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1964 Palmerston Place

1964 Palmerston Place, Los Angeles, CA 90027
Property in Los Feliz
Sold Nov 19, 2018
$1,526,000
$400,000 by Parkside Lending Llc
Mortgage Due Jan 01, 2036
1964 Palmerston Place 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 1936 and is 88 years old. However, we must point out that the home was most recently renovated and altered in 1937. The home has a total of 6 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. In addition, 1964 Palmerston Place has 3,626 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 6,731 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. 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, 1964 Palmerston Place was last sold in Oct 25, 2018 for $1,526,000. According to our calculations, that's $420.85 per sqft. Current property owners are expected to pay $19,099 in taxes per year. The property on 1964 Palmerston Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,636,177. To break that down further, the land itself was valued at $1,207,298. While improvements to the property were assessed at a total of $428,879. 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: 1936
  • Effective Year Built: 1937
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,731
  • Total Building Area: 3,626
  • Gross Building Area: 3,626
  • Building Area: 3,626
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 3,626
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 9633
  • Land Acres: 0.155
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: *TR=9633 LOT/SEC 5 BLK/DIV/TWN 2

Ownership

  • Current Owner : KIM MYUNG HEE
  • Current Owner 2: THE 2011 KIM FAMILY TRSUT
  • Previous Owner : STEWART ANTHONY W
  • Previous Owner 2: STEWART MONICA R
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 189202

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 34-E2
  • Subdivision Tract Number: 9633
  • Parcel: 5589-017-036
  • Block: 2
  • Lot: 5
  • Municipality: EAST /LA LOS FELIZ
  • Latitude: 34.1071
  • Longitude: -118.298

    Address

  • Full Address: 1964 Palmerston Pl
  • Address - House Number: 1964
  • Address - Street Name: Palmerston
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C007
  • 4-Digit Zip Code: 1816
  • Zip Code: 90027

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $19,099
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 96
  • Final Value: 1,913,744
  • High Value: 2,043,424
  • Low Value: 1,784,065

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $400,000
  • First Open Lien Mortgage Lender: PARKSIDE LENDING LLC
  • First Open Lien Mortgage Recording Date: Dec 09, 2020
  • First Open Lien Mortgage Loan Amount: $400,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2036

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,636,177
  • Assessed Land Value: $1,207,298
  • Assessed Improvements Value: $428,879

    Sales

  • Current Sale Contract Date: Oct 25, 2018
  • Current Sale Recording Date: Nov 19, 2018
  • Current Sale Transaction ID: 11533956759
  • Current Sale Price: $1,526,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 18-1160569

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Frequently Asked Questions

What neighborhood is 1964 Palmerston Place located in?
The 1964 Palmerston Place is a located in the neighborhood of Los Feliz in Central LA, Los Angeles.
What is the average sales price for listings in 1964 Palmerston Place?
The average sales price for units in 1964 Palmerston Place is $0 currently.

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