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8501 Hollywood Boulevard

8501 Hollywood Boulevard, West Hollywood, CA 90069
Sold Jan 20, 2023
$2,115,000
$800,000 by Guaranteed Rate Inc
Mortgage Due Feb 01, 2053
Sold Apr 21, 2017
$1,800,000
$1,260,000 by Wells Fargo Bank Na
Mortgage Due May 01, 2047
Local assessors in West Hollywood, CA have categorized 8501 Hollywood Boulevard as a residential type of property. The home was built in 1945 and is 79 years old. It was most recently renovated and altered in 1984. The property's lot size has been calculated to be 6,717 square feet. The linear feet between the front and back of the lot was measured at 1,100 ft and the front of the lot was measured at 600 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a modern style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 4 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 4 full bathrooms. There are also 4 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 8501 Hollywood Boulevard has a total of 1,983 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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 - D. The building has a flat style roof that was made of gravel/rock. Lots of stucco were used in the construction of the exterior walls of the home. 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. 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, 8501 Hollywood Boulevard sold most recently in Jan 13, 2023 for a total of $2,115,000. If you work out the math, that's approximately a cost of $1,066.57 per sqft. Before that, the property was also sold for $1,800,000 in Mar 16, 2017. 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 $23,472 in taxes each year. 8501 Hollywood Boulevard was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,007,930. If we break it down further, the land itself was valued at $1,505,949. Improvements to the property, however, were assessed at a total of $501,981. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1945
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Modern
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Flat
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,717
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,983
  • Building Area: 1,983
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,983
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 8500
  • Land Acres: 0.154
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 8500 LOT/SEC 111

Ownership

  • Current Owner : DESILVA ANGELA
  • Current Owner 2: CARROLL DEREK
  • Previous Owner : KOEFOED ERIC JAMES
  • Previous Owner 2: KOEFOED NATHALIE CHARLOTTE
  • Owner Before Previous Owner: SOLOMON MIRIAM
  • Owner Before Previous Owner 2: MIRIAM SOLOMON TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 194200

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 33-E3
  • Subdivision Tract Number: 8500
  • Parcel: 5558-024-010
  • Lot: 111
  • Municipality: WEST /HOLLYWOOD HILS
  • Latitude: 34.0994
  • Longitude: -118.376

    Address

  • Full Address: 8501 Hollywood Blvd
  • Address - House Number: 8501
  • Address - Street Name: Hollywood
  • Address - Suffix Type: Blvd
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C052
  • 4-Digit Zip Code: 1413
  • Zip Code: 90069

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $23,472
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 96
  • Final Value: 2,333,373
  • High Value: 2,491,463
  • Low Value: 2,175,284

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $800,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Jan 20, 2023
  • First Open Lien Mortgage Loan Amount: $800,000
  • 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: Feb 01, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,007,930
  • Assessed Land Value: $1,505,949
  • Assessed Improvements Value: $501,981

    Sales

  • Current Sale Contract Date: Jan 13, 2023
  • Current Sale Recording Date: Jan 20, 2023
  • Current Sale Transaction ID: 11900917828
  • Current Sale Price: $2,115,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 40885
  • Previous Sale Recording Date: Apr 21, 2017
  • Previous Sale Contract Date: Mar 16, 2017
  • Previous Sale Amount: $1,800,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Jan 20, 2023
  • First Mortgage Loan Amount: $800,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Apr 21, 2017
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $1,260,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: May 01, 2047

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Frequently Asked Questions

What neighborhood is 8501 Hollywood Boulevard located in?
The 8501 Hollywood Boulevard is a located in the neighborhood of Bel Air-Beverly Crest in West Los Angeles, West Hollywood.
What is the average sales price for listings in 8501 Hollywood Boulevard?
The average sales price for units in 8501 Hollywood Boulevard is $0 currently.

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