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8938 West Pico Boulevard

8938 West Pico Boulevard, Los Angeles, CA 90035
Property in South Robertson
1 Units For Sale
Unit for sale at 8938 W Pico Blvd, Los Angeles, CA 90035

$2,700,000 In Contract

  • Commercial
8938 W Pico Blvd, Los Angeles, CA 90035 Listing by Michael R. Fukushima

Local assessors in Los Angeles, CA have categorized 8938 West Pico Boulevard as a commercial type of property. The home was built in 1948 and is 76 years old. The property's lot size has been calculated to be 3,840 square feet. 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 8938 West Pico Boulevard has a total of 1,920 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. 8938 West Pico Boulevard is a 3 code building. This code stands for "buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame". 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 masonry 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. Residents rely on no air conditioning for their cooling system. 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, 8938 West Pico Boulevard was last sold in Nov 30, 2023 for $2,225,000. According to our calculations, that's $1,158.85 per sqft. Current property owners are expected to pay $8,670 in taxes per year. The property on 8938 West Pico Boulevard was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $689,897. To break that down further, the land itself was valued at $551,932. While improvements to the property were assessed at a total of $137,965. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.

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: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: C
  • Construction Type: Masonry
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,840
  • Total Building Area: 1,920
  • Gross Building Area: 1,920
  • Building Area: 1,920
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,920
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Exterior non-combustible materials/Interior combustible materials
  • Property Class: Commercial
  • Subdivision: 6834
  • Land Acres: 0.088
  • Standard Land Use Code: Store (multi-story)
  • County Land Use Code: Residential income (general) (multi-family)
  • Legal Description 1: TRACT # 6834 LOT/SEC 73

Ownership

  • Current Owner : 8938 W PICO BLVD LLC
  • Previous Owner : WALL STREET PROPERTIES LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 217001

Zoning

  • Zoning: LAC4

Geography

  • Assessors Map Reference: 42-D2
  • Subdivision Tract Number: 6834
  • Parcel: 4305-013-022
  • Lot: 73
  • Municipality: WEST /PALMS/RANCHO PK
  • Latitude: 34.055
  • Longitude: -118.387

    Address

  • Full Address: 8938 W Pico Blvd
  • Address - House Number: 8938
  • Street Direction: W
  • Address - Street Name: Pico
  • Address - Suffix Type: Blvd
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C045
  • 4-Digit Zip Code: 3334
  • Zip Code: 90035

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,670
  • Tax Rate Code Area: 00-067

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $689,897
  • Assessed Land Value: $551,932
  • Assessed Improvements Value: $137,965

    Sales

  • Current Sale Contract Date: Nov 30, 2023
  • Current Sale Recording Date: Dec 28, 2023
  • Current Sale Transaction ID: 11918541112
  • Current Sale Price: $2,225,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 913221

About West Los Angeles



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Frequently Asked Questions

What neighborhood is 8938 West Pico Boulevard located in?
The 8938 West Pico Boulevard is a located in the neighborhood of South Robertson in West Los Angeles, Los Angeles.
How many listings are currently for sale in 8938 West Pico Boulevard?
There is a listing currently on the market for sale.
What is the average sales price for listings in 8938 West Pico Boulevard?
The average sales price for units in 8938 West Pico Boulevard is $2,700,000 currently.

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