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5820 David Avenue

5820 David Avenue, Los Angeles, CA 90034
Property in Mid City
Sold Jan 10, 2013
Transfer
$3,020,000 by Jpmorgan Chase Bank Na
Mortgage
5820 David 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 2005 and is 19 years old. The home has a total of 26 bedrooms. Residents will have access to 27 full bathrooms. There are 27 partial bathrooms in the home. In addition, 5820 David Avenue has 12,262 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 9,903 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 A by the local assessor. The inside of the home is being cooled with central air conditioning at the moment. 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 $42,873 in taxes each year. The initial year of tax delinquency occurred in 2018. 5820 David Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $3,630,271. If we break it down further, the land itself was valued at $2,418,286. Improvements to the property, however, were assessed at a total of $1,211,985. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 2005
  • Effective Year Built: 2005
  • Building Count: 3
  • Bedroom Count: 26
  • Bathroom Count: 27
  • Full Bathrooms: 27
  • Partial Bathrooms: 27
  • Building Quality: A
  • Construction Type: Wood
  • Living Units: 9
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,903
  • Total Building Area: 12,262
  • Gross Building Area: 12,262
  • Building Area: 12,262
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 12,262
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.227
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Personal property general
  • Legal Description 1: TR=54333 EX OF ST LOT 1

Ownership

  • Current Owner : SHOKRIAN LOTFOLLAH
  • Current Owner 2: SHOKRIAN HELEN
  • Previous Owner : 5820 DAVID LIMITED PARTNERSHIP
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 270200

Zoning

  • Zoning: LARD1.5

Geography

  • Subdivision Tract Number: 54333
  • Parcel: 5065-020-034
  • Lot: 1
  • Municipality: WEST /PALMS
  • Latitude: 34.0344
  • Longitude: -118.372

    Address

  • Full Address: 5820 David Ave
  • Address - House Number: 5820
  • Address - Street Name: David
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C021
  • 4-Digit Zip Code: 2240
  • Zip Code: 90034

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $42,873
  • Intital Tax Deliquent Year: 2018
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.1164
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 76
  • Final Value: 751,625
  • High Value: 839,158
  • Low Value: 664,091

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,020,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Jun 02, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $3,020,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,630,271
  • Assessed Land Value: $2,418,286
  • Assessed Improvements Value: $1,211,985

    Sales

  • Current Sale Contract Date: Nov 19, 2012
  • Current Sale Recording Date: Jan 10, 2013
  • Current Sale Transaction ID: 1031248251
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 13-0042540

    Last Sale Mortgage

  • First Mortgage Lender: PACIFIC MERCANTILE BANK
  • First Mortgage Transaction Date: Jan 10, 2013
  • First Mortgage Loan Amount: $2,520,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Variable

About South LA



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Frequently Asked Questions

What neighborhood is 5820 David Avenue located in?
The 5820 David Avenue is a located in the neighborhood of Mid City in South LA, Los Angeles.
What is the average sales price for listings in 5820 David Avenue?
The average sales price for units in 5820 David Avenue is $0 currently.

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