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1253 West 38th Street

1253 West 38th Street, Los Angeles, CA 90037
Property in Congress North
Sold Oct 17, 1997
$110,000
$380,000 by Ony Glo Inc
Mortgage Due Aug 01, 2051
1253 West 38th Street has been categorized by the local assessors in Los Angeles, CA as a residential type of property. The building on the property was first built in 1924 and is 100 years old. The home has a total of 3 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. In addition, 1253 West 38th Street has 1,662 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 5,240 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing floor/wall heating system. 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, 1253 West 38th Street sold most recently in Jun 23, 1997 for a total of $110,000. If you work out the math, that's approximately a cost of $66.19 per sqft. 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 $9,542 in taxes each year. 1253 West 38th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $805,800. If we break it down further, the land itself was valued at $540,600. Improvements to the property, however, were assessed at a total of $265,200. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1924
  • Effective Year Built: 1924
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,240
  • Total Building Area: 1,662
  • Building Area: 1,662
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Floor/wall
  • Heated Square Feet: 1,662
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NORMANDIE AVENUE TRACT
  • Land Acres: 0.12
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: NORMANDIE AVENUE TRACT LOT/SEC 13

Ownership

  • Current Owner : MORALES JOSE
  • Current Owner 2: MORALES LAURA
  • Previous Owner : GUZMAN JOSE R
  • Previous Owner 2: GUZMAN ROSA L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Married Man as his sole & separate property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 231210

Zoning

  • Zoning: LAR4

Geography

  • Assessors Map Reference: 51-E1
  • Parcel: 5037-013-013
  • Lot: 13
  • Municipality: WEST /ADAMS/JEFF PARK
  • Latitude: 34.0176
  • Longitude: -118.299

    Address

  • Full Address: 1253 W 38th St
  • Address - House Number: 1253
  • Street Direction: W
  • Address - Street Name: 38th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C014
  • 4-Digit Zip Code: 1105
  • Zip Code: 90037

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,542
  • Tax Rate Code Area: 00-210

    Appraisal Valuation

  • Standard Deviation: 0.2306
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 874,380
  • High Value: 1,076,055
  • Low Value: 672,705

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $380,000
  • First Open Lien Mortgage Lender: ONY GLO INC
  • First Open Lien Mortgage Recording Date: Jul 30, 2021
  • First Open Lien Mortgage Loan Amount: $380,000
  • 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: Aug 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $805,800
  • Assessed Land Value: $540,600
  • Assessed Improvements Value: $265,200

    Sales

  • Current Sale Contract Date: Jun 23, 1997
  • Current Sale Recording Date: Oct 17, 1997
  • Current Sale Transaction ID: 1039892824
  • Current Sale Price: $110,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 97-1635791

    Last Sale Mortgage

  • First Mortgage Lender: R E MTG GROUP INC
  • First Mortgage Transaction Date: Oct 17, 1997
  • First Mortgage Loan Amount: $109,579
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2027

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Frequently Asked Questions

What neighborhood is 1253 West 38th Street located in?
The 1253 West 38th Street is a located in the neighborhood of Congress North in South LA, Los Angeles.
What is the average sales price for listings in 1253 West 38th Street?
The average sales price for units in 1253 West 38th Street is $0 currently.

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