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854 East 55th Street

854 East 55th Street, Los Angeles, CA 90011
Property in South LA
Sold Jul 14, 2015
$420,000
$252,000 by South Pacific Financial Corp
Mortgage Due Aug 01, 2045
Sold Oct 16, 2013
$265,000
$211,600 by Anchor Loans Inc
Mortgage
854 East 55th Street in Los Angeles, CA was first built in 1920 and is 104 years old. Although, the building on the property was most recently renovated and altered in 1942. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. It is a single story home. There are a total of 8 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 854 East 55th Street has 2,320 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. In total, the area measurement of the land is 8,147 square feet.

Learn more about the property and building on this page. The roof of the home is made of tile. There are a total of 2 available parking spaces. 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 B. The condition of the building has been evaluated as average. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. The property was last sold in Jul 7, 2015 for $420,000. That's $181.03 per sqft. Prior to that sales transaction, the property was also sold in Sep 27, 2013 for $265,000. 854 East 55th Street was last assessed in 2023. The total value of the property was assessed at $477,884. Specifically, the land the property is located on was valued at $364,103. While improvements on the property were assessed at a total of $113,781. 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 $5,946. 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. 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.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1942
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 6
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Duplex
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,147
  • Total Building Area: 2,320
  • Gross Building Area: 2,320
  • Building Area: 2,320
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,320
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LUTES SUBDIVISION
  • Land Acres: 0.187
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: *TR=C LUTES SUBDIVISION*(EX OF ST) LOT 1 AND ALL OF LOT/SEC 2 BLK/DIV/TWN A

Ownership

  • Current Owner : LOPEZ DAVID MARTINEZ
  • Current Owner 2: DEMARTINEZ MARTHA RAMOS
  • Previous Owner : INVICTUS DEVELOPMENT INC
  • Owner Before Previous Owner: AH CAPITAL LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 229420

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 52-C3
  • Subdivision Tract Number: C
  • Parcel: 5103-018-029
  • Block: A
  • Lot: 1
  • Municipality: SOUTH /L.A./FLORENCE
  • Latitude: 33.9923
  • Longitude: -118.261

    Address

  • Full Address: 854 E 55th St
  • Address - House Number: 854
  • Street Direction: E
  • Address - Street Name: 55th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C046
  • 4-Digit Zip Code: 5208
  • Zip Code: 90011

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,946
  • Tax Rate Code Area: 00-007

    Appraisal Valuation

  • Standard Deviation: 0.2253
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 725,382
  • High Value: 888,812
  • Low Value: 561,952

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $252,000
  • First Open Lien Mortgage Lender: SOUTH PACIFIC FINANCIAL CORP
  • First Open Lien Mortgage Recording Date: Jul 14, 2015
  • First Open Lien Mortgage Loan Amount: $252,000
  • 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: Aug 01, 2045

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $477,884
  • Assessed Land Value: $364,103
  • Assessed Improvements Value: $113,781

    Sales

  • Current Sale Contract Date: Jul 07, 2015
  • Current Sale Recording Date: Jul 14, 2015
  • Current Sale Transaction ID: 1222340719
  • Current Sale Price: $420,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 15-0844748
  • Previous Sale Recording Date: Oct 16, 2013
  • Previous Sale Contract Date: Sep 27, 2013
  • Previous Sale Amount: $265,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: SOUTH PACIFIC FINANCIAL CORP
  • First Mortgage Transaction Date: Jul 14, 2015
  • First Mortgage Loan Amount: $252,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2045

    Previous Mortgages

  • Previous Mortgage Lender: ANCHOR LOANS INC
  • Previous Mortgage Transaction Date: Oct 16, 2013
  • Previous Mortgage Loan Amount: $211,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About South LA



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Frequently Asked Questions

What neighborhood is 854 East 55th Street located in?
The 854 East 55th Street is a located in the neighborhood of South LA in South LA, Los Angeles.
What is the average sales price for listings in 854 East 55th Street?
The average sales price for units in 854 East 55th Street is $0 currently.

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