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2306 East 3rd Street

2306 East 3rd Street, Los Angeles, CA 90033
Property in Boyle Heights
1 Units For Sale
Unit for sale at 2306 E 3rd Street, Los Angeles, CA 90033

$1,099,000

  • 7 Beds
  • 5 Baths
  • 3,465 ft²
2306 E 3rd Street, Los Angeles, CA 90033 Listing by Chris Limon

2306 East 3rd Street has been categorized by the local assessors in Los Angeles, CA as a unknown type of property. The building on the property was first built in 1907 and is 117 years old. In addition, 2306 East 3rd Street has 3,074 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 5,094 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with unknown control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of unknown by the local assessor. The inside of the home is being cooled with unknown at the moment. 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, 2306 East 3rd Street sold most recently in Apr 23, 2021 for a total of $725,000. If you work out the math, that's approximately a cost of $235.85 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 $9,028 in taxes each year. 2306 East 3rd Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $754,289. If we break it down further, the land itself was valued at $498,351. Improvements to the property, however, were assessed at a total of $255,938. 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.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20231026
10/26/2023
7 Bed
5 Bath
3465 ft²
$1,150,000
bedrooms
7 Bed
bathrooms
5 Bath
square feet
3465 ft²
-
-
-
Chris Limon
Century 21 A Better Service

Building Info

Overview

    General

  • Year Built: 1907
  • Effective Year Built: 1907
  • Building Count: 1
  • Bedroom Count: 0
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,094
  • Total Building Area: 3,074
  • Gross Building Area: 3,074
  • Building Area: 3,074
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,074
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: BOYLE HEIGHTS
  • Land Acres: 0.117
  • Legal Description 1: BOYLE HEIGHTS NW 45 FT OF NE 113 FT OF LOT/SEC 10 BLK/DIV/TWN A

Ownership

  • Current Owner : KINGDOM BUILDERS PROPERTIES LLC
  • Previous Owner : DELRIO ALICIA DEL
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 204420

Zoning

  • Zoning: LARD1.5

Geography

  • Assessors Map Reference: 45-A4
  • Parcel: 5183-013-011
  • Block: A
  • Lot: 10
  • Municipality: EAST /BOYLE HEIGHTS
  • Latitude: 34.0417
  • Longitude: -118.212

    Address

  • Full Address: 2306 E 3rd St
  • Address - House Number: 2306
  • Street Direction: E
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C022
  • 4-Digit Zip Code: 4012
  • Zip Code: 90033

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,028
  • Tax Rate Code Area: 00-004

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 96
  • Final Value: 1,155,760
  • High Value: 1,234,077
  • Low Value: 1,077,444

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,140,000
  • First Open Lien Mortgage Lender: LENDINGHOME FUNDING CORP
  • First Open Lien Mortgage Recording Date: Jun 02, 2021
  • First Open Lien Mortgage Loan Amount: $652,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Jun 02, 2051
  • Second Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • Second Open Lien Mortgage Recording Date: May 26, 2022
  • Second Open Lien Mortgage Financing Type: unknown
  • Second Open Lien Mortgage Loan Amount: $487,500
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: unknown
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $754,289
  • Assessed Land Value: $498,351
  • Assessed Improvements Value: $255,938

    Sales

  • Current Sale Contract Date: Apr 23, 2021
  • Current Sale Recording Date: Jun 02, 2021
  • Current Sale Transaction ID: 11837004455
  • Current Sale Price: $725,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 21-0875456

    Last Sale Mortgage

  • First Mortgage Lender: LENDINGHOME FUNDING CORP
  • First Mortgage Transaction Date: Jun 02, 2021
  • First Mortgage Loan Amount: $652,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown

About East LA



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 2306 East 3rd Street located in?
The 2306 East 3rd Street is a located in the neighborhood of Boyle Heights in East LA, Los Angeles.
How many listings are currently for sale in 2306 East 3rd Street?
There is one unit for sale right now.
What is the average sales price for listings in 2306 East 3rd Street?
The average sales price for units in 2306 East 3rd Street is $1,099,000 , or $317/sqft. currently.

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