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1345 West 54th Street

1345 West 54th Street, Los Angeles, CA 90037
Property in Voices of 90037
Sold Feb 26, 1998
$92,000
Buyer
Hud
Seller
$393,750 by Mortgageit Inc
Mortgage Due Sep 01, 2036
Sold Aug 27, 1997
$111,305
Local assessors in Los Angeles, CA have categorized 1345 West 54th Street as a residential type of property. The home was built in 1910 and is 114 years old. It was most recently renovated and altered in 1925. The property's lot size has been calculated to be 5,185 square feet. The linear feet between the front and back of the lot was measured at 1,290 ft and the front of the lot was measured at 400 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1345 West 54th Street has a total of 1,356 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a roof that is made of composition shingle. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1345 West 54th Street was last sold in Dec 10, 1997 for $92,000. According to our calculations, that's $67.85 per sqft. Prior to that sales transaction, the property was sold for $111,305 in Aug 21, 1997. Current property owners are expected to pay $7,296 in taxes per year. The property on 1345 West 54th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $162,561. To break that down further, the land itself was valued at $112,788. While improvements to the property were assessed at a total of $49,773. 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: 1910
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Wood
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,185
  • Lot Size Depth Feet: 1,290
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,356
  • Building Area: 1,356
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,356
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: VERMONT AVENUE VILLA TRACT
  • Land Acres: 0.119
  • Standard Land Use Code: Single family residential
  • Legal Description 1: VERMONT AVE VILLA TRACT LOT/SEC 83

Ownership

  • Current Owner : LIGON RONALD
  • Previous Owner : HUD
  • Owner Before Previous Owner: LAZO RUDIS NELSON
  • Owner Before Previous Owner 2: COUNTRYWIDE HOME LOANS INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 232602

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 51-E3
  • Parcel: 5002-005-006
  • Lot: 83
  • Municipality: WEST /SO. WEST L.A.
  • Latitude: 33.9935
  • Longitude: -118.3

    Address

  • Full Address: 1345 W 54th St
  • Address - House Number: 1345
  • Street Direction: W
  • Address - Street Name: 54th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C024
  • 4-Digit Zip Code: 3440
  • Zip Code: 90037

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,296
  • Tax Rate Code Area: 00-212

    Appraisal Valuation

  • Standard Deviation: 0.2455
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 65
  • Final Value: 553,048
  • High Value: 688,850
  • Low Value: 417,246

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $393,750
  • First Open Lien Mortgage Lender: MORTGAGEIT INC
  • First Open Lien Mortgage Recording Date: Aug 15, 2006
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $393,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Negative Amortization
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2036

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $162,561
  • Assessed Land Value: $112,788
  • Assessed Improvements Value: $49,773

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 10, 1997
  • Current Sale Recording Date: Feb 26, 1998
  • Current Sale Transaction ID: 1009102507
  • Current Sale Price: $92,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 98-0311708
  • Previous Sale Recording Date: Aug 27, 1997
  • Previous Sale Contract Date: Aug 21, 1997
  • Previous Sale Amount: $111,305
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: MALONE MTG COMPANY AMERICA LTD
  • First Mortgage Transaction Date: Feb 26, 1998
  • First Mortgage Loan Amount: $91,460
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2028

About South LA



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Frequently Asked Questions

What neighborhood is 1345 West 54th Street located in?
The 1345 West 54th Street is a located in the neighborhood of Voices of 90037 in South LA, Los Angeles.
What is the average sales price for listings in 1345 West 54th Street?
The average sales price for units in 1345 West 54th Street is $0 currently.

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