4016 Wilshire Boulevard

Local assessors in Los Angeles, CA have categorized 4016 Wilshire Boulevard as a residential type of property. The home was built in 1918 and is 106 years old. It was most recently renovated and altered in 1925. The property's lot size has been calculated to be 6,506 square feet. 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, 6 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 3 full bathrooms. There are also 3 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 4016 Wilshire Boulevard has a total of 3,330 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. The home's a central heating system 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, 4016 Wilshire Boulevard was last sold in Mar 10, 2020 for $2,200,000. According to our calculations, that's $660.66 per sqft. Current property owners are expected to pay $27,054 in taxes per year. The property on 4016 Wilshire Boulevard was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,312,591. To break that down further, the land itself was valued at $1,051,178. While improvements to the property were assessed at a total of $1,261,413. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.