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24718 Abita Avenue

24718 Abita Avenue, Lomita, CA 90717
Property in Lomita
Sold Jan 12, 2021
$840,000
$504,000 by Ark-la-tex Financial Services
Mortgage Due Feb 01, 2051
Sold May 31, 1996
$239,000
$215,100 by Home Savings Of America
Mortgage Due Jun 10, 2026
Local assessors in Lomita, CA have categorized 24718 Abita Avenue as a residential type of property. The home was built in 1964 and is 60 years old. The property's lot size has been calculated to be 5,408 square feet. The linear feet between the front and back of the lot was measured at 870 ft and the front of the lot was measured at 620 ft. 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 11 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 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 24718 Abita Avenue has a total of 2,007 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. The home sources its water from a municipal system. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 - C. The building has a gable style roof that was made of wood shake/ shingles. Lots of stucco were used in the construction of the exterior walls of the home. 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. 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, 24718 Abita Avenue sold most recently in Dec 1, 2020 for a total of $840,000. If you work out the math, that's approximately a cost of $418.54 per sqft. Before that, the property was also sold for $239,000 in May 23, 1996. 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 $10,462 in taxes each year. 24718 Abita Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $873,935. If we break it down further, the land itself was valued at $699,148. Improvements to the property, however, were assessed at a total of $174,787. The property's total assessed value has been marked as more than the total market value which is pretty atypical. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Stucco Exterior

Driveway

Driveway

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,408
  • Lot Size Depth Feet: 870
  • Lot Size Frontage Feet: 620
  • Total Building Area: 2,007
  • Building Area: 2,007
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,007
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 29094
  • Land Acres: 0.124
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 29094 LOT/SEC 10

Ownership

  • Current Owner : YOUNG JOHN D
  • Current Owner 2: YOUNG STACY R
  • Previous Owner : MURPHY JOHN
  • Previous Owner 2: MURPHY ROSEMARIE
  • Owner Before Previous Owner: CITIBANK FSB
  • Ownership Rights Codes: Joint Tenants
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 670001

Zoning

  • Zoning: LOR1*

Geography

  • Assessors Map Reference: 73-D2
  • Subdivision Tract Number: 29094
  • Parcel: 7372-019-045
  • Lot: 10
  • Municipality: SOUTH /HARBOR CITY SFR
  • Latitude: 33.8003
  • Longitude: -118.313

    Address

  • Full Address: 24718 Abita Ave
  • Address - House Number: 24718
  • Address - Street Name: Abita
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Lomita
  • Carrier Code: C010
  • 4-Digit Zip Code: 1202
  • Zip Code: 90717

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,462
  • Tax Rate Code Area: 01-383

    Appraisal Valuation

  • Standard Deviation: 0.2129
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 70
  • Final Value: 1,060,379
  • High Value: 1,286,216
  • Low Value: 834,541

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $504,000
  • First Open Lien Mortgage Lender: ARK-LA-TEX FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Jan 12, 2021
  • First Open Lien Mortgage Loan Amount: $504,000
  • 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: Feb 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $873,935
  • Assessed Land Value: $699,148
  • Assessed Improvements Value: $174,787

    Sales

  • Current Sale Contract Date: Dec 01, 2020
  • Current Sale Recording Date: Jan 12, 2021
  • Current Sale Transaction ID: 11811999125
  • Current Sale Price: $840,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-0055058
  • Previous Sale Recording Date: May 31, 1996
  • Previous Sale Contract Date: May 23, 1996
  • Previous Sale Amount: $239,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: ARK-LA-TEX FINANCIAL SERVICES
  • First Mortgage Transaction Date: Jan 12, 2021
  • First Mortgage Loan Amount: $504,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: HOME SAVINGS OF AMERICA
  • Previous Mortgage Transaction Date: May 31, 1996
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $215,100
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jun 10, 2026

About Lomita



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Frequently Asked Questions

What neighborhood is 24718 Abita Avenue located in?
The 24718 Abita Avenue is a located in the neighborhood of Lomita in Lomita, Lomita.
What is the average sales price for listings in 24718 Abita Avenue?
The average sales price for units in 24718 Abita Avenue is $835,000 , or $416/sqft. currently.

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