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338 South Mansfield Avenue

338 South Mansfield Avenue, Los Angeles, CA 90036
Property in Greater Wilshire
Sold Jun 27, 1994
$270,000
Buyer
Seller
$201,500 by First Global Bank Fsb
Mortgage Due Jul 01, 2024
338 South Mansfield Avenue in Los Angeles, CA was first built in 1924 and is 100 years old. Although, the building on the property was most recently renovated and altered in 1950. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a Mediterranean style. It is a single story home. There are a total of 7 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 338 South Mansfield Avenue has 2,050 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 1,350. In total, the area measurement of the land is 6,750 square feet.

Learn more about the property and building on this page. The home has a flat style roof made of roll composition. For those who need parking, there is a detached garage. There is one available parking space. 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 A. The condition of the building has been evaluated as poor. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. 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. 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, 338 South Mansfield Avenue was last sold in Jun 15, 1994 for $270,000. According to our calculations, that's $131.71 per sqft. Current property owners are expected to pay $5,349 in taxes per year. The property on 338 South Mansfield Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $653,213. To break that down further, the land itself was valued at $493,740. While improvements to the property were assessed at a total of $159,473. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1924
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Poor
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Mediterranean
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Flat
  • Roof Cover Type: Roll composition
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,750
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,050
  • Building Area: 2,050
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Floor/wall
  • Heated Square Feet: 2,050
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 5049
  • Land Acres: 0.155
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 5049 LOT/SEC 151

Ownership

  • Current Owner : PAK SUN CHIN
  • Previous Owner : CITIMAE INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 211000

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 43-B1
  • Subdivision Tract Number: 5049
  • Parcel: 5507-005-019
  • Lot: 151
  • Municipality: WEST /HANCOCK PARK
  • Latitude: 34.0678
  • Longitude: -118.34

    Address

  • Full Address: 338 S Mansfield Ave
  • Address - House Number: 338
  • Street Direction: S
  • Address - Street Name: Mansfield
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C014
  • 4-Digit Zip Code: 3057
  • Zip Code: 90036

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,349
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2248
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 1,732,475
  • High Value: 2,122,019
  • Low Value: 1,342,931

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $201,500
  • First Open Lien Mortgage Lender: FIRST GLOBAL BANK FSB
  • First Open Lien Mortgage Recording Date: Jun 27, 1994
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $201,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2024

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $653,213
  • Assessed Land Value: $493,740
  • Assessed Improvements Value: $159,473

    Sales

  • Current Sale Contract Date: Jun 15, 1994
  • Current Sale Recording Date: Jun 27, 1994
  • Current Sale Transaction ID: 1035047433
  • Current Sale Price: $270,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 94-1215906

    Last Sale Mortgage

  • First Mortgage Lender: FIRST GLOBAL BANK FSB
  • First Mortgage Transaction Date: Jun 27, 1994
  • First Mortgage Loan Amount: $201,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Jul 01, 2024

    Financing

  • First Mortgage Financing Type: Variable

About Central LA



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Frequently Asked Questions

What neighborhood is 338 South Mansfield Avenue located in?
The 338 South Mansfield Avenue is a located in the neighborhood of Greater Wilshire in Central LA, Los Angeles.
What is the average sales price for listings in 338 South Mansfield Avenue?
The average sales price for units in 338 South Mansfield Avenue is $0 currently.

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