NOT LISTED FOR SALE

8525 W Pico Blvd Unit 503 Los Angeles, CA 90035

Pico-Robertson Neighborhood

Estimated Value: $35,381,076

51 Beds
71 Baths
695 Sq Ft
$50,908/Sq Ft Est. Value

About This Home

This home is located at 8525 W Pico Blvd Unit 503, Los Angeles, CA 90035 and is currently estimated at $35,381,076, approximately $50,908 per square foot. 8525 W Pico Blvd Unit 503 is a home located in Los Angeles County with nearby schools including Carthay Center Elementary School, Fairfax High School, and Ralph Waldo Emerson Community Charter Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2016
Sold by
8525 Pico Llc
Bought by
Eretz Properties Lp
Current Estimated Value
$35,381,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,585,000
Outstanding Balance
$10,847,958
Interest Rate
3.92%
Mortgage Type
Commercial
Estimated Equity
$24,533,118

Purchase Details

Closed on
Apr 20, 2005
Sold by
Westminster Properties Inc
Bought by
8525 Pico Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,775,000
Interest Rate
6.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 15, 2003
Sold by
Ocean Light Inc
Bought by
Westminster Properties Inc

Purchase Details

Closed on
Jul 24, 2002
Sold by
Starving Students Inc
Bought by
Ocean Light Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.43%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Eretz Properties Lp $22,400,000 First American Title Ins Co
8525 Pico Llc -- Chicago Title
Westminster Properties Inc -- Chicago Title Co
Ocean Light Inc $1,665,000 Chicago Title
Starving Students Inc -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eretz Properties Lp $13,585,000
Previous Owner 8525 Pico Llc $2,775,000
Previous Owner Ocean Light Inc $195,000
Closed Ocean Light Inc $1,333,300
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $316,994 $26,517,064 $19,414,281 $7,102,783
2024 $316,994 $25,997,122 $19,033,609 $6,963,513
2023 $310,791 $25,487,375 $18,660,401 $6,826,974
2022 $296,242 $24,987,623 $18,294,511 $6,693,112
2021 $292,523 $24,497,671 $17,935,796 $6,561,875
2019 $283,700 $23,787,232 $17,403,811 $6,383,421
2018 $282,959 $23,315,279 $17,062,560 $6,252,719
2016 $194,578 $15,983,381 $4,356,741 $11,626,640
2015 $191,935 $15,743,297 $4,291,299 $11,451,998
2014 $192,934 $15,434,909 $4,207,239 $11,227,670
Source: Public Records

Map

California Los Angeles County Los Angeles 90035 Pico-Robertson

8525 W Pico Blvd Unit 503, Los Angeles, CA

This home is located at 8525 W Pico Blvd Unit 503, Los Angeles, CA 90035 and is currently estimated at $35,381,076, approximately $50,908 per square foot. 8525 W Pico Blvd Unit 503 is a home located in Los Angeles County with nearby schools including Carthay Center Elementary School, Fairfax High School, and Ralph Waldo Emerson Community Charter Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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