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2723 Manitou Avenue

2723 Manitou Avenue, Los Angeles, CA 90031
Property in Lincoln Heights
Sold Nov 01, 2021
$1,200,000
$1,000,000 by The Charles Chak Kwan Woo And
Mortgage
2723 Manitou Avenue in Los Angeles, CA was first built in 1914 and is 110 years old. This has been categorized as a residential property type. There are a total of 0 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 5 full bathrooms. There are 5 partial bathrooms. 2723 Manitou Avenue has 4,900 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 9,019 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. As for heating, the home is utilizing a heating system. The property was last sold in Sep 30, 2021 for $1,200,000. That's $244.90 per sqft. 2723 Manitou Avenue was last assessed in 2023. The total value of the property was assessed at $1,224,000. Specifically, the land the property is located on was valued at $663,000. While improvements on the property were assessed at a total of $561,000. 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 $15,115. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1914
  • Effective Year Built: 1914
  • Building Count: 2
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Quality: C
  • Construction Type: Wood
  • Living Units: 5
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,019
  • Total Building Area: 4,900
  • Gross Building Area: 4,900
  • Building Area: 4,900
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 4,900
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EAST LOS ANGELES
  • Land Acres: 0.207
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Personal property general
  • Legal Description 1: EAST LOS ANGELES LOT/SEC 16 BLK/DIV/TWN 15

Ownership

  • Current Owner : MANITOU SICHEL LLC
  • Previous Owner : ORTIZ CARLOS
  • Previous Owner 2: ORTIZ SAMUEL
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 199802

Zoning

  • Zoning: LARD2

Geography

  • Assessors Map Reference: 36-A6
  • Parcel: 5204-016-017
  • Block: 15
  • Lot: 16
  • Municipality: EAST /LINCOLN HTS
  • Latitude: 34.0722
  • Longitude: -118.213

    Address

  • Full Address: 2723 Manitou Ave
  • Address - House Number: 2723
  • Address - Street Name: Manitou
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C023
  • 4-Digit Zip Code: 3016
  • Zip Code: 90031

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,115
  • Tax Rate Code Area: 00-004

    Appraisal Valuation

  • Standard Deviation: 0.221
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 55
  • Final Value: 1,203,284
  • High Value: 1,469,261
  • Low Value: 937,306

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,000,000
  • First Open Lien Mortgage Lender: THE CHARLES CHAK KWAN WOO AND
  • First Open Lien Mortgage Recording Date: Nov 01, 2021
  • First Open Lien Mortgage Loan Amount: $1,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,224,000
  • Assessed Land Value: $663,000
  • Assessed Improvements Value: $561,000

    Sales

  • Current Sale Contract Date: Sep 30, 2021
  • Current Sale Recording Date: Nov 01, 2021
  • Current Sale Transaction ID: 11861893504
  • Current Sale Price: $1,200,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1634354

    Last Sale Mortgage

  • First Mortgage Lender: THE CHARLES CHAK KWAN WOO AND
  • First Mortgage Transaction Date: Nov 01, 2021
  • First Mortgage Loan Amount: $1,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About East LA



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Frequently Asked Questions

What neighborhood is 2723 Manitou Avenue located in?
The 2723 Manitou Avenue is a located in the neighborhood of Lincoln Heights in East LA, Los Angeles.
What is the average sales price for listings in 2723 Manitou Avenue?
The average sales price for units in 2723 Manitou Avenue is $0 currently.

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