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1147 North Alma Avenue

1147 North Alma Avenue, Los Angeles, CA 90063
Property in East Los Angeles
Sold Jul 14, 2023
$420,000
$521,000 by Aspen Retirement Fund Llc
Mortgage Due Aug 01, 2024
Sold Sep 14, 1993
$79,000
$74,600 by Arcs Mortgage Inc
Mortgage Due Oct 01, 2023
1147 North Alma Avenue 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 1924 and is 100 years old. However, we must point out that the home was most recently renovated and altered in 1928. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1147 North Alma Avenue has 819 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 650 ft and across the front of the lot is 770 ft. The area measurement of the land has been determined as 5,003 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional 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. According to our sources, there is one available parking space. 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 B by the local assessor. The building has a gable style roof made of roll composition. In terms of heating, it is utilizing floor/wall heating 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, 1147 North Alma Avenue sold most recently in Jul 3, 2023 for a total of $420,000. If you work out the math, that's approximately a cost of $512.82 per sqft. Before that, the property was also sold for $79,000 in Jun 22, 1993. 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 $3,092 in taxes each year. 1147 North Alma Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $209,075. If we break it down further, the land itself was valued at $155,183. Improvements to the property, however, were assessed at a total of $53,892. 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: 1924
  • Effective Year Built: 1928
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Roof Cover Type: Roll composition
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,003
  • Lot Size Depth Feet: 650
  • Lot Size Frontage Feet: 770
  • Total Building Area: 819
  • Building Area: 819
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 819
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 5750
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 5750 LOT/SEC 8 BLK/DIV/TWN 3

Ownership

  • Current Owner : RADICAL ENTERPRISES INC
  • Previous Owner : NUNGARAY PEDRO
  • Owner Before Previous Owner: FEDERAL HOME LOAN MORTGAGE CORPORATION
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 530801

Zoning

  • Zoning: LCR3*

Geography

  • Assessors Map Reference: 45-C3
  • Subdivision Tract Number: 5750
  • Parcel: 5229-006-009
  • Block: 3
  • Lot: 8
  • Municipality: EAST /EAST L.A. NO.
  • Latitude: 34.0516
  • Longitude: -118.192

    Address

  • Full Address: 1147 N Alma Ave
  • Address - House Number: 1147
  • Street Direction: N
  • Address - Street Name: Alma
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C025
  • 4-Digit Zip Code: 2627
  • Zip Code: 90063

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,092
  • Tax Rate Code Area: 00-964

    Appraisal Valuation

  • Standard Deviation: 0.2368
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 66
  • Final Value: 561,487
  • High Value: 694,479
  • Low Value: 428,494

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $521,000
  • First Open Lien Mortgage Lender: ASPEN RETIREMENT FUND LLC
  • First Open Lien Mortgage Recording Date: Jul 14, 2023
  • First Open Lien Mortgage Loan Amount: $521,000
  • First Open Lien Mortgage Term: 12
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2024

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $209,075
  • Assessed Land Value: $155,183
  • Assessed Improvements Value: $53,892

    Sales

  • Current Sale Contract Date: Jul 03, 2023
  • Current Sale Recording Date: Jul 14, 2023
  • Current Sale Transaction ID: 11909254107
  • Current Sale Price: $420,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 463159
  • Previous Sale Recording Date: Sep 14, 1993
  • Previous Sale Contract Date: Jun 22, 1993
  • Previous Sale Amount: $79,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: ASPEN RETIREMENT FUND LLC
  • First Mortgage Transaction Date: Jul 14, 2023
  • First Mortgage Loan Amount: $521,000
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Credit Line (Revolving)
  • First Mortgage Loan Due Date: Aug 01, 2024

    Previous Mortgages

  • Previous Mortgage Lender: ARCS MORTGAGE INC
  • Previous Mortgage Transaction Date: Sep 14, 1993
  • Previous Mortgage Loan Amount: $74,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Oct 01, 2023

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Frequently Asked Questions

What neighborhood is 1147 North Alma Avenue located in?
The 1147 North Alma Avenue is a located in the neighborhood of East Los Angeles in East Los Angeles, Los Angeles.
What is the average sales price for listings in 1147 North Alma Avenue?
The average sales price for units in 1147 North Alma Avenue is $0 currently.

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