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1940 South Bedford Street

1940 South Bedford Street, Los Angeles, CA 90034
Multifamily in La Cienega Heights
1 Units For Sale
Unit for sale at 1940 S BEDFORD ST, LOS ANGELES, CA 90034

$4,895,000

  • Studio
1940 S BEDFORD ST, LOS ANGELES, CA 90034 Listing by Jimmy Heckenberg

1940 South Bedford Street in Los Angeles, CA was first built in 1930 and is 94 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a Spanish style. It is a single story home. There are a total of 7 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1940 South Bedford Street has 1,157 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 450 ft and the linear feet between the front and back of the lot is 1,400. In total, the area measurement of the land is 6,299 square feet.

Learn more about the property and building on this page. The home has a flat style roof made of roll composition. Water for the property is sourced from a municipal system. For those who need parking, there is a detached garage. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. The exterior walls of the home are made of stucco. As for heating, the home is utilizing floor/wall heating system. The property was last sold in Apr 21, 2016 for $820,000. That's $708.73 per sqft. Prior to that sales transaction, the property was also sold in Jul 28, 2008 for $521,000. 1940 South Bedford Street was last assessed in 2023. The total value of the property was assessed at $3,514,644. Specifically, the land the property is located on was valued at $914,724. While improvements on the property were assessed at a total of $2,599,920. 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 $40,383. The initial tax year of delinquency was in 2019. 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.

Building Features

Parking

Tandem Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200312
03/12/2020
12 Bed
13.5 Bath
9900 ft²
$4,995,000
bedrooms
12 Bed
bathrooms
13.5 Bath
square feet
9900 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Spanish
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Flat
  • Roof Cover Type: Roll composition
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,299
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 450
  • Total Building Area: 1,157
  • Building Area: 1,157
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,157
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 1250
  • Land Acres: 0.145
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 1250 LOT/SEC 137

Ownership

  • Current Owner : GRIMBERG GUY
  • Current Owner 2: GRIMBERG MICHELLE
  • Previous Owner : MARLIN ERIN MICHELLE
  • Owner Before Previous Owner: MILLER PAULINE J
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 269602

Zoning

  • Zoning: LARD2

Geography

  • Assessors Map Reference: 42-D4
  • Subdivision Tract Number: 1250
  • Parcel: 4302-024-019
  • Lot: 137
  • Municipality: WEST /BEVERLYWOOD
  • Latitude: 34.0427
  • Longitude: -118.383

    Address

  • Full Address: 1940 S Bedford St
  • Address - House Number: 1940
  • Street Direction: S
  • Address - Street Name: Bedford
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C026
  • 4-Digit Zip Code: 1308
  • Zip Code: 90034

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $40,383
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2289
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 68
  • Final Value: 2,768,474
  • High Value: 3,402,211
  • Low Value: 2,134,738

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,000,000
  • First Open Lien Mortgage Lender: MFT LLC
  • First Open Lien Mortgage Recording Date: Jun 29, 2022
  • First Open Lien Mortgage Loan Amount: $1,000,000
  • 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: $3,514,644
  • Assessed Land Value: $914,724
  • Assessed Improvements Value: $2,599,920

    Sales

  • Current Sale Contract Date: Apr 21, 2016
  • Current Sale Recording Date: May 19, 2016
  • Current Sale Transaction ID: 1542116822
  • Current Sale Price: $820,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 16-0572665
  • Previous Sale Recording Date: Aug 27, 2008
  • Previous Sale Contract Date: Jul 28, 2008
  • Previous Sale Amount: $521,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: PREMIER AMERICA CU
  • First Mortgage Transaction Date: May 19, 2016
  • First Mortgage Loan Amount: $574,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jun 01, 2046

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: CITIMORTGAGE INC
  • Previous Mortgage Transaction Date: Aug 27, 2008
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $416,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Sep 01, 2038

About West Los Angeles



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Frequently Asked Questions

What neighborhood is 1940 South Bedford Street located in?
The 1940 South Bedford Street is a multifamily located in the neighborhood of La Cienega Heights in West Los Angeles, Los Angeles.
How many listings are currently for sale in 1940 South Bedford Street?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 1940 South Bedford Street?
The average sales price for units in 1940 South Bedford Street is $4,895,000 currently.

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