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4545 East 2nd Street

4545 East 2nd Street, Los Angeles, CA 90022
Property in East Los Angeles
Sold Mar 25, 2022
Transfer
$490,000 by Action One Financial Corporati
Mortgage Due Apr 01, 2052
Sold Mar 15, 2021
$525,000
$457,000 by Real Property Funding Group Ll
Mortgage
Local assessors in Los Angeles, CA have categorized 4545 East 2nd Street as a residential type of property. The home was built in 1922 and is 102 years old. The property's lot size has been calculated to be 5,380 square feet. The linear feet between the front and back of the lot was measured at 1,350 ft and the front of the lot was measured at 400 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. 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, 5 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 3 full bathrooms. There are also 3 partial bathrooms. 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 4545 East 2nd Street has a total of 2,224 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. 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 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. The building has a gable style roof that was made of composition shingle. The home's floor/wall 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. Prior to that sales transaction, the property was sold for $525,000 in Mar 4, 2021. Current property owners are expected to pay $7,306 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 4545 East 2nd Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $724,200. To break that down further, the land itself was valued at $418,200. While improvements to the property were assessed at a total of $306,000. 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. 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: 1922
  • Effective Year Built: 1922
  • Building Count: 2
  • Total Rooms: 5
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 2
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,380
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,224
  • Building Area: 2,224
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 2,224
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 4970
  • Land Acres: 0.124
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: TRACT NO 4970 LOT/SEC 23 BLK/DIV/TWN 7

Ownership

  • Current Owner : NAVARRO JONATHAN CISNEROS
  • Previous Owner : B1-2-B1 INVESTMENTS INC
  • Owner Before Previous Owner: GALINDO JOSE OSCAR
  • Ownership Rights Codes: Single/unmarried man

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 530500

Zoning

  • Zoning: LCR2YY

Geography

  • Assessors Map Reference: 45-E5
  • Subdivision Tract Number: 4970
  • Parcel: 5250-012-036
  • Block: 7
  • Lot: 23
  • Municipality: EAST /EAST L.A.
  • Latitude: 34.0346
  • Longitude: -118.168

    Address

  • Full Address: 4545 E 2nd St
  • Address - House Number: 4545
  • Street Direction: E
  • Address - Street Name: 2nd
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C012
  • 4-Digit Zip Code: 1609
  • Zip Code: 90022

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,306
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 00-940

    Appraisal Valuation

  • Standard Deviation: 0.2238
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 759,288
  • High Value: 929,238
  • Low Value: 589,339

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $490,000
  • First Open Lien Mortgage Lender: ACTION ONE FINANCIAL CORPORATI
  • First Open Lien Mortgage Recording Date: Mar 31, 2022
  • First Open Lien Mortgage Loan Amount: $490,000
  • 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: Apr 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $724,200
  • Assessed Land Value: $418,200
  • Assessed Improvements Value: $306,000

    Sales

  • Current Sale Contract Date: Mar 18, 2022
  • Current Sale Recording Date: Mar 25, 2022
  • Current Sale Transaction ID: 11891722178
  • Current Sale Document Type: Gift Deed
  • Current Sale Input Document Number: 341302
  • Previous Sale Recording Date: Mar 15, 2021
  • Previous Sale Contract Date: Mar 04, 2021
  • Previous Sale Amount: $525,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: REAL PROPERTY FUNDING GROUP LL
  • Previous Mortgage Transaction Date: Mar 15, 2021
  • Previous Mortgage Loan Amount: $457,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About East Los Angeles



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Frequently Asked Questions

What neighborhood is 4545 East 2nd Street located in?
The 4545 East 2nd Street is a located in the neighborhood of East Los Angeles in East Los Angeles, Los Angeles.
What is the average sales price for listings in 4545 East 2nd Street?
The average sales price for units in 4545 East 2nd Street is $0 currently.

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