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1183 West 24th Street

1183 West 24th Street, Los Angeles, CA 90007
Multifamily in University Park
Sold Jun 07, 2021
$707,000
Sold Sep 01, 2005
$610,000
$488,000 by American Capital Funding
Mortgage Due Sep 01, 2035
1183 West 24th Street in Los Angeles, CA was first built in 1915 and is 109 years old. 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, 2 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 1183 West 24th Street has 2,454 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 5,874 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 D. As for heating, the home is utilizing floor/wall heating system. The property was last sold in May 12, 2021 for $707,000. That's $288.10 per sqft. Prior to that sales transaction, the property was also sold in Jul 26, 2005 for $610,000. 1183 West 24th Street was last assessed in 2023. The total value of the property was assessed at $891,622. Specifically, the land the property is located on was valued at $676,260. While improvements on the property were assessed at a total of $215,362. 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 $10,668. The initial tax year of delinquency was in 2020. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. 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: 1915
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Quadplex
  • Living Units: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,874
  • Total Building Area: 2,454
  • Gross Building Area: 2,454
  • Building Area: 2,454
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 2,454
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: URMSTON TRACT
  • Land Acres: 0.135
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • Legal Description 1: URMSTON TRACT LOT/SEC 13 BLK/DIV/TWN 7

Ownership

  • Current Owner : ERI HOLDING INC
  • Previous Owner : BONILLA MARIO RODRIGUEZ
  • Owner Before Previous Owner: SERRANO GLORIA
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 221710

Zoning

  • Zoning: LARD2

Geography

  • Assessors Map Reference: 44-A5
  • Parcel: 5055-020-012
  • Block: 7
  • Lot: 13
  • Municipality: WEST /UNIVERSITY PARK
  • Latitude: 34.0346
  • Longitude: -118.286

    Address

  • Full Address: 1183 W 24th St
  • Address - House Number: 1183
  • Street Direction: W
  • Address - Street Name: 24th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C025
  • 4-Digit Zip Code: 1769
  • Zip Code: 90007

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,668
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 00-048

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 96
  • Final Value: 909,100
  • High Value: 970,693
  • Low Value: 847,507

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $891,622
  • Assessed Land Value: $676,260
  • Assessed Improvements Value: $215,362

    Sales

  • Current Sale Contract Date: May 12, 2021
  • Current Sale Recording Date: Jun 07, 2021
  • Current Sale Transaction ID: 11837755904
  • Current Sale Price: $707,000
  • Current Sale Document Type: Trustee's Deed (Certificate of Title)
  • Current Sale Input Document Number: 21-0898078
  • Previous Sale Recording Date: Sep 01, 2005
  • Previous Sale Contract Date: Jul 26, 2005
  • Previous Sale Amount: $610,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN CAPITAL FUNDING
  • Previous Mortgage Transaction Date: Sep 01, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $488,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Sep 01, 2035

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Frequently Asked Questions

What neighborhood is 1183 West 24th Street located in?
The 1183 West 24th Street is a multifamily located in the neighborhood of University Park in South LA, Los Angeles.
What is the average sales price for listings in 1183 West 24th Street?
The average sales price for units in 1183 West 24th Street is $0 currently.

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