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1533 West 12th Street

1533 West 12th Street, Los Angeles, CA 90015
Property in Pico Union
Sold Jul 23, 2019
$830,000
Sold Jun 17, 2005
$465,000
$315,000 by Washington Mutual Bank Fa
Mortgage Due Jul 01, 2020
1533 West 12th Street has been categorized by the local assessors in Los Angeles, CA as a residential type of property. The building on the property was first built in 1895 and is 129 years old. The home has a total of 2 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. In addition, 1533 West 12th Street has 1,329 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,245 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. The property was last sold in May 31, 2019 for $830,000. That's $624.53 per sqft. Prior to that sales transaction, the property was also sold in May 11, 2005 for $465,000. 1533 West 12th Street was last assessed in 2023. The total value of the property was assessed at $872,475. Specifically, the land the property is located on was valued at $697,981. While improvements on the property were assessed at a total of $174,494. 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 $10,402. 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. 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: 1895
  • Effective Year Built: 1895
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: D
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,245
  • Total Building Area: 1,329
  • Building Area: 1,329
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,329
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE WILLIAMSON TRACT
  • Land Acres: 0.143
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WILLIAMSON TRACT LOT/SEC 12 BLK/DIV/TWN 4

Ownership

  • Current Owner : 1018 EAST MORTON LLC
  • Previous Owner : KIM YONG MAN
  • Owner Before Previous Owner: THE WEST 12TH STREET TRUST
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 210010

Zoning

  • Zoning: LAR4

Geography

  • Assessors Map Reference: 44-B3
  • Parcel: 5137-025-014
  • Block: 4
  • Lot: 12
  • Municipality: WEST /WESTLAKE
  • Latitude: 34.0461
  • Longitude: -118.275

    Address

  • Full Address: 1533 W 12th St
  • Address - House Number: 1533
  • Street Direction: W
  • Address - Street Name: 12th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C055
  • 4-Digit Zip Code: 2012
  • Zip Code: 90015

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,402
  • Tax Rate Code Area: 00-029

    Appraisal Valuation

  • Standard Deviation: 0.2212
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,018,454
  • High Value: 1,243,821
  • Low Value: 793,086

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $872,475
  • Assessed Land Value: $697,981
  • Assessed Improvements Value: $174,494

    Sales

  • Current Sale Contract Date: May 31, 2019
  • Current Sale Recording Date: Jul 23, 2019
  • Current Sale Transaction ID: 11625411706
  • Current Sale Price: $830,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 19-0718707
  • Previous Sale Recording Date: Jun 17, 2005
  • Previous Sale Contract Date: May 11, 2005
  • Previous Sale Amount: $465,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MCALISTER FAMILY TRUST
  • First Mortgage Transaction Date: Jul 23, 2019
  • First Mortgage Loan Amount: $664,000
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Aug 01, 2020

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • Previous Mortgage Transaction Date: Jun 17, 2005
  • Previous Mortgage Loan Amount: $315,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Jul 01, 2020

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Frequently Asked Questions

What neighborhood is 1533 West 12th Street located in?
The 1533 West 12th Street is a located in the neighborhood of Pico Union in Central LA, Los Angeles.
What is the average sales price for listings in 1533 West 12th Street?
The average sales price for units in 1533 West 12th Street is $0 currently.

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