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9051 Lucerne Avenue

9051 Lucerne Avenue, Culver City, CA 90232
Multifamily in Lucerne-Higuera
Sold Sep 17, 2019
$1,300,000
$1,800,000 by Velocity Commercial Capital Ll
Mortgage
9051 Lucerne Avenue in Culver City, CA was first built in 1923 and is 101 years old. Although, the building on the property was most recently renovated and altered in 1925. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a Spanish style. It is a single story home. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 9051 Lucerne Avenue has 1,648 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 440 ft and the linear feet between the front and back of the lot is 1,350. In total, the area measurement of the land is 5,945 square feet.

Learn more about the property and building on this page. The home has a flat style roof made of roll composition. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The exterior walls of the home are made of stucco. As for heating, the home is utilizing floor/wall heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 9051 Lucerne Avenue sold most recently in Aug 28, 2019 for a total of $1,300,000. If you work out the math, that's approximately a cost of $788.83 per sqft. 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 $15,513 in taxes each year. The initial year of tax delinquency occurred in 2019. 9051 Lucerne Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,366,528. If we break it down further, the land itself was valued at $1,093,224. Improvements to the property, however, were assessed at a total of $273,304. The property's total assessed value has been marked as more than the total market value which is pretty atypical. 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.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

Condition

New Construction

Parking

Carport

Driveway

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

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Spanish
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Flat
  • Roof Cover Type: Roll composition
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,945
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 440
  • Total Building Area: 1,648
  • Building Area: 1,648
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,648
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 4419
  • Land Acres: 0.137
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 4419 LOT/SEC 136

Ownership

  • Current Owner : IRCJ HOLDINGS LLC
  • Previous Owner : OLSON YVETTE R
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jan 06, 2024

Neighborhood

  • School District Name: Culver City Unified School District
  • Census Tract: 702400

Zoning

  • Zoning: CCR2YY

Geography

  • Assessors Map Reference: 42-D6
  • Subdivision Tract Number: 4419
  • Parcel: 4206-009-028
  • Lot: 136
  • Municipality: WEST /CULVER CITY
  • Latitude: 34.022
  • Longitude: -118.387

    Address

  • Full Address: 9051 Lucerne Ave
  • Address - House Number: 9051
  • Address - Street Name: Lucerne
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Culver City
  • Carrier Code: C009
  • 4-Digit Zip Code: 2514
  • Zip Code: 90232

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,513
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 03-170

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 96
  • Final Value: 2,066,933
  • High Value: 2,206,993
  • Low Value: 1,926,873

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,875,000
  • First Open Lien Mortgage Lender: VELOCITY COMMERCIAL CAPITAL LL
  • First Open Lien Mortgage Recording Date: Sep 17, 2019
  • First Open Lien Mortgage Loan Amount: $1,800,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • Second Open Lien Mortgage Lender: LEENESS LLC
  • Second Open Lien Mortgage Recording Date: Oct 08, 2019
  • Second Open Lien Mortgage Loan Amount: $75,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,366,528
  • Assessed Land Value: $1,093,224
  • Assessed Improvements Value: $273,304

    Sales

  • Current Sale Contract Date: Aug 28, 2019
  • Current Sale Recording Date: Sep 17, 2019
  • Current Sale Transaction ID: 11645963435
  • Current Sale Price: $1,300,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19-0965803

    Last Sale Mortgage

  • First Mortgage Lender: VELOCITY COMMERCIAL CAPITAL LL
  • First Mortgage Transaction Date: Sep 17, 2019
  • First Mortgage Loan Amount: $1,800,000

About Lucerne-Higuera



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Frequently Asked Questions

What neighborhood is 9051 Lucerne Avenue located in?
The 9051 Lucerne Avenue is a multifamily located in the neighborhood of Lucerne-Higuera in Lucerne-Higuera, Culver City.
What is the average sales price for listings in 9051 Lucerne Avenue?
The average sales price for units in 9051 Lucerne Avenue is $0 currently.

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