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5909 Fayette Street

5909 Fayette Street, Los Angeles, CA 90042
Property in Highland Park
Sold Mar 23, 2020
$1,165,000
$772,000 by Wells Fargo Bank Na
Mortgage Due Apr 01, 2050
Sold Nov 19, 2019
$675,000
$640,000 by Lmf 2 Lp
Mortgage Due Sep 01, 2020
5909 Fayette Street in Los Angeles, CA was first built in 1925 and is 99 years old. 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 7 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 5909 Fayette Street has 1,158 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 5,600 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of gravel/rock. For those who need parking, there is a attached garage. 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 good. 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, 5909 Fayette Street was last sold in Mar 18, 2020 for $1,165,000. According to our calculations, that's $1,006.04 per sqft. Prior to that sales transaction, the property was sold for $675,000 in Nov 5, 2019. Current property owners are expected to pay $14,124 in taxes per year. The property on 5909 Fayette Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,224,621. To break that down further, the land itself was valued at $909,268. While improvements to the property were assessed at a total of $315,353. 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: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,600
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,158
  • Building Area: 1,158
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,158
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NEW YORK TRACT
  • Land Acres: 0.129
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NEW YORK TRACT LOT/SEC 9 BLK/DIV/TWN 1

Ownership

  • Current Owner : HARRIS JUSTIN
  • Current Owner 2: LOWRY MICHELA
  • Previous Owner : URBAUITE INC
  • Owner Before Previous Owner: OLGUIN THOMAS G
  • Owner Before Previous Owner 2: HERMINIA GARCIA AMADOR TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 183220

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 36-C1
  • Parcel: 5484-003-014
  • Block: 1
  • Lot: 9
  • Municipality: EAST /LA HIGHLAND PK
  • Latitude: 34.1195
  • Longitude: -118.19

    Address

  • Full Address: 5909 Fayette St
  • Address - House Number: 5909
  • Address - Street Name: Fayette
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C066
  • 4-Digit Zip Code: 2624
  • Zip Code: 90042

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,124
  • Tax Rate Code Area: 00-004

    Appraisal Valuation

  • Standard Deviation: 0.2252
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 1,350,601
  • High Value: 1,654,815
  • Low Value: 1,046,387

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $772,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Mar 23, 2020
  • First Open Lien Mortgage Loan Amount: $772,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,224,621
  • Assessed Land Value: $909,268
  • Assessed Improvements Value: $315,353

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 18, 2020
  • Current Sale Recording Date: Mar 23, 2020
  • Current Sale Transaction ID: 11749186629
  • Current Sale Price: $1,165,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-0337352
  • Previous Sale Recording Date: Nov 19, 2019
  • Previous Sale Contract Date: Nov 05, 2019
  • Previous Sale Amount: $675,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Mar 23, 2020
  • First Mortgage Loan Amount: $772,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: LMF 2 LP
  • Previous Mortgage Transaction Date: Nov 19, 2019
  • Previous Mortgage Loan Amount: $640,000
  • Previous Mortgage Term: 9
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2020

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Frequently Asked Questions

What neighborhood is 5909 Fayette Street located in?
The 5909 Fayette Street is a located in the neighborhood of Highland Park in East LA, Los Angeles.
What is the average sales price for listings in 5909 Fayette Street?
The average sales price for units in 5909 Fayette Street is $0 currently.

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