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122 North Breed Street

122 North Breed Street, Los Angeles, CA 90033
Property in Boyle Heights
1 Units For Sale
Unit for sale at 122 N Breed Street, Los Angeles, CA 90033

$2,262,000

  • Studio
  • 7,228 ft²
122 N Breed Street, Los Angeles, CA 90033 Listing by Amparo Gastelum

122 North Breed 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 1959 and is 65 years old. The home has a total of 12 bedrooms. Residents will have access to 8 full bathrooms. There are 8 partial bathrooms in the home. In addition, 122 North Breed Street has 7,228 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 8,309 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 inside of the home is being cooled with air conditioning at the moment. 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, 122 North Breed Street sold most recently in May 24, 2023 for a total of $3,195,000. If you work out the math, that's approximately a cost of $442.03 per sqft. 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 $2,850 in taxes each year. 122 North Breed Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,530,000. If we break it down further, the land itself was valued at $714,000. Improvements to the property, however, were assessed at a total of $816,000. The property's total assessed value has been marked as more than the total market value 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.

Building Features

Condition

New Construction
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 2
  • Bedroom Count: 12
  • Bathroom Count: 8
  • Full Bathrooms: 8
  • Partial Bathrooms: 8
  • Building Quality: B
  • Construction Type: Wood
  • Living Units: 8
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,309
  • Total Building Area: 7,228
  • Gross Building Area: 7,228
  • Building Area: 7,228
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 7,228
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: L N BREEDS
  • Land Acres: 0.191
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Personal property general
  • Legal Description 1: L N BREEDS SUB OF EASTERLY PORTION OF LOT 1 BLK 60 H S LOT/SEC 11

Ownership

  • Current Owner : LEE WHITMORE PROPERTIES 7 LLC
  • Previous Owner : REYES GUERRERO SURVIVORS TRUST
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 204420

Zoning

  • Zoning: LAR4

Geography

  • Assessors Map Reference: 45-A4
  • Parcel: 5183-005-013
  • Block: 60
  • Lot: 1
  • Municipality: EAST /BOYLE HEIGHTS
  • Latitude: 34.0448
  • Longitude: -118.21

    Address

  • Full Address: 122 N Breed St
  • Address - House Number: 122
  • Street Direction: N
  • Address - Street Name: Breed
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C031
  • 4-Digit Zip Code: 2955
  • Zip Code: 90033

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,850
  • Tax Rate Code Area: 00-004

    Appraisal Valuation

  • Standard Deviation: 0.221
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 55
  • Final Value: 1,491,400
  • High Value: 1,821,063
  • Low Value: 1,161,736

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,575,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Aug 02, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,575,000
  • 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: $1,530,000
  • Assessed Land Value: $714,000
  • Assessed Improvements Value: $816,000

    Sales

  • Current Sale Contract Date: May 24, 2023
  • Current Sale Recording Date: Aug 02, 2023
  • Current Sale Transaction ID: 11910332595
  • Current Sale Price: $3,195,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 510176

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Aug 02, 2023
  • First Mortgage Loan Amount: $1,575,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About East LA



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Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath
Unit for rent at

$2,900 /mo

  • 1 Bed
  • 1 Bath
  • 752 ft²
Listing by Enrique Simonelli

Frequently Asked Questions

What neighborhood is 122 North Breed Street located in?
The 122 North Breed Street is a located in the neighborhood of Boyle Heights in East LA, Los Angeles.
How many listings are currently for sale in 122 North Breed Street?
There is one unit for sale right now.
What is the average sales price for listings in 122 North Breed Street?
The average sales price for units in 122 North Breed Street is $2,262,000 , or $313/sqft. currently.

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