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5738 Lemp Avenue

5738 Lemp Avenue, North Hollywood, CA 91601
Refi Oct 01, 2021
Transfer
$145,000 by Wells Fargo Bank Na
Mortgage Due Oct 01, 2036
5738 Lemp Avenue has been categorized by the local assessors in North Hollywood, CA as a residential type of property. The building on the property was first built in 1939 and is 85 years old. However, we must point out that the home was most recently renovated and altered in 1967. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5738 Lemp Avenue has 1,585 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,320 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 6,606 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. According to our sources, there is one available parking space. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of stucco. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $3,751 in taxes each year. 5738 Lemp Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $303,112. If we break it down further, the land itself was valued at $89,366. Improvements to the property, however, were assessed at a total of $213,746. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Driveway

Driveway

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,606
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,585
  • Building Area: 1,585
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,585
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 7637
  • Land Acres: 0.152
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 7637 LOT/SEC 151

Ownership

  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 124102

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 16-D6
  • Subdivision Tract Number: 7637
  • Parcel: 2338-020-020
  • Lot: 151
  • Municipality: NORTH /NORTH HOLLYWOOD
  • Latitude: 34.1751
  • Longitude: -118.384

    Address

  • Full Address: 5738 Lemp Ave
  • Address - House Number: 5738
  • Address - Street Name: Lemp
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: North Hollywood
  • Carrier Code: C009
  • 4-Digit Zip Code: 1640
  • Zip Code: 91601

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,751
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 96
  • Final Value: 1,010,087
  • High Value: 1,078,522
  • Low Value: 941,652

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $145,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Oct 01, 2021
  • First Open Lien Mortgage Loan Amount: $145,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2036

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $303,112
  • Assessed Land Value: $89,366
  • Assessed Improvements Value: $213,746

    Exemptions

  • Homeowner Exemption: Yes

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Frequently Asked Questions

What neighborhood is 5738 Lemp Avenue located in?
The 5738 Lemp Avenue is a house located in the neighborhood of Mid-Town North Hollywood in South Valley, North Hollywood.
What is the average sales price for listings in 5738 Lemp Avenue?
The average sales price for units in 5738 Lemp Avenue is $0 currently.

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