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127 South Detroit Street

127 South Detroit Street, Los Angeles, CA 90036
Property in Mid-City West
Sold Apr 01, 2021
$2,135,000
$550,000 by New Wave Lending Group Inc
Mortgage Due Apr 01, 2051
Sold Oct 16, 2009
$1,545,000
$750,000 by Merrill Lynch Credit Corp
Mortgage Due Nov 01, 2034
127 South Detroit Street in Los Angeles, CA was first built in 1930 and is 94 years old. Although, the building on the property was most recently renovated and altered in 1945. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 127 South Detroit Street has 3,926 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 6,600 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. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. 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, 127 South Detroit Street was last sold in Mar 22, 2021 for $2,135,000. According to our calculations, that's $543.81 per sqft. Prior to that sales transaction, the property was sold for $1,545,000 in Sep 9, 2009. Current property owners are expected to pay $25,921 in taxes per year. The property on 127 South Detroit Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,221,254. To break that down further, the land itself was valued at $1,544,994. While improvements to the property were assessed at a total of $676,260. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1930
  • Effective Year Built: 1945
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,600
  • Total Building Area: 3,926
  • Gross Building Area: 3,926
  • Building Area: 3,926
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 3,926
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 5207
  • Land Acres: 0.152
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: TRACT # 5207 LOT/SEC 214

Ownership

  • Current Owner : KIM ANDREW J
  • Current Owner 2: KIM NANCY K
  • Previous Owner : JEWAL LLC
  • Owner Before Previous Owner: DIHNO AHARON
  • Owner Before Previous Owner 2: CORTEZ FERNANDO
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 214000

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 34-B6
  • Subdivision Tract Number: 5207
  • Parcel: 5513-020-031
  • Lot: 214
  • Municipality: WEST /PARK LABREA
  • Latitude: 34.0727
  • Longitude: -118.345

    Address

  • Full Address: 127 S Detroit St
  • Address - House Number: 127
  • Street Direction: S
  • Address - Street Name: Detroit
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C006
  • 4-Digit Zip Code: 2913
  • Zip Code: 90036

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $25,921
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2328
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 67
  • Final Value: 2,492,571
  • High Value: 3,073,076
  • Low Value: 1,912,066

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $550,000
  • First Open Lien Mortgage Lender: NEW WAVE LENDING GROUP INC
  • First Open Lien Mortgage Recording Date: Apr 01, 2021
  • First Open Lien Mortgage Loan Amount: $550,000
  • 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: Apr 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,221,254
  • Assessed Land Value: $1,544,994
  • Assessed Improvements Value: $676,260

    Sales

  • Current Sale Contract Date: Mar 22, 2021
  • Current Sale Recording Date: Apr 01, 2021
  • Current Sale Transaction ID: 11827707765
  • Current Sale Price: $2,135,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-0516352
  • Previous Sale Recording Date: Oct 16, 2009
  • Previous Sale Contract Date: Sep 09, 2009
  • Previous Sale Amount: $1,545,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEW WAVE LENDING GROUP INC
  • First Mortgage Transaction Date: Apr 01, 2021
  • First Mortgage Loan Amount: $550,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: MERRILL LYNCH CREDIT CORP
  • Previous Mortgage Transaction Date: Oct 16, 2009
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $750,000
  • Previous Mortgage Term: 300
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2034

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Frequently Asked Questions

What neighborhood is 127 South Detroit Street located in?
The 127 South Detroit Street is a located in the neighborhood of Mid-City West in Central LA, Los Angeles.
What is the average sales price for listings in 127 South Detroit Street?
The average sales price for units in 127 South Detroit Street is $0 currently.

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