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2723 Basil Lane

2723 Basil Lane, Los Angeles, CA 90077
House in Bel Air
Sold Jul 17, 2020
$1,745,000
$1,042,300 by San Diego County Credit Union
Mortgage Due Jun 01, 2037
Sold Apr 15, 2019
$1,700,000
2723 Basil Lane in Los Angeles, CA was first built in 1976 and is 48 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 condo style. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 2723 Basil Lane has 2,377 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 156,410 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 D. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. The property was last sold in Jul 7, 2020 for $1,745,000. That's $734.12 per sqft. Prior to that sales transaction, the property was also sold in Mar 25, 2019 for $1,700,000. 2723 Basil Lane was last assessed in 2023. The total value of the property was assessed at $1,815,498. Specifically, the land the property is located on was valued at $1,394,136. While improvements on the property were assessed at a total of $421,362. 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 $21,193. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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

Exterior

Stucco Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 156,410
  • Total Building Area: 2,377
  • Building Area: 2,377
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,377
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 32228
  • Land Acres: 3.591
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: *TR=32228 LOT 2 CONDOMINIUM*UNIT 23

Ownership

  • Current Owner : GOLD BRADFORD LEE
  • Current Owner 2: BARSEGHYAN KARINE
  • Previous Owner : WILEN DANIEL B
  • Previous Owner 2: ANDERSON LYNN A
  • Owner Before Previous Owner: HELLIE LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 261200

Zoning

  • Zoning: LARE15

Geography

  • Assessors Map Reference: 32-D1
  • Subdivision Tract Number: 32228
  • Parcel: 4379-005-094
  • Lot: 2
  • Municipality: WEST /WESTWD/NRTH CND
  • Latitude: 34.1229
  • Longitude: -118.449

    Address

  • Full Address: 2723 Basil Ln
  • Address - House Number: 2723
  • Address - Street Name: Basil
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C058
  • 4-Digit Zip Code: 2007
  • Zip Code: 90077

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $21,193
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2261
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 1,767,636
  • High Value: 2,167,328
  • Low Value: 1,367,944

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,042,300
  • First Open Lien Mortgage Lender: SAN DIEGO COUNTY CREDIT UNION
  • First Open Lien Mortgage Recording Date: May 23, 2022
  • First Open Lien Mortgage Loan Amount: $1,042,300
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2037

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,815,498
  • Assessed Land Value: $1,394,136
  • Assessed Improvements Value: $421,362

    Sales

  • Current Sale Contract Date: Jul 07, 2020
  • Current Sale Recording Date: Jul 17, 2020
  • Current Sale Transaction ID: 11772945527
  • Current Sale Price: $1,745,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-0789960
  • Previous Sale Recording Date: Apr 15, 2019
  • Previous Sale Contract Date: Mar 25, 2019
  • Previous Sale Amount: $1,700,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Jul 17, 2020
  • First Mortgage Loan Amount: $1,195,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

About West Los Angeles




Similar Buildings

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Nearby Rentals

Unit for rent at 2035 N Beverly Glen Blvd, Los Angeles, CA, 90077

$1,680 /mo

  • 1 Bed
  • 1 Bath
  • 268 ft²
2035 N Beverly Glen Blvd #A, Los Angeles, CA, 90077 Listing by Pan Xu

Frequently Asked Questions

What neighborhood is 2723 Basil Lane located in?
The 2723 Basil Lane is a house located in the neighborhood of Bel Air in West Los Angeles, Los Angeles.
What is the average sales price for listings in 2723 Basil Lane?
The average sales price for units in 2723 Basil Lane is $0 currently.

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