7411 Stanford Avenue

7411 Stanford Avenue 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 1925 and is 99 years old. However, we must point out that the home was most recently renovated and altered in 1943. The home has a total of 4 rooms. 6 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 7411 Stanford Avenue has 1,314 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 460 ft and across the front of the lot is 460 ft. The area measurement of the land has been determined as 2,102 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

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, 7411 Stanford Avenue was last sold in Feb 23, 2024 for $720,000. According to our calculations, that's $547.95 per sqft. Prior to that sales transaction, the property was sold for $120,000 in Feb 8, 2023. Current property owners are expected to pay $9,218 in taxes per year. The property on 7411 Stanford Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $525,388. To break that down further, the land itself was valued at $358,188. While improvements to the property were assessed at a total of $167,200. 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. 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!