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1337 Albany Street

1337 Albany Street, Los Angeles, CA 90015
Property in Pico Union
Sold May 06, 2014
Transfer
$1,090,000 by First Republic Bank
Mortgage
1337 Albany Street in Los Angeles, CA was first built in 1924 and is 100 years old. Although, the building on the property was most recently renovated and altered in 1925. This has been categorized as a residential property type. In terms of bathrooms, there are a total of 20 full bathrooms. There are 20 partial bathrooms. 1337 Albany Street has 9,088 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. In total, the area measurement of the land is 6,002 square feet.

Learn more about the property and building on this page. 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. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $18,340 in taxes per year. The property on 1337 Albany Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,472,819. To break that down further, the land itself was valued at $1,354,997. While improvements to the property were assessed at a total of $117,822. 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: 1924
  • Effective Year Built: 1925
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 20
  • Full Bathrooms: 20
  • Partial Bathrooms: 20
  • Building Quality: B
  • Construction Type: Wood
  • Living Units: 20
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,002
  • Total Building Area: 9,088
  • Gross Building Area: 9,088
  • Building Area: 9,088
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 9,088
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GREENWELL TR
  • Land Acres: 0.138
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Personal property general
  • Legal Description 1: GREENWELL TRACT LOT/SEC 16 BLK/DIV/TWN 2

Ownership

  • Current Owner : THE HUBBS FAMILY TRUST
  • Previous Owner : MOREFIELD RHONDA GAYLE LEE
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 224200

Zoning

  • Zoning: LARD1.5

Geography

  • Assessors Map Reference: 44-B4
  • Parcel: 5135-034-016
  • Block: 2
  • Lot: 16
  • Municipality: WEST /ADAMS/JEFF PARK
  • Latitude: 34.0425
  • Longitude: -118.275

    Address

  • Full Address: 1337 Albany St
  • Address - House Number: 1337
  • Address - Street Name: Albany
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C038
  • 4-Digit Zip Code: 2740
  • Zip Code: 90015

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $18,340
  • Tax Rate Code Area: 00-030

    Appraisal Valuation

  • Standard Deviation: 0.221
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 55
  • Final Value: 1,437,561
  • High Value: 1,755,323
  • Low Value: 1,119,798

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,090,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Oct 27, 2020
  • First Open Lien Mortgage Loan Amount: $1,090,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,472,819
  • Assessed Land Value: $1,354,997
  • Assessed Improvements Value: $117,822

    Sales

  • Current Sale Contract Date: Mar 10, 2014
  • Current Sale Recording Date: May 06, 2014
  • Current Sale Transaction ID: 1010256585
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 14-0469441

    Last Sale Mortgage

  • First Mortgage Lender: FIRST REPUBLIC BANK
  • First Mortgage Transaction Date: May 06, 2014
  • First Mortgage Loan Amount: $750,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

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Frequently Asked Questions

What neighborhood is 1337 Albany Street located in?
The 1337 Albany Street is a located in the neighborhood of Pico Union in Central LA, Los Angeles.
What is the average sales price for listings in 1337 Albany Street?
The average sales price for units in 1337 Albany Street is $0 currently.

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