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950 South La Verne Avenue

950 South La Verne Avenue, Los Angeles, CA 90022
Property in East Los Angeles
Sold Jan 27, 2006
$600,000
950 South La Verne Avenue in Los Angeles, CA was first built in 1956 and is 68 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 triplex 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. 950 South La Verne Avenue has 1,797 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 5,006 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. As for heating, the home is utilizing floor/wall 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, 950 South La Verne Avenue sold most recently in Dec 13, 2005 for a total of $600,000. If you work out the math, that's approximately a cost of $333.89 per sqft. 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 $9,988 in taxes each year. 950 South La Verne Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $734,400. If we break it down further, the land itself was valued at $377,400. 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. 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.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: 1956
  • Effective Year Built: 1956
  • Building Count: 3
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Triplex
  • Living Units: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,006
  • Total Building Area: 1,797
  • Building Area: 1,797
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,797
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 5433
  • Land Acres: 0.115
  • Standard Land Use Code: Triplex (3 units, any combination)
  • Legal Description 1: TRACT # 5433 LOT/SEC 76

Ownership

  • Current Owner : FELIX SALVADOR
  • Previous Owner : WYNN ELLIS LEE
  • Previous Owner 2: WYNN MARGARET G
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 531602

Zoning

  • Zoning: LCR4*

Geography

  • Assessors Map Reference: 45-E6
  • Subdivision Tract Number: 5433
  • Parcel: 5245-005-013
  • Lot: 76
  • Municipality: EAST /EAST L.A.
  • Latitude: 34.0201
  • Longitude: -118.163

    Address

  • Full Address: 950 S La Verne Ave
  • Address - House Number: 950
  • Street Direction: S
  • Address - Street Name: La Verne
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C033
  • 4-Digit Zip Code: 3826
  • Zip Code: 90022

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,988
  • Tax Rate Code Area: 00-996

    Appraisal Valuation

  • Standard Deviation: 0.231
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 67
  • Final Value: 852,823
  • High Value: 1,049,869
  • Low Value: 655,777

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $734,400
  • Assessed Land Value: $377,400
  • Assessed Improvements Value: $357,000

    Sales

  • Current Sale Contract Date: Dec 13, 2005
  • Current Sale Recording Date: Jan 27, 2006
  • Current Sale Transaction ID: 1032733347
  • Current Sale Price: $600,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 06-0200229

    Last Sale Mortgage

  • First Mortgage Lender: NEW CENTURY MORTGAGE CORP
  • First Mortgage Transaction Date: Jan 27, 2006
  • First Mortgage Loan Amount: $510,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Mortgage Loan Due Date: Feb 01, 2036

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About East Los Angeles



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Frequently Asked Questions

What neighborhood is 950 South La Verne Avenue located in?
The 950 South La Verne 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 950 South La Verne Avenue?
The average sales price for units in 950 South La Verne Avenue is $0 currently.

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