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641 Micheltorena Street

641 Micheltorena Street, Los Angeles, CA 90026
Property in Silver Lake
Sold Nov 30, 2011
$440,000
$264,000 by East West Bank
Mortgage Due Dec 01, 2041
Sold May 28, 1998
$132,000
$125,094 by Scme Mtg Bankers Inc
Mortgage Due Jun 01, 2028
641 Micheltorena Street in Los Angeles, CA was first built in 1937 and is 87 years old. Although, the building on the property was most recently renovated and altered in 1967. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a bungalow style. It is a single story home. There are a total of 4 rooms in the home, of which, 8 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 641 Micheltorena Street has 2,739 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 1,610. In total, the area measurement of the land is 8,066 square feet.

Learn more about the property and building on this page. The roof of the home is made of composition shingle. Water for the property is sourced from a municipal system. 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. 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 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. 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, 641 Micheltorena Street sold most recently in Oct 12, 2011 for a total of $440,000. If you work out the math, that's approximately a cost of $160.64 per sqft. Before that, the property was also sold for $132,000 in Apr 9, 1998. 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 $6,614 in taxes each year. 641 Micheltorena Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $531,196. If we break it down further, the land itself was valued at $344,071. Improvements to the property, however, were assessed at a total of $187,125. The property's total assessed value has been marked as more than the total market value 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!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: 1937
  • Effective Year Built: 1967
  • Building Count: 2
  • Total Rooms: 4
  • Bedroom Count: 8
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Bungalow
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 3
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,066
  • Lot Size Depth Feet: 1,610
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,739
  • Building Area: 2,739
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Floor/wall
  • Heated Square Feet: 2,739
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WEST END OCEAN VIEW TRACT
  • Land Acres: 0.185
  • Standard Land Use Code: Triplex (3 units, any combination)
  • Legal Description 1: WEST END OCEAN VIEW TRACT LOT/SEC 125

Ownership

  • Current Owner : LEW HWAN
  • Current Owner 2: LEW ALICE
  • Previous Owner : SEBASTIAN MELCHOR A
  • Previous Owner 2: SEBASTIAN MITCHELL S
  • Owner Before Previous Owner: JUSE TED C
  • Owner Before Previous Owner 2: JUSE MINERVA S
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 195903

Zoning

  • Zoning: LARD2

Geography

  • Assessors Map Reference: 35-A5
  • Parcel: 5401-008-023
  • Lot: 125
  • Municipality: EAST /LA SILVER LAKE
  • Latitude: 34.0805
  • Longitude: -118.281

    Address

  • Full Address: 641 Micheltorena St
  • Address - House Number: 641
  • Address - Street Name: Micheltorena
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C028
  • 4-Digit Zip Code: 3622
  • Zip Code: 90026

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,614
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.2306
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 68
  • Final Value: 1,585,632
  • High Value: 1,951,315
  • Low Value: 1,219,950

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $264,000
  • First Open Lien Mortgage Lender: EAST WEST BANK
  • First Open Lien Mortgage Recording Date: Nov 30, 2011
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $264,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2041

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $531,196
  • Assessed Land Value: $344,071
  • Assessed Improvements Value: $187,125

    Sales

  • Current Sale Contract Date: Oct 12, 2011
  • Current Sale Recording Date: Nov 30, 2011
  • Current Sale Transaction ID: 1035491124
  • Current Sale Price: $440,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 11-1618459
  • Previous Sale Recording Date: May 28, 1998
  • Previous Sale Contract Date: Apr 09, 1998
  • Previous Sale Amount: $132,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: EAST WEST BANK
  • First Mortgage Transaction Date: Nov 30, 2011
  • First Mortgage Loan Amount: $264,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Dec 01, 2041

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: SCME MTG BANKERS INC
  • Previous Mortgage Transaction Date: May 28, 1998
  • Previous Mortgage Loan Amount: $125,094
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2028

About East LA



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Frequently Asked Questions

What neighborhood is 641 Micheltorena Street located in?
The 641 Micheltorena Street is a located in the neighborhood of Silver Lake in East LA, Los Angeles.
What is the average sales price for listings in 641 Micheltorena Street?
The average sales price for units in 641 Micheltorena Street is $0 currently.

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