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314 West 53rd Street

314 West 53rd Street, Los Angeles, CA 90037
Property in South LA
Sold Nov 19, 2021
$690,000
$677,502 by Castle Mortgage Corp
Mortgage Due Dec 01, 2051
314 West 53rd 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 1909 and is 115 years old. The home has a total of 4 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. In addition, 314 West 53rd Street has 2,382 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 5,689 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a triplex 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. In terms of heating, it is utilizing floor/wall heating system. The property was last sold in Nov 5, 2021 for $690,000. That's $289.67 per sqft. 314 West 53rd Street was last assessed in 2023. The total value of the property was assessed at $703,800. Specifically, the land the property is located on was valued at $489,600. While improvements on the property were assessed at a total of $214,200. 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 $8,492. 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: 1909
  • Effective Year Built: 1909
  • Building Count: 2
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Triplex
  • Living Units: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,689
  • Total Building Area: 2,382
  • Building Area: 2,382
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 2,382
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MCCARTHY COS MAIN STREET MONE
  • Land Acres: 0.131
  • Standard Land Use Code: Triplex (3 units, any combination)
  • Legal Description 1: THE MCCARTHY COS MAIN ST MONETA AVE AND FIGUEROA ST TRACT LOT/SEC 4 BLK/DIV/TWN D

Ownership

  • Current Owner : SANABRIA KEVIN D MAGANA
  • Current Owner 2: SANABRIA MOISES A
  • Previous Owner : GAYTON SAMMY
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 232800

Zoning

  • Zoning: LARD2

Geography

  • Assessors Map Reference: 52-A3
  • Parcel: 5101-035-004
  • Block: D
  • Lot: 4
  • Municipality: SOUTH /L.A./FLORENCE
  • Latitude: 33.9939
  • Longitude: -118.279

    Address

  • Full Address: 314 W 53rd St
  • Address - House Number: 314
  • Street Direction: W
  • Address - Street Name: 53rd
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C013
  • 4-Digit Zip Code: 3835
  • Zip Code: 90037

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,492
  • Tax Rate Code Area: 00-007

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 806,390
  • High Value: 986,536
  • Low Value: 626,244

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $677,502
  • First Open Lien Mortgage Lender: CASTLE MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Nov 19, 2021
  • First Open Lien Mortgage Loan Amount: $677,502
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $703,800
  • Assessed Land Value: $489,600
  • Assessed Improvements Value: $214,200

    Sales

  • Current Sale Contract Date: Nov 05, 2021
  • Current Sale Recording Date: Nov 19, 2021
  • Current Sale Transaction ID: 11869080687
  • Current Sale Price: $690,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1721333

    Last Sale Mortgage

  • First Mortgage Lender: CASTLE MORTGAGE CORP
  • First Mortgage Transaction Date: Nov 19, 2021
  • First Mortgage Loan Amount: $677,502
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2051

About South LA



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Frequently Asked Questions

What neighborhood is 314 West 53rd Street located in?
The 314 West 53rd Street is a located in the neighborhood of South LA in South LA, Los Angeles.
What is the average sales price for listings in 314 West 53rd Street?
The average sales price for units in 314 West 53rd Street is $0 currently.

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