Check Availability

768 East 43rd Place

768 East 43rd Place, Los Angeles, CA 90011
Property in South LA
Sold Oct 06, 2009
$230,000
Buyer
Seller
$266,100 by Rate Plus Inc
Mortgage Due Mar 01, 2051
Sold Jun 01, 2009
$526,681
768 East 43rd Place 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 1940 and is 84 years old. The home has a total of 4 bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. In addition, 768 East 43rd Place has 2,255 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 5,104 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a quadplex 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 B by the local assessor. The inside of the home is being cooled with air conditioning at the moment. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 768 East 43rd Place sold most recently in Aug 13, 2009 for a total of $230,000. If you work out the math, that's approximately a cost of $102.00 per sqft. Before that, the property was also sold for $526,681 in May 27, 2009. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $3,688 in taxes each year. 768 East 43rd Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $285,347. If we break it down further, the land itself was valued at $61,532. Improvements to the property, however, were assessed at a total of $223,815. The property's total assessed value has been marked as more than the total market value which is pretty atypical. 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!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 2
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Quadplex
  • Living Units: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,104
  • Total Building Area: 2,255
  • Gross Building Area: 2,255
  • Building Area: 2,255
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 2,255
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 4547
  • Land Acres: 0.117
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • Legal Description 1: TRACT NO 4547 LOT/SEC 25

Ownership

  • Current Owner : ORLOV LEONID
  • Previous Owner : CITIBANK NA
  • Owner Before Previous Owner: HERNANDEZ MIGUEL ALVAREZ
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 228600

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 52-C2
  • Subdivision Tract Number: 4547
  • Parcel: 5115-012-007
  • Lot: 25
  • Municipality: SOUTH /L.A./FLORENCE
  • Latitude: 34.0045
  • Longitude: -118.262

    Address

  • Full Address: 768 E 43rd Pl
  • Address - House Number: 768
  • Street Direction: E
  • Address - Street Name: 43rd
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C034
  • 4-Digit Zip Code: 3504
  • Zip Code: 90011

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,688
  • Tax Rate Code Area: 00-007

    Appraisal Valuation

  • Standard Deviation: 0.2446
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 65
  • Final Value: 682,946
  • High Value: 850,046
  • Low Value: 515,847

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $532,200
  • First Open Lien Mortgage Lender: RATE PLUS INC
  • First Open Lien Mortgage Recording Date: Mar 03, 2021
  • First Open Lien Mortgage Loan Amount: $266,100
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2051
  • Second Open Lien Mortgage Lender: RATE PLUS INC
  • Second Open Lien Mortgage Recording Date: Aug 06, 2021
  • Second Open Lien Mortgage Loan Amount: $266,100
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Mar 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $285,347
  • Assessed Land Value: $61,532
  • Assessed Improvements Value: $223,815

    Sales

  • Current Sale Contract Date: Aug 13, 2009
  • Current Sale Recording Date: Oct 06, 2009
  • Current Sale Transaction ID: 1032509306
  • Current Sale Price: $230,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 09-1518917
  • Previous Sale Recording Date: Jun 01, 2009
  • Previous Sale Contract Date: May 27, 2009
  • Previous Sale Amount: $526,681
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Oct 06, 2009
  • First Mortgage Loan Amount: $172,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2039

About South LA



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 1855 Industrial St, Los Angeles, CA, 90021

$4,500 /mo

  • 2 Beds
  • 1 Bath
  • 1,598 ft²
1855 Industrial St #406, Los Angeles, CA, 90021 Listing by Anh Tran
Unit for rent at 652 Mateo St, Los Angeles, CA, 90021

$3,800 /mo

  • 1 Bed
  • 1 Bath
  • 1,550 ft²
652 Mateo St #202, Los Angeles, CA, 90021 Listing by David Lukan
Unit for rent at 1850 Industrial St, Los Angeles, CA, 90021

$4,195 /mo

  • 1 Bed
  • 1.5 Baths
  • 1,189 ft²
1850 Industrial St #204, Los Angeles, CA, 90021 Listing by Frank Bruno
Unit for rent at 171 47th Pl, Los Angeles, CA, 90037

$1,395 /mo

  • Studio
  • 1 Bath
171 47th Pl, Los Angeles, CA, 90037 Listing by George Morales
Unit for rent at 1002 E 33rd St, Los Angeles, CA, 90011

$3,199 /mo

  • 3 Beds
  • 3 Baths
  • 1,400 ft²
1002 E 33rd St #2, Los Angeles, CA, 90011 Listing by Mark Farhad Yusupov
Unit for rent at 842 W Gage Ave, Los Angeles, CA, 90044

$3,400 /mo

  • 3 Beds
  • 2 Baths
  • 1,046 ft²
842 W Gage Ave, Los Angeles, CA, 90044 Listing by Dylan Ellis
Unit for rent at 3722 Wall St, LOS ANGELES, CA, 90011

$2,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,151 ft²
3722 Wall St, LOS ANGELES, CA, 90011 Listing by Dae Young Hur

Frequently Asked Questions

What neighborhood is 768 East 43rd Place located in?
The 768 East 43rd Place is a located in the neighborhood of South LA in South LA, Los Angeles.
What is the average sales price for listings in 768 East 43rd Place?
The average sales price for units in 768 East 43rd Place is $0 currently.

Quantcast