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2222 Cambridge Street

2222 Cambridge Street, Los Angeles, CA 90006
Multifamily in Harvard Heights
Sold Dec 27, 2019
$2,950,000
$1,750,000 by Jpmorgan Chase Bank Na
Mortgage
Sold Jun 09, 2016
$860,000
2222 Cambridge Street in Los Angeles, CA was first built in 1926 and is 98 years old. This has been categorized as a residential property type. There are a total of 0 rooms in the home, of which, 18 are bedrooms. In terms of bathrooms, there are a total of 18 full bathrooms. There are 18 partial bathrooms. 2222 Cambridge Street has 9,064 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 6,251 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, 2222 Cambridge Street sold most recently in Dec 26, 2019 for a total of $2,950,000. If you work out the math, that's approximately a cost of $325.46 per sqft. Before that, the property was also sold for $860,000 in Jun 6, 2016. 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 $36,899 in taxes each year. The initial year of tax delinquency occurred in 2019. 2222 Cambridge Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $3,100,975. If we break it down further, the land itself was valued at $2,417,710. Improvements to the property, however, were assessed at a total of $683,265. 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: 1926
  • Effective Year Built: 1926
  • Building Count: 1
  • Bedroom Count: 18
  • Bathroom Count: 18
  • Full Bathrooms: 18
  • Partial Bathrooms: 18
  • Building Quality: B
  • Construction Type: Wood
  • Living Units: 18
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,251
  • Total Building Area: 9,064
  • Gross Building Area: 9,064
  • Building Area: 9,064
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 9,064
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HARVARD HEIGHTS
  • Land Acres: 0.144
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Personal property general
  • Legal Description 1: HARVARD HEIGHTS LOT/SEC 10 BLK/DIV/TWN E

Ownership

  • Current Owner : CARLYLE PARTNERS GROUP LLC
  • Current Owner 2: WINDSOR PRIME LLC
  • Previous Owner : 2222 CAMBRIDGE STREET LLC
  • Owner Before Previous Owner: LION CAMBRIDGE LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 221303

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 43-E4
  • Parcel: 5074-012-011
  • Block: E
  • Lot: 10
  • Municipality: WEST /ADAMS/JEFF PARK
  • Latitude: 34.0443
  • Longitude: -118.307

    Address

  • Full Address: 2222 Cambridge St
  • Address - House Number: 2222
  • Address - Street Name: Cambridge
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C045
  • 4-Digit Zip Code: 4273
  • Zip Code: 90006

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $36,899
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 00-210

    Appraisal Valuation

  • Standard Deviation: 0.221
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 55
  • Final Value: 2,970,562
  • High Value: 3,627,184
  • Low Value: 2,313,939

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,750,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Dec 27, 2019
  • First Open Lien Mortgage Loan Amount: $1,750,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,100,975
  • Assessed Land Value: $2,417,710
  • Assessed Improvements Value: $683,265

    Sales

  • Current Sale Contract Date: Dec 26, 2019
  • Current Sale Recording Date: Dec 27, 2019
  • Current Sale Transaction ID: 11712159004
  • Current Sale Price: $2,950,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 19-1450573
  • Previous Sale Recording Date: Jun 09, 2016
  • Previous Sale Contract Date: Jun 06, 2016
  • Previous Sale Amount: $860,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Dec 27, 2019
  • First Mortgage Loan Amount: $1,750,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

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Frequently Asked Questions

What neighborhood is 2222 Cambridge Street located in?
The 2222 Cambridge Street is a multifamily located in the neighborhood of Harvard Heights in South LA, Los Angeles.
What is the average sales price for listings in 2222 Cambridge Street?
The average sales price for units in 2222 Cambridge Street is $0 currently.

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