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319 East 56th Street

319 East 56th Street, Los Angeles, CA 90011
Property in South LA
Sold Feb 22, 2012
$270,000
$202,500 by Imortgage.com Inc
Mortgage Due Mar 01, 2042
Sold Nov 12, 2010
Transfer
319 East 56th 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 1921 and is 103 years old. The home has a total of 5 bedrooms. Residents will have access to 4 full bathrooms. There are 4 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, 319 East 56th Street has 1,746 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 1,320 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 5,292 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a quadplex 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. The building has a gable style roof made of roll composition. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing floor/wall 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, 319 East 56th Street sold most recently in Feb 13, 2012 for a total of $270,000. If you work out the math, that's approximately a cost of $154.64 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 $4,104 in taxes each year. 319 East 56th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $325,953. If we break it down further, the land itself was valued at $147,282. Improvements to the property, however, were assessed at a total of $178,671. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1921
  • Effective Year Built: 1921
  • Building Count: 2
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Quadplex
  • Roof Shape Type: Gable
  • Roof Cover Type: Roll composition
  • Floor Count: 1
  • Living Units: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,292
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,746
  • Gross Building Area: 1,796
  • Building Area: 1,746
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Floor/wall
  • Heated Square Feet: 1,746
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LUCKY BALDWIN TRACT
  • Land Acres: 0.122
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • Legal Description 1: LUCKY BALDWIN TRACT LOT/SEC 15 BLK/DIV/TWN G

Ownership

  • Current Owner : VASQUEZ ROBERTO
  • Current Owner 2: VASQUEZ ANGELICA M
  • Previous Owner : LG FORECLOSED PROPERTIES LLC
  • Owner Before Previous Owner: MALDONADO BYRON

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 229410

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 52-B4
  • Parcel: 5101-010-014
  • Block: G
  • Lot: 15
  • Municipality: SOUTH /L.A./FLORENCE
  • Latitude: 33.9918
  • Longitude: -118.269

    Address

  • Full Address: 319 E 56th St
  • Address - House Number: 319
  • Street Direction: E
  • Address - Street Name: 56th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C058
  • 4-Digit Zip Code: 5129
  • Zip Code: 90011

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,104
  • Tax Rate Code Area: 00-007

    Appraisal Valuation

  • Standard Deviation: 0.2253
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 699,428
  • High Value: 857,070
  • Low Value: 541,786

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $202,500
  • First Open Lien Mortgage Lender: IMORTGAGE.COM INC
  • First Open Lien Mortgage Recording Date: Feb 22, 2012
  • First Open Lien Mortgage Loan Amount: $202,500
  • 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: Mar 01, 2042

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $325,953
  • Assessed Land Value: $147,282
  • Assessed Improvements Value: $178,671

    Sales

  • Current Sale Contract Date: Feb 13, 2012
  • Current Sale Recording Date: Feb 22, 2012
  • Current Sale Transaction ID: 1032470234
  • Current Sale Price: $270,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 12-0280827
  • Previous Sale Recording Date: Nov 12, 2010
  • Previous Sale Contract Date: Nov 02, 2010
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: IMORTGAGE.COM INC
  • First Mortgage Transaction Date: Feb 22, 2012
  • First Mortgage Loan Amount: $202,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2042

About South LA



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Frequently Asked Questions

What neighborhood is 319 East 56th Street located in?
The 319 East 56th Street is a located in the neighborhood of South LA in South LA, Los Angeles.
What is the average sales price for listings in 319 East 56th Street?
The average sales price for units in 319 East 56th Street is $0 currently.

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