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354 East 71st Street

354 East 71st Street, Los Angeles, CA 90003
Property in CANNDU
Sold Aug 19, 2020
$490,000
$481,124 by Equity Prime Mortgage Llc
Mortgage Due Sep 01, 2050
Sold Dec 21, 2011
$240,000
$233,916 by Geo Corp Inc
Mortgage Due Jan 01, 2042
354 East 71st Street in Los Angeles, CA was first built in 1924 and is 100 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 354 East 71st Street has 1,272 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. In total, the area measurement of the land is 4,280 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. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating 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, 354 East 71st Street was last sold in Jun 4, 2020 for $490,000. According to our calculations, that's $385.22 per sqft. Prior to that sales transaction, the property was sold for $240,000 in Dec 20, 2011. Current property owners are expected to pay $6,094 in taxes per year. The property on 354 East 71st Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $509,795. To break that down further, the land itself was valued at $305,877. While improvements to the property were assessed at a total of $203,918. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1924
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,280
  • Total Building Area: 1,272
  • Building Area: 1,272
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,272
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 2395
  • Land Acres: 0.098
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: TRACT NO 2395 LOT/SEC 17 BLK/DIV/TWN 3

Ownership

  • Current Owner : CRUZ GENESIS PADILLA
  • Previous Owner : PERALTA EDGAR L
  • Previous Owner 2: GONZALEZ JUANITA A
  • Owner Before Previous Owner: NUNEZ RAFAEL
  • Owner Before Previous Owner 2: NUVIAS PROPERTIES INC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 239330

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 52-B5
  • Subdivision Tract Number: 2395
  • Parcel: 6011-008-015
  • Block: 3
  • Lot: 17
  • Municipality: SOUTH /L.A./FLORENCE
  • Latitude: 33.9752
  • Longitude: -118.268

    Address

  • Full Address: 354 E 71st St
  • Address - House Number: 354
  • Street Direction: E
  • Address - Street Name: 71st
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C067
  • 4-Digit Zip Code: 2218
  • Zip Code: 90003

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,094
  • Tax Rate Code Area: 00-007

    Appraisal Valuation

  • Standard Deviation: 0.2284
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 599,478
  • High Value: 736,430
  • Low Value: 462,527

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $481,124
  • First Open Lien Mortgage Lender: EQUITY PRIME MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Aug 19, 2020
  • First Open Lien Mortgage Loan Amount: $481,124
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $509,795
  • Assessed Land Value: $305,877
  • Assessed Improvements Value: $203,918

    Sales

  • Current Sale Contract Date: Jun 04, 2020
  • Current Sale Recording Date: Aug 19, 2020
  • Current Sale Transaction ID: 11781511733
  • Current Sale Price: $490,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-0963146
  • Previous Sale Recording Date: Dec 21, 2011
  • Previous Sale Contract Date: Dec 20, 2011
  • Previous Sale Amount: $240,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: EQUITY PRIME MORTGAGE LLC
  • First Mortgage Transaction Date: Aug 19, 2020
  • First Mortgage Loan Amount: $481,124
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: GEO CORP INC
  • Previous Mortgage Transaction Date: Dec 21, 2011
  • Previous Mortgage Loan Amount: $233,916
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jan 01, 2042

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Frequently Asked Questions

What neighborhood is 354 East 71st Street located in?
The 354 East 71st Street is a located in the neighborhood of CANNDU in South LA, Los Angeles.
What is the average sales price for listings in 354 East 71st Street?
The average sales price for units in 354 East 71st Street is $0 currently.

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