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12445 Pacific Avenue

12445 Pacific Avenue, Los Angeles, CA 90066
Property in Mar Vista
Sold Nov 16, 2018
$2,800,000
$1,125,000 by East West Bank
Mortgage
Sold Oct 18, 2002
$840,000
$588,000 by Washington Mutual Bank Fa
Mortgage Due Nov 01, 2032
12445 Pacific Avenue 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 1963 and is 61 years old. The home has a total of 16 bedrooms. Residents will have access to 10 full bathrooms. There are 10 partial bathrooms in the home. In addition, 12445 Pacific Avenue has 7,220 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,993 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 B by the local assessor. The inside of the home is being cooled with air conditioning at the moment. 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, 12445 Pacific Avenue sold most recently in Nov 9, 2018 for a total of $2,800,000. If you work out the math, that's approximately a cost of $387.81 per sqft. Before that, the property was also sold for $840,000 in Oct 1, 2002. 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 $35,537 in taxes each year. 12445 Pacific Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $3,002,163. If we break it down further, the land itself was valued at $2,101,515. Improvements to the property, however, were assessed at a total of $900,648. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Bedroom Count: 16
  • Bathroom Count: 10
  • Full Bathrooms: 10
  • Partial Bathrooms: 10
  • Building Quality: B
  • Construction Type: Wood
  • Living Units: 9
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,993
  • Total Building Area: 7,220
  • Gross Building Area: 7,220
  • Building Area: 7,220
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 7,220
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROSEBORE VILLA TRACT
  • Land Acres: 0.161
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Personal property general
  • Legal Description 1: ROSEBORO V1LLA TRACT EX OF ALLEY LOT/SEC 12 BLK/DIV/TWN A

Ownership

  • Current Owner : PACIFIC JO LLC
  • Previous Owner : SAMRON ASSOCIATES
  • Owner Before Previous Owner: MARCOVICI HERMAN
  • Owner Before Previous Owner 2: MARCOVICI FAMILY REVOCABLE LIV
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 272201

Zoning

  • Zoning: LAR3

Geography

  • Assessors Map Reference: 49-F2
  • Parcel: 4235-013-011
  • Block: A
  • Lot: 12
  • Municipality: WEST /CULVER CITY
  • Latitude: 34.0023
  • Longitude: -118.434

    Address

  • Full Address: 12445 Pacific Ave
  • Address - House Number: 12445
  • Address - Street Name: Pacific
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C024
  • 4-Digit Zip Code: 4438
  • Zip Code: 90066

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $35,537
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.1164
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 76
  • Final Value: 2,943,877
  • High Value: 3,286,718
  • Low Value: 2,601,035

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,125,000
  • First Open Lien Mortgage Lender: EAST WEST BANK
  • First Open Lien Mortgage Recording Date: Nov 16, 2018
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $1,125,000
  • 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: $3,002,163
  • Assessed Land Value: $2,101,515
  • Assessed Improvements Value: $900,648

    Sales

  • Current Sale Contract Date: Nov 09, 2018
  • Current Sale Recording Date: Nov 16, 2018
  • Current Sale Transaction ID: 11535780814
  • Current Sale Price: $2,800,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 18-1160106
  • Previous Sale Recording Date: Oct 18, 2002
  • Previous Sale Contract Date: Oct 01, 2002
  • Previous Sale Amount: $840,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: EAST WEST BANK
  • First Mortgage Transaction Date: Nov 16, 2018
  • First Mortgage Loan Amount: $1,125,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • Previous Mortgage Transaction Date: Oct 18, 2002
  • Previous Mortgage Loan Amount: $588,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Nov 01, 2032

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Frequently Asked Questions

What neighborhood is 12445 Pacific Avenue located in?
The 12445 Pacific Avenue is a other located in the neighborhood of Mar Vista in West Los Angeles, Los Angeles.
What is the average sales price for listings in 12445 Pacific Avenue?
The average sales price for units in 12445 Pacific Avenue is $0 currently.

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