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2826 Avenel Street

2826 Avenel Street, Los Angeles, CA 90039
Property in Silver Lake
Sold May 27, 2022
$2,450,000
Sold Sep 01, 1998
$400,000
$300,000 by Financial Institutional Partne
Mortgage Due Sep 01, 2028
2826 Avenel Street in Los Angeles, CA was first built in 1940 and is 84 years old. This has been categorized as a residential property type. There are a total of 0 rooms in the home, of which, 8 are bedrooms. In terms of bathrooms, there are a total of 7 full bathrooms. There are 7 partial bathrooms. 2826 Avenel Street has 4,382 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 11,242 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 B. 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 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, 2826 Avenel Street sold most recently in May 24, 2022 for a total of $2,450,000. If you work out the math, that's approximately a cost of $559.11 per sqft. Before that, the property was also sold for $400,000 in Aug 18, 1998. 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 $8,125 in taxes each year. 2826 Avenel Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,499,000. If we break it down further, the land itself was valued at $1,887,000. Improvements to the property, however, were assessed at a total of $612,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1940
  • Effective Year Built: 1940
  • Building Count: 2
  • Bedroom Count: 8
  • Bathroom Count: 7
  • Full Bathrooms: 7
  • Partial Bathrooms: 7
  • Building Quality: B
  • Construction Type: Wood
  • Living Units: 7
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,242
  • Total Building Area: 4,382
  • Building Area: 4,382
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Floor/wall
  • Heated Square Feet: 4,382
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: IVANHOE TRACT
  • Land Acres: 0.258
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Personal property general
  • Legal Description 1: IVANHOE SE 25 FT (MEASURED ON NE AND SW LINES) OF LOT 18 AND LOT/SEC 17 BLK/DIV/TWN 11

Ownership

  • Current Owner : RUSSELL E JUSTMAN TRUST
  • Previous Owner : JACK D MATHIS 2010 TRUST
  • Owner Before Previous Owner: MATHIS JACK D
  • Owner Before Previous Owner 2: PENSION PROPERTIES TRUST
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 188201

Zoning

  • Zoning: LARD1.5

Geography

  • Assessors Map Reference: 35-B2
  • Parcel: 5434-028-035
  • Block: 11
  • Lot: 18
  • Municipality: EAST /LA LOS FELIZ
  • Latitude: 34.1093
  • Longitude: -118.268

    Address

  • Full Address: 2826 Avenel St
  • Address - House Number: 2826
  • Address - Street Name: Avenel
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C053
  • 4-Digit Zip Code: 2038
  • Zip Code: 90039

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,125
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.1159
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 76
  • Final Value: 699,630
  • High Value: 780,725
  • Low Value: 618,534

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,499,000
  • Assessed Land Value: $1,887,000
  • Assessed Improvements Value: $612,000

    Sales

  • Current Sale Contract Date: May 24, 2022
  • Current Sale Recording Date: May 27, 2022
  • Current Sale Transaction ID: 11888696287
  • Current Sale Price: $2,450,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 576053
  • Previous Sale Recording Date: Sep 01, 1998
  • Previous Sale Contract Date: Aug 18, 1998
  • Previous Sale Amount: $400,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: FINANCIAL INSTITUTIONAL PARTNE
  • Previous Mortgage Transaction Date: Sep 01, 1998
  • Previous Mortgage Loan Amount: $300,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Sep 01, 2028

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Frequently Asked Questions

What neighborhood is 2826 Avenel Street located in?
The 2826 Avenel Street is a located in the neighborhood of Silver Lake in East LA, Los Angeles.
What is the average sales price for listings in 2826 Avenel Street?
The average sales price for units in 2826 Avenel Street is $0 currently.

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