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1361 West 35th Street

1361 West 35th Street, Los Angeles, CA 90007
Multifamily in Congress North
Sold Apr 09, 2021
$1,230,000
$4,700,000 by Preferred Bank
Mortgage Due Mar 21, 2054
1361 West 35th Street in Los Angeles, CA was first built in 1936 and is 88 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1361 West 35th Street has 3,248 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 6,854 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 C. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. The property was last sold in Mar 24, 2021 for $1,230,000. That's $378.69 per sqft. 1361 West 35th Street was last assessed in 2023. The total value of the property was assessed at $1,279,692. Specifically, the land the property is located on was valued at $936,360. While improvements on the property were assessed at a total of $343,332. 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 $15,095. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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.

Building Features

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1936
  • Effective Year Built: 1936
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,854
  • Total Building Area: 3,248
  • Gross Building Area: 3,248
  • Building Area: 3,248
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 3,248
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HOWES TR
  • Land Acres: 0.157
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: HOWES TRACT LOT/SEC 7 BLK/DIV/TWN 8

Ownership

  • Current Owner : 1361 W 35TH ST LLC
  • Previous Owner : HALL RONETTE
  • Previous Owner 2: ESTATE OF RONALD C PARROTT
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Aug 07, 2023

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 222600

Zoning

  • Zoning: LARD1.5

Geography

  • Assessors Map Reference: 43-E6
  • Parcel: 5040-003-007
  • Block: 8
  • Lot: 7
  • Municipality: WEST /UNIVERSITY PARK
  • Latitude: 34.0249
  • Longitude: -118.299

    Address

  • Full Address: 1361 W 35th St
  • Address - House Number: 1361
  • Street Direction: W
  • Address - Street Name: 35th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C013
  • 4-Digit Zip Code: 3411
  • Zip Code: 90007

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,095
  • Tax Rate Code Area: 00-210

    Appraisal Valuation

  • Standard Deviation: 0.2397
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 66
  • Final Value: 1,451,282
  • High Value: 1,799,206
  • Low Value: 1,103,357

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $6,970,000
  • First Open Lien Mortgage Lender: PREFERRED BANK
  • First Open Lien Mortgage Recording Date: Mar 21, 2024
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $4,700,000
  • 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: Mar 21, 2054
  • Second Open Lien Mortgage Lender: PREFERRED BANK
  • Second Open Lien Mortgage Recording Date: Jul 29, 2022
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $2,270,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Building or Construction Loan
  • Second Open Lien Mortgage Loan Due Date: Jul 29, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,279,692
  • Assessed Land Value: $936,360
  • Assessed Improvements Value: $343,332

    Sales

  • Current Sale Contract Date: Mar 24, 2021
  • Current Sale Recording Date: Apr 09, 2021
  • Current Sale Transaction ID: 11829065245
  • Current Sale Price: $1,230,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-0561772

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Frequently Asked Questions

What neighborhood is 1361 West 35th Street located in?
The 1361 West 35th Street is a multifamily located in the neighborhood of Congress North in South LA, Los Angeles.
What is the average sales price for listings in 1361 West 35th Street?
The average sales price for units in 1361 West 35th Street is $0 currently.

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