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8510 Walnut Drive

8510 Walnut Drive, Los Angeles, CA 90046
Sold Oct 28, 2021
$1,165,000
$932,000 by Caliber Home Loans Inc
Mortgage Due Nov 01, 2051
Sold Apr 16, 2013
$635,000
$508,000 by First Capital
Mortgage Due May 01, 2043
Local assessors in Los Angeles, CA have categorized 8510 Walnut Drive as a residential type of property. The home was built in 1952 and is 72 years old. It was most recently renovated and altered in 1969. The property's lot size has been calculated to be 2,999 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 300 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 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 is one full bathroom. There is also a partial bathroom. 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 8510 Walnut Drive has a total of 1,148 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. Additional features on the property are as follows. There is a attached 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 - C. The building has a gable style roof that was made of roll composition. Lots of stucco were used in the construction of the exterior walls of the home. The home's floor/wall heating system is the primary heating source. 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, 8510 Walnut Drive was last sold in Sep 22, 2021 for $1,165,000. According to our calculations, that's $1,014.81 per sqft. Prior to that sales transaction, the property was sold for $635,000 in Mar 5, 2013. Current property owners are expected to pay $13,829 in taxes per year. The property on 8510 Walnut Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,188,300. To break that down further, the land itself was valued at $950,640. While improvements to the property were assessed at a total of $237,660. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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

Parking

Carport
Covered Parking

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Roll composition
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 2,999
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 300
  • Total Building Area: 1,148
  • Building Area: 1,148
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,148
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 798
  • Land Acres: 0.069
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 798 LOT/SEC 263

Ownership

  • Current Owner : AKOUNOU MERCEDES LEE
  • Previous Owner : MCHUGH MICHEL J
  • Owner Before Previous Owner: OB CAPITAL FUND II LP
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

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

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 33-E3
  • Subdivision Tract Number: 798
  • Parcel: 5556-012-016
  • Lot: 263
  • Municipality: WEST /MOUNT OLYMPUS
  • Latitude: 34.1047
  • Longitude: -118.377

    Address

  • Full Address: 8510 Walnut Dr
  • Address - House Number: 8510
  • Address - Street Name: Walnut
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C026
  • 4-Digit Zip Code: 1950
  • Zip Code: 90046

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,829
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2263
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 1,530,444
  • High Value: 1,876,901
  • Low Value: 1,183,986

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $932,000
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Oct 28, 2021
  • First Open Lien Mortgage Loan Amount: $932,000
  • 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: Nov 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,188,300
  • Assessed Land Value: $950,640
  • Assessed Improvements Value: $237,660

    Sales

  • Current Sale Contract Date: Sep 22, 2021
  • Current Sale Recording Date: Oct 28, 2021
  • Current Sale Transaction ID: 11861651092
  • Current Sale Price: $1,165,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1622211
  • Previous Sale Recording Date: Apr 16, 2013
  • Previous Sale Contract Date: Mar 05, 2013
  • Previous Sale Amount: $635,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Oct 28, 2021
  • First Mortgage Loan Amount: $932,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FIRST CAPITAL
  • Previous Mortgage Transaction Date: Apr 16, 2013
  • Previous Mortgage Loan Amount: $508,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2043

About West Los Angeles



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Frequently Asked Questions

What neighborhood is 8510 Walnut Drive located in?
The 8510 Walnut Drive is a house located in the neighborhood of Bel Air-Beverly Crest in West Los Angeles, Los Angeles.
What is the average sales price for listings in 8510 Walnut Drive?
The average sales price for units in 8510 Walnut Drive is $1,145,000 , or $997/sqft. currently.

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