401 Westminster Avenue

Local assessors in Los Angeles, CA have categorized 401 Westminster Avenue as a residential type of property. The home was built in 1922 and is 102 years old. The property's lot size has been calculated to be 6,635 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a quadplex 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, 8 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 4 full bathrooms. There are also 4 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 401 Westminster Avenue has a total of 5,840 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. The property was last sold in Oct 5, 2009 for $1,100,000. That's $188.36 per sqft. Prior to that sales transaction, the property was also sold in Feb 13, 2001 for $640,000. 401 Westminster Avenue was last assessed in 2023. The total value of the property was assessed at $1,929,961. Specifically, the land the property is located on was valued at $1,286,641. While improvements on the property were assessed at a total of $643,320. 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 $22,778. 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. 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.