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7011 Lennox Avenue

7011 Lennox Avenue, Van Nuys, CA 91405
Property in Van Nuys
Refi May 22, 2018
Transfer
$2,700,000 by Homestar Bank
Mortgage Due Jun 01, 2048
Local assessors in Van Nuys, CA have categorized 7011 Lennox Avenue as a residential type of property. The home was built in 1969 and is 55 years old. The property's lot size has been calculated to be 40,177 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, 50 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 56 full bathrooms. There are also 56 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7011 Lennox Avenue has a total of 33,352 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. 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 average. 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 flat style roof that was made of tar and gravel. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $53,017 in taxes each year. 7011 Lennox Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $4,160,883. If we break it down further, the land itself was valued at $1,473,639. Improvements to the property, however, were assessed at a total of $2,687,244. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Bedroom Count: 50
  • Bathroom Count: 56
  • Full Bathrooms: 56
  • Partial Bathrooms: 56
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Flat
  • Roof Cover Type: Tar and gravel
  • Floor Count: 2
  • Living Units: 49
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 40,177
  • Total Building Area: 33,352
  • Gross Building Area: 33,352
  • Building Area: 33,352
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 33,352
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 29093
  • Land Acres: 0.922
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: TRACT NO 29093 LOT/SEC 1

Ownership

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

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 127910

Zoning

  • Zoning: LAR3

Geography

  • Assessors Map Reference: 15-E4
  • Subdivision Tract Number: 29093
  • Parcel: 2217-006-044
  • Lot: 1
  • Municipality: NORTH /VAN NUYS
  • Latitude: 34.198
  • Longitude: -118.446

    Address

  • Full Address: 7011 Lennox Ave
  • Address - House Number: 7011
  • Address - Street Name: Lennox
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Van Nuys
  • Carrier Code: C010
  • 4-Digit Zip Code: 3102
  • Zip Code: 91405

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $53,017
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.3284
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 34
  • Final Value: 3,835,245
  • High Value: 5,094,872
  • Low Value: 2,575,617

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,700,000
  • First Open Lien Mortgage Lender: HOMESTAR BANK
  • First Open Lien Mortgage Recording Date: May 22, 2018
  • First Open Lien Mortgage Loan Amount: $2,700,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2048

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,160,883
  • Assessed Land Value: $1,473,639
  • Assessed Improvements Value: $2,687,244

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Frequently Asked Questions

What neighborhood is 7011 Lennox Avenue located in?
The 7011 Lennox Avenue is a located in the neighborhood of Van Nuys in South Valley, Van Nuys.
What is the average sales price for listings in 7011 Lennox Avenue?
The average sales price for units in 7011 Lennox Avenue is $0 currently.

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