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742 South Harvard Boulevard

742 South Harvard Boulevard, Los Angeles, CA 90005
Sold Dec 21, 2018
$13,200,000
$7,200,000 by Jpmorgan Chase Bank Na
Mortgage
Local assessors in Los Angeles, CA have categorized 742 South Harvard Boulevard as a residential type of property. The home was built in 1985 and is 39 years old. The property's lot size has been calculated to be 23,275 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 60 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 60 full bathrooms. There are also 60 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 742 South Harvard Boulevard has a total of 30,498 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. 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 - A. Residents rely on air conditioning for their cooling system. The property was last sold in Dec 10, 2018 for $13,200,000. That's $432.82 per sqft. 742 South Harvard Boulevard was last assessed in 2023. The total value of the property was assessed at $13,402,524. Specifically, the land the property is located on was valued at $9,649,818. While improvements on the property were assessed at a total of $3,752,706. 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 $156,994. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Bedroom Count: 60
  • Bathroom Count: 60
  • Full Bathrooms: 60
  • Partial Bathrooms: 60
  • Building Quality: A
  • Construction Type: Wood
  • Living Units: 30
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 23,275
  • Total Building Area: 30,498
  • Gross Building Area: 30,498
  • Building Area: 30,498
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 30,498
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WILSHIRE HARVARD HEIGHTS
  • Land Acres: 0.534
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Personal property general
  • Legal Description 1: M B 8-113 (EX OF ST) LOTS 119,120 AND 121 AND S 25 FT (EX OF ST) OF LOT 122

Ownership

  • Current Owner : LIMITED CALIFORNIA PROPERTIES LLC
  • Previous Owner : AHN HARRY H
  • Previous Owner 2: AHN FAMILY TRUST
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 212410

Zoning

  • Zoning: LAR3

Geography

  • Assessors Map Reference: 43-E2
  • Parcel: 5093-021-029
  • Block: 8
  • Lot: 119,1
  • Municipality: WEST /KOREA TOWN
  • Latitude: 34.0586
  • Longitude: -118.304

    Address

  • Full Address: 742 S Harvard Blvd
  • Address - House Number: 742
  • Street Direction: S
  • Address - Street Name: Harvard
  • Address - Suffix Type: Blvd
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C049
  • 4-Digit Zip Code: 2557
  • Zip Code: 90005

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $156,994
  • Tax Rate Code Area: 06-657

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $7,200,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Jul 12, 2022
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $7,200,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $13,402,524
  • Assessed Land Value: $9,649,818
  • Assessed Improvements Value: $3,752,706

    Sales

  • Current Sale Contract Date: Dec 10, 2018
  • Current Sale Recording Date: Dec 21, 2018
  • Current Sale Transaction ID: 11551554361
  • Current Sale Price: $13,200,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 18-1297057

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Dec 21, 2018
  • First Mortgage Loan Amount: $6,525,000
  • First Mortgage Loan Type: Commercial

About Central LA



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Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath
Unit for rent at

$1,345 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 742 South Harvard Boulevard located in?
The 742 South Harvard Boulevard is a located in the neighborhood of Wilshire Center - Koreatown in Central LA, Los Angeles.
What is the average sales price for listings in 742 South Harvard Boulevard?
The average sales price for units in 742 South Harvard Boulevard is $0 currently.

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