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2710 East 7th Street

2710 East 7th Street, Los Angeles, CA 90023
Multifamily in Boyle Heights
Sold Sep 20, 2019
$420,000
$469,500 by Cardinal Financial Company Lp
Mortgage Due Dec 01, 2049
Sold Nov 21, 2006
$470,000
$376,000 by Ownit Mortgage Solutions Inc
Mortgage Due Dec 01, 2036
2710 East 7th 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 1924 and is 100 years old. The home has a total of 3 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. In addition, 2710 East 7th Street has 1,664 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 3,650 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 D 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 floor/wall heating system. 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, 2710 East 7th Street sold most recently in Sep 5, 2019 for a total of $420,000. If you work out the math, that's approximately a cost of $252.40 per sqft. Before that, the property was also sold for $470,000 in Nov 1, 2006. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $5,367 in taxes each year. 2710 East 7th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $441,493. If we break it down further, the land itself was valued at $315,353. Improvements to the property, however, were assessed at a total of $126,140. The property's total assessed value has been marked as more than the total market value 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. 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

Driveway

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

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1924
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Triplex
  • Living Units: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,650
  • Total Building Area: 1,664
  • Gross Building Area: 1,664
  • Building Area: 1,664
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Floor/wall
  • Heated Square Feet: 1,664
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: M L WICKS STEPHENSON AVENUE
  • Land Acres: 0.084
  • Standard Land Use Code: Triplex (3 units, any combination)
  • Legal Description 1: M L WICKS STEPHENSON AVE TRACT # 1 EX OF ST LOT/SEC 64

Ownership

  • Current Owner : ZENDEJAS GRISEL
  • Previous Owner : CERVANTES JUAN I
  • Owner Before Previous Owner: MARTINEZ ALFONSO
  • Owner Before Previous Owner 2: MARTINEZ ROSARIO
  • Ownership Rights Codes: Sole Owner

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 204700

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 45-A5
  • Subdivision Tract Number: 1
  • Parcel: 5189-013-018
  • Lot: 64
  • Municipality: EAST /BOYLE HEIGHTS
  • Latitude: 34.0303
  • Longitude: -118.213

    Address

  • Full Address: 2710 E 7th St
  • Address - House Number: 2710
  • Street Direction: E
  • Address - Street Name: 7th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C011
  • 4-Digit Zip Code: 1402
  • Zip Code: 90023

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,367
  • Tax Rate Code Area: 00-004

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 773,470
  • High Value: 946,261
  • Low Value: 600,678

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $469,500
  • First Open Lien Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Open Lien Mortgage Recording Date: Jan 07, 2020
  • First Open Lien Mortgage Loan Amount: $469,500
  • 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: Dec 01, 2049

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $441,493
  • Assessed Land Value: $315,353
  • Assessed Improvements Value: $126,140

    Sales

  • Current Sale Contract Date: Sep 05, 2019
  • Current Sale Recording Date: Sep 20, 2019
  • Current Sale Transaction ID: 11646340302
  • Current Sale Price: $420,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 19-0984752
  • Previous Sale Recording Date: Nov 21, 2006
  • Previous Sale Contract Date: Nov 01, 2006
  • Previous Sale Amount: $470,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: S & L CAPITAL GROUP
  • First Mortgage Transaction Date: Sep 20, 2019
  • First Mortgage Loan Amount: $49,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: OWNIT MORTGAGE SOLUTIONS INC
  • Previous Mortgage Transaction Date: Nov 21, 2006
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $376,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Dec 01, 2036

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Frequently Asked Questions

What neighborhood is 2710 East 7th Street located in?
The 2710 East 7th Street is a multifamily located in the neighborhood of Boyle Heights in East LA, Los Angeles.
What is the average sales price for listings in 2710 East 7th Street?
The average sales price for units in 2710 East 7th Street is $0 currently.

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