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2300 South Marvin Avenue

2300 South Marvin Avenue, Los Angeles, CA 90016
Property in Mid City
Sold Sep 20, 2013
$615,000
$395,000 by Quicken Loans Llc
Mortgage Due May 01, 2041
Sold May 01, 2013
$438,000
2300 South Marvin Avenue in Los Angeles, CA was first built in 1921 and is 103 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a triplex style. There are a total of 0 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 2300 South Marvin Avenue has 2,868 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 6,499 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. As for heating, the home is utilizing floor/wall heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2300 South Marvin Avenue was last sold in Aug 14, 2013 for $615,000. According to our calculations, that's $214.44 per sqft. Prior to that sales transaction, the property was sold for $438,000 in Apr 1, 2013. Current property owners are expected to pay $8,782 in taxes per year. The property on 2300 South Marvin Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $724,621. To break that down further, the land itself was valued at $494,864. While improvements to the property were assessed at a total of $229,757. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. 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. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1921
  • Effective Year Built: 1921
  • Building Count: 2
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Triplex
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,499
  • Total Building Area: 2,868
  • Building Area: 2,868
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 2,868
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 4063
  • Land Acres: 0.149
  • Standard Land Use Code: Triplex (3 units, any combination)
  • Legal Description 1: TRACT NO 4063 LOT/SEC 10

Ownership

  • Current Owner : NGUYEN HUAN
  • Previous Owner : REME HOLDINGS LLC
  • Owner Before Previous Owner: DEUTSCHE BANK NATIONAL TRUST COMPANY
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 218400

Zoning

  • Zoning: LARD1.5

Geography

  • Assessors Map Reference: 42-F4
  • Subdivision Tract Number: 4063
  • Parcel: 5063-012-044
  • Lot: 10
  • Municipality: WEST /MID CTY/PICO UN
  • Latitude: 34.0364
  • Longitude: -118.363

    Address

  • Full Address: 2300 S Marvin Ave
  • Address - House Number: 2300
  • Street Direction: S
  • Address - Street Name: Marvin
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C005
  • 4-Digit Zip Code: 1909
  • Zip Code: 90016

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,782
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2335
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 67
  • Final Value: 1,366,690
  • High Value: 1,685,841
  • Low Value: 1,047,539

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $395,000
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: Apr 27, 2021
  • First Open Lien Mortgage Loan Amount: $395,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2041

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $724,621
  • Assessed Land Value: $494,864
  • Assessed Improvements Value: $229,757

    Sales

  • Current Sale Contract Date: Aug 14, 2013
  • Current Sale Recording Date: Sep 20, 2013
  • Current Sale Transaction ID: 1014089372
  • Current Sale Price: $615,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 13-1370143
  • Previous Sale Recording Date: May 01, 2013
  • Previous Sale Contract Date: Apr 01, 2013
  • Previous Sale Amount: $438,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Sep 20, 2013
  • First Mortgage Loan Amount: $461,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2043

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Frequently Asked Questions

What neighborhood is 2300 South Marvin Avenue located in?
The 2300 South Marvin Avenue is a located in the neighborhood of Mid City in South LA, Los Angeles.
What is the average sales price for listings in 2300 South Marvin Avenue?
The average sales price for units in 2300 South Marvin Avenue is $0 currently.

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