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11330 Magnolia Boulevard

11330 Magnolia Boulevard, North Hollywood, CA 91601
Commercial in NoHo Arts District
Local assessors in North Hollywood, CA have categorized 11330 Magnolia Boulevard as a commercial type of property. The home was built in 1938 and is 86 years old. It was most recently renovated and altered in 1950. The property's lot size has been calculated to be 2,750 square feet. 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 11330 Magnolia Boulevard has a total of 724 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. 11330 Magnolia Boulevard is a 4 code building. This code stands for "buildings that have wood or wood and steel frames.". 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 - C. 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, 11330 Magnolia Boulevard sold most recently in Apr 4, 2020 for a total of $515,000. If you work out the math, that's approximately a cost of $711.33 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 $6,823 in taxes each year. The initial year of tax delinquency occurred in 2019. 11330 Magnolia Boulevard was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $541,354. If we break it down further, the land itself was valued at $420,470. Improvements to the property, however, were assessed at a total of $120,884. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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
20191127
11/27/2019
Studio
-
-
$650,000
bedrooms
Studio
bathrooms
-
$515,000 -20.77%
05/21/2020
Samuel Pompeo

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,750
  • Total Building Area: 724
  • Gross Building Area: 724
  • Building Area: 724
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 724
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Commercial
  • Subdivision: 10549
  • Land Acres: 0.063
  • Standard Land Use Code: Regional shopping center or mall with anchor store
  • Legal Description 1: TR=10549 EX OF ST LOT 2

Ownership

  • Current Owner : REVIVO OLGA
  • Previous Owner : SHELMAN ALAN P
  • Ownership Rights Codes: Sole Owner

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 125403

Zoning

  • Zoning: LAC4

Geography

  • Assessors Map Reference: 23-D2
  • Subdivision Tract Number: 10549
  • Parcel: 2353-002-039
  • Lot: 2
  • Municipality: NORTH
  • Latitude: 34.1646
  • Longitude: -118.379

    Address

  • Full Address: 11330 Magnolia Blvd
  • Address - House Number: 11330
  • Address - Street Name: Magnolia
  • Address - Suffix Type: Blvd
  • State: CA
  • City Name: North Hollywood
  • Carrier Code: C006
  • 4-Digit Zip Code: 3705
  • Zip Code: 91601

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,823
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 00-042

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $412,000
  • First Open Lien Mortgage Lender: US METRO BANK
  • First Open Lien Mortgage Recording Date: May 21, 2020
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $412,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $541,354
  • Assessed Land Value: $420,470
  • Assessed Improvements Value: $120,884

    Sales

  • Current Sale Contract Date: Apr 04, 2020
  • Current Sale Recording Date: May 21, 2020
  • Current Sale Transaction ID: 11761279104
  • Current Sale Price: $515,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-0557331

    Last Sale Mortgage

  • First Mortgage Lender: US METRO BANK
  • First Mortgage Transaction Date: May 21, 2020
  • First Mortgage Loan Amount: $412,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Variable

About South Valley



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Nearby Rentals

Unit for rent at

$1,550 /mo

  • Loft
  • 1.5 Baths
  • 116 ft²
Unit for rent at

$1,625 /mo

  • Loft
  • 2 Baths
  • 125 ft²
Unit for rent at

$1,600 /mo

  • 1 Bed
  • 1 Bath
  • 241 ft²
Listing by Lisa Lee
Unit for rent at

$1,595 /mo

  • 1 Bed
  • 1 Bath
  • 600 ft²
Listing by Manager
Unit for rent at

$1,650 /mo

  • 1 Bed
  • 1 Bath
  • 572 ft²
Listing by Manager
Unit for rent at

$1,695 /mo

  • 1 Bed
  • 1 Bath
Listing by Manager
Unit for rent at

$1,750 /mo

  • 1 Bed
  • 1 Bath
  • 900 ft²
Listing by One bedroom Valley Village Apartment

Frequently Asked Questions

What neighborhood is 11330 Magnolia Boulevard located in?
The 11330 Magnolia Boulevard is a commercial located in the neighborhood of NoHo Arts District in South Valley, North Hollywood.
What is the average sales price for listings in 11330 Magnolia Boulevard?
The average sales price for units in 11330 Magnolia Boulevard is $650,000 currently.

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