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6530 Riggs Place

6530 Riggs Place, Los Angeles, CA 90045
Property in Westchester
Sold Jul 06, 2018
$1,736,500
$1,500,000 by The Univeristy Of California
Mortgage Due Aug 01, 2048
Sold Jun 01, 2000
$702,500
$562,000 by Bank Of America
Mortgage Due Jun 01, 2030
Local assessors in Los Angeles, CA have categorized 6530 Riggs Place as a residential type of property. The home was built in 1993 and is 31 years old. The property's lot size has been calculated to be 8,306 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 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. If we look only at the heated or air conditioned part of the building, then 6530 Riggs Place has a total of 2,521 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. 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 - A. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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, 6530 Riggs Place sold most recently in May 15, 2018 for a total of $1,736,500. If you work out the math, that's approximately a cost of $688.81 per sqft. Before that, the property was also sold for $702,500 in Apr 5, 2000. 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 $21,597 in taxes each year. The initial year of tax delinquency occurred in 2020. 6530 Riggs Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,861,876. If we break it down further, the land itself was valued at $1,311,516. Improvements to the property, however, were assessed at a total of $550,360. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: A
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,306
  • Total Building Area: 2,521
  • Building Area: 2,521
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,521
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 43416
  • Land Acres: 0.191
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TR=43416 LOT 50

Ownership

  • Current Owner : WANG ANTHONY CHIN HSIU
  • Current Owner 2: WANG PAGE INMAN
  • Previous Owner : WHITE GREGGORY SCOTT
  • Owner Before Previous Owner: MOCHIZUKI JON
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 277000

Zoning

  • Zoning: LAR1

Geography

  • Subdivision Tract Number: 43416
  • Parcel: 4211-004-046
  • Lot: 50
  • Municipality: WEST /WESTCHESTER
  • Latitude: 33.9809
  • Longitude: -118.4

    Address

  • Full Address: 6530 Riggs Pl
  • Address - House Number: 6530
  • Address - Street Name: Riggs
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C043
  • 4-Digit Zip Code: 1266
  • Zip Code: 90045

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $21,597
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 00-068

    Appraisal Valuation

  • Standard Deviation: 0.2247
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 69
  • Final Value: 2,303,894
  • High Value: 2,821,636
  • Low Value: 1,786,152

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,500,000
  • First Open Lien Mortgage Lender: THE UNIVERISTY OF CALIFORNIA
  • First Open Lien Mortgage Recording Date: Jul 06, 2018
  • First Open Lien Mortgage Loan Amount: $1,500,000
  • 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: Aug 01, 2048

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,861,876
  • Assessed Land Value: $1,311,516
  • Assessed Improvements Value: $550,360

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 15, 2018
  • Current Sale Recording Date: Jul 06, 2018
  • Current Sale Transaction ID: 11480256265
  • Current Sale Price: $1,736,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 18-0676791
  • Previous Sale Recording Date: Jun 01, 2000
  • Previous Sale Contract Date: Apr 05, 2000
  • Previous Sale Amount: $702,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE UNIVERISTY OF CALIFORNIA
  • First Mortgage Transaction Date: Jul 06, 2018
  • First Mortgage Loan Amount: $1,500,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA
  • Previous Mortgage Transaction Date: Jun 01, 2000
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $562,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jun 01, 2030

About West Los Angeles



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Frequently Asked Questions

What neighborhood is 6530 Riggs Place located in?
The 6530 Riggs Place is a located in the neighborhood of Westchester in West Los Angeles, Los Angeles.
What is the average sales price for listings in 6530 Riggs Place?
The average sales price for units in 6530 Riggs Place is $0 currently.

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