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5349 Russell Avenue

5349 Russell Avenue, Los Angeles, CA 90027
Property in Los Feliz
Sold Mar 08, 2021
$1,400,000
$910,000 by First Republic Bank
Mortgage Due Apr 01, 2051
5349 Russell Avenue in Los Angeles, CA was first built in 1921 and is 103 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a triplex style. There are a total of 0 rooms in the home, of which, 7 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 5349 Russell Avenue has 3,780 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 7,010 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. The property was last sold in Feb 3, 2021 for $1,400,000. That's $370.37 per sqft. 5349 Russell Avenue was last assessed in 2023. The total value of the property was assessed at $1,456,560. Specifically, the land the property is located on was valued at $1,040,400. While improvements on the property were assessed at a total of $416,160. 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 $17,182. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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: 1921
  • Effective Year Built: 1921
  • Building Count: 2
  • Bedroom Count: 7
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Triplex
  • Living Units: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,010
  • Total Building Area: 3,780
  • Gross Building Area: 3,780
  • Building Area: 3,780
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 3,780
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FOREST GLEN HEIGHTS
  • Land Acres: 0.161
  • Standard Land Use Code: Triplex (3 units, any combination)
  • Legal Description 1: FOREST GLEN HEIGHTS W 40 FT OF LOT/SEC 19

Ownership

  • Current Owner : 2 RUSSELL PROPERTIES LLC
  • Previous Owner : CHU ELLEN CHAN
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 190402

Zoning

  • Zoning: LAR3

Geography

  • Assessors Map Reference: 34-E3
  • Parcel: 5544-006-012
  • Lot: 19
  • Municipality: EAST /LA ECHO PARK
  • Latitude: 34.1045
  • Longitude: -118.307

    Address

  • Full Address: 5349 Russell Ave
  • Address - House Number: 5349
  • Address - Street Name: Russell
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C027
  • 4-Digit Zip Code: 3503
  • Zip Code: 90027

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $17,182
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.2276
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 1,769,829
  • High Value: 2,172,782
  • Low Value: 1,366,875

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $910,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Mar 08, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $910,000
  • 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: Apr 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,456,560
  • Assessed Land Value: $1,040,400
  • Assessed Improvements Value: $416,160

    Sales

  • Current Sale Contract Date: Feb 03, 2021
  • Current Sale Recording Date: Mar 08, 2021
  • Current Sale Transaction ID: 11823278352
  • Current Sale Price: $1,400,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-0372391

    Last Sale Mortgage

  • First Mortgage Lender: FIRST REPUBLIC BANK
  • First Mortgage Transaction Date: Mar 08, 2021
  • First Mortgage Loan Amount: $910,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 5349 Russell Avenue located in?
The 5349 Russell Avenue is a located in the neighborhood of Los Feliz in Central LA, Los Angeles.
What is the average sales price for listings in 5349 Russell Avenue?
The average sales price for units in 5349 Russell Avenue is $0 currently.

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