7172 Melrose Avenue

7172 Melrose Avenue in Los Angeles, CA was first built in 1947 and is 77 years old. Although, the building on the property was most recently renovated and altered in 1953. This has been categorized as a commercial property type. It is a single story home. 7172 Melrose Avenue has 3,380 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 1,100. In total, the area measurement of the land is 4,400 square feet.

Learn more about the property and building on this page. The building type has been coded as 4. The code stands for buildings that have wood or wood and steel frames.. 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. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. The property was last sold in Aug 5, 2011 for $1,010,010. That's $298.82 per sqft. 7172 Melrose Avenue was last assessed in 2023. The total value of the property was assessed at $1,219,345. Specifically, the land the property is located on was valued at $977,893. While improvements on the property were assessed at a total of $241,452. 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 $16,408. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.