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1955 Butler Avenue

1955 Butler Avenue, Los Angeles, CA 90025
Multifamily in West Los Angeles
1 Units For Sale
Unit for sale at 1955 Butler Ave, Los Angeles, CA 90025

$1,895,000 ↓ $100K

  • 4 Beds
1955 Butler Ave, Los Angeles, CA 90025 Listing by Raymond A. Lyon

1955 Butler Avenue 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 1940 and is 84 years old. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. In addition, 1955 Butler Avenue has 1,830 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 7,013 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex 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, 1955 Butler Avenue sold most recently in Jul 7, 2023 for a total of $1,850,000. If you work out the math, that's approximately a cost of $1,010.93 per sqft. 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 $1,722 in taxes each year. 1955 Butler Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $122,761. If we break it down further, the land itself was valued at $53,933. Improvements to the property, however, were assessed at a total of $68,828. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged.

Building Features

Condition

New Construction
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 2
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,013
  • Total Building Area: 1,830
  • Building Area: 1,830
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,830
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GILLIS SUBDIVISION
  • Land Acres: 0.161
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: GILLIS SUB SE 53 FT OF NE 132.5 FT OF LOT/SEC 5 BLK/DIV/TWN 27

Ownership

  • Current Owner : VALLE BRIAN
  • Current Owner 2: VALLE JESSICA
  • Previous Owner : CRISANTA C MAULEON TRUST
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 267700

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 41-E4
  • Parcel: 4261-027-021
  • Block: 27
  • Lot: 5
  • Municipality: WEST /BRENTWOOD
  • Latitude: 34.0393
  • Longitude: -118.447

    Address

  • Full Address: 1955 Butler Ave
  • Address - House Number: 1955
  • Address - Street Name: Butler
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C015
  • 4-Digit Zip Code: 5403
  • Zip Code: 90025

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,722
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.0678
  • Valuation Date: Aug 30, 2023
  • Confidence Score: 96
  • Final Value: 1,883,338
  • High Value: 2,011,065
  • Low Value: 1,755,611

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $500,000
  • First Open Lien Mortgage Lender: MIDFIRST BANK
  • First Open Lien Mortgage Recording Date: Aug 29, 2023
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $122,761
  • Assessed Land Value: $53,933
  • Assessed Improvements Value: $68,828

    Sales

  • Current Sale Contract Date: Jul 07, 2023
  • Current Sale Recording Date: Jul 12, 2023
  • Current Sale Transaction ID: 11909127587
  • Current Sale Price: $1,850,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 456069

About West Los Angeles



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Frequently Asked Questions

What neighborhood is 1955 Butler Avenue located in?
The 1955 Butler Avenue is a multifamily located in the neighborhood of West Los Angeles in West Los Angeles, Los Angeles.
How many listings are currently for sale in 1955 Butler Avenue?
There is one unit for sale right now.
What is the average sales price for listings in 1955 Butler Avenue?
The average sales price for units in 1955 Butler Avenue is $1,895,000 currently.

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