1243 North Commonwealth Avenue

1243 North Commonwealth Avenue in Los Angeles, CA was first built in 1910 and is 114 years old. Although, the building on the property was most recently renovated and altered in 1915. This has been categorized as a residential property type. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1243 North Commonwealth Avenue has 1,080 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 6,256 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, 1243 North Commonwealth Avenue was last sold in Dec 27, 2021 for $1,145,000. According to our calculations, that's $1,060.19 per sqft. Current property owners are expected to pay $8,582 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 1243 North Commonwealth Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,167,900. To break that down further, the land itself was valued at $934,320. While improvements to the property were assessed at a total of $233,580. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.