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1125 Hi Point Street

1125 Hi Point Street, Los Angeles, CA 90035
Property in Carthay Square
1 Units For Sale
Unit for sale at 1125 Hi Point St, Los Angeles, CA 90035

$2,099,000

  • Loft
  • 3,020 ft²
1125 Hi Point St, Los Angeles, CA 90035 Listing by Brandon Douglas

Local assessors in Los Angeles, CA have categorized 1125 Hi Point Street as a residential type of property. The home was built in 1928 and is 96 years old. The property's lot size has been calculated to be 6,501 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. 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, 4 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 1125 Hi Point Street has a total of 3,020 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 - B. Residents rely on air conditioning for their cooling system. 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, 1125 Hi Point Street sold most recently in Dec 21, 2007 for a total of $1,275,000. If you work out the math, that's approximately a cost of $422.19 per sqft. Before that, the property was also sold for $777,000 in Nov 13, 2002. 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 $18,841 in taxes each year. The initial year of tax delinquency occurred in 2021. 1125 Hi Point Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,609,696. If we break it down further, the land itself was valued at $1,136,257. Improvements to the property, however, were assessed at a total of $473,439. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230210
02/10/2023
Loft
-
3020 ft²
$2,195,000
bedrooms
Loft
bathrooms
-
square feet
3020 ft²
-
-
-
Brandon Douglas
Rodeo Realty - Beverly Hills

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 6,501
  • Total Building Area: 3,020
  • Gross Building Area: 3,020
  • Building Area: 3,020
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 3,020
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 7603
  • Land Acres: 0.149
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: TRACT # 7603 LOT/SEC 247

Ownership

  • Current Owner : CARSON PLAZA PARTNERS LLC
  • Previous Owner : PIGNAT ALFRED
  • Owner Before Previous Owner: SKOBY MICHELLE
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 216800

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 42-E2
  • Subdivision Tract Number: 7603
  • Parcel: 5087-023-005
  • Lot: 247
  • Municipality: WEST /MID-CITY
  • Latitude: 34.0554
  • Longitude: -118.368

    Address

  • Full Address: 1125 Hi Point St
  • Address - House Number: 1125
  • Address - Street Name: Hi Point
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C011
  • 4-Digit Zip Code: 2609
  • Zip Code: 90035

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $18,841
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 96
  • Final Value: 1,970,053
  • High Value: 2,103,548
  • Low Value: 1,836,558

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $4,276,175
  • First Open Lien Mortgage Lender: WOODWARD ASSOCIATES INC
  • First Open Lien Mortgage Recording Date: Jan 24, 2024
  • First Open Lien Mortgage Loan Amount: $3,200,000
  • 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: Jan 24, 2054
  • Second Open Lien Mortgage Lender: DMC INC
  • Second Open Lien Mortgage Recording Date: May 19, 2021
  • Second Open Lien Mortgage Loan Amount: $1,076,175
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Commercial
  • Second Open Lien Mortgage Loan Due Date: May 19, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,609,696
  • Assessed Land Value: $1,136,257
  • Assessed Improvements Value: $473,439

    Sales

  • Current Sale Contract Date: Dec 21, 2007
  • Current Sale Recording Date: Jan 07, 2008
  • Current Sale Transaction ID: 1031321411
  • Current Sale Price: $1,275,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 08-0029111
  • Previous Sale Recording Date: Nov 27, 2002
  • Previous Sale Contract Date: Nov 13, 2002
  • Previous Sale Amount: $777,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: INDYMAC BANK FSB
  • Previous Mortgage Transaction Date: Nov 27, 2002
  • Previous Mortgage Loan Amount: $621,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Dec 01, 2032

About Central LA



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Frequently Asked Questions

What neighborhood is 1125 Hi Point Street located in?
The 1125 Hi Point Street is a located in the neighborhood of Carthay Square in Central LA, Los Angeles.
How many listings are currently for sale in 1125 Hi Point Street?
There is one unit for sale right now.
What is the average sales price for listings in 1125 Hi Point Street?
The average sales price for units in 1125 Hi Point Street is $2,099,000 , or $695/sqft. currently.

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