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1333 East 41st Place

1333 East 41st Place, Los Angeles, CA 90011
Property in Central Alameda
Sold Nov 22, 2021
$545,000
$490,500 by Ocmbc Inc
Mortgage Due Dec 01, 2051
Sold Mar 01, 2021
$320,000
1333 East 41st Place 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 1912 and is 112 years old. The home has a total of 2 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1333 East 41st Place has 910 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,200 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 4,831 square feet.

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 C by the local assessor. In terms of heating, it is utilizing floor/wall heating system. There is a single fireplace in the home. Perfect for those wintery nights. 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, 1333 East 41st Place sold most recently in Oct 13, 2021 for a total of $545,000. If you work out the math, that's approximately a cost of $598.90 per sqft. Before that, the property was also sold for $320,000 in Jan 28, 2021. 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 $6,611 in taxes each year. The initial year of tax delinquency occurred in 2020. 1333 East 41st Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $555,900. If we break it down further, the land itself was valued at $442,170. Improvements to the property, however, were assessed at a total of $113,730. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Features

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1912
  • Effective Year Built: 1912
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,831
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 400
  • Total Building Area: 910
  • Building Area: 910
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 910
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BOWENS VERNON & HOOPER AVENUE TRACT
  • Land Acres: 0.111
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BOWENS VERNON&HOOPER AVE TRACT LOT/SEC 33 BLK/DIV/TWN F

Ownership

  • Current Owner : CONTRERAS JOSE A
  • Previous Owner : CREST CAPITAL LLC
  • Owner Before Previous Owner: JONE ANITA WINDOM
  • Owner Before Previous Owner 2: MILLER FAMILY TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 228220

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 52-D2
  • Parcel: 5116-001-026
  • Block: F
  • Lot: 33
  • Municipality: SOUTH /L.A./FLORENCE
  • Latitude: 34.0084
  • Longitude: -118.251

    Address

  • Full Address: 1333 E 41st Pl
  • Address - House Number: 1333
  • Street Direction: E
  • Address - Street Name: 41st
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C033
  • 4-Digit Zip Code: 3213
  • Zip Code: 90011

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,611
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 00-007

    Appraisal Valuation

  • Standard Deviation: 0.2322
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 67
  • Final Value: 591,944
  • High Value: 729,401
  • Low Value: 454,487

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $490,500
  • First Open Lien Mortgage Lender: OCMBC INC
  • First Open Lien Mortgage Recording Date: Nov 22, 2021
  • First Open Lien Mortgage Loan Amount: $490,500
  • 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: Dec 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $555,900
  • Assessed Land Value: $442,170
  • Assessed Improvements Value: $113,730

    Sales

  • Current Sale Contract Date: Oct 13, 2021
  • Current Sale Recording Date: Nov 22, 2021
  • Current Sale Transaction ID: 11869080702
  • Current Sale Price: $545,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1731925
  • Previous Sale Recording Date: Mar 01, 2021
  • Previous Sale Contract Date: Jan 28, 2021
  • Previous Sale Amount: $320,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: OCMBC INC
  • First Mortgage Transaction Date: Nov 22, 2021
  • First Mortgage Loan Amount: $490,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

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Frequently Asked Questions

What neighborhood is 1333 East 41st Place located in?
The 1333 East 41st Place is a located in the neighborhood of Central Alameda in South LA, Los Angeles.
What is the average sales price for listings in 1333 East 41st Place?
The average sales price for units in 1333 East 41st Place is $0 currently.

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