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358 South Citrus Avenue

358 South Citrus Avenue, Los Angeles, CA 90036
Sold Jun 23, 2020
$2,078,000
$1,558,500 by Pnc Bank Na
Mortgage Due Jul 01, 2050
Sold Jul 03, 2018
$1,644,000
$900,000 by Hsbc Bank Usa
Mortgage Due Aug 01, 2048
358 South Citrus 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 1980. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a Tudor style. It is a single story home. There are a total of 10 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. 358 South Citrus Avenue has 1,881 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 1,290. In total, the area measurement of the land is 6,459 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of composition shingle. 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 C. The exterior walls of the home are made of stucco. As for heating, the home is utilizing a central 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. The property was last sold in May 15, 2020 for $2,078,000. That's $1,104.73 per sqft. Prior to that sales transaction, the property was also sold in Jun 5, 2018 for $1,644,000. 358 South Citrus Avenue was last assessed in 2023. The total value of the property was assessed at $2,184,347. Specifically, the land the property is located on was valued at $1,747,478. While improvements on the property were assessed at a total of $436,869. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $25,323. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Driveway

Driveway

Parking

Detached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Tudor
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,459
  • Lot Size Depth Feet: 1,290
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,881
  • Building Area: 1,881
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,881
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 5049
  • Land Acres: 0.148
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 5049 LOT/SEC 65

Ownership

  • Current Owner : FERRARIS CHRISTOPHER LOU
  • Current Owner 2: FERRARIS MARIANNA DAMASCENA
  • Previous Owner : RUTSON SARAH LOUISE
  • Owner Before Previous Owner: HAMILTON JOHN
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

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: 5507-004-013
  • Lot: 65
  • Municipality: WEST /HANCOCK PARK
  • Latitude: 34.0672
  • Longitude: -118.339

    Address

  • Full Address: 358 S Citrus Ave
  • Address - House Number: 358
  • Street Direction: S
  • Address - Street Name: Citrus
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C014
  • 4-Digit Zip Code: 3036
  • Zip Code: 90036

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $25,323
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2248
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 2,304,351
  • High Value: 2,822,481
  • Low Value: 1,786,221

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,558,500
  • First Open Lien Mortgage Lender: PNC BANK NA
  • First Open Lien Mortgage Recording Date: Jun 23, 2020
  • First Open Lien Mortgage Loan Amount: $1,558,500
  • 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, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,184,347
  • Assessed Land Value: $1,747,478
  • Assessed Improvements Value: $436,869

    Sales

  • Current Sale Contract Date: May 15, 2020
  • Current Sale Recording Date: Jun 23, 2020
  • Current Sale Transaction ID: 11772113752
  • Current Sale Price: $2,078,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-0682022
  • Previous Sale Recording Date: Jul 03, 2018
  • Previous Sale Contract Date: Jun 05, 2018
  • Previous Sale Amount: $1,644,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: PNC BANK NA
  • First Mortgage Transaction Date: Jun 23, 2020
  • First Mortgage Loan Amount: $1,558,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: HSBC BANK USA
  • Previous Mortgage Transaction Date: Jul 03, 2018
  • Previous Mortgage Loan Amount: $900,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2048

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Frequently Asked Questions

What neighborhood is 358 South Citrus Avenue located in?
The 358 South Citrus Avenue is a house located in the neighborhood of Greater Wilshire in Central LA, Los Angeles.
What is the average sales price for listings in 358 South Citrus Avenue?
The average sales price for units in 358 South Citrus Avenue is $0 currently.

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