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8638 Franklin Avenue

8638 Franklin Avenue, West Hollywood, CA 90069
Sold May 12, 2017
$2,550,000
Sold Mar 12, 2013
$1,150,000
Buyer
$610,588 by Farmers & Mechanics Bank
Mortgage Due Mar 07, 2014
8638 Franklin Avenue in West Hollywood, CA was first built in 1954 and is 70 years old. Although, the building on the property was most recently renovated and altered in 2000. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a modern style. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 8638 Franklin Avenue has 2,379 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 790 ft and the linear feet between the front and back of the lot is 700. In total, the area measurement of the land is 5,654 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a spa or hot tub but no pool on the property. The home has a flat style roof made of gravel/rock. Water for the property is sourced from a municipal system. For those who need parking, there is a garage. There are a total of 2 available parking spaces. 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 C. The condition of the building has been evaluated as good. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a central 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, 8638 Franklin Avenue sold most recently in Apr 25, 2017 for a total of $2,550,000. If you work out the math, that's approximately a cost of $1,071.88 per sqft. Before that, the property was also sold for $1,150,000 in Feb 26, 2013. 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 $33,818 in taxes each year. 8638 Franklin Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,844,568. If we break it down further, the land itself was valued at $2,152,167. Improvements to the property, however, were assessed at a total of $692,401. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Modern
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Flat
  • Roof Cover Type: Gravel/rock
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2
  • Pool Type: Spa or hot tub (only)

    Dimensions

  • Lot Size Square Feet: 5,654
  • Lot Size Depth Feet: 700
  • Lot Size Frontage Feet: 790
  • Total Building Area: 2,379
  • Building Area: 2,379
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 2,379
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 8500
  • Land Acres: 0.13
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 8500 LOT/SEC 183

Ownership

  • Current Owner : CALIFORNIA DEVELOPERS LLC
  • Previous Owner : BADY SEP
  • Owner Before Previous Owner: ALISE KIMBERLY
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 194200

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 33-D3
  • Subdivision Tract Number: 8500
  • Parcel: 5558-020-021
  • Lot: 183
  • Municipality: WEST /HOLLYWOOD HILS
  • Latitude: 34.0998
  • Longitude: -118.378

    Address

  • Full Address: 8638 Franklin Ave
  • Address - House Number: 8638
  • Address - Street Name: Franklin
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C015
  • 4-Digit Zip Code: 1408
  • Zip Code: 90069

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $33,818
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2315
  • Valuation Date: Aug 30, 2023
  • Confidence Score: 67
  • Final Value: 3,022,048
  • High Value: 3,721,662
  • Low Value: 2,322,435

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,844,568
  • Assessed Land Value: $2,152,167
  • Assessed Improvements Value: $692,401

    Sales

  • Current Sale Contract Date: Apr 25, 2017
  • Current Sale Recording Date: May 12, 2017
  • Current Sale Transaction ID: 1811648870
  • Current Sale Price: $2,550,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 17-0533780
  • Previous Sale Recording Date: Mar 12, 2013
  • Previous Sale Contract Date: Feb 26, 2013
  • Previous Sale Amount: $1,150,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FARMERS & MERCHANTS BANK
  • First Mortgage Transaction Date: May 12, 2017
  • First Mortgage Loan Amount: $2,040,000
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: May 09, 2027

    Previous Mortgages

  • Previous Mortgage Lender: FARMERS & MECHANICS BANK
  • Previous Mortgage Transaction Date: Mar 12, 2013
  • Previous Mortgage Loan Amount: $610,588
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 07, 2014

About West Los Angeles



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Frequently Asked Questions

What neighborhood is 8638 Franklin Avenue located in?
The 8638 Franklin Avenue is a located in the neighborhood of Bel Air-Beverly Crest in West Los Angeles, West Hollywood.
What is the average sales price for listings in 8638 Franklin Avenue?
The average sales price for units in 8638 Franklin Avenue is $0 currently.

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