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870 North La Fayette Park Place

870 North La Fayette Park Place, Los Angeles, CA 90026
Multifamily in Silver Lake
870 North La Fayette Park Place 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 1909 and is 115 years old. However, we must point out that the home was most recently renovated and altered in 1915. The home has a total of 4 bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. In addition, 870 North La Fayette Park Place has 2,958 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 8,869 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a quadplex 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. 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 B by the local assessor. The inside of the home is being cooled with air conditioning at the moment. The property was last sold in Oct 31, 2018 for $975,000. That's $329.61 per sqft. Prior to that sales transaction, the property was also sold in Apr 2, 1996 for $153,000. 870 North La Fayette Park Place was last assessed in 2023. The total value of the property was assessed at $1,045,394. Specifically, the land the property is located on was valued at $750,540. While improvements on the property were assessed at a total of $294,854. 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 $12,389. 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.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20180507
05/07/2018
Studio
-
-
-
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1909
  • Effective Year Built: 1915
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Quadplex
  • Living Units: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,869
  • Total Building Area: 2,958
  • Gross Building Area: 2,958
  • Building Area: 2,958
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 2,958
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROWLAND HEIGHTS TRACT
  • Land Acres: 0.204
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • Legal Description 1: ROWLAND HEIGHTS TRACT LOT/SEC 27

Ownership

  • Current Owner : HADAYA RUSSELL
  • Current Owner 2: JONES BRAD G
  • Previous Owner : QUIROZ CARLOS S
  • Owner Before Previous Owner: BALANCIO EVANGELINA
  • Owner Before Previous Owner 2: BALANCIO JOSE
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 195804

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 35-B5
  • Parcel: 5402-003-012
  • Lot: 27
  • Municipality: EAST /LA SILVER LAKE
  • Latitude: 34.0808
  • Longitude: -118.271

    Address

  • Full Address: 870 N La Fayette Park Pl
  • Address - House Number: 870
  • Street Direction: N
  • Address - Street Name: La Fayette Park
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C057
  • 4-Digit Zip Code: 2955
  • Zip Code: 90026

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,389
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,761,181
  • High Value: 2,154,625
  • Low Value: 1,367,736

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,527,910
  • First Open Lien Mortgage Lender: BUILDER CIRCLE WAREHOUSE 1 LLC
  • First Open Lien Mortgage Recording Date: Jun 14, 2023
  • First Open Lien Mortgage Loan Amount: $3,527,910
  • First Open Lien Mortgage Term: 18
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2025

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,045,394
  • Assessed Land Value: $750,540
  • Assessed Improvements Value: $294,854

    Sales

  • Current Sale Contract Date: Oct 31, 2018
  • Current Sale Recording Date: Feb 13, 2019
  • Current Sale Transaction ID: 11570824319
  • Current Sale Price: $975,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 19-0131575
  • Previous Sale Recording Date: May 10, 1996
  • Previous Sale Contract Date: Apr 02, 1996
  • Previous Sale Amount: $153,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CARLOS S QUIROZ
  • First Mortgage Transaction Date: Feb 13, 2019
  • First Mortgage Loan Amount: $97,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Seller take-back

    Previous Mortgages

  • Previous Mortgage Lender: PACIFCI NETWORK FUNDING INC
  • Previous Mortgage Transaction Date: May 10, 1996
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $149,949
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2026

About East LA



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 870 North La Fayette Park Place located in?
The 870 North La Fayette Park Place is a multifamily located in the neighborhood of Silver Lake in East LA, Los Angeles.
What is the average sales price for listings in 870 North La Fayette Park Place?
The average sales price for units in 870 North La Fayette Park Place is $0 currently.

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