5036 West Pico Boulevard

5036 West Pico Boulevard has been categorized by the local assessors in Los Angeles, CA as a commercial type of property. The building on the property was first built in 1930 and is 94 years old. However, we must point out that the home was most recently renovated and altered in 1948. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5036 West Pico Boulevard has 5,760 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 1,300 ft and across the front of the lot is 490 ft. The area measurement of the land has been determined as 6,181 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We know that this is 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". 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 masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a flat style roof made of roll composition. 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, 5036 West Pico Boulevard sold most recently in Jun 22, 2016 for a total of $2,552,000. If you work out the math, that's approximately a cost of $443.06 per sqft. Before that, the property was also sold for $278,000 in Jun 27, 2016. 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 $33,990 in taxes each year. 5036 West Pico Boulevard was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,903,735. If we break it down further, the land itself was valued at $2,503,222. Improvements to the property, however, were assessed at a total of $400,513. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.