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1406 West 71st Street

1406 West 71st Street, Los Angeles, CA 90047
Sold Apr 03, 2017
$535,000
$306,000 by Bank Of The West
Mortgage Due Apr 01, 2047
Sold Aug 07, 2015
$489,000
$339,900 by Stearns Lending Llc
Mortgage Due Aug 01, 2045
Local assessors in Los Angeles, CA have categorized 1406 West 71st Street as a residential type of property. The home was built in 1922 and is 102 years old. The property's lot size has been calculated to be 6,390 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a triplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 5 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. If we look only at the heated or air conditioned part of the building, then 1406 West 71st Street has a total of 2,059 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. 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 - C. Residents rely on air conditioning for their cooling system. The home's floor/wall heating system is the primary heating source. The property was last sold in Feb 7, 2017 for $535,000. That's $259.83 per sqft. Prior to that sales transaction, the property was also sold in Jul 21, 2015 for $489,000. 1406 West 71st Street was last assessed in 2023. The total value of the property was assessed at $596,800. Specifically, the land the property is located on was valued at $435,051. While improvements on the property were assessed at a total of $161,749. 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 $7,284. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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: 1922
  • Effective Year Built: 1922
  • Building Count: 2
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Triplex
  • Living Units: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,390
  • Total Building Area: 2,059
  • Building Area: 2,059
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Floor/wall
  • Heated Square Feet: 2,059
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 4580
  • Land Acres: 0.147
  • Standard Land Use Code: Triplex (3 units, any combination)
  • Legal Description 1: TRACT # 4580 LOT 271 AND LOT COM AT NW COR OF LOT 272 TH S ON W LINE OF SD LOT 107 FT TH E ON S LINE OF SD LOT TO A LINE PARALLEL WITH AND DIST W AT R/A 20 FT FROM E LINE OF SD LOT TH N ON SD LOT/SEC 272

Ownership

  • Current Owner : ROPERIA JITENDER S
  • Current Owner 2: ROPERIA SANTOSH
  • Previous Owner : ORTIZ MARCO
  • Owner Before Previous Owner: EAGLE VISTA EQUITIES LLC
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 237402

Zoning

  • Zoning: LAR3

Geography

  • Assessors Map Reference: 51-E5
  • Subdivision Tract Number: 4580
  • Parcel: 6015-033-033
  • Lot: 271,2
  • Municipality: WEST /HYDE PARK
  • Latitude: 33.9751
  • Longitude: -118.301

    Address

  • Full Address: 1406 W 71st St
  • Address - House Number: 1406
  • Street Direction: W
  • Address - Street Name: 71st
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C031
  • 4-Digit Zip Code: 2034
  • Zip Code: 90047

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,284
  • Tax Rate Code Area: 00-204

    Appraisal Valuation

  • Standard Deviation: 0.2263
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 812,568
  • High Value: 996,480
  • Low Value: 628,656

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $306,000
  • First Open Lien Mortgage Lender: BANK OF THE WEST
  • First Open Lien Mortgage Recording Date: Apr 03, 2017
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $306,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2047

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $596,800
  • Assessed Land Value: $435,051
  • Assessed Improvements Value: $161,749

    Sales

  • Current Sale Contract Date: Feb 07, 2017
  • Current Sale Recording Date: Apr 03, 2017
  • Current Sale Transaction ID: 1806803947
  • Current Sale Price: $535,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 17-0363305
  • Previous Sale Recording Date: Aug 07, 2015
  • Previous Sale Contract Date: Jul 21, 2015
  • Previous Sale Amount: $489,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF THE WEST
  • First Mortgage Transaction Date: Apr 03, 2017
  • First Mortgage Loan Amount: $306,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Apr 01, 2047

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: STEARNS LENDING LLC
  • Previous Mortgage Transaction Date: Aug 07, 2015
  • Previous Mortgage Loan Amount: $339,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2045

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Frequently Asked Questions

What neighborhood is 1406 West 71st Street located in?
The 1406 West 71st Street is a located in the neighborhood of Canterbury Knolls in South LA, Los Angeles.
What is the average sales price for listings in 1406 West 71st Street?
The average sales price for units in 1406 West 71st Street is $0 currently.

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