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1217 South Victoria Avenue

1217 South Victoria Avenue, Los Angeles, CA 90019
Property in Olympic Park
Sold Jun 11, 2015
$922,500
$450,000 by Wells Fargo Bank Na
Mortgage Due Jul 01, 2045
Sold Dec 19, 2013
$750,000
$562,500 by Pmac Lending Services Inc
Mortgage Due Jan 01, 2044
1217 South Victoria Avenue 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 1923 and is 101 years old. The home has a total of 11 rooms. 7 of these rooms are legally considered as bedrooms. Residents will have access to 5 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1217 South Victoria Avenue has 4,076 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,720 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 8,591 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. According to our sources, there is one available parking space. 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 flat style roof made of roll composition. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. 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 Victoria Avenue sold most recently in May 11, 2015 for a total of $922,500. If you work out the math, that's approximately a cost of $226.32 per sqft. Before that, the property was also sold for $750,000 in Oct 15, 2013. 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 $15,592 in taxes each year. 1217 South Victoria Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,313,299. If we break it down further, the land itself was valued at $502,492. Improvements to the property, however, were assessed at a total of $810,807. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1923
  • Effective Year Built: 1923
  • Building Count: 2
  • Total Rooms: 11
  • Bedroom Count: 7
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Flat
  • Roof Cover Type: Roll composition
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,591
  • Lot Size Depth Feet: 1,720
  • Lot Size Frontage Feet: 500
  • Total Building Area: 4,076
  • Building Area: 4,076
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 4,076
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

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 138

Ownership

  • Current Owner : THE JAMES SE UNG KIM & JOON OK KIM REVOC
  • Previous Owner : SHIN RICHARD H
  • Owner Before Previous Owner: CHOI SHIN JA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 43-C3
  • Parcel: 5082-022-010
  • Lot: 138
  • Municipality: WEST /COUNTRY CLB PK.
  • Latitude: 34.0498
  • Longitude: -118.327

    Address

  • Full Address: 1217 S Victoria Ave
  • Address - House Number: 1217
  • Street Direction: S
  • Address - Street Name: Victoria
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C012
  • 4-Digit Zip Code: 3156
  • Zip Code: 90019

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,592
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2254
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 1,522,805
  • High Value: 1,866,172
  • Low Value: 1,179,438

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $450,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jun 11, 2015
  • First Open Lien Mortgage Loan Amount: $450,000
  • 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: Jul 01, 2045

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,313,299
  • Assessed Land Value: $502,492
  • Assessed Improvements Value: $810,807

    Sales

  • Current Sale Contract Date: May 11, 2015
  • Current Sale Recording Date: Jun 11, 2015
  • Current Sale Transaction ID: 1225912646
  • Current Sale Price: $922,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 15-0690585
  • Previous Sale Recording Date: Dec 19, 2013
  • Previous Sale Contract Date: Oct 15, 2013
  • Previous Sale Amount: $750,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jun 11, 2015
  • First Mortgage Loan Amount: $450,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2045

    Previous Mortgages

  • Previous Mortgage Lender: PMAC LENDING SERVICES INC
  • Previous Mortgage Transaction Date: Dec 19, 2013
  • Previous Mortgage Loan Amount: $562,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2044

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Frequently Asked Questions

What neighborhood is 1217 South Victoria Avenue located in?
The 1217 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 1217 South Victoria Avenue?
The average sales price for units in 1217 South Victoria Avenue is $0 currently.

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