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806 Merwin Street

806 Merwin Street, Los Angeles, CA 90026
Sold Apr 01, 2015
$1,090,000
$698,099 by Better Mortgage Corporation
Mortgage Due Apr 01, 2051
Sold Aug 09, 2012
$200,002
806 Merwin Street 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 1926 and is 98 years old. The home has a total of 4 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. In addition, 806 Merwin Street has 3,780 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 3,998 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a triplex 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. The inside of the home is being cooled with air conditioning at the moment. 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, 806 Merwin Street was last sold in Feb 20, 2015 for $1,090,000. According to our calculations, that's $288.36 per sqft. Prior to that sales transaction, the property was sold for $200,002 in Aug 3, 2012. Current property owners are expected to pay $14,836 in taxes per year. The property on 806 Merwin Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,259,140. To break that down further, the land itself was valued at $924,142. While improvements to the property were assessed at a total of $334,998. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Triplex
  • Living Units: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,998
  • Total Building Area: 3,780
  • Gross Building Area: 3,780
  • Building Area: 3,780
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 3,780
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 1863
  • Land Acres: 0.092
  • Standard Land Use Code: Triplex (3 units, any combination)
  • Legal Description 1: TRACT # 1863 NE 50 FT OF SW 100 FT OF LOTS 1 AND LOT/SEC 2

Ownership

  • Current Owner : CHEUNG TSANG
  • Current Owner 2: LIU STELLA SIN MAY
  • Previous Owner : GARCIA JUAN CARLOS
  • Previous Owner 2: RODRIQUEZ SANDRA V
  • Owner Before Previous Owner: WOO CHADWICK
  • Owner Before Previous Owner 2: WOO GLORIA F
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 195710

Zoning

  • Zoning: LARD2

Geography

  • Assessors Map Reference: 35-B6
  • Subdivision Tract Number: 1863
  • Parcel: 5402-021-034
  • Lot: 1
  • Municipality: EAST /LA SILVER LAKE
  • Latitude: 34.0766
  • Longitude: -118.27

    Address

  • Full Address: 806 Merwin St
  • Address - House Number: 806
  • Address - Street Name: Merwin
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C027
  • 4-Digit Zip Code: 7215
  • Zip Code: 90026

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,836
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.2358
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 67
  • Final Value: 1,758,735
  • High Value: 2,173,475
  • Low Value: 1,343,995

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $698,099
  • First Open Lien Mortgage Lender: BETTER MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Apr 26, 2021
  • First Open Lien Mortgage Loan Amount: $698,099
  • 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: Apr 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,259,140
  • Assessed Land Value: $924,142
  • Assessed Improvements Value: $334,998

    Sales

  • Current Sale Contract Date: Feb 20, 2015
  • Current Sale Recording Date: Apr 01, 2015
  • Current Sale Transaction ID: 1034963720
  • Current Sale Price: $1,090,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 15-0357432
  • Previous Sale Recording Date: Aug 09, 2012
  • Previous Sale Contract Date: Aug 03, 2012
  • Previous Sale Amount: $200,002
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CASHCALL INC
  • First Mortgage Transaction Date: Apr 01, 2015
  • First Mortgage Loan Amount: $763,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2045

About East LA



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Frequently Asked Questions

What neighborhood is 806 Merwin Street located in?
The 806 Merwin Street is a located in the neighborhood of Greater Echo Park Elysian in East LA, Los Angeles.
What is the average sales price for listings in 806 Merwin Street?
The average sales price for units in 806 Merwin Street is $0 currently.

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