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5724 Buchanan Street

5724 Buchanan Street, Los Angeles, CA 90042
Sold Jul 06, 2018
$1,285,000
Sold Sep 30, 2014
$800,000
$640,000 by Mufg Union Bank Na
Mortgage Due Oct 01, 2044
5724 Buchanan Street in Los Angeles, CA was first built in 1911 and is 113 years old. Although, the building on the property was most recently renovated and altered in 1961. 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 8 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. 5724 Buchanan Street has 1,548 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 400 ft and the linear feet between the front and back of the lot is 1,400. In total, the area measurement of the land is 5,591 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of roll composition. 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 A. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central 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, 5724 Buchanan Street was last sold in Jun 15, 2018 for $1,285,000. According to our calculations, that's $830.10 per sqft. Prior to that sales transaction, the property was sold for $800,000 in Sep 5, 2014. Current property owners are expected to pay $15,934 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 5724 Buchanan Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,377,778. To break that down further, the land itself was valued at $964,981. While improvements to the property were assessed at a total of $412,797. 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. 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!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: 1911
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Roof Cover Type: Roll composition
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,591
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,548
  • Building Area: 1,548
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,548
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NEW YORK TRACT
  • Land Acres: 0.128
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NEW YORK TRACT LOT/SEC 4 BLK/DIV/TWN 20

Ownership

  • Current Owner : FERDINAND PHILLIPPE
  • Current Owner 2: SHAMPANIER KRISTINA
  • Previous Owner : GALINDO JUSTIN D
  • Previous Owner 2: GALINDO LESLEY L
  • Owner Before Previous Owner: NUNEH & SHIVA INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 183620

Zoning

  • Zoning: LARD2

Geography

  • Assessors Map Reference: 36-C1
  • Parcel: 5484-012-004
  • Block: 20
  • Lot: 4
  • Municipality: EAST /LA HIGHLAND PK
  • Latitude: 34.1175
  • Longitude: -118.193

    Address

  • Full Address: 5724 Buchanan St
  • Address - House Number: 5724
  • Address - Street Name: Buchanan
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C003
  • 4-Digit Zip Code: 2520
  • Zip Code: 90042

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,934
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 00-004

    Appraisal Valuation

  • Standard Deviation: 0.2301
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 68
  • Final Value: 1,608,018
  • High Value: 1,978,062
  • Low Value: 1,237,975

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,377,778
  • Assessed Land Value: $964,981
  • Assessed Improvements Value: $412,797

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 15, 2018
  • Current Sale Recording Date: Jul 06, 2018
  • Current Sale Transaction ID: 11477740406
  • Current Sale Price: $1,285,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 18-0676007
  • Previous Sale Recording Date: Sep 30, 2014
  • Previous Sale Contract Date: Sep 05, 2014
  • Previous Sale Amount: $800,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: L ALLEY LOANS INC
  • First Mortgage Transaction Date: Jul 06, 2018
  • First Mortgage Loan Amount: $600,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2033

    Previous Mortgages

  • Previous Mortgage Lender: MUFG UNION BANK NA
  • Previous Mortgage Transaction Date: Sep 30, 2014
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $640,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Oct 01, 2044

About East LA



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Frequently Asked Questions

What neighborhood is 5724 Buchanan Street located in?
The 5724 Buchanan Street is a house located in the neighborhood of Highland Park in East LA, Los Angeles.
What is the average sales price for listings in 5724 Buchanan Street?
The average sales price for units in 5724 Buchanan Street is $0 currently.

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