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3029 West Olympic Boulevard

3029 West Olympic Boulevard, Los Angeles, CA 90006
3029 West Olympic Boulevard has been categorized by the local assessors in Los Angeles, CA as a commercial type of property. The building on the property was first built in 2005 and is 19 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 3029 West Olympic Boulevard has 3,645 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 3,839 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. We know that this is 4 code building. This code stands for "buildings that have wood or wood and steel frames.". For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there are a total of 12 available parking spaces. 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. The property was last sold in Feb 23, 2015 for $2,650,000. That's $727.02 per sqft. Prior to that sales transaction, the property was also sold in Feb 6, 2012 for $1,979,384. 3029 West Olympic Boulevard was last assessed in 2023. The total value of the property was assessed at $1,155,173. Specifically, the land the property is located on was valued at $1,132,073. While improvements on the property were assessed at a total of $23,100. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $13,502. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

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: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 0
  • Construction Type: Wood
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 12

    Dimensions

  • Lot Size Square Feet: 3,839
  • Total Building Area: 3,645
  • Gross Building Area: 3,645
  • Building Area: 3,645
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,645
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Commercial
  • Subdivision: ELECTRIC RAILWAY HOMESTEAD ASSOCIATION
  • Land Acres: 0.088
  • Standard Land Use Code: Parking lot
  • Legal Description 1: ELECTRIC RAILWAY HOMESTEAD ASSN E 41.73 FT OF W 81.4 FT OF LOTS 12 AND LOT/SEC 13 BLK/DIV/TWN 10

Ownership

  • Current Owner : 2006 CHOI FAMILY TRUST
  • Previous Owner : MOSO INVESTMENT LLC
  • Owner Before Previous Owner: ABAS LLC
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 213320

Zoning

  • Zoning: LAC2

Geography

  • Assessors Map Reference: 43-E3
  • Parcel: 5080-032-010
  • Block: 10
  • Lot: 12
  • Municipality: WEST /MID-CTY/KOR TWN
  • Latitude: 34.0529
  • Longitude: -118.301

    Address

  • Full Address: 3029 W Olympic Blvd
  • Address - House Number: 3029
  • Street Direction: W
  • Address - Street Name: Olympic
  • Address - Suffix Type: Blvd
  • State: CA
  • City Name: Los Angeles
  • Zip Code: 90006

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,502
  • Tax Rate Code Area: 06-657

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,478,000
  • First Open Lien Mortgage Lender: BANK OF THE WEST
  • First Open Lien Mortgage Recording Date: Aug 13, 2020
  • First Open Lien Mortgage Loan Amount: $1,478,000
  • 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: $1,155,173
  • Assessed Land Value: $1,132,073
  • Assessed Improvements Value: $23,100

    Sales

  • Current Sale Contract Date: Feb 23, 2015
  • Current Sale Recording Date: Jun 30, 2015
  • Current Sale Transaction ID: 1208527472
  • Current Sale Price: $2,650,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 15-0782218
  • Previous Sale Recording Date: Feb 06, 2012
  • Previous Sale Contract Date: Feb 06, 2012
  • Previous Sale Amount: $1,979,384
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: OPEN BANK
  • First Mortgage Transaction Date: Jun 30, 2015
  • First Mortgage Loan Amount: $1,680,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Central LA



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Frequently Asked Questions

What neighborhood is 3029 West Olympic Boulevard located in?
The 3029 West Olympic Boulevard is a located in the neighborhood of Wilshire Center - Koreatown in Central LA, Los Angeles.
What is the average sales price for listings in 3029 West Olympic Boulevard?
The average sales price for units in 3029 West Olympic Boulevard is $0 currently.

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