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7718 Emerson Avenue

7718 Emerson Avenue, Los Angeles, CA 90045
Property in Westchester
Sold Dec 26, 2017
$392,590
$750,000 by Broker Solutions Inc
Mortgage Due Sep 01, 2050
Sold Apr 17, 2009
$821,000
$320,700 by Bank Of America Na
Mortgage Due May 01, 2039
7718 Emerson Avenue in Los Angeles, CA was first built in 1948 and is 76 years old. Although, the building on the property was most recently renovated and altered in 1970. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 6 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 7718 Emerson Avenue has 1,537 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. The linear feet across the front of the lot is 520 ft and the linear feet between the front and back of the lot is 1,080. In total, the area measurement of the land is 5,615 square feet.

Learn more about the property and building on this page. The home has a hip style roof made of composition shingle. There is one available parking space. 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 D. The exterior walls of the home are made of stucco. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 7718 Emerson Avenue sold most recently in Nov 20, 2017 for a total of $392,590. If you work out the math, that's approximately a cost of $255.43 per sqft. Before that, the property was also sold for $821,000 in Mar 11, 2009. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $12,986 in taxes each year. 7718 Emerson Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,110,625. If we break it down further, the land itself was valued at $705,035. Improvements to the property, however, were assessed at a total of $405,590. The property's total assessed value has been marked as more than the total market value which is pretty atypical. 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.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: 1948
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: D
  • 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
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,615
  • Lot Size Depth Feet: 1,080
  • Lot Size Frontage Feet: 520
  • Total Building Area: 1,537
  • Building Area: 1,537
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,537
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 1384
  • Land Acres: 0.129
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 1384O LOT/SEC 243

Ownership

  • Current Owner : MUNOZ REVOCABLE TRUST
  • Previous Owner : RANULFO J CORNEJO REVOCABLE TRUST
  • Owner Before Previous Owner: PERTTULA JOSHUA M
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 277000

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 50-B6
  • Subdivision Tract Number: 1384
  • Parcel: 4109-024-012
  • Lot: 243
  • Municipality: WEST /WESTCHESTER
  • Latitude: 33.971
  • Longitude: -118.407

    Address

  • Full Address: 7718 Emerson Ave
  • Address - House Number: 7718
  • Address - Street Name: Emerson
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C096
  • 4-Digit Zip Code: 1117
  • Zip Code: 90045

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,986
  • Tax Rate Code Area: 00-068

    Appraisal Valuation

  • Standard Deviation: 0.2249
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 68
  • Final Value: 1,844,937
  • High Value: 2,260,007
  • Low Value: 1,429,867

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $750,000
  • First Open Lien Mortgage Lender: BROKER SOLUTIONS INC
  • First Open Lien Mortgage Recording Date: Aug 25, 2020
  • First Open Lien Mortgage Loan Amount: $750,000
  • 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: Sep 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,110,625
  • Assessed Land Value: $705,035
  • Assessed Improvements Value: $405,590

    Sales

  • Current Sale Contract Date: Nov 20, 2017
  • Current Sale Recording Date: Dec 26, 2017
  • Current Sale Transaction ID: 11340441603
  • Current Sale Price: $392,590
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 17-1497999
  • Previous Sale Recording Date: Apr 17, 2009
  • Previous Sale Contract Date: Mar 11, 2009
  • Previous Sale Amount: $821,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Dec 26, 2017
  • First Mortgage Loan Amount: $712,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jan 01, 2048

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Apr 17, 2009
  • Previous Mortgage Loan Amount: $320,700
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: May 01, 2039

About West Los Angeles



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Frequently Asked Questions

What neighborhood is 7718 Emerson Avenue located in?
The 7718 Emerson Avenue is a located in the neighborhood of Westchester in West Los Angeles, Los Angeles.
What is the average sales price for listings in 7718 Emerson Avenue?
The average sales price for units in 7718 Emerson Avenue is $0 currently.

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