Check Availability

240 South Avenue 18

240 South Avenue 18, Los Angeles, CA 90031
Property in Lincoln Heights
Sold Jul 05, 2018
$130,000
$45,000 by Steven Earl Martin And Donna M
Mortgage
Sold Jan 04, 2001
$200,000
$190,000 by Homecomings Financial Network
Mortgage Due Jan 01, 2031
Local assessors in Los Angeles, CA have categorized 240 South Avenue 18 as a residential type of property. The property's lot size has been calculated to be 10,003 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a triplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 7 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 4 full bathrooms. There are also 4 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 240 South Avenue 18 has a total of 3,024 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. 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 - D. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. 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, 240 South Avenue 18 was last sold in Jun 14, 2018 for $130,000. According to our calculations, that's $42.99 per sqft. Prior to that sales transaction, the property was sold for $200,000 in Nov 20, 2000. Current property owners are expected to pay $3,883 in taxes per year. The property on 240 South Avenue 18 was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $289,640. To break that down further, the land itself was valued at $191,165. While improvements to the property were assessed at a total of $98,475. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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

  • Building Count: 2
  • Bedroom Count: 7
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Triplex
  • Living Units: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,003
  • Total Building Area: 3,024
  • Gross Building Area: 3,024
  • Building Area: 3,024
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 3,024
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EAST LOS ANGELES
  • Land Acres: 0.23
  • Standard Land Use Code: Triplex (3 units, any combination)
  • Legal Description 1: EAST LOS ANGELES LOT/SEC 16 BLK/DIV/TWN 3

Ownership

  • Current Owner : RIZK JESUS ARTURO
  • Previous Owner : MEYER MARTIN STEVEN EARL
  • Previous Owner 2: MEYER MARTIN DONNA
  • Owner Before Previous Owner: JIMENEZ JOSE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 199700

Zoning

  • Zoning: LARD1.5

Geography

  • Assessors Map Reference: 35-F6
  • Parcel: 5447-025-019
  • Block: 3
  • Lot: 16
  • Municipality: EAST /NO. DOWNTOWN LA
  • Latitude: 34.0706
  • Longitude: -118.221

    Address

  • Full Address: 240 S Avenue 18
  • Address - House Number: 240
  • Street Direction: S
  • Address - Street Name: Avenue 18
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C001
  • 4-Digit Zip Code: 2521
  • Zip Code: 90031

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,883
  • Tax Rate Code Area: 00-004

    Appraisal Valuation

  • Standard Deviation: 0.2476
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 65
  • Final Value: 712,933
  • High Value: 889,482
  • Low Value: 536,383

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $45,000
  • First Open Lien Mortgage Lender: STEVEN EARL MARTIN AND DONNA M
  • First Open Lien Mortgage Recording Date: Jul 05, 2018
  • First Open Lien Mortgage Loan Amount: $45,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $289,640
  • Assessed Land Value: $191,165
  • Assessed Improvements Value: $98,475

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 14, 2018
  • Current Sale Recording Date: Jul 05, 2018
  • Current Sale Transaction ID: 11479955758
  • Current Sale Price: $130,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 18-0669204
  • Previous Sale Recording Date: Jan 04, 2001
  • Previous Sale Contract Date: Nov 20, 2000
  • Previous Sale Amount: $200,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: STEVEN EARL MARTIN AND DONNA M
  • First Mortgage Transaction Date: Jul 05, 2018
  • First Mortgage Loan Amount: $45,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: HOMECOMINGS FINANCIAL NETWORK
  • Previous Mortgage Transaction Date: Jan 04, 2001
  • Previous Mortgage Loan Amount: $190,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jan 01, 2031

About East LA



Similar Buildings

Property at 240 South Avenue 18,

534 Casanova Street

  • 1 Unit for Sale
534 Casanova Street, Los Angeles, CA 90012
Property at 240 South Avenue 18,

2221 Griffin Avenue

  • 1 Unit for Sale
2221 Griffin Avenue, Los Angeles, CA 90031
Property at 240 South Avenue 18,

2324 Griffin Avenue

  • 1 Unit for Sale
2324 Griffin Avenue, Los Angeles, CA 90031
Property at 240 South Avenue 18,

2665 Pasadena Avenue

  • 1 Unit for Sale
2665 Pasadena Avenue, Los Angeles, CA 90031
Property at 240 South Avenue 18,

1733 Sichel Street

  • 1 Unit for Sale
1733 Sichel Street, Los Angeles, CA 90031
Property at 240 South Avenue 18,

3010 Minnesota Street

  • 1 Unit for Sale
3010 Minnesota Street, Los Angeles, CA 90031
Property at 240 South Avenue 18,

2415 Gates Street

  • 1 Unit for Sale
2415 Gates Street, Los Angeles, CA 90031
Property at 240 South Avenue 18,

3204 Griffin Avenue

  • 1 Unit for Sale
3204 Griffin Avenue, Los Angeles, CA 90031
Property at 240 South Avenue 18,

1390 Abrigo Avenue

  • 1 Unit for Sale
1390 Abrigo Avenue, Los Angeles, CA 90031

Nearby Rentals

Unit for rent at 4317 Raynol Street, El Sereno, CA, 90032

$3,850 /mo

  • 4 Beds
  • 3.5 Baths
  • 2,208 ft²
4317 Raynol Street, El Sereno, CA, 90032 Listing by Charmane Wu
Unit for rent at 222 S Main St, Los Angeles, CA, 90012

$4,023 /mo

  • 3 Beds
  • 2 Baths
  • 1,372 ft²
222 S Main St #C1, Los Angeles, CA, 90012 Listing by Equity Residential

Frequently Asked Questions

What neighborhood is 240 South Avenue 18 located in?
The 240 South Avenue 18 is a located in the neighborhood of Lincoln Heights in East LA, Los Angeles.
What is the average sales price for listings in 240 South Avenue 18?
The average sales price for units in 240 South Avenue 18 is $0 currently.

Quantcast