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428 South Las Palmas Avenue

428 South Las Palmas Avenue, Los Angeles, CA 90020
Property in Hancock Park
Sold Apr 04, 2016
$2,950,000
$2,000,000 by Commercial Bank Of Ca
Mortgage
Sold Nov 01, 2006
$2,700,000
$600,000 by First Capital
Mortgage Due Nov 01, 2036
Local assessors in Los Angeles, CA have categorized 428 South Las Palmas Avenue as a residential type of property. The home was built in 1928 and is 96 years old. It was most recently renovated and altered in 1942. The property's lot size has been calculated to be 15,000 square feet. The linear feet between the front and back of the lot was measured at 2,000 ft and the front of the lot was measured at 750 ft. 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, 4 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. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 428 South Las Palmas Avenue has a total of 4,614 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. There is only one available parking space, so if you need more, you may need to find some alternatives. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. 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 - D. The home's a central 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. 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, 428 South Las Palmas Avenue sold most recently in Mar 17, 2016 for a total of $2,950,000. If you work out the math, that's approximately a cost of $639.36 per sqft. Before that, the property was also sold for $2,700,000 in Oct 3, 2006. 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 $39,270 in taxes each year. 428 South Las Palmas Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $3,356,592. If we break it down further, the land itself was valued at $2,503,222. Improvements to the property, however, were assessed at a total of $853,370. The property's total assessed value has been marked as more than the total market value which is pretty atypical. 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.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1942
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: D
  • Construction Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 15,000
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 4,614
  • Building Area: 4,614
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 4,614
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 6388
  • Land Acres: 0.344
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 6388 LOT/SEC 118

Ownership

  • Current Owner : ANDRUSIER RAPHAEL
  • Current Owner 2: ANDRUSIER MIRIAM
  • Previous Owner : LEE BRUCE A
  • Owner Before Previous Owner: MARS HELEN
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 43-B1
  • Subdivision Tract Number: 6388
  • Parcel: 5507-016-004
  • Lot: 118
  • Municipality: WEST /HANCOCK PARK
  • Latitude: 34.066
  • Longitude: -118.335

    Address

  • Full Address: 428 S Las Palmas Ave
  • Address - House Number: 428
  • Street Direction: S
  • Address - Street Name: Las Palmas
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C023
  • 4-Digit Zip Code: 4816
  • Zip Code: 90020

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $39,270
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2296
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 68
  • Final Value: 3,611,039
  • High Value: 4,440,343
  • Low Value: 2,781,735

    Open Liens

  • Total Open Liens: 4
  • Total Open Liens Amount: $3,000,000
  • First Open Lien Mortgage Lender: COMMERCIAL BANK OF CA
  • First Open Lien Mortgage Recording Date: Oct 03, 2019
  • First Open Lien Mortgage Loan Amount: $2,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • Second Open Lien Mortgage Lender: SOL FEINER
  • Second Open Lien Mortgage Recording Date: Nov 13, 2019
  • Second Open Lien Mortgage Loan Amount: $200,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Private Lender: T
  • Third Open Lien Mortgage Lender: FEINER SOL
  • Third Open Lien Mortgage Recording Date: Nov 23, 2022
  • Third Open Lien Mortgage Loan Amount: $500,000
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: New Conventional
  • Third Open Lien Mortgage Private Lender: T
  • Fourth Open Lien Mortgage Lender: ANDREW FRIEDMAN
  • Fourth Open Lien Mortgage Recording Date: Mar 24, 2021
  • Fourth Open Lien Mortgage Loan Amount: $300,000
  • Fourth Open Lien Mortgage Term: 360
  • Fourth Open Lien Mortgage Position: 4
  • Fourth Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • Fourth Open Lien Mortgage Private Lender: T

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,356,592
  • Assessed Land Value: $2,503,222
  • Assessed Improvements Value: $853,370

    Sales

  • Current Sale Contract Date: Mar 17, 2016
  • Current Sale Recording Date: Apr 04, 2016
  • Current Sale Transaction ID: 1486912671
  • Current Sale Price: $2,950,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 16-0367714
  • Previous Sale Recording Date: Nov 01, 2006
  • Previous Sale Contract Date: Oct 03, 2006
  • Previous Sale Amount: $2,700,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: DAVID STOLL ETUX
  • First Mortgage Transaction Date: Apr 04, 2016
  • First Mortgage Loan Amount: $1,850,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Stand Alone First

    Previous Mortgages

  • Previous Mortgage Lender: FIRST CAPITAL
  • Previous Mortgage Transaction Date: Nov 01, 2006
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $600,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Nov 01, 2036

About Central LA



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Frequently Asked Questions

What neighborhood is 428 South Las Palmas Avenue located in?
The 428 South Las Palmas Avenue is a located in the neighborhood of Hancock Park in Central LA, Los Angeles.
What is the average sales price for listings in 428 South Las Palmas Avenue?
The average sales price for units in 428 South Las Palmas Avenue is $0 currently.

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