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245 South Burlingame Avenue

245 South Burlingame Avenue, Los Angeles, CA 90049
House in Brentwood
Sold Jun 10, 2021
$8,381,000
$4,000,000 by Bank Of The West
Mortgage Due Jan 01, 2052
Sold Dec 11, 2018
$6,500,000
Local assessors in Los Angeles, CA have categorized 245 South Burlingame 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 1980. The property's lot size has been calculated to be 15,167 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 15 rooms in the home. Of these, 5 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 3 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 245 South Burlingame Avenue has a total of 4,674 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 are 3 available parking spaces so it's a great situation for those with more than one car. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. 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. The building has a gable style roof that was made of composition shingle. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in May 18, 2021 for $8,381,000. That's $1,793.11 per sqft. Prior to that sales transaction, the property was also sold in Nov 21, 2018 for $6,500,000. 245 South Burlingame Avenue was last assessed in 2023. The total value of the property was assessed at $6,164,552. Specifically, the land the property is located on was valued at $3,161,834. While improvements on the property were assessed at a total of $3,002,718. 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 $80,239. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1980
  • Building Count: 1
  • Total Rooms: 15
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 15,167
  • Lot Size Depth Feet: 1,500
  • Total Building Area: 4,674
  • Building Area: 4,674
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 4,674
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BRENTWOOD PARK
  • Land Acres: 0.348
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BRENTWOOD PARK VAC ST ADJ ON NE AND LOT/SEC 9 BLK/DIV/TWN 12

Ownership

  • Current Owner : BINA FARHAD
  • Current Owner 2: PORAT BINA ANGELLA
  • Previous Owner : NELSON MARTIN S
  • Previous Owner 2: THE PEONY TRUST
  • Owner Before Previous Owner: BRINCKO JOHN P
  • Owner Before Previous Owner 2: WAADT HRINCKO DEBORAH
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 264000

Zoning

  • Zoning: LARE11

Geography

  • Assessors Map Reference: 41-A3
  • Parcel: 4406-020-005
  • Block: 12
  • Lot: 9
  • Municipality: WEST /BRENTWOOD
  • Latitude: 34.0531
  • Longitude: -118.49

    Address

  • Full Address: 245 S Burlingame Ave
  • Address - House Number: 245
  • Street Direction: S
  • Address - Street Name: Burlingame
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C045
  • 4-Digit Zip Code: 3702
  • Zip Code: 90049

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $80,239
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2337
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 67
  • Final Value: 6,608,832
  • High Value: 8,153,374
  • Low Value: 5,064,291

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $4,000,000
  • First Open Lien Mortgage Lender: BANK OF THE WEST
  • First Open Lien Mortgage Recording Date: Jan 06, 2022
  • First Open Lien Mortgage Loan Amount: $4,000,000
  • 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, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,164,552
  • Assessed Land Value: $3,161,834
  • Assessed Improvements Value: $3,002,718

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 18, 2021
  • Current Sale Recording Date: Jun 10, 2021
  • Current Sale Transaction ID: 11838105654
  • Current Sale Price: $8,381,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-0919353
  • Previous Sale Recording Date: Dec 11, 2018
  • Previous Sale Contract Date: Nov 21, 2018
  • Previous Sale Amount: $6,500,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: 5TH STREET CAPITAL INC
  • First Mortgage Transaction Date: Jun 10, 2021
  • First Mortgage Loan Amount: $5,447,650
  • First Mortgage Terms: 480
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2061

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 245 South Burlingame Avenue located in?
The 245 South Burlingame Avenue is a house located in the neighborhood of Brentwood in West Los Angeles, Los Angeles.
What is the average sales price for listings in 245 South Burlingame Avenue?
The average sales price for units in 245 South Burlingame Avenue is $0 currently.

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