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1126 Marion Avenue

1126 Marion Avenue, Los Angeles, CA 90026
Property in Angelino Heights
Sold Jan 29, 2003
$245,000
$660,000 by First Republic Bank
Mortgage Due Oct 01, 2051
Sold Jan 28, 2003
$245,000
1126 Marion Avenue in Los Angeles, CA was first built in 1915 and is 109 years old. Although, the building on the property was most recently renovated and altered in 1940. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a quadplex style. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 1126 Marion Avenue has 2,428 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. In total, the area measurement of the land is 2,499 square feet.

Learn more about the property and building on this page. 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 C. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. 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, 1126 Marion Avenue sold most recently in Jan 16, 2003 for a total of $245,000. If you work out the math, that's approximately a cost of $100.91 per sqft. Before that, the property was also sold for $245,000 in Jan 16, 2003. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $12,569 in taxes each year. 1126 Marion Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,071,771. If we break it down further, the land itself was valued at $743,678. Improvements to the property, however, were assessed at a total of $328,093. 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. 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: 1915
  • Effective Year Built: 1940
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Quadplex
  • Living Units: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,499
  • Total Building Area: 2,428
  • Gross Building Area: 2,428
  • Building Area: 2,428
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 2,428
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ANGELENO HEIGHTS
  • Land Acres: 0.057
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • Legal Description 1: ANGELENO HEIGHTS NW 50 FT OF LOT/SEC 14 BLK/DIV/TWN 27

Ownership

  • Current Owner : CARBAJAL REMBERTO
  • Previous Owner : MORAN SALVADOR
  • Owner Before Previous Owner: MORAN SALVADOR
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 197600

Zoning

  • Zoning: LARD2

Geography

  • Assessors Map Reference: 44-D1
  • Parcel: 5405-027-018
  • Block: 27
  • Lot: 14
  • Municipality: EAST /LA SILVER LAKE
  • Latitude: 34.0679
  • Longitude: -118.251

    Address

  • Full Address: 1126 Marion Ave
  • Address - House Number: 1126
  • Address - Street Name: Marion
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C043
  • 4-Digit Zip Code: 4421
  • Zip Code: 90026

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,569
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.2336
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 67
  • Final Value: 1,333,753
  • High Value: 1,645,409
  • Low Value: 1,022,097

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $660,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Oct 05, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $660,000
  • 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: Oct 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,071,771
  • Assessed Land Value: $743,678
  • Assessed Improvements Value: $328,093

    Sales

  • Current Sale Contract Date: Jan 16, 2003
  • Current Sale Recording Date: Jan 29, 2003
  • Current Sale Transaction ID: 1032545263
  • Current Sale Price: $245,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 03-0274301
  • Previous Sale Recording Date: Jan 28, 2003
  • Previous Sale Contract Date: Jan 16, 2003
  • Previous Sale Amount: $245,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: COUNTRYWIDE HOME LOANS INC
  • First Mortgage Transaction Date: Jan 29, 2003
  • First Mortgage Loan Amount: $241,214
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2033

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Frequently Asked Questions

What neighborhood is 1126 Marion Avenue located in?
The 1126 Marion Avenue is a located in the neighborhood of Angelino Heights in East LA, Los Angeles.
What is the average sales price for listings in 1126 Marion Avenue?
The average sales price for units in 1126 Marion Avenue is $0 currently.

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