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515 East 21st Street

515 East 21st Street, Los Angeles, CA 90011
Property in South Central LA
Sold Oct 19, 2022
$705,000
Local assessors in Los Angeles, CA have categorized 515 East 21st Street as a residential type of property. The home was built in 1913 and is 111 years old. The property's lot size has been calculated to be 6,306 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a triplex 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, 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. If we look only at the heated or air conditioned part of the building, then 515 East 21st Street has a total of 2,154 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 - D. The home's floor/wall heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 515 East 21st Street sold most recently in Sep 12, 2022 for a total of $705,000. If you work out the math, that's approximately a cost of $327.30 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,006 in taxes each year. 515 East 21st Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $705,000. If we break it down further, the land itself was valued at $505,000. Improvements to the property, however, were assessed at a total of $200,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1913
  • Effective Year Built: 1913
  • Building Count: 3
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Triplex
  • Living Units: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,306
  • Total Building Area: 2,154
  • Building Area: 2,154
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 2,154
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARCELS SUB OF THE JOHN THOMAS TRACT
  • Land Acres: 0.145
  • Standard Land Use Code: Triplex (3 units, any combination)
  • Legal Description 1: PARCELS SUB OF THE JOHN THOMAS TRACT LOT/SEC 44

Ownership

  • Current Owner : LAHIJI ALEN
  • Current Owner 2: LAHIJI ELHAM
  • Previous Owner : CORONA CARMEN N
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 226001

Zoning

  • Zoning: LARD2

Geography

  • Assessors Map Reference: 44-C5
  • Parcel: 5127-017-004
  • Lot: 44
  • Municipality: SOUTH /L.A./FLORENCE
  • Latitude: 34.0272
  • Longitude: -118.261

    Address

  • Full Address: 515 E 21st St
  • Address - House Number: 515
  • Street Direction: E
  • Address - Street Name: 21st
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C012
  • 4-Digit Zip Code: 1008
  • Zip Code: 90011

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,006
  • Tax Rate Code Area: 00-004

    Appraisal Valuation

  • Standard Deviation: 0.2253
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 738,044
  • High Value: 904,390
  • Low Value: 571,699

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $705,000
  • Assessed Land Value: $505,000
  • Assessed Improvements Value: $200,000

    Sales

  • Current Sale Contract Date: Sep 12, 2022
  • Current Sale Recording Date: Oct 19, 2022
  • Current Sale Transaction ID: 11897432008
  • Current Sale Price: $705,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 1000619

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF THE WEST
  • First Mortgage Transaction Date: Oct 19, 2022
  • First Mortgage Loan Amount: $528,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2052

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Frequently Asked Questions

What neighborhood is 515 East 21st Street located in?
The 515 East 21st Street is a located in the neighborhood of South Central LA in South LA, Los Angeles.
What is the average sales price for listings in 515 East 21st Street?
The average sales price for units in 515 East 21st Street is $0 currently.

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