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12814 Riverside Drive

12814 Riverside Drive, Valley Village, CA 91607
Property in Valley Village
1 Units For Sale
Unit for sale at 12814 Riverside Drive, Valley Village, CA 91607

$1,395,000

  • Commercial
  • 5,116 ft²
12814 Riverside Drive, Valley Village, CA 91607 Listing by Larry Weiner

Local assessors in Valley Village, CA have categorized 12814 Riverside Drive as a commercial type of property. The home was built in 1958 and is 66 years old. The property's lot size has been calculated to be 7,529 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 12814 Riverside Drive has a total of 5,116 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. 12814 Riverside Drive 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 - B. The building has a flat style roof that was made of tar and gravel. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. 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, 12814 Riverside Drive was last sold in Oct 27, 2022 for $2,250,000. According to our calculations, that's $439.80 per sqft. Prior to that sales transaction, the property was sold for $1,815,000 in Mar 23, 2017. Current property owners are expected to pay $23,905 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2020. The property on 12814 Riverside Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,250,000. To break that down further, the land itself was valued at $2,240,000. While improvements to the property were assessed at a total of $10,000. 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 description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: B
  • Construction Type: Wood
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Flat
  • Roof Cover Type: Tar and gravel
  • Floor Count: 1
  • Living Units: 7
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,529
  • Total Building Area: 5,116
  • Gross Building Area: 5,116
  • Building Area: 5,116
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 5,116
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Commercial
  • Subdivision: 2590
  • Land Acres: 0.173
  • Standard Land Use Code: Regional shopping center or mall with anchor store
  • Legal Description 1: *TR=2590*LOT COM S 25 FT AND W 100 FT FROM NE COR OF LOT 2 TH W 65 FT TH S 117.13 FT TH S 88 35'11 E TO A PT S FROM BEG TH N TO BEG POR OF LOT 2

Ownership

  • Current Owner : MONEM TRUST
  • Previous Owner : RIVERSIDE SHERMAN VILLAGE LLC
  • Owner Before Previous Owner: 12814 RIVERSIDE DRIVE LLC
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 124700

Zoning

  • Zoning: LAC1

Geography

  • Assessors Map Reference: 23-B3
  • Subdivision Tract Number: 2590
  • Parcel: 2357-033-020
  • Lot: 2
  • Municipality: NORTH
  • Latitude: 34.1573
  • Longitude: -118.412

    Address

  • Full Address: 12814 Riverside Dr
  • Address - House Number: 12814
  • Address - Street Name: Riverside
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Valley Village
  • Carrier Code: C006
  • 4-Digit Zip Code: 3321
  • Zip Code: 91607

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $23,905
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 00-013

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $148,922
  • First Open Lien Mortgage Lender: THE MICHELE JOY REISS TRUST OF
  • First Open Lien Mortgage Recording Date: Sep 15, 1999
  • First Open Lien Mortgage Loan Amount: $148,922
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,250,000
  • Assessed Land Value: $2,240,000
  • Assessed Improvements Value: $10,000

    Sales

  • Current Sale Contract Date: Oct 27, 2022
  • Current Sale Recording Date: Nov 09, 2022
  • Current Sale Transaction ID: 11898523565
  • Current Sale Price: $2,250,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 1060842
  • Previous Sale Recording Date: Apr 28, 2017
  • Previous Sale Contract Date: Mar 23, 2017
  • Previous Sale Amount: $1,815,000
  • Previous Sale Document Type: Grant Deed

About South Valley



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Unit for rent at 6153, 6159 & 6165 Coldwater Canyon Ave, Los Angeles, CA, 91606

$1,549 /mo

  • Studio
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Frequently Asked Questions

What neighborhood is 12814 Riverside Drive located in?
The 12814 Riverside Drive is a located in the neighborhood of Valley Village in South Valley, Valley Village.
How many listings are currently for sale in 12814 Riverside Drive?
There is one unit for sale right now.
What is the average sales price for listings in 12814 Riverside Drive?
The average sales price for units in 12814 Riverside Drive is $1,395,000 , or $273/sqft. currently.

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