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1549 West 85th Street

1549 West 85th Street, Los Angeles, CA 90047
Sold Dec 08, 2022
$1,800,000
$1,350,000 by First Foundation Bank
Mortgage Due Jan 01, 2053
Sold Mar 12, 2021
$620,000
$700,000 by Kent H Azaren M D
Mortgage
Local assessors in Los Angeles, CA have categorized 1549 West 85th Street as a residential type of property. The home was built in 2022 and is 2 years old. The property's lot size has been calculated to be 6,739 square feet. The linear feet between the front and back of the lot was measured at 1,350 ft and the front of the lot was measured at 500 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 6 rooms in the home. Of these, 10 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 6 full bathrooms. There are also 6 partial bathrooms. 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 1549 West 85th Street has a total of 4,757 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. The home sources its water from a municipal system. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is fair. 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 - A. The building has a gable style roof that was made of wood shake/ shingles. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1549 West 85th Street was last sold in Sep 9, 2022 for $1,800,000. According to our calculations, that's $378.39 per sqft. Prior to that sales transaction, the property was sold for $620,000 in Mar 11, 2021. Current property owners are expected to pay $7,647 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2020. The property on 1549 West 85th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,800,000. To break that down further, the land itself was valued at $800,000. While improvements to the property were assessed at a total of $1,000,000. 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. 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 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: 2022
  • Building Count: 2
  • Total Rooms: 6
  • Bedroom Count: 10
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Condition: Fair
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,739
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 500
  • Total Building Area: 4,757
  • Building Area: 4,757
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 4,757
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 4511
  • Land Acres: 0.155
  • Standard Land Use Code: Triplex (3 units, any combination)
  • Legal Description 1: TRACT NO 4511 LOT/SEC 649

Ownership

  • Current Owner : CND PARTNERS LLC
  • Previous Owner : OCEAN DEVELOPMENT INC
  • Owner Before Previous Owner: BROADMOOR DEVELOPMENT LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 238200

Zoning

  • Zoning: LARD2

Geography

  • Assessors Map Reference: 57-E1
  • Subdivision Tract Number: 4511
  • Parcel: 6034-027-024
  • Lot: 649
  • Municipality: WEST /HYDE PARK
  • Latitude: 33.9612
  • Longitude: -118.304

    Address

  • Full Address: 1549 W 85th St
  • Address - House Number: 1549
  • Street Direction: W
  • Address - Street Name: 85th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C065
  • 4-Digit Zip Code: 5415
  • Zip Code: 90047

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,647
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 00-212

    Appraisal Valuation

  • Standard Deviation: 0.1159
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 76
  • Final Value: 626,840
  • High Value: 699,498
  • Low Value: 554,181

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,350,000
  • First Open Lien Mortgage Lender: FIRST FOUNDATION BANK
  • First Open Lien Mortgage Recording Date: Dec 08, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,350,000
  • 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: Jan 01, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,800,000
  • Assessed Land Value: $800,000
  • Assessed Improvements Value: $1,000,000

    Sales

  • Current Sale Contract Date: Sep 09, 2022
  • Current Sale Recording Date: Dec 08, 2022
  • Current Sale Transaction ID: 11899436258
  • Current Sale Price: $1,800,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 1147605
  • Previous Sale Recording Date: Mar 12, 2021
  • Previous Sale Contract Date: Mar 11, 2021
  • Previous Sale Amount: $620,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST FOUNDATION BANK
  • First Mortgage Transaction Date: Dec 08, 2022
  • First Mortgage Loan Amount: $1,350,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: KENT H AZAREN M D
  • Previous Mortgage Transaction Date: Mar 12, 2021
  • Previous Mortgage Loan Amount: $700,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Stand Alone Second

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Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath
  • 600 ft²
Listing by Annie Kim
Unit for rent at

$1,995 /mo

  • 2 Beds
  • 1.5 Baths
  • 850 ft²
Listing by Manager
Unit for rent at

$2,100 /mo

  • 2 Beds
  • 1 Bath
Listing by Manager
Unit for rent at

$2,099 /mo

  • 2 Beds
  • 1 Bath
Listing by Manager
Unit for rent at

$1,895 /mo

  • 2 Beds
  • 1 Bath
  • 650 ft²
Listing by Manager
Unit for rent at

$1,795 /mo

  • 1 Bed
  • 1 Bath
Listing by Manager

Frequently Asked Questions

What neighborhood is 1549 West 85th Street located in?
The 1549 West 85th Street is a other located in the neighborhood of Manchester Square in South LA, Los Angeles.
What is the average sales price for listings in 1549 West 85th Street?
The average sales price for units in 1549 West 85th Street is $0 currently.

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