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1471 South Sherbourne Drive

1471 South Sherbourne Drive, Los Angeles, CA 90035
Multifamily in South Robertson
Local assessors in Los Angeles, CA have categorized 1471 South Sherbourne Drive as a residential type of property. The home was built in 1929 and is 95 years old. The property's lot size has been calculated to be 6,499 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a quadplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 8 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 4 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 1471 South Sherbourne Drive has a total of 4,592 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. 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. Residents rely on air conditioning for their cooling 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, 1471 South Sherbourne Drive sold most recently in May 5, 2022 for a total of $2,255,000. If you work out the math, that's approximately a cost of $491.07 per sqft. Before that, the property was also sold for $1,900,000 in Feb 19, 2020. 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 $23,459 in taxes each year. The initial year of tax delinquency occurred in 2020. 1471 South Sherbourne Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,300,100. If we break it down further, the land itself was valued at $1,790,100. Improvements to the property, however, were assessed at a total of $510,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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
20210517
05/17/2021
Studio
-
-
$2,299,000
bedrooms
Studio
bathrooms
-
-
-
-
Fred Nabati
Trimax Realty, Inc.

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • Building Count: 1
  • Bedroom Count: 8
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Quadplex
  • Living Units: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,499
  • Total Building Area: 4,592
  • Gross Building Area: 4,592
  • Building Area: 4,592
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 4,592
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 7385
  • Land Acres: 0.149
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • Legal Description 1: TRACT # 7385 LOT/SEC 74

Ownership

  • Current Owner : SPOLIN AARON
  • Current Owner 2: SPOLIN REVKAH
  • Previous Owner : ZAHABIAN
  • Previous Owner 2: STELLA
  • Owner Before Previous Owner: DAUBE JANET
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 217002

Zoning

  • Zoning: LAR3

Geography

  • Assessors Map Reference: 42-D3
  • Subdivision Tract Number: 7385
  • Parcel: 4303-018-003
  • Lot: 74
  • Municipality: WEST /PALMS RES INC
  • Latitude: 34.0519
  • Longitude: -118.38

    Address

  • Full Address: 1471 S Sherbourne Dr
  • Address - House Number: 1471
  • Street Direction: S
  • Address - Street Name: Sherbourne
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C065
  • 4-Digit Zip Code: 3509
  • Zip Code: 90035

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $23,459
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2255
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 2,258,649
  • High Value: 2,768,012
  • Low Value: 1,749,286

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $2,078,500
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: May 24, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,578,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2052
  • Second Open Lien Mortgage Lender: HOMETRUST BANK
  • Second Open Lien Mortgage Recording Date: Jul 24, 2023
  • Second Open Lien Mortgage Loan Amount: $500,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jul 18, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,300,100
  • Assessed Land Value: $1,790,100
  • Assessed Improvements Value: $510,000

    Sales

  • Current Sale Contract Date: May 05, 2022
  • Current Sale Recording Date: May 24, 2022
  • Current Sale Transaction ID: 11888532647
  • Current Sale Price: $2,255,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 558316
  • Previous Sale Recording Date: Feb 27, 2020
  • Previous Sale Contract Date: Feb 19, 2020
  • Previous Sale Amount: $1,900,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: May 24, 2022
  • First Mortgage Loan Amount: $1,578,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About West Los Angeles



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Frequently Asked Questions

What neighborhood is 1471 South Sherbourne Drive located in?
The 1471 South Sherbourne Drive is a multifamily located in the neighborhood of South Robertson in West Los Angeles, Los Angeles.
What is the average sales price for listings in 1471 South Sherbourne Drive?
The average sales price for units in 1471 South Sherbourne Drive is $0 currently.

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