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3854 Boyce Avenue

3854 Boyce Avenue, Los Angeles, CA 90039
Multifamily in Central Atwater
Sold Oct 06, 2021
$2,170,000
$1,600,000 by Luther Burbank Savings
Mortgage Due Nov 01, 2061
Sold May 31, 2019
$1,640,000
$740,000 by Movement Mortgage
Mortgage Due Jun 01, 2049
Local assessors in Los Angeles, CA have categorized 3854 Boyce Avenue as a residential type of property. The home was built in 1931 and is 93 years old. The property's lot size has been calculated to be 6,749 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex 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, 6 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 6 full bathrooms. There are also 6 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 3854 Boyce Avenue has a total of 3,036 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, 3854 Boyce Avenue sold most recently in Aug 4, 2021 for a total of $2,170,000. If you work out the math, that's approximately a cost of $714.76 per sqft. Before that, the property was also sold for $1,640,000 in Apr 30, 2019. 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 $25,729 in taxes each year. 3854 Boyce Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,213,400. If we break it down further, the land itself was valued at $1,193,400. Improvements to the property, however, were assessed at a total of $1,020,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 1931
  • Effective Year Built: 1931
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,749
  • Total Building Area: 3,036
  • Gross Building Area: 3,036
  • Building Area: 3,036
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 3,036
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 2004
  • Land Acres: 0.155
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: TR=2004 LOT 11 BLK I

Ownership

  • Current Owner : THOMPSON LOUIS WARREN
  • Current Owner 2: MASSON SARAH M
  • Previous Owner : STEINER MICHAEL
  • Previous Owner 2: TASKER MARA
  • Owner Before Previous Owner: MOMANUS GILLIAN ANNA
  • Owner Before Previous Owner 2: THE NEWELL FAMILY TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants in Common

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 188300

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 25-C6
  • Subdivision Tract Number: 2004
  • Parcel: 5435-011-012
  • Block: I
  • Lot: 11
  • Municipality: EAST /LA ELYSIAN PARK
  • Latitude: 34.1229
  • Longitude: -118.263

    Address

  • Full Address: 3854 Boyce Ave
  • Address - House Number: 3854
  • Address - Street Name: Boyce
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C044
  • 4-Digit Zip Code: 1630
  • Zip Code: 90039

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $25,729
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.2297
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 1,985,415
  • High Value: 2,441,630
  • Low Value: 1,529,200

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,600,000
  • First Open Lien Mortgage Lender: LUTHER BURBANK SAVINGS
  • First Open Lien Mortgage Recording Date: Oct 06, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,600,000
  • First Open Lien Mortgage Term: 480
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2061

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,213,400
  • Assessed Land Value: $1,193,400
  • Assessed Improvements Value: $1,020,000

    Sales

  • Current Sale Contract Date: Aug 04, 2021
  • Current Sale Recording Date: Oct 06, 2021
  • Current Sale Transaction ID: 11858705873
  • Current Sale Price: $2,170,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1516618
  • Previous Sale Recording Date: May 31, 2019
  • Previous Sale Contract Date: Apr 30, 2019
  • Previous Sale Amount: $1,640,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: LUTHER BURBANK SAVINGS
  • First Mortgage Transaction Date: Oct 06, 2021
  • First Mortgage Loan Amount: $1,600,000
  • First Mortgage Terms: 480
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2061

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: MOVEMENT MORTGAGE
  • Previous Mortgage Transaction Date: May 31, 2019
  • Previous Mortgage Loan Amount: $740,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2049

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Frequently Asked Questions

What neighborhood is 3854 Boyce Avenue located in?
The 3854 Boyce Avenue is a multifamily located in the neighborhood of Central Atwater in East LA, Los Angeles.
What is the average sales price for listings in 3854 Boyce Avenue?
The average sales price for units in 3854 Boyce Avenue is $0 currently.

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