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3846 South Grand Avenue

3846 South Grand Avenue, Los Angeles, CA 90037
Property in South Central LA
Sold May 16, 2014
$1,325,013
$1,866,000 by Genesis Bank
Mortgage
Sold Jun 19, 2003
$242,211
Local assessors in Los Angeles, CA have categorized 3846 South Grand Avenue as a residential type of property. The home was built in 1923 and is 101 years old. The property's lot size has been calculated to be 7,259 square feet. As for the restroom situation, there are 20 full bathrooms. There are also 20 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 3846 South Grand Avenue has a total of 10,320 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 - C. 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, 3846 South Grand Avenue sold most recently in Apr 16, 2014 for a total of $1,325,013. If you work out the math, that's approximately a cost of $128.39 per sqft. Before that, the property was also sold for $242,211 in Jun 19, 2003. 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 $19,528 in taxes each year. 3846 South Grand Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,561,187. If we break it down further, the land itself was valued at $471,299. Improvements to the property, however, were assessed at a total of $1,089,888. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1923
  • Effective Year Built: 1923
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 20
  • Full Bathrooms: 20
  • Partial Bathrooms: 20
  • Building Quality: C
  • Construction Type: Wood
  • Living Units: 20
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,259
  • Total Building Area: 10,320
  • Gross Building Area: 10,320
  • Building Area: 10,320
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 10,320
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ZOBELEINS GRAND AVE & FIGUERO
  • Land Acres: 0.167
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Personal property general
  • Legal Description 1: ZOBELEINS GRAND AVE AND FIGUEROA ST TRACT LOT/SEC 21 BLK/DIV/TWN 9

Ownership

  • Current Owner : ATLANTIC LLC
  • Previous Owner : HELVEY HARLEN
  • Owner Before Previous Owner: RODRIGUEZ MARTHA
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 231100

Zoning

  • Zoning: LACM

Geography

  • Assessors Map Reference: 52-A1
  • Parcel: 5122-027-022
  • Block: 9
  • Lot: 21
  • Municipality: SOUTH /L.A./FLORENCE
  • Latitude: 34.0137
  • Longitude: -118.28

    Address

  • Full Address: 3846 S Grand Ave
  • Address - House Number: 3846
  • Street Direction: S
  • Address - Street Name: Grand
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C032
  • 4-Digit Zip Code: 1341
  • Zip Code: 90037

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $19,528
  • Tax Rate Code Area: 06-658

    Appraisal Valuation

  • Standard Deviation: 0.221
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 55
  • Final Value: 1,520,765
  • High Value: 1,856,919
  • Low Value: 1,184,610

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,866,000
  • First Open Lien Mortgage Lender: GENESIS BANK
  • First Open Lien Mortgage Recording Date: Jan 19, 2023
  • First Open Lien Mortgage Loan Amount: $1,866,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,561,187
  • Assessed Land Value: $471,299
  • Assessed Improvements Value: $1,089,888

    Sales

  • Current Sale Contract Date: Apr 16, 2014
  • Current Sale Recording Date: May 16, 2014
  • Current Sale Transaction ID: 1031405220
  • Current Sale Price: $1,325,013
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 14-0510341
  • Previous Sale Recording Date: Jun 19, 2003
  • Previous Sale Contract Date: Jun 19, 2003
  • Previous Sale Amount: $242,211
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: XCEED FINANCIAL FCU
  • First Mortgage Transaction Date: May 16, 2014
  • First Mortgage Loan Amount: $927,500
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: May 01, 2029

    Financing

  • First Mortgage Financing Type: Variable

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Frequently Asked Questions

What neighborhood is 3846 South Grand Avenue located in?
The 3846 South Grand Avenue is a located in the neighborhood of South Central LA in South LA, Los Angeles.
What is the average sales price for listings in 3846 South Grand Avenue?
The average sales price for units in 3846 South Grand Avenue is $0 currently.

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