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324 South Kenmore Avenue

324 South Kenmore Avenue, Los Angeles, CA 90020
1 Units For Sale
Unit for sale at 324 S Kenmore Avenue, Los Angeles, CA 90020

$2,800,000

  • Commercial
  • 7,126 ft²
324 S Kenmore Avenue, Los Angeles, CA 90020 Listing by Ramon Cardenas Jr

324 South Kenmore Avenue in Los Angeles, CA was first built in 1926 and is 98 years old. Although, the building on the property was most recently renovated and altered in 1973. This has been categorized as a residential property type. There are a total of 4 floors. In terms of bathrooms, there are a total of 47 full bathrooms. There are 47 partial bathrooms. 324 South Kenmore Avenue has 22,904 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. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,550. In total, the area measurement of the land is 7,792 square feet.

Learn more about the property and building on this page. The home has a flat style roof made of roll composition. 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 masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of A. Walk into the home itself and you'll find that it is currently being cooled with a refrigeration air conditioning system. As for heating, the home is utilizing a steam heating system. The property was last sold in Mar 30, 2023 for $9,750,000. That's $425.69 per sqft. Prior to that sales transaction, the property was also sold in Jan 30, 2023 for $8,000,000. 324 South Kenmore Avenue was last assessed in 2023. The total value of the property was assessed at $10,936,458. Specifically, the land the property is located on was valued at $7,655,521. While improvements on the property were assessed at a total of $3,280,937. 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 $128,266. The initial tax year of delinquency was in 2017. 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.

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: 1926
  • Effective Year Built: 1973
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 47
  • Full Bathrooms: 47
  • Partial Bathrooms: 47
  • Building Quality: A
  • Construction Type: Masonry
  • Roof Shape Type: Flat
  • Roof Cover Type: Roll composition
  • Floor Count: 4
  • Living Units: 47
  • Basement Type: Unspecified basement
  • Basement Area: 480
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,792
  • Lot Size Depth Feet: 1,550
  • Lot Size Frontage Feet: 500
  • Total Building Area: 22,904
  • Gross Building Area: 22,904
  • Building Area: 22,904
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Steam
  • Heated Square Feet: 22,904
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SCHMIDT HEIGHTS TRACT
  • Land Acres: 0.179
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Personal property general
  • Legal Description 1: SCHMIDT HEIGHTS TRACT LOT/SEC 28

Ownership

  • Current Owner : T & T HOMES LLC
  • Previous Owner : 324 S CATALINA LLC
  • Owner Before Previous Owner: CHICAGO TITLE COMPANY
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 211922

Zoning

  • Zoning: LAR4

Geography

  • Assessors Map Reference: 43-F1
  • Parcel: 5502-006-005
  • Lot: 28
  • Municipality: WEST /KOREA TOWN
  • Latitude: 34.0683
  • Longitude: -118.295

    Address

  • Full Address: 324 S Catalina St
  • Address - House Number: 324
  • Street Direction: S
  • Address - Street Name: Catalina
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C022
  • 4-Digit Zip Code: 2011
  • Zip Code: 90020

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $128,266
  • Intital Tax Deliquent Year: 2017
  • Tax Rate Code Area: 00-067

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $4,545,000
  • First Open Lien Mortgage Lender: OPEN BANK
  • First Open Lien Mortgage Recording Date: Aug 04, 2023
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $4,545,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $10,936,458
  • Assessed Land Value: $7,655,521
  • Assessed Improvements Value: $3,280,937

    Sales

  • Current Sale Contract Date: Mar 30, 2023
  • Current Sale Recording Date: Mar 31, 2023
  • Current Sale Transaction ID: 11904450787
  • Current Sale Price: $9,750,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 206859
  • Previous Sale Recording Date: Jan 31, 2023
  • Previous Sale Contract Date: Jan 30, 2023
  • Previous Sale Amount: $8,000,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: HANKEY CAPITAL LLC
  • First Mortgage Transaction Date: Mar 31, 2023
  • First Mortgage Loan Amount: $7,750,000
  • First Mortgage Terms: 36
  • First Mortgage Loan Type: New Conventional

About Central LA



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Frequently Asked Questions

What neighborhood is 324 South Kenmore Avenue located in?
The 324 South Kenmore Avenue is a located in the neighborhood of Wilshire Center - Koreatown in Central LA, Los Angeles.
How many listings are currently for sale in 324 South Kenmore Avenue?
There is one unit for sale right now.
What is the average sales price for listings in 324 South Kenmore Avenue?
The average sales price for units in 324 South Kenmore Avenue is $2,800,000 , or $393/sqft. currently.

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