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3672 South Western Avenue

3672 South Western Avenue, Los Angeles, CA 90018
Commercial in Congress North
1 Units For Sale
Unit for sale at 3672 S Western Avenue, Los Angeles, CA 90018

$1,289,000

  • Commercial
  • 3,410 ft²
3672 S Western Avenue, Los Angeles, CA 90018 Listing by STACY LETT

Local assessors in Los Angeles, CA have categorized 3672 South Western Avenue as a commercial type of property. The home was built in 1923 and is 101 years old. The property's lot size has been calculated to be 5,354 square feet. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3672 South Western Avenue has a total of 3,410 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. 3672 South Western Avenue is a 3 code building. This code stands for "buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame". 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 masonry 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 - C. Residents rely on central 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, 3672 South Western Avenue was last sold in Nov 3, 2023 for $700,000. According to our calculations, that's $205.28 per sqft. Current property owners are expected to pay $1,320 in taxes per year. The property on 3672 South Western Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $60,964. To break that down further, the land itself was valued at $42,383. While improvements to the property were assessed at a total of $18,581. 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 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: 1923
  • Effective Year Built: 1923
  • Building Count: 5
  • Bedroom Count: 0
  • Building Quality: C
  • Construction Type: Masonry
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,354
  • Total Building Area: 3,410
  • Gross Building Area: 3,410
  • Building Area: 3,410
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 3,410
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Exterior non-combustible materials/Interior combustible materials
  • Property Class: Commercial
  • Land Acres: 0.123
  • Standard Land Use Code: Retail/residential (mixed use)
  • Legal Description 1: OLDER AND HANEMANS RESUB OF MARCHS SOUTH WEST TRACT EX OF ST LOT/SEC 12

Ownership

  • Current Owner : MAGNOLIA EQUITY GROUP LLC
  • Previous Owner : SADIE D BURRELL REVOCABLE TRUST
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 222500

Zoning

  • Zoning: LAC2

Geography

  • Assessors Map Reference: 43-E6
  • Parcel: 5041-022-013
  • Lot: 12
  • Municipality: WEST /JEFFRSON PK/USC
  • Latitude: 34.0213
  • Longitude: -118.309

    Address

  • Full Address: 3672 S Western Ave
  • Address - House Number: 3672
  • Street Direction: S
  • Address - Street Name: Western
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C045
  • 4-Digit Zip Code: 3827
  • Zip Code: 90018

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,320
  • Tax Rate Code Area: 00-210

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $420,000
  • First Open Lien Mortgage Lender: BECKER CHARLES
  • First Open Lien Mortgage Recording Date: Dec 18, 2023
  • First Open Lien Mortgage Loan Amount: $420,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Private Lender: T

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $60,964
  • Assessed Land Value: $42,383
  • Assessed Improvements Value: $18,581

    Sales

  • Current Sale Contract Date: Nov 03, 2023
  • Current Sale Recording Date: Dec 18, 2023
  • Current Sale Transaction ID: 11918091709
  • Current Sale Price: $700,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 883939

    Last Sale Mortgage

  • First Mortgage Lender: BECKER CHARLES
  • First Mortgage Transaction Date: Dec 18, 2023
  • First Mortgage Loan Amount: $420,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About South LA



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 3672 South Western Avenue located in?
The 3672 South Western Avenue is a commercial located in the neighborhood of Congress North in South LA, Los Angeles.
How many listings are currently for sale in 3672 South Western Avenue?
There is a listing currently on the market for sale.
What is the average sales price for listings in 3672 South Western Avenue?
The average sales price for units in 3672 South Western Avenue is $1,289,000 , or $378/sqft. currently.

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