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861 Fedora Street

861 Fedora Street, Los Angeles, CA 90005
Sold Dec 10, 2021
$9,150,000
$96,000,000 by Tpg Re Finance 11 Ltd
Mortgage
Sold Jan 19, 2017
$7,845,000
$5,060,000 by Luther Burbank Savings
Mortgage
Local assessors in Los Angeles, CA have categorized 861 Fedora Street as a residential type of property. The home was built in 1930 and is 94 years old. The property's lot size has been calculated to be 12,150 square feet. 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, 3 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 39 full bathrooms. There are also 39 partial bathrooms. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 861 Fedora Street has a total of 24,045 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 building has a flat style roof that was made of roll composition. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a 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, 861 Fedora Street was last sold in Oct 25, 2021 for $9,150,000. According to our calculations, that's $380.54 per sqft. Prior to that sales transaction, the property was sold for $7,845,000 in Jan 12, 2017. Current property owners are expected to pay $109,998 in taxes per year. The property on 861 Fedora Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $9,333,000. To break that down further, the land itself was valued at $7,140,000. While improvements to the property were assessed at a total of $2,193,000. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 39
  • Full Bathrooms: 39
  • Partial Bathrooms: 39
  • Building Quality: B
  • Construction Type: Wood
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Flat
  • Roof Cover Type: Roll composition
  • Floor Count: 3
  • Living Units: 39
  • Basement Type: Unspecified basement
  • Basement Area: 1,284
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,150
  • Total Building Area: 24,045
  • Gross Building Area: 24,045
  • Building Area: 24,045
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 24,045
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 2140
  • Land Acres: 0.279
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Personal property general
  • Legal Description 1: TRACT # 2140 S 40 FT EX OF ST OF LOT 59 AND EX OF ST LOT/SEC 60

Ownership

  • Current Owner : 861 FEDORA LLC
  • Previous Owner : 861 FEDORA ST LLC
  • Owner Before Previous Owner: 861 FEDORA ST OWNER LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 212305

Zoning

  • Zoning: LAR4

Geography

  • Assessors Map Reference: 43-F2
  • Subdivision Tract Number: 2140
  • Parcel: 5094-017-020
  • Lot: 59
  • Municipality: WEST /KOREA TOWN
  • Latitude: 34.0561
  • Longitude: -118.298

    Address

  • Full Address: 861 Fedora St
  • Address - House Number: 861
  • Address - Street Name: Fedora
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C014
  • 4-Digit Zip Code: 2162
  • Zip Code: 90005

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $109,998
  • Tax Rate Code Area: 06-657

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $96,000,000
  • First Open Lien Mortgage Lender: TPG RE FINANCE 11 LTD
  • First Open Lien Mortgage Recording Date: Dec 10, 2021
  • First Open Lien Mortgage Loan Amount: $96,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $9,333,000
  • Assessed Land Value: $7,140,000
  • Assessed Improvements Value: $2,193,000

    Sales

  • Current Sale Contract Date: Oct 25, 2021
  • Current Sale Recording Date: Dec 10, 2021
  • Current Sale Transaction ID: 11873518949
  • Current Sale Price: $9,150,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1842923
  • Previous Sale Recording Date: Jan 19, 2017
  • Previous Sale Contract Date: Jan 12, 2017
  • Previous Sale Amount: $7,845,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: TPG RE FINANCE 11 LTD
  • First Mortgage Transaction Date: Dec 10, 2021
  • First Mortgage Loan Amount: $96,000,000
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: LUTHER BURBANK SAVINGS
  • Previous Mortgage Transaction Date: Jan 19, 2017
  • Previous Mortgage Loan Amount: $5,060,000
  • Previous Mortgage Loan Type: Commercial

About Central LA



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Frequently Asked Questions

What neighborhood is 861 Fedora Street located in?
The 861 Fedora Street is a located in the neighborhood of Wilshire Center - Koreatown in Central LA, Los Angeles.
What is the average sales price for listings in 861 Fedora Street?
The average sales price for units in 861 Fedora Street is $0 currently.

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