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9234 Pace Avenue

9234 Pace Avenue, Los Angeles, CA 90002
Property in Florence-Graham
Sold Oct 24, 2003
$92,000
$280,000 by 5th Street Capital Inc
Mortgage Due Nov 01, 2051
9234 Pace 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 1926 and is 98 years old. However, we must point out that the home was most recently renovated and altered in 1927. The home has a total of 5 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 9234 Pace Avenue has 1,814 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 1,200 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 4,552 square feet.

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. In terms of heating, it is utilizing floor/wall heating 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, 9234 Pace Avenue sold most recently in Oct 22, 2003 for a total of $92,000. If you work out the math, that's approximately a cost of $50.72 per sqft. 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 $6,774 in taxes each year. 9234 Pace Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $471,300. If we break it down further, the land itself was valued at $350,614. Improvements to the property, however, were assessed at a total of $120,686. The property's total assessed value has been marked as more than the total market value 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.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1927
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,552
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,814
  • Building Area: 1,814
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,814
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 6384
  • Land Acres: 0.105
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 6384 LOT/SEC 184

Ownership

  • Current Owner : SEVEN STEPS INVESTMENTS INC
  • Previous Owner : ETERNAL TENTH WORLD LIGHT ASSOCIATES LP
  • Ownership Rights Codes: Single/unmarried man

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 535200

Zoning

  • Zoning: LCR2YY

Geography

  • Assessors Map Reference: 58-D2
  • Subdivision Tract Number: 6384
  • Parcel: 6049-005-026
  • Lot: 184
  • Municipality: SOUTH /WATTS SFR
  • Latitude: 33.9523
  • Longitude: -118.253

    Address

  • Full Address: 9234 Pace Ave
  • Address - House Number: 9234
  • Address - Street Name: Pace
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C053
  • 4-Digit Zip Code: 2109
  • Zip Code: 90002

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,774
  • Tax Rate Code Area: 01-160

    Appraisal Valuation

  • Standard Deviation: 0.2301
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 633,252
  • High Value: 778,971
  • Low Value: 487,533

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $280,000
  • First Open Lien Mortgage Lender: 5TH STREET CAPITAL INC
  • First Open Lien Mortgage Recording Date: Oct 21, 2021
  • First Open Lien Mortgage Loan Amount: $280,000
  • 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: Nov 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $471,300
  • Assessed Land Value: $350,614
  • Assessed Improvements Value: $120,686

    Sales

  • Current Sale Contract Date: Oct 22, 2003
  • Current Sale Recording Date: Oct 24, 2003
  • Current Sale Transaction ID: 1032089942
  • Current Sale Price: $92,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 03-3194393

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Frequently Asked Questions

What neighborhood is 9234 Pace Avenue located in?
The 9234 Pace Avenue is a located in the neighborhood of Florence-Graham in Florence-Graham, Los Angeles.
What is the average sales price for listings in 9234 Pace Avenue?
The average sales price for units in 9234 Pace Avenue is $0 currently.

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