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731 East 81st Street

731 East 81st Street, Los Angeles, CA 90001
Property in CANNDU
Sold Jan 15, 2021
$435,000
$427,121 by Finance Of America Mortgage Ll
Mortgage Due Feb 01, 2051
731 East 81st Street has been categorized by the local assessors in Los Angeles, CA as a residential type of property. The building on the property was first built in 1926 and is 98 years old. The home has a total of 2 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 731 East 81st Street has 875 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,280 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 5,103 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. In terms of heating, it 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, 731 East 81st Street was last sold in Jan 6, 2021 for $435,000. According to our calculations, that's $497.14 per sqft. Current property owners are expected to pay $5,385 in taxes per year. The property on 731 East 81st Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $452,781. To break that down further, the land itself was valued at $362,267. While improvements to the property were assessed at a total of $90,514. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1926
  • Effective Year Built: 1926
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,103
  • Lot Size Depth Feet: 1,280
  • Lot Size Frontage Feet: 400
  • Total Building Area: 875
  • Building Area: 875
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 875
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 6
  • Land Acres: 0.117
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 6O97 LOT/SEC1427

Ownership

  • Current Owner : LOPEZ MARCO ANTONIO CONDO
  • Current Owner 2: CONDO JOCELYN IVETTE
  • Previous Owner : JACKSON RODNEY T
  • Previous Owner 2: RAYMOND E JACKSON LIVING TRUST
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 239801

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 58-C1
  • Subdivision Tract Number: 6
  • Parcel: 6029-007-008
  • Lot: 1427
  • Municipality: SOUTH /L.A./FLORENCE
  • Latitude: 33.9658
  • Longitude: -118.262

    Address

  • Full Address: 731 E 81st St
  • Address - House Number: 731
  • Street Direction: E
  • Address - Street Name: 81st
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C012
  • 4-Digit Zip Code: 3215
  • Zip Code: 90001

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,385
  • Tax Rate Code Area: 00-007

    Appraisal Valuation

  • Standard Deviation: 0.2306
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 599,901
  • High Value: 738,289
  • Low Value: 461,514

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $427,121
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Open Lien Mortgage Recording Date: Jan 15, 2021
  • First Open Lien Mortgage Loan Amount: $427,121
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $452,781
  • Assessed Land Value: $362,267
  • Assessed Improvements Value: $90,514

    Sales

  • Current Sale Contract Date: Jan 06, 2021
  • Current Sale Recording Date: Jan 15, 2021
  • Current Sale Transaction ID: 11815399452
  • Current Sale Price: $435,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-0082173

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Mortgage Transaction Date: Jan 15, 2021
  • First Mortgage Loan Amount: $427,121
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2051

About South LA



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Frequently Asked Questions

What neighborhood is 731 East 81st Street located in?
The 731 East 81st Street is a located in the neighborhood of CANNDU in South LA, Los Angeles.
What is the average sales price for listings in 731 East 81st Street?
The average sales price for units in 731 East 81st Street is $0 currently.

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