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8871 Cattaraugus Avenue

8871 Cattaraugus Avenue, Los Angeles, CA 90034
Sold Jul 01, 2021
$1,500,000
$912,000 by Morgan Stanley Private Bank Na
Mortgage Due Nov 01, 2051
Sold Aug 20, 2020
$1,348,000
$765,600 by Lendus Llc
Mortgage Due Sep 01, 2050
8871 Cattaraugus Avenue has been categorized by the local assessors in Los Angeles, CA as a residential type of property. The building on the property was first built in 1947 and is 77 years old. However, we must point out that the home was most recently renovated and altered in 1953. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 8871 Cattaraugus Avenue has 1,673 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 850 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 4,251 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. According to our sources, there is one available parking space. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing floor/wall heating system. There is a single fireplace in the home. Perfect for those wintery nights. 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, 8871 Cattaraugus Avenue sold most recently in Jun 26, 2021 for a total of $1,500,000. If you work out the math, that's approximately a cost of $896.59 per sqft. Before that, the property was also sold for $1,348,000 in Jul 1, 2020. 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 $17,805 in taxes each year. 8871 Cattaraugus Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,530,000. If we break it down further, the land itself was valued at $1,109,964. Improvements to the property, however, were assessed at a total of $420,036. The property's total assessed value has been marked as more than the total market value 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!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

Garage Parking

Exterior

Stucco Exterior

Driveway

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

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1953
  • Building Count: 2
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,251
  • Lot Size Depth Feet: 850
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,673
  • Building Area: 1,673
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,673
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 5900
  • Land Acres: 0.098
  • Standard Land Use Code: Single family residential
  • Legal Description 1: *TR=5900*LOTS 26 AND LOT/SEC 27

Ownership

  • Current Owner : NEW VIEW VENTURES LLC
  • Previous Owner : VAZ GARRETT
  • Previous Owner 2: VAZ WEN JIA
  • Owner Before Previous Owner: JAIN ROHIT K
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 269700

Zoning

  • Zoning: LARD2

Geography

  • Assessors Map Reference: 42-D5
  • Subdivision Tract Number: 5900
  • Parcel: 4301-011-020
  • Lot: 26
  • Municipality: WEST /BEVERLYWOOD
  • Latitude: 34.0344
  • Longitude: -118.387

    Address

  • Full Address: 8871 Cattaraugus Ave
  • Address - House Number: 8871
  • Address - Street Name: Cattaraugus
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C032
  • 4-Digit Zip Code: 2520
  • Zip Code: 90034

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $17,805
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2245
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,674,922
  • High Value: 2,051,073
  • Low Value: 1,298,771

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $912,000
  • First Open Lien Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • First Open Lien Mortgage Recording Date: Nov 02, 2021
  • First Open Lien Mortgage Loan Amount: $912,000
  • 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: $1,530,000
  • Assessed Land Value: $1,109,964
  • Assessed Improvements Value: $420,036

    Sales

  • Current Sale Contract Date: Jun 26, 2021
  • Current Sale Recording Date: Jul 01, 2021
  • Current Sale Transaction ID: 11841678240
  • Current Sale Price: $1,500,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1032925
  • Previous Sale Recording Date: Aug 20, 2020
  • Previous Sale Contract Date: Jul 01, 2020
  • Previous Sale Amount: $1,348,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: LENDUS LLC
  • Previous Mortgage Transaction Date: Aug 20, 2020
  • Previous Mortgage Loan Amount: $765,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2050

About West Los Angeles



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$2,920 /mo

  • 2 Beds
  • 2 Baths
  • 1,100 ft²
Listing by Gail Green

Frequently Asked Questions

What neighborhood is 8871 Cattaraugus Avenue located in?
The 8871 Cattaraugus Avenue is a house located in the neighborhood of Reynier Village in West Los Angeles, Los Angeles.
What is the average sales price for listings in 8871 Cattaraugus Avenue?
The average sales price for units in 8871 Cattaraugus Avenue is $0 currently.

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