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987 Schumacher Drive

987 Schumacher Drive, Los Angeles, CA 90048
Property in Mid-City West
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Local assessors in Los Angeles, CA have categorized 987 Schumacher Drive as a residential type of property. The home was built in 1946 and is 78 years old. It was most recently renovated and altered in 1954. The property's lot size has been calculated to be 7,502 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 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 3 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 987 Schumacher Drive has a total of 1,654 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. The home sources its water from a municipal system. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 - A. The building has a hip style roof that was made of composition shingle. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $5,978 in taxes each year. 987 Schumacher Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $491,705. If we break it down further, the land itself was valued at $347,343. Improvements to the property, however, were assessed at a total of $144,362. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1946
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,502
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,654
  • Building Area: 1,654
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,654
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 5542
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 5542 LOT/SEC 453

Ownership

  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 216301

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 42-E2
  • Subdivision Tract Number: 5542
  • Parcel: 5088-001-003
  • Lot: 453
  • Municipality: WEST /PARK LABREA
  • Latitude: 34.06
  • Longitude: -118.376

    Address

  • Full Address: 987 Schumacher Dr
  • Address - House Number: 987
  • Address - Street Name: Schumacher
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C026
  • 4-Digit Zip Code: 5345
  • Zip Code: 90048

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,978
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2293
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 68
  • Final Value: 1,812,996
  • High Value: 2,228,865
  • Low Value: 1,397,128

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $491,705
  • Assessed Land Value: $347,343
  • Assessed Improvements Value: $144,362

About Central LA



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Frequently Asked Questions

What neighborhood is 987 Schumacher Drive located in?
The 987 Schumacher Drive is a located in the neighborhood of Mid-City West in Central LA, Los Angeles.
What is the average sales price for listings in 987 Schumacher Drive?
The average sales price for units in 987 Schumacher Drive is $0 currently.

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