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3557 Jasmine Avenue

3557 Jasmine Avenue, Los Angeles, CA 90034
Property in Palms
Sold Sep 14, 2021
$6,500,000
$3,400,000 by Altura Cu
Mortgage
Sold Mar 13, 1998
$957,500
$650,000 by Northern Trust Bank Of Califor
Mortgage
Local assessors in Los Angeles, CA have categorized 3557 Jasmine Avenue as a residential type of property. The home was built in 1964 and is 60 years old. The property's lot size has been calculated to be 7,501 square feet. 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, 11 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 11 full bathrooms. There are also 11 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 3557 Jasmine Avenue has a total of 7,863 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, 3557 Jasmine Avenue was last sold in Aug 26, 2021 for $6,500,000. According to our calculations, that's $826.66 per sqft. Prior to that sales transaction, the property was sold for $957,500 in Mar 9, 1998. Current property owners are expected to pay $39,225 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 3557 Jasmine Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $3,315,000. To break that down further, the land itself was valued at $2,958,000. While improvements to the property were assessed at a total of $357,000. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Bedroom Count: 11
  • Bathroom Count: 11
  • Full Bathrooms: 11
  • Partial Bathrooms: 11
  • Building Quality: B
  • Construction Type: Wood
  • Living Units: 8
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,501
  • Total Building Area: 7,863
  • Gross Building Area: 7,863
  • Building Area: 7,863
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 7,863
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE PALMS
  • Land Acres: 0.172
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Personal property general
  • Legal Description 1: THE PALMS LOT/SEC 10 BLK/DIV/TWN T

Ownership

  • Current Owner : KOPPLE JOEL DAVID
  • Current Owner 2: KOPPLE MADELYNN GAIL
  • Previous Owner : MILLER DAVID FRANCIS
  • Previous Owner 2: MILLER JOANNE LAURA
  • Owner Before Previous Owner: TRUST THOMPSON ERNEST B CO TR E B THOMPS
  • Owner Before Previous Owner 2: THOMPSON MARJORIE FREEBORN
  • Ownership Rights Codes: Family Trust

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 269907

Zoning

  • Zoning: LAR3

Geography

  • Assessors Map Reference: 42-B5
  • Parcel: 4314-014-011
  • Block: T
  • Lot: 10
  • Municipality: WEST /PALMS
  • Latitude: 34.0262
  • Longitude: -118.406

    Address

  • Full Address: 3557 Jasmine Ave
  • Address - House Number: 3557
  • Address - Street Name: Jasmine
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C065
  • 4-Digit Zip Code: 4940
  • Zip Code: 90034

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $39,225
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.221
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 55
  • Final Value: 3,172,079
  • High Value: 3,873,245
  • Low Value: 2,470,912

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,400,000
  • First Open Lien Mortgage Lender: ALTURA CU
  • First Open Lien Mortgage Recording Date: Sep 14, 2021
  • First Open Lien Mortgage Loan Amount: $3,400,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,315,000
  • Assessed Land Value: $2,958,000
  • Assessed Improvements Value: $357,000

    Sales

  • Current Sale Contract Date: Aug 26, 2021
  • Current Sale Recording Date: Sep 14, 2021
  • Current Sale Transaction ID: 11855333271
  • Current Sale Price: $6,500,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1406340
  • Previous Sale Recording Date: Mar 13, 1998
  • Previous Sale Contract Date: Mar 09, 1998
  • Previous Sale Amount: $957,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALTURA CU
  • First Mortgage Transaction Date: Sep 14, 2021
  • First Mortgage Loan Amount: $3,400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: NORTHERN TRUST BANK OF CALIFOR
  • Previous Mortgage Transaction Date: Mar 13, 1998
  • Previous Mortgage Loan Amount: $650,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About West Los Angeles



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Frequently Asked Questions

What neighborhood is 3557 Jasmine Avenue located in?
The 3557 Jasmine Avenue is a located in the neighborhood of Palms in West Los Angeles, Los Angeles.
What is the average sales price for listings in 3557 Jasmine Avenue?
The average sales price for units in 3557 Jasmine Avenue is $0 currently.

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