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1334 West 38th Street

1334 West 38th Street, Los Angeles, CA 90062
Property in King Estates
Sold Jan 29, 2014
$400,000
$440,000 by United Wholesale Mortgage Llc
Mortgage Due Jul 01, 2052
Sold Sep 19, 2013
$195,000
$201,000 by Anchor Loans Inc
Mortgage
1334 West 38th Street 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 1911 and is 113 years old. However, we must point out that the home was most recently renovated and altered in 1916. 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, 1334 West 38th Street has 1,242 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 1,310 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 5,226 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. According to our sources, there is one available parking space. 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. 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, 1334 West 38th Street sold most recently in Jan 6, 2014 for a total of $400,000. If you work out the math, that's approximately a cost of $322.06 per sqft. Before that, the property was also sold for $195,000 in Sep 4, 2013. 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 $6,127 in taxes each year. The initial year of tax delinquency occurred in 2019. 1334 West 38th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $519,461. If we break it down further, the land itself was valued at $329,749. Improvements to the property, however, were assessed at a total of $189,712. The property's total assessed value has been marked as more than the total market value 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!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: 1911
  • Effective Year Built: 1916
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: B
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,226
  • Lot Size Depth Feet: 1,310
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,242
  • Building Area: 1,242
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,242
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE NORMANDIE AVENUE TRACT
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NORMANDIE AVE TR LOT/SECACT BLK/DIV/TWN 129

Ownership

  • Current Owner : MARTINEZ JUAN
  • Current Owner 2: SILVA RICARDO
  • Previous Owner : GB CASAS INVESTMENT & MANAGEMENT INC
  • Owner Before Previous Owner: JONES JAMES A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 231301

Zoning

  • Zoning: LARD2

Geography

  • Assessors Map Reference: 51-E1
  • Parcel: 5036-003-039
  • Block: 129
  • Lot: ACT
  • Municipality: WEST /PICO UNION
  • Latitude: 34.0171
  • Longitude: -118.301

    Address

  • Full Address: 1334 W 38th St
  • Address - House Number: 1334
  • Street Direction: W
  • Address - Street Name: 38th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C042
  • 4-Digit Zip Code: 1236
  • Zip Code: 90062

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,127
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 00-210

    Appraisal Valuation

  • Standard Deviation: 0.2189
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 69
  • Final Value: 837,945
  • High Value: 1,021,442
  • Low Value: 654,448

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $490,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jun 07, 2022
  • First Open Lien Mortgage Loan Amount: $440,000
  • 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: Jul 01, 2052
  • Second Open Lien Mortgage Lender: SWENSON RANDY
  • Second Open Lien Mortgage Recording Date: May 12, 2023
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Private Lender: T

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $519,461
  • Assessed Land Value: $329,749
  • Assessed Improvements Value: $189,712

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 06, 2014
  • Current Sale Recording Date: Jan 29, 2014
  • Current Sale Transaction ID: 1034505787
  • Current Sale Price: $400,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 14-0096263
  • Previous Sale Recording Date: Sep 19, 2013
  • Previous Sale Contract Date: Sep 04, 2013
  • Previous Sale Amount: $195,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEW AMERICAN FUNDING
  • First Mortgage Transaction Date: Jan 29, 2014
  • First Mortgage Loan Amount: $392,755
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2044

    Previous Mortgages

  • Previous Mortgage Lender: ANCHOR LOANS INC
  • Previous Mortgage Transaction Date: Sep 19, 2013
  • Previous Mortgage Loan Amount: $201,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

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Frequently Asked Questions

What neighborhood is 1334 West 38th Street located in?
The 1334 West 38th Street is a located in the neighborhood of King Estates in South LA, Los Angeles.
What is the average sales price for listings in 1334 West 38th Street?
The average sales price for units in 1334 West 38th Street is $0 currently.

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