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303 South Avenue 55

303 South Avenue 55, Los Angeles, CA 90042
Property in Highland Park
Sold Jun 01, 2006
$660,000
$528,000 by Wmc Mortgage Corp
Mortgage Due Jun 01, 2036
Sold Mar 28, 2002
$210,000
$184,800 by Washtenaw Mtg Company
Mortgage Due Apr 01, 2032
303 South Avenue 55 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 1923 and is 101 years old. The home has a total of 6 bedrooms. Residents will have access to 5 full bathrooms. There are 5 partial bathrooms in the home. In addition, 303 South Avenue 55 has 3,586 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 5,996 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex 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 D by the local assessor. In terms of heating, it is utilizing floor/wall heating system. The property was last sold in Apr 14, 2006 for $660,000. That's $184.05 per sqft. Prior to that sales transaction, the property was also sold in Jan 17, 2002 for $210,000. 303 South Avenue 55 was last assessed in 2023. The total value of the property was assessed at $866,909. Specifically, the land the property is located on was valued at $656,753. While improvements on the property were assessed at a total of $210,156. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $10,341. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1923
  • Building Count: 2
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,996
  • Total Building Area: 3,586
  • Building Area: 3,586
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 3,586
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: T C OBRIENS TRACT
  • Land Acres: 0.138
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: T C OBRIENS TRACT S 40 FT OF LOT/SEC 2

Ownership

  • Current Owner : FLORES JOSE F
  • Current Owner 2: FLORES CATARINO ERASMO
  • Previous Owner : PENALOZA SUSANA
  • Owner Before Previous Owner: CAPITAL INVESTMENT PROPERTIES LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 183820

Zoning

  • Zoning: LARD2

Geography

  • Assessors Map Reference: 36-C3
  • Subdivision Tract Number: S
  • Parcel: 5468-029-021
  • Lot: 2
  • Municipality: EAST /HIGHLAND PARK
  • Latitude: 34.1035
  • Longitude: -118.194

    Address

  • Full Address: 303 S Avenue 55
  • Address - House Number: 303
  • Street Direction: S
  • Address - Street Name: Avenue 55
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C046
  • 4-Digit Zip Code: 4605
  • Zip Code: 90042

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,341
  • Tax Rate Code Area: 00-004

    Appraisal Valuation

  • Standard Deviation: 0.226
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 1,306,602
  • High Value: 1,601,962
  • Low Value: 1,011,242

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $528,000
  • First Open Lien Mortgage Lender: WMC MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jun 01, 2006
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $528,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2036

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $866,909
  • Assessed Land Value: $656,753
  • Assessed Improvements Value: $210,156

    Sales

  • Current Sale Contract Date: Apr 14, 2006
  • Current Sale Recording Date: Jun 01, 2006
  • Current Sale Transaction ID: 1031256446
  • Current Sale Price: $660,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 06-1203343
  • Previous Sale Recording Date: Mar 28, 2002
  • Previous Sale Contract Date: Jan 17, 2002
  • Previous Sale Amount: $210,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WMC MORTGAGE CORP
  • First Mortgage Transaction Date: Jun 01, 2006
  • First Mortgage Loan Amount: $528,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Balloon
  • First Mortgage Loan Due Date: Jun 01, 2036

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WASHTENAW MTG COMPANY
  • Previous Mortgage Transaction Date: Mar 28, 2002
  • Previous Mortgage Loan Amount: $184,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Apr 01, 2032

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Frequently Asked Questions

What neighborhood is 303 South Avenue 55 located in?
The 303 South Avenue 55 is a located in the neighborhood of Highland Park in East LA, Los Angeles.
What is the average sales price for listings in 303 South Avenue 55?
The average sales price for units in 303 South Avenue 55 is $0 currently.

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