See Home Value
$585,000 - $713,000
House - Off Market

314 W 71st Street

Los Angeles, CA 90003
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1170 Sqft
Sold Jun 25, 2003
$172,000
Seller
$341,000 by Impac Funding Corp
Mortgage Due Oct 01, 2036
Sold Oct 01, 2001
$100,000
Buyer
Hud
Seller
$52,700 by Nhs Neighborhood Lending Servi
Mortgage Due Oct 01, 2031

About This Property

Prime Property Alert!  Nestled near major freeways, this home boasts a strategic location just 10 minutes from iconic venues like Sofi Stadium and Intuit Dome, and a mere 15-minute drive to LAX.  With zoning permitting an ADU or additional units and/or space for up to five cars, the possibilities are endless.  Additionally, enjoy a bonus room for added versatility and extra storage space.  Conveniently situated near the corner, this property is primed for your new home, second home or investment opportunity.  Don't miss out - seize the chance to make it yours today!

The manager has listed the unit size as 1170 square feet.
Unit Size
1,170Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$556
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1920

Price History

Date / Event Date Event Price
Mar 22, 2024 No longer available -
No longer available
Mar 18, 2024 Relisted $649,999
Relisted
Mar 9, 2024 No longer available -
No longer available
Feb 24, 2024 Listed $649,999
Listed

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1923
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,460
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 420
  • Total Building Area: 1,170
  • Building Area: 1,170
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,170
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 6
  • Land Acres: 0.125
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WINTON AND MCLEODS FIGUEROA ST TRACT NO 6 LOT/SEC 61

Ownership

  • Current Owner : GATES LAVELLE
  • Previous Owner : RICE JEREMY
  • Owner Before Previous Owner: HUD

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 239310

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 52-A5
  • Subdivision Tract Number: 6
  • Parcel: 6012-012-041
  • Lot: 61
  • Municipality: SOUTH /L.A./FLORENCE
  • Latitude: 33.9754
  • Longitude: -118.279

    Address

  • Full Address: 314 W 71st St
  • Address - House Number: 314
  • Street Direction: W
  • Address - Street Name: 71st
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C052
  • 4-Digit Zip Code: 1839
  • Zip Code: 90003

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,043
  • Tax Rate Code Area: 00-007

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 96
  • Final Value: 660,601
  • High Value: 705,384
  • Low Value: 615,818

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $341,000
  • First Open Lien Mortgage Lender: IMPAC FUNDING CORP
  • First Open Lien Mortgage Recording Date: Sep 28, 2006
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $341,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2036

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $239,413
  • Assessed Land Value: $156,317
  • Assessed Improvements Value: $83,096

    Sales

  • Current Sale Contract Date: May 23, 2003
  • Current Sale Recording Date: Jun 25, 2003
  • Current Sale Transaction ID: 1035555964
  • Current Sale Price: $172,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 03-1812281
  • Previous Sale Recording Date: Oct 01, 2001
  • Previous Sale Contract Date: Aug 22, 2001
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEW CENTURY MORTGAGE CORP
  • First Mortgage Transaction Date: Jun 25, 2003
  • First Mortgage Loan Amount: $154,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jul 01, 2033

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: NHS NEIGHBORHOOD LENDING SERVI
  • Previous Mortgage Transaction Date: Oct 01, 2001
  • Previous Mortgage Loan Amount: $52,700
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Oct 01, 2031



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,260 ft²
$531/ft²
$669,000 Oct 15, 2023
-
-
House
3 Beds
1 Bath
1,068 ft²
$655/ft²
$699,999 Feb 23, 2024
-
-
House
3 Beds
1 Bath
1,298 ft²
$401/ft²
$520,000 Aug 14, 2023
-
-
House
3 Beds
2 Baths
1,358 ft²
$405/ft²
$550,000 Jul 20, 2023
-
-
Multifamily
3 Beds
2 Baths
1,392 ft²
$485/ft²
$675,000 Feb 8, 2024
-
-
House
2 Beds
1 Bath
936 ft²
$641/ft²
$600,000 Feb 7, 2024
-
-
House
2 Beds
1 Bath
700 ft²
$786/ft²
$549,900 Apr 11, 2022
-
-
Multifamily
4 Beds
2 Baths
1,560 ft²
$369/ft²
$574,900 Jan 31, 2024
-
-
Multifamily
2 Beds
2 Baths
1,602 ft²
$374/ft²
$599,888 Nov 27, 2023
-
-
Multifamily
4 Beds
3 Baths
1,629 ft²
$335/ft²
$545,000 Feb 3, 2023
-
-
Multifamily
4 Beds
2 Baths
1,686 ft²
$454/ft²
$765,000 Mar 8, 2024
-
-
Multifamily
4 Beds
3 Baths
1,916 ft²
$352/ft²
$675,000 Feb 23, 2024
-
-

About South LA


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Frequently Asked Questions

When was property at 314 West 71st Street built and last sold?
The property at 314 West 71st Street was built in 1920 and last sold on May 23, 2003 for $172,000.
How much is this home worth?
The estimated value of the home located at 314 West 71st Street is $657,239.
What are some comparable homes to 314 West 71st Street?
Homes that are comparable to 314 West 71st Street include a house property at 1001 West 78th Street, 205 East 64th Street, 127 West 59th Place.

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