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1140 West 50th Street

1140 West 50th Street, Los Angeles, CA 90037
Property in Voices of 90037
Sold Sep 22, 2017
$445,000
$333,750 by Mega Capital Funding Inc
Mortgage Due Oct 01, 2047
Sold Feb 28, 2014
$280,000
$190,000 by Mega Capital Funding Inc
Mortgage Due Mar 01, 2044
1140 West 50th Street in Los Angeles, CA was first built in 1908 and is 116 years old. Although, the building on the property was most recently renovated and altered in 1909. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1140 West 50th Street has 1,324 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. The linear feet across the front of the lot is 440 ft and the linear feet between the front and back of the lot is 1,300. In total, the area measurement of the land is 5,720 square feet.

Learn more about the property and building on this page. The roof of the home is made of composition shingle. 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 B. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 1140 West 50th Street was last sold in Sep 18, 2017 for $445,000. According to our calculations, that's $336.10 per sqft. Prior to that sales transaction, the property was sold for $280,000 in Feb 18, 2014. Current property owners are expected to pay $5,828 in taxes per year. The property on 1140 West 50th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $486,670. To break that down further, the land itself was valued at $389,337. While improvements to the property were assessed at a total of $97,333. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Info

Overview

    General

  • Year Built: 1908
  • Effective Year Built: 1909
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: B
  • Construction Type: Wood
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,720
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 440
  • Total Building Area: 1,324
  • Building Area: 1,324
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,324
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VERMONT AVENUE SQUARE
  • Land Acres: 0.131
  • Standard Land Use Code: Single family residential
  • Legal Description 1: VERMONT AVE SQUARE LOT/SEC 26 BLK/DIV/TWN 26

Ownership

  • Current Owner : KIM KOO HWAN
  • Current Owner 2: SUNG SHIJUN
  • Previous Owner : YIM DONG SONG
  • Owner Before Previous Owner: FANNIE MAE

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 232300

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 51-F3
  • Parcel: 5017-023-027
  • Block: 26
  • Lot: 26
  • Municipality: WEST /SO. WEST L.A.
  • Latitude: 33.9976
  • Longitude: -118.295

    Address

  • Full Address: 1140 W 50th St
  • Address - House Number: 1140
  • Street Direction: W
  • Address - Street Name: 50th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C054
  • 4-Digit Zip Code: 2822
  • Zip Code: 90037

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,828
  • Tax Rate Code Area: 00-212

    Appraisal Valuation

  • Standard Deviation: 0.2318
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 67
  • Final Value: 726,997
  • High Value: 895,524
  • Low Value: 558,471

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $333,750
  • First Open Lien Mortgage Lender: MEGA CAPITAL FUNDING INC
  • First Open Lien Mortgage Recording Date: Sep 22, 2017
  • First Open Lien Mortgage Loan Amount: $333,750
  • 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, 2047

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $486,670
  • Assessed Land Value: $389,337
  • Assessed Improvements Value: $97,333

    Sales

  • Current Sale Contract Date: Sep 18, 2017
  • Current Sale Recording Date: Sep 22, 2017
  • Current Sale Transaction ID: 1736158326
  • Current Sale Price: $445,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 17-1087704
  • Previous Sale Recording Date: Feb 28, 2014
  • Previous Sale Contract Date: Feb 18, 2014
  • Previous Sale Amount: $280,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MEGA CAPITAL FUNDING INC
  • First Mortgage Transaction Date: Sep 22, 2017
  • First Mortgage Loan Amount: $333,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: MEGA CAPITAL FUNDING INC
  • Previous Mortgage Transaction Date: Feb 28, 2014
  • Previous Mortgage Loan Amount: $190,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2044

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Frequently Asked Questions

What neighborhood is 1140 West 50th Street located in?
The 1140 West 50th Street is a located in the neighborhood of Voices of 90037 in South LA, Los Angeles.
What is the average sales price for listings in 1140 West 50th Street?
The average sales price for units in 1140 West 50th Street is $0 currently.

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