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326 North La Fayette Park Place

326 North La Fayette Park Place, Los Angeles, CA 90026
Property in Rampart Village
Sold Aug 05, 2022
$1,720,000
$2,450,500 by Quanta Finance Llc
Mortgage
Sold Jun 04, 2021
$990,000
$792,000 by Goldman Sachs Bank Usa
Mortgage
326 North La Fayette Park Place in Los Angeles, CA was first built in 1904 and is 120 years old. Although, the building on the property was most recently renovated and altered in 1914. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 326 North La Fayette Park Place has 1,279 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 1,250. In total, the area measurement of the land is 6,249 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 D. As for heating, the home is utilizing floor/wall heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Jul 26, 2022 for $1,720,000. That's $1,344.80 per sqft. Prior to that sales transaction, the property was also sold in Mar 29, 2021 for $990,000. 326 North La Fayette Park Place was last assessed in 2023. The total value of the property was assessed at $1,720,000. Specifically, the land the property is located on was valued at $1,710,000. While improvements on the property were assessed at a total of $10,000. 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 $12,065. 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: 1904
  • Effective Year Built: 1914
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: D
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,249
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,279
  • Building Area: 1,279
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,279
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TEMPLE ST VILLA TR
  • Land Acres: 0.144
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TEMPLE STREET VILLA TRACT LOTS 53 AND LOT/SEC 55 BLK/DIV/TWN C

Ownership

  • Current Owner : MIDAS PROPERTIES LLC
  • Previous Owner : LINK PROPERTY LLC
  • Owner Before Previous Owner: RUIZ DAVID E
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 195802

Zoning

  • Zoning: LARD2

Geography

  • Assessors Map Reference: 35-B6
  • Parcel: 5156-025-019
  • Block: C
  • Lot: 53
  • Municipality: WEST /WESTLAKE
  • Latitude: 34.074
  • Longitude: -118.276

    Address

  • Full Address: 326 N La Fayette Park Pl
  • Address - House Number: 326
  • Street Direction: N
  • Address - Street Name: La Fayette Park
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C032
  • 4-Digit Zip Code: 4718
  • Zip Code: 90026

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,065
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.233
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 67
  • Final Value: 1,505,152
  • High Value: 1,855,905
  • Low Value: 1,154,400

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,450,500
  • First Open Lien Mortgage Lender: QUANTA FINANCE LLC
  • First Open Lien Mortgage Recording Date: Feb 07, 2023
  • First Open Lien Mortgage Loan Amount: $2,450,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,720,000
  • Assessed Land Value: $1,710,000
  • Assessed Improvements Value: $10,000

    Sales

  • Current Sale Contract Date: Jul 26, 2022
  • Current Sale Recording Date: Aug 05, 2022
  • Current Sale Transaction ID: 11893609952
  • Current Sale Price: $1,720,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 791655
  • Previous Sale Recording Date: Jun 04, 2021
  • Previous Sale Contract Date: Mar 29, 2021
  • Previous Sale Amount: $990,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: GENESIS CAPITAL LLC
  • First Mortgage Transaction Date: Aug 05, 2022
  • First Mortgage Loan Amount: $1,290,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: GOLDMAN SACHS BANK USA
  • Previous Mortgage Transaction Date: Jun 04, 2021
  • Previous Mortgage Loan Amount: $792,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

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Frequently Asked Questions

What neighborhood is 326 North La Fayette Park Place located in?
The 326 North La Fayette Park Place is a located in the neighborhood of Rampart Village in Central LA, Los Angeles.
What is the average sales price for listings in 326 North La Fayette Park Place?
The average sales price for units in 326 North La Fayette Park Place is $0 currently.

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