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1316 West L Street

1316 West L Street, Wilmington, CA 90744
Property in Wilmington
Sold Mar 25, 2021
$540,000
$530,219 by Royal Pacific Funding Corp
Mortgage Due Apr 01, 2051
1316 West L Street in Wilmington, CA was first built in 1954 and is 70 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 6 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1316 West L Street has 1,054 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. The linear feet across the front of the lot is 400 ft and the linear feet between the front and back of the lot is 1,430. In total, the area measurement of the land is 5,719 square feet.

Learn more about the property and building on this page. The home has a hip style roof made of composition shingle. Water for the property is sourced from a municipal system. There is one available parking space. 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. The condition of the building has been evaluated as average. The exterior walls of the home are made of stucco. As for heating, the home is utilizing floor/wall heating 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, 1316 West L Street was last sold in Feb 1, 2021 for $540,000. According to our calculations, that's $512.33 per sqft. Current property owners are expected to pay $6,665 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2020. The property on 1316 West L Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $561,815. To break that down further, the land itself was valued at $449,452. While improvements to the property were assessed at a total of $112,363. 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: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,719
  • Lot Size Depth Feet: 1,430
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,054
  • Building Area: 1,054
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,054
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 6038
  • Land Acres: 0.131
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 6038 LOT/SEC 21

Ownership

  • Current Owner : ROSAS JAIME
  • Current Owner 2: ALVAREZ GUADALUPE
  • Previous Owner : MARTINEZ EVELYN
  • Previous Owner 2: ESTATE OF JOVITA MARTINEZ
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 294302

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 74-A3
  • Subdivision Tract Number: 6038
  • Parcel: 7415-019-020
  • Lot: 21
  • Municipality: SOUTH /WILMINGTON
  • Latitude: 33.7858
  • Longitude: -118.28

    Address

  • Full Address: 1316 W L St
  • Address - House Number: 1316
  • Street Direction: W
  • Address - Street Name: L
  • Address - Suffix Type: St
  • State: CA
  • City Name: Wilmington
  • Carrier Code: C012
  • 4-Digit Zip Code: 3232
  • Zip Code: 90744

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,665
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 00-400

    Appraisal Valuation

  • Standard Deviation: 0.2276
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 672,188
  • High Value: 825,237
  • Low Value: 519,138

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $530,219
  • First Open Lien Mortgage Lender: ROYAL PACIFIC FUNDING CORP
  • First Open Lien Mortgage Recording Date: Mar 25, 2021
  • First Open Lien Mortgage Loan Amount: $530,219
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $561,815
  • Assessed Land Value: $449,452
  • Assessed Improvements Value: $112,363

    Sales

  • Current Sale Contract Date: Feb 01, 2021
  • Current Sale Recording Date: Mar 25, 2021
  • Current Sale Transaction ID: 11826183304
  • Current Sale Price: $540,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-0476106

    Last Sale Mortgage

  • First Mortgage Lender: ROYAL PACIFIC FUNDING CORP
  • First Mortgage Transaction Date: Mar 25, 2021
  • First Mortgage Loan Amount: $530,219
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2051

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Frequently Asked Questions

What neighborhood is 1316 West L Street located in?
The 1316 West L Street is a located in the neighborhood of Wilmington in Harbor, Wilmington.
What is the average sales price for listings in 1316 West L Street?
The average sales price for units in 1316 West L Street is $0 currently.

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