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8224 Reading Avenue

8224 Reading Avenue, Los Angeles, CA 90045
House in Westchester
Sold Sep 03, 2020
$1,088,000
$765,000 by General Mortgage Capital Corp
Mortgage Due Oct 01, 2050
Sold Jun 05, 2020
$735,000
$650,000 by Louie Pullen
Mortgage
8224 Reading Avenue in Los Angeles, CA was first built in 1946 and is 78 years old. Although, the building on the property was most recently renovated and altered in 1950. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 8224 Reading Avenue has 936 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 660 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 6,663 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of composition shingle. For those who need parking, there is a attached garage. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of stucco. As for heating, the home is utilizing floor/wall heating system. 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, 8224 Reading Avenue was last sold in Aug 3, 2020 for $1,088,000. According to our calculations, that's $1,162.39 per sqft. Prior to that sales transaction, the property was sold for $735,000 in May 14, 2020. Current property owners are expected to pay $13,227 in taxes per year. The property on 8224 Reading Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,131,955. To break that down further, the land itself was valued at $905,564. While improvements to the property were assessed at a total of $226,391. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Features

Exterior

Stucco Exterior

Driveway

Driveway

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,663
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 660
  • Total Building Area: 936
  • Building Area: 936
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 936
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 13605
  • Land Acres: 0.153
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 13605 LOT/SEC 122

Ownership

  • Current Owner : LIN JEFFREY C
  • Current Owner 2: LIN MICHELLE
  • Previous Owner : KPA COMPASS LLC
  • Owner Before Previous Owner: TUMBLIN ANITA
  • Owner Before Previous Owner 2: LARRANAGA LAWRENCE G
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 277100

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 56-D1
  • Subdivision Tract Number: 13605
  • Parcel: 4105-026-021
  • Lot: 122
  • Municipality: WEST /WESTCHESTER
  • Latitude: 33.9637
  • Longitude: -118.382

    Address

  • Full Address: 8224 Reading Ave
  • Address - House Number: 8224
  • Address - Street Name: Reading
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C041
  • 4-Digit Zip Code: 4351
  • Zip Code: 90045

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,227
  • Tax Rate Code Area: 00-068

    Appraisal Valuation

  • Standard Deviation: 0.2181
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 70
  • Final Value: 1,309,565
  • High Value: 1,595,235
  • Low Value: 1,023,896

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $765,000
  • First Open Lien Mortgage Lender: GENERAL MORTGAGE CAPITAL CORP
  • First Open Lien Mortgage Recording Date: Sep 03, 2020
  • First Open Lien Mortgage Loan Amount: $765,000
  • 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: Oct 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,131,955
  • Assessed Land Value: $905,564
  • Assessed Improvements Value: $226,391

    Sales

  • Current Sale Contract Date: Aug 03, 2020
  • Current Sale Recording Date: Sep 03, 2020
  • Current Sale Transaction ID: 11784964216
  • Current Sale Price: $1,088,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-1048162
  • Previous Sale Recording Date: Jun 05, 2020
  • Previous Sale Contract Date: May 14, 2020
  • Previous Sale Amount: $735,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: GENERAL MORTGAGE CAPITAL CORP
  • First Mortgage Transaction Date: Sep 03, 2020
  • First Mortgage Loan Amount: $765,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: LOUIE PULLEN
  • Previous Mortgage Transaction Date: Jun 05, 2020
  • Previous Mortgage Loan Amount: $650,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About West Los Angeles



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6472 W 80th St, Los Angeles, CA, 90045 Listing by Judy-Lynne Deane

Frequently Asked Questions

What neighborhood is 8224 Reading Avenue located in?
The 8224 Reading Avenue is a house located in the neighborhood of Westchester in West Los Angeles, Los Angeles.
What is the average sales price for listings in 8224 Reading Avenue?
The average sales price for units in 8224 Reading Avenue is $0 currently.

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