See Home Value
$954,000 - $1,166,000
House - Off Market

1943 S Spaulding Ave

Los Angeles, CA 90016
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1095 Sqft
Sold Oct 17, 2011
$230,000
$540,000 by East West Bank
Mortgage Due Oct 29, 2050

About This Property

ATTENTION BUILDERS / DEVELOPERS! SMALL LOT SUBDIVISION! STREET TO STREET LOT! Under 550K per lot!! Almost RTI-ready to build 2 new homes, appx 2700 sq ft each! Being sold for LAND VALUE ONLY. Structure(s) sold AS-IS - no retrofit and no interior inspection. This is a 2-home DEVELOPMENT PROJECT on a street-to-street lot. The old house is still on the lot. DRIVE BY ONLY. Do NOT disturb tenant. Buyer to investigate all documents and rely on own findings re building and lot split, etc. Renderings, soils, subdivision paperwork available upon request. Seller looking to sell the property "as is" with the buyer taking over the RTI process. Probably 2-3 months away.

The manager has listed the unit size as 1095 square feet.
Unit Size
1,095Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$968
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1948

Price History

Date / Event Date Event Price
Dec 8, 2023 No longer available -
No longer available
Jun 28, 2023 Price Decreased $1,060,000
↓ $39K (3.6%)
Price Decreased
Jan 18, 2023 Listed $1,099,000
Listed
Jan 11, 2023 No longer available -
No longer available
Oct 4, 2022 Price Decreased $1,199,000
↓ $76K (6%)
Price Decreased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,734
  • Lot Size Depth Feet: 1,700
  • Total Building Area: 1,095
  • Building Area: 1,095
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,095
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 7129
  • Land Acres: 0.155
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 7129 LOT/SEC 78

Ownership

  • Current Owner : COHEN AMIR
  • Previous Owner : DIXSON BRANDT K
  • Previous Owner 2: DIXSON FARON
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Sole Owner

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 270300

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 42-E4
  • Subdivision Tract Number: 7129
  • Parcel: 5064-027-028
  • Lot: 78
  • Municipality: WEST /MID-CITY
  • Latitude: 34.0408
  • Longitude: -118.367

    Address

  • Full Address: 1943 S Spaulding Ave
  • Address - House Number: 1943
  • Street Direction: S
  • Address - Street Name: Spaulding
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C005
  • 4-Digit Zip Code: 1024
  • Zip Code: 90016

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,325
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.0676
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 96
  • Final Value: 976,531
  • High Value: 1,042,591
  • Low Value: 910,470

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $540,000
  • First Open Lien Mortgage Lender: EAST WEST BANK
  • First Open Lien Mortgage Recording Date: Nov 13, 2020
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $540,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Oct 29, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $440,045
  • Assessed Land Value: $343,468
  • Assessed Improvements Value: $96,577

    Sales

  • Current Sale Contract Date: Oct 13, 2011
  • Current Sale Recording Date: Oct 17, 2011
  • Current Sale Transaction ID: 1034441409
  • Current Sale Price: $230,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 11-1403046



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
1 Bath
1,076 ft²
$788/ft²
$848,000 Feb 4, 2021
-
-
House
3 Beds
2 Baths
1,270 ft²
$787/ft²
$999,999 Apr 25, 2023
-
-
House
3 Beds
1 Bath
1,363 ft²
$917/ft²
$1,250,000 Jun 24, 2023
-
-
Multifamily
3 Beds
-
-
$1,250,000 May 25, 2023
-
-
Multifamily
5 Beds
-
-
$1,175,000 Jun 6, 2023
-
-
Multifamily
5 Beds
-
-
$1,200,000 Jun 16, 2023
-
-
Multifamily
5 Beds
3 Baths
2,448 ft²
$441/ft²
$1,080,000 Jun 6, 2022
-
-

About South LA


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Frequently Asked Questions

When was property at 1943 South Spaulding Avenue built and last sold?
The property at 1943 South Spaulding Avenue was built in 1948 and last sold on Oct 13, 2011 for $230,000.
How much is this home worth?
The estimated value of the home located at 1943 South Spaulding Avenue is $1,049,313.
What are some comparable homes to 1943 South Spaulding Avenue?
There are currently no comparable homes to 1943 South Spaulding Avenue.

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