5405 South Portola Avenue

Local assessors in Del Rey, CA have categorized 5405 South Portola Avenue as a commercial type of property. The home was built in 1956 and is 68 years old. The property's lot size has been calculated to be 15,000 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 1,500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. 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 5405 South Portola Avenue has a total of 970 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. 5405 South Portola Avenue is a 5 code building. This code stands for "specialized buildings that do not fit in any of the other categories.". The garage on the property is 600 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 other 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 - E-. The property was last sold in Mar 6, 1996 for $25,000. That's $25.77 per sqft. 5405 South Portola Avenue was last assessed in 2023. The total value of the property was assessed at $76,615. Specifically, the land the property is located on was valued at $47,887. While improvements on the property were assessed at a total of $28,728. 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 $900. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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.