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4357 Prospect Avenue

4357 Prospect Avenue, Los Angeles, CA 90027
Property in Los Feliz
Sold Apr 23, 2015
$834,000
$660,000 by Mufg Union Bank Na
Mortgage Due May 01, 2055
Local assessors in Los Angeles, CA have categorized 4357 Prospect Avenue as a residential type of property. The home was built in 1914 and is 110 years old. It was most recently renovated and altered in 1980. The property's lot size has been calculated to be 5,819 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex 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, 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. If we look only at the heated or air conditioned part of the building, then 4357 Prospect Avenue has a total of 1,922 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 air conditioning 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, 4357 Prospect Avenue was last sold in Apr 20, 2015 for $834,000. According to our calculations, that's $433.92 per sqft. Current property owners are expected to pay $11,312 in taxes per year. The property on 4357 Prospect Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $963,412. To break that down further, the land itself was valued at $577,587. While improvements to the property were assessed at a total of $385,825. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1914
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,819
  • Total Building Area: 1,922
  • Gross Building Area: 1,922
  • Building Area: 1,922
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,922
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 2
  • Land Acres: 0.134
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: MOUNT HOLLYWOOD GRAND VIEW TRACT # 2 S 97 FT OF LOT/SEC 71

Ownership

  • Current Owner : SHUTTLEWORTH MICHAEL
  • Current Owner 2: KIAH SCHELLEY
  • Previous Owner : RAND DAVID E
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 195202

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 35-A3
  • Subdivision Tract Number: 2
  • Parcel: 5591-026-026
  • Lot: 71
  • Municipality: EAST /LA LOS FELIZ
  • Latitude: 34.102
  • Longitude: -118.285

    Address

  • Full Address: 4357 Prospect Ave
  • Address - House Number: 4357
  • Address - Street Name: Prospect
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C043
  • 4-Digit Zip Code: 5501
  • Zip Code: 90027

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,312
  • Tax Rate Code Area: 08-827

    Appraisal Valuation

  • Standard Deviation: 0.2347
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 67
  • Final Value: 1,388,368
  • High Value: 1,714,219
  • Low Value: 1,062,516

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $660,000
  • First Open Lien Mortgage Lender: MUFG UNION BANK NA
  • First Open Lien Mortgage Recording Date: Apr 23, 2015
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $660,000
  • First Open Lien Mortgage Term: 480
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: May 01, 2055

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $963,412
  • Assessed Land Value: $577,587
  • Assessed Improvements Value: $385,825

    Sales

  • Current Sale Contract Date: Apr 20, 2015
  • Current Sale Recording Date: Apr 23, 2015
  • Current Sale Transaction ID: 1227886073
  • Current Sale Price: $834,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 15-0455186

    Last Sale Mortgage

  • First Mortgage Lender: MUFG UNION BANK NA
  • First Mortgage Transaction Date: Apr 23, 2015
  • First Mortgage Loan Amount: $660,000
  • First Mortgage Terms: 480
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: May 01, 2055

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 4357 Prospect Avenue located in?
The 4357 Prospect Avenue is a located in the neighborhood of Los Feliz in Central LA, Los Angeles.
What is the average sales price for listings in 4357 Prospect Avenue?
The average sales price for units in 4357 Prospect Avenue is $0 currently.

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