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2306 South Genesee Avenue

2306 South Genesee Avenue, Los Angeles, CA 90016
Property in Mid City
Sold Nov 30, 2011
$218,500
$174,400 by Bank Of America Na
Mortgage Due Dec 01, 2041
Sold Jun 10, 2011
$372,000
2306 South Genesee Avenue in Los Angeles, CA was first built in 1938 and is 86 years old. Although, the building on the property was most recently renovated and altered in 1948. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2306 South Genesee Avenue has 1,354 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 5,002 square feet.

Learn more about the property and building on this page. The roof of the home is made of composition shingle. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. There are a total of 2 available parking spaces. 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. The condition of the building has been evaluated as good. The exterior walls of the home are made of stucco. 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, 2306 South Genesee Avenue was last sold in Oct 14, 2011 for $218,500. According to our calculations, that's $161.37 per sqft. Prior to that sales transaction, the property was sold for $372,000 in May 27, 2011. Current property owners are expected to pay $3,259 in taxes per year. The property on 2306 South Genesee Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $263,778. To break that down further, the land itself was valued at $156,941. While improvements to the property were assessed at a total of $106,837. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1938
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,002
  • Total Building Area: 1,354
  • Building Area: 1,354
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,354
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 7129
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 7129 LOT/SEC 48

Ownership

  • Current Owner : SANCHEZ RAFAEL
  • Previous Owner : DEUTSCHE BANK NATIONAL TRUST COMPANY
  • Owner Before Previous Owner: SHAVERS VALERIE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 270300

Zoning

  • Zoning: LARD2

Geography

  • Assessors Map Reference: 42-E4
  • Subdivision Tract Number: 7129
  • Parcel: 5064-028-011
  • Lot: 48
  • Municipality: WEST /MID-CITY
  • Latitude: 34.0375
  • Longitude: -118.368

    Address

  • Full Address: 2306 S Genesee Ave
  • Address - House Number: 2306
  • Street Direction: S
  • Address - Street Name: Genesee
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C005
  • 4-Digit Zip Code: 1009
  • Zip Code: 90016

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,259
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2294
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 1,126,154
  • High Value: 1,384,593
  • Low Value: 867,715

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $174,400
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Nov 30, 2011
  • First Open Lien Mortgage Loan Amount: $174,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2041

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $263,778
  • Assessed Land Value: $156,941
  • Assessed Improvements Value: $106,837

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 14, 2011
  • Current Sale Recording Date: Nov 30, 2011
  • Current Sale Transaction ID: 1014089698
  • Current Sale Price: $218,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 11-1617723
  • Previous Sale Recording Date: Jun 10, 2011
  • Previous Sale Contract Date: May 27, 2011
  • Previous Sale Amount: $372,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Nov 30, 2011
  • First Mortgage Loan Amount: $174,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2041

About South LA



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Nearby Rentals

Unit for rent at

$1,500 /mo

  • 1 Bed
  • 1 Bath
Listing by Manager

Frequently Asked Questions

What neighborhood is 2306 South Genesee Avenue located in?
The 2306 South Genesee Avenue is a located in the neighborhood of Mid City in South LA, Los Angeles.
What is the average sales price for listings in 2306 South Genesee Avenue?
The average sales price for units in 2306 South Genesee Avenue is $0 currently.

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