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1502 West 55th Street

1502 West 55th Street, Los Angeles, CA 90062
Refi May 25, 2001
Transfer
$98,000 by Accubanc Mtg Corp
Mortgage Due Jun 01, 2031
Local assessors in Los Angeles, CA have categorized 1502 West 55th Street as a residential type of property. The home was built in 1910 and is 114 years old. It was most recently renovated and altered in 1915. The property's lot size has been calculated to be 4,960 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, 2 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 is one full bathroom. There is also a partial bathroom. If we look only at the heated or air conditioned part of the building, then 1502 West 55th Street has a total of 1,040 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. The home's floor/wall heating system is the primary heating source. 1502 West 55th Street was last assessed in 2023. The total value of the property was assessed at $181,019. Specifically, the land the property is located on was valued at $152,063. While improvements on the property were assessed at a total of $28,956. 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 $9,600. The initial tax year of delinquency was in 2019. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1915
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: B
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,960
  • Total Building Area: 1,040
  • Building Area: 1,040
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,040
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 772
  • Land Acres: 0.114
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 772 EX OF ST AND ALLEY LOT/SEC 96

Ownership

  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 232601

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 51-E3
  • Subdivision Tract Number: 772
  • Parcel: 5003-023-033
  • Lot: 96
  • Municipality: WEST /SO. WEST L.A.
  • Latitude: 33.9921
  • Longitude: -118.302

    Address

  • Full Address: 1502 W 55th St
  • Address - House Number: 1502
  • Street Direction: W
  • Address - Street Name: 55th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C033
  • 4-Digit Zip Code: 2812
  • Zip Code: 90062

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,600
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 00-212

    Appraisal Valuation

  • Standard Deviation: 0.2306
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 68
  • Final Value: 632,583
  • High Value: 778,472
  • Low Value: 486,695

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $98,000
  • First Open Lien Mortgage Lender: ACCUBANC MTG CORP
  • First Open Lien Mortgage Recording Date: May 25, 2001
  • First Open Lien Mortgage Loan Amount: $98,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2031

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $181,019
  • Assessed Land Value: $152,063
  • Assessed Improvements Value: $28,956

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Frequently Asked Questions

What neighborhood is 1502 West 55th Street located in?
The 1502 West 55th Street is a located in the neighborhood of Chesterfield Square in South LA, Los Angeles.
What is the average sales price for listings in 1502 West 55th Street?
The average sales price for units in 1502 West 55th Street is $0 currently.

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