Check Availability

615 South Highland Avenue

615 South Highland Avenue, Los Angeles, CA 90036
Property in Greater Wilshire
Sold Jun 07, 2018
$1,870,000
Buyer
$1,658,500 by Pmac Lending Services Inc
Mortgage Due Dec 01, 2051
615 South Highland 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 1928 and is 96 years old. However, we must point out that the home was most recently renovated and altered in 1950. The home has a total of 11 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 5 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 615 South Highland Avenue has 3,331 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 1,350 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 8,100 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a Spanish 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 C by the local assessor. The building has a gable style roof made of tile. 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 central heating system. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in May 1, 2018 for $1,870,000. That's $561.39 per sqft. 615 South Highland Avenue was last assessed in 2023. The total value of the property was assessed at $2,067,925. Specifically, the land the property is located on was valued at $1,636,093. While improvements on the property were assessed at a total of $431,832. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $24,205. The initial tax year of delinquency was in 2020. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Spanish
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,100
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 600
  • Total Building Area: 3,331
  • Building Area: 3,331
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 3,331
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 5049
  • Land Acres: 0.186
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 5049 LOT/SEC 25

Ownership

  • Current Owner : KANG SUN
  • Previous Owner : HICKEY GREGORY P
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 211000

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 34-B5
  • Subdivision Tract Number: 5049
  • Parcel: 5507-019-003
  • Lot: 25
  • Municipality: WEST /HANCOCK PARK
  • Latitude: 34.0644
  • Longitude: -118.339

    Address

  • Full Address: 615 S Highland Ave
  • Address - House Number: 615
  • Street Direction: S
  • Address - Street Name: Highland
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C070
  • 4-Digit Zip Code: 3528
  • Zip Code: 90036

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $24,205
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2266
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 3,456,653
  • High Value: 4,240,194
  • Low Value: 2,673,112

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,658,500
  • First Open Lien Mortgage Lender: PMAC LENDING SERVICES INC
  • First Open Lien Mortgage Recording Date: Nov 17, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,658,500
  • 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: Dec 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,067,925
  • Assessed Land Value: $1,636,093
  • Assessed Improvements Value: $431,832

    Sales

  • Current Sale Contract Date: May 01, 2018
  • Current Sale Recording Date: Jun 07, 2018
  • Current Sale Transaction ID: 11468853040
  • Current Sale Price: $1,870,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 18-0567505

    Last Sale Mortgage

  • First Mortgage Lender: ROYAL BUSINESS BANK
  • First Mortgage Transaction Date: Jun 07, 2018
  • First Mortgage Loan Amount: $935,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jul 01, 2048

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Central LA



Similar Buildings

Property at 615 South Highland Avenue,

444 South Mans Field Avenue

  • 1 Unit for Sale
444 South Mans Field Avenue, Los Angeles, CA 90036
Property at 615 South Highland Avenue,

683 South McCadden Place

  • 1 Unit for Sale
683 South McCadden Place, Los Angeles, CA 90005
Property at 615 South Highland Avenue,

724 South Mansfield Avenue

  • 1 Unit for Sale
724 South Mansfield Avenue, Los Angeles, CA 90036
Property at 615 South Highland Avenue,

834 South Tremaine Avenue

  • 1 Unit for Sale
834 South Tremaine Avenue, Los Angeles, CA 90005
Property at 615 South Highland Avenue,

849 South Citrus Avenue

  • 1 Unit for Sale
849 South Citrus Avenue, Los Angeles, CA 90036
Property at 615 South Highland Avenue,

315 South Hudson Avenue

  • 1 Unit for Sale
315 South Hudson Avenue, Los Angeles, CA 90020
Property at 615 South Highland Avenue,

907 South Mansfield Avenue

  • 1 Unit for Sale
907 South Mansfield Avenue, Los Angeles, CA 90036
Property at 615 South Highland Avenue,

109 North Sycamore Avenue

  • 2 Units for Sale
109 North Sycamore Avenue, Los Angeles, CA 90036

Nearby Rentals

Unit for rent at 1338 N Genesee Ave, Los Angeles, CA, 90046

$16,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,856 ft²
1338 N Genesee Ave, Los Angeles, CA, 90046 Listing by Avi Einav
Unit for rent at 136 Fremont Pl, Los Angeles, CA, 90005

$15,000 /mo

  • 5 Beds
  • 4.5 Baths
  • 4,465 ft²
136 Fremont Pl, Los Angeles, CA, 90005 Listing by Daehong Park

Frequently Asked Questions

What neighborhood is 615 South Highland Avenue located in?
The 615 South Highland Avenue is a located in the neighborhood of Greater Wilshire in Central LA, Los Angeles.
What is the average sales price for listings in 615 South Highland Avenue?
The average sales price for units in 615 South Highland Avenue is $0 currently.

Quantcast