Check Availability

5553 Morgan Avenue

5553 Morgan Avenue, Los Angeles, CA 90011
Property in Central Alameda
This has been categorized as a commercial property type. It is a single story home. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 5553 Morgan Avenue has 2,316 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 4,805 square feet.

Learn more about the property and building on this page. The building type has been coded as 4. The code stands for buildings that have wood or wood and steel frames.. 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 C. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. The property was last sold in Aug 31, 2005 for $385,000. That's $166.23 per sqft. Prior to that sales transaction, the property was also sold in Feb 3, 2005 for $10,000. 5553 Morgan Avenue was last assessed in 2023. The total value of the property was assessed at $495,775. Specifically, the land the property is located on was valued at $296,180. While improvements on the property were assessed at a total of $199,595. 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 $6,063. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Building Count: 2
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,805
  • Total Building Area: 2,316
  • Gross Building Area: 2,316
  • Building Area: 2,316
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,316
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Commercial
  • Subdivision: BOWENS SLAUSON JUNCTION TRACT
  • Land Acres: 0.11
  • Standard Land Use Code: Retail/residential (mixed use)
  • Legal Description 1: BOWENS SLAUSON JUNCTION TRACT LOT/SEC 312

Ownership

  • Current Owner : IBANIZ JESUS S ALVAREZ
  • Previous Owner : DRENE OSCAR
  • Owner Before Previous Owner: DRENE OSCAR

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 228900

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 52-D3
  • Parcel: 5105-015-015
  • Lot: 312
  • Municipality: SOUTH /S. CENTRAL LA
  • Latitude: 33.9914
  • Longitude: -118.245

    Address

  • Full Address: 5553 Morgan Ave
  • Address - House Number: 5553
  • Address - Street Name: Morgan
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C048
  • 4-Digit Zip Code: 5039
  • Zip Code: 90011

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,063
  • Tax Rate Code Area: 00-007

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $308,000
  • First Open Lien Mortgage Lender: BNC MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Nov 29, 2006
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $308,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2036

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $495,775
  • Assessed Land Value: $296,180
  • Assessed Improvements Value: $199,595

    Sales

  • Current Sale Contract Date: Aug 31, 2005
  • Current Sale Recording Date: Nov 29, 2006
  • Current Sale Transaction ID: 1014129085
  • Current Sale Price: $385,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 06-2636371
  • Previous Sale Recording Date: Feb 11, 2005
  • Previous Sale Contract Date: Feb 03, 2005
  • Previous Sale Amount: $10,000
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: BNC MORTGAGE INC
  • First Mortgage Transaction Date: Nov 29, 2006
  • First Mortgage Loan Amount: $308,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Dec 01, 2036

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About South LA



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 202 E 68th Street, Los Angeles, CA, 90003

$3,650 /mo

  • 4 Beds
  • 2 Baths
  • 1,650 ft²
202 E 68th Street #2, Los Angeles, CA, 90003 Listing by Inyoung Song

Frequently Asked Questions

What neighborhood is 5553 Morgan Avenue located in?
The 5553 Morgan Avenue is a located in the neighborhood of Central Alameda in South LA, Los Angeles.
What is the average sales price for listings in 5553 Morgan Avenue?
The average sales price for units in 5553 Morgan Avenue is $0 currently.

Quantcast