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1503 Crenshaw Boulevard

1503 Crenshaw Boulevard, Los Angeles, CA 90019
Property in Victoria Park
Sold Jun 08, 2015
$675,000
Buyer
$540,000 by Bay Valley Mortgage Group
Mortgage Due Oct 01, 2047
Sold Jan 28, 2010
$450,000
Seller
$225,000 by Pmc Bancorp
Mortgage Due Feb 01, 2040
Local assessors in Los Angeles, CA have categorized 1503 Crenshaw Boulevard as a residential type of property. The home was built in 1911 and is 113 years old. The property's lot size has been calculated to be 7,183 square feet. The linear feet between the front and back of the lot was measured at 1,460 ft and the front of the lot was measured at 500 ft. 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 1503 Crenshaw Boulevard has a total of 1,984 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. The home's a heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1503 Crenshaw Boulevard was last sold in May 27, 2015 for $675,000. According to our calculations, that's $340.22 per sqft. Prior to that sales transaction, the property was sold for $450,000 in Jan 4, 2010. Current property owners are expected to pay $9,223 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 1503 Crenshaw Boulevard was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $768,030. To break that down further, the land itself was valued at $614,426. While improvements to the property were assessed at a total of $153,604. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1911
  • Effective Year Built: 1911
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,183
  • Lot Size Depth Feet: 1,460
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,984
  • Building Area: 1,984
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,984
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CRENSHAW BOULEVARD TRACT
  • Land Acres: 0.165
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CRENSHAW BOULEVARD TRACT LOT COM AT MOSTE COR OF LOT 16 TH S 24 33' W 52.83 FT TH NW TO A PT IN NW LINE OF SD LOT NE THEREON 4.50 FT FROM MOST W COR OF SD SEE ASSESSOR MAPBOOK FOR MISSING PORTIONLOT 17

Ownership

  • Current Owner : PARK TAE Y
  • Previous Owner : LEE CHONG SOON
  • Owner Before Previous Owner: YU JIN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Sole Owner

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 218110

Zoning

  • Zoning: LAR3

Geography

  • Assessors Map Reference: 43-C3
  • Parcel: 5082-023-015
  • Lot: 16
  • Municipality: WEST /MID-CITY
  • Latitude: 34.0458
  • Longitude: -118.328

    Address

  • Full Address: 1503 Crenshaw Blvd
  • Address - House Number: 1503
  • Address - Street Name: Crenshaw
  • Address - Suffix Type: Blvd
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C052
  • 4-Digit Zip Code: 4352
  • Zip Code: 90019

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,223
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 96
  • Final Value: 1,891,083
  • High Value: 2,019,122
  • Low Value: 1,763,044

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $990,212
  • First Open Lien Mortgage Lender: BAY VALLEY MORTGAGE GROUP
  • First Open Lien Mortgage Recording Date: Sep 28, 2017
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $540,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2047
  • Second Open Lien Mortgage Lender: BANK OF THE WEST
  • Second Open Lien Mortgage Recording Date: Dec 19, 2017
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $200,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Dec 12, 2047
  • Third Open Lien Mortgage Lender: US BANK NA
  • Third Open Lien Mortgage Recording Date: Oct 25, 2018
  • Third Open Lien Mortgage Financing Type: Variable
  • Third Open Lien Mortgage Loan Amount: $250,212
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Third Open Lien Mortgage Loan Due Date: Oct 10, 2048

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $768,030
  • Assessed Land Value: $614,426
  • Assessed Improvements Value: $153,604

    Sales

  • Current Sale Contract Date: May 27, 2015
  • Current Sale Recording Date: Jun 08, 2015
  • Current Sale Transaction ID: 1225912654
  • Current Sale Price: $675,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 15-0667580
  • Previous Sale Recording Date: Jan 28, 2010
  • Previous Sale Contract Date: Jan 04, 2010
  • Previous Sale Amount: $450,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: OPEN BANK
  • First Mortgage Transaction Date: Jun 08, 2015
  • First Mortgage Loan Amount: $472,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jul 01, 2045

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: PMC BANCORP
  • Previous Mortgage Transaction Date: Jan 28, 2010
  • Previous Mortgage Loan Amount: $225,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2040

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Frequently Asked Questions

What neighborhood is 1503 Crenshaw Boulevard located in?
The 1503 Crenshaw Boulevard is a located in the neighborhood of Victoria Park in South LA, Los Angeles.
What is the average sales price for listings in 1503 Crenshaw Boulevard?
The average sales price for units in 1503 Crenshaw Boulevard is $0 currently.

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