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4225 Kraft Avenue

4225 Kraft Avenue, Studio City, CA 91604
Property in Studio City
Sold Feb 14, 2014
$1,750,000
$1,380,000 by Citibank Na
Mortgage Due Mar 01, 2044
Sold Jun 10, 2004
$695,000
$556,000 by Homestone Mortgage Inc
Mortgage Due Jul 01, 2034
4225 Kraft Avenue in Studio City, CA was first built in 1939 and is 85 years old. Although, the building on the property was most recently renovated and altered in 1973. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 4225 Kraft Avenue has 2,615 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 500 ft and the linear feet between the front and back of the lot is 1,350. In total, the area measurement of the land is 6,750 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a hip style roof made of composition shingle. 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. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. 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. The property was last sold in Feb 5, 2014 for $1,750,000. That's $669.22 per sqft. Prior to that sales transaction, the property was also sold in May 28, 2004 for $695,000. 4225 Kraft Avenue was last assessed in 2023. The total value of the property was assessed at $2,061,948. Specifically, the land the property is located on was valued at $1,413,908. While improvements on the property were assessed at a total of $648,040. 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 $23,910. The initial tax year of delinquency was in 2021. 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. 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.

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 6,750
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,615
  • Building Area: 2,615
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,615
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 9482
  • Land Acres: 0.155
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 9482 LOT/SEC 86

Ownership

  • Current Owner : SIEGEL BART
  • Current Owner 2: STELLA TRUST
  • Previous Owner : KAZARIAN BRIAN E
  • Owner Before Previous Owner: CHOW KIUK
  • Owner Before Previous Owner 2: CHOW RAYMOND K
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Contract Owner
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 143602

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 23-D4
  • Subdivision Tract Number: 9482
  • Parcel: 2368-018-020
  • Lot: 86
  • Municipality: NORTH /STUDIO CITY
  • Latitude: 34.1457
  • Longitude: -118.38

    Address

  • Full Address: 4225 Kraft Ave
  • Address - House Number: 4225
  • Address - Street Name: Kraft
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Studio City
  • Carrier Code: C014
  • 4-Digit Zip Code: 2941
  • Zip Code: 91604

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $23,910
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.2044
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 72
  • Final Value: 2,707,564
  • High Value: 3,260,995
  • Low Value: 2,154,133

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,380,000
  • First Open Lien Mortgage Lender: CITIBANK NA
  • First Open Lien Mortgage Recording Date: Feb 14, 2014
  • First Open Lien Mortgage Loan Amount: $1,380,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2044

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,061,948
  • Assessed Land Value: $1,413,908
  • Assessed Improvements Value: $648,040

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 05, 2014
  • Current Sale Recording Date: Feb 14, 2014
  • Current Sale Transaction ID: 1030758221
  • Current Sale Price: $1,750,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 14-0164084
  • Previous Sale Recording Date: Jun 10, 2004
  • Previous Sale Contract Date: May 28, 2004
  • Previous Sale Amount: $695,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK NA
  • First Mortgage Transaction Date: Feb 14, 2014
  • First Mortgage Loan Amount: $1,380,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2044

    Previous Mortgages

  • Previous Mortgage Lender: HOMESTONE MORTGAGE INC
  • Previous Mortgage Transaction Date: Jun 10, 2004
  • Previous Mortgage Loan Amount: $556,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jul 01, 2034

About South Valley



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Frequently Asked Questions

What neighborhood is 4225 Kraft Avenue located in?
The 4225 Kraft Avenue is a located in the neighborhood of Studio City in South Valley, Studio City.
What is the average sales price for listings in 4225 Kraft Avenue?
The average sales price for units in 4225 Kraft Avenue is $0 currently.

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