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1862 West 20th Street

1862 West 20th Street, Los Angeles, CA 90007
Property in Pico Union
Sold Feb 01, 2023
$1,325,000
$1,300,000 by Financial Partners Cu
Mortgage
Sold Aug 13, 2010
Transfer
$357,500 by East West Bank
Mortgage
1862 West 20th Street 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 1965 and is 59 years old. The home has a total of 9 bedrooms. Residents will have access to 9 full bathrooms. There are 9 partial bathrooms in the home. In addition, 1862 West 20th Street has 5,481 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 6,694 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. 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. The inside of the home is being cooled with air conditioning at the moment. 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, 1862 West 20th Street was last sold in Dec 1, 2022 for $1,325,000. According to our calculations, that's $241.74 per sqft. Current property owners are expected to pay $8,803 in taxes per year. The property on 1862 West 20th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $677,275. To break that down further, the land itself was valued at $430,994. While improvements to the property were assessed at a total of $246,281. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Bedroom Count: 9
  • Bathroom Count: 9
  • Full Bathrooms: 9
  • Partial Bathrooms: 9
  • Building Quality: B
  • Construction Type: Wood
  • Living Units: 8
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,694
  • Total Building Area: 5,481
  • Gross Building Area: 5,481
  • Building Area: 5,481
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 5,481
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BONITO TRACT
  • Land Acres: 0.154
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Personal property general
  • Legal Description 1: BONITO TRACT LOT/SEC 46

Ownership

  • Current Owner : 1862 20TH MANAGEMENT LLC
  • Previous Owner : MARTINEZ FAMILY LIVING TRUST
  • Owner Before Previous Owner: DUCKWORTH JEFFERSON
  • Owner Before Previous Owner 2: DUCKWORTH JOY
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 221602

Zoning

  • Zoning: LAR3

Geography

  • Assessors Map Reference: 43-E4
  • Parcel: 5075-030-006
  • Lot: 46
  • Municipality: WEST /ADAMS/JEFF PARK
  • Latitude: 34.0379
  • Longitude: -118.299

    Address

  • Full Address: 1862 W 20th St
  • Address - House Number: 1862
  • Street Direction: W
  • Address - Street Name: 20th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C017
  • 4-Digit Zip Code: 1163
  • Zip Code: 90007

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,803
  • Tax Rate Code Area: 00-210

    Appraisal Valuation

  • Standard Deviation: 0.2231
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 55
  • Final Value: 793,983
  • High Value: 971,141
  • Low Value: 616,824

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,300,000
  • First Open Lien Mortgage Lender: FINANCIAL PARTNERS CU
  • First Open Lien Mortgage Recording Date: Oct 18, 2023
  • First Open Lien Mortgage Loan Amount: $1,300,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $677,275
  • Assessed Land Value: $430,994
  • Assessed Improvements Value: $246,281

    Sales

  • Current Sale Contract Date: Dec 01, 2022
  • Current Sale Recording Date: Feb 01, 2023
  • Current Sale Transaction ID: 11901632569
  • Current Sale Price: $1,325,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 66187
  • Previous Sale Recording Date: Aug 13, 2010
  • Previous Sale Contract Date: Jun 01, 2010
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BRC COMMERCIAL BRIDGE FUND LLC
  • First Mortgage Transaction Date: Feb 01, 2023
  • First Mortgage Loan Amount: $1,140,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • Second Mortgage Loan Amount: $142,500

    Previous Mortgages

  • Previous Mortgage Lender: EAST WEST BANK
  • Previous Mortgage Transaction Date: Aug 13, 2010
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $357,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Central LA



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Frequently Asked Questions

What neighborhood is 1862 West 20th Street located in?
The 1862 West 20th Street is a located in the neighborhood of Pico Union in Central LA, Los Angeles.
What is the average sales price for listings in 1862 West 20th Street?
The average sales price for units in 1862 West 20th Street is $0 currently.

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