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6361 Drexel Avenue

6361 Drexel Avenue, Los Angeles, CA 90048
Sold Jan 03, 2019
$3,800,000
$1,400,000 by Easy Financial Llc
Mortgage
Sold Aug 01, 2016
$1,605,000
6361 Drexel Avenue in Los Angeles, CA was first built in 2018 and is 6 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 Spanish style. It is a single story home. There are a total of 9 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 5 full bathrooms. There are 5 partial bathrooms. 6361 Drexel Avenue has 3,453 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 500 ft and the linear feet between the front and back of the lot is 1,210. In total, the area measurement of the land is 6,050 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a gable style roof made of tile. 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 C. The condition of the building has been evaluated as excellent. 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 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. 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, 6361 Drexel Avenue sold most recently in Dec 17, 2018 for a total of $3,800,000. If you work out the math, that's approximately a cost of $1,100.49 per sqft. Before that, the property was also sold for $1,605,000 in Jun 28, 2016. 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 $47,037 in taxes each year. 6361 Drexel Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $4,074,365. If we break it down further, the land itself was valued at $3,055,775. Improvements to the property, however, were assessed at a total of $1,018,590. The property's total assessed value has been marked as more than the total market value which is pretty atypical. 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. 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: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Condition: Excellent
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Spanish
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 6,050
  • Lot Size Depth Feet: 1,210
  • Lot Size Frontage Feet: 500
  • Total Building Area: 3,453
  • Building Area: 3,453
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 3,453
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 7555
  • Land Acres: 0.139
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 7555 LOT/SEC 13 BLK/DIV/TWN 28

Ownership

  • Current Owner : LEWIS LUCY L
  • Current Owner 2: LUCY L LEWIS REVOCABLE TRUST
  • Previous Owner : DREXEL AVE LLC
  • Owner Before Previous Owner: PRIMESTAR FUND II TRS INC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 214700

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 42-E1
  • Subdivision Tract Number: 7555
  • Parcel: 5510-002-014
  • Block: 28
  • Lot: 13
  • Municipality: WEST /PARK LABREA
  • Latitude: 34.0691
  • Longitude: -118.367

    Address

  • Full Address: 6361 Drexel Ave
  • Address - House Number: 6361
  • Address - Street Name: Drexel
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C013
  • 4-Digit Zip Code: 4703
  • Zip Code: 90048

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $47,037
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.23
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 68
  • Final Value: 2,751,768
  • High Value: 3,384,828
  • Low Value: 2,118,707

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,400,000
  • First Open Lien Mortgage Lender: EASY FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: Dec 11, 2018
  • First Open Lien Mortgage Loan Amount: $1,400,000
  • 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: $4,074,365
  • Assessed Land Value: $3,055,775
  • Assessed Improvements Value: $1,018,590

    Sales

  • Current Sale Contract Date: Dec 17, 2018
  • Current Sale Recording Date: Jan 03, 2019
  • Current Sale Transaction ID: 11551555463
  • Current Sale Price: $3,800,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 19-0005506
  • Previous Sale Recording Date: Aug 01, 2016
  • Previous Sale Contract Date: Jun 28, 2016
  • Previous Sale Amount: $1,605,000
  • Previous Sale Document Type: Grant Deed

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Frequently Asked Questions

What neighborhood is 6361 Drexel Avenue located in?
The 6361 Drexel Avenue is a house located in the neighborhood of Mid-City West in Central LA, Los Angeles.
What is the average sales price for listings in 6361 Drexel Avenue?
The average sales price for units in 6361 Drexel Avenue is $0 currently.

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