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2833 Gay Street

2833 Gay Street, Los Angeles, CA 90065
Sold Jun 30, 2021
$800,000
$720,000 by Emory Financial
Mortgage Due Jul 01, 2051
Sold Jun 29, 2000
$135,500
$134,392 by Metrociti Mtg Corp
Mortgage Due Jul 01, 2030
2833 Gay Street in Los Angeles, CA was first built in 1924 and is 100 years old. Although, the building on the property was most recently renovated and altered in 1962. This has been categorized as a residential property type. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2833 Gay Street has 1,416 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 3,897 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. 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, 2833 Gay Street sold most recently in Apr 27, 2021 for a total of $800,000. If you work out the math, that's approximately a cost of $564.97 per sqft. Before that, the property was also sold for $135,500 in Jun 2, 2000. 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 $9,694 in taxes each year. 2833 Gay Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $832,320. If we break it down further, the land itself was valued at $665,856. Improvements to the property, however, were assessed at a total of $166,464. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1924
  • Effective Year Built: 1962
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,897
  • Total Building Area: 1,416
  • Building Area: 1,416
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,416
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 3920
  • Land Acres: 0.09
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 3920 LOT/SEC 16

Ownership

  • Current Owner : DEAN JOSHUA SAMUEL
  • Current Owner 2: FORD BAXTER TIFFANIE
  • Previous Owner : MARTINEZ VALERIO
  • Previous Owner 2: MARTINEZ ELVIA
  • Owner Before Previous Owner: FONG WANDA CO TR JOHN A TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 185320

Zoning

  • Zoning: LARD1.5

Geography

  • Assessors Map Reference: 35-F4
  • Subdivision Tract Number: 3920
  • Parcel: 5453-013-015
  • Lot: 16
  • Municipality: EAST /LA MT WASHINGTN
  • Latitude: 34.089
  • Longitude: -118.223

    Address

  • Full Address: 2833 Gay St
  • Address - House Number: 2833
  • Address - Street Name: Gay
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C002
  • 4-Digit Zip Code: 1505
  • Zip Code: 90065

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,694
  • Tax Rate Code Area: 00-004

    Appraisal Valuation

  • Standard Deviation: 0.2187
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 70
  • Final Value: 988,905
  • High Value: 1,205,224
  • Low Value: 772,586

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $720,000
  • First Open Lien Mortgage Lender: EMORY FINANCIAL
  • First Open Lien Mortgage Recording Date: Jun 30, 2021
  • First Open Lien Mortgage Loan Amount: $720,000
  • 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: Jul 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $832,320
  • Assessed Land Value: $665,856
  • Assessed Improvements Value: $166,464

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 27, 2021
  • Current Sale Recording Date: Jun 30, 2021
  • Current Sale Transaction ID: 11841093715
  • Current Sale Price: $800,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1024356
  • Previous Sale Recording Date: Jun 29, 2000
  • Previous Sale Contract Date: Jun 02, 2000
  • Previous Sale Amount: $135,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: EMORY FINANCIAL
  • First Mortgage Transaction Date: Jun 30, 2021
  • First Mortgage Loan Amount: $720,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: METROCITI MTG CORP
  • Previous Mortgage Transaction Date: Jun 29, 2000
  • Previous Mortgage Loan Amount: $134,392
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jul 01, 2030

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Frequently Asked Questions

What neighborhood is 2833 Gay Street located in?
The 2833 Gay Street is a house located in the neighborhood of Greater Cypress Park in East LA, Los Angeles.
What is the average sales price for listings in 2833 Gay Street?
The average sales price for units in 2833 Gay Street is $0 currently.

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