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5109 South Gramercy Place

5109 South Gramercy Place, Los Angeles, CA 90062
Refi Aug 31, 2016
Transfer
$214,000 by First City Cu
Mortgage Due Sep 01, 2046
Local assessors in Los Angeles, CA have categorized 5109 South Gramercy Place 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 5,200 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 5109 South Gramercy Place has a total of 1,617 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. 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. Current property owners are expected to pay $797 in taxes per year. The property on 5109 South Gramercy Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $41,169. To break that down further, the land itself was valued at $23,530. While improvements to the property were assessed at a total of $17,639. 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. 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.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
  • 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: 5,200
  • Total Building Area: 1,617
  • Building Area: 1,617
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,617
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ST VINCENT COLLEGE TRACT
  • Land Acres: 0.119
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: ST VINCENT COLLEGE TRACT LOT/SEC 410

Ownership

  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 232402

Zoning

  • Zoning: LAR4

Geography

  • Assessors Map Reference: 51-D3
  • Parcel: 5015-012-030
  • Lot: 410
  • Municipality: WEST /SO. WEST L.A.
  • Latitude: 33.9966
  • Longitude: -118.314

    Address

  • Full Address: 5109 S Gramercy Pl
  • Address - House Number: 5109
  • Street Direction: S
  • Address - Street Name: Gramercy
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C025
  • 4-Digit Zip Code: 2244
  • Zip Code: 90062

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $797
  • Tax Rate Code Area: 00-212

    Appraisal Valuation

  • Standard Deviation: 0.2306
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 68
  • Final Value: 716,395
  • High Value: 881,612
  • Low Value: 551,178

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $214,000
  • First Open Lien Mortgage Lender: FIRST CITY CU
  • First Open Lien Mortgage Recording Date: Aug 31, 2016
  • First Open Lien Mortgage Loan Amount: $214,000
  • 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: Sep 01, 2046

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $41,169
  • Assessed Land Value: $23,530
  • Assessed Improvements Value: $17,639

About South LA



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Frequently Asked Questions

What neighborhood is 5109 South Gramercy Place located in?
The 5109 South Gramercy Place is a located in the neighborhood of Chesterfield Square in South LA, Los Angeles.
What is the average sales price for listings in 5109 South Gramercy Place?
The average sales price for units in 5109 South Gramercy Place is $0 currently.

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