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2927 Kenwood Avenue

2927 Kenwood Avenue, Los Angeles, CA 90007
Property in Congress North
Sold Oct 01, 2019
$1,000,000
$600,000 by East West Bank
Mortgage Due Oct 01, 2049
Sold Dec 18, 2015
$525,000
2927 Kenwood 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 1915 and is 109 years old. However, we must point out that the home was most recently renovated and altered in 1930. 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, 2927 Kenwood Avenue has 4,734 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 6,552 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 A by the local assessor. The inside of the home is being cooled with air conditioning at the moment. 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, 2927 Kenwood Avenue sold most recently in Sep 9, 2019 for a total of $1,000,000. If you work out the math, that's approximately a cost of $211.24 per sqft. Before that, the property was also sold for $525,000 in Dec 14, 2015. 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 $12,685 in taxes each year. 2927 Kenwood Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,051,176. If we break it down further, the land itself was valued at $788,383. Improvements to the property, however, were assessed at a total of $262,793. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1915
  • Effective Year Built: 1930
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Quadplex
  • Living Units: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,552
  • Total Building Area: 4,734
  • Gross Building Area: 4,734
  • Building Area: 4,734
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 4,734
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE POOLE & JONES TRACT
  • Land Acres: 0.15
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • Legal Description 1: POOLE AND JONES TRACT LOT/SEC 17 BLK/DIV/TWN B

Ownership

  • Current Owner : HUANG GRACE
  • Current Owner 2: THE GRACE FAMILY TRUST
  • Previous Owner : ZHOU XIAO XIAN
  • Previous Owner 2: LI DAN YAN
  • Owner Before Previous Owner: FANNIE MAE
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 222100

Zoning

  • Zoning: LAR3

Geography

  • Assessors Map Reference: 43-E5
  • Parcel: 5054-007-019
  • Block: B
  • Lot: 17
  • Municipality: WEST /ADAMS/JEFF PARK
  • Latitude: 34.0282
  • Longitude: -118.299

    Address

  • Full Address: 2927 Kenwood Ave
  • Address - House Number: 2927
  • Address - Street Name: Kenwood
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C013
  • 4-Digit Zip Code: 2823
  • Zip Code: 90007

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,685
  • Tax Rate Code Area: 00-210

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 96
  • Final Value: 1,489,732
  • High Value: 1,590,679
  • Low Value: 1,388,784

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $600,000
  • First Open Lien Mortgage Lender: EAST WEST BANK
  • First Open Lien Mortgage Recording Date: Oct 01, 2019
  • First Open Lien Mortgage Loan Amount: $600,000
  • 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: Oct 01, 2049

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,051,176
  • Assessed Land Value: $788,383
  • Assessed Improvements Value: $262,793

    Sales

  • Current Sale Contract Date: Sep 09, 2019
  • Current Sale Recording Date: Oct 01, 2019
  • Current Sale Transaction ID: 11657736413
  • Current Sale Price: $1,000,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 19-1030817
  • Previous Sale Recording Date: Dec 18, 2015
  • Previous Sale Contract Date: Dec 14, 2015
  • Previous Sale Amount: $525,000
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: EAST WEST BANK
  • First Mortgage Transaction Date: Oct 01, 2019
  • First Mortgage Loan Amount: $600,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2049

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Frequently Asked Questions

What neighborhood is 2927 Kenwood Avenue located in?
The 2927 Kenwood Avenue is a located in the neighborhood of Congress North in South LA, Los Angeles.
What is the average sales price for listings in 2927 Kenwood Avenue?
The average sales price for units in 2927 Kenwood Avenue is $0 currently.

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