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5261 West 57th Street

5261 West 57th Street, Los Angeles, CA 90056
Property in Ladera Heights
Sold May 30, 1996
$285,000
$100,000 by Private Money Solutions Inc
Mortgage
5261 West 57th Street 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 1955 and is 69 years old. The home has a total of 9 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5261 West 57th Street has 1,931 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,260 ft and across the front of the lot is 760 ft. The area measurement of the land has been determined as 9,585 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown 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. According to our sources, there is one available parking space. 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 A by the local assessor. The building has a gable style roof made of wood shake/ shingles. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. 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, 5261 West 57th Street sold most recently in Apr 30, 1996 for a total of $285,000. If you work out the math, that's approximately a cost of $147.59 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 $5,936 in taxes each year. 5261 West 57th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $455,048. If we break it down further, the land itself was valued at $312,313. Improvements to the property, however, were assessed at a total of $142,735. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Unknown
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 9,585
  • Lot Size Depth Feet: 1,260
  • Lot Size Frontage Feet: 760
  • Total Building Area: 1,931
  • Building Area: 1,931
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,931
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 16705
  • Land Acres: 0.22
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 16705 LOT/SEC 73

Ownership

  • Current Owner : KATZ TOMI LYNN
  • Previous Owner : WADE CECILE A
  • Previous Owner 2: WADE CECILE ADELENE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Inglewood Unified School District
  • Census Tract: 703002

Zoning

  • Zoning: LCR1YY

Geography

  • Assessors Map Reference: 50-E4
  • Subdivision Tract Number: 16705
  • Parcel: 4201-006-001
  • Lot: 73
  • Municipality: WEST /LADERA HEIGHTS
  • Latitude: 33.9892
  • Longitude: -118.373

    Address

  • Full Address: 5261 W 57th St
  • Address - House Number: 5261
  • Street Direction: W
  • Address - Street Name: 57th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C017
  • 4-Digit Zip Code: 1343
  • Zip Code: 90056

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,936
  • Tax Rate Code Area: 04-623

    Appraisal Valuation

  • Standard Deviation: 0.2295
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 68
  • Final Value: 1,503,875
  • High Value: 1,849,110
  • Low Value: 1,158,640

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $100,000
  • First Open Lien Mortgage Lender: PRIVATE MONEY SOLUTIONS INC
  • First Open Lien Mortgage Recording Date: Aug 24, 2022
  • First Open Lien Mortgage Loan Amount: $100,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $455,048
  • Assessed Land Value: $312,313
  • Assessed Improvements Value: $142,735

    Sales

  • Current Sale Contract Date: Apr 30, 1996
  • Current Sale Recording Date: May 30, 1996
  • Current Sale Transaction ID: 1039510132
  • Current Sale Price: $285,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 96-0848097

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN SVG BANK
  • First Mortgage Transaction Date: May 30, 1996
  • First Mortgage Loan Amount: $256,215
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Jun 01, 2026

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Ladera Heights



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Frequently Asked Questions

What neighborhood is 5261 West 57th Street located in?
The 5261 West 57th Street is a located in the neighborhood of Ladera Heights in Ladera Heights, Los Angeles.
What is the average sales price for listings in 5261 West 57th Street?
The average sales price for units in 5261 West 57th Street is $0 currently.

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