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1360 East 58th Drive

1360 East 58th Drive, Los Angeles, CA 90001
Property in Florence-Graham
Sold May 20, 2021
$625,000
$613,679 by Newrez Llc
Mortgage Due Jun 01, 2051
Sold May 01, 2013
$330,000
$323,924 by Prospect Mortgage Llc
Mortgage Due May 01, 2043
1360 East 58th Drive 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 1923 and is 101 years old. The home has a total of 5 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. In addition, 1360 East 58th Drive has 1,615 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 5,394 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex 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 D 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. The property was last sold in Apr 14, 2021 for $625,000. That's $387.00 per sqft. Prior to that sales transaction, the property was also sold in Feb 22, 2013 for $330,000. 1360 East 58th Drive was last assessed in 2023. The total value of the property was assessed at $650,250. Specifically, the land the property is located on was valued at $478,584. While improvements on the property were assessed at a total of $171,666. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $8,416. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1923
  • Building Count: 2
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,394
  • Total Building Area: 1,615
  • Building Area: 1,615
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,615
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: S MCCRAYS ORANGE PLACE
  • Land Acres: 0.124
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: S MCCRAYS ORANGE PLACE LOT/SEC 13 BLK/DIV/TWN C

Ownership

  • Current Owner : MARTINEZ JOSE D
  • Previous Owner : ZAMORA SERGIO
  • Previous Owner 2: CANTERO GRACIELA ZAMORA
  • Owner Before Previous Owner: PM DEVELOPMENTS LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Sole Owner

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 532800

Zoning

  • Zoning: LCM1*

Geography

  • Assessors Map Reference: 52-D4
  • Parcel: 6008-022-001
  • Block: C
  • Lot: 13
  • Municipality: SOUTH /UNINC L ANGELES
  • Latitude: 33.9877
  • Longitude: -118.25

    Address

  • Full Address: 1360 E 58th Dr
  • Address - House Number: 1360
  • Street Direction: E
  • Address - Street Name: 58th
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C001
  • 4-Digit Zip Code: 1202
  • Zip Code: 90001

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,416
  • Tax Rate Code Area: 01-166

    Appraisal Valuation

  • Standard Deviation: 0.2263
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 707,167
  • High Value: 867,269
  • Low Value: 547,066

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $613,679
  • First Open Lien Mortgage Lender: NEWREZ LLC
  • First Open Lien Mortgage Recording Date: May 20, 2021
  • First Open Lien Mortgage Loan Amount: $613,679
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $650,250
  • Assessed Land Value: $478,584
  • Assessed Improvements Value: $171,666

    Sales

  • Current Sale Contract Date: Apr 14, 2021
  • Current Sale Recording Date: May 20, 2021
  • Current Sale Transaction ID: 11835663296
  • Current Sale Price: $625,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-0808024
  • Previous Sale Recording Date: May 01, 2013
  • Previous Sale Contract Date: Feb 22, 2013
  • Previous Sale Amount: $330,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEWREZ LLC
  • First Mortgage Transaction Date: May 20, 2021
  • First Mortgage Loan Amount: $613,679
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: PROSPECT MORTGAGE LLC
  • Previous Mortgage Transaction Date: May 01, 2013
  • Previous Mortgage Loan Amount: $323,924
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: May 01, 2043

About Florence-Graham



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Frequently Asked Questions

What neighborhood is 1360 East 58th Drive located in?
The 1360 East 58th Drive is a located in the neighborhood of Florence-Graham in Florence-Graham, Los Angeles.
What is the average sales price for listings in 1360 East 58th Drive?
The average sales price for units in 1360 East 58th Drive is $0 currently.

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