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1216 South Victoria Avenue

1216 South Victoria Avenue, Los Angeles, CA 90019
Property in Olympic Park
Sold Aug 15, 2014
$1,075,000
$746,000 by Prestige Assets & Holdings Inc
Mortgage Due Mar 01, 2052
Sold Feb 20, 2014
Transfer
1216 South Victoria Avenue in Los Angeles, CA was first built in 1913 and is 111 years old. Although, the building on the property was most recently renovated and altered in 1970. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 1216 South Victoria Avenue has 1,972 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 500 ft and the linear feet between the front and back of the lot is 1,710. In total, the area measurement of the land is 8,593 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of roll composition. Water for the property is sourced from a municipal system. There is one available parking space. 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 A. The condition of the building has been evaluated as good. As for heating, the home is utilizing floor/wall 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, 1216 South Victoria Avenue was last sold in Jul 21, 2014 for $1,075,000. According to our calculations, that's $545.13 per sqft. Current property owners are expected to pay $15,940 in taxes per year. The property on 1216 South Victoria Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,241,811. To break that down further, the land itself was valued at $993,453. While improvements to the property were assessed at a total of $248,358. 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: 1913
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: A
  • 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: 8,593
  • Lot Size Depth Feet: 1,710
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,972
  • Building Area: 1,972
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,972
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: OXFORD SQUARE
  • Land Acres: 0.197
  • Standard Land Use Code: Single family residential
  • Legal Description 1: OXFORD SQUARE LOT/SEC 23

Ownership

  • Current Owner : PARK SANG J
  • Current Owner 2: WON SOOK YUN
  • Previous Owner : EMB ENTERTAINMENT
  • Owner Before Previous Owner: CHANG SHO YOUNG
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 212800

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 43-C3
  • Parcel: 5082-024-011
  • Lot: 23
  • Municipality: WEST /COUNTRY CLB PK.
  • Latitude: 34.0496
  • Longitude: -118.327

    Address

  • Full Address: 1216 S Victoria Ave
  • Address - House Number: 1216
  • Street Direction: S
  • Address - Street Name: Victoria
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C012
  • 4-Digit Zip Code: 3155
  • Zip Code: 90019

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,940
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2255
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 1,764,531
  • High Value: 2,162,447
  • Low Value: 1,366,615

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $746,000
  • First Open Lien Mortgage Lender: PRESTIGE ASSETS & HOLDINGS INC
  • First Open Lien Mortgage Recording Date: Mar 01, 2022
  • First Open Lien Mortgage Loan Amount: $746,000
  • 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: Mar 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,241,811
  • Assessed Land Value: $993,453
  • Assessed Improvements Value: $248,358

    Sales

  • Current Sale Contract Date: Jul 21, 2014
  • Current Sale Recording Date: Aug 15, 2014
  • Current Sale Transaction ID: 1034531370
  • Current Sale Price: $1,075,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 14-0860070
  • Previous Sale Recording Date: Feb 20, 2014
  • Previous Sale Contract Date: Feb 12, 2014
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: NEW AMERICAN FUNDING
  • First Mortgage Transaction Date: Aug 15, 2014
  • First Mortgage Loan Amount: $860,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Sep 01, 2044

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 1216 South Victoria Avenue located in?
The 1216 South Victoria Avenue is a located in the neighborhood of Olympic Park in Central LA, Los Angeles.
What is the average sales price for listings in 1216 South Victoria Avenue?
The average sales price for units in 1216 South Victoria Avenue is $0 currently.

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