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291 South Hillview Avenue

291 South Hillview Avenue, Los Angeles, CA 90022
Multifamily in East Los Angeles
Sold Dec 20, 2021
$1,055,000
$750,000 by Homexpress Mortgage Corp
Mortgage Due Jan 01, 2052
291 South Hillview Avenue has been categorized by the local assessors in Los Angeles, CA as a residential type of property. The building on the property was first built in 1948 and is 76 years old. The home has a total of 4 bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. In addition, 291 South Hillview Avenue has 2,509 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,657 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a quadplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The inside of the home is being cooled with air conditioning at the moment. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 291 South Hillview Avenue was last sold in Nov 11, 2021 for $1,055,000. According to our calculations, that's $420.49 per sqft. Current property owners are expected to pay $14,074 in taxes per year. The property on 291 South Hillview Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,076,100. To break that down further, the land itself was valued at $612,000. While improvements to the property were assessed at a total of $464,100. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Stucco Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Quadplex
  • Living Units: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,657
  • Total Building Area: 2,509
  • Gross Building Area: 2,509
  • Building Area: 2,509
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 2,509
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 4777
  • Land Acres: 0.153
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • Legal Description 1: TRACT # 4777 LOT/SEC 74

Ownership

  • Current Owner : MOLINA INVESTMENT INC
  • Previous Owner : DORADO DAVID WILLIAM
  • Previous Owner 2: DORADO IRENE FLORENCE
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 530301

Zoning

  • Zoning: LCR4YY

Geography

  • Assessors Map Reference: 46-A5
  • Subdivision Tract Number: 4777
  • Parcel: 5249-029-007
  • Lot: 74
  • Municipality: EAST /MONTEBELLO
  • Latitude: 34.0317
  • Longitude: -118.151

    Address

  • Full Address: 291 S Hillview Ave
  • Address - House Number: 291
  • Street Direction: S
  • Address - Street Name: Hillview
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C054
  • 4-Digit Zip Code: 2128
  • Zip Code: 90022

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,074
  • Tax Rate Code Area: 01-010

    Appraisal Valuation

  • Standard Deviation: 0.2291
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 1,005,227
  • High Value: 1,235,615
  • Low Value: 774,839

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $750,000
  • First Open Lien Mortgage Lender: HOMEXPRESS MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Dec 20, 2021
  • First Open Lien Mortgage Loan Amount: $750,000
  • 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: Jan 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,076,100
  • Assessed Land Value: $612,000
  • Assessed Improvements Value: $464,100

    Sales

  • Current Sale Contract Date: Nov 11, 2021
  • Current Sale Recording Date: Dec 20, 2021
  • Current Sale Transaction ID: 11875012782
  • Current Sale Price: $1,055,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1883244

    Last Sale Mortgage

  • First Mortgage Lender: HOMEXPRESS MORTGAGE CORP
  • First Mortgage Transaction Date: Dec 20, 2021
  • First Mortgage Loan Amount: $750,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

About East Los Angeles



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Nearby Rentals

Unit for rent at

$2,600 /mo

  • 3 Beds
  • 2 Baths
  • 1,300 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 291 South Hillview Avenue located in?
The 291 South Hillview Avenue is a multifamily located in the neighborhood of East Los Angeles in East Los Angeles, Los Angeles.
What is the average sales price for listings in 291 South Hillview Avenue?
The average sales price for units in 291 South Hillview Avenue is $0 currently.

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