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2806 Selby Avenue

2806 Selby Avenue, Los Angeles, CA 90064
House in Rancho Park
Sold Nov 22, 2021
$2,700,000
$1,700,000 by Wells Fargo Bank Na
Mortgage Due Dec 01, 2051
Sold Sep 21, 2020
$1,127,000
Buyer
$1,489,000 by Goldman Sachs Bank Usa
Mortgage
Local assessors in Los Angeles, CA have categorized 2806 Selby Avenue as a residential type of property. The home was built in 1945 and is 79 years old. It was most recently renovated and altered in 1962. The property's lot size has been calculated to be 6,003 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2806 Selby Avenue has a total of 1,438 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. There is only one available parking space, so if you need more, you may need to find some alternatives. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a gable style roof that was made of wood shake/ shingles. Lots of stucco were used in the construction of the exterior walls of the home. The home's floor/wall heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 2806 Selby Avenue sold most recently in Nov 2, 2021 for a total of $2,700,000. If you work out the math, that's approximately a cost of $1,877.61 per sqft. Before that, the property was also sold for $1,127,000 in Aug 11, 2020. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $31,701 in taxes each year. 2806 Selby Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,754,000. If we break it down further, the land itself was valued at $1,652,400. Improvements to the property, however, were assessed at a total of $1,101,600. The property's total assessed value has been marked as more than the total market value 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!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 6,003
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,438
  • Building Area: 1,438
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,438
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 12388
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 12388 LOT/SEC 11

Ownership

  • Current Owner : WEE WILLIAM S
  • Current Owner 2: WEE EMILY M
  • Previous Owner : LA20G LLC
  • Owner Before Previous Owner: PARISE MARINA P
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 271100

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 42-A5
  • Subdivision Tract Number: 12388
  • Parcel: 4255-011-011
  • Lot: 11
  • Municipality: WEST /PALMS
  • Latitude: 34.0348
  • Longitude: -118.421

    Address

  • Full Address: 2806 Selby Ave
  • Address - House Number: 2806
  • Address - Street Name: Selby
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C051
  • 4-Digit Zip Code: 4227
  • Zip Code: 90064

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $31,701
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2234
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 2,223,047
  • High Value: 2,719,822
  • Low Value: 1,726,272

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,700,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Nov 22, 2021
  • First Open Lien Mortgage Loan Amount: $1,700,000
  • 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: Dec 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,754,000
  • Assessed Land Value: $1,652,400
  • Assessed Improvements Value: $1,101,600

    Sales

  • Current Sale Contract Date: Nov 02, 2021
  • Current Sale Recording Date: Nov 22, 2021
  • Current Sale Transaction ID: 11869079325
  • Current Sale Price: $2,700,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1731036
  • Previous Sale Recording Date: Sep 21, 2020
  • Previous Sale Contract Date: Aug 11, 2020
  • Previous Sale Amount: $1,127,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Nov 22, 2021
  • First Mortgage Loan Amount: $1,700,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: GOLDMAN SACHS BANK USA
  • Previous Mortgage Transaction Date: Sep 21, 2020
  • Previous Mortgage Loan Amount: $1,489,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan

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Frequently Asked Questions

What neighborhood is 2806 Selby Avenue located in?
The 2806 Selby Avenue is a house located in the neighborhood of Rancho Park in West Los Angeles, Los Angeles.
What is the average sales price for listings in 2806 Selby Avenue?
The average sales price for units in 2806 Selby Avenue is $0 currently.

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