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165 South Wilton Place

165 South Wilton Place, Los Angeles, CA 90004
Property in Greater Wilshire
Sold Jan 28, 2010
$1,000,000
$548,250 by Preferred Ventures Corp
Mortgage Due Mar 01, 2036
Sold May 20, 1999
$385,000
$346,500 by Bank Of America
Mortgage Due Jun 01, 2029
165 South Wilton Place has been categorized by the local assessors in Los Angeles, CA as a residential type of property. The building on the property was first built in 1919 and is 105 years old. However, we must point out that the home was most recently renovated and altered in 1926. The home has a total of 10 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 165 South Wilton Place has 2,737 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 1,400 ft and across the front of the lot is 520 ft. The area measurement of the land has been determined as 7,767 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. For the features and amenities located on the property. There is a attached garage for those who require parking. According to our sources, there is one available parking space. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. 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 wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Jan 17, 2010 for $1,000,000. That's $365.36 per sqft. Prior to that sales transaction, the property was also sold in May 11, 1999 for $385,000. 165 South Wilton Place was last assessed in 2023. The total value of the property was assessed at $1,199,832. Specifically, the land the property is located on was valued at $915,471. While improvements on the property were assessed at a total of $284,361. 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 $14,038. 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! 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.

Building Info

Overview

    General

  • Year Built: 1919
  • Effective Year Built: 1926
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,767
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 520
  • Total Building Area: 2,737
  • Building Area: 2,737
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,737
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 232
  • Land Acres: 0.178
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 232 (EX OF STS) LOT/SEC 26

Ownership

  • Current Owner : SCHNEIDER STEPHEN
  • Current Owner 2: SCHNEIDER NORMAN
  • Previous Owner : MCMILLAN RONALD C
  • Owner Before Previous Owner: KIM HYEONG SEOK
  • Owner Before Previous Owner 2: KIM KUN CHA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 211500

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 34-D6
  • Subdivision Tract Number: 232
  • Parcel: 5516-015-005
  • Lot: 26
  • Municipality: WEST /HANCOCK PARK
  • Latitude: 34.0717
  • Longitude: -118.314

    Address

  • Full Address: 165 S Wilton Pl
  • Address - House Number: 165
  • Street Direction: S
  • Address - Street Name: Wilton
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C004
  • 4-Digit Zip Code: 4909
  • Zip Code: 90004

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,038
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2243
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 2,095,960
  • High Value: 2,566,290
  • Low Value: 1,625,630

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,087,250
  • First Open Lien Mortgage Lender: PREFERRED VENTURES CORP
  • First Open Lien Mortgage Recording Date: Feb 25, 2021
  • First Open Lien Mortgage Loan Amount: $548,250
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2036
  • Second Open Lien Mortgage Lender: PREFERRED VENTURES CORP
  • Second Open Lien Mortgage Recording Date: Aug 31, 2021
  • Second Open Lien Mortgage Loan Amount: $539,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Sep 01, 2036

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,199,832
  • Assessed Land Value: $915,471
  • Assessed Improvements Value: $284,361

    Sales

  • Current Sale Contract Date: Jan 17, 2010
  • Current Sale Recording Date: Jan 28, 2010
  • Current Sale Transaction ID: 1032675651
  • Current Sale Price: $1,000,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 10-0123983
  • Previous Sale Recording Date: May 20, 1999
  • Previous Sale Contract Date: May 11, 1999
  • Previous Sale Amount: $385,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jan 28, 2010
  • First Mortgage Loan Amount: $600,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2040

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA
  • Previous Mortgage Transaction Date: May 20, 1999
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $346,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jun 01, 2029

About Central LA



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Frequently Asked Questions

What neighborhood is 165 South Wilton Place located in?
The 165 South Wilton Place is a located in the neighborhood of Greater Wilshire in Central LA, Los Angeles.
What is the average sales price for listings in 165 South Wilton Place?
The average sales price for units in 165 South Wilton Place is $0 currently.

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