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2536 Verbena Drive

2536 Verbena Drive, Los Angeles, CA 90068
Property in Hollywood United
Refi Jul 02, 2019
Transfer
$2,100,000 by Finance Of America Reverse Llc
Mortgage
2536 Verbena Drive in Los Angeles, CA was first built in 1926 and is 98 years old. Although, the building on the property was most recently renovated and altered in 1930. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a Spanish style. It is a single story home. There are a total of 9 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2536 Verbena Drive has 2,174 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 690 ft and the linear feet between the front and back of the lot is 600. In total, the area measurement of the land is 4,153 square feet.

Learn more about the property and building on this page. The home has a hip style roof made of tile. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The exterior walls of the home are made of stucco. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $4,645 in taxes per year. The property on 2536 Verbena Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $375,280. To break that down further, the land itself was valued at $131,338. While improvements to the property were assessed at a total of $243,942. 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. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Spanish
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,153
  • Lot Size Depth Feet: 600
  • Lot Size Frontage Feet: 690
  • Total Building Area: 2,174
  • Building Area: 2,174
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,174
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 7570
  • Land Acres: 0.095
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT COM S 88 02' W 65 FT FROM SE COR OF LOT 9 TR NO 7570 TH N 2 58' E 10 FT TH SW TO SW COR OF SD LOT TH S ON A CURVE CONCAVE TO W RADIUS EQUALS 100 FT 69.81 SEE ASSESSOR MAPBOOK FOR MISSING PORTIONMAPS

Ownership

  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Sole Owner

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 189400

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 34-D1
  • Subdivision Tract Number: 7570
  • Parcel: 5580-009-033
  • Lot: 9
  • Municipality: EAST /LA LAKE HOLLYWD
  • Latitude: 34.1145
  • Longitude: -118.32

    Address

  • Full Address: 2536 Verbena Dr
  • Address - House Number: 2536
  • Address - Street Name: Verbena
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C048
  • 4-Digit Zip Code: 3017
  • Zip Code: 90068

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,645
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.23
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 68
  • Final Value: 1,708,393
  • High Value: 2,101,419
  • Low Value: 1,315,367

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,100,000
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA REVERSE LLC
  • First Open Lien Mortgage Recording Date: Jul 02, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $2,100,000
  • First Open Lien Mortgage Term: 999
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $375,280
  • Assessed Land Value: $131,338
  • Assessed Improvements Value: $243,942

    Exemptions

  • Homeowner Exemption: Yes

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Frequently Asked Questions

What neighborhood is 2536 Verbena Drive located in?
The 2536 Verbena Drive is a located in the neighborhood of Hollywood United in Central LA, Los Angeles.
What is the average sales price for listings in 2536 Verbena Drive?
The average sales price for units in 2536 Verbena Drive is $0 currently.

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