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261 South Orange Drive

261 South Orange Drive, Los Angeles, CA 90036
Multifamily in Greater Wilshire
261 South Orange Drive in Los Angeles, CA was first built in 1926 and is 98 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. There are a total of 0 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 261 South Orange Drive has 5,067 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 7,291 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. The property was last sold in May 25, 2001 for $735,000. That's $145.06 per sqft. 261 South Orange Drive was last assessed in 2023. The total value of the property was assessed at $1,064,510. Specifically, the land the property is located on was valued at $630,018. While improvements on the property were assessed at a total of $434,492. 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 $12,828. 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.

Building Features

Driveway

Driveway

Parking

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

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190213 Unit 263
02/13/2019
263
7 Bed
5 Bath
5426 ft²
$2,799,500
bedrooms
7 Bed
bathrooms
5 Bath
square feet
5426 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,291
  • Total Building Area: 5,067
  • Gross Building Area: 5,067
  • Building Area: 5,067
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 5,067
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 8498
  • Land Acres: 0.167
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: TRACT # 8498 LOT/SEC 325

Ownership

  • Current Owner : SCHOR FRED
  • Previous Owner : MESIVTA OF LOS ANGELES
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 214100

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 43-B1
  • Subdivision Tract Number: 8498
  • Parcel: 5513-025-015
  • Lot: 325
  • Municipality: WEST /HANCOCK PARK
  • Latitude: 34.0693
  • Longitude: -118.341

    Address

  • Full Address: 261 S Mansfield Ave
  • Address - House Number: 261
  • Street Direction: S
  • Address - Street Name: Mansfield
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C070
  • 4-Digit Zip Code: 3016
  • Zip Code: 90036

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,828
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.231
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 67
  • Final Value: 2,282,358
  • High Value: 2,809,704
  • Low Value: 1,755,012

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,380,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Mar 17, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,380,000
  • 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: Apr 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,064,510
  • Assessed Land Value: $630,018
  • Assessed Improvements Value: $434,492

    Sales

  • Current Sale Contract Date: May 25, 2001
  • Current Sale Recording Date: Jun 29, 2001
  • Current Sale Transaction ID: 1012407381
  • Current Sale Price: $735,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 01-1124872

    Last Sale Mortgage

  • First Mortgage Lender: DOWNEY S/L
  • First Mortgage Transaction Date: Jun 29, 2001
  • First Mortgage Loan Amount: $588,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Jul 01, 2031

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Central LA



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Frequently Asked Questions

What neighborhood is 261 South Orange Drive located in?
The 261 South Orange Drive is a multifamily located in the neighborhood of Greater Wilshire in Central LA, Los Angeles.
What is the average sales price for listings in 261 South Orange Drive?
The average sales price for units in 261 South Orange Drive is $0 currently.

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