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1383 West 23rd Street

1383 West 23rd Street, Los Angeles, CA 90007
Multifamily in University Park
1 Units For Sale
Unit for sale at 1383 W 23rd St, Los Angeles, CA 90007

$1,900,000

  • 10 Beds
1383 W 23rd St, Los Angeles, CA 90007 Listing by Adam Shamooelian

1383 West 23rd Street 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 1903 and is 121 years old. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1383 West 23rd Street has 1,018 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,180 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 5,882 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. According to our sources, there is one available parking space. 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 C by the local assessor. In terms of heating, it is utilizing floor/wall heating system. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Aug 6, 2021 for $600,000. That's $589.39 per sqft. Prior to that sales transaction, the property was also sold in Dec 3, 2021 for $865,000. 1383 West 23rd Street was last assessed in 2023. The total value of the property was assessed at $882,300. Specifically, the land the property is located on was valued at $765,000. While improvements on the property were assessed at a total of $117,300. 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 $10,378. The initial tax year of delinquency was in 2020. 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.

Building Features

Parking

Carport

Driveway

Driveway

Condition

New Construction
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230420
04/20/2023
10 Bed
-
-
$2,050,000
bedrooms
10 Bed
bathrooms
-
-
-
-
Adam Shamooelian
Keller Williams Beverly Hills
20210415
04/15/2021
Studio
-
-
$700,000
bedrooms
Studio
bathrooms
-
$865,000 +23.57%
12/30/2021
-
Martha Morales
Keller Williams Realty

Building Info

Overview

    General

  • Year Built: 1903
  • Effective Year Built: 1903
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,882
  • Lot Size Depth Feet: 1,180
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,018
  • Building Area: 1,018
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,018
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: URMSTON TRACT
  • Land Acres: 0.135
  • Standard Land Use Code: Single family residential
  • Legal Description 1: URMSTON TRACT LOT/SEC 13 BLK/DIV/TWN 11

Ownership

  • Current Owner : PHOENIX REALTY INVESTMENTS LLC
  • Previous Owner : AVALOS TELLO MARIA
  • Owner Before Previous Owner: PHOENIX REALTY INVESTMENTS LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 221710

Zoning

  • Zoning: LARD2

Geography

  • Assessors Map Reference: 43-F5
  • Parcel: 5055-018-013
  • Block: 11
  • Lot: 13
  • Municipality: WEST /PICO UNION
  • Latitude: 34.0354
  • Longitude: -118.289

    Address

  • Full Address: 1383 W 23rd St
  • Address - House Number: 1383
  • Street Direction: W
  • Address - Street Name: 23rd
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C025
  • 4-Digit Zip Code: 1722
  • Zip Code: 90007

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,378
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 00-048

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 96
  • Final Value: 698,358
  • High Value: 745,680
  • Low Value: 651,035

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,300,000
  • First Open Lien Mortgage Lender: FIRST FOUNDATION BANK
  • First Open Lien Mortgage Recording Date: Apr 14, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,300,000
  • 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: May 01, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $882,300
  • Assessed Land Value: $765,000
  • Assessed Improvements Value: $117,300

    Sales

  • Current Sale Contract Date: Aug 06, 2021
  • Current Sale Recording Date: Jul 27, 2022
  • Current Sale Transaction ID: 11892664232
  • Current Sale Price: $600,000
  • Current Sale Document Type: Correction Deed
  • Current Sale Input Document Number: 759212
  • Previous Sale Recording Date: Dec 30, 2021
  • Previous Sale Contract Date: Dec 03, 2021
  • Previous Sale Amount: $865,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: GENESIS CAPITAL LLC
  • Previous Mortgage Transaction Date: Dec 30, 2021
  • Previous Mortgage Loan Amount: $1,435,425
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan

About South LA



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Frequently Asked Questions

What neighborhood is 1383 West 23rd Street located in?
The 1383 West 23rd Street is a multifamily located in the neighborhood of University Park in South LA, Los Angeles.
How many listings are currently for sale in 1383 West 23rd Street?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 1383 West 23rd Street?
The average sales price for units in 1383 West 23rd Street is $700,000 currently.

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