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615 North Oxford Avenue

615 North Oxford Avenue, Los Angeles, CA 90004
Sold Feb 22, 2016
$1,000,000
$982,500 by Optionwide Financial Corporati
Mortgage Due Apr 01, 2052
Sold Mar 17, 2015
$830,000
Local assessors in Los Angeles, CA have categorized 615 North Oxford Avenue as a residential type of property. The home was built in 1919 and is 105 years old. The property's lot size has been calculated to be 6,755 square feet. The linear feet between the front and back of the lot was measured at 1,350 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a contemporary style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 6 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 4 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 615 North Oxford Avenue has a total of 3,002 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of composition shingle. Residents rely on central air conditioning for their cooling system. The home's floor/wall heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 615 North Oxford Avenue sold most recently in Feb 5, 2016 for a total of $1,000,000. If you work out the math, that's approximately a cost of $333.11 per sqft. Before that, the property was also sold for $830,000 in Mar 11, 2015. 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 $14,907 in taxes each year. The initial year of tax delinquency occurred in 2020. 615 North Oxford Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,453,500. If we break it down further, the land itself was valued at $714,000. Improvements to the property, however, were assessed at a total of $739,500. The property's total assessed value has been marked as more than the total market value 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!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1919
  • Effective Year Built: 1919
  • Building Count: 2
  • Total Rooms: 6
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Contemporary
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 2
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,755
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 500
  • Total Building Area: 3,002
  • Building Area: 3,002
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Floor/wall
  • Heated Square Feet: 3,002
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LA PALOMA ADDITION
  • Land Acres: 0.155
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: LA PALOMA ADD LOT/SEC 11 BLK/DIV/TWN 1

Ownership

  • Current Owner : ISPEROV VLADIMIR
  • Current Owner 2: SHULIKO VLADISLAV
  • Previous Owner : BRIDGE FINANCE LLC
  • Owner Before Previous Owner: HOLY SPRINGS MISSION
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 192510

Zoning

  • Zoning: LAR3

Geography

  • Assessors Map Reference: 34-E5
  • Parcel: 5521-002-009
  • Block: 1
  • Lot: 11
  • Municipality: WEST /KOREA TOWN
  • Latitude: 34.0821
  • Longitude: -118.308

    Address

  • Full Address: 615 N Oxford Ave
  • Address - House Number: 615
  • Street Direction: N
  • Address - Street Name: Oxford
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C006
  • 4-Digit Zip Code: 1712
  • Zip Code: 90004

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,907
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 06-657

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 96
  • Final Value: 1,264,942
  • High Value: 1,350,644
  • Low Value: 1,179,240

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $982,500
  • First Open Lien Mortgage Lender: OPTIONWIDE FINANCIAL CORPORATI
  • First Open Lien Mortgage Recording Date: Mar 16, 2022
  • First Open Lien Mortgage Loan Amount: $982,500
  • 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, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,453,500
  • Assessed Land Value: $714,000
  • Assessed Improvements Value: $739,500

    Sales

  • Current Sale Contract Date: Feb 05, 2016
  • Current Sale Recording Date: Feb 22, 2016
  • Current Sale Transaction ID: 1440101942
  • Current Sale Price: $1,000,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 16-0186428
  • Previous Sale Recording Date: Mar 17, 2015
  • Previous Sale Contract Date: Mar 11, 2015
  • Previous Sale Amount: $830,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BRIDGE FINANCE LLC
  • First Mortgage Transaction Date: Feb 22, 2016
  • First Mortgage Loan Amount: $800,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Seller take-back

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Frequently Asked Questions

What neighborhood is 615 North Oxford Avenue located in?
The 615 North Oxford Avenue is a located in the neighborhood of Wilshire Center - Koreatown in Central LA, Los Angeles.
What is the average sales price for listings in 615 North Oxford Avenue?
The average sales price for units in 615 North Oxford Avenue is $0 currently.

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