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2143 Portland Street

2143 Portland Street, Los Angeles, CA 90007
Property in University Park
1 Units For Sale
Unit for sale at 2143 Portland St, Los Angeles, CA 90007

$2,390,000

  • Loft
  • 4,761 ft²
2143 Portland St, Los Angeles, CA 90007 Listing by Adam Shamooelian

Local assessors in Los Angeles, CA have categorized 2143 Portland Street as a residential type of property. The home was built in 1901 and is 123 years old. The property's lot size has been calculated to be 7,270 square feet. The linear feet between the front and back of the lot was measured at 1,420 ft and the front of the lot was measured at 500 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 6 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2143 Portland Street has a total of 3,844 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of composition shingle. Lots of stucco were used in the construction of the exterior walls of the home. The home's floor/wall heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 2143 Portland Street sold most recently in Apr 19, 2022 for a total of $1,450,000. If you work out the math, that's approximately a cost of $377.21 per sqft. Before that, the property was also sold for $158,000 in Sep 26, 1997. 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 $5,421 in taxes each year. 2143 Portland Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,479,000. If we break it down further, the land itself was valued at $1,117,206. Improvements to the property, however, were assessed at a total of $361,794. 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.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230719
07/19/2023
Loft
-
4761 ft²
$2,490,000
bedrooms
Loft
bathrooms
-
square feet
4761 ft²
-
-
-
Adam Shamooelian
Keller Williams Beverly Hills

Building Info

Overview

    General

  • Year Built: 1901
  • Effective Year Built: 1901
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 6
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 100
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,270
  • Lot Size Depth Feet: 1,420
  • Lot Size Frontage Feet: 500
  • Total Building Area: 3,844
  • Building Area: 3,844
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 3,844
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ELLIS TRACT
  • Land Acres: 0.167
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ELLIS TRACT EX OF ST LOT 63 AND ALL OF LOT/SEC 64

Ownership

  • Current Owner : 1405 STATE STREET INVESTORS LLC
  • Previous Owner : LUCY ROBERTSON
  • Owner Before Previous Owner: OCWEN FEDERAL BANK FSB
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 224410

Zoning

  • Zoning: LARD1.5

Geography

  • Assessors Map Reference: 44-A5
  • Parcel: 5124-014-014
  • Lot: 63
  • Municipality: WEST /PICO UNION
  • Latitude: 34.0341
  • Longitude: -118.281

    Address

  • Full Address: 2143 Portland St
  • Address - House Number: 2143
  • Address - Street Name: Portland
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C032
  • 4-Digit Zip Code: 1914
  • Zip Code: 90007

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,421
  • Tax Rate Code Area: 00-048

    Appraisal Valuation

  • Standard Deviation: 0.0676
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 96
  • Final Value: 2,508,498
  • High Value: 2,678,193
  • Low Value: 2,338,803

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $2,650,000
  • First Open Lien Mortgage Lender: MIDFIRST BANK
  • First Open Lien Mortgage Recording Date: Mar 14, 2024
  • First Open Lien Mortgage Loan Amount: $1,350,000
  • 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 14, 2054
  • Second Open Lien Mortgage Lender: MIDFIRST BANK
  • Second Open Lien Mortgage Recording Date: Jul 27, 2022
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $1,300,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jul 27, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,479,000
  • Assessed Land Value: $1,117,206
  • Assessed Improvements Value: $361,794

    Sales

  • Current Sale Contract Date: Apr 19, 2022
  • Current Sale Recording Date: Apr 29, 2022
  • Current Sale Transaction ID: 11888245915
  • Current Sale Price: $1,450,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 470771
  • Previous Sale Recording Date: Oct 08, 1997
  • Previous Sale Contract Date: Sep 26, 1997
  • Previous Sale Amount: $158,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WIN WIN ENTERPRISES LLC
  • First Mortgage Transaction Date: Apr 29, 2022
  • First Mortgage Loan Amount: $1,087,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: BANK UNITED
  • Previous Mortgage Transaction Date: Oct 08, 1997
  • Previous Mortgage Loan Amount: $142,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Nov 01, 2027

About South LA



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Frequently Asked Questions

What neighborhood is 2143 Portland Street located in?
The 2143 Portland Street is a located in the neighborhood of University Park in South LA, Los Angeles.
How many listings are currently for sale in 2143 Portland Street?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 2143 Portland Street?
The average sales price for units in 2143 Portland Street is $2,390,000 , or $502/sqft. currently.

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