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3404 East Olympic Boulevard

3404 East Olympic Boulevard, Los Angeles, CA 90023
Property in Boyle Heights
3404 East Olympic Boulevard has been categorized by the local assessors in Los Angeles, CA as a industrial type of property. The building on the property was first built in 1954 and is 70 years old. However, we must point out that the home was most recently renovated and altered in 1956. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 3404 East Olympic Boulevard has 760 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 3,181 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We know that this is 4 code building. This code stands for "buildings that have wood or wood and steel frames.". 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 B by the local assessor. The inside of the home is being cooled with no air conditioning at the moment. 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, 3404 East Olympic Boulevard sold most recently in Mar 25, 2019 for a total of $390,000. If you work out the math, that's approximately a cost of $513.16 per sqft. Before that, the property was also sold for $120,000 in Jul 15, 2003. 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 $5,068 in taxes each year. The initial year of tax delinquency occurred in 2019. 3404 East Olympic Boulevard was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $418,157. If we break it down further, the land itself was valued at $192,996. Improvements to the property, however, were assessed at a total of $225,161. 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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1956
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: B
  • Construction Type: Wood
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,181
  • Total Building Area: 760
  • Gross Building Area: 760
  • Building Area: 760
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: unknown
  • Heated Square Feet: 760
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Industrial
  • Subdivision: 5030
  • Land Acres: 0.073
  • Standard Land Use Code: Light industrial
  • Legal Description 1: TRACT # 5030 W 30 FT OF LOT/SEC 1

Ownership

  • Current Owner : JANG EUN SUK
  • Previous Owner : YOL KIM YOUNG MAN
  • Previous Owner 2: YOL KIM SOON
  • Owner Before Previous Owner: DOUMANI FRED G
  • Ownership Rights Codes: Sole Owner

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 205120

Zoning

  • Zoning: LAM2

Geography

  • Assessors Map Reference: 53-B1
  • Subdivision Tract Number: 5030
  • Parcel: 5190-035-001
  • Lot: 1
  • Municipality: EAST /VERNON N.
  • Latitude: 34.0185
  • Longitude: -118.205

    Address

  • Full Address: 3404 E Olympic Blvd
  • Address - House Number: 3404
  • Street Direction: E
  • Address - Street Name: Olympic
  • Address - Suffix Type: Blvd
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C006
  • 4-Digit Zip Code: 3031
  • Zip Code: 90023

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,068
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 12-704

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $302,000
  • First Open Lien Mortgage Lender: AMERICAN CONTINENTAL BANK
  • First Open Lien Mortgage Recording Date: May 14, 2019
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $302,000
  • 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: $418,157
  • Assessed Land Value: $192,996
  • Assessed Improvements Value: $225,161

    Sales

  • Current Sale Contract Date: Mar 25, 2019
  • Current Sale Recording Date: May 14, 2019
  • Current Sale Transaction ID: 11607029552
  • Current Sale Price: $390,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19-0438336
  • Previous Sale Recording Date: Jul 31, 2003
  • Previous Sale Contract Date: Jul 15, 2003
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN CONTINENTAL BANK
  • First Mortgage Transaction Date: May 14, 2019
  • First Mortgage Loan Amount: $302,000
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: SAEHAN BANK
  • Previous Mortgage Transaction Date: Jul 31, 2003
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $105,000
  • Previous Mortgage Loan Type: Purchase Money Mortgage

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Frequently Asked Questions

What neighborhood is 3404 East Olympic Boulevard located in?
The 3404 East Olympic Boulevard is a located in the neighborhood of Boyle Heights in East LA, Los Angeles.
What is the average sales price for listings in 3404 East Olympic Boulevard?
The average sales price for units in 3404 East Olympic Boulevard is $0 currently.

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