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6723 3rd Avenue

6723 3rd Avenue, Los Angeles, CA 90043
Sold Oct 21, 2016
$350,000
$350,000 by Skyline Financial Corp
Mortgage Due Nov 01, 2046
Sold Apr 01, 2004
$219,000
$197,100 by Fremont Investment & Loan
Mortgage Due Apr 01, 2034
6723 3rd Avenue in Los Angeles, CA was first built in 1925 and is 99 years old. Although, the building on the property was most recently renovated and altered in 1927. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 6 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 6723 3rd Avenue has 936 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 400 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 4,801 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of composition shingle. 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. As for heating, the home is utilizing floor/wall heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 6723 3rd Avenue was last sold in Jun 8, 2016 for $350,000. According to our calculations, that's $373.93 per sqft. Prior to that sales transaction, the property was sold for $219,000 in Jan 5, 2004. Current property owners are expected to pay $4,685 in taxes per year. The property on 6723 3rd Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $390,429. To break that down further, the land itself was valued at $312,344. While improvements to the property were assessed at a total of $78,085. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1927
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,801
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 400
  • Total Building Area: 936
  • Building Area: 936
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 936
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 5721
  • Land Acres: 0.11
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 5721 LOT/SEC 21 BLK/DIV/TWN 2

Ownership

  • Current Owner : REED HARRY D
  • Previous Owner : THOMAS CHAUNTEL M
  • Owner Before Previous Owner: ROWAN ARMENTHA C
  • Owner Before Previous Owner 2: EDWARDS ARMENTHA C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 235201

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 51-D5
  • Subdivision Tract Number: 5721
  • Parcel: 4008-015-022
  • Block: 2
  • Lot: 21
  • Municipality: WEST /HYDE PK/WINSOR
  • Latitude: 33.9775
  • Longitude: -118.321

    Address

  • Full Address: 6723 3rd Ave
  • Address - House Number: 6723
  • Address - Street Name: 3rd
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C036
  • 4-Digit Zip Code: 4403
  • Zip Code: 90043

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,685
  • Tax Rate Code Area: 00-212

    Appraisal Valuation

  • Standard Deviation: 0.2296
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 698,738
  • High Value: 859,208
  • Low Value: 538,268

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $350,000
  • First Open Lien Mortgage Lender: SKYLINE FINANCIAL CORP
  • First Open Lien Mortgage Recording Date: Oct 21, 2016
  • First Open Lien Mortgage Loan Amount: $350,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2046

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $390,429
  • Assessed Land Value: $312,344
  • Assessed Improvements Value: $78,085

    Sales

  • Current Sale Contract Date: Jun 08, 2016
  • Current Sale Recording Date: Oct 21, 2016
  • Current Sale Transaction ID: 1822565552
  • Current Sale Price: $350,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 16-1297207
  • Previous Sale Recording Date: Apr 01, 2004
  • Previous Sale Contract Date: Jan 05, 2004
  • Previous Sale Amount: $219,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: SKYLINE FINANCIAL CORP
  • First Mortgage Transaction Date: Oct 21, 2016
  • First Mortgage Loan Amount: $350,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Nov 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: FREMONT INVESTMENT & LOAN
  • Previous Mortgage Transaction Date: Apr 01, 2004
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $197,100
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Apr 01, 2034

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Frequently Asked Questions

What neighborhood is 6723 3rd Avenue located in?
The 6723 3rd Avenue is a located in the neighborhood of Park Mesa Heights in South LA, Los Angeles.
What is the average sales price for listings in 6723 3rd Avenue?
The average sales price for units in 6723 3rd Avenue is $0 currently.

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