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16 Park Avenue

16 Park Avenue, Venice, CA 90291
Sold Mar 24, 2017
$3,210,000
$2,568,000 by Bank Of America Na
Mortgage Due Apr 01, 2032
Sold Mar 24, 2014
$2,800,028
$1,400,000 by Bank Of America Na
Mortgage Due Apr 01, 2044
16 Park Avenue has been categorized by the local assessors in Venice, CA as a residential type of property. The building on the property was first built in 1906 and is 118 years old. However, we must point out that the home was most recently renovated and altered in 1914. The home has a total of 3 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. In addition, 16 Park Avenue has 4,110 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 4,809 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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 wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a central heating system. The property was last sold in Feb 27, 2017 for $3,210,000. That's $781.02 per sqft. Prior to that sales transaction, the property was also sold in Dec 24, 2013 for $2,800,028. 16 Park Avenue was last assessed in 2023. The total value of the property was assessed at $3,962,409. Specifically, the land the property is located on was valued at $2,231,037. While improvements on the property were assessed at a total of $1,731,372. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $45,759. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1906
  • Effective Year Built: 1914
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,809
  • Total Building Area: 4,110
  • Gross Building Area: 4,110
  • Building Area: 4,110
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 4,110
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GOLDEN BAY TRACT
  • Land Acres: 0.11
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: GOLDEN BAY TRACT LOT 1 AND SW 10 FT MEASURED ON NW AND SE LINES OF LOT/SEC 3 BLK/DIV/TWN 8

Ownership

  • Current Owner : XYZ RENT 9 LLC
  • Previous Owner : LUCAS DALLAS E
  • Owner Before Previous Owner: SHELLER JOHN W
  • 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: 4286-025-001
  • Block: 8
  • Lot: 1
  • Municipality: WEST /VENICE RES INC
  • Latitude: 33.9915
  • Longitude: -118.477

    Address

  • Full Address: 16 Park Ave
  • Address - House Number: 16
  • Address - Street Name: Park
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Venice
  • Carrier Code: C005
  • 4-Digit Zip Code: 3222
  • Zip Code: 90291

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $45,759
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 96
  • Final Value: 5,436,666
  • High Value: 5,805,009
  • Low Value: 5,068,323

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,568,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Mar 24, 2017
  • First Open Lien Mortgage Loan Amount: $2,568,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2032

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,962,409
  • Assessed Land Value: $2,231,037
  • Assessed Improvements Value: $1,731,372

    Sales

  • Current Sale Contract Date: Feb 27, 2017
  • Current Sale Recording Date: Mar 24, 2017
  • Current Sale Transaction ID: 1806420866
  • Current Sale Price: $3,210,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 17-0334970
  • Previous Sale Recording Date: Mar 24, 2014
  • Previous Sale Contract Date: Dec 24, 2013
  • Previous Sale Amount: $2,800,028
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Mar 24, 2017
  • First Mortgage Loan Amount: $2,568,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2032

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Mar 24, 2014
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $1,400,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Apr 01, 2044

About West Los Angeles



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Frequently Asked Questions

What neighborhood is 16 Park Avenue located in?
The 16 Park Avenue is a house located in the neighborhood of Venice Beach in West Los Angeles, Venice.
What is the average sales price for listings in 16 Park Avenue?
The average sales price for units in 16 Park Avenue is $0 currently.

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