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1240 East 106th Street

1240 East 106th Street, Los Angeles, CA 90002
Property in Watts
Sold Apr 14, 2017
$365,000
$358,388 by Royal Pacific Funding Corp
Mortgage Due May 01, 2047
Sold Jun 27, 2012
$200,000
$196,278 by Imortgage.com Inc
Mortgage Due Jul 01, 2042
1240 East 106th Street in Los Angeles, CA was first built in 1944 and is 80 years old. This has been categorized as a residential property type. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1240 East 106th Street has 1,030 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 5,303 square feet.

Learn more about the property and building on this page. 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 B. As for heating, the home is utilizing floor/wall heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1240 East 106th Street was last sold in Mar 21, 2017 for $365,000. According to our calculations, that's $354.37 per sqft. Prior to that sales transaction, the property was sold for $200,000 in May 10, 2012. Current property owners are expected to pay $5,131 in taxes per year. The property on 1240 East 106th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $407,158. To break that down further, the land itself was valued at $256,678. While improvements to the property were assessed at a total of $150,480. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1944
  • Effective Year Built: 1944
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: B
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,303
  • Total Building Area: 1,030
  • Building Area: 1,030
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,030
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 11743
  • Land Acres: 0.122
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TR=11743 LOT 88

Ownership

  • Current Owner : GONZALEZ ALBERTO
  • Current Owner 2: GONZALEZ AURORA
  • Previous Owner : HERRERA PEDRO CORTES
  • Owner Before Previous Owner: RADICAL ENTERPRISES
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 242000

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 58-D4
  • Subdivision Tract Number: 11743
  • Parcel: 6065-009-027
  • Lot: 88
  • Municipality: SOUTH /W. WATTS SFR
  • Latitude: 33.9394
  • Longitude: -118.252

    Address

  • Full Address: 1240 E 106th St
  • Address - House Number: 1240
  • Street Direction: E
  • Address - Street Name: 106th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C024
  • 4-Digit Zip Code: 3409
  • Zip Code: 90002

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,131
  • Tax Rate Code Area: 00-509

    Appraisal Valuation

  • Standard Deviation: 0.2347
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 67
  • Final Value: 608,487
  • High Value: 751,330
  • Low Value: 465,644

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $358,388
  • First Open Lien Mortgage Lender: ROYAL PACIFIC FUNDING CORP
  • First Open Lien Mortgage Recording Date: Apr 14, 2017
  • First Open Lien Mortgage Loan Amount: $358,388
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2047

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $407,158
  • Assessed Land Value: $256,678
  • Assessed Improvements Value: $150,480

    Sales

  • Current Sale Contract Date: Mar 21, 2017
  • Current Sale Recording Date: Apr 14, 2017
  • Current Sale Transaction ID: 1807220570
  • Current Sale Price: $365,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 17-0413401
  • Previous Sale Recording Date: Jun 27, 2012
  • Previous Sale Contract Date: May 10, 2012
  • Previous Sale Amount: $200,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROYAL PACIFIC FUNDING CORP
  • First Mortgage Transaction Date: Apr 14, 2017
  • First Mortgage Loan Amount: $358,388
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: IMORTGAGE.COM INC
  • Previous Mortgage Transaction Date: Jun 27, 2012
  • Previous Mortgage Loan Amount: $196,278
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jul 01, 2042

About South LA



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Frequently Asked Questions

What neighborhood is 1240 East 106th Street located in?
The 1240 East 106th Street is a located in the neighborhood of Watts in South LA, Los Angeles.
What is the average sales price for listings in 1240 East 106th Street?
The average sales price for units in 1240 East 106th Street is $0 currently.

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