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1135 South Lake Street

1135 South Lake Street, Los Angeles, CA 90006
Property in Pico Union
1 Units For Sale
Unit for sale at 1135 S Lake St, Los Angeles, CA 90006

$1,390,000

  • 8 Beds
1135 S Lake St, Los Angeles, CA 90006 Listing by Jonathan Paik

1135 South Lake Street has been categorized by the local assessors in Los Angeles, CA as a residential type of property. The building on the property was first built in 1906 and is 118 years old. However, we must point out that the home was most recently renovated and altered in 1911. The home has a total of 6 bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. In addition, 1135 South Lake Street has 5,818 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 8,579 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a quadplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The inside of the home is being cooled with air conditioning at the moment. The property was last sold in Sep 12, 2006 for $900,000. That's $154.69 per sqft. Prior to that sales transaction, the property was also sold in Jul 28, 2005 for $800,000. 1135 South Lake Street was last assessed in 2023. The total value of the property was assessed at $1,158,973. Specifically, the land the property is located on was valued at $772,651. While improvements on the property were assessed at a total of $386,322. 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 $13,984. 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.

Building Features

Parking

Covered Parking
Gated Parking
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230323
03/23/2023
12 Bed
-
-
$1,490,000
bedrooms
12 Bed
bathrooms
-
-
-
-
Jonathan Paik
eXp Realty of California Inc
20220616
06/16/2022
Studio
-
-
$1,380,000
bedrooms
Studio
bathrooms
-
-
-
-
Peter Paik
eXp Realty of California Inc

Building Info

Overview

    General

  • Year Built: 1906
  • Effective Year Built: 1911
  • Building Count: 1
  • Bedroom Count: 6
  • 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: 8,579
  • Total Building Area: 5,818
  • Gross Building Area: 5,818
  • Building Area: 5,818
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 5,818
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PALM PLACE
  • Land Acres: 0.197
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • Legal Description 1: PALM PLACE AS PER BK 4 PG 16 OF MAPS RECORDS OF L A CO LOT/SEC 14 BLK/DIV/TWN 2

Ownership

  • Current Owner : HUR PHILIP
  • Previous Owner : CHOI JUNG SOOK
  • Owner Before Previous Owner: JURADO FREDDY
  • Owner Before Previous Owner 2: JURADO MARIA I
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 209810

Zoning

  • Zoning: LAR4

Geography

  • Assessors Map Reference: 44-A3
  • Parcel: 5136-017-015
  • Block: 2
  • Lot: 14
  • Municipality: WEST /WESTLAKE
  • Latitude: 34.0499
  • Longitude: -118.283

    Address

  • Full Address: 1135 S Lake St
  • Address - House Number: 1135
  • Street Direction: S
  • Address - Street Name: Lake
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C033
  • 4-Digit Zip Code: 3607
  • Zip Code: 90006

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,984
  • Tax Rate Code Area: 00-036

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 96
  • Final Value: 1,373,627
  • High Value: 1,466,707
  • Low Value: 1,280,547

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,158,973
  • Assessed Land Value: $772,651
  • Assessed Improvements Value: $386,322

    Sales

  • Current Sale Contract Date: Sep 12, 2006
  • Current Sale Recording Date: Sep 15, 2006
  • Current Sale Transaction ID: 1031422529
  • Current Sale Price: $900,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 06-2058110
  • Previous Sale Recording Date: Sep 09, 2005
  • Previous Sale Contract Date: Jul 28, 2005
  • Previous Sale Amount: $800,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMEWIDE LENDING CORP
  • First Mortgage Transaction Date: Sep 15, 2006
  • First Mortgage Loan Amount: $675,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Oct 01, 2036

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAS WHOLESALE LENDER
  • Previous Mortgage Transaction Date: Sep 09, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $640,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2035

About Central LA



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Frequently Asked Questions

What neighborhood is 1135 South Lake Street located in?
The 1135 South Lake Street is a located in the neighborhood of Pico Union in Central LA, Los Angeles.
How many listings are currently for sale in 1135 South Lake Street?
There is one unit for sale right now.
What is the average sales price for listings in 1135 South Lake Street?
The average sales price for units in 1135 South Lake Street is $1,390,000 currently.

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