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5520 West 78th Street

5520 West 78th Street, Los Angeles, CA 90045
Property in Westchester
Sold Jul 15, 1998
$240,000
$2,114,100 by American Advisors Group
Mortgage Due Sep 08, 2103
5520 West 78th Street in Los Angeles, CA was first built in 1950 and is 74 years old. Although, the building on the property was most recently renovated and altered in 1968. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 5 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5520 West 78th Street has 1,749 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. The linear feet across the front of the lot is 580 ft and the linear feet between the front and back of the lot is 980. In total, the area measurement of the land is 5,684 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of wood shake/ shingles. Water for the property is sourced from a municipal system. There is one available parking space. 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. The condition of the building has been evaluated as average. The exterior walls of the home are made of stucco. As for heating, the home is utilizing floor/wall heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 5520 West 78th Street was last sold in May 11, 1998 for $240,000. According to our calculations, that's $137.22 per sqft. Current property owners are expected to pay $4,938 in taxes per year. The property on 5520 West 78th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $411,403. To break that down further, the land itself was valued at $289,304. While improvements to the property were assessed at a total of $122,099. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1950
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • 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: 5,684
  • Lot Size Depth Feet: 980
  • Lot Size Frontage Feet: 580
  • Total Building Area: 1,749
  • Building Area: 1,749
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,749
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 16160
  • Land Acres: 0.131
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 16160 LOT/SEC 175

Ownership

  • Current Owner : KLEIN SHARON B
  • Previous Owner : MARCUS CRAIG S
  • Previous Owner 2: MARCUS LYNETTE V
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Revocable Trust

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 277100

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 56-E1
  • Subdivision Tract Number: 16160
  • Parcel: 4127-020-022
  • Lot: 175
  • Municipality: WEST /WESTCHESTER
  • Latitude: 33.9653
  • Longitude: -118.376

    Address

  • Full Address: 5520 W 78th St
  • Address - House Number: 5520
  • Street Direction: W
  • Address - Street Name: 78th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C002
  • 4-Digit Zip Code: 3302
  • Zip Code: 90045

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,938
  • Tax Rate Code Area: 00-068

    Appraisal Valuation

  • Standard Deviation: 0.2137
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 70
  • Final Value: 1,246,860
  • High Value: 1,513,437
  • Low Value: 980,283

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,114,100
  • First Open Lien Mortgage Lender: AMERICAN ADVISORS GROUP
  • First Open Lien Mortgage Recording Date: Oct 08, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $2,114,100
  • First Open Lien Mortgage Term: 982
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)
  • First Open Lien Mortgage Loan Due Date: Sep 08, 2103

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $411,403
  • Assessed Land Value: $289,304
  • Assessed Improvements Value: $122,099

    Sales

  • Current Sale Contract Date: May 11, 1998
  • Current Sale Recording Date: Jul 15, 1998
  • Current Sale Transaction ID: 1026421648
  • Current Sale Price: $240,000
  • Current Sale Document Type: Individual Deed
  • Current Sale Input Document Number: 98-1200526

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA
  • First Mortgage Transaction Date: Jul 15, 1998
  • First Mortgage Loan Amount: $160,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Aug 01, 2028

About West Los Angeles



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Frequently Asked Questions

What neighborhood is 5520 West 78th Street located in?
The 5520 West 78th Street is a located in the neighborhood of Westchester in West Los Angeles, Los Angeles.
What is the average sales price for listings in 5520 West 78th Street?
The average sales price for units in 5520 West 78th Street is $0 currently.

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