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527 West 55th Street

527 West 55th Street, Los Angeles, CA 90037
Property in Voices of 90037
Sold May 15, 2015
$411,000
$366,900 by Sharp Loan
Mortgage Due Mar 01, 2052
Sold Dec 24, 2014
$265,500
527 West 55th 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 1923 and is 101 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, 527 West 55th Street has 1,728 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 5,940 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, 527 West 55th Street was last sold in Apr 22, 2015 for $411,000. According to our calculations, that's $237.85 per sqft. Prior to that sales transaction, the property was sold for $265,500 in Dec 18, 2014. Current property owners are expected to pay $5,790 in taxes per year. The property on 527 West 55th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $474,770. To break that down further, the land itself was valued at $346,551. While improvements to the property were assessed at a total of $128,219. 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. 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. 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: 1923
  • Effective Year Built: 1923
  • 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: 5,940
  • Total Building Area: 1,728
  • Gross Building Area: 1,728
  • Building Area: 1,728
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,728
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WIESENDANGERS FIGUEROA PARK TRACT
  • Land Acres: 0.136
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: T WIESENDANGERS FIGUEROA PARK TRACT LOT/SEC 8

Ownership

  • Current Owner : ALVARADO EVELYN
  • Current Owner 2: ALVARADO ROSAURA
  • Previous Owner : GB INLAND PROPERTIES LLC
  • Owner Before Previous Owner: PONCE MARCOS
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants in Common

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 232702

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 52-A4
  • Parcel: 5001-024-024
  • Lot: 8
  • Municipality: WEST /SO. WEST L.A.
  • Latitude: 33.9926
  • Longitude: -118.284

    Address

  • Full Address: 527 W 55th St
  • Address - House Number: 527
  • Street Direction: W
  • Address - Street Name: 55th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C063
  • 4-Digit Zip Code: 4005
  • Zip Code: 90037

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,790
  • Tax Rate Code Area: 00-212

    Appraisal Valuation

  • Standard Deviation: 0.2266
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 727,552
  • High Value: 892,437
  • Low Value: 562,667

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $366,900
  • First Open Lien Mortgage Lender: SHARP LOAN
  • First Open Lien Mortgage Recording Date: Feb 22, 2022
  • First Open Lien Mortgage Loan Amount: $366,900
  • 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: Mar 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $474,770
  • Assessed Land Value: $346,551
  • Assessed Improvements Value: $128,219

    Sales

  • Current Sale Contract Date: Apr 22, 2015
  • Current Sale Recording Date: May 15, 2015
  • Current Sale Transaction ID: 1216456770
  • Current Sale Price: $411,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 15-0568151
  • Previous Sale Recording Date: Dec 24, 2014
  • Previous Sale Contract Date: Dec 18, 2014
  • Previous Sale Amount: $265,500
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: FRANKLIN FIRST FINANCIAL LTD
  • First Mortgage Transaction Date: May 15, 2015
  • First Mortgage Loan Amount: $403,555
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2045

About South LA



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Frequently Asked Questions

What neighborhood is 527 West 55th Street located in?
The 527 West 55th Street is a located in the neighborhood of Voices of 90037 in South LA, Los Angeles.
What is the average sales price for listings in 527 West 55th Street?
The average sales price for units in 527 West 55th Street is $0 currently.

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