Check Availability

1959 Cheremoya Avenue

1959 Cheremoya Avenue, Los Angeles, CA 90068
Property in Hollywood United
Sold Jul 23, 2021
$5,625,000
$3,000,000 by First Republic Bank
Mortgage
Sold Apr 08, 2003
$2,022,727
Seller
$1,250,000 by Citibank West Fsb
Mortgage Due May 01, 2018
1959 Cheremoya Avenue in Los Angeles, CA was first built in 1956 and is 68 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 16 are bedrooms. In terms of bathrooms, there are a total of 8 full bathrooms. There are 8 partial bathrooms. 1959 Cheremoya Avenue has 8,241 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. In total, the area measurement of the land is 7,464 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of tar and gravel. The garage is 760 sqft. 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 B. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. The property was last sold in Jul 13, 2021 for $5,625,000. That's $682.56 per sqft. Prior to that sales transaction, the property was also sold in Jan 24, 2003 for $2,022,727. 1959 Cheremoya Avenue was last assessed in 2023. The total value of the property was assessed at $2,868,750. Specifically, the land the property is located on was valued at $1,032,750. While improvements on the property were assessed at a total of $1,836,000. 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 $34,197. 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. 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: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Bedroom Count: 16
  • Bathroom Count: 8
  • Full Bathrooms: 8
  • Partial Bathrooms: 8
  • Building Quality: B
  • Construction Type: Wood
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Tar and gravel
  • Floor Count: 2
  • Living Units: 8
  • Basement Area: 0
  • Garage Square Area: 760
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,464
  • Total Building Area: 8,241
  • Gross Building Area: 8,241
  • Building Area: 8,241
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 8,241
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 1165
  • Land Acres: 0.171
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Personal property general
  • Legal Description 1: TRACT NO 1165 LOT/SEC 4

Ownership

  • Current Owner : GOLDMAN ANDY E
  • Current Owner 2: GOLDMAN JAN S
  • Previous Owner : WALLACE DARREN
  • Owner Before Previous Owner: SCALA TINA

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 189501

Zoning

  • Zoning: LARD1.5

Geography

  • Assessors Map Reference: 34-D2
  • Subdivision Tract Number: 1165
  • Parcel: 5586-013-014
  • Lot: 4
  • Municipality: EAST /LA LAKE HOLYWD
  • Latitude: 34.107
  • Longitude: -118.321

    Address

  • Full Address: 1959 Cheremoya Ave
  • Address - House Number: 1959
  • Address - Street Name: Cheremoya
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C060
  • 4-Digit Zip Code: 3539
  • Zip Code: 90068

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $34,197
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.2246
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 55
  • Final Value: 2,872,490
  • High Value: 3,517,835
  • Low Value: 2,227,144

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,000,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Jul 23, 2021
  • First Open Lien Mortgage Loan Amount: $3,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,868,750
  • Assessed Land Value: $1,032,750
  • Assessed Improvements Value: $1,836,000

    Sales

  • Current Sale Contract Date: Jul 13, 2021
  • Current Sale Recording Date: Jul 23, 2021
  • Current Sale Transaction ID: 11843853829
  • Current Sale Price: $5,625,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1138912
  • Previous Sale Recording Date: Apr 08, 2003
  • Previous Sale Contract Date: Jan 24, 2003
  • Previous Sale Amount: $2,022,727
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST REPUBLIC BANK
  • First Mortgage Transaction Date: Jul 23, 2021
  • First Mortgage Loan Amount: $3,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: CITIBANK WEST FSB
  • Previous Mortgage Transaction Date: Apr 08, 2003
  • Previous Mortgage Loan Amount: $1,250,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: May 01, 2018

About Central LA



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 1710 N Fuller Ave, Los Angeles, CA, 90046

$2,307 /mo

  • 1 Bed
  • 1 Bath
  • 490 ft²
1710 N Fuller Ave #1 Bedroom C, Los Angeles, CA, 90046 Listing by Equity Residential

Frequently Asked Questions

What neighborhood is 1959 Cheremoya Avenue located in?
The 1959 Cheremoya Avenue is a located in the neighborhood of Hollywood United in Central LA, Los Angeles.
What is the average sales price for listings in 1959 Cheremoya Avenue?
The average sales price for units in 1959 Cheremoya Avenue is $0 currently.

Quantcast