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3025 East 8th Street

3025 East 8th Street, Los Angeles, CA 90023
Sold Nov 06, 2019
$300,000
$240,000 by Kam Financial Realty Inc
Mortgage Due Dec 01, 2049
3025 East 8th Street 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 1922 and is 102 years old. However, we must point out that the home was most recently renovated and altered in 1928. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 3025 East 8th Street has 1,258 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 480 ft and across the front of the lot is 620 ft. The area measurement of the land has been determined as 2,952 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional 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. According to our sources, there is one available parking space. 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 D by the local assessor. The building has a gable style roof made of roll composition. In terms of heating, it is utilizing a central 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, 3025 East 8th Street sold most recently in Sep 11, 2019 for a total of $300,000. If you work out the math, that's approximately a cost of $238.47 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 $4,071 in taxes each year. 3025 East 8th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $457,028. If we break it down further, the land itself was valued at $252,281. Improvements to the property, however, were assessed at a total of $204,747. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1922
  • Effective Year Built: 1928
  • Building Count: 2
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Roof Cover Type: Roll composition
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 2,952
  • Lot Size Depth Feet: 480
  • Lot Size Frontage Feet: 620
  • Total Building Area: 1,258
  • Building Area: 1,258
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,258
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PANORAMA TR
  • Land Acres: 0.068
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PANORAMA TRACT SE 61.88 FT MEASURED ON NE AND SW LINES OF LOT/SEC 28 BLK/DIV/TWN 2

Ownership

  • Current Owner : BALYAN ANAHIT
  • Previous Owner : GONZALEZ CECIL
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Sole Owner

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 204700

Zoning

  • Zoning: LAR4

Geography

  • Assessors Map Reference: 45-A6
  • Parcel: 5190-008-029
  • Block: 2
  • Lot: 28
  • Municipality: EAST
  • Latitude: 34.0247
  • Longitude: -118.211

    Address

  • Full Address: 3025 E 8th St
  • Address - House Number: 3025
  • Street Direction: E
  • Address - Street Name: 8th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C002
  • 4-Digit Zip Code: 2918
  • Zip Code: 90023

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,071
  • Tax Rate Code Area: 00-004

    Appraisal Valuation

  • Standard Deviation: 0.2376
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 66
  • Final Value: 638,526
  • High Value: 790,284
  • Low Value: 486,767

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $240,000
  • First Open Lien Mortgage Lender: KAM FINANCIAL REALTY INC
  • First Open Lien Mortgage Recording Date: Nov 06, 2019
  • First Open Lien Mortgage Loan Amount: $240,000
  • 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: Dec 01, 2049

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $457,028
  • Assessed Land Value: $252,281
  • Assessed Improvements Value: $204,747

    Sales

  • Current Sale Contract Date: Sep 11, 2019
  • Current Sale Recording Date: Nov 06, 2019
  • Current Sale Transaction ID: 11672920909
  • Current Sale Price: $300,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 19-1200587

    Last Sale Mortgage

  • First Mortgage Lender: KAM FINANCIAL REALTY INC
  • First Mortgage Transaction Date: Nov 06, 2019
  • First Mortgage Loan Amount: $240,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2049

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Frequently Asked Questions

What neighborhood is 3025 East 8th Street located in?
The 3025 East 8th Street is a house located in the neighborhood of Boyle Heights in East LA, Los Angeles.
What is the average sales price for listings in 3025 East 8th Street?
The average sales price for units in 3025 East 8th Street is $0 currently.

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