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11268 Sunshine Terrace

11268 Sunshine Terrace, Studio City, CA 91604
House in Studio City
Sold Jul 21, 2020
$1,500,000
$1,450,000 by Us Bank Na
Mortgage
Sold Jan 22, 2020
$1,668,007
11268 Sunshine Terrace has been categorized by the local assessors in Studio City, CA as a residential type of property. The building on the property was first built in 1926 and is 98 years old. However, we must point out that the home was most recently renovated and altered in 1955. The home has a total of 8 rooms. 3 of these rooms are legally considered as 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, 11268 Sunshine Terrace has 3,524 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 1,780 ft and across the front of the lot is 560 ft. The area measurement of the land has been determined as 9,712 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as average. 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 B by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of stucco. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Jul 14, 2020 for $1,500,000. That's $425.65 per sqft. Prior to that sales transaction, the property was also sold in Jan 15, 2020 for $1,668,007. 11268 Sunshine Terrace was last assessed in 2023. The total value of the property was assessed at $1,560,599. Specifically, the land the property is located on was valued at $1,179,189. While improvements on the property were assessed at a total of $381,410. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $18,152. The initial tax year of delinquency was in 2019. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Garage Parking
Detached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 9,712
  • Lot Size Depth Feet: 1,780
  • Lot Size Frontage Feet: 560
  • Total Building Area: 3,524
  • Building Area: 3,524
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,524
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 9094
  • Land Acres: 0.223
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 9094 LOT COM AT MOST N COR OFLOT 5 TH SW ON NW LINE OF SD LOT 40 FT TH S 42 57'55 E 154.78 FT TH N 74 32' 20 E 85.66 FT TH N 53 30'50 W 196.95 FT TO BEG PART OF LOTS 5 AND LOT 11

Ownership

  • Current Owner : STEIN DANIEL
  • Current Owner 2: STEIN DEBBIE
  • Previous Owner : LEXINGTON RML MF REO 1 LLC
  • Owner Before Previous Owner: KHOUDIKIAN LUCINE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 143802

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 23-E5
  • Subdivision Tract Number: 9094
  • Parcel: 2378-011-015
  • Lot: 5,40
  • Municipality: NORTH /STUDIO CITY
  • Latitude: 34.1391
  • Longitude: -118.375

    Address

  • Full Address: 11268 Sunshine Ter
  • Address - House Number: 11268
  • Address - Street Name: Sunshine
  • Address - Suffix Type: Ter
  • State: CA
  • City Name: Studio City
  • Carrier Code: C032
  • 4-Digit Zip Code: 3124
  • Zip Code: 91604

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $18,152
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.2286
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 68
  • Final Value: 2,052,391
  • High Value: 2,521,685
  • Low Value: 1,583,098

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,450,000
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Jun 02, 2021
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $1,450,000
  • 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: $1,560,599
  • Assessed Land Value: $1,179,189
  • Assessed Improvements Value: $381,410

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 14, 2020
  • Current Sale Recording Date: Jul 21, 2020
  • Current Sale Transaction ID: 11773150793
  • Current Sale Price: $1,500,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-0807960
  • Previous Sale Recording Date: Jan 22, 2020
  • Previous Sale Contract Date: Jan 15, 2020
  • Previous Sale Amount: $1,668,007
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Jul 21, 2020
  • First Mortgage Loan Amount: $900,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

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Frequently Asked Questions

What neighborhood is 11268 Sunshine Terrace located in?
The 11268 Sunshine Terrace is a house located in the neighborhood of Studio City in South Valley, Studio City.
What is the average sales price for listings in 11268 Sunshine Terrace?
The average sales price for units in 11268 Sunshine Terrace is $0 currently.

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