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126 East 89th Street

126 East 89th Street, Los Angeles, CA 90003
Multifamily in Congress Southeast
Sold Mar 31, 2006
$650,000
$520,000 by Taylor Bean & Whitaker Mortgag
Mortgage Due Apr 01, 2036
Sold Aug 19, 2005
$550,000
$440,000 by Golden Empire Mortgage Inc
Mortgage Due Sep 01, 2035
Local assessors in Los Angeles, CA have categorized 126 East 89th Street as a residential type of property. The home was built in 1964 and is 60 years old. The property's lot size has been calculated to be 5,386 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a quadplex 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, 8 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 4 full bathrooms. There are also 4 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 126 East 89th Street has a total of 3,204 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. 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 - C. Residents rely on air conditioning for their cooling 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, 126 East 89th Street was last sold in Jan 16, 2006 for $650,000. According to our calculations, that's $202.87 per sqft. Prior to that sales transaction, the property was sold for $550,000 in Aug 10, 2005. Current property owners are expected to pay $9,166 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2018. The property on 126 East 89th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $756,845. To break that down further, the land itself was valued at $370,013. While improvements to the property were assessed at a total of $386,832. 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: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Bedroom Count: 8
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Quadplex
  • Living Units: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,386
  • Total Building Area: 3,204
  • Gross Building Area: 3,204
  • Building Area: 3,204
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 3,204
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 4576
  • Land Acres: 0.124
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • Legal Description 1: TRACT # 4576 LOT/SEC 14

Ownership

  • Current Owner : COBAR RENE G
  • Previous Owner : MEZA GILDARDO
  • Owner Before Previous Owner: VIRAMONTES IGNACIO

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 240200

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 58-B2
  • Subdivision Tract Number: 4576
  • Parcel: 6041-006-012
  • Lot: 14
  • Municipality: SOUTH /WATTS R.I.
  • Latitude: 33.9553
  • Longitude: -118.273

    Address

  • Full Address: 126 E 89th St
  • Address - House Number: 126
  • Street Direction: E
  • Address - Street Name: 89th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C034
  • 4-Digit Zip Code: 3760
  • Zip Code: 90003

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,166
  • Intital Tax Deliquent Year: 2018
  • Tax Rate Code Area: 00-007

    Appraisal Valuation

  • Standard Deviation: 0.2314
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 67
  • Final Value: 975,298
  • High Value: 1,201,058
  • Low Value: 749,537

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $520,000
  • First Open Lien Mortgage Lender: TAYLOR BEAN & WHITAKER MORTGAG
  • First Open Lien Mortgage Recording Date: Mar 31, 2006
  • First Open Lien Mortgage Loan Amount: $520,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2036

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $756,845
  • Assessed Land Value: $370,013
  • Assessed Improvements Value: $386,832

    Sales

  • Current Sale Contract Date: Jan 16, 2006
  • Current Sale Recording Date: Mar 31, 2006
  • Current Sale Transaction ID: 1037219886
  • Current Sale Price: $650,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 06-0690549
  • Previous Sale Recording Date: Aug 19, 2005
  • Previous Sale Contract Date: Aug 10, 2005
  • Previous Sale Amount: $550,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: TAYLOR BEAN & WHITAKER MORTGAG
  • First Mortgage Transaction Date: Mar 31, 2006
  • First Mortgage Loan Amount: $520,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Mortgage Loan Due Date: Apr 01, 2036

    Previous Mortgages

  • Previous Mortgage Lender: GOLDEN EMPIRE MORTGAGE INC
  • Previous Mortgage Transaction Date: Aug 19, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $440,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Sep 01, 2035

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Frequently Asked Questions

What neighborhood is 126 East 89th Street located in?
The 126 East 89th Street is a multifamily located in the neighborhood of Congress Southeast in South LA, Los Angeles.
What is the average sales price for listings in 126 East 89th Street?
The average sales price for units in 126 East 89th Street is $0 currently.

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