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4220 Arch Drive

4220 Arch Drive, Studio City, CA 91604
Property in Studio City
Refi Jan 26, 2021
Transfer
$4,000,000 by First Foundation Bank
Mortgage Due Feb 01, 2051
Local assessors in Studio City, CA have categorized 4220 Arch Drive as a residential type of property. The home was built in 1987 and is 37 years old. The property's lot size has been calculated to be 7,980 square feet. The linear feet between the front and back of the lot was measured at 1,520 ft and the front of the lot was measured at 480 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 15 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 15 full bathrooms. There are also 15 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 4220 Arch Drive has a total of 7,758 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. There is only one available parking space, so if you need more, you may need to find some alternatives. 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. The building has a hip style roof that was made of composition shingle. Residents rely on a refrigeration air conditioning system for their cooling system. 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 $16,339 in taxes per year. The property on 4220 Arch Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,317,971. To break that down further, the land itself was valued at $651,742. While improvements to the property were assessed at a total of $666,229. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 15
  • Bathroom Count: 15
  • Full Bathrooms: 15
  • Partial Bathrooms: 15
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 10
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,980
  • Lot Size Depth Feet: 1,520
  • Lot Size Frontage Feet: 480
  • Total Building Area: 7,758
  • Gross Building Area: 7,758
  • Building Area: 7,758
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: unknown
  • Heated Square Feet: 7,758
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 4852
  • Land Acres: 0.183
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Personal property general
  • Legal Description 1: TRACT # 4852 SW 1/2 MEASURED ON NW AND SE LINES OF LOT/SEC 41

Ownership

  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 143606

Zoning

  • Zoning: LAR4

Geography

  • Assessors Map Reference: 23-E4
  • Subdivision Tract Number: 4852
  • Parcel: 2366-025-006
  • Lot: 41
  • Municipality: NORTH /SHERMAN OAKS
  • Latitude: 34.1428
  • Longitude: -118.373

    Address

  • Full Address: 4220 Arch Dr
  • Address - House Number: 4220
  • Address - Street Name: Arch
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Studio City
  • Carrier Code: C032
  • 4-Digit Zip Code: 3296
  • Zip Code: 91604

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,339
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.3284
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 34
  • Final Value: 1,286,686
  • High Value: 1,709,278
  • Low Value: 864,093

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $4,000,000
  • First Open Lien Mortgage Lender: FIRST FOUNDATION BANK
  • First Open Lien Mortgage Recording Date: Jan 26, 2021
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $4,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,317,971
  • Assessed Land Value: $651,742
  • Assessed Improvements Value: $666,229

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Frequently Asked Questions

What neighborhood is 4220 Arch Drive located in?
The 4220 Arch Drive is a located in the neighborhood of Studio City in South Valley, Studio City.
What is the average sales price for listings in 4220 Arch Drive?
The average sales price for units in 4220 Arch Drive is $0 currently.

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