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2301 Inverness Avenue

2301 Inverness Avenue, Los Angeles, CA 90027
Property in Los Feliz
Sold Sep 29, 2016
$2,073,000
$1,658,400 by Mufg Union Bank Na
Mortgage Due Oct 01, 2046
2301 Inverness Avenue in Los Angeles, CA was first built in 1956 and is 68 years old. Although, the building on the property was most recently renovated and altered in 1978. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a contemporary style. It is a single story home. There are a total of 14 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 2301 Inverness Avenue has 3,306 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. The linear feet across the front of the lot is 700 ft and the linear feet between the front and back of the lot is 1,460. In total, the area measurement of the land is 10,130 square feet.

Learn more about the property and building on this page. The home has a hip style roof made of wood shake/ shingles. There is one available parking space. 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 A. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 2301 Inverness Avenue sold most recently in Aug 19, 2016 for a total of $2,073,000. If you work out the math, that's approximately a cost of $627.04 per sqft. 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 $26,954 in taxes each year. 2301 Inverness Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,312,465. If we break it down further, the land itself was valued at $1,849,974. Improvements to the property, however, were assessed at a total of $462,491. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1956
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 14
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Contemporary
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 10,130
  • Lot Size Depth Feet: 1,460
  • Lot Size Frontage Feet: 700
  • Total Building Area: 3,306
  • Building Area: 3,306
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,306
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 16571
  • Land Acres: 0.233
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 16571 LOT/SEC 8

Ownership

  • Current Owner : CHEN DAVID C
  • Current Owner 2: WANG MICHELLE Y
  • Previous Owner : AVANESSIAN DAWN ADELE DER
  • Previous Owner 2: PETROSIAN JERIE LYNN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 189102

Zoning

  • Zoning: LARE11

Geography

  • Assessors Map Reference: 34-F2
  • Subdivision Tract Number: 16571
  • Parcel: 5588-034-008
  • Lot: 8
  • Municipality: EAST /LA LAKE HOLLYWD
  • Latitude: 34.1134
  • Longitude: -118.289

    Address

  • Full Address: 2301 Inverness Ave
  • Address - House Number: 2301
  • Address - Street Name: Inverness
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C044
  • 4-Digit Zip Code: 1234
  • Zip Code: 90027

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $26,954
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.2254
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 2,966,549
  • High Value: 3,635,342
  • Low Value: 2,297,756

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $2,631,400
  • First Open Lien Mortgage Lender: MUFG UNION BANK NA
  • First Open Lien Mortgage Recording Date: Sep 29, 2016
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,658,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2046
  • Second Open Lien Mortgage Lender: PNC BANK NA
  • Second Open Lien Mortgage Recording Date: Mar 04, 2022
  • Second Open Lien Mortgage Loan Amount: $973,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Mar 01, 2037

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,312,465
  • Assessed Land Value: $1,849,974
  • Assessed Improvements Value: $462,491

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 19, 2016
  • Current Sale Recording Date: Sep 29, 2016
  • Current Sale Transaction ID: 1779756478
  • Current Sale Price: $2,073,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 16-1190575

    Last Sale Mortgage

  • First Mortgage Lender: MUFG UNION BANK NA
  • First Mortgage Transaction Date: Sep 29, 2016
  • First Mortgage Loan Amount: $1,658,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Oct 01, 2046

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Central LA



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Frequently Asked Questions

What neighborhood is 2301 Inverness Avenue located in?
The 2301 Inverness Avenue is a located in the neighborhood of Los Feliz in Central LA, Los Angeles.
What is the average sales price for listings in 2301 Inverness Avenue?
The average sales price for units in 2301 Inverness Avenue is $0 currently.

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