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1725 Westmoreland Boulevard

1725 Westmoreland Boulevard, Los Angeles, CA 90006
Property in Harvard Heights
Sold Oct 30, 2020
$1,310,000
$1,048,000 by Fairway Independent Mortgage C
Mortgage Due Nov 01, 2050
Sold Mar 21, 2019
$750,000
$425,000 by Imc Mortgage Corp
Mortgage Due Apr 01, 2049
1725 Westmoreland Boulevard 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 1907 and is 117 years old. However, we must point out that the home was most recently renovated and altered in 1912. The home has a total of 5 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. In addition, 1725 Westmoreland Boulevard has 2,732 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 8,062 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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 B by the local assessor. In terms of heating, it is utilizing floor/wall heating system. 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, 1725 Westmoreland Boulevard sold most recently in Sep 18, 2020 for a total of $1,310,000. If you work out the math, that's approximately a cost of $479.50 per sqft. Before that, the property was also sold for $750,000 in Mar 15, 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 $15,991 in taxes each year. The initial year of tax delinquency occurred in 2019. 1725 Westmoreland Boulevard was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,362,923. If we break it down further, the land itself was valued at $1,085,969. Improvements to the property, however, were assessed at a total of $276,954. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1907
  • Effective Year Built: 1912
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,062
  • Total Building Area: 2,732
  • Building Area: 2,732
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 2,732
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WESTMORELAND HEIGHTS TRACT
  • Land Acres: 0.185
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WESTMORELAND HEIGHTS TRACT LOT/SEC 20

Ownership

  • Current Owner : ZORBAS GREGORY
  • Current Owner 2: PROM JESSICA
  • Previous Owner : SCHMIDT RICHARD T
  • Previous Owner 2: THE RICHARD T SCHMIDT LIVING T
  • Owner Before Previous Owner: WALLIS STEPHEN R
  • Owner Before Previous Owner 2: EHMANN EILEEN M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 221302

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 43-E4
  • Parcel: 5074-017-012
  • Lot: 20
  • Municipality: WEST /MID-CITY
  • Latitude: 34.042
  • Longitude: -118.307

    Address

  • Full Address: 1725 Westmoreland Blvd
  • Address - House Number: 1725
  • Address - Street Name: Westmoreland
  • Address - Suffix Type: Blvd
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C045
  • 4-Digit Zip Code: 5111
  • Zip Code: 90006

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,991
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 00-210

    Appraisal Valuation

  • Standard Deviation: 0.2286
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 1,523,710
  • High Value: 1,872,155
  • Low Value: 1,175,264

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,048,000
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Oct 30, 2020
  • First Open Lien Mortgage Loan Amount: $1,048,000
  • 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: Nov 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,362,923
  • Assessed Land Value: $1,085,969
  • Assessed Improvements Value: $276,954

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 18, 2020
  • Current Sale Recording Date: Oct 30, 2020
  • Current Sale Transaction ID: 11795789011
  • Current Sale Price: $1,310,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-1370388
  • Previous Sale Recording Date: Mar 21, 2019
  • Previous Sale Contract Date: Mar 15, 2019
  • Previous Sale Amount: $750,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Oct 30, 2020
  • First Mortgage Loan Amount: $1,048,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: IMC MORTGAGE CORP
  • Previous Mortgage Transaction Date: Mar 21, 2019
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $425,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Apr 01, 2049

About South LA



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Frequently Asked Questions

What neighborhood is 1725 Westmoreland Boulevard located in?
The 1725 Westmoreland Boulevard is a located in the neighborhood of Harvard Heights in South LA, Los Angeles.
What is the average sales price for listings in 1725 Westmoreland Boulevard?
The average sales price for units in 1725 Westmoreland Boulevard is $0 currently.

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