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721 West 49th Place

721 West 49th Place, Los Angeles, CA 90037
Property in Voices of 90037
Sold Jul 28, 2021
$670,000
$636,500 by Moria Development Inc
Mortgage Due Aug 01, 2051
Sold Mar 13, 2020
$634,000
721 West 49th Place 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 1950. The home has a total of 2 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, 721 West 49th Place has 1,092 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 840 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 4,202 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 air conditioning at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. 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, 721 West 49th Place was last sold in Jun 24, 2021 for $670,000. According to our calculations, that's $613.55 per sqft. Prior to that sales transaction, the property was sold for $634,000 in Mar 6, 2020. Current property owners are expected to pay $8,064 in taxes per year. The property on 721 West 49th Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $683,400. To break that down further, the land itself was valued at $546,720. While improvements to the property were assessed at a total of $136,680. 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.

Building Features

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: A
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,202
  • Lot Size Depth Feet: 840
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,092
  • Building Area: 1,092
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,092
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LEWIS FIGUEROA STRE
  • Land Acres: 0.097
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LEW1S F1GUEROA ST TRACT LOT/SEC 21

Ownership

  • Current Owner : GARCIA DANIEL
  • Current Owner 2: CAVAZOS ELIDA MONIQUE
  • Previous Owner : SNOWDEN BRIAN
  • Owner Before Previous Owner: DANLELS IAN
  • Owner Before Previous Owner 2: BRETT DANIELS 2010 GRANTOR TRU
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 232120

Zoning

  • Zoning: LARD2

Geography

  • Assessors Map Reference: 52-A3
  • Parcel: 5018-023-023
  • Lot: 21
  • Municipality: WEST /SO. WEST L.A.
  • Latitude: 33.9982
  • Longitude: -118.286

    Address

  • Full Address: 721 W 49th Pl
  • Address - House Number: 721
  • Street Direction: W
  • Address - Street Name: 49th
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C023
  • 4-Digit Zip Code: 3329
  • Zip Code: 90037

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,064
  • Tax Rate Code Area: 00-212

    Appraisal Valuation

  • Standard Deviation: 0.2366
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 66
  • Final Value: 720,085
  • High Value: 890,525
  • Low Value: 549,645

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $656,600
  • First Open Lien Mortgage Lender: MORIA DEVELOPMENT INC
  • First Open Lien Mortgage Recording Date: Jul 28, 2021
  • First Open Lien Mortgage Loan Amount: $636,500
  • 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: Aug 01, 2051
  • Second Open Lien Mortgage Lender: MORIA DEVELOPMENT INC
  • Second Open Lien Mortgage Recording Date: Jul 28, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $20,100
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $683,400
  • Assessed Land Value: $546,720
  • Assessed Improvements Value: $136,680

    Sales

  • Current Sale Contract Date: Jun 24, 2021
  • Current Sale Recording Date: Jul 28, 2021
  • Current Sale Transaction ID: 11844828322
  • Current Sale Price: $670,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1160127
  • Previous Sale Recording Date: Mar 13, 2020
  • Previous Sale Contract Date: Mar 06, 2020
  • Previous Sale Amount: $634,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORIA DEVELOPMENT INC
  • First Mortgage Transaction Date: Jul 28, 2021
  • First Mortgage Loan Amount: $636,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

About South LA



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Frequently Asked Questions

What neighborhood is 721 West 49th Place located in?
The 721 West 49th Place is a located in the neighborhood of Voices of 90037 in South LA, Los Angeles.
What is the average sales price for listings in 721 West 49th Place?
The average sales price for units in 721 West 49th Place is $0 currently.

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