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7711 South Broadway has been categorized by the local assessors in Los Angeles, CA as a commercial type of property.
The building on the property was first built in 1925 and is 99 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.
This is a single story building so stairs are not necessary to access other parts of the home.
In addition, 7711 South Broadway has 3,448 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 6,416 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. We know that this is 4 code building. This code stands for "buildings that have wood or wood and steel frames.". 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 D by the local assessor. The inside of the home is being cooled with no air conditioning at the moment. The property was last sold in Jul 31, 2019 for $790,000. That's $229.12 per sqft. Prior to that sales transaction, the property was also sold in May 31, 2019 for $600,000. 7711 South Broadway was last assessed in 2023. The total value of the property was assessed at $725,310. Specifically, the land the property is located on was valued at $504,564. While improvements on the property were assessed at a total of $220,746. 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 $8,920. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We know that this is 4 code building. This code stands for "buildings that have wood or wood and steel frames.". 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 D by the local assessor. The inside of the home is being cooled with no air conditioning at the moment. The property was last sold in Jul 31, 2019 for $790,000. That's $229.12 per sqft. Prior to that sales transaction, the property was also sold in May 31, 2019 for $600,000. 7711 South Broadway was last assessed in 2023. The total value of the property was assessed at $725,310. Specifically, the land the property is located on was valued at $504,564. While improvements on the property were assessed at a total of $220,746. 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 $8,920. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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.
Building Features
Exterior
Stucco Exterior
This property description is generated based on publicly available data.
7711 South Broadway, Los Angeles, CA 90003
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