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1243 Wilcox Avenue

1243 Wilcox Avenue, Los Angeles, CA 90038
Sold May 28, 2021
$1,000,000
$800,000 by Bank Of America Na
Mortgage Due Jun 01, 2051
Sold Jun 30, 2010
$707,500
$601,023 by Bank Of America Na
Mortgage Due Jul 01, 2040
1243 Wilcox Avenue in Los Angeles, CA was first built in 2009 and is 15 years old. 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 are a total of 3 full bathrooms. There are 3 partial bathrooms. 1243 Wilcox Avenue has 1,736 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 1,048 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 D. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central 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 Wilcox Avenue was last sold in May 12, 2021 for $1,000,000. According to our calculations, that's $576.04 per sqft. Prior to that sales transaction, the property was sold for $707,500 in Jan 15, 2010. Current property owners are expected to pay $12,107 in taxes per year. The property on 1243 Wilcox Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,040,399. To break that down further, the land itself was valued at $586,785. While improvements to the property were assessed at a total of $453,614. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: D
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,048
  • Total Building Area: 1,736
  • Building Area: 1,736
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,736
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 66782
  • Land Acres: 0.024
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TR=66782 LOT 17

Ownership

  • Current Owner : KEILES JOSHUA WILLIAM
  • Previous Owner : ELIZABETH SIERRA
  • Owner Before Previous Owner: MH WILCOX LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 190802

Zoning

  • Zoning: LAR3

Geography

  • Subdivision Tract Number: 66782
  • Parcel: 5533-002-048
  • Lot: 17
  • Municipality: WEST /HOLLYWD ADJCNT
  • Latitude: 34.0938
  • Longitude: -118.331

    Address

  • Full Address: 1243 Wilcox Ave
  • Address - House Number: 1243
  • Address - Street Name: Wilcox
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C014
  • 4-Digit Zip Code: 1435
  • Zip Code: 90038

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,107
  • Tax Rate Code Area: 00-200

    Appraisal Valuation

  • Standard Deviation: 0.221
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,228,221
  • High Value: 1,499,700
  • Low Value: 956,742

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $800,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: May 28, 2021
  • First Open Lien Mortgage Loan Amount: $800,000
  • 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: Jun 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,040,399
  • Assessed Land Value: $586,785
  • Assessed Improvements Value: $453,614

    Sales

  • Current Sale Contract Date: May 12, 2021
  • Current Sale Recording Date: May 28, 2021
  • Current Sale Transaction ID: 11836563500
  • Current Sale Price: $1,000,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-0861102
  • Previous Sale Recording Date: Jun 30, 2010
  • Previous Sale Contract Date: Jan 15, 2010
  • Previous Sale Amount: $707,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: May 28, 2021
  • First Mortgage Loan Amount: $800,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Jun 30, 2010
  • Previous Mortgage Loan Amount: $601,023
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2040

About Central LA



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Frequently Asked Questions

What neighborhood is 1243 Wilcox Avenue located in?
The 1243 Wilcox Avenue is a located in the neighborhood of Central Hollywood in Central LA, Los Angeles.
What is the average sales price for listings in 1243 Wilcox Avenue?
The average sales price for units in 1243 Wilcox Avenue is $0 currently.

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