Check Availability

1314 North Avenue 55

1314 North Avenue 55, Los Angeles, CA 90042
Property in Highland Park
Sold Jul 18, 1995
Transfer
$275,000 by Aegis Wholesale Corp
Mortgage Due Jun 01, 2036
Sold Jun 16, 1994
$58,500
$48,099 by Jose E Salas
Mortgage
Local assessors in Los Angeles, CA have categorized 1314 North Avenue 55 as a residential type of property. The home was built in 1922 and is 102 years old. It was most recently renovated and altered in 1928. The property's lot size has been calculated to be 6,300 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 420 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 4 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 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1314 North Avenue 55 has a total of 1,070 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. The building has a gable style roof that was made of composition shingle. The home's floor/wall heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Prior to that sales transaction, the property was sold for $58,500 in Jun 13, 1994. Current property owners are expected to pay $3,878 in taxes per year. The property on 1314 North Avenue 55 was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $324,903. To break that down further, the land itself was valued at $222,029. While improvements to the property were assessed at a total of $102,874. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1922
  • Effective Year Built: 1928
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,300
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 420
  • Total Building Area: 1,070
  • Building Area: 1,070
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,070
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LEWIS
  • Land Acres: 0.145
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LEWIS TRACT # 2 LOT/SEC 9 BLK/DIV/TWN 6

Ownership

  • Current Owner : GARCIA ALFREDO
  • Current Owner 2: GARCIA HERMELINDA
  • Previous Owner : VERDUZCO ENRIQUETA C
  • Owner Before Previous Owner: SALAS JOSE E
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 183300

Zoning

  • Zoning: LARD2

Geography

  • Assessors Map Reference: 36-B1
  • Subdivision Tract Number: 2
  • Parcel: 5478-025-020
  • Block: 6
  • Lot: 9
  • Municipality: EAST /LA HIGHLAND PK
  • Latitude: 34.1202
  • Longitude: -118.198

    Address

  • Full Address: 1314 N Avenue 55
  • Address - House Number: 1314
  • Street Direction: N
  • Address - Street Name: Avenue 55
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C003
  • 4-Digit Zip Code: 1802
  • Zip Code: 90042

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,878
  • Tax Rate Code Area: 00-004

    Appraisal Valuation

  • Standard Deviation: 0.2172
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 70
  • Final Value: 1,033,952
  • High Value: 1,258,535
  • Low Value: 809,369

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $275,000
  • First Open Lien Mortgage Lender: AEGIS WHOLESALE CORP
  • First Open Lien Mortgage Recording Date: May 25, 2006
  • First Open Lien Mortgage Loan Amount: $275,000
  • 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: Jun 01, 2036

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $324,903
  • Assessed Land Value: $222,029
  • Assessed Improvements Value: $102,874

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 28, 1995
  • Current Sale Recording Date: Jul 18, 1995
  • Current Sale Transaction ID: 1033167553
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 95-1156865
  • Previous Sale Recording Date: Jun 16, 1994
  • Previous Sale Contract Date: Jun 13, 1994
  • Previous Sale Amount: $58,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: ACCUBANC MTG CORP
  • First Mortgage Transaction Date: Jul 18, 1995
  • First Mortgage Loan Amount: $144,650
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2025

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: JOSE E SALAS
  • Previous Mortgage Transaction Date: Jun 16, 1994
  • Previous Mortgage Loan Amount: $48,099
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Seller take-back

About East LA



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 6114 Meridian St, Los Angeles, CA, 90042

$2,750 /mo

  • Studio
  • 1 Bath
  • 535 ft²
6114 Meridian St, Los Angeles, CA, 90042 Listing by Taryn Keyser
Unit for rent at 508 N Avenue 66, Los Angeles, CA, 90042

$2,888 /mo

  • 1 Bed
  • 1 Bath
  • 650 ft²
508 N Avenue 66, Los Angeles, CA, 90042 Listing by Gia Casty

Frequently Asked Questions

What neighborhood is 1314 North Avenue 55 located in?
The 1314 North Avenue 55 is a located in the neighborhood of Highland Park in East LA, Los Angeles.
What is the average sales price for listings in 1314 North Avenue 55?
The average sales price for units in 1314 North Avenue 55 is $0 currently.

Quantcast