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5201 Obama Boulevard

5201 Obama Boulevard, Los Angeles, CA 90016
Property in West Adams
Sold Aug 11, 2021
$1,960,000
$1,568,000 by Guaranteed Rate Inc
Mortgage Due Sep 01, 2051
Sold Dec 20, 2019
$825,000
$855,000 by Skyline Financial Lending Corp
Mortgage
Local assessors in Los Angeles, CA have categorized 5201 Obama Boulevard as a residential type of property. The home was built in 1948 and is 76 years old. It was most recently renovated and altered in 1959. The property's lot size has been calculated to be 7,406 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 600 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 7 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 4 full bathrooms. There are also 4 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 5201 Obama Boulevard has a total of 2,814 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. There is only one available parking space, so if you need more, you may need to find some alternatives. 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. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Jul 30, 2021 for $1,960,000. That's $696.52 per sqft. Prior to that sales transaction, the property was also sold in Dec 3, 2019 for $825,000. 5201 Obama Boulevard was last assessed in 2023. The total value of the property was assessed at $1,999,200. Specifically, the land the property is located on was valued at $918,000. While improvements on the property were assessed at a total of $1,081,200. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $23,222. The initial tax year of delinquency was in 2020. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1959
  • Building Count: 2
  • Total Rooms: 7
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,406
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,814
  • Building Area: 2,814
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,814
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 11577
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 11577 LOT/SEC 33

Ownership

  • Current Owner : LORANGER MARK
  • Current Owner 2: MARK J LORANGER TRUST
  • Previous Owner : CORELLA FRANK DINO
  • Previous Owner 2: CORELLA CYNTHIA
  • Owner Before Previous Owner: SUCCESS SERVICES LLC
  • Ownership Rights Codes: Tenants in Common

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 220100

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 42-F6
  • Subdivision Tract Number: 11577
  • Parcel: 5047-007-021
  • Lot: 33
  • Municipality: WEST /RNCHO CIENGA PK
  • Latitude: 34.0218
  • Longitude: -118.359

    Address

  • Full Address: 5201 Obama Blvd
  • Address - House Number: 5201
  • Address - Street Name: Obama
  • Address - Suffix Type: Blvd
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C017
  • 4-Digit Zip Code: 5204
  • Zip Code: 90016

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $23,222
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.1911
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 74
  • Final Value: 2,194,279
  • High Value: 2,613,724
  • Low Value: 1,774,835

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,568,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Aug 11, 2021
  • First Open Lien Mortgage Loan Amount: $1,568,000
  • 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, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,999,200
  • Assessed Land Value: $918,000
  • Assessed Improvements Value: $1,081,200

    Sales

  • Current Sale Contract Date: Jul 30, 2021
  • Current Sale Recording Date: Aug 11, 2021
  • Current Sale Transaction ID: 11846676355
  • Current Sale Price: $1,960,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1228651
  • Previous Sale Recording Date: Dec 20, 2019
  • Previous Sale Contract Date: Dec 03, 2019
  • Previous Sale Amount: $825,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Aug 11, 2021
  • First Mortgage Loan Amount: $1,568,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: SKYLINE FINANCIAL LENDING CORP
  • Previous Mortgage Transaction Date: Dec 20, 2019
  • Previous Mortgage Loan Amount: $855,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About South LA



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Frequently Asked Questions

What neighborhood is 5201 Obama Boulevard located in?
The 5201 Obama Boulevard is a located in the neighborhood of West Adams in South LA, Los Angeles.
What is the average sales price for listings in 5201 Obama Boulevard?
The average sales price for units in 5201 Obama Boulevard is $0 currently.

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