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2119 Cove Avenue

2119 Cove Avenue, Los Angeles, CA 90039
Sold Nov 10, 2016
$550,000
$367,500 by Skyline Financial Corp
Mortgage Due Dec 01, 2046
Sold Aug 12, 2005
$485,000
$388,000 by Bank Of America Na
Mortgage Due Sep 01, 2035
2119 Cove 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 1907 and is 117 years old. However, we must point out that the home was most recently renovated and altered in 1920. The home has a total of 2 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2119 Cove Avenue has 720 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 1,080 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 5,499 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. The property was last sold in Oct 13, 2016 for $550,000. That's $763.89 per sqft. Prior to that sales transaction, the property was also sold in Jul 22, 2005 for $485,000. 2119 Cove Avenue was last assessed in 2023. The total value of the property was assessed at $613,531. Specifically, the land the property is located on was valued at $490,827. While improvements on the property were assessed at a total of $122,704. 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 $7,165. 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. 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.

Building Info

Overview

    General

  • Year Built: 1907
  • Effective Year Built: 1920
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: B
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,499
  • Lot Size Depth Feet: 1,080
  • Lot Size Frontage Feet: 500
  • Total Building Area: 720
  • Building Area: 720
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 720
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NORTH EDENDALE TRACT
  • Land Acres: 0.126
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NORTH EDENDALE TRACT LOT/SEC 29

Ownership

  • Current Owner : FRIEDMAN JONATHAN
  • Current Owner 2: ADAMS MICHAEL
  • Previous Owner : CRANE MARY
  • Owner Before Previous Owner: BLUM ROSE B
  • Owner Before Previous Owner 2: BLUM FAMILY TRUST

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 197410

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 35-C4
  • Parcel: 5422-023-014
  • Lot: 29
  • Municipality: EAST /LA ECHO PARK
  • Latitude: 34.0929
  • Longitude: -118.255

    Address

  • Full Address: 2119 Cove Ave
  • Address - House Number: 2119
  • Address - Street Name: Cove
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C031
  • 4-Digit Zip Code: 3916
  • Zip Code: 90039

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,165
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.2217
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 69
  • Final Value: 1,145,205
  • High Value: 1,399,098
  • Low Value: 891,311

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $467,500
  • First Open Lien Mortgage Lender: SKYLINE FINANCIAL CORP
  • First Open Lien Mortgage Recording Date: Nov 10, 2016
  • First Open Lien Mortgage Loan Amount: $367,500
  • 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: Dec 01, 2046
  • Second Open Lien Mortgage Lender: MARY CRANE LIVING TRUST
  • Second Open Lien Mortgage Recording Date: Nov 14, 2016
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • Second Open Lien Mortgage Private Lender: T

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $613,531
  • Assessed Land Value: $490,827
  • Assessed Improvements Value: $122,704

    Sales

  • Current Sale Contract Date: Oct 13, 2016
  • Current Sale Recording Date: Nov 10, 2016
  • Current Sale Transaction ID: 1849195695
  • Current Sale Price: $550,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 16-1410846
  • Previous Sale Recording Date: Aug 12, 2005
  • Previous Sale Contract Date: Jul 22, 2005
  • Previous Sale Amount: $485,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: SKYLINE FINANCIAL CORP
  • First Mortgage Transaction Date: Nov 10, 2016
  • First Mortgage Loan Amount: $367,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Aug 12, 2005
  • Previous Mortgage Loan Amount: $388,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Sep 01, 2035

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Frequently Asked Questions

What neighborhood is 2119 Cove Avenue located in?
The 2119 Cove Avenue is a located in the neighborhood of Greater Echo Park Elysian in East LA, Los Angeles.
What is the average sales price for listings in 2119 Cove Avenue?
The average sales price for units in 2119 Cove Avenue is $0 currently.

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