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2006 5th Avenue

2006 5th Avenue, Los Angeles, CA 90018
Sold Sep 16, 2008
$461,000
$357,000 by Lenox Financial Mortgage Corp
Mortgage Due Mar 01, 2043
Sold Mar 21, 2008
$530,852
2006 5th Avenue in Los Angeles, CA was first built in 1907 and is 117 years old. Although, the building on the property was most recently renovated and altered in 1914. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2006 5th Avenue has 2,208 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 7,000 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. 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, 2006 5th Avenue sold most recently in Jun 23, 2008 for a total of $461,000. If you work out the math, that's approximately a cost of $208.79 per sqft. Before that, the property was also sold for $530,852 in Mar 17, 2008. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $8,177 in taxes each year. 2006 5th Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $680,753. If we break it down further, the land itself was valued at $587,928. Improvements to the property, however, were assessed at a total of $92,825. 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. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1907
  • Effective Year Built: 1914
  • Building Count: 1
  • Bedroom Count: 2
  • 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: 7,000
  • Total Building Area: 2,208
  • Gross Building Area: 2,208
  • Building Area: 2,208
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 2,208
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WEST ARLINGTON HEIGHTS TRACT
  • Land Acres: 0.161
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: WEST ARLINGTON HEIGHTS TRACT LOT/SEC 10 BLK/DIV/TWN 23

Ownership

  • Current Owner : UM SUNG MIN
  • Previous Owner : DEUTSCHE BANK NATIONAL TRUST CO
  • Owner Before Previous Owner: KIM KYUNG SOO
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 218800

Zoning

  • Zoning: LARD2

Geography

  • Assessors Map Reference: 43-D4
  • Parcel: 5060-026-008
  • Block: 23
  • Lot: 10
  • Municipality: WEST /ADAMS/JEFF PARK
  • Latitude: 34.0388
  • Longitude: -118.322

    Address

  • Full Address: 2006 5th Ave
  • Address - House Number: 2006
  • Address - Street Name: 5th
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C051
  • 4-Digit Zip Code: 1116
  • Zip Code: 90018

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,177
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.226
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 1,097,789
  • High Value: 1,345,914
  • Low Value: 849,664

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $357,000
  • First Open Lien Mortgage Lender: LENOX FINANCIAL MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Feb 13, 2013
  • First Open Lien Mortgage Loan Amount: $357,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2043

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $680,753
  • Assessed Land Value: $587,928
  • Assessed Improvements Value: $92,825

    Sales

  • Current Sale Contract Date: Jun 23, 2008
  • Current Sale Recording Date: Sep 16, 2008
  • Current Sale Transaction ID: 1034407313
  • Current Sale Price: $461,000
  • Current Sale Document Type: Corporation Deed
  • Current Sale Input Document Number: 08-1662571
  • Previous Sale Recording Date: Mar 21, 2008
  • Previous Sale Contract Date: Mar 17, 2008
  • Previous Sale Amount: $530,852
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: JUST MORTGAGE INC
  • First Mortgage Transaction Date: Sep 16, 2008
  • First Mortgage Loan Amount: $368,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Oct 01, 2038

About South LA



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Frequently Asked Questions

What neighborhood is 2006 5th Avenue located in?
The 2006 5th Avenue is a located in the neighborhood of Arlington Heights in South LA, Los Angeles.
What is the average sales price for listings in 2006 5th Avenue?
The average sales price for units in 2006 5th Avenue is $0 currently.

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