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317 North Commonwealth Avenue

317 North Commonwealth Avenue, Los Angeles, CA 90004
Property in Rampart Village
1 Units For Sale
Unit for sale at 317 N Commonwealth Ave, Los Angeles, CA 90004

$1,350,000 ↓ $45K

  • Loft
  • 1,722 ft²
317 N Commonwealth Ave, Los Angeles, CA 90004 Listing by Will Tiao

317 North Commonwealth Avenue in Los Angeles, CA was first built in 1915 and is 109 years old. Although, the building on the property was most recently renovated and altered in 1980. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. There are a total of 0 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 317 North Commonwealth Avenue has 1,722 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. In total, the area measurement of the land is 7,500 square feet.

Learn more about the property and building on this page. 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 B. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. The property was last sold in Jan 28, 2022 for $1,150,000. That's $667.83 per sqft. Prior to that sales transaction, the property was also sold in Sep 19, 2011 for $220,000. 317 North Commonwealth Avenue was last assessed in 2023. The total value of the property was assessed at $1,173,000. Specifically, the land the property is located on was valued at $816,000. While improvements on the property were assessed at a total of $357,000. 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 $3,692. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.

Building Features

Exterior

Stucco Exterior
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Total Building Area: 1,722
  • Gross Building Area: 1,722
  • Building Area: 1,722
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,722
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 395
  • Land Acres: 0.172
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: TRACT # 395 LOT/SEC 3 BLK/DIV/TWN B

Ownership

  • Current Owner : PHAM CAROLINE
  • Previous Owner : AE RYU YEONG
  • Owner Before Previous Owner: CHUATE NORMAN S
  • Ownership Rights Codes: Single/unmarried woman

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 192700

Zoning

  • Zoning: LAMR1

Geography

  • Assessors Map Reference: 35-A5
  • Subdivision Tract Number: 395
  • Parcel: 5501-003-011
  • Block: B
  • Lot: 3
  • Municipality: WEST /WESTLAKE
  • Latitude: 34.0773
  • Longitude: -118.286

    Address

  • Full Address: 317 N Commonwealth Ave
  • Address - House Number: 317
  • Street Direction: N
  • Address - Street Name: Commonwealth
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C011
  • 4-Digit Zip Code: 3607
  • Zip Code: 90004

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,692
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.0678
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 96
  • Final Value: 1,348,627
  • High Value: 1,440,136
  • Low Value: 1,257,117

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $71,863
  • First Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • First Open Lien Mortgage Recording Date: Jan 26, 2024
  • First Open Lien Mortgage Loan Amount: $35,882
  • First Open Lien Mortgage Term: 337
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2052
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Sep 01, 2023
  • Second Open Lien Mortgage Loan Amount: $35,981
  • Second Open Lien Mortgage Term: 341
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Mar 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,173,000
  • Assessed Land Value: $816,000
  • Assessed Improvements Value: $357,000

    Sales

  • Current Sale Contract Date: Jan 28, 2022
  • Current Sale Recording Date: Feb 23, 2022
  • Current Sale Transaction ID: 11879971325
  • Current Sale Price: $1,150,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 210763
  • Previous Sale Recording Date: Sep 23, 2011
  • Previous Sale Contract Date: Sep 19, 2011
  • Previous Sale Amount: $220,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST CENTENNIAL MORTGAGE CORP
  • First Mortgage Transaction Date: Feb 23, 2022
  • First Mortgage Loan Amount: $1,129,170
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2052

About Central LA



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Frequently Asked Questions

What neighborhood is 317 North Commonwealth Avenue located in?
The 317 North Commonwealth Avenue is a located in the neighborhood of Rampart Village in Central LA, Los Angeles.
How many listings are currently for sale in 317 North Commonwealth Avenue?
There is one unit for sale right now.
What is the average sales price for listings in 317 North Commonwealth Avenue?
The average sales price for units in 317 North Commonwealth Avenue is $1,350,000 , or $784/sqft. currently.

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