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824 North Hicks Avenue

824 North Hicks Avenue, Los Angeles, CA 90063
Multifamily in East Los Angeles
Sold Sep 03, 2019
$945,000
$370,000 by Wells Fargo Bank Na
Mortgage Due Sep 01, 2034
Sold Mar 11, 2016
$659,000
$647,063 by New American Funding
Mortgage Due Apr 01, 2046
824 North Hicks Avenue 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 2016 and is 8 years old. The home has a total of 5 rooms. 8 of these rooms are legally considered as bedrooms. Residents will have access to 6 full bathrooms. There are 6 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, 824 North Hicks Avenue has 3,832 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,570 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 6,705 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional 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. Moving on to the building itself. The condition of the building has been evaluated as fair. 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 A by the local assessor. The building has a gable style roof made of composition shingle. In terms of heating, it is utilizing floor/wall heating system. Finally, the property is currently sourcing its water from a municipal system. 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, 824 North Hicks Avenue sold most recently in Jun 28, 2019 for a total of $945,000. If you work out the math, that's approximately a cost of $246.61 per sqft. Before that, the property was also sold for $659,000 in Jan 22, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $12,492 in taxes each year. 824 North Hicks Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $993,360. If we break it down further, the land itself was valued at $541,355. Improvements to the property, however, were assessed at a total of $452,005. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Features

Parking

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

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 8
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Condition: Fair
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,705
  • Lot Size Depth Feet: 1,570
  • Lot Size Frontage Feet: 500
  • Total Building Area: 3,832
  • Gross Building Area: 3,832
  • Building Area: 3,832
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 3,832
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: JANSS TR
  • Land Acres: 0.154
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: JANSS TRACT LOT/SEC 4 BLK/DIV/TWN M

Ownership

  • Current Owner : FU GEORGE K
  • Current Owner 2: FU PEI G
  • Previous Owner : DANIS OCTAVIO
  • Previous Owner 2: DANIS ADRIANA RINCON DE
  • Owner Before Previous Owner: LAJOMA CORPORATION INC
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 530901

Zoning

  • Zoning: LCR2*

Geography

  • Assessors Map Reference: 45-C4
  • Parcel: 5231-013-005
  • Block: M
  • Lot: 4
  • Municipality: EAST /EAST L.A.
  • Latitude: 34.0455
  • Longitude: -118.191

    Address

  • Full Address: 824 N Hicks Ave
  • Address - House Number: 824
  • Street Direction: N
  • Address - Street Name: Hicks
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C003
  • 4-Digit Zip Code: 4015
  • Zip Code: 90063

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,492
  • Tax Rate Code Area: 00-932

    Appraisal Valuation

  • Standard Deviation: 0.2398
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 66
  • Final Value: 1,193,005
  • High Value: 1,479,205
  • Low Value: 906,805

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $370,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Sep 03, 2019
  • First Open Lien Mortgage Loan Amount: $370,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2034

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $993,360
  • Assessed Land Value: $541,355
  • Assessed Improvements Value: $452,005

    Sales

  • Current Sale Contract Date: Jun 28, 2019
  • Current Sale Recording Date: Sep 03, 2019
  • Current Sale Transaction ID: 11644384167
  • Current Sale Price: $945,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 19-0896186
  • Previous Sale Recording Date: Mar 11, 2016
  • Previous Sale Contract Date: Jan 22, 2016
  • Previous Sale Amount: $659,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Sep 03, 2019
  • First Mortgage Loan Amount: $370,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2034

    Previous Mortgages

  • Previous Mortgage Lender: NEW AMERICAN FUNDING
  • Previous Mortgage Transaction Date: Mar 11, 2016
  • Previous Mortgage Loan Amount: $647,063
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Apr 01, 2046

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Frequently Asked Questions

What neighborhood is 824 North Hicks Avenue located in?
The 824 North Hicks Avenue is a multifamily located in the neighborhood of East Los Angeles in East Los Angeles, Los Angeles.
What is the average sales price for listings in 824 North Hicks Avenue?
The average sales price for units in 824 North Hicks Avenue is $0 currently.

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