2203 South Union Avenue

2203 South Union Avenue in Los Angeles, CA was first built in 1970 and is 54 years old. Although, the building on the property was most recently renovated and altered in 1980. This has been categorized as a industrial property type. It is a single story home. 2203 South Union Avenue has 2,730 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 2,800 square feet.

Learn more about the property and building on this page. The building type has been coded as 3. The code stands for buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame. 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 masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. 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, 2203 South Union Avenue sold most recently in Nov 7, 2023 for a total of $1,850,000. If you work out the math, that's approximately a cost of $677.66 per sqft. Before that, the property was also sold for $922,500 in Jul 28, 2015. 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 $12,359 in taxes each year. The initial year of tax delinquency occurred in 2021. 2203 South Union Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,049,470. If we break it down further, the land itself was valued at $725,192. Improvements to the property, however, were assessed at a total of $324,278. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.