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8875 Venice Boulevard

8875 Venice Boulevard, Los Angeles, CA 90034
Property in South Robertson
Local assessors in Los Angeles, CA have categorized 8875 Venice Boulevard as a commercial type of property. The home was built in 1954 and is 70 years old. The property's lot size has been calculated to be 2,124 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, 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 are 2 full bathrooms. There are also 2 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 8875 Venice Boulevard has a total of 1,869 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. 8875 Venice Boulevard is a 4 code building. This code stands for "buildings that have wood or wood and steel frames.". 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 gable style roof that was made of composition shingle. 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 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, 8875 Venice Boulevard was last sold in Dec 17, 2021 for $1,130,000. According to our calculations, that's $604.60 per sqft. Prior to that sales transaction, the property was sold for $1,130,000 in Dec 27, 2021. Current property owners are expected to pay $4,670 in taxes per year. The property on 8875 Venice Boulevard was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,152,600. To break that down further, the land itself was valued at $1,025,100. While improvements to the property were assessed at a total of $127,500. 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.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • 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: 0

    Dimensions

  • Lot Size Square Feet: 2,124
  • Total Building Area: 1,869
  • Gross Building Area: 1,869
  • Building Area: 1,869
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,869
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Commercial
  • Subdivision: 5500
  • Land Acres: 0.049
  • Standard Land Use Code: Retail/residential (mixed use)
  • Legal Description 1: TRACT # 5500 EX OF ST LOT/SEC 240

Ownership

  • Current Owner : CHAUDHRY ATIF JAVED
  • Previous Owner : ROBERT E CLARK AND DEBRA CLARK FAMILY TR
  • Owner Before Previous Owner: CLARK ROBERT E
  • Owner Before Previous Owner 2: CLARK DEBRA
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 270200

Zoning

  • Zoning: LAC2

Geography

  • Assessors Map Reference: 42-D5
  • Subdivision Tract Number: 5500
  • Parcel: 4312-009-020
  • Lot: 240
  • Municipality: WEST /CULVER CITY
  • Latitude: 34.0301
  • Longitude: -118.388

    Address

  • Full Address: 8875 Venice Blvd
  • Address - House Number: 8875
  • Address - Street Name: Venice
  • Address - Suffix Type: Blvd
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C042
  • 4-Digit Zip Code: 3222
  • Zip Code: 90034

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,670
  • Tax Rate Code Area: 00-067

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $2,700,000
  • First Open Lien Mortgage Lender: COMERICA BANK
  • First Open Lien Mortgage Recording Date: Apr 03, 2024
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $2,300,000
  • 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: Apr 03, 2054
  • Second Open Lien Mortgage Lender: BRONZETREE TERRACES LLC
  • Second Open Lien Mortgage Recording Date: Jan 11, 2022
  • Second Open Lien Mortgage Loan Amount: $400,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Commercial
  • Second Open Lien Mortgage Loan Due Date: Jan 11, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,152,600
  • Assessed Land Value: $1,025,100
  • Assessed Improvements Value: $127,500

    Sales

  • Current Sale Contract Date: Dec 17, 2021
  • Current Sale Recording Date: Jan 11, 2022
  • Current Sale Transaction ID: 11887857425
  • Current Sale Price: $1,130,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 39617
  • Previous Sale Recording Date: Jan 11, 2022
  • Previous Sale Contract Date: Dec 27, 2021
  • Previous Sale Amount: $1,130,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIVATE MORTGAGE FUND LLC
  • First Mortgage Transaction Date: Jan 11, 2022
  • First Mortgage Loan Amount: $678,000
  • First Mortgage Terms: 6
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Aug 01, 2022
  • Second Mortgage Loan Amount: $400,000

    Previous Mortgages

  • Previous Mortgage Lender: PRIVATE MORTGAGE FUND LLC
  • Previous Mortgage Transaction Date: Jan 11, 2022
  • Previous Mortgage Loan Amount: $678,000
  • Previous Mortgage Term: 6
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Aug 01, 2022

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Frequently Asked Questions

What neighborhood is 8875 Venice Boulevard located in?
The 8875 Venice Boulevard is a located in the neighborhood of South Robertson in West Los Angeles, Los Angeles.
What is the average sales price for listings in 8875 Venice Boulevard?
The average sales price for units in 8875 Venice Boulevard is $0 currently.

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