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1217 South Genesee Avenue

1217 South Genesee Avenue, Los Angeles, CA 90019
Property in Wilshire Vista
Sold May 02, 2012
$1,049,000
$395,000 by Jmj Financial Group
Mortgage Due May 01, 2028
Sold Oct 31, 2007
$1,300,000
$800,000 by Bank Of America Na
Mortgage Due Nov 01, 2037
1217 South Genesee Avenue in Los Angeles, CA was first built in 1927 and is 97 years old. Although, the building on the property was most recently renovated and altered in 1936. This has been categorized as a residential property type. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1217 South Genesee Avenue has 2,490 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 7,294 square feet.

Learn more about the property and building on this page. There are a total of 2 available parking spaces. 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 C. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central 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, 1217 South Genesee Avenue sold most recently in Mar 21, 2012 for a total of $1,049,000. If you work out the math, that's approximately a cost of $421.29 per sqft. Before that, the property was also sold for $1,300,000 in Oct 18, 2007. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $14,207 in taxes each year. 1217 South Genesee Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,215,846. If we break it down further, the land itself was valued at $972,704. Improvements to the property, however, were assessed at a total of $243,142. The property's total assessed value has been marked as more than the total market value which is pretty atypical. 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. 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: 1927
  • Effective Year Built: 1936
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,294
  • Total Building Area: 2,490
  • Building Area: 2,490
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,490
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 4362
  • Land Acres: 0.167
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 4362 LOT/SEC 9 BLK/DIV/TWN F

Ownership

  • Current Owner : REICHWALD ANDREA
  • Current Owner 2: REICHWALD KARL HEINZ
  • Previous Owner : MURCHISON JOHN P
  • Previous Owner 2: MORRISON VANESSA L
  • Owner Before Previous Owner: HARDY DANIEL K
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 216902

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 42-F3
  • Subdivision Tract Number: 4362
  • Parcel: 5086-017-009
  • Block: F
  • Lot: 9
  • Municipality: WEST /PARK LABREA
  • Latitude: 34.054
  • Longitude: -118.362

    Address

  • Full Address: 1217 S Genesee Ave
  • Address - House Number: 1217
  • Street Direction: S
  • Address - Street Name: Genesee
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C025
  • 4-Digit Zip Code: 2407
  • Zip Code: 90019

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,207
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.1921
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 74
  • Final Value: 2,726,701
  • High Value: 3,250,538
  • Low Value: 2,202,865

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $395,000
  • First Open Lien Mortgage Lender: JMJ FINANCIAL GROUP
  • First Open Lien Mortgage Recording Date: May 01, 2013
  • First Open Lien Mortgage Loan Amount: $395,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2028

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,215,846
  • Assessed Land Value: $972,704
  • Assessed Improvements Value: $243,142

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 21, 2012
  • Current Sale Recording Date: May 02, 2012
  • Current Sale Transaction ID: 1032447947
  • Current Sale Price: $1,049,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 12-0648304
  • Previous Sale Recording Date: Oct 31, 2007
  • Previous Sale Contract Date: Oct 18, 2007
  • Previous Sale Amount: $1,300,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: AUGUSTA FINANCIAL INC
  • First Mortgage Transaction Date: May 02, 2012
  • First Mortgage Loan Amount: $417,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2027

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Oct 31, 2007
  • Previous Mortgage Loan Amount: $800,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Nov 01, 2037

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Frequently Asked Questions

What neighborhood is 1217 South Genesee Avenue located in?
The 1217 South Genesee Avenue is a located in the neighborhood of Wilshire Vista in Central LA, Los Angeles.
What is the average sales price for listings in 1217 South Genesee Avenue?
The average sales price for units in 1217 South Genesee Avenue is $0 currently.

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