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1115 John Reed Court

1115 John Reed Court, Hacienda Heights, CA 91745
Property in Industry
1115 John Reed Court has been categorized by the local assessors in Hacienda Heights, CA as a industrial type of property. The building on the property was first built in 1973 and is 51 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1115 John Reed Court has 97,931 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 119,073 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We know that this is 3 code building. This code stands for "buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame". From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1115 John Reed Court was last sold in Mar 2, 2018 for $9,850,000. According to our calculations, that's $100.58 per sqft. Prior to that sales transaction, the property was sold for $5,030,000 in Jun 11, 2010. Current property owners are expected to pay $133,967 in taxes per year. The property on 1115 John Reed Court was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $10,772,411. To break that down further, the land itself was valued at $7,075,889. While improvements to the property were assessed at a total of $3,696,522. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 3
  • Bedroom Count: 0
  • Building Quality: C
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 119,073
  • Total Building Area: 97,931
  • Gross Building Area: 67,081
  • Building Area: 97,931
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 97,931
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Exterior non-combustible materials/Interior combustible materials
  • Property Class: Industrial
  • Subdivision: PARCEL MAP 21
  • Land Acres: 2.734
  • Standard Land Use Code: Warehouse (industrial)
  • Legal Description 1: PARCEL MAP AS PER BK 42 PG 4-5 OF P M (EX OF R/W) LOT/SEC 6

Ownership

  • Current Owner : TRAN NAM TUAN
  • Current Owner 2: TRAN FRANCES
  • Previous Owner : 1115 JOHN REED COURT LLC
  • Owner Before Previous Owner: CATHAY BANK
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Hacienda La Puente Unified School District
  • Census Tract: 980035

Zoning

  • Zoning: IDM*

Geography

  • Assessors Map Reference: 98-B2
  • Parcel: 8242-011-062
  • Lot: 6
  • Municipality: EAST /INDUSTRY W.
  • Latitude: 34.0038
  • Longitude: -117.94

    Address

  • Full Address: 1115 John Reed Ct
  • Address - House Number: 1115
  • Address - Street Name: John Reed
  • Address - Suffix Type: Ct
  • State: CA
  • City Name: City Of Industry
  • Carrier Code: C030
  • 4-Digit Zip Code: 1814
  • Zip Code: 91745

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $133,967
  • Tax Rate Code Area: 04-345

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $12,895,000
  • First Open Lien Mortgage Lender: CATHAY BANK
  • First Open Lien Mortgage Recording Date: Mar 14, 2018
  • First Open Lien Mortgage Loan Amount: $6,895,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • Second Open Lien Mortgage Lender: CATHAY BANK
  • Second Open Lien Mortgage Recording Date: Aug 03, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $2,500,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Third Open Lien Mortgage Lender: CATHAY BANK
  • Third Open Lien Mortgage Recording Date: Jun 29, 2023
  • Third Open Lien Mortgage Loan Amount: $3,500,000
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: Building or Construction Loan

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $10,772,411
  • Assessed Land Value: $7,075,889
  • Assessed Improvements Value: $3,696,522

    Sales

  • Current Sale Contract Date: Mar 02, 2018
  • Current Sale Recording Date: Mar 14, 2018
  • Current Sale Transaction ID: 11434880934
  • Current Sale Price: $9,850,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 18-0243560
  • Previous Sale Recording Date: Sep 24, 2010
  • Previous Sale Contract Date: Jun 11, 2010
  • Previous Sale Amount: $5,030,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CATHAY BANK
  • First Mortgage Transaction Date: Mar 14, 2018
  • First Mortgage Loan Amount: $6,895,000
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: CATHAY BANK
  • Previous Mortgage Transaction Date: Sep 24, 2010
  • Previous Mortgage Loan Amount: $1,956,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Seller take-back

About Industry



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Frequently Asked Questions

What neighborhood is 1115 John Reed Court located in?
The 1115 John Reed Court is a located in the neighborhood of Industry in Industry, Hacienda Heights.
What is the average sales price for listings in 1115 John Reed Court?
The average sales price for units in 1115 John Reed Court is $0 currently.

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