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1237 South Highland Avenue

1237 South Highland Avenue, Los Angeles, CA 90019
Multifamily in Olympic Park
Local assessors in Los Angeles, CA have categorized 1237 South Highland Avenue as a residential type of property. The home was built in 1923 and is 101 years old. It was most recently renovated and altered in 1939. The property's lot size has been calculated to be 6,000 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. 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, 5 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 are 5 full bathrooms. There are also 5 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 1237 South Highland Avenue has a total of 2,854 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. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a central 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. The property was last sold in May 22, 2018 for $1,880,000. That's $658.72 per sqft. Prior to that sales transaction, the property was also sold in Jul 27, 2017 for $935,000. 1237 South Highland Avenue was last assessed in 2023. The total value of the property was assessed at $2,056,050. Specifically, the land the property is located on was valued at $1,268,080. While improvements on the property were assessed at a total of $787,970. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $23,966. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Driveway

Driveway

Parking

On-Street Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20201231
12/31/2020
Studio
-
-
$2,250,000
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1939
  • Building Count: 2
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Duplex
  • Exterior Walls Type: Stucco
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Total Building Area: 2,854
  • Building Area: 2,854
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 2,854
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 5069
  • Land Acres: 0.138
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: TRACT NO 5069 LOT/SEC 42

Ownership

  • Current Owner : YOUN JIN WOONG
  • Current Owner 2: PARK SUN YOUNG
  • Previous Owner : LOUGHREY MICHAEL
  • Owner Before Previous Owner: STERN MICHAEL J

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 217200

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 43-B3
  • Subdivision Tract Number: 5069
  • Parcel: 5084-027-009
  • Lot: 42
  • Municipality: WEST /MID-CITY
  • Latitude: 34.0521
  • Longitude: -118.342

    Address

  • Full Address: 1237 S Highland Ave
  • Address - House Number: 1237
  • Street Direction: S
  • Address - Street Name: Highland
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C045
  • 4-Digit Zip Code: 1734
  • Zip Code: 90019

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $23,966
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.0676
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 96
  • Final Value: 2,163,855
  • High Value: 2,310,192
  • Low Value: 2,017,519

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,260,000
  • First Open Lien Mortgage Lender: NEW WAVE LENDING GROUP INC
  • First Open Lien Mortgage Recording Date: Aug 17, 2021
  • First Open Lien Mortgage Loan Amount: $1,260,000
  • 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: Sep 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,056,050
  • Assessed Land Value: $1,268,080
  • Assessed Improvements Value: $787,970

    Sales

  • Current Sale Contract Date: May 22, 2018
  • Current Sale Recording Date: Jun 29, 2018
  • Current Sale Transaction ID: 11479382985
  • Current Sale Price: $1,880,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 18-0654934
  • Previous Sale Recording Date: Aug 09, 2017
  • Previous Sale Contract Date: Jul 27, 2017
  • Previous Sale Amount: $935,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF THE WEST
  • First Mortgage Transaction Date: Jun 29, 2018
  • First Mortgage Loan Amount: $316,000
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: LENDINGHOME FUNDING CORP
  • Previous Mortgage Transaction Date: Aug 09, 2017
  • Previous Mortgage Loan Amount: $1,044,750

About Central LA



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Nearby Rentals

Unit for rent at 801 S. Gramercy Drive, Los Angeles, CA, 90005

$1,495 /mo

  • Studio
  • 1 Bath
  • 430 ft²
801 S. Gramercy Drive #801 S. Gramercy Drive - 205, Los Angeles, CA, 90005 Listing by Manager

Frequently Asked Questions

What neighborhood is 1237 South Highland Avenue located in?
The 1237 South Highland Avenue is a multifamily located in the neighborhood of Olympic Park in Central LA, Los Angeles.
What is the average sales price for listings in 1237 South Highland Avenue?
The average sales price for units in 1237 South Highland Avenue is $0 currently.

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