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1631 South Corning Street

1631 South Corning Street, Los Angeles, CA 90035
House in Crestview
Sold Sep 04, 2020
$2,400,000
$1,000,000 by Bank Of America Na
Mortgage Due May 01, 2052
Sold Apr 30, 2019
$1,261,000
$1,575,570 by Goldman Sachs Bank Usa
Mortgage
Local assessors in Los Angeles, CA have categorized 1631 South Corning Street as a residential type of property. The home was built in 1926 and is 98 years old. It was most recently renovated and altered in 1927. The property's lot size has been calculated to be 6,252 square feet. The linear feet between the front and back of the lot was measured at 1,250 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 Tudor style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 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. 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 1631 South Corning Street has a total of 1,196 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1631 South Corning Street sold most recently in Aug 27, 2020 for a total of $2,400,000. If you work out the math, that's approximately a cost of $2,006.69 per sqft. Before that, the property was also sold for $1,261,000 in Mar 12, 2019. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $28,847 in taxes each year. 1631 South Corning Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,496,960. If we break it down further, the land itself was valued at $1,248,480. Improvements to the property, however, were assessed at a total of $1,248,480. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Driveway

Driveway

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1927
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Tudor
  • 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: 6,252
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,196
  • Building Area: 1,196
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,196
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 7385
  • Land Acres: 0.144
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 7385 LOT/SEC 253

Ownership

  • Current Owner : SHANDLING ARI
  • Current Owner 2: SHANDLING ARIELA
  • Previous Owner : LA19G LLC
  • Owner Before Previous Owner: SADGAN FAMILY TRUST
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 217002

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 42-D3
  • Subdivision Tract Number: 7385
  • Parcel: 4303-030-019
  • Lot: 253
  • Municipality: WEST /BEVERLYWOOD
  • Latitude: 34.0485
  • Longitude: -118.379

    Address

  • Full Address: 1631 S Corning St
  • Address - House Number: 1631
  • Street Direction: S
  • Address - Street Name: Corning
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C025
  • 4-Digit Zip Code: 3603
  • Zip Code: 90035

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $28,847
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2295
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 68
  • Final Value: 2,123,662
  • High Value: 2,611,083
  • Low Value: 1,636,241

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,000,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: May 04, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,000,000
  • 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: May 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,496,960
  • Assessed Land Value: $1,248,480
  • Assessed Improvements Value: $1,248,480

    Sales

  • Current Sale Contract Date: Aug 27, 2020
  • Current Sale Recording Date: Sep 04, 2020
  • Current Sale Transaction ID: 11785390191
  • Current Sale Price: $2,400,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-1060536
  • Previous Sale Recording Date: Apr 30, 2019
  • Previous Sale Contract Date: Mar 12, 2019
  • Previous Sale Amount: $1,261,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: GOLDMAN SACHS BANK USA
  • Previous Mortgage Transaction Date: Apr 30, 2019
  • Previous Mortgage Loan Amount: $1,575,570
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan

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Frequently Asked Questions

What neighborhood is 1631 South Corning Street located in?
The 1631 South Corning Street is a house located in the neighborhood of Crestview in West Los Angeles, Los Angeles.
What is the average sales price for listings in 1631 South Corning Street?
The average sales price for units in 1631 South Corning Street is $0 currently.

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