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1361 Marion Court

1361 Marion Court, Hacienda Heights, CA 91745
Property in Industry
1361 Marion Court in Hacienda Heights, CA was first built in 1979 and is 45 years old. This has been categorized as a industrial property type. It is a single story home. 1361 Marion Court has 29,040 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 58,513 square feet.

Learn more about the property and building on this page. The building type has been coded as 3. The code stands for buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame. 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 masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The property was last sold in Apr 13, 2018 for $5,631,500. That's $193.92 per sqft. Prior to that sales transaction, the property was also sold in Nov 6, 2017 for $4,100,000. 1361 Marion Court was last assessed in 2023. The total value of the property was assessed at $6,159,410. Specifically, the land the property is located on was valued at $4,405,204. While improvements on the property were assessed at a total of $1,754,206. 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 $74,932. The initial tax year of delinquency was in 2018. 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. 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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: B
  • Construction Type: Masonry
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 58,513
  • Total Building Area: 29,040
  • Gross Building Area: 29,040
  • Building Area: 29,040
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 29,040
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Exterior non-combustible materials/Interior combustible materials
  • Property Class: Industrial
  • Subdivision: CITY OF INDUSTRY
  • Land Acres: 1.343
  • Standard Land Use Code: Warehouse (industrial)
  • Legal Description 1: *TR=PARCEL MAP AS PER BK 103 P 74-75 OF PM LOT/SEC 7

Ownership

  • Current Owner : CCMC ARC LLC
  • Previous Owner : CHUNG HENRY
  • Owner Before Previous Owner: YEE STEVE CHISIN
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Hacienda La Puente Unified School District
  • Census Tract: 980035

Zoning

  • Zoning: IDM*

Geography

  • Assessors Map Reference: 98-A2
  • Parcel: 8242-029-007
  • Lot: 7
  • Municipality: EAST /INDUSTRY W.
  • Latitude: 34.0015
  • Longitude: -117.945

    Address

  • Full Address: 1361 Marion Ct
  • Address - House Number: 1361
  • Address - Street Name: Marion
  • Address - Suffix Type: Ct
  • State: CA
  • City Name: City Of Industry
  • Carrier Code: C014
  • 4-Digit Zip Code: 2419
  • Zip Code: 91745

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $74,932
  • Intital Tax Deliquent Year: 2018
  • Tax Rate Code Area: 04-391

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $3,435,000
  • First Open Lien Mortgage Lender: BUSINESS FINANCE CAPITAL
  • First Open Lien Mortgage Recording Date: Apr 20, 2018
  • First Open Lien Mortgage Loan Amount: $2,035,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • Second Open Lien Mortgage Lender: EAST WEST BANK
  • Second Open Lien Mortgage Recording Date: Sep 02, 2020
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $1,400,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,159,410
  • Assessed Land Value: $4,405,204
  • Assessed Improvements Value: $1,754,206

    Sales

  • Current Sale Contract Date: Apr 13, 2018
  • Current Sale Recording Date: Apr 20, 2018
  • Current Sale Transaction ID: 11452279035
  • Current Sale Price: $5,631,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 18-0383436
  • Previous Sale Recording Date: Dec 29, 2017
  • Previous Sale Contract Date: Nov 06, 2017
  • Previous Sale Amount: $4,100,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BUSINESS FINANCE CAPITAL
  • First Mortgage Transaction Date: Apr 20, 2018
  • First Mortgage Loan Amount: $2,035,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: LONE OAK FUND LLC
  • Previous Mortgage Transaction Date: Dec 29, 2017
  • Previous Mortgage Loan Amount: $2,460,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Industry



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 17066 Colima Road, Hacienda Heights, CA, 91745

$2,300 /mo

  • 2 Beds
  • 1 Bath
  • 913 ft²
17066 Colima Road #265, Hacienda Heights, CA, 91745 Listing by Chia-Wei Chen

Frequently Asked Questions

What neighborhood is 1361 Marion Court located in?
The 1361 Marion Court is a located in the neighborhood of Industry in Industry, Hacienda Heights.
What is the average sales price for listings in 1361 Marion Court?
The average sales price for units in 1361 Marion Court is $0 currently.

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