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10527 Otis Street

10527 Otis Street, South Gate, CA 90280
Property in South Gate
Refi Nov 17, 2005
Transfer
$200,000 by New Century Mortgage Corp
Mortgage Due Dec 01, 2035
10527 Otis Street has been categorized by the local assessors in South Gate, CA as a residential type of property. The building on the property was first built in 1940 and is 84 years old. However, we must point out that the home was most recently renovated and altered in 1959. The home has a total of 9 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 10527 Otis Street has 1,785 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 1,280 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 6,393 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as good. 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. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing floor/wall heating system. Finally, the property is currently sourcing its water from a municipal 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. Tax-wise, the current owner is expected to pay close to $3,632 in taxes each year. 10527 Otis Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $270,417. If we break it down further, the land itself was valued at $119,200. Improvements to the property, however, were assessed at a total of $151,217. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1940
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • 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: 6,393
  • Lot Size Depth Feet: 1,280
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,785
  • Building Area: 1,785
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,785
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 6557
  • Land Acres: 0.147
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 6557 EX OF ST LOT/SEC 416

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 535902

Zoning

  • Zoning: SGR3*

Geography

  • Assessors Map Reference: 59-C4
  • Subdivision Tract Number: 6557
  • Parcel: 6218-018-007
  • Lot: 416
  • Municipality: SOUTH /SOUTHGATE
  • Latitude: 33.9366
  • Longitude: -118.199

    Address

  • Full Address: 10527 Otis St
  • Address - House Number: 10527
  • Address - Street Name: Otis
  • Address - Suffix Type: St
  • State: CA
  • City Name: South Gate
  • Carrier Code: C029
  • 4-Digit Zip Code: 6723
  • Zip Code: 90280

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,632
  • Tax Rate Code Area: 00-664

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 722,832
  • High Value: 884,311
  • Low Value: 561,353

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: NEW CENTURY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Nov 17, 2005
  • First Open Lien Mortgage Loan Amount: $200,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2035

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $270,417
  • Assessed Land Value: $119,200
  • Assessed Improvements Value: $151,217

    Exemptions

  • Homeowner Exemption: Yes

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Frequently Asked Questions

What neighborhood is 10527 Otis Street located in?
The 10527 Otis Street is a located in the neighborhood of South Gate in South Gate, South Gate.
What is the average sales price for listings in 10527 Otis Street?
The average sales price for units in 10527 Otis Street is $0 currently.

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