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8150 Sepulveda Place

8150 Sepulveda Place, Panorama City, CA 91402
Multifamily in Panorama City
Sold Aug 26, 2020
$1,085,000
$675,000 by First Republic Bank
Mortgage
Sold Aug 30, 2010
$490,000
$371,250 by Oneunited Bank
Mortgage Due Sep 01, 2040
Local assessors in Panorama City, CA have categorized 8150 Sepulveda Place as a residential type of property. The home was built in 1952 and is 72 years old. The property's lot size has been calculated to be 7,421 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, 12 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 6 full bathrooms. There are also 6 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 8150 Sepulveda Place has a total of 5,418 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. Moving onto specific details regarding the building. Our sources show that the building condition is poor. 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 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. According to our sources, 8150 Sepulveda Place sold most recently in Jun 9, 2020 for a total of $1,085,000. If you work out the math, that's approximately a cost of $200.26 per sqft. Before that, the property was also sold for $490,000 in Apr 12, 2010. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $13,998 in taxes each year. 8150 Sepulveda Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,128,833. If we break it down further, the land itself was valued at $677,300. Improvements to the property, however, were assessed at a total of $451,533. 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.

Building Features

Parking

Assigned Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Bedroom Count: 12
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Condition: Poor
  • 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: 6
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,421
  • Total Building Area: 5,418
  • Gross Building Area: 5,418
  • Building Area: 5,418
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 5,418
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 16357
  • Land Acres: 0.17
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Personal property general
  • Legal Description 1: TRACT # 16357 LOT/SEC 10

Ownership

  • Current Owner : AVOS REAL ESTATE HOLDING LLC
  • Previous Owner : NEPTUNO LLC
  • Owner Before Previous Owner: I B PROPERTY HOLDINGS LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 120010

Zoning

  • Zoning: LAR3

Geography

  • Assessors Map Reference: 15-C1
  • Subdivision Tract Number: 16357
  • Parcel: 2209-003-016
  • Lot: 10
  • Municipality: NORTH /PANORAMA CITY
  • Latitude: 34.2194
  • Longitude: -118.466

    Address

  • Full Address: 8150 Sepulveda Pl
  • Address - House Number: 8150
  • Address - Street Name: Sepulveda
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: Panorama City
  • Carrier Code: C012
  • 4-Digit Zip Code: 4342
  • Zip Code: 91402

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,998
  • Tax Rate Code Area: 00-016

    Appraisal Valuation

  • Standard Deviation: 0.1164
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 76
  • Final Value: 1,106,699
  • High Value: 1,235,584
  • Low Value: 977,813

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $675,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Aug 26, 2020
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $675,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,128,833
  • Assessed Land Value: $677,300
  • Assessed Improvements Value: $451,533

    Sales

  • Current Sale Contract Date: Jun 09, 2020
  • Current Sale Recording Date: Aug 26, 2020
  • Current Sale Transaction ID: 11783907577
  • Current Sale Price: $1,085,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20-1000893
  • Previous Sale Recording Date: Aug 30, 2010
  • Previous Sale Contract Date: Apr 12, 2010
  • Previous Sale Amount: $490,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST REPUBLIC BANK
  • First Mortgage Transaction Date: Aug 26, 2020
  • First Mortgage Loan Amount: $675,000
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: ONEUNITED BANK
  • Previous Mortgage Transaction Date: Aug 30, 2010
  • Previous Mortgage Loan Amount: $371,250
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Sep 01, 2040

About North Valley



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Frequently Asked Questions

What neighborhood is 8150 Sepulveda Place located in?
The 8150 Sepulveda Place is a multifamily located in the neighborhood of Panorama City in North Valley, Panorama City.
What is the average sales price for listings in 8150 Sepulveda Place?
The average sales price for units in 8150 Sepulveda Place is $1,125,000 , or $208/sqft. currently.

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