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2941 Motor Avenue

2941 Motor Avenue, Los Angeles, CA 90064
Property in Cheviot Hills
Sold Sep 16, 2021
$1,758,500
$538,448 by New Wave Lending Group Inc
Mortgage Due Oct 01, 2051
2941 Motor Avenue in Los Angeles, CA was first built in 1925 and is 99 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a Tudor style. There are a total of 2 floors. There are a total of 9 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2941 Motor Avenue has 1,929 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. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,270. In total, the area measurement of the land is 6,254 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of wood shake/ shingles. Water for the property is sourced from a municipal system. For those who need parking, there is a detached garage. There is one available parking space. 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. The condition of the building has been evaluated as good. The exterior walls of the home are made of stucco. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 2941 Motor Avenue sold most recently in Sep 12, 2021 for a total of $1,758,500. If you work out the math, that's approximately a cost of $911.61 per sqft. 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 $20,830 in taxes each year. 2941 Motor Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,793,262. If we break it down further, the land itself was valued at $1,434,630. Improvements to the property, however, were assessed at a total of $358,632. 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.

Building Features

Driveway

Driveway

Parking

Detached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Tudor
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,254
  • Lot Size Depth Feet: 1,270
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,929
  • Building Area: 1,929
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,929
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 7264
  • Land Acres: 0.144
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 7264 LOT/SEC 20 BLK/DIV/TWN 9

Ownership

  • Current Owner : MEHTA KAMAL
  • Current Owner 2: MEHTA RAJESHRI
  • Previous Owner : KIESTER ROBERT J
  • Previous Owner 2: SMITH ROBERT H
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 269300

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 42-B4
  • Subdivision Tract Number: 7264
  • Parcel: 4318-030-019
  • Block: 9
  • Lot: 20
  • Municipality: WEST /RANCHO PARK
  • Latitude: 34.0386
  • Longitude: -118.408

    Address

  • Full Address: 2941 Motor Ave
  • Address - House Number: 2941
  • Address - Street Name: Motor
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C022
  • 4-Digit Zip Code: 4530
  • Zip Code: 90064

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $20,830
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2234
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 2,194,369
  • High Value: 2,684,736
  • Low Value: 1,704,003

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $538,448
  • First Open Lien Mortgage Lender: NEW WAVE LENDING GROUP INC
  • First Open Lien Mortgage Recording Date: Sep 16, 2021
  • First Open Lien Mortgage Loan Amount: $538,448
  • 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, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,793,262
  • Assessed Land Value: $1,434,630
  • Assessed Improvements Value: $358,632

    Sales

  • Current Sale Contract Date: Sep 12, 2021
  • Current Sale Recording Date: Sep 16, 2021
  • Current Sale Transaction ID: 11855792849
  • Current Sale Price: $1,758,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1420287

    Last Sale Mortgage

  • First Mortgage Lender: NEW WAVE LENDING GROUP INC
  • First Mortgage Transaction Date: Sep 16, 2021
  • First Mortgage Loan Amount: $538,448
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

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Frequently Asked Questions

What neighborhood is 2941 Motor Avenue located in?
The 2941 Motor Avenue is a located in the neighborhood of Cheviot Hills in West Los Angeles, Los Angeles.
What is the average sales price for listings in 2941 Motor Avenue?
The average sales price for units in 2941 Motor Avenue is $0 currently.

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