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3711 Selby Avenue

3711 Selby Avenue, Los Angeles, CA 90034
Property in Palms
Sold Jun 25, 2004
$875,000
$435,000 by New Wave Lending Group Inc
Mortgage Due Jan 01, 2037
Local assessors in Los Angeles, CA have categorized 3711 Selby Avenue as a residential type of property. The home was built in 1955 and is 69 years old. The property's lot size has been calculated to be 5,439 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a triplex style. 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, 7 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 3 full bathrooms. There are also 3 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 3711 Selby Avenue has a total of 2,844 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. Residents rely on air conditioning for their cooling system. 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, 3711 Selby Avenue sold most recently in May 17, 2004 for a total of $875,000. If you work out the math, that's approximately a cost of $307.67 per sqft. 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 $14,063 in taxes each year. 3711 Selby Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,195,747. If we break it down further, the land itself was valued at $819,946. Improvements to the property, however, were assessed at a total of $375,801. The property's total assessed value has been marked as more than the total market value which is pretty atypical. 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!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.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Bedroom Count: 7
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Style: Triplex
  • Living Units: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,439
  • Total Building Area: 2,844
  • Gross Building Area: 2,844
  • Building Area: 2,844
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 2,844
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 7408
  • Land Acres: 0.125
  • Standard Land Use Code: Triplex (3 units, any combination)
  • Legal Description 1: TRACT # 7408 LOT/SEC 35

Ownership

  • Current Owner : KANG HWA CHONG
  • Previous Owner : BEELEY JOHN D
  • Previous Owner 2: MENAGER BEELEY ROSEMARIE
  • Ownership Rights Codes: Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 271803

Zoning

  • Zoning: LAR3

Geography

  • Assessors Map Reference: 42-B6
  • Subdivision Tract Number: 7408
  • Parcel: 4252-032-006
  • Lot: 35
  • Municipality: WEST /PALMS
  • Latitude: 34.0198
  • Longitude: -118.41

    Address

  • Full Address: 3711 Selby Ave
  • Address - House Number: 3711
  • Address - Street Name: Selby
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C051
  • 4-Digit Zip Code: 6212
  • Zip Code: 90034

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,063
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2245
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,819,591
  • High Value: 2,228,204
  • Low Value: 1,410,978

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $435,000
  • First Open Lien Mortgage Lender: NEW WAVE LENDING GROUP INC
  • First Open Lien Mortgage Recording Date: Jan 10, 2022
  • First Open Lien Mortgage Loan Amount: $435,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2037

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,195,747
  • Assessed Land Value: $819,946
  • Assessed Improvements Value: $375,801

    Sales

  • Current Sale Contract Date: May 17, 2004
  • Current Sale Recording Date: Jun 25, 2004
  • Current Sale Transaction ID: 1039611014
  • Current Sale Price: $875,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 04-1628962

    Last Sale Mortgage

  • First Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • First Mortgage Transaction Date: Jun 25, 2004
  • First Mortgage Loan Amount: $650,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Negative Amortization
  • First Mortgage Loan Due Date: Jul 01, 2034

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 3711 Selby Avenue located in?
The 3711 Selby Avenue is a located in the neighborhood of Palms in West Los Angeles, Los Angeles.
What is the average sales price for listings in 3711 Selby Avenue?
The average sales price for units in 3711 Selby Avenue is $0 currently.

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