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1265 Leighton Avenue

1265 Leighton Avenue, Los Angeles, CA 90037
Sold Jul 22, 2021
$2,275,000
$1,581,750 by Resmac Inc
Mortgage Due Aug 01, 2051
Sold Jan 10, 2020
$830,000
Local assessors in Los Angeles, CA have categorized 1265 Leighton Avenue as a residential type of property. The home was built in 2020 and is 4 years old. The property's lot size has been calculated to be 6,750 square feet. The linear feet between the front and back of the lot was measured at 1,350 ft and the front of the lot was measured at 500 ft. 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, 10 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 10 full bathrooms. There are also 10 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1265 Leighton Avenue has a total of 4,412 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. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 a refrigeration air conditioning system for their cooling system. The home's floor/wall heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1265 Leighton Avenue sold most recently in Mar 25, 2021 for a total of $2,275,000. If you work out the math, that's approximately a cost of $515.64 per sqft. Before that, the property was also sold for $830,000 in Jul 22, 2019. 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 $27,114 in taxes each year. 1265 Leighton Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,320,500. If we break it down further, the land itself was valued at $1,224,000. Improvements to the property, however, were assessed at a total of $1,096,500. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 2020
  • Building Count: 2
  • Bedroom Count: 10
  • Bathroom Count: 10
  • Full Bathrooms: 10
  • Partial Bathrooms: 10
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Quadplex
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,750
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 500
  • Total Building Area: 4,412
  • Building Area: 4,412
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Refrigeration air conditioning
  • Heating: Floor/wall
  • Heated Square Feet: 4,412
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WEST PARK TR
  • Land Acres: 0.155
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • Legal Description 1: WEST PARK TRACT LOT/SEC 31 BLK/DIV/TWN A

Ownership

  • Current Owner : WANG YONG QING
  • Previous Owner : SC WEST LLC
  • Owner Before Previous Owner: AQUINO GREGORIO
  • Owner Before Previous Owner 2: QUEVEDO GREGORIO AQUINO

Neighborhood

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

Zoning

  • Zoning: LARD1.5

Geography

  • Assessors Map Reference: 51-E1
  • Parcel: 5037-005-019
  • Block: A
  • Lot: 31
  • Municipality: WEST /ADAMS/JEFF PARK
  • Latitude: 34.0135
  • Longitude: -118.299

    Address

  • Full Address: 1265 Leighton Ave
  • Address - House Number: 1265
  • Address - Street Name: Leighton
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C012
  • 4-Digit Zip Code: 1615
  • Zip Code: 90037

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $27,114
  • Tax Rate Code Area: 00-210

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,408,620
  • High Value: 1,723,303
  • Low Value: 1,093,937

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,581,750
  • First Open Lien Mortgage Lender: RESMAC INC
  • First Open Lien Mortgage Recording Date: Jul 22, 2021
  • First Open Lien Mortgage Loan Amount: $1,581,750
  • 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: $2,320,500
  • Assessed Land Value: $1,224,000
  • Assessed Improvements Value: $1,096,500

    Sales

  • Current Sale Contract Date: Mar 25, 2021
  • Current Sale Recording Date: Jul 22, 2021
  • Current Sale Transaction ID: 11843571259
  • Current Sale Price: $2,275,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1128875
  • Previous Sale Recording Date: Jan 10, 2020
  • Previous Sale Contract Date: Jul 22, 2019
  • Previous Sale Amount: $830,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: RESMAC INC
  • First Mortgage Transaction Date: Jul 22, 2021
  • First Mortgage Loan Amount: $1,581,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

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Frequently Asked Questions

What neighborhood is 1265 Leighton Avenue located in?
The 1265 Leighton Avenue is a house located in the neighborhood of Congress North in South LA, Los Angeles.
What is the average sales price for listings in 1265 Leighton Avenue?
The average sales price for units in 1265 Leighton Avenue is $0 currently.

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