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5972 Chula Vista Way

5972 Chula Vista Way, Los Angeles, CA 90068
Property in Hollywood United
Sold May 25, 2021
$1,125,000
$900,000 by Wells Fargo Bank Na
Mortgage Due Jun 01, 2051
Sold Sep 14, 2012
$540,000
Seller
$417,000 by Sierra Pacific Mortgage Co Inc
Mortgage Due Oct 01, 2042
5972 Chula Vista Way in Los Angeles, CA was first built in 1920 and is 104 years old. Although, the building on the property was most recently renovated and altered in 1940. 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. 5972 Chula Vista Way has 986 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 420 ft and the linear feet between the front and back of the lot is 750. In total, the area measurement of the land is 3,218 square feet.

Learn more about the property and building on this page. The home has a hip style roof made of composition shingle. Water for the property is sourced from a municipal system. 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. The condition of the building has been evaluated as average. The exterior walls of the home are made of stucco. 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, 5972 Chula Vista Way was last sold in May 5, 2021 for $1,125,000. According to our calculations, that's $1,140.97 per sqft. Prior to that sales transaction, the property was sold for $540,000 in Aug 21, 2012. Current property owners are expected to pay $13,654 in taxes per year. The property on 5972 Chula Vista Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,170,450. To break that down further, the land itself was valued at $936,360. While improvements to the property were assessed at a total of $234,090. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1920
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,218
  • Lot Size Depth Feet: 750
  • Lot Size Frontage Feet: 420
  • Total Building Area: 986
  • Building Area: 986
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 986
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HOLLYWOOD PINEAPPLE TRACT
  • Land Acres: 0.074
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HOLLYWOOD PINEAPPLE TRACT E 42.50 FT OF N 75.70 FT OF LOT/SEC 23

Ownership

  • Current Owner : COLMAN DREW E
  • Previous Owner : ONEILL MORGAN JAMES
  • Previous Owner 2: ONEILL SARAH
  • Owner Before Previous Owner: FOIRS INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 189501

Zoning

  • Zoning: LARD1.5

Geography

  • Assessors Map Reference: 34-D2
  • Subdivision Tract Number: E
  • Parcel: 5586-014-003
  • Lot: 23
  • Municipality: EAST /LA LAKE HOLLYWD
  • Latitude: 34.1072
  • Longitude: -118.32

    Address

  • Full Address: 5972 Chula Vista Way
  • Address - House Number: 5972
  • Address - Street Name: Chula Vista
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C060
  • 4-Digit Zip Code: 3525
  • Zip Code: 90068

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,654
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.2186
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 70
  • Final Value: 1,304,572
  • High Value: 1,589,783
  • Low Value: 1,019,362

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $900,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: May 25, 2021
  • First Open Lien Mortgage Loan Amount: $900,000
  • 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: Jun 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,170,450
  • Assessed Land Value: $936,360
  • Assessed Improvements Value: $234,090

    Sales

  • Current Sale Contract Date: May 05, 2021
  • Current Sale Recording Date: May 25, 2021
  • Current Sale Transaction ID: 11836240162
  • Current Sale Price: $1,125,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-0838547
  • Previous Sale Recording Date: Sep 14, 2012
  • Previous Sale Contract Date: Aug 21, 2012
  • Previous Sale Amount: $540,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: May 25, 2021
  • First Mortgage Loan Amount: $900,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: SIERRA PACIFIC MORTGAGE CO INC
  • Previous Mortgage Transaction Date: Sep 14, 2012
  • Previous Mortgage Loan Amount: $417,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2042

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Frequently Asked Questions

What neighborhood is 5972 Chula Vista Way located in?
The 5972 Chula Vista Way is a located in the neighborhood of Hollywood United in Central LA, Los Angeles.
What is the average sales price for listings in 5972 Chula Vista Way?
The average sales price for units in 5972 Chula Vista Way is $0 currently.

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