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1229 South Bonnie Brae Street

1229 South Bonnie Brae Street, Los Angeles, CA 90006
Property in Pico Union
Sold Dec 02, 2005
$650,000
Buyer
Seller
$512,000 by Nbgi Inc
Mortgage Due Dec 01, 2035
Sold Dec 01, 2003
$410,000
Buyer
Seller
$328,000 by Wmc Mortgage Corp
Mortgage Due Dec 01, 2033
Local assessors in Los Angeles, CA have categorized 1229 South Bonnie Brae Street as a residential type of property. The home was built in 1900 and is 124 years old. It was most recently renovated and altered in 1925. The property's lot size has been calculated to be 6,715 square feet. The linear feet between the front and back of the lot was measured at 1,120 ft and the front of the lot was measured at 600 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1229 South Bonnie Brae Street has a total of 2,119 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. There is only one available parking space, so if you need more, you may need to find some alternatives. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The home's floor/wall heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1229 South Bonnie Brae Street sold most recently in Sep 28, 2005 for a total of $650,000. If you work out the math, that's approximately a cost of $306.75 per sqft. Before that, the property was also sold for $410,000 in Nov 25, 2003. 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 $10,114 in taxes each year. 1229 South Bonnie Brae Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $853,774. If we break it down further, the land itself was valued at $683,023. Improvements to the property, however, were assessed at a total of $170,751. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1900
  • Effective Year Built: 1925
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: B
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,715
  • Lot Size Depth Feet: 1,120
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,119
  • Building Area: 2,119
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 2,119
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BONNIE BRAE PLACE
  • Land Acres: 0.154
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BONNIE BRAE PLACE LOT/SEC 11

Ownership

  • Current Owner : KIM MIN SOO
  • Previous Owner : KIM EN YUNG
  • Owner Before Previous Owner: PARK OH SOON
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 209820

Zoning

  • Zoning: LARD1.5

Geography

  • Assessors Map Reference: 44-A3
  • Parcel: 5136-022-020
  • Lot: 11
  • Municipality: WEST /WESTLAKE
  • Latitude: 34.0471
  • Longitude: -118.28

    Address

  • Full Address: 1229 S Bonnie Brae St
  • Address - House Number: 1229
  • Street Direction: S
  • Address - Street Name: Bonnie Brae
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C022
  • 4-Digit Zip Code: 4111
  • Zip Code: 90006

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,114
  • Tax Rate Code Area: 00-036

    Appraisal Valuation

  • Standard Deviation: 0.2204
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 970,543
  • High Value: 1,184,455
  • Low Value: 756,630

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $512,000
  • First Open Lien Mortgage Lender: NBGI INC
  • First Open Lien Mortgage Recording Date: Dec 02, 2005
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $512,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2035

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $853,774
  • Assessed Land Value: $683,023
  • Assessed Improvements Value: $170,751

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 28, 2005
  • Current Sale Recording Date: Dec 02, 2005
  • Current Sale Transaction ID: 1030771279
  • Current Sale Price: $650,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 05-2942709
  • Previous Sale Recording Date: Dec 01, 2003
  • Previous Sale Contract Date: Nov 25, 2003
  • Previous Sale Amount: $410,000
  • Previous Sale Document Type: Individual Deed

    Last Sale Mortgage

  • First Mortgage Lender: NBGI INC
  • First Mortgage Transaction Date: Dec 02, 2005
  • First Mortgage Loan Amount: $512,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Dec 01, 2035

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WMC MORTGAGE CORP
  • Previous Mortgage Transaction Date: Dec 01, 2003
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $328,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Dec 01, 2033

About Central LA



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Frequently Asked Questions

What neighborhood is 1229 South Bonnie Brae Street located in?
The 1229 South Bonnie Brae Street is a located in the neighborhood of Pico Union in Central LA, Los Angeles.
What is the average sales price for listings in 1229 South Bonnie Brae Street?
The average sales price for units in 1229 South Bonnie Brae Street is $0 currently.

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