7121 West Manchester Avenue

Local assessors in Los Angeles, CA have categorized 7121 West Manchester Avenue as a office type of property. The home was built in 1950 and is 74 years old. The property's lot size has been calculated to be 5,004 square feet. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7121 West Manchester Avenue has a total of 2,263 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. 7121 West Manchester Avenue is a 4 code building. This code stands for "buildings that have wood or wood and steel frames.". 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 - B. Residents rely on no air conditioning for their cooling system. 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, 7121 West Manchester Avenue sold most recently in Nov 30, 2023 for a total of $1,150,000. If you work out the math, that's approximately a cost of $508.17 per sqft. 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 $2,384 in taxes each year. 7121 West Manchester Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $164,660. If we break it down further, the land itself was valued at $111,670. Improvements to the property, however, were assessed at a total of $52,990. The property's total assessed value has been marked as more than the total market value 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!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.