Check Availability

8240 Morton Avenue

8240 Morton Avenue, Los Angeles, CA 90001
Property in Florence-Graham
Sold Dec 23, 2020
$390,000
$476,000 by Broker Solutions Inc
Mortgage Due Feb 01, 2052
Local assessors in Los Angeles, CA have categorized 8240 Morton Avenue as a residential type of property. The home was built in 1950 and is 74 years old. The property's lot size has been calculated to be 5,920 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 8240 Morton Avenue has a total of 1,686 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. 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 wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The home's floor/wall heating system is the primary heating source. 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, 8240 Morton Avenue was last sold in Dec 17, 2020 for $390,000. According to our calculations, that's $231.32 per sqft. Current property owners are expected to pay $7,549 in taxes per year. The property on 8240 Morton Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $570,139. To break that down further, the land itself was valued at $393,271. While improvements to the property were assessed at a total of $176,868. 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. 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. 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: 1950
  • Effective Year Built: 1950
  • Building Count: 2
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,920
  • Total Building Area: 1,686
  • Building Area: 1,686
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,686
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NADEAU VILLA TRACT
  • Land Acres: 0.136
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: NADEAU PARK VILLA TRACT LOTS 29 AND LOT/SEC 30 BLK/DIV/TWN 4

Ownership

  • Current Owner : CORTEZ VERONICA
  • Current Owner 2: VIRGEN PEDRO
  • Previous Owner : CORTEZ GEORGE
  • Previous Owner 2: MARIA C CORTEZ TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 535300

Zoning

  • Zoning: LCR2*

Geography

  • Assessors Map Reference: 58-E1
  • Parcel: 6026-021-008
  • Block: 4
  • Lot: 29
  • Municipality: SOUTH /UNINC L ANGELES
  • Latitude: 33.9631
  • Longitude: -118.238

    Address

  • Full Address: 8240 Morton Ave
  • Address - House Number: 8240
  • Address - Street Name: Morton
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C056
  • 4-Digit Zip Code: 3542
  • Zip Code: 90001

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,549
  • Tax Rate Code Area: 11-983

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 714,681
  • High Value: 874,340
  • Low Value: 555,023

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $476,000
  • First Open Lien Mortgage Lender: BROKER SOLUTIONS INC
  • First Open Lien Mortgage Recording Date: Jan 31, 2022
  • First Open Lien Mortgage Loan Amount: $476,000
  • 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: Feb 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $570,139
  • Assessed Land Value: $393,271
  • Assessed Improvements Value: $176,868

    Sales

  • Current Sale Contract Date: Dec 17, 2020
  • Current Sale Recording Date: Dec 23, 2020
  • Current Sale Transaction ID: 11808803941
  • Current Sale Price: $390,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-1718230

    Last Sale Mortgage

  • First Mortgage Lender: BROKER SOLUTIONS INC
  • First Mortgage Transaction Date: Dec 23, 2020
  • First Mortgage Loan Amount: $312,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

About Florence-Graham



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 1159 E 82nd Street, Los Angeles, CA, 90001

$2,275 /mo

  • 2 Beds
  • 1 Bath
  • 775 ft²
1159 E 82nd Street, Los Angeles, CA, 90001 Listing by Pallavi Kakkar

Frequently Asked Questions

What neighborhood is 8240 Morton Avenue located in?
The 8240 Morton Avenue is a located in the neighborhood of Florence-Graham in Florence-Graham, Los Angeles.
What is the average sales price for listings in 8240 Morton Avenue?
The average sales price for units in 8240 Morton Avenue is $0 currently.

Quantcast