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1300 West 53rd Street

1300 West 53rd Street, Los Angeles, CA 90037
Property in Voices of 90037
Sold Aug 16, 2013
$268,000
$258,000 by Motive Lending
Mortgage Due Aug 01, 2045
Local assessors in Los Angeles, CA have categorized 1300 West 53rd Street as a residential type of property. The home was built in 1910 and is 114 years old. The property's lot size has been calculated to be 5,184 square feet. 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, 2 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 is one full bathroom. There is also a partial bathroom. If we look only at the heated or air conditioned part of the building, then 1300 West 53rd Street has a total of 1,794 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. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 - B. The home's floor/wall heating system is the primary heating source. 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, 1300 West 53rd Street sold most recently in Jul 22, 2013 for a total of $268,000. If you work out the math, that's approximately a cost of $149.39 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 $3,809 in taxes each year. 1300 West 53rd Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $315,764. If we break it down further, the land itself was valued at $252,615. Improvements to the property, however, were assessed at a total of $63,149. 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: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,184
  • Total Building Area: 1,794
  • Gross Building Area: 2,082
  • Building Area: 1,794
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,794
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VERMONT AVENUE VILLA TRACT
  • Land Acres: 0.119
  • Standard Land Use Code: Single family residential
  • Legal Description 1: VERMONT AVE VILLA TRACT LOT/SEC 183

Ownership

  • Current Owner : VELASCO IWALTER
  • Previous Owner : RODRIGUEZ MARTHA N
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 232602

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 51-F3
  • Parcel: 5002-005-020
  • Lot: 183
  • Municipality: WEST /SO. WEST L.A.
  • Latitude: 33.9939
  • Longitude: -118.298

    Address

  • Full Address: 1300 W 53rd St
  • Address - House Number: 1300
  • Street Direction: W
  • Address - Street Name: 53rd
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C025
  • 4-Digit Zip Code: 3437
  • Zip Code: 90037

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,809
  • Tax Rate Code Area: 00-212

    Appraisal Valuation

  • Standard Deviation: 0.2318
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 67
  • Final Value: 704,024
  • High Value: 867,225
  • Low Value: 540,823

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $258,000
  • First Open Lien Mortgage Lender: MOTIVE LENDING
  • First Open Lien Mortgage Recording Date: Aug 05, 2015
  • First Open Lien Mortgage Loan Amount: $258,000
  • 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, 2045

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $315,764
  • Assessed Land Value: $252,615
  • Assessed Improvements Value: $63,149

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 22, 2013
  • Current Sale Recording Date: Aug 16, 2013
  • Current Sale Transaction ID: 1034144521
  • Current Sale Price: $268,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 13-1209374

    Last Sale Mortgage

  • First Mortgage Lender: PACIFICBANC MORTGAGE
  • First Mortgage Transaction Date: Aug 16, 2013
  • First Mortgage Loan Amount: $259,055
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2043

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Frequently Asked Questions

What neighborhood is 1300 West 53rd Street located in?
The 1300 West 53rd Street is a located in the neighborhood of Voices of 90037 in South LA, Los Angeles.
What is the average sales price for listings in 1300 West 53rd Street?
The average sales price for units in 1300 West 53rd Street is $0 currently.

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