Check Availability

1642 East 23rd Street

1642 East 23rd Street, Los Angeles, CA 90011
Property in South Central LA
1642 East 23rd Street has been categorized by the local assessors in Los Angeles, CA as a industrial type of property. The building on the property was first built in 1962 and is 62 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1642 East 23rd Street has 4,750 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,550 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 5,999 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. We know that this is 3 code building. This code stands for "buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame". 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 masonry control joints. The roof of the building is made of roll composition. The exterior walls of the building are made of tilt-up (pre-cast concrete). The property was last sold in May 16, 2017 for $3,290,000. That's $692.63 per sqft. Prior to that sales transaction, the property was also sold in Aug 20, 2013 for $1,900,000. 1642 East 23rd Street was last assessed in 2023. The total value of the property was assessed at $1,037,426. Specifically, the land the property is located on was valued at $369,234. While improvements on the property were assessed at a total of $668,192. 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 $12,518. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Bedroom Count: 0
  • Construction Type: Masonry
  • Exterior Walls Type: Tilt-up (pre-cast concrete)
  • Roof Cover Type: Roll composition
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,999
  • Lot Size Depth Feet: 1,550
  • Lot Size Frontage Feet: 400
  • Total Building Area: 4,750
  • Gross Building Area: 4,750
  • Building Area: 4,750
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,750
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Exterior non-combustible materials/Interior combustible materials
  • Property Class: Industrial
  • Subdivision: STRONG & DICKINSON COMPTON AVENUE TRACT
  • Land Acres: 0.138
  • Standard Land Use Code: Light industrial
  • Legal Description 1: STRONG AND DICKINSONS COMPTON AVE TRACT LOT/SEC 64

Ownership

  • Current Owner : CC 1 PROPERTY LLC
  • Previous Owner : LEE JOHN JUN
  • Owner Before Previous Owner: YEE KENNETH
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 227010

Zoning

  • Zoning: LAM1

Geography

  • Assessors Map Reference: 52-D1
  • Parcel: 5118-021-014
  • Lot: 64
  • Municipality: EAST /CENTRAL LA
  • Latitude: 34.0159
  • Longitude: -118.245

    Address

  • Full Address: 1642 E 23rd St
  • Address - House Number: 1642
  • Street Direction: E
  • Address - Street Name: 23rd
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C033
  • 4-Digit Zip Code: 1804
  • Zip Code: 90011

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,518
  • Tax Rate Code Area: 06-658

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $400,000
  • First Open Lien Mortgage Lender: PACIFIC CITY BANK
  • First Open Lien Mortgage Recording Date: Oct 04, 2017
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $400,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,037,426
  • Assessed Land Value: $369,234
  • Assessed Improvements Value: $668,192

    Sales

  • Current Sale Contract Date: May 16, 2017
  • Current Sale Recording Date: May 23, 2017
  • Current Sale Transaction ID: 1811911628
  • Current Sale Price: $3,290,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 17-0567570
  • Previous Sale Recording Date: Aug 27, 2013
  • Previous Sale Contract Date: Aug 20, 2013
  • Previous Sale Amount: $1,900,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: May 23, 2017
  • First Mortgage Loan Amount: $2,011,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Aug 27, 2013
  • Previous Mortgage Loan Amount: $1,400,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About South LA



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 1855 Industrial St, Los Angeles, CA, 90021

$5,000 /mo

  • 2 Beds
  • 1 Bath
  • 1,598 ft²
1855 Industrial St #406, Los Angeles, CA, 90021 Listing by Anh Tran
Unit for rent at 652 Mateo St, Los Angeles, CA, 90021

$3,800 /mo

  • 1 Bed
  • 1 Bath
  • 1,550 ft²
652 Mateo St #202, Los Angeles, CA, 90021 Listing by David Lukan
Unit for rent at 1855 E Industrial St, Los Angeles, CA, 90021

$3,550 /mo

  • 1 Bed
  • 1 Bath
  • 1,000 ft²
1855 E Industrial St #421, Los Angeles, CA, 90021 Listing by Yvonne Neustadter
Unit for rent at 171 47th Pl, Los Angeles, CA, 90037

$1,395 /mo

  • Studio
  • 1 Bath
171 47th Pl, Los Angeles, CA, 90037 Listing by George Morales
Unit for rent at 1002 E 33rd St, Los Angeles, CA, 90011

$3,199 /mo

  • 3 Beds
  • 3 Baths
  • 1,400 ft²
1002 E 33rd St #2, Los Angeles, CA, 90011 Listing by Mark Farhad Yusupov
Unit for rent at 3722 Wall St, LOS ANGELES, CA, 90011

$2,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,151 ft²
3722 Wall St, LOS ANGELES, CA, 90011 Listing by Dae Young Hur
Unit for rent at 2349 S Santa Fe Ave, Los Angeles, CA, 90058

$4,650 /mo

  • Studio
  • 1 Bath
  • 1,771 ft²
2349 S Santa Fe Ave #241513, Los Angeles, CA, 90058 Listing by Aaron Gill

Frequently Asked Questions

What neighborhood is 1642 East 23rd Street located in?
The 1642 East 23rd Street is a located in the neighborhood of South Central LA in South LA, Los Angeles.
What is the average sales price for listings in 1642 East 23rd Street?
The average sales price for units in 1642 East 23rd Street is $0 currently.

Quantcast