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723 Hoefner Avenue

723 Hoefner Avenue, Los Angeles, CA 90022
Property in East Los Angeles
Sold Sep 04, 2014
$341,000
$370,000 by Equity Prime Mortgage Llc
Mortgage Due Nov 01, 2050
Sold Jun 10, 2014
$265,000
$160,000 by Commercial Loan Express
Mortgage
Local assessors in Los Angeles, CA have categorized 723 Hoefner Avenue as a residential type of property. The home was built in 1928 and is 96 years old. It was most recently renovated and altered in 1930. The property's lot size has been calculated to be 6,631 square feet. The linear feet between the front and back of the lot was measured at 1,350 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Spanish style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 723 Hoefner Avenue has a total of 1,145 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a flat style roof that was made of roll composition. Lots of stucco were used in the construction of the exterior walls of the home. The home's floor/wall heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 723 Hoefner Avenue was last sold in Jul 18, 2014 for $341,000. According to our calculations, that's $297.82 per sqft. Prior to that sales transaction, the property was sold for $265,000 in May 23, 2014. Current property owners are expected to pay $5,212 in taxes per year. The property on 723 Hoefner Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $393,908. To break that down further, the land itself was valued at $315,129. While improvements to the property were assessed at a total of $78,779. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1928
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Spanish
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Flat
  • Roof Cover Type: Roll composition
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,631
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,145
  • Building Area: 1,145
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,145
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 5445
  • Land Acres: 0.152
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 5445 LOT/SEC 269

Ownership

  • Current Owner : MEDINA JOSE R
  • Current Owner 2: MEDINA DELIA
  • Previous Owner : SANDOVAL CARLOS
  • Owner Before Previous Owner: VERDUGO RICHARD
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Montebello Unified School District
  • Census Tract: 531701

Zoning

  • Zoning: LCR3YY

Geography

  • Assessors Map Reference: 46-A6
  • Subdivision Tract Number: 5445
  • Parcel: 6341-033-026
  • Lot: 269
  • Municipality: EAST /SO. MONTEBELLO
  • Latitude: 34.0205
  • Longitude: -118.15

    Address

  • Full Address: 723 Hoefner Ave
  • Address - House Number: 723
  • Address - Street Name: Hoefner
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C029
  • 4-Digit Zip Code: 3319
  • Zip Code: 90022

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,212
  • Tax Rate Code Area: 06-457

    Appraisal Valuation

  • Standard Deviation: 0.2292
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 715,041
  • High Value: 878,996
  • Low Value: 551,085

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $370,000
  • First Open Lien Mortgage Lender: EQUITY PRIME MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Oct 21, 2020
  • First Open Lien Mortgage Loan Amount: $370,000
  • 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: Nov 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $393,908
  • Assessed Land Value: $315,129
  • Assessed Improvements Value: $78,779

    Sales

  • Current Sale Contract Date: Jul 18, 2014
  • Current Sale Recording Date: Sep 04, 2014
  • Current Sale Transaction ID: 1033686643
  • Current Sale Price: $341,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 14-0929888
  • Previous Sale Recording Date: Jun 10, 2014
  • Previous Sale Contract Date: May 23, 2014
  • Previous Sale Amount: $265,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: GREENBOX LOANS INC
  • First Mortgage Transaction Date: Sep 04, 2014
  • First Mortgage Loan Amount: $348,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2044

    Previous Mortgages

  • Previous Mortgage Lender: COMMERCIAL LOAN EXPRESS
  • Previous Mortgage Transaction Date: Jun 10, 2014
  • Previous Mortgage Loan Amount: $160,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About East Los Angeles



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Frequently Asked Questions

What neighborhood is 723 Hoefner Avenue located in?
The 723 Hoefner Avenue is a located in the neighborhood of East Los Angeles in East Los Angeles, Los Angeles.
What is the average sales price for listings in 723 Hoefner Avenue?
The average sales price for units in 723 Hoefner Avenue is $0 currently.

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