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5106 2nd Avenue

5106 2nd Avenue, Los Angeles, CA 90043
Sold Aug 18, 2023
$710,000
$697,140 by Crosscountry Mortgage, Llc
Mortgage Due Sep 01, 2053
Sold Oct 21, 2022
$500,000
$500,000 by Crosscountry Mortgage Llc
Mortgage Due Nov 01, 2052
5106 2nd 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 1922 and is 102 years old. The home has a total of 2 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. In addition, 5106 2nd Avenue has 1,678 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 5,192 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex 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. 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 C by the local assessor. The inside of the home is being cooled with air conditioning at the moment. 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, 5106 2nd Avenue was last sold in Jul 14, 2023 for $710,000. According to our calculations, that's $423.12 per sqft. Prior to that sales transaction, the property was sold for $500,000 in Oct 17, 2022. Current property owners are expected to pay $6,069 in taxes per year. The property on 5106 2nd Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $509,102. To break that down further, the land itself was valued at $401,929. While improvements to the property were assessed at a total of $107,173. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,192
  • Total Building Area: 1,678
  • Gross Building Area: 1,678
  • Building Area: 1,678
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,678
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 1798
  • Land Acres: 0.119
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: TRACT # 1798 LOT/SEC 170

Ownership

  • Current Owner : GRAY KELLIE
  • Current Owner 2: GRAY NIKKI
  • Previous Owner : WRIGHT BENITA FAYE
  • Previous Owner 2: WRIGHT JOSE
  • Owner Before Previous Owner: OTERO JOSE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 234501

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 51-D3
  • Subdivision Tract Number: 1798
  • Parcel: 5015-032-034
  • Lot: 170
  • Municipality: WEST /SO. WEST L.A.
  • Latitude: 33.9966
  • Longitude: -118.319

    Address

  • Full Address: 5106 2nd Ave
  • Address - House Number: 5106
  • Address - Street Name: 2nd
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C001
  • 4-Digit Zip Code: 1951
  • Zip Code: 90043

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,069
  • Tax Rate Code Area: 00-212

    Appraisal Valuation

  • Standard Deviation: 0.0681
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 96
  • Final Value: 701,790
  • High Value: 749,590
  • Low Value: 653,990

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $697,140
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE, LLC
  • First Open Lien Mortgage Recording Date: Aug 18, 2023
  • First Open Lien Mortgage Loan Amount: $697,140
  • 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, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $509,102
  • Assessed Land Value: $401,929
  • Assessed Improvements Value: $107,173

    Sales

  • Current Sale Contract Date: Jul 14, 2023
  • Current Sale Recording Date: Aug 18, 2023
  • Current Sale Transaction ID: 11911109519
  • Current Sale Price: $710,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 550433
  • Previous Sale Recording Date: Oct 21, 2022
  • Previous Sale Contract Date: Oct 17, 2022
  • Previous Sale Amount: $500,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE, LLC
  • First Mortgage Transaction Date: Aug 18, 2023
  • First Mortgage Loan Amount: $697,140
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • Previous Mortgage Transaction Date: Oct 21, 2022
  • Previous Mortgage Loan Amount: $500,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Nov 01, 2052

About South LA



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Frequently Asked Questions

What neighborhood is 5106 2nd Avenue located in?
The 5106 2nd Avenue is a located in the neighborhood of Park Mesa Heights in South LA, Los Angeles.
What is the average sales price for listings in 5106 2nd Avenue?
The average sales price for units in 5106 2nd Avenue is $0 currently.

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