Check Availability

1122 Olancha Drive

1122 Olancha Drive, Los Angeles, CA 90065
Property in Mount Washington
Sold Jul 15, 2013
$45,000
Buyer
Seller
$966,000 by Us Bank Na
Mortgage Due Jun 01, 2051
Local assessors in Los Angeles, CA have categorized 1122 Olancha Drive as a residential type of property. The home was built in 2019 and is 5 years old. It was most recently renovated and altered in 2020. The property's lot size has been calculated to be 6,471 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 1122 Olancha Drive has a total of 980 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1122 Olancha Drive sold most recently in Jun 13, 2013 for a total of $45,000. If you work out the math, that's approximately a cost of $45.92 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,242 in taxes each year. 1122 Olancha Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $445,827. If we break it down further, the land itself was valued at $84,228. Improvements to the property, however, were assessed at a total of $361,599. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2020
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: A
  • Construction Type: Wood
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 6,471
  • Lot Size Depth Feet: 1,050
  • Total Building Area: 980
  • Building Area: 980
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 980
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 6340
  • Land Acres: 0.149
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 6340 LOT/SEC 13 BLK/DIV/TWN 24

Ownership

  • Current Owner : ARNOLD MARK
  • Previous Owner : CHOI JOON
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 186302

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 35-A1
  • Subdivision Tract Number: 6340
  • Parcel: 5475-008-025
  • Block: 24
  • Lot: 13
  • Municipality: EAST /LA MT WASHINGTN
  • Latitude: 34.1161
  • Longitude: -118.217

    Address

  • Full Address: 1122 Olancha Dr
  • Address - House Number: 1122
  • Address - Street Name: Olancha
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Los Angeles
  • Zip Code: 90065

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,242
  • Tax Rate Code Area: 00-004

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,107,344
  • High Value: 1,354,722
  • Low Value: 859,966

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,142,562
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: May 19, 2021
  • First Open Lien Mortgage Loan Amount: $966,000
  • 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: Jun 01, 2051
  • Second Open Lien Mortgage Lender: US BANK NA
  • Second Open Lien Mortgage Recording Date: Nov 30, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $176,562
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Nov 09, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $445,827
  • Assessed Land Value: $84,228
  • Assessed Improvements Value: $361,599

    Sales

  • Current Sale Contract Date: Jun 13, 2013
  • Current Sale Recording Date: Jul 15, 2013
  • Current Sale Transaction ID: 1035660032
  • Current Sale Price: $45,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 13-1031189

About East LA



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 2581 Arvia St, LOS ANGELES, CA, 90065

$4,695 /mo

  • 3 Beds
  • 3.5 Baths
  • 1,850 ft²
2581 Arvia St #16, LOS ANGELES, CA, 90065 Listing by Christina Kim
Unit for rent at 2216 Laverna Avenue, Eagle Rock, CA, 90041

$4,950 /mo

  • 3 Beds
  • 2 Baths
  • 1,744 ft²
2216 Laverna Avenue, Eagle Rock, CA, 90041 Listing by Jean Liu
Unit for rent at 1623 Champlain, Los Angeles, CA, 90026

$4,950 /mo

  • 3 Beds
  • 1 Bath
  • 1,300 ft²
1623 Champlain, Los Angeles, CA, 90026 Listing by Joe Elizondo
Unit for rent at 2537 W Avenue 30, Los Angeles, CA, 90065

$4,750 /mo

  • 3 Beds
  • 2 Baths
  • 1,604 ft²
2537 W Avenue 30, Los Angeles, CA, 90065 Listing by Jonathan Cook

Frequently Asked Questions

What neighborhood is 1122 Olancha Drive located in?
The 1122 Olancha Drive is a located in the neighborhood of Mount Washington in East LA, Los Angeles.
What is the average sales price for listings in 1122 Olancha Drive?
The average sales price for units in 1122 Olancha Drive is $0 currently.

Quantcast