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4180 Marlton Avenue

4180 Marlton Avenue, Los Angeles, CA 90008
Property in Crenshaw
Sold Jul 01, 2021
$15,300,000
$9,900,000 by Pacific Premier Bank
Mortgage
Local assessors in Los Angeles, CA have categorized 4180 Marlton Avenue as a residential type of property. The home was built in 1989 and is 35 years old. The property's lot size has been calculated to be 89,136 square feet. 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, 95 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 95 full bathrooms. There are also 95 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 4180 Marlton Avenue has a total of 46,826 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 - B. Residents rely on a refrigeration air conditioning system for their cooling system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 4180 Marlton Avenue was last sold in Apr 29, 2021 for $15,300,000. According to our calculations, that's $326.74 per sqft. Current property owners are expected to pay $185,505 in taxes per year. The property on 4180 Marlton Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $15,606,000. To break that down further, the land itself was valued at $10,001,100. While improvements to the property were assessed at a total of $5,604,900. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 5
  • Bedroom Count: 95
  • Bathroom Count: 95
  • Full Bathrooms: 95
  • Partial Bathrooms: 95
  • Building Quality: B
  • Construction Type: Wood
  • Living Units: 57
  • Business/Commerical Units Count: 55
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 89,136
  • Total Building Area: 46,826
  • Building Area: 46,826
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: unknown
  • Heated Square Feet: 46,826
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 2.046
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Personal property general
  • Legal Description 1: P M 187-48-49 LOT A

Ownership

  • Current Owner : 4180 MARLTON AVE APARTMENTS LLC
  • Previous Owner : SHREE RAM MAR LTD
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 236102

Zoning

  • Zoning: LARD1.5

Geography

  • Assessors Map Reference: 51-B2
  • Parcel: 5032-021-026
  • Lot: A
  • Municipality: WEST
  • Latitude: 34.0086
  • Longitude: -118.341

    Address

  • Full Address: 4180 Marlton Ave
  • Address - House Number: 4180
  • Address - Street Name: Marlton
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C054
  • 4-Digit Zip Code: 3572
  • Zip Code: 90008

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $185,505
  • Tax Rate Code Area: 00-501

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $9,900,000
  • First Open Lien Mortgage Lender: PACIFIC PREMIER BANK
  • First Open Lien Mortgage Recording Date: Jul 01, 2021
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $9,900,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $15,606,000
  • Assessed Land Value: $10,001,100
  • Assessed Improvements Value: $5,604,900

    Sales

  • Current Sale Contract Date: Apr 29, 2021
  • Current Sale Recording Date: Jul 01, 2021
  • Current Sale Transaction ID: 11841626418
  • Current Sale Price: $15,300,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1034456

    Last Sale Mortgage

  • First Mortgage Lender: PACIFIC PREMIER BANK
  • First Mortgage Transaction Date: Jul 01, 2021
  • First Mortgage Loan Amount: $9,900,000
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Variable

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Frequently Asked Questions

What neighborhood is 4180 Marlton Avenue located in?
The 4180 Marlton Avenue is a located in the neighborhood of Crenshaw in South LA, Los Angeles.
What is the average sales price for listings in 4180 Marlton Avenue?
The average sales price for units in 4180 Marlton Avenue is $0 currently.

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