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2342 South Cloverdale Avenue

2342 South Cloverdale Avenue, Los Angeles, CA 90016
Property in Mid City
Sold Dec 08, 2014
$515,000
$412,000 by First Capital
Mortgage Due Jan 01, 2045
Sold May 05, 2014
$449,000
$363,750 by Anchor Loans Inc
Mortgage
Local assessors in Los Angeles, CA have categorized 2342 South Cloverdale Avenue as a residential type of property. The home was built in 1924 and is 100 years old. It was most recently renovated and altered in 1960. The property's lot size has been calculated to be 5,041 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 400 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 2342 South Cloverdale Avenue has a total of 1,562 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. There is only one available parking space, so if you need more, you may need to find some alternatives. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The home's floor/wall heating system is the primary heating source. The property was last sold in Nov 13, 2014 for $515,000. That's $329.71 per sqft. Prior to that sales transaction, the property was also sold in Apr 22, 2014 for $449,000. 2342 South Cloverdale Avenue was last assessed in 2023. The total value of the property was assessed at $594,909. Specifically, the land the property is located on was valued at $475,930. While improvements on the property were assessed at a total of $118,979. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $6,990. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,041
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,562
  • Building Area: 1,562
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,562
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 1566
  • Land Acres: 0.116
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TR=1566 1/2 VAC ALLEY ADJ ON SE AND LOT 355

Ownership

  • Current Owner : SCHWARTZ MICHELLE MARIE
  • Previous Owner : KEN SMITH & ASSOCIATES REAL ESTATE INC
  • Owner Before Previous Owner: SMITH FREIDA VINETTA FLOT
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: LARD2

Geography

  • Assessors Map Reference: 633-C6
  • Subdivision Tract Number: 1566
  • Parcel: 5063-005-065
  • Lot: 355
  • Municipality: WEST /MID-CITY
  • Latitude: 34.0356
  • Longitude: -118.356

    Address

  • Full Address: 2342 S Cloverdale Ave
  • Address - House Number: 2342
  • Street Direction: S
  • Address - Street Name: Cloverdale
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C013
  • 4-Digit Zip Code: 2121
  • Zip Code: 90016

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,990
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2224
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 69
  • Final Value: 1,264,378
  • High Value: 1,545,666
  • Low Value: 983,090

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $412,000
  • First Open Lien Mortgage Lender: FIRST CAPITAL
  • First Open Lien Mortgage Recording Date: Dec 08, 2014
  • First Open Lien Mortgage Loan Amount: $412,000
  • 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: Jan 01, 2045

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $594,909
  • Assessed Land Value: $475,930
  • Assessed Improvements Value: $118,979

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 13, 2014
  • Current Sale Recording Date: Dec 08, 2014
  • Current Sale Transaction ID: 1009708782
  • Current Sale Price: $515,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 14-1316770
  • Previous Sale Recording Date: May 05, 2014
  • Previous Sale Contract Date: Apr 22, 2014
  • Previous Sale Amount: $449,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST CAPITAL
  • First Mortgage Transaction Date: Dec 08, 2014
  • First Mortgage Loan Amount: $412,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2045

    Previous Mortgages

  • Previous Mortgage Lender: ANCHOR LOANS INC
  • Previous Mortgage Transaction Date: May 05, 2014
  • Previous Mortgage Loan Amount: $363,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About South LA



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Frequently Asked Questions

What neighborhood is 2342 South Cloverdale Avenue located in?
The 2342 South Cloverdale Avenue is a located in the neighborhood of Mid City in South LA, Los Angeles.
What is the average sales price for listings in 2342 South Cloverdale Avenue?
The average sales price for units in 2342 South Cloverdale Avenue is $0 currently.

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