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7006 Malabar Street

7006 Malabar Street, Huntington Park, CA 90255
Property in Huntington Park
Sold Aug 25, 2017
$1,295,500
$705,000 by Bank Of Hope
Mortgage
Local assessors in Huntington Park, CA have categorized 7006 Malabar Street as a residential type of property. The home was built in 1932 and is 92 years old. The property's lot size has been calculated to be 8,719 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, 10 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 6 full bathrooms. There are also 6 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7006 Malabar Street has a total of 6,363 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 - D. The building has a flat style roof that was made of roll composition. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. The property was last sold in Aug 7, 2017 for $1,295,500. That's $203.60 per sqft. 7006 Malabar Street was last assessed in 2023. The total value of the property was assessed at $1,416,270. Specifically, the land the property is located on was valued at $656,187. While improvements on the property were assessed at a total of $760,083. 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 $21,365. 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! 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: 1932
  • Effective Year Built: 1932
  • Building Count: 2
  • Bedroom Count: 10
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Quality: D
  • Construction Type: Wood
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Flat
  • Roof Cover Type: Roll composition
  • Floor Count: 2
  • Living Units: 6
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,719
  • Total Building Area: 6,363
  • Gross Building Area: 6,363
  • Building Area: 6,363
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 6,363
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HUNTINGTON PARK TRACT
  • Land Acres: 0.2
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Personal property general
  • Legal Description 1: HUNTINGTON PARK LOT/SEC 5 BLK/DIV/TWN 52

Ownership

  • Current Owner : CHO PETER KYUCHUN
  • Current Owner 2: CHO NANCY BYUNGOK
  • Previous Owner : EL SOL ENTERPRISES INC
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 533104

Zoning

  • Zoning: HPR4*

Geography

  • Assessors Map Reference: 52-F5
  • Parcel: 6322-022-007
  • Block: 52
  • Lot: 5
  • Municipality: SOUTH /HUNTINGTON PK.
  • Latitude: 33.9761
  • Longitude: -118.227

    Address

  • Full Address: 7006 Malabar St
  • Address - House Number: 7006
  • Address - Street Name: Malabar
  • Address - Suffix Type: St
  • State: CA
  • City Name: Huntington Park
  • Carrier Code: C063
  • 4-Digit Zip Code: 4732
  • Zip Code: 90255

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $21,365
  • Tax Rate Code Area: 00-589

    Appraisal Valuation

  • Standard Deviation: 0.221
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 55
  • Final Value: 1,333,314
  • High Value: 1,628,033
  • Low Value: 1,038,594

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $705,000
  • First Open Lien Mortgage Lender: BANK OF HOPE
  • First Open Lien Mortgage Recording Date: Mar 18, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $705,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,416,270
  • Assessed Land Value: $656,187
  • Assessed Improvements Value: $760,083

    Sales

  • Current Sale Contract Date: Aug 07, 2017
  • Current Sale Recording Date: Aug 25, 2017
  • Current Sale Transaction ID: 1732664483
  • Current Sale Price: $1,295,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 17-0966474

    Last Sale Mortgage

  • First Mortgage Lender: LUTHER BURBANK SAVINGS
  • First Mortgage Transaction Date: Aug 25, 2017
  • First Mortgage Loan Amount: $745,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Huntington Park



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Frequently Asked Questions

What neighborhood is 7006 Malabar Street located in?
The 7006 Malabar Street is a located in the neighborhood of Huntington Park in Huntington Park, Huntington Park.
What is the average sales price for listings in 7006 Malabar Street?
The average sales price for units in 7006 Malabar Street is $0 currently.

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