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404 East 60th Street

404 East 60th Street, Los Angeles, CA 90003
Property in CANNDU
Sold Jul 28, 2023
$745,000
$707,000 by U.s. Bank National Association
Mortgage Due Aug 01, 2053
Sold May 08, 2020
$579,000
$329,000 by Pacific City Bank
Mortgage Due Jun 01, 2050
Local assessors in Los Angeles, CA have categorized 404 East 60th Street as a residential type of property. The home was built in 1908 and is 116 years old. It was most recently renovated and altered in 1924. The property's lot size has been calculated to be 5,401 square feet. The linear feet between the front and back of the lot was measured at 1,350 ft and the front of the lot was measured at 400 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 rooms in the home. Of these, 3 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 2 full bathrooms. There are also 2 partial bathrooms. 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 404 East 60th Street has a total of 1,728 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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is fair. 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 - B. The home's floor/wall heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Jul 26, 2023 for $745,000. That's $431.13 per sqft. Prior to that sales transaction, the property was also sold in May 4, 2020 for $579,000. 404 East 60th Street was last assessed in 2023. The total value of the property was assessed at $608,630. Specifically, the land the property is located on was valued at $420,470. While improvements on the property were assessed at a total of $188,160. 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 $7,198. 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! 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1908
  • Effective Year Built: 1924
  • Building Count: 2
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Fair
  • Building Quality: B
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,401
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,728
  • Building Area: 1,728
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,728
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ASCOT TRACT
  • Land Acres: 0.124
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ASCOT PLACE LOT/SEC 14 BLK/DIV/TWN B

Ownership

  • Current Owner : SANTAMARIA DAGOBERTO ALEMAN
  • Previous Owner : LEE RICHARD S
  • Previous Owner 2: LEE JEFFREY J
  • Owner Before Previous Owner: GONZALEZ MARIA DOLORES
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried man

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 239202

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 52-B4
  • Parcel: 6006-026-014
  • Block: B
  • Lot: 14
  • Municipality: SOUTH /L.A./FLORENCE
  • Latitude: 33.985
  • Longitude: -118.267

    Address

  • Full Address: 404 E 60th St
  • Address - House Number: 404
  • Street Direction: E
  • Address - Street Name: 60th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C011
  • 4-Digit Zip Code: 1330
  • Zip Code: 90003

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,198
  • Tax Rate Code Area: 00-007

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 96
  • Final Value: 698,911
  • High Value: 746,263
  • Low Value: 651,558

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $707,000
  • First Open Lien Mortgage Lender: U.S. BANK NATIONAL ASSOCIATION
  • First Open Lien Mortgage Recording Date: Jul 28, 2023
  • First Open Lien Mortgage Loan Amount: $707,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $608,630
  • Assessed Land Value: $420,470
  • Assessed Improvements Value: $188,160

    Sales

  • Current Sale Contract Date: Jul 26, 2023
  • Current Sale Recording Date: Jul 28, 2023
  • Current Sale Transaction ID: 11910018951
  • Current Sale Price: $745,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 500022
  • Previous Sale Recording Date: May 08, 2020
  • Previous Sale Contract Date: May 04, 2020
  • Previous Sale Amount: $579,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: U.S. BANK NATIONAL ASSOCIATION
  • First Mortgage Transaction Date: Jul 28, 2023
  • First Mortgage Loan Amount: $707,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: PACIFIC CITY BANK
  • Previous Mortgage Transaction Date: May 08, 2020
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $329,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Jun 01, 2050

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Frequently Asked Questions

What neighborhood is 404 East 60th Street located in?
The 404 East 60th Street is a located in the neighborhood of CANNDU in South LA, Los Angeles.
What is the average sales price for listings in 404 East 60th Street?
The average sales price for units in 404 East 60th Street is $0 currently.

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