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121 South Carondelet Street

121 South Carondelet Street, Los Angeles, CA 90057
Sold Mar 31, 2021
$3,800,000
$3,100,000 by Cathay Bank
Mortgage
Sold Dec 27, 2013
$2,327,523
$1,700,000 by Jpmorgan Chase Bank Na
Mortgage
121 South Carondelet 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 1955 and is 69 years old. However, we must point out that the home was most recently renovated and altered in 1967. The home has a total of 17 bedrooms. Residents will have access to 10 full bathrooms. There are 10 partial bathrooms in the home. The building has a total of 2 stories. In addition, 121 South Carondelet Street has 8,680 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 8,648 square feet.

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 B by the local assessor. The building has a hip style roof made of composition shingle. The exterior walls of the building are made of stucco. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. The property was last sold in Feb 1, 2021 for $3,800,000. That's $437.79 per sqft. Prior to that sales transaction, the property was also sold in Dec 5, 2013 for $2,327,523. 121 South Carondelet Street was last assessed in 2023. The total value of the property was assessed at $2,065,194. Specifically, the land the property is located on was valued at $1,680,246. While improvements on the property were assessed at a total of $384,948. 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 $25,109. 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. 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: 1955
  • Effective Year Built: 1967
  • Building Count: 1
  • Bedroom Count: 17
  • Bathroom Count: 10
  • Full Bathrooms: 10
  • Partial Bathrooms: 10
  • Building Quality: B
  • Construction Type: Wood
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 10
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,648
  • Total Building Area: 8,680
  • Gross Building Area: 8,680
  • Building Area: 8,680
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 8,680
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 5368
  • Land Acres: 0.199
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Personal property general
  • Legal Description 1: TRACT # 5368 LOT/SEC 4

Ownership

  • Current Owner : 115 S CARONDOLET ST 10 LLC
  • Previous Owner : LAO ALBERT
  • Previous Owner 2: LAO MAGDALENA
  • Owner Before Previous Owner: NIXON PROPERTIES LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 208502

Zoning

  • Zoning: LAR3

Geography

  • Assessors Map Reference: 44-B1
  • Subdivision Tract Number: 5368
  • Parcel: 5155-035-013
  • Lot: 4
  • Municipality: WEST /WESTLAKE
  • Latitude: 34.0682
  • Longitude: -118.275

    Address

  • Full Address: 121 S Carondelet St
  • Address - House Number: 121
  • Street Direction: S
  • Address - Street Name: Carondelet
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C031
  • 4-Digit Zip Code: 2068
  • Zip Code: 90057

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $25,109
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.221
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 55
  • Final Value: 1,995,316
  • High Value: 2,436,366
  • Low Value: 1,554,265

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,100,000
  • First Open Lien Mortgage Lender: CATHAY BANK
  • First Open Lien Mortgage Recording Date: Jun 21, 2023
  • First Open Lien Mortgage Loan Amount: $3,100,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,065,194
  • Assessed Land Value: $1,680,246
  • Assessed Improvements Value: $384,948

    Sales

  • Current Sale Contract Date: Feb 01, 2021
  • Current Sale Recording Date: Mar 31, 2021
  • Current Sale Transaction ID: 11827354975
  • Current Sale Price: $3,800,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-0501911
  • Previous Sale Recording Date: Dec 27, 2013
  • Previous Sale Contract Date: Dec 05, 2013
  • Previous Sale Amount: $2,327,523
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MEGA BANK
  • First Mortgage Transaction Date: Mar 31, 2021
  • First Mortgage Loan Amount: $3,600,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Dec 27, 2013
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $1,700,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage

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Frequently Asked Questions

What neighborhood is 121 South Carondelet Street located in?
The 121 South Carondelet Street is a located in the neighborhood of Greater Echo Park Elysian in East LA, Los Angeles.
What is the average sales price for listings in 121 South Carondelet Street?
The average sales price for units in 121 South Carondelet Street is $0 currently.

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