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1651 Fairburn Avenue

1651 Fairburn Avenue, Los Angeles, CA 90024
House in Westwood
Sold Mar 11, 2022
$4,290,000
Sold Jul 15, 2016
$1,575,000
$787,000 by Lone Oak Fund Llc
Mortgage
Local assessors in Los Angeles, CA have categorized 1651 Fairburn Avenue as a residential type of property. The home was built in 1932 and is 92 years old. The property's lot size has been calculated to be 6,324 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Spanish style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 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 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1651 Fairburn Avenue has a total of 1,914 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 - C. The building has a gable style roof that was made of tile. Lots of stucco were used in the construction of the exterior walls of the home. The home's a central 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, 1651 Fairburn Avenue was last sold in Feb 17, 2022 for $4,290,000. According to our calculations, that's $2,241.38 per sqft. Prior to that sales transaction, the property was sold for $1,575,000 in Jun 8, 2016. Current property owners are expected to pay $36,289 in taxes per year. The property on 1651 Fairburn Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $4,375,800. To break that down further, the land itself was valued at $3,060,000. While improvements to the property were assessed at a total of $1,315,800. 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. 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.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: 1932
  • Effective Year Built: 1932
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Spanish
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,324
  • Lot Size Depth Feet: 580
  • Total Building Area: 1,914
  • Building Area: 1,914
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,914
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 4677
  • Land Acres: 0.145
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 4677 LOT/SEC 1 BLK/DIV/TWN 25

Ownership

  • Current Owner : FAIRBURN CORP
  • Previous Owner : AVENUE 1651 FAIRBURN
  • Owner Before Previous Owner: SHIRAZI ALIREZA
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 265601

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 41-F2
  • Subdivision Tract Number: 4677
  • Parcel: 4326-027-001
  • Block: 25
  • Lot: 1
  • Municipality: WEST /WESTWOOD SOUTH
  • Latitude: 34.0561
  • Longitude: -118.429

    Address

  • Full Address: 1651 Fairburn Ave
  • Address - House Number: 1651
  • Address - Street Name: Fairburn
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C049
  • 4-Digit Zip Code: 6059
  • Zip Code: 90024

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $36,289
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 2,371,994
  • High Value: 2,901,893
  • Low Value: 1,842,095

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,375,800
  • Assessed Land Value: $3,060,000
  • Assessed Improvements Value: $1,315,800

    Sales

  • Current Sale Contract Date: Feb 17, 2022
  • Current Sale Recording Date: Mar 11, 2022
  • Current Sale Transaction ID: 11881465244
  • Current Sale Price: $4,290,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 287683
  • Previous Sale Recording Date: Jul 15, 2016
  • Previous Sale Contract Date: Jun 08, 2016
  • Previous Sale Amount: $1,575,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: LONE OAK FUND LLC
  • Previous Mortgage Transaction Date: Jul 15, 2016
  • Previous Mortgage Loan Amount: $787,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Stand Alone First

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Frequently Asked Questions

What neighborhood is 1651 Fairburn Avenue located in?
The 1651 Fairburn Avenue is a house located in the neighborhood of Westwood in West Los Angeles, Los Angeles.
What is the average sales price for listings in 1651 Fairburn Avenue?
The average sales price for units in 1651 Fairburn Avenue is $0 currently.

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