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1384 West 38th Street

1384 West 38th Street, Los Angeles, CA 90062
Property in King Estates
Sold Jun 02, 2021
$750,000
$637,500 by Quicken Loans Llc
Mortgage Due Jul 01, 2051
Sold Jan 23, 2013
$339,000
$332,859 by Guaranteed Rate Inc
Mortgage Due Feb 01, 2043
Local assessors in Los Angeles, CA have categorized 1384 West 38th Street as a residential type of property. The home was built in 1916 and is 108 years old. It was most recently renovated and altered in 1931. The property's lot size has been calculated to be 5,227 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 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 are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1384 West 38th Street has a total of 2,168 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. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1384 West 38th Street sold most recently in May 4, 2021 for a total of $750,000. If you work out the math, that's approximately a cost of $345.94 per sqft. Before that, the property was also sold for $339,000 in Nov 6, 2012. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $9,291 in taxes each year. 1384 West 38th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $780,300. If we break it down further, the land itself was valued at $520,200. Improvements to the property, however, were assessed at a total of $260,100. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1916
  • Effective Year Built: 1931
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Duplex
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,227
  • Total Building Area: 2,168
  • Gross Building Area: 2,168
  • Building Area: 2,168
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,168
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NORMANDIE TRACT
  • Land Acres: 0.12
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: NORMANDIE AVE TRACT LOT/SEC 118

Ownership

  • Current Owner : CORONADO JOSHUA
  • Current Owner 2: ESCOBEDO REINA
  • Previous Owner : MARTINEZ JASMIN M
  • Owner Before Previous Owner: REME HOLDINGS LLC
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 231301

Zoning

  • Zoning: LARD2

Geography

  • Assessors Map Reference: 51-E1
  • Parcel: 5036-003-018
  • Lot: 118
  • Municipality: WEST /ADAMS/JEFF PARK
  • Latitude: 34.0171
  • Longitude: -118.303

    Address

  • Full Address: 1384 W 38th St
  • Address - House Number: 1384
  • Street Direction: W
  • Address - Street Name: 38th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C042
  • 4-Digit Zip Code: 1236
  • Zip Code: 90062

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,291
  • Tax Rate Code Area: 00-210

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 96
  • Final Value: 788,252
  • High Value: 841,657
  • Low Value: 734,847

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $637,500
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: Jun 02, 2021
  • First Open Lien Mortgage Loan Amount: $637,500
  • 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: Jul 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $780,300
  • Assessed Land Value: $520,200
  • Assessed Improvements Value: $260,100

    Sales

  • Current Sale Contract Date: May 04, 2021
  • Current Sale Recording Date: Jun 02, 2021
  • Current Sale Transaction ID: 11837087700
  • Current Sale Price: $750,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-0875815
  • Previous Sale Recording Date: Jan 23, 2013
  • Previous Sale Contract Date: Nov 06, 2012
  • Previous Sale Amount: $339,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS LLC
  • First Mortgage Transaction Date: Jun 02, 2021
  • First Mortgage Loan Amount: $637,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: GUARANTEED RATE INC
  • Previous Mortgage Transaction Date: Jan 23, 2013
  • Previous Mortgage Loan Amount: $332,859
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Feb 01, 2043

About South LA



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Frequently Asked Questions

What neighborhood is 1384 West 38th Street located in?
The 1384 West 38th Street is a located in the neighborhood of King Estates in South LA, Los Angeles.
What is the average sales price for listings in 1384 West 38th Street?
The average sales price for units in 1384 West 38th Street is $0 currently.

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