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8515 Edwin Drive

8515 Edwin Drive, Los Angeles, CA 90046
Sold Mar 04, 2016
$2,137,500
$800,000 by Wells Fargo Bank Na
Mortgage Due Apr 01, 2046
Sold Jul 29, 2005
$1,695,000
$1,000,000 by Metrociti Mortgage Llc
Mortgage Due Aug 01, 2035
Local assessors in Los Angeles, CA have categorized 8515 Edwin Drive as a residential type of property. The home was built in 1962 and is 62 years old. It was most recently renovated and altered in 1963. The property's lot size has been calculated to be 14,413 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 970 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 17 rooms in the home. Of these, 6 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 5 full bathrooms. There are also 5 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 8515 Edwin Drive has a total of 3,448 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. 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 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 - A. The building has a gable style roof that was made of gravel/rock. 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 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. The property was last sold in Feb 19, 2016 for $2,137,500. That's $619.92 per sqft. Prior to that sales transaction, the property was also sold in Jun 6, 2005 for $1,695,000. 8515 Edwin Drive was last assessed in 2023. The total value of the property was assessed at $2,432,104. Specifically, the land the property is located on was valued at $1,945,685. While improvements on the property were assessed at a total of $486,419. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $28,655. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 17
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Condition: Good
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 14,413
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 970
  • Total Building Area: 3,448
  • Building Area: 3,448
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,448
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 25690
  • Land Acres: 0.331
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 25690 LOT/SEC 32

Ownership

  • Current Owner : LIEBERMAN EVANGELIA
  • Current Owner 2: THE LIEBERMAN FAMILY TRUST
  • Previous Owner : MACKIE ROBERT G
  • Previous Owner 2: THE BOB MACKIE TRUST
  • Owner Before Previous Owner: SAEED YAWAR
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 261103

Zoning

  • Zoning: LARE15

Geography

  • Assessors Map Reference: 33-D1
  • Subdivision Tract Number: 25690
  • Parcel: 5565-044-006
  • Lot: 32
  • Municipality: WEST /MOUNT OLYMPUS
  • Latitude: 34.121
  • Longitude: -118.386

    Address

  • Full Address: 8515 Edwin Dr
  • Address - House Number: 8515
  • Address - Street Name: Edwin
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C036
  • 4-Digit Zip Code: 1027
  • Zip Code: 90046

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $28,655
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.205
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 72
  • Final Value: 3,125,564
  • High Value: 3,766,400
  • Low Value: 2,484,728

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $800,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Mar 04, 2016
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • 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: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2046

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,432,104
  • Assessed Land Value: $1,945,685
  • Assessed Improvements Value: $486,419

    Sales

  • Current Sale Contract Date: Feb 19, 2016
  • Current Sale Recording Date: Mar 04, 2016
  • Current Sale Transaction ID: 1448947303
  • Current Sale Price: $2,137,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 16-0238665
  • Previous Sale Recording Date: Jul 29, 2005
  • Previous Sale Contract Date: Jun 06, 2005
  • Previous Sale Amount: $1,695,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Mar 04, 2016
  • First Mortgage Loan Amount: $800,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Apr 01, 2046

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: METROCITI MORTGAGE LLC
  • Previous Mortgage Transaction Date: Jul 29, 2005
  • Previous Mortgage Loan Amount: $1,000,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Aug 01, 2035

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Frequently Asked Questions

What neighborhood is 8515 Edwin Drive located in?
The 8515 Edwin Drive is a located in the neighborhood of Bel Air-Beverly Crest in West Los Angeles, Los Angeles.
What is the average sales price for listings in 8515 Edwin Drive?
The average sales price for units in 8515 Edwin Drive is $0 currently.

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