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1563 East 53rd Street

1563 East 53rd Street, Los Angeles, CA 90011
Sold Oct 13, 2022
$1,200,000
$250,000 by Habib American Bank
Mortgage
Sold Sep 19, 2019
$350,000
Local assessors in Los Angeles, CA have categorized 1563 East 53rd Street as a residential type of property. The home was built in 2020 and is 4 years old. The property's lot size has been calculated to be 5,538 square feet. The linear feet between the front and back of the lot was measured at 1,380 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 duplex style. 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, 8 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 4 full bathrooms. There are also 4 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 1563 East 53rd Street has a total of 3,471 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 - A. 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, 1563 East 53rd Street was last sold in Sep 13, 2022 for $1,200,000. According to our calculations, that's $345.72 per sqft. Prior to that sales transaction, the property was sold for $350,000 in Sep 16, 2019. Current property owners are expected to pay $4,438 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2019. The property on 1563 East 53rd Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,200,000. To break that down further, the land itself was valued at $700,000. While improvements to the property were assessed at a total of $500,000. 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. 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. 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: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Bedroom Count: 8
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Duplex
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,538
  • Lot Size Depth Feet: 1,380
  • Lot Size Frontage Feet: 400
  • Total Building Area: 3,471
  • Building Area: 3,471
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 3,471
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STUKEY RUFUS J TR
  • Land Acres: 0.127
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: RUFUS J STUKEY TRACT LOT/SEC 109

Ownership

  • Current Owner : JBB FAMILY TRUST
  • Previous Owner : DI NALLI CONSULTING LLC
  • Owner Before Previous Owner: FANNIE MAE
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 228800

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 52-D3
  • Parcel: 5105-002-031
  • Lot: 109
  • Municipality: SOUTH /L.A./FLORENCE
  • Latitude: 33.995
  • Longitude: -118.246

    Address

  • Full Address: 1563 E 53rd St
  • Address - House Number: 1563
  • Street Direction: E
  • Address - Street Name: 53rd
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C048
  • 4-Digit Zip Code: 5009
  • Zip Code: 90011

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,438
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 00-007

    Appraisal Valuation

  • Standard Deviation: 0.2355
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 67
  • Final Value: 1,018,271
  • High Value: 1,258,093
  • Low Value: 778,448

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $250,000
  • First Open Lien Mortgage Lender: HABIB AMERICAN BANK
  • First Open Lien Mortgage Recording Date: Oct 13, 2022
  • First Open Lien Mortgage Loan Amount: $250,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,200,000
  • Assessed Land Value: $700,000
  • Assessed Improvements Value: $500,000

    Sales

  • Current Sale Contract Date: Sep 13, 2022
  • Current Sale Recording Date: Oct 13, 2022
  • Current Sale Transaction ID: 11896939979
  • Current Sale Price: $1,200,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 984946
  • Previous Sale Recording Date: Sep 19, 2019
  • Previous Sale Contract Date: Sep 16, 2019
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HABIB AMERICAN BANK
  • First Mortgage Transaction Date: Oct 13, 2022
  • First Mortgage Loan Amount: $250,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About South LA



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Frequently Asked Questions

What neighborhood is 1563 East 53rd Street located in?
The 1563 East 53rd Street is a house located in the neighborhood of Central Alameda in South LA, Los Angeles.
What is the average sales price for listings in 1563 East 53rd Street?
The average sales price for units in 1563 East 53rd Street is $0 currently.

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