Check Availability

721 East 53rd Street

721 East 53rd Street, Los Angeles, CA 90011
Property in South LA
Sold Jul 08, 2005
$360,000
$376,500 by Suntrust Mortgage Inc
Mortgage Due May 01, 2038
Sold Jan 07, 1994
$118,000
Local assessors in Los Angeles, CA have categorized 721 East 53rd Street as a residential type of property. The home was built in 1913 and is 111 years old. The property's lot size has been calculated to be 6,024 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 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 2 full bathrooms. There are also 2 partial bathrooms. 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 721 East 53rd Street has a total of 1,342 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. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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. The building has a roof that is made of composition shingle. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. 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, 721 East 53rd Street was last sold in Jun 27, 2005 for $360,000. According to our calculations, that's $268.26 per sqft. Prior to that sales transaction, the property was sold for $118,000 in Dec 30, 1993. Current property owners are expected to pay $5,982 in taxes per year. The property on 721 East 53rd Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $497,533. To break that down further, the land itself was valued at $342,642. While improvements to the property were assessed at a total of $154,891. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1913
  • Effective Year Built: 1913
  • Building Count: 2
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Duplex
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,024
  • Total Building Area: 1,342
  • Building Area: 1,342
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,342
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GRADY TRACT
  • Land Acres: 0.138
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: GRANDY TRACT LOT/SEC 3

Ownership

  • Current Owner : ZARAGOZA RAFAEL
  • Previous Owner : ORTEGA JOSE JAVIER
  • Owner Before Previous Owner: HUDSON ELBERT T
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 229420

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 52-C3
  • Parcel: 5103-006-013
  • Lot: 3
  • Municipality: SOUTH /L.A./FLORENCE
  • Latitude: 33.9944
  • Longitude: -118.263

    Address

  • Full Address: 721 E 53rd St
  • Address - House Number: 721
  • Street Direction: E
  • Address - Street Name: 53rd
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C058
  • 4-Digit Zip Code: 4619
  • Zip Code: 90011

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,982
  • Tax Rate Code Area: 00-007

    Appraisal Valuation

  • Standard Deviation: 0.2358
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 67
  • Final Value: 655,848
  • High Value: 810,518
  • Low Value: 501,179

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $376,500
  • First Open Lien Mortgage Lender: SUNTRUST MORTGAGE INC
  • First Open Lien Mortgage Recording Date: May 06, 2008
  • First Open Lien Mortgage Loan Amount: $376,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: May 01, 2038

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $497,533
  • Assessed Land Value: $342,642
  • Assessed Improvements Value: $154,891

    Sales

  • Current Sale Contract Date: Jun 27, 2005
  • Current Sale Recording Date: Jul 08, 2005
  • Current Sale Transaction ID: 1034586737
  • Current Sale Price: $360,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 05-1605381
  • Previous Sale Recording Date: Jan 07, 1994
  • Previous Sale Contract Date: Dec 30, 1993
  • Previous Sale Amount: $118,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WMC MORTGAGE CORP
  • First Mortgage Transaction Date: Jul 08, 2005
  • First Mortgage Loan Amount: $288,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Mortgage Loan Due Date: Jul 01, 2035
  • Second Mortgage Loan Amount: $72,000

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About South LA



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 2349 S Santa Fe Ave, Los Angeles, CA, 90058

$4,650 /mo

  • Studio
  • 1 Bath
  • 1,771 ft²
2349 S Santa Fe Ave #241513, Los Angeles, CA, 90058 Listing by Aaron Gill
Unit for rent at 601 W 49th St, Los Angeles, CA, 90037

$4,299 /mo

  • 4 Beds
  • 2 Baths
  • 1,150 ft²
601 W 49th St #601, Los Angeles, CA, 90037 Listing by Krisztina Bodzsar
Unit for rent at 212 E 29th St, Los Angeles, CA, 90011

$4,200 /mo

  • 4 Beds
  • 4 Baths
  • 1,500 ft²
212 E 29th St, Los Angeles, CA, 90011 Listing by Yohann Bensimon

Frequently Asked Questions

What neighborhood is 721 East 53rd Street located in?
The 721 East 53rd Street is a located in the neighborhood of South LA in South LA, Los Angeles.
What is the average sales price for listings in 721 East 53rd Street?
The average sales price for units in 721 East 53rd Street is $0 currently.

Quantcast