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1489 North Occidental Boulevard

1489 North Occidental Boulevard, Los Angeles, CA 90026
Multifamily in Silver Lake
1 Units For Sale
Unit for sale at 1489 N OCCIDENTAL BLVD, LOS ANGELES, CA 90026

$1,249,000

  • Studio
1489 N OCCIDENTAL BLVD, LOS ANGELES, CA 90026 Listing by Norm Kerner

Local assessors in Los Angeles, CA have categorized 1489 North Occidental Boulevard as a residential type of property. The home was built in 1950 and is 74 years old. It was most recently renovated and altered in 1951. The property's lot size has been calculated to be 5,054 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, 3 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. If we look only at the heated or air conditioned part of the building, then 1489 North Occidental Boulevard has a total of 1,514 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. 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. Residents rely on air conditioning for their cooling system. 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, 1489 North Occidental Boulevard sold most recently in Jul 19, 2022 for a total of $1,295,000. If you work out the math, that's approximately a cost of $855.35 per sqft. Before that, the property was also sold for $693,500 in Nov 4, 2005. 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 $10,541 in taxes each year. 1489 North Occidental Boulevard was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,295,000. If we break it down further, the land itself was valued at $1,000,000. Improvements to the property, however, were assessed at a total of $295,000. 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.

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: 1950
  • Effective Year Built: 1951
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,054
  • Total Building Area: 1,514
  • Gross Building Area: 1,514
  • Building Area: 1,514
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,514
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 5980
  • Land Acres: 0.116
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: TRACT # 5980 LOT/SEC 73

Ownership

  • Current Owner : FENTON ASHLEY
  • Current Owner 2: LIMA FELIPE
  • Previous Owner : WILLIAM TRANTOW DOUGLAS
  • Owner Before Previous Owner: BARRETT DONALD CLAIRE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 195500

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 35-B5
  • Subdivision Tract Number: 5980
  • Parcel: 5425-022-014
  • Lot: 73
  • Municipality: EAST /LA LOS FELIZ
  • Latitude: 34.0862
  • Longitude: -118.27

    Address

  • Full Address: 1489 N Occidental Blvd
  • Address - House Number: 1489
  • Street Direction: N
  • Address - Street Name: Occidental
  • Address - Suffix Type: Blvd
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C061
  • 4-Digit Zip Code: 2226
  • Zip Code: 90026

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,541
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.2304
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 1,520,752
  • High Value: 1,871,281
  • Low Value: 1,170,224

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $900,000
  • First Open Lien Mortgage Lender: MUFG UNION BANK NA
  • First Open Lien Mortgage Recording Date: Aug 05, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $900,000
  • 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: Sep 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,295,000
  • Assessed Land Value: $1,000,000
  • Assessed Improvements Value: $295,000

    Sales

  • Current Sale Contract Date: Jul 19, 2022
  • Current Sale Recording Date: Aug 05, 2022
  • Current Sale Transaction ID: 11893627214
  • Current Sale Price: $1,295,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 791546
  • Previous Sale Recording Date: Dec 01, 2005
  • Previous Sale Contract Date: Nov 04, 2005
  • Previous Sale Amount: $693,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MUFG UNION BANK NA
  • First Mortgage Transaction Date: Aug 05, 2022
  • First Mortgage Loan Amount: $900,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: FIRST FRANKLIN
  • Previous Mortgage Transaction Date: Dec 01, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $554,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Stand Alone First
  • Previous Mortgage Loan Due Date: Dec 01, 2035

About East LA



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Frequently Asked Questions

What neighborhood is 1489 North Occidental Boulevard located in?
The 1489 North Occidental Boulevard is a multifamily located in the neighborhood of Silver Lake in East LA, Los Angeles.
How many listings are currently for sale in 1489 North Occidental Boulevard?
There is one unit for sale right now.
What is the average sales price for listings in 1489 North Occidental Boulevard?
The average sales price for units in 1489 North Occidental Boulevard is $1,249,000 currently.

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