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5075 Westpark Drive

5075 Westpark Drive, North Hollywood, CA 91601
Property in Valley Village
Sold Jul 29, 2022
$1,950,000
Local assessors in North Hollywood, CA have categorized 5075 Westpark Drive as a residential type of property. The home was built in 1932 and is 92 years old. It was most recently renovated and altered in 1965. The property's lot size has been calculated to be 7,798 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 640 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Spanish style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 11 rooms in the home. Of these, 3 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. 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 5075 Westpark Drive has a total of 2,932 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 sources its water from a municipal system. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is fair. 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 - C. The building has a hip style roof that was made of tile. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on a wall air conditioning unit for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 5075 Westpark Drive was last sold in Jul 11, 2022 for $1,950,000. According to our calculations, that's $665.08 per sqft. Current property owners are expected to pay $7,688 in taxes per year. The property on 5075 Westpark Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,365,000. To break that down further, the land itself was valued at $950,000. While improvements to the property were assessed at a total of $415,000. 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.

Building Features

Exterior

Stucco Exterior

Parking

Garage Parking
Gated Parking
Off Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1932
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Fair
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Spanish
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,798
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 640
  • Total Building Area: 2,932
  • Building Area: 2,932
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Wall air conditioning unit
  • Heating: Central heating
  • Heated Square Feet: 2,932
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 10711
  • Land Acres: 0.179
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 10711 LOT/SEC 41

Ownership

  • Current Owner : YORAM AND ROBYN FISHMAN LIVING TRUST
  • Previous Owner : NADER EDITH G
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Feb 04, 2024

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 125200

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 23-D2
  • Subdivision Tract Number: 10711
  • Parcel: 2354-002-018
  • Lot: 41
  • Municipality: NORTH /NORTH HOLLYWOOD
  • Latitude: 34.1629
  • Longitude: -118.383

    Address

  • Full Address: 5075 Westpark Dr
  • Address - House Number: 5075
  • Address - Street Name: Westpark
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: North Hollywood
  • Carrier Code: C003
  • 4-Digit Zip Code: 3633
  • Zip Code: 91601

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,688
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.2028
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 72
  • Final Value: 1,899,203
  • High Value: 2,284,426
  • Low Value: 1,513,981

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,365,000
  • Assessed Land Value: $950,000
  • Assessed Improvements Value: $415,000

    Sales

  • Current Sale Contract Date: Jul 11, 2022
  • Current Sale Recording Date: Jul 29, 2022
  • Current Sale Transaction ID: 11893088532
  • Current Sale Price: $1,950,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 770665

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Frequently Asked Questions

What neighborhood is 5075 Westpark Drive located in?
The 5075 Westpark Drive is a located in the neighborhood of Valley Village in South Valley, North Hollywood.
What is the average sales price for listings in 5075 Westpark Drive?
The average sales price for units in 5075 Westpark Drive is $0 currently.

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