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361 North La Brea Avenue

361 North La Brea Avenue, Los Angeles, CA 90036
Commercial in Mid-City West
361 North La Brea Avenue in Los Angeles, CA was first built in 1955 and is 69 years old. Although, the building on the property was most recently renovated and altered in 1960. This has been categorized as a commercial property type. It is a single story home. 361 North La Brea Avenue has 2,975 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. In total, the area measurement of the land is 10,392 square feet.

Learn more about the property and building on this page. The building type has been coded as 4. The code stands for buildings that have wood or wood and steel frames.. 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 B. The property was last sold in May 24, 2022 for $4,925,000. That's $1,655.46 per sqft. 361 North La Brea Avenue was last assessed in 2023. The total value of the property was assessed at $5,023,500. Specifically, the land the property is located on was valued at $3,366,000. While improvements on the property were assessed at a total of $1,657,500. 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 $24,806. 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. 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.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220117
01/17/2022
Loft
-
-
$5,200,000
bedrooms
Loft
bathrooms
-
-
-
-
Melissa Zee
Keller Williams - Beverly Hills

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: B
  • Construction Type: Wood
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,392
  • Total Building Area: 2,975
  • Gross Building Area: 2,975
  • Building Area: 2,975
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,975
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Commercial
  • Subdivision: 4924
  • Land Acres: 0.239
  • Standard Land Use Code: Regional shopping center or mall with anchor store
  • Legal Description 1: TRACT # 4924 LOTS 1 AND LOT/SEC 2

Ownership

  • Current Owner : 361 NORTH LA BREA LLC
  • Previous Owner : LANDMAN FAMILY TRUST
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 214000

Zoning

  • Zoning: LAC2

Geography

  • Assessors Map Reference: 34-B5
  • Subdivision Tract Number: 4924
  • Parcel: 5525-033-001
  • Lot: 1
  • Municipality: WEST /HOLLYWOOD
  • Latitude: 34.0781
  • Longitude: -118.344

    Address

  • Full Address: 361 N La Brea Ave
  • Address - House Number: 361
  • Street Direction: N
  • Address - Street Name: La Brea
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C023
  • 4-Digit Zip Code: 2517
  • Zip Code: 90036

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $24,806
  • Tax Rate Code Area: 00-067

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,500,000
  • First Open Lien Mortgage Lender: UMPQUA BANK
  • First Open Lien Mortgage Recording Date: Jun 14, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $2,500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,023,500
  • Assessed Land Value: $3,366,000
  • Assessed Improvements Value: $1,657,500

    Sales

  • Current Sale Contract Date: May 24, 2022
  • Current Sale Recording Date: Jun 14, 2022
  • Current Sale Transaction ID: 11890223562
  • Current Sale Price: $4,925,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 628536

    Last Sale Mortgage

  • First Mortgage Lender: UMPQUA BANK
  • First Mortgage Transaction Date: Jun 14, 2022
  • First Mortgage Loan Amount: $2,500,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Central LA



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Frequently Asked Questions

What neighborhood is 361 North La Brea Avenue located in?
The 361 North La Brea Avenue is a commercial located in the neighborhood of Mid-City West in Central LA, Los Angeles.
What is the average sales price for listings in 361 North La Brea Avenue?
The average sales price for units in 361 North La Brea Avenue is $0 currently.

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