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647 North La Fayette Park Place

647 North La Fayette Park Place, Los Angeles, CA 90026
Multifamily in Silver Lake
647 North La Fayette Park Place in Los Angeles, CA was first built in 1920 and is 104 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 647 North La Fayette Park Place has 1,894 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 6,252 square feet.

Learn more about the property and building on this page. 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 C. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 647 North La Fayette Park Place sold most recently in Sep 10, 2021 for a total of $1,250,000. If you work out the math, that's approximately a cost of $659.98 per sqft. Before that, the property was also sold for $300,000 in Mar 3, 2004. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $14,839 in taxes each year. The initial year of tax delinquency occurred in 2018. 647 North La Fayette Park Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,275,000. If we break it down further, the land itself was valued at $918,000. Improvements to the property, however, were assessed at a total of $357,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210720
07/20/2021
Studio
-
-
$1,395,000
bedrooms
Studio
bathrooms
-
$1,250,000 -10.39%
09/29/2021
James E Wilson
deasy penner podley

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 2
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,252
  • Total Building Area: 1,894
  • Building Area: 1,894
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,894
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OCCIDENTAL BOULEVARD TRACT
  • Land Acres: 0.144
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: OCCIDENTAL BOULEVARD TRACT LOT/SEC 25

Ownership

  • Current Owner : ENNESS ANDREW JORDAN HANSEN
  • Current Owner 2: GILCHRIST SARAH KATHERINE
  • Previous Owner : LAF INVESTMENTS LLC
  • Owner Before Previous Owner: LEWIS DOUGLAS
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 195804

Zoning

  • Zoning: LARD1.5

Geography

  • Assessors Map Reference: 35-B5
  • Parcel: 5402-006-027
  • Lot: 25
  • Municipality: EAST /LA SILVER LAKE
  • Latitude: 34.0778
  • Longitude: -118.274

    Address

  • Full Address: 647 N La Fayette Park Pl
  • Address - House Number: 647
  • Street Direction: N
  • Address - Street Name: La Fayette Park
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C057
  • 4-Digit Zip Code: 2915
  • Zip Code: 90026

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,839
  • Intital Tax Deliquent Year: 2018
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.2391
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 66
  • Final Value: 1,353,196
  • High Value: 1,676,761
  • Low Value: 1,029,631

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $62,500
  • First Open Lien Mortgage Lender: ALASKA USA FCU
  • First Open Lien Mortgage Recording Date: Sep 29, 2021
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $62,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,275,000
  • Assessed Land Value: $918,000
  • Assessed Improvements Value: $357,000

    Sales

  • Current Sale Contract Date: Sep 10, 2021
  • Current Sale Recording Date: Sep 29, 2021
  • Current Sale Transaction ID: 11857382016
  • Current Sale Price: $1,250,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1483659
  • Previous Sale Recording Date: Mar 12, 2004
  • Previous Sale Contract Date: Mar 03, 2004
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALASKA USA FCU
  • First Mortgage Transaction Date: Sep 29, 2021
  • First Mortgage Loan Amount: $62,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Credit Line (Revolving)

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: ARGENT MORTGAGE COMPANY LLC
  • Previous Mortgage Transaction Date: Mar 12, 2004
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $285,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Apr 01, 2034

About East LA



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Frequently Asked Questions

What neighborhood is 647 North La Fayette Park Place located in?
The 647 North La Fayette Park Place is a multifamily located in the neighborhood of Silver Lake in East LA, Los Angeles.
What is the average sales price for listings in 647 North La Fayette Park Place?
The average sales price for units in 647 North La Fayette Park Place is $1,395,000 currently.

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