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1328 3rd Avenue

1328 3rd Avenue, Los Angeles, CA 90019
Sold Nov 18, 1999
$207,000
$254,000 by New Century Mortgage Corp
Mortgage Due May 01, 2035
Sold Sep 22, 1994
$141,000
$138,559 by First Prestige Mtg Corp
Mortgage Due Oct 01, 2024
1328 3rd Avenue has been categorized by the local assessors in Los Angeles, CA as a residential type of property. The building on the property was first built in 1903 and is 121 years old. The home has a total of 4 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. In addition, 1328 3rd Avenue has 2,347 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,500 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a triplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a 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, 1328 3rd Avenue was last sold in May 12, 1999 for $207,000. According to our calculations, that's $88.20 per sqft. Prior to that sales transaction, the property was sold for $141,000 in Aug 1, 1994. Current property owners are expected to pay $11,206 in taxes per year. The property on 1328 3rd Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $936,298. To break that down further, the land itself was valued at $705,886. While improvements to the property were assessed at a total of $230,412. 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: 1903
  • Effective Year Built: 1903
  • Building Count: 3
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Triplex
  • Living Units: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Total Building Area: 2,347
  • Building Area: 2,347
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,347
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CENTRAL ARLINGTON HEIGHTS TRACT
  • Land Acres: 0.172
  • Standard Land Use Code: Triplex (3 units, any combination)
  • Legal Description 1: CENTRAL ARLINGTON HEIGHTS LOT/SEC 8 BLK/DIV/TWN 47

Ownership

  • Current Owner : RIVERA LORENZO
  • Current Owner 2: COREAS ALBA MIRIAN
  • Previous Owner : FUNES JOSE F
  • Previous Owner 2: FUNES DELIA D
  • Owner Before Previous Owner: OMAE SHIGERU
  • Owner Before Previous Owner 2: OMAE SATSUKI
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 218120

Zoning

  • Zoning: LARD1.5

Geography

  • Assessors Map Reference: 43-D3
  • Parcel: 5072-036-008
  • Block: 47
  • Lot: 8
  • Municipality: WEST /ADAMS/JEFF PARK
  • Latitude: 34.0463
  • Longitude: -118.32

    Address

  • Full Address: 1328 3rd Ave
  • Address - House Number: 1328
  • Address - Street Name: 3rd
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C011
  • 4-Digit Zip Code: 4516
  • Zip Code: 90019

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,206
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2273
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 1,230,402
  • High Value: 1,510,193
  • Low Value: 950,611

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $254,000
  • First Open Lien Mortgage Lender: NEW CENTURY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Apr 27, 2005
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $254,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: May 01, 2035

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $936,298
  • Assessed Land Value: $705,886
  • Assessed Improvements Value: $230,412

    Sales

  • Current Sale Contract Date: May 12, 1999
  • Current Sale Recording Date: Nov 18, 1999
  • Current Sale Transaction ID: 1009856739
  • Current Sale Price: $207,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 99-2152833
  • Previous Sale Recording Date: Sep 22, 1994
  • Previous Sale Contract Date: Aug 01, 1994
  • Previous Sale Amount: $141,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: PMA MTG
  • First Mortgage Transaction Date: Nov 18, 1999
  • First Mortgage Loan Amount: $205,266
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2029

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: FIRST PRESTIGE MTG CORP
  • Previous Mortgage Transaction Date: Sep 22, 1994
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $138,559
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Oct 01, 2024

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Frequently Asked Questions

What neighborhood is 1328 3rd Avenue located in?
The 1328 3rd Avenue is a located in the neighborhood of Arlington Heights in South LA, Los Angeles.
What is the average sales price for listings in 1328 3rd Avenue?
The average sales price for units in 1328 3rd Avenue is $0 currently.

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