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7723 South Central Avenue

7723 South Central Avenue, Los Angeles, CA 90001
Property in CANNDU
Local assessors in Los Angeles, CA have categorized 7723 South Central Avenue as a commercial type of property. The home was built in 1930 and is 94 years old. The property's lot size has been calculated to be 5,500 square feet. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7723 South Central Avenue has a total of 3,282 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. 7723 South Central Avenue is a 3 code building. This code stands for "buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame". 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 masonry control joints. Residents rely on no air conditioning for their cooling system. The property was last sold in Jan 16, 2019 for $750,000. That's $228.52 per sqft. Prior to that sales transaction, the property was also sold in Oct 12, 2010 for $390,000. 7723 South Central Avenue was last assessed in 2023. The total value of the property was assessed at $706,000. Specifically, the land the property is located on was valued at $499,000. While improvements on the property were assessed at a total of $207,000. 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 $7,885. The initial tax year of delinquency was in 2020. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Bedroom Count: 0
  • Construction Type: Masonry
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,500
  • Total Building Area: 3,282
  • Gross Building Area: 3,282
  • Building Area: 3,282
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: unknown
  • Heated Square Feet: 3,282
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Exterior non-combustible materials/Interior combustible materials
  • Property Class: Commercial
  • Subdivision: 6097
  • Land Acres: 0.126
  • Standard Land Use Code: Retail/residential (mixed use)
  • Legal Description 1: TRACT NO 6097 LOT/SEC 42

Ownership

  • Current Owner : AKTER MAHAMUDA
  • Previous Owner : KIM CHAN SOO
  • Previous Owner 2: KIM YONG JA
  • Owner Before Previous Owner: THE CITY FAMILY TRUST
  • Ownership Rights Codes: Sole Owner

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 239502

Zoning

  • Zoning: LAC2

Geography

  • Assessors Map Reference: 52-C6
  • Subdivision Tract Number: 6097
  • Parcel: 6023-028-032
  • Lot: 42
  • Municipality: SOUTH /S. CENTRAL LA
  • Latitude: 33.9686
  • Longitude: -118.257

    Address

  • Full Address: 7723 S Central Ave
  • Address - House Number: 7723
  • Street Direction: S
  • Address - Street Name: Central
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C004
  • 4-Digit Zip Code: 2941
  • Zip Code: 90001

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,885
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 06-659

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,140,000
  • First Open Lien Mortgage Lender: PACIFIC CITY BANK
  • First Open Lien Mortgage Recording Date: Aug 01, 2019
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $1,140,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $706,000
  • Assessed Land Value: $499,000
  • Assessed Improvements Value: $207,000

    Sales

  • Current Sale Contract Date: Jan 16, 2019
  • Current Sale Recording Date: Aug 01, 2019
  • Current Sale Transaction ID: 11630497412
  • Current Sale Price: $750,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 19-0763403
  • Previous Sale Recording Date: Oct 14, 2010
  • Previous Sale Contract Date: Oct 12, 2010
  • Previous Sale Amount: $390,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: PACIFIC CITY BANK
  • First Mortgage Transaction Date: Aug 01, 2019
  • First Mortgage Loan Amount: $1,140,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: CENTER BANK
  • Previous Mortgage Transaction Date: Oct 14, 2010
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $585,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About South LA



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Nearby Rentals

Unit for rent at 152 W 77th St, Los Angeles, CA, 90003

$5,793 /mo

  • 6 Beds
  • 3 Baths
  • 3,718 ft²
152 W 77th St, Los Angeles, CA, 90003 Listing by Roya Rashti

Frequently Asked Questions

What neighborhood is 7723 South Central Avenue located in?
The 7723 South Central Avenue is a located in the neighborhood of CANNDU in South LA, Los Angeles.
What is the average sales price for listings in 7723 South Central Avenue?
The average sales price for units in 7723 South Central Avenue is $0 currently.

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