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452 West 81st Street

452 West 81st Street, Los Angeles, CA 90003
Commercial in Congress Southeast
Sold Oct 27, 2022
$1,118,500
$555,500 by Habib American Bank
Mortgage
Sold Oct 15, 2021
$1,000,000
Local assessors in Los Angeles, CA have categorized 452 West 81st Street as a residential type of property. The home was built in 1927 and is 97 years old. The property's lot size has been calculated to be 8,669 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 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 is one full bathroom. There is also a partial bathroom. 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 452 West 81st Street has a total of 1,102 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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 frame control joints. Lots of block were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. 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, 452 West 81st Street was last sold in Aug 17, 2022 for $1,118,500. According to our calculations, that's $1,014.97 per sqft. Prior to that sales transaction, the property was sold for $1,000,000 in Jul 16, 2021. Current property owners are expected to pay $12,216 in taxes per year. The property on 452 West 81st Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,118,500. To break that down further, the land itself was valued at $1,108,500. While improvements to the property were assessed at a total of $10,000. 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: 1927
  • Effective Year Built: 1927
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Construction Type: Frame
  • Exterior Walls Type: Block
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,669
  • Total Building Area: 1,102
  • Building Area: 1,102
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,102
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 47
  • Land Acres: 0.199
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 47O8 LOTS 2 AND LOT/SEC 3

Ownership

  • Current Owner : 81ST REALTY LLC
  • Previous Owner : NEHZAT S FARNOODYMEHER TRUST
  • Owner Before Previous Owner: MUNOZ GISELLE
  • Owner Before Previous Owner 2: MUNOZ MELANNIE LINDSAY
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 238310

Zoning

  • Zoning: LAC2

Geography

  • Assessors Map Reference: 58-A1
  • Subdivision Tract Number: 47
  • Parcel: 6032-031-015
  • Lot: 2
  • Municipality: WEST /HYDE PARK
  • Latitude: 33.9658
  • Longitude: -118.282

    Address

  • Full Address: 452 W 81st St
  • Address - House Number: 452
  • Street Direction: W
  • Address - Street Name: 81st
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C023
  • 4-Digit Zip Code: 2708
  • Zip Code: 90003

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,216
  • Tax Rate Code Area: 00-212

    Appraisal Valuation

  • Standard Deviation: 0.0676
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 96
  • Final Value: 1,041,218
  • High Value: 1,111,693
  • Low Value: 970,744

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $555,500
  • First Open Lien Mortgage Lender: HABIB AMERICAN BANK
  • First Open Lien Mortgage Recording Date: Oct 27, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $555,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,118,500
  • Assessed Land Value: $1,108,500
  • Assessed Improvements Value: $10,000

    Sales

  • Current Sale Contract Date: Aug 17, 2022
  • Current Sale Recording Date: Oct 27, 2022
  • Current Sale Transaction ID: 11897924057
  • Current Sale Price: $1,118,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 1023782
  • Previous Sale Recording Date: Oct 15, 2021
  • Previous Sale Contract Date: Jul 16, 2021
  • Previous Sale Amount: $1,000,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: HABIB AMERICAN BANK
  • First Mortgage Transaction Date: Oct 27, 2022
  • First Mortgage Loan Amount: $555,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Credit Line (Revolving)

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: LOAN OAK FUND LLC
  • Previous Mortgage Transaction Date: Oct 15, 2021
  • Previous Mortgage Loan Amount: $600,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About South LA



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Nearby Rentals

Unit for rent at

$1,395 /mo

  • 1 Bed
  • 1 Bath
  • 500 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 452 West 81st Street located in?
The 452 West 81st Street is a commercial located in the neighborhood of Congress Southeast in South LA, Los Angeles.
What is the average sales price for listings in 452 West 81st Street?
The average sales price for units in 452 West 81st Street is $1,099,000 currently.

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