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508 West 60th Street

508 West 60th Street, Los Angeles, CA 90044
Property in Voices of 90037
Sold Jun 26, 2003
$190,000
$144,309 by Jpmorgan Chase Bank Na
Mortgage Due Dec 01, 2043
Sold Feb 11, 2003
$142,000
508 West 60th Street 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 1910 and is 114 years old. However, we must point out that the home was most recently renovated and altered in 1931. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. In addition, 508 West 60th Street has 1,707 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,068 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 508 West 60th Street was last sold in May 7, 2003 for $190,000. According to our calculations, that's $111.31 per sqft. Prior to that sales transaction, the property was sold for $142,000 in Jan 13, 2003. Current property owners are expected to pay $3,903 in taxes per year. The property on 508 West 60th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $319,151. To break that down further, the land itself was valued at $139,198. While improvements to the property were assessed at a total of $179,953. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1931
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,068
  • Total Building Area: 1,707
  • Building Area: 1,707
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,707
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 1462
  • Land Acres: 0.139
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 1462 LOT/SEC 32

Ownership

  • Current Owner : CHINCHILLA JOSE LUIS
  • Previous Owner : RICK PROPERTIES LLC
  • Owner Before Previous Owner: OPTION ONE MORTGAGE CORP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 237102

Zoning

  • Zoning: LAC2

Geography

  • Assessors Map Reference: 52-A4
  • Subdivision Tract Number: 1462
  • Parcel: 6004-026-018
  • Lot: 32
  • Municipality: WEST /HYDE PARK
  • Latitude: 33.9849
  • Longitude: -118.283

    Address

  • Full Address: 508 W 60th St
  • Address - House Number: 508
  • Street Direction: W
  • Address - Street Name: 60th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C023
  • 4-Digit Zip Code: 6329
  • Zip Code: 90044

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,903
  • Tax Rate Code Area: 06-660

    Appraisal Valuation

  • Standard Deviation: 0.237
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 66
  • Final Value: 636,186
  • High Value: 787,010
  • Low Value: 485,363

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $144,309
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Nov 19, 2013
  • First Open Lien Mortgage Loan Amount: $144,309
  • 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, 2043

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $319,151
  • Assessed Land Value: $139,198
  • Assessed Improvements Value: $179,953

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 07, 2003
  • Current Sale Recording Date: Jun 26, 2003
  • Current Sale Transaction ID: 1014864424
  • Current Sale Price: $190,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 03-1832306
  • Previous Sale Recording Date: Feb 11, 2003
  • Previous Sale Contract Date: Jan 13, 2003
  • Previous Sale Amount: $142,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • First Mortgage Transaction Date: Jun 26, 2003
  • First Mortgage Loan Amount: $151,920
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Negative Amortization
  • First Mortgage Loan Due Date: Jul 01, 2033

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About South LA



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 508 West 60th Street located in?
The 508 West 60th Street is a located in the neighborhood of Voices of 90037 in South LA, Los Angeles.
What is the average sales price for listings in 508 West 60th Street?
The average sales price for units in 508 West 60th Street is $0 currently.

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