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2652 South Palm Grove Avenue

2652 South Palm Grove Avenue, Los Angeles, CA 90016
House in West Adams
Sold Apr 26, 2022
$850,000
$765,000 by Anchor Loans Lp
Mortgage
2652 South Palm Grove 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 1923 and is 101 years old. However, we must point out that the home was most recently renovated and altered in 1937. The home has a total of 8 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2652 South Palm Grove Avenue has 1,402 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,300 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 5,206 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional 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. According to our sources, there is one available parking space. 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 building has a gable style roof made of composition shingle. 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, 2652 South Palm Grove Avenue was last sold in Feb 4, 2022 for $850,000. According to our calculations, that's $606.28 per sqft. Current property owners are expected to pay $939 in taxes per year. The property on 2652 South Palm Grove Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $867,000. To break that down further, the land itself was valued at $693,600. While improvements to the property were assessed at a total of $173,400. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1923
  • Effective Year Built: 1937
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • 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: 1

    Dimensions

  • Lot Size Square Feet: 5,206
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,402
  • Building Area: 1,402
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,402
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 1601
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 1601 LOT/SEC 509

Ownership

  • Current Owner : WATKINS REAL ESTATE GROUP INC
  • Previous Owner : DUNNING EUGENE F
  • Previous Owner 2: DUNNING ALICE
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 219700

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 43-B5
  • Subdivision Tract Number: 1601
  • Parcel: 5057-009-001
  • Lot: 509
  • Municipality: WEST /ADAMS/CRENSHAW
  • Latitude: 34.0311
  • Longitude: -118.345

    Address

  • Full Address: 2652 S Palm Grove Ave
  • Address - House Number: 2652
  • Street Direction: S
  • Address - Street Name: Palm Grove
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C023
  • 4-Digit Zip Code: 2918
  • Zip Code: 90016

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $939
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 96
  • Final Value: 808,277
  • High Value: 863,047
  • Low Value: 753,506

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $765,000
  • First Open Lien Mortgage Lender: ANCHOR LOANS LP
  • First Open Lien Mortgage Recording Date: Apr 26, 2022
  • First Open Lien Mortgage Loan Amount: $765,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $867,000
  • Assessed Land Value: $693,600
  • Assessed Improvements Value: $173,400

    Sales

  • Current Sale Contract Date: Feb 04, 2022
  • Current Sale Recording Date: Apr 26, 2022
  • Current Sale Transaction ID: 11887293582
  • Current Sale Price: $850,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 451555

    Last Sale Mortgage

  • First Mortgage Lender: ANCHOR LOANS LP
  • First Mortgage Transaction Date: Apr 26, 2022
  • First Mortgage Loan Amount: $765,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About South LA



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Nearby Rentals

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$2,300 /mo

  • 1 Bed
  • 1 Bath
  • 832 ft²
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$2,449 /mo

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$2,393 /mo

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$2,450 /mo

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  • 1,000 ft²
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Frequently Asked Questions

What neighborhood is 2652 South Palm Grove Avenue located in?
The 2652 South Palm Grove Avenue is a house located in the neighborhood of West Adams in South LA, Los Angeles.
What is the average sales price for listings in 2652 South Palm Grove Avenue?
The average sales price for units in 2652 South Palm Grove Avenue is $0 currently.

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