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421 South Highland Avenue

421 South Highland Avenue, Los Angeles, CA 90036
Sold Aug 19, 2020
$1,950,000
$1,200,000 by First Entertainment Credit Uni
Mortgage Due Sep 01, 2052
421 South Highland Avenue has been categorized by the local assessors in Los Angeles, CA as a residential type of property. The building on the property was first built in 1933 and is 91 years old. The home has a total of 18 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 5 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 421 South Highland Avenue has 3,500 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,350 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 8,101 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a Spanish style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. According to our sources, there is one available parking space. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. The building has a hip style roof made of tile. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Jul 24, 2020 for $1,950,000. That's $557.14 per sqft. 421 South Highland Avenue was last assessed in 2023. The total value of the property was assessed at $2,028,780. Specifically, the land the property is located on was valued at $1,623,024. While improvements on the property were assessed at a total of $405,756. 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 $23,668. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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.

Building Features

Exterior

Stucco Exterior

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 1933
  • Effective Year Built: 1933
  • Building Count: 1
  • Total Rooms: 18
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Spanish
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,101
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 600
  • Total Building Area: 3,500
  • Building Area: 3,500
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 3,500
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 5049
  • Land Acres: 0.186
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 5049 LOT/SEC 15

Ownership

  • Current Owner : YOO JOHN
  • Current Owner 2: YOO SHLOMETE
  • Previous Owner : TAVOULARIS DEAN
  • Previous Owner 2: DEAN TAVOULARIS REVOCABLE TRUS
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 211000

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 34-B5
  • Subdivision Tract Number: 5049
  • Parcel: 5507-013-004
  • Lot: 15
  • Municipality: WEST /HANCOCK PARK
  • Latitude: 34.0662
  • Longitude: -118.339

    Address

  • Full Address: 421 S Highland Ave
  • Address - House Number: 421
  • Street Direction: S
  • Address - Street Name: Highland
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C070
  • 4-Digit Zip Code: 3530
  • Zip Code: 90036

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $23,668
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2244
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 2,383,551
  • High Value: 2,918,648
  • Low Value: 1,848,454

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,200,000
  • First Open Lien Mortgage Lender: FIRST ENTERTAINMENT CREDIT UNI
  • First Open Lien Mortgage Recording Date: Aug 31, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,200,000
  • 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: Sep 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,028,780
  • Assessed Land Value: $1,623,024
  • Assessed Improvements Value: $405,756

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 24, 2020
  • Current Sale Recording Date: Aug 19, 2020
  • Current Sale Transaction ID: 11781468161
  • Current Sale Price: $1,950,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-0964542

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Frequently Asked Questions

What neighborhood is 421 South Highland Avenue located in?
The 421 South Highland Avenue is a house located in the neighborhood of Greater Wilshire in Central LA, Los Angeles.
What is the average sales price for listings in 421 South Highland Avenue?
The average sales price for units in 421 South Highland Avenue is $0 currently.

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