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1056 5th Avenue

1056 5th Avenue, Los Angeles, CA 90019
Sold Sep 20, 2012
$470,500
$329,350 by Jpmorgan Chase Bank Na
Mortgage Due Oct 01, 2042
1056 5th Avenue in Los Angeles, CA was first built in 1919 and is 105 years old. Although, the building on the property was most recently renovated and altered in 1925. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 7 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1056 5th Avenue has 1,168 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,300. In total, the area measurement of the land is 6,500 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of composition shingle. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. As for heating, the home is utilizing floor/wall heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Aug 29, 2012 for $470,500. That's $402.83 per sqft. 1056 5th Avenue was last assessed in 2023. The total value of the property was assessed at $568,714. Specifically, the land the property is located on was valued at $445,506. While improvements on the property were assessed at a total of $123,208. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $6,719. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1919
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,500
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,168
  • Building Area: 1,168
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,168
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 2000
  • Land Acres: 0.149
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 2000 LOT/SEC 45

Ownership

  • Current Owner : PARK JOY H
  • Previous Owner : FURUTA PETER S
  • Previous Owner 2: FURUTA STEPHEN J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 212701

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 43-D3
  • Subdivision Tract Number: 2000
  • Parcel: 5081-011-003
  • Lot: 45
  • Municipality: WEST /COUNTRY CLB PK.
  • Latitude: 34.0518
  • Longitude: -118.32

    Address

  • Full Address: 1056 5th Ave
  • Address - House Number: 1056
  • Address - Street Name: 5th
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C003
  • 4-Digit Zip Code: 3437
  • Zip Code: 90019

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,719
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2186
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 70
  • Final Value: 1,223,276
  • High Value: 1,490,724
  • Low Value: 955,827

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $329,350
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Sep 20, 2012
  • First Open Lien Mortgage Loan Amount: $329,350
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2042

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $568,714
  • Assessed Land Value: $445,506
  • Assessed Improvements Value: $123,208

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 29, 2012
  • Current Sale Recording Date: Sep 20, 2012
  • Current Sale Transaction ID: 1034525505
  • Current Sale Price: $470,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 12-1413922

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Sep 20, 2012
  • First Mortgage Loan Amount: $329,350
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2042

About Central LA



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Frequently Asked Questions

What neighborhood is 1056 5th Avenue located in?
The 1056 5th Avenue is a located in the neighborhood of Country Club Park in Central LA, Los Angeles.
What is the average sales price for listings in 1056 5th Avenue?
The average sales price for units in 1056 5th Avenue is $0 currently.

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