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2070 West 54th Street

2070 West 54th Street, Los Angeles, CA 90062
Sold May 26, 2005
$425,000
$340,000 by New Century Mortgage Corp
Mortgage Due Jun 01, 2035
Sold Jan 31, 2003
$183,500
$177,995 by Wells Fargo Home Mortgage Inc
Mortgage Due Feb 01, 2033
2070 West 54th Street in Los Angeles, CA was first built in 1925 and is 99 years old. Although, the building on the property was most recently renovated and altered in 1934. 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, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 2070 West 54th Street has 2,178 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 5,200 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 C. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. The property was last sold in Apr 20, 2005 for $425,000. That's $195.13 per sqft. Prior to that sales transaction, the property was also sold in Dec 12, 2002 for $183,500. 2070 West 54th Street was last assessed in 2023. The total value of the property was assessed at $569,395. Specifically, the land the property is located on was valued at $448,822. While improvements on the property were assessed at a total of $120,573. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $6,832. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1934
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,200
  • Total Building Area: 2,178
  • Gross Building Area: 2,178
  • Building Area: 2,178
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 2,178
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHESTERFIELD SQUARE
  • Land Acres: 0.119
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: CHESTERFIELD SQUARE LOT/SEC 532

Ownership

  • Current Owner : GORDON MARK
  • Previous Owner : MORRIS CLEVELAND
  • Owner Before Previous Owner: MY FRIENDS HOUSE ASSEMBLY OF GOD INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 232500

Zoning

  • Zoning: LARD1.5

Geography

  • Assessors Map Reference: 51-D3
  • Parcel: 5005-013-016
  • Lot: 532
  • Municipality: WEST /SO. WEST L.A.
  • Latitude: 33.993
  • Longitude: -118.316

    Address

  • Full Address: 2070 W 54th St
  • Address - House Number: 2070
  • Street Direction: W
  • Address - Street Name: 54th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C025
  • 4-Digit Zip Code: 2127
  • Zip Code: 90062

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,832
  • Tax Rate Code Area: 00-212

    Appraisal Valuation

  • Standard Deviation: 0.2291
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 68
  • Final Value: 860,929
  • High Value: 1,058,174
  • Low Value: 663,684

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $413,781
  • First Open Lien Mortgage Lender: NEW CENTURY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: May 26, 2005
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $340,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2035
  • Second Open Lien Mortgage Lender: CALHFA MORTGAGE ASSISTANCE COR
  • Second Open Lien Mortgage Recording Date: Sep 23, 2014
  • Second Open Lien Mortgage Loan Amount: $25,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Third Open Lien Mortgage Lender: CALHFA MORTGAGE ASSISTANCE COR
  • Third Open Lien Mortgage Recording Date: May 16, 2017
  • Third Open Lien Mortgage Loan Amount: $48,781
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: Negative Amortization

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $569,395
  • Assessed Land Value: $448,822
  • Assessed Improvements Value: $120,573

    Sales

  • Current Sale Contract Date: Apr 20, 2005
  • Current Sale Recording Date: May 26, 2005
  • Current Sale Transaction ID: 1009126252
  • Current Sale Price: $425,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 05-1232789
  • Previous Sale Recording Date: Jan 31, 2003
  • Previous Sale Contract Date: Dec 12, 2002
  • Previous Sale Amount: $183,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEW CENTURY MORTGAGE CORP
  • First Mortgage Transaction Date: May 26, 2005
  • First Mortgage Loan Amount: $340,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Mortgage Loan Due Date: Jun 01, 2035
  • Second Mortgage Loan Amount: $85,000

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO HOME MORTGAGE INC
  • Previous Mortgage Transaction Date: Jan 31, 2003
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $177,995
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Feb 01, 2033

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Frequently Asked Questions

What neighborhood is 2070 West 54th Street located in?
The 2070 West 54th Street is a located in the neighborhood of Chesterfield Square in South LA, Los Angeles.
What is the average sales price for listings in 2070 West 54th Street?
The average sales price for units in 2070 West 54th Street is $0 currently.

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