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537 West 78th Street

537 West 78th Street, Los Angeles, CA 90044
Property in South LA
Sold Jul 14, 2021
$535,000
Sold Jul 22, 2019
$480,000
$471,306 by Royal Pacific Funding Corp
Mortgage Due Aug 01, 2049
537 West 78th Street in Los Angeles, CA was first built in 1914 and is 110 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 duplex style. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 537 West 78th Street has 1,191 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 7,000 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 D. 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. 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, 537 West 78th Street was last sold in Mar 26, 2021 for $535,000. According to our calculations, that's $449.20 per sqft. Prior to that sales transaction, the property was sold for $480,000 in Jan 22, 2019. Current property owners are expected to pay $6,561 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2019. The property on 537 West 78th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $545,700. To break that down further, the land itself was valued at $459,000. While improvements to the property were assessed at a total of $86,700. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1914
  • Effective Year Built: 1914
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,000
  • Total Building Area: 1,191
  • Building Area: 1,191
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,191
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FIGUEROA BOULEVARD TRACT
  • Land Acres: 0.161
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: FIGUEROA BOULEVARD TRACT LOT/SEC 283

Ownership

  • Current Owner : LOPEZ MIGUEL A
  • Previous Owner : PRADO IRMA MORALES
  • Owner Before Previous Owner: MORALES JULIO G
  • Ownership Rights Codes: Tenants in Common

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 237720

Zoning

  • Zoning: LARD2

Geography

  • Assessors Map Reference: 52-A6
  • Parcel: 6020-017-022
  • Lot: 283
  • Municipality: WEST /HYDE PARK
  • Latitude: 33.9691
  • Longitude: -118.284

    Address

  • Full Address: 537 W 78th St
  • Address - House Number: 537
  • Street Direction: W
  • Address - Street Name: 78th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C034
  • 4-Digit Zip Code: 6017
  • Zip Code: 90044

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,561
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 00-212

    Appraisal Valuation

  • Standard Deviation: 0.0679
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 96
  • Final Value: 677,935
  • High Value: 723,982
  • Low Value: 631,889

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $545,700
  • Assessed Land Value: $459,000
  • Assessed Improvements Value: $86,700

    Sales

  • Current Sale Contract Date: Mar 26, 2021
  • Current Sale Recording Date: Jul 14, 2021
  • Current Sale Transaction ID: 11844678772
  • Current Sale Price: $535,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1090767
  • Previous Sale Recording Date: Jul 22, 2019
  • Previous Sale Contract Date: Jan 22, 2019
  • Previous Sale Amount: $480,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROYAL PACIFIC FUNDING CORP
  • First Mortgage Transaction Date: Jul 14, 2021
  • First Mortgage Loan Amount: $525,309
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: ROYAL PACIFIC FUNDING CORP
  • Previous Mortgage Transaction Date: Jul 22, 2019
  • Previous Mortgage Loan Amount: $471,306
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Aug 01, 2049

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Frequently Asked Questions

What neighborhood is 537 West 78th Street located in?
The 537 West 78th Street is a located in the neighborhood of South LA in South LA, Los Angeles.
What is the average sales price for listings in 537 West 78th Street?
The average sales price for units in 537 West 78th Street is $0 currently.

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