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1508 Gravois Avenue

1508 Gravois Avenue, Los Angeles, CA 90063
Property in East Los Angeles
Sold Apr 25, 2013
$275,000
$270,019 by Security National Mortgage Co
Mortgage Due May 01, 2043
Sold Oct 25, 2012
$182,000
Local assessors in Los Angeles, CA have categorized 1508 Gravois Avenue as a residential type of property. The home was built in 1929 and is 95 years old. The property's lot size has been calculated to be 4,055 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 400 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 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 is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1508 Gravois Avenue has a total of 1,048 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 is only one available parking space, so if you need more, you may need to find some alternatives. 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 gable style roof that was made of composition shingle. Lots of stucco were used in the construction of the exterior walls of the home. The home's floor/wall 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, 1508 Gravois Avenue was last sold in Apr 12, 2013 for $275,000. According to our calculations, that's $262.40 per sqft. Prior to that sales transaction, the property was sold for $182,000 in Oct 16, 2012. Current property owners are expected to pay $4,411 in taxes per year. The property on 1508 Gravois Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $325,483. To break that down further, the land itself was valued at $190,438. While improvements to the property were assessed at a total of $135,045. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1929
  • Effective Year Built: 1929
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,055
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,048
  • Building Area: 1,048
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,048
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 7812
  • Land Acres: 0.093
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 7812 LOT/SEC 368

Ownership

  • Current Owner : AVALOS JOSE
  • Current Owner 2: AVALOS ROSA MARIA
  • Previous Owner : WEDGEWOOD COMMUNITY FUND II LLC
  • Owner Before Previous Owner: HURTADO ARMANDO
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 530603

Zoning

  • Zoning: LCR3*

Geography

  • Assessors Map Reference: 45-D2
  • Subdivision Tract Number: 7812
  • Parcel: 5226-014-022
  • Lot: 368
  • Municipality: EAST /EAST L.A. NO.
  • Latitude: 34.0587
  • Longitude: -118.173

    Address

  • Full Address: 1508 Gravois Ave
  • Address - House Number: 1508
  • Address - Street Name: Gravois
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C044
  • 4-Digit Zip Code: 1112
  • Zip Code: 90063

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,411
  • Tax Rate Code Area: 00-964

    Appraisal Valuation

  • Standard Deviation: 0.2302
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 720,782
  • High Value: 886,746
  • Low Value: 554,818

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $270,019
  • First Open Lien Mortgage Lender: SECURITY NATIONAL MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Apr 25, 2013
  • First Open Lien Mortgage Loan Amount: $270,019
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2043

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $325,483
  • Assessed Land Value: $190,438
  • Assessed Improvements Value: $135,045

    Sales

  • Current Sale Contract Date: Apr 12, 2013
  • Current Sale Recording Date: Apr 25, 2013
  • Current Sale Transaction ID: 1034938770
  • Current Sale Price: $275,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 13-0623047
  • Previous Sale Recording Date: Oct 25, 2012
  • Previous Sale Contract Date: Oct 16, 2012
  • Previous Sale Amount: $182,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: SECURITY NATIONAL MORTGAGE CO
  • First Mortgage Transaction Date: Apr 25, 2013
  • First Mortgage Loan Amount: $270,019
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2043

About East Los Angeles



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Frequently Asked Questions

What neighborhood is 1508 Gravois Avenue located in?
The 1508 Gravois Avenue is a located in the neighborhood of East Los Angeles in East Los Angeles, Los Angeles.
What is the average sales price for listings in 1508 Gravois Avenue?
The average sales price for units in 1508 Gravois Avenue is $0 currently.

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