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3262 East 2nd Street

3262 East 2nd Street, Los Angeles, CA 90063
Property in Boyle Heights
Sold Aug 30, 2011
$260,000
$245,000 by Mortgage Lenders Of America Ll
Mortgage Due Jul 01, 2045
Sold Feb 27, 2009
$344,527
Local assessors in Los Angeles, CA have categorized 3262 East 2nd Street as a residential type of property. The home was built in 1904 and is 120 years old. It was most recently renovated and altered in 1914. The property's lot size has been calculated to be 4,513 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 3262 East 2nd Street has a total of 1,548 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. Residents rely on air conditioning for their cooling system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 3262 East 2nd Street was last sold in Aug 2, 2011 for $260,000. According to our calculations, that's $167.96 per sqft. Prior to that sales transaction, the property was sold for $344,527 in Feb 18, 2009. Current property owners are expected to pay $3,809 in taxes per year. The property on 3262 East 2nd Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $313,882. To break that down further, the land itself was valued at $150,903. While improvements to the property were assessed at a total of $162,979. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can 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: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,513
  • Total Building Area: 1,548
  • Gross Building Area: 1,548
  • Building Area: 1,548
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,548
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LA PALOMA HEIGHTS TRACT
  • Land Acres: 0.104
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: LA PALOMA HEIGHTS TRACT NE 90 FT OF LOT/SEC 96

Ownership

  • Current Owner : CHAVEZ MINERVA SUSANA
  • Previous Owner : AZTEC FINANCIAL
  • Owner Before Previous Owner: ESTATE OF RAQUEL GALLARZO
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 204110

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 45-B4
  • Parcel: 5179-010-034
  • Lot: 96
  • Municipality: EAST /BOYLE HEIGHTS
  • Latitude: 34.0363
  • Longitude: -118.198

    Address

  • Full Address: 3262 E 2nd St
  • Address - House Number: 3262
  • Street Direction: E
  • Address - Street Name: 2nd
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C031
  • 4-Digit Zip Code: 3010
  • Zip Code: 90063

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,809
  • Tax Rate Code Area: 00-004

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 792,981
  • High Value: 970,131
  • Low Value: 615,830

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $345,000
  • First Open Lien Mortgage Lender: MORTGAGE LENDERS OF AMERICA LL
  • First Open Lien Mortgage Recording Date: Jun 25, 2015
  • First Open Lien Mortgage Loan Amount: $245,000
  • 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: Jul 01, 2045
  • Second Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • Second Open Lien Mortgage Recording Date: Feb 10, 2016
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 419
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Feb 02, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $313,882
  • Assessed Land Value: $150,903
  • Assessed Improvements Value: $162,979

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 02, 2011
  • Current Sale Recording Date: Aug 30, 2011
  • Current Sale Transaction ID: 1032650865
  • Current Sale Price: $260,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 11-1173161
  • Previous Sale Recording Date: Feb 27, 2009
  • Previous Sale Contract Date: Feb 18, 2009
  • Previous Sale Amount: $344,527
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

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Frequently Asked Questions

What neighborhood is 3262 East 2nd Street located in?
The 3262 East 2nd Street is a located in the neighborhood of Boyle Heights in East LA, Los Angeles.
What is the average sales price for listings in 3262 East 2nd Street?
The average sales price for units in 3262 East 2nd Street is $0 currently.

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