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1643 Selby Avenue

1643 Selby Avenue, Los Angeles, CA 90024
Multifamily in Westwood
1 Units For Sale
Unit for sale at 1643 Selby Ave, Los Angeles, CA 90024

$1,999,999 In Contract

  • 7 Beds
1643 Selby Ave, Los Angeles, CA 90024 Listing by Alex 'Zan' Sacker

Local assessors in Los Angeles, CA have categorized 1643 Selby Avenue as a residential type of property. The home was built in 1950 and is 74 years old. The property's lot size has been calculated to be 6,239 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a quadplex 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, 7 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. If we look only at the heated or air conditioned part of the building, then 1643 Selby Avenue has a total of 4,215 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. 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, 1643 Selby Avenue sold most recently in Oct 23, 2023 for a total of $2,155,000. If you work out the math, that's approximately a cost of $511.27 per sqft. Before that, the property was also sold for $1,650,000 in Apr 25, 2023. 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 $2,452 in taxes each year. 1643 Selby Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $160,182. If we break it down further, the land itself was valued at $114,498. Improvements to the property, however, were assessed at a total of $45,684. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!

Building Features

Exterior

Stucco Exterior

Parking

Attached Garage
Detached Garage

Condition

New Construction
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20211102
11/02/2021
Studio
-
-
$1,999,999
bedrooms
Studio
bathrooms
-
-
-
-
Alex 'Zan' Sacker
Keller Williams-Santa Monica
20210426
04/26/2021
Loft
-
-
$5,399,000
bedrooms
Loft
bathrooms
-
-
-
-
Ann Michele Brown
Keller Williams South Bay

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 2
  • Bedroom Count: 7
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Quadplex
  • Living Units: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,239
  • Total Building Area: 4,215
  • Gross Building Area: 4,215
  • Building Area: 4,215
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 4,215
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 7803
  • Land Acres: 0.143
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • Legal Description 1: TRACT # 7803 LOT/SEC 27 BLK/DIV/TWN 13

Ownership

  • Current Owner : VERA LA LLC
  • Previous Owner : LUXUM CAPITAL FUND I LLC
  • Owner Before Previous Owner: PACIFIC COAST FINANCIAL LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 265523

Zoning

  • Zoning: LARD1.5

Geography

  • Assessors Map Reference: 41-E3
  • Subdivision Tract Number: 7803
  • Parcel: 4325-025-026
  • Block: 13
  • Lot: 27
  • Municipality: WEST /WESTWOOD
  • Latitude: 34.0534
  • Longitude: -118.437

    Address

  • Full Address: 1643 Selby Ave
  • Address - House Number: 1643
  • Address - Street Name: Selby
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C013
  • 4-Digit Zip Code: 5715
  • Zip Code: 90024

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,452
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.0676
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 96
  • Final Value: 2,242,995
  • High Value: 2,394,779
  • Low Value: 2,091,210

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $160,182
  • Assessed Land Value: $114,498
  • Assessed Improvements Value: $45,684

    Sales

  • Current Sale Contract Date: Oct 23, 2023
  • Current Sale Recording Date: Oct 31, 2023
  • Current Sale Transaction ID: 11915164800
  • Current Sale Price: $2,155,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 743404
  • Previous Sale Recording Date: May 15, 2023
  • Previous Sale Contract Date: Apr 25, 2023
  • Previous Sale Amount: $1,650,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: BERCHENKO EUGENE
  • Previous Mortgage Transaction Date: May 15, 2023
  • Previous Mortgage Loan Amount: $1,440,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About West Los Angeles



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Frequently Asked Questions

What neighborhood is 1643 Selby Avenue located in?
The 1643 Selby Avenue is a multifamily located in the neighborhood of Westwood in West Los Angeles, Los Angeles.
How many listings are currently for sale in 1643 Selby Avenue?
There is one unit for sale right now.
What is the average sales price for listings in 1643 Selby Avenue?
The average sales price for units in 1643 Selby Avenue is $1,999,999 currently.

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