198 South Commonwealth Avenue

198 South Commonwealth Avenue in Los Angeles, CA was first built in 1924 and is 100 years old. Although, the building on the property was most recently renovated and altered in 1929. This has been categorized as a residential property type. There are a total of 0 rooms in the home, of which, 12 are bedrooms. In terms of bathrooms, there are a total of 8 full bathrooms. There are 8 partial bathrooms. 198 South Commonwealth Avenue has 8,486 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. In total, the area measurement of the land is 7,435 square feet.

Learn more about the property and building on this page. 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. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. 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, 198 South Commonwealth Avenue was last sold in Mar 5, 2003 for $675,000. According to our calculations, that's $79.54 per sqft. Current property owners are expected to pay $12,236 in taxes per year. The property on 198 South Commonwealth Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $939,646. To break that down further, the land itself was valued at $417,619. While improvements to the property were assessed at a total of $522,027. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation.