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2625 West 17th Street

2625 West 17th Street, Los Angeles, CA 90019
Multifamily in Arlington Heights
Sold Feb 03, 2023
$1,550,000
$1,240,000 by Ocmbc Inc
Mortgage Due Feb 01, 2053
Sold Feb 03, 2023
$40,000
Seller
2625 West 17th Street 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 1923 and is 101 years old. The home has a total of 5 bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. In addition, 2625 West 17th Street has 2,893 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 6,749 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a triplex 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. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a central 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, 2625 West 17th Street was last sold in Dec 7, 2022 for $1,550,000. According to our calculations, that's $535.78 per sqft. Prior to that sales transaction, the property was sold for $40,000 in Jan 19, 2023. Current property owners are expected to pay $15,489 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2018. The property on 2625 West 17th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,062,840. To break that down further, the land itself was valued at $612,000. While improvements to the property were assessed at a total of $450,840. 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.

Building Features

Parking

Garage Parking
Assigned Parking

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1923
  • Building Count: 2
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Triplex
  • Living Units: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,749
  • Total Building Area: 2,893
  • Building Area: 2,893
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 2,893
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: M SALOMONS WASHINGTON STREET
  • Land Acres: 0.155
  • Standard Land Use Code: Triplex (3 units, any combination)
  • Legal Description 1: A PORTION OF M SALOMONS WASHINGTON ST AND FIRST AVE TRACT LOTS 16 AND LOT/SEC 17 BLK/DIV/TWN C

Ownership

  • Current Owner : BIRD TRENT LARRY
  • Current Owner 2: CATOTA FREDY
  • Previous Owner : WEICHEL FAMILY TRUST
  • Owner Before Previous Owner: BIRD ANA
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Aug 07, 2023

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 218120

Zoning

  • Zoning: LARD1.5

Geography

  • Assessors Map Reference: 43-D4
  • Parcel: 5072-032-026
  • Block: C
  • Lot: 16
  • Municipality: WEST /ADAMS/JEFF PARK
  • Latitude: 34.0421
  • Longitude: -118.319

    Address

  • Full Address: 2625 W 17th St
  • Address - House Number: 2625
  • Street Direction: W
  • Address - Street Name: 17th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C002
  • 4-Digit Zip Code: 6210
  • Zip Code: 90019

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,489
  • Intital Tax Deliquent Year: 2018
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2338
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 1,580,606
  • High Value: 1,950,302
  • Low Value: 1,210,910

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,240,000
  • First Open Lien Mortgage Lender: OCMBC INC
  • First Open Lien Mortgage Recording Date: Feb 03, 2023
  • First Open Lien Mortgage Loan Amount: $1,240,000
  • 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, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,062,840
  • Assessed Land Value: $612,000
  • Assessed Improvements Value: $450,840

    Sales

  • Current Sale Contract Date: Dec 07, 2022
  • Current Sale Recording Date: Feb 03, 2023
  • Current Sale Transaction ID: 11901574979
  • Current Sale Price: $1,550,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 71362
  • Previous Sale Recording Date: Feb 03, 2023
  • Previous Sale Contract Date: Jan 19, 2023
  • Previous Sale Amount: $40,000
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: OCMBC INC
  • First Mortgage Transaction Date: Feb 03, 2023
  • First Mortgage Loan Amount: $1,240,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2053

About South LA



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Nearby Rentals

Unit for rent at

$1,500 /mo

  • 1 Bed
  • 1 Bath
Listing by Manager

Frequently Asked Questions

What neighborhood is 2625 West 17th Street located in?
The 2625 West 17th Street is a multifamily located in the neighborhood of Arlington Heights in South LA, Los Angeles.
What is the average sales price for listings in 2625 West 17th Street?
The average sales price for units in 2625 West 17th Street is $0 currently.

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