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1169 South Highland Avenue

1169 South Highland Avenue, Los Angeles, CA 90019
Multifamily in Olympic Park
Local assessors in Los Angeles, CA have categorized 1169 South Highland Avenue as a residential type of property. The home was built in 1948 and is 76 years old. The property's lot size has been calculated to be 6,383 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, 5 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 3 full bathrooms. There are also 3 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 1169 South Highland Avenue has a total of 3,770 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. 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 - C. 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, 1169 South Highland Avenue sold most recently in Jan 29, 2020 for a total of $1,425,000. If you work out the math, that's approximately a cost of $377.98 per sqft. Before that, the property was also sold for $985,000 in May 14, 2007. 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 $17,636 in taxes each year. The initial year of tax delinquency occurred in 2019. 1169 South Highland Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,497,927. If we break it down further, the land itself was valued at $1,156,295. Improvements to the property, however, were assessed at a total of $341,632. 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.

Building Features

Exterior

Stucco Exterior

Driveway

Driveway
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200113
01/13/2020
Studio
-
-
$1,425,000
bedrooms
Studio
bathrooms
-
$1,425,000
03/12/2020
Nicole Green

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,383
  • Total Building Area: 3,770
  • Gross Building Area: 3,770
  • Building Area: 3,770
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 3,770
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 5070
  • Land Acres: 0.147
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: TRACT NO 5070 LOT/SEC 48

Ownership

  • Current Owner : HWANG MICHAEL C
  • Previous Owner : 1169 S HIGHLAND LLC
  • Owner Before Previous Owner: WILEY WAYMOND

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 216100

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 43-B2
  • Subdivision Tract Number: 5070
  • Parcel: 5084-022-014
  • Lot: 48
  • Municipality: WEST /MID-CITY
  • Latitude: 34.0538
  • Longitude: -118.342

    Address

  • Full Address: 1169 S Highland Ave
  • Address - House Number: 1169
  • Street Direction: S
  • Address - Street Name: Highland
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C045
  • 4-Digit Zip Code: 1751
  • Zip Code: 90019

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $17,636
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 96
  • Final Value: 1,748,845
  • High Value: 1,867,332
  • Low Value: 1,630,358

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $854,000
  • First Open Lien Mortgage Lender: NEW WAVE LENDING GROUP INC
  • First Open Lien Mortgage Recording Date: Mar 12, 2020
  • First Open Lien Mortgage Loan Amount: $854,000
  • 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: Apr 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,497,927
  • Assessed Land Value: $1,156,295
  • Assessed Improvements Value: $341,632

    Sales

  • Current Sale Contract Date: Jan 29, 2020
  • Current Sale Recording Date: Mar 12, 2020
  • Current Sale Transaction ID: 11746069920
  • Current Sale Price: $1,425,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-0295284
  • Previous Sale Recording Date: Jun 11, 2007
  • Previous Sale Contract Date: May 14, 2007
  • Previous Sale Amount: $985,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEW WAVE LENDING GROUP INC
  • First Mortgage Transaction Date: Mar 12, 2020
  • First Mortgage Loan Amount: $854,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jun 11, 2007
  • Previous Mortgage Loan Amount: $786,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jul 01, 2037

About Central LA



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Frequently Asked Questions

What neighborhood is 1169 South Highland Avenue located in?
The 1169 South Highland Avenue is a multifamily located in the neighborhood of Olympic Park in Central LA, Los Angeles.
What is the average sales price for listings in 1169 South Highland Avenue?
The average sales price for units in 1169 South Highland Avenue is $1,425,000 currently.

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