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1517 Cabrillo Avenue

1517 Cabrillo Avenue, Venice, CA 90291
Property in Windward Circle
Sold Feb 11, 2021
$1,790,000
$1,432,000 by Sprout Mortgage Llc
Mortgage Due Mar 01, 2051
Sold Jun 09, 1998
$295,000
$236,000 by Washington Mutual Bank Fa
Mortgage Due Jul 01, 2028
Local assessors in Venice, CA have categorized 1517 Cabrillo Avenue as a residential type of property. The home was built in 1921 and is 103 years old. The property's lot size has been calculated to be 2,550 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. 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, 3 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 2 full bathrooms. There are also 2 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 1517 Cabrillo Avenue has a total of 952 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 wood 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 - C. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. 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, 1517 Cabrillo Avenue sold most recently in Dec 15, 2020 for a total of $1,790,000. If you work out the math, that's approximately a cost of $1,880.25 per sqft. Before that, the property was also sold for $295,000 in May 5, 1998. 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 $21,464 in taxes each year. The initial year of tax delinquency occurred in 2020. 1517 Cabrillo Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,862,315. If we break it down further, the land itself was valued at $1,489,852. Improvements to the property, however, were assessed at a total of $372,463. 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. 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: 1921
  • Effective Year Built: 1921
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,550
  • Total Building Area: 952
  • Building Area: 952
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 952
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VENICE OF AMERICA TRACT
  • Land Acres: 0.059
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: VENICE OF AMERICA LOT/SEC 7 BLK/DIV/TWN 22

Ownership

  • Current Owner : WALSH RYAN
  • Previous Owner : MEYER KATYA
  • Previous Owner 2: MEYER ANDREA
  • Owner Before Previous Owner: ROSSER NANCY
  • Owner Before Previous Owner 2: WEINSTOCK EDWARD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 273502

Zoning

  • Zoning: LARD1.5

Geography

  • Assessors Map Reference: 49-C4
  • Parcel: 4238-005-020
  • Block: 22
  • Lot: 7
  • Municipality: WEST /VENICE RES INC
  • Latitude: 33.9899
  • Longitude: -118.465

    Address

  • Full Address: 1517 Cabrillo Ave
  • Address - House Number: 1517
  • Address - Street Name: Cabrillo
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Venice
  • Carrier Code: C046
  • 4-Digit Zip Code: 3709
  • Zip Code: 90291

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $21,464
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2254
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 2,170,170
  • High Value: 2,659,536
  • Low Value: 1,680,805

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,627,000
  • First Open Lien Mortgage Lender: SPROUT MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Feb 11, 2021
  • First Open Lien Mortgage Loan Amount: $1,432,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2051
  • Second Open Lien Mortgage Lender: PENTAGON FEDERAL CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Jul 21, 2022
  • Second Open Lien Mortgage Loan Amount: $195,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jul 26, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,862,315
  • Assessed Land Value: $1,489,852
  • Assessed Improvements Value: $372,463

    Sales

  • Current Sale Contract Date: Dec 15, 2020
  • Current Sale Recording Date: Feb 11, 2021
  • Current Sale Transaction ID: 11816567525
  • Current Sale Price: $1,790,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21-0241458
  • Previous Sale Recording Date: Jun 09, 1998
  • Previous Sale Contract Date: May 05, 1998
  • Previous Sale Amount: $295,000
  • Previous Sale Document Type: Individual Deed

    Last Sale Mortgage

  • First Mortgage Lender: SPROUT MORTGAGE LLC
  • First Mortgage Transaction Date: Feb 11, 2021
  • First Mortgage Loan Amount: $1,432,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Mar 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • Previous Mortgage Transaction Date: Jun 09, 1998
  • Previous Mortgage Loan Amount: $236,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jul 01, 2028

About West Los Angeles



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Frequently Asked Questions

What neighborhood is 1517 Cabrillo Avenue located in?
The 1517 Cabrillo Avenue is a located in the neighborhood of Windward Circle in West Los Angeles, Venice.
What is the average sales price for listings in 1517 Cabrillo Avenue?
The average sales price for units in 1517 Cabrillo Avenue is $0 currently.

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