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1400 South Westmoreland Avenue

1400 South Westmoreland Avenue, Los Angeles, CA 90006
Multifamily in Pico Union
Sold Apr 03, 2020
$1,190,000
$20,000 by Hwang Doo
Mortgage Due Jan 12, 2053
Local assessors in Los Angeles, CA have categorized 1400 South Westmoreland Avenue as a residential type of property. The home was built in 1995 and is 29 years old. The property's lot size has been calculated to be 6,764 square feet. 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, 6 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 5 full bathrooms. There are also 5 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 1400 South Westmoreland Avenue has a total of 4,614 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. 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 - C. The building has a gable style roof that was made of composition shingle. Residents rely on air conditioning for their cooling system. The home's floor/wall 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, 1400 South Westmoreland Avenue sold most recently in Mar 24, 2020 for a total of $1,190,000. If you work out the math, that's approximately a cost of $257.91 per sqft. 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 $15,322 in taxes each year. 1400 South Westmoreland Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,250,901. If we break it down further, the land itself was valued at $946,060. Improvements to the property, however, were assessed at a total of $304,841. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Features

Parking

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

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 2
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 5
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,764
  • Total Building Area: 4,614
  • Building Area: 4,614
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Floor/wall
  • Heated Square Feet: 4,614
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MILLARD TRACT
  • Land Acres: 0.155
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Personal property general
  • Legal Description 1: MILLARD TRACT LOT/SEC 8 BLK/DIV/TWN A

Ownership

  • Current Owner : G & C FUTURE INC
  • Previous Owner : VARGAS JITKA JUDY URBANY
  • Previous Owner 2: VARGAS SIXTO RENE
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 221110

Zoning

  • Zoning: LARD1.5

Geography

  • Assessors Map Reference: 43-F3
  • Parcel: 5056-003-007
  • Block: A
  • Lot: 8
  • Municipality: WEST /ADAMS/JEFF PARK
  • Latitude: 34.0462
  • Longitude: -118.289

    Address

  • Full Address: 1400 S Westmoreland Ave
  • Address - House Number: 1400
  • Street Direction: S
  • Address - Street Name: Westmoreland
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C054
  • 4-Digit Zip Code: 4629
  • Zip Code: 90006

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,322
  • Tax Rate Code Area: 00-210

    Appraisal Valuation

  • Standard Deviation: 0.3324
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 33
  • Final Value: 1,154,568
  • High Value: 1,538,399
  • Low Value: 770,736

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $20,000
  • First Open Lien Mortgage Lender: HWANG DOO
  • First Open Lien Mortgage Recording Date: Jan 12, 2023
  • First Open Lien Mortgage Loan Amount: $20,000
  • 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: Jan 12, 2053
  • First Open Lien Mortgage Private Lender: T

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,250,901
  • Assessed Land Value: $946,060
  • Assessed Improvements Value: $304,841

    Sales

  • Current Sale Contract Date: Mar 24, 2020
  • Current Sale Recording Date: Apr 03, 2020
  • Current Sale Transaction ID: 11753930358
  • Current Sale Price: $1,190,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-0379667

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Frequently Asked Questions

What neighborhood is 1400 South Westmoreland Avenue located in?
The 1400 South Westmoreland Avenue is a multifamily located in the neighborhood of Pico Union in Central LA, Los Angeles.
What is the average sales price for listings in 1400 South Westmoreland Avenue?
The average sales price for units in 1400 South Westmoreland Avenue is $0 currently.

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