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123 Park Place

123 Park Place, Venice, CA 90291
Multifamily in Venice Beach
1 Units For Sale
Unit for sale at 123 Park Pl, Venice, CA 90291

$1,950,000

  • 2 Beds
123 Park Pl, Venice, CA 90291 Listing by Michelle Nissani

Local assessors in Venice, CA have categorized 123 Park Place as a unknown type of property. The home was built in 1965 and is 59 years old. It was most recently renovated and altered in 1970. The property's lot size has been calculated to be 2,250 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 4 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 123 Park Place has a total of 2,008 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. 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 unknown 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 - unknown. Residents rely on unknown for their cooling system. 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, 123 Park Place sold most recently in Apr 18, 2013 for a total of $1,100,000. If you work out the math, that's approximately a cost of $547.81 per sqft. Before that, the property was also sold for $429,000 in Oct 4, 1999. 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 $15,118 in taxes each year. The initial year of tax delinquency occurred in 2019. 123 Park Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,296,079. If we break it down further, the land itself was valued at $1,060,432. Improvements to the property, however, were assessed at a total of $235,647. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation.

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: 1965
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Living Units: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,250
  • Total Building Area: 2,008
  • Gross Building Area: 2,008
  • Building Area: 2,008
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,008
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: TRACT OCEAN PARKPLACE
  • Land Acres: 0.052
  • Legal Description 1: OCEAN PARK PLACE LOT/SEC 51

Ownership

  • Current Owner : NUTESH LLC
  • Previous Owner : DIAZ RUIZ ANA
  • Owner Before Previous Owner: STEFFEN BROWN MARIE
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 273403

Zoning

  • Zoning: LARD1.5

Geography

  • Assessors Map Reference: 49-B4
  • Parcel: 4286-014-022
  • Lot: 51
  • Municipality: WEST /VENICE RES INC
  • Latitude: 33.9926
  • Longitude: -118.475

    Address

  • Full Address: 123 Park Pl
  • Address - House Number: 123
  • Address - Street Name: Park
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: Venice
  • Carrier Code: C005
  • 4-Digit Zip Code: 3286
  • Zip Code: 90291

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,118
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.0678
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 96
  • Final Value: 1,778,881
  • High Value: 1,899,585
  • Low Value: 1,658,178

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,296,079
  • Assessed Land Value: $1,060,432
  • Assessed Improvements Value: $235,647

    Sales

  • Current Sale Contract Date: Apr 18, 2013
  • Current Sale Recording Date: Jul 03, 2013
  • Current Sale Transaction ID: 1031741107
  • Current Sale Price: $1,100,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 13-0985409
  • Previous Sale Recording Date: Oct 29, 1999
  • Previous Sale Contract Date: Oct 04, 1999
  • Previous Sale Amount: $429,000
  • Previous Sale Document Type: unknown

    Previous Mortgages

  • Previous Mortgage Lender: PFF BANK & TRUST
  • Previous Mortgage Transaction Date: Oct 29, 1999
  • Previous Mortgage Financing Type: unknown
  • Previous Mortgage Loan Amount: $343,200
  • Previous Mortgage Term: 480
  • Previous Mortgage Loan Due Date: Nov 01, 2039

About West Los Angeles



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Frequently Asked Questions

What neighborhood is 123 Park Place located in?
The 123 Park Place is a multifamily located in the neighborhood of Venice Beach in West Los Angeles, Venice.
How many listings are currently for sale in 123 Park Place?
There is one unit for sale right now.
What is the average sales price for listings in 123 Park Place?
The average sales price for units in 123 Park Place is $1,950,000 currently.

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