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5826 Willoughby Avenue

5826 Willoughby Avenue, Los Angeles, CA 90038
5826 Willoughby Avenue has been categorized by the local assessors in Los Angeles, CA as a residential type of property. The building on the property was first built in 1911 and is 113 years old. The home has a total of 4 bedrooms. Residents will have access to 3 full bathrooms. There are 3 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, 5826 Willoughby Avenue has 2,784 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,492 square feet.

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 are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as fair. 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 C 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 air conditioning at the moment. In terms of heating, it is utilizing a 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. According to our sources, 5826 Willoughby Avenue sold most recently in Dec 7, 2021 for a total of $1,400,000. If you work out the math, that's approximately a cost of $502.87 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $16,907 in taxes each year. 5826 Willoughby Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,428,000. If we break it down further, the land itself was valued at $1,020,000. Improvements to the property, however, were assessed at a total of $408,000. 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
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210927
09/27/2021
Studio
-
-
$1,485,000
bedrooms
Studio
bathrooms
-
$1,400,000 -5.72%
12/22/2021
David Cilento
Nelson Shelton Real Estate Era Powered

Building Info

Overview

    General

  • Year Built: 1911
  • Effective Year Built: 1911
  • Building Count: 2
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Fair
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 4
  • Basement Area: 0
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,492
  • Total Building Area: 2,784
  • Gross Building Area: 2,784
  • Building Area: 2,784
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,784
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EL CENTRO TRACT
  • Land Acres: 0.149
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Personal property general
  • Legal Description 1: EL CENTRO TRACT LOT/SEC 11 BLK/DIV/TWN 9

Ownership

  • Current Owner : CYBURT COLBY
  • Current Owner 2: SCHREIBER MATTHEW
  • Previous Owner : PARK PHIL WOO
  • Owner Before Previous Owner: PERLSTEIN JENNA ELIZABETH
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 191820

Zoning

  • Zoning: LAR3

Geography

  • Assessors Map Reference: 34-C4
  • Parcel: 5534-029-007
  • Block: 9
  • Lot: 11
  • Municipality: WEST /HOLLYWOOD
  • Latitude: 34.0868
  • Longitude: -118.323

    Address

  • Full Address: 5826 Willoughby Ave
  • Address - House Number: 5826
  • Address - Street Name: Willoughby
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C034
  • 4-Digit Zip Code: 3095
  • Zip Code: 90038

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,907
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.221
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 55
  • Final Value: 1,395,362
  • High Value: 1,703,797
  • Low Value: 1,086,926

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $30,000
  • First Open Lien Mortgage Lender: EMERALD REAL ESTATE SERVICES I
  • First Open Lien Mortgage Recording Date: Jul 24, 2003
  • First Open Lien Mortgage Loan Amount: $30,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,428,000
  • Assessed Land Value: $1,020,000
  • Assessed Improvements Value: $408,000

    Sales

  • Current Sale Contract Date: Dec 07, 2021
  • Current Sale Recording Date: Dec 22, 2021
  • Current Sale Transaction ID: 11875609090
  • Current Sale Price: $1,400,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1898098
  • Previous Sale Recording Date: Dec 09, 2014
  • Previous Sale Contract Date: Dec 02, 2014
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM LLC
  • First Mortgage Transaction Date: Dec 22, 2021
  • First Mortgage Loan Amount: $1,050,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: SHINHAN BANK AMERICA
  • Previous Mortgage Transaction Date: Dec 09, 2014
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $490,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Central LA



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Frequently Asked Questions

What neighborhood is 5826 Willoughby Avenue located in?
The 5826 Willoughby Avenue is a multifamily located in the neighborhood of Hollywood Studio District in Central LA, Los Angeles.
What is the average sales price for listings in 5826 Willoughby Avenue?
The average sales price for units in 5826 Willoughby Avenue is $1,485,000 currently.

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