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2532 Eastlake Avenue

2532 Eastlake Avenue, Los Angeles, CA 90031
Multifamily in Lincoln Heights
Sold Dec 23, 2020
$1,005,000
$976,571 by Hometown Equity Mortgage
Mortgage Due Jan 01, 2051
Sold Jun 23, 2003
$215,000
$193,500 by Capital Quick Inc
Mortgage Due Jun 27, 2004
2532 Eastlake Avenue has been categorized by the local assessors in Los Angeles, CA as a residential type of property. The building on the property was first built in 1912 and is 112 years old. The home has a total of 6 bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. In addition, 2532 Eastlake Avenue has 2,956 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 9,720 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a quadplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. In terms of heating, it 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, 2532 Eastlake Avenue was last sold in Dec 21, 2020 for $1,005,000. According to our calculations, that's $339.99 per sqft. Prior to that sales transaction, the property was sold for $215,000 in May 22, 2003. Current property owners are expected to pay $12,345 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2020. The property on 2532 Eastlake Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,035,198. To break that down further, the land itself was valued at $723,078. While improvements to the property were assessed at a total of $312,120. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1912
  • Effective Year Built: 1912
  • Building Count: 4
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Quadplex
  • Living Units: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,720
  • Total Building Area: 2,956
  • Building Area: 2,956
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 2,956
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WM LACYS ADD TO EAST LOS ANGELES
  • Land Acres: 0.223
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • Legal Description 1: *LAND DESC IN DOC 0001677, 76-12-2 *TR=WM. LACYS ADD TO EAST LOS ANGELES *POR OF LOT/SEC 45

Ownership

  • Current Owner : ALFARO JORGE ANTONIO
  • Previous Owner : DOWLING RICHARD W
  • Previous Owner 2: DOWLING KATHERINE L
  • Owner Before Previous Owner: CAPITAL QUICKCOM INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 199202

Zoning

  • Zoning: LARD3

Geography

  • Assessors Map Reference: 36-B6
  • Parcel: 5208-008-019
  • Lot: 45
  • Municipality: EAST /LINCOLN HTS
  • Latitude: 34.0765
  • Longitude: -118.207

    Address

  • Full Address: 2532 Eastlake Ave
  • Address - House Number: 2532
  • Address - Street Name: Eastlake
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C043
  • 4-Digit Zip Code: 2713
  • Zip Code: 90031

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,345
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 00-004

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,208,200
  • High Value: 1,478,109
  • Low Value: 938,290

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $976,571
  • First Open Lien Mortgage Lender: HOMETOWN EQUITY MORTGAGE
  • First Open Lien Mortgage Recording Date: Dec 23, 2020
  • First Open Lien Mortgage Loan Amount: $976,571
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,035,198
  • Assessed Land Value: $723,078
  • Assessed Improvements Value: $312,120

    Sales

  • Current Sale Contract Date: Dec 21, 2020
  • Current Sale Recording Date: Dec 23, 2020
  • Current Sale Transaction ID: 11808765340
  • Current Sale Price: $1,005,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-1718884
  • Previous Sale Recording Date: Jun 23, 2003
  • Previous Sale Contract Date: May 22, 2003
  • Previous Sale Amount: $215,000
  • Previous Sale Document Type: Corporation Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMETOWN EQUITY MORTGAGE
  • First Mortgage Transaction Date: Dec 23, 2020
  • First Mortgage Loan Amount: $976,571
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: CAPITAL QUICK INC
  • Previous Mortgage Transaction Date: Jun 23, 2003
  • Previous Mortgage Loan Amount: $193,500
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jun 27, 2004

About East LA



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Frequently Asked Questions

What neighborhood is 2532 Eastlake Avenue located in?
The 2532 Eastlake Avenue is a multifamily located in the neighborhood of Lincoln Heights in East LA, Los Angeles.
What is the average sales price for listings in 2532 Eastlake Avenue?
The average sales price for units in 2532 Eastlake Avenue is $1,049,000 currently.

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