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1620 Venice Boulevard

1620 Venice Boulevard, Venice, CA 90291
Property in East of Lincoln
Sold Oct 29, 2002
Transfer
$1,700,000 by Jpmorgan Chase Bank Na
Mortgage
Local assessors in Venice, CA have categorized 1620 Venice Boulevard as a residential type of property. The home was built in 1988 and is 36 years old. The property's lot size has been calculated to be 11,831 square feet. 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, 46 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 58 full bathrooms. There are also 58 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 1620 Venice Boulevard has a total of 24,106 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 - B. Residents rely on central air conditioning 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. Tax-wise, the current owner is expected to pay close to $74,125 in taxes each year. 1620 Venice Boulevard was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $6,209,172. If we break it down further, the land itself was valued at $1,392,089. Improvements to the property, however, were assessed at a total of $4,817,083. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Bedroom Count: 46
  • Bathroom Count: 58
  • Full Bathrooms: 58
  • Partial Bathrooms: 58
  • Building Quality: B
  • Construction Type: Wood
  • Living Units: 31
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,831
  • Total Building Area: 24,106
  • Gross Building Area: 24,106
  • Building Area: 24,106
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 24,106
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WALGROVE TRACT
  • Land Acres: 0.272
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Personal property general
  • Legal Description 1: WALGROVE TRACT LOT 5 AND LOT 6 BLK 10

Ownership

  • Current Owner : MUSEUM CENTER LLC
  • Previous Owner : VENICE WALGROVE LTD
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 273800

Zoning

  • Zoning: LAR4

Geography

  • Assessors Map Reference: 49-E3
  • Parcel: 4236-006-025
  • Block: 10
  • Lot: 5,6
  • Municipality: WEST /CULVER CITY
  • Latitude: 33.9968
  • Longitude: -118.446

    Address

  • Full Address: 1620 Venice Blvd
  • Address - House Number: 1620
  • Address - Street Name: Venice
  • Address - Suffix Type: Blvd
  • State: CA
  • City Name: Venice
  • Carrier Code: C012
  • 4-Digit Zip Code: 5927
  • Zip Code: 90291

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $74,125
  • Tax Rate Code Area: 00-067

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,700,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Jul 01, 2019
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $1,700,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,209,172
  • Assessed Land Value: $1,392,089
  • Assessed Improvements Value: $4,817,083

    Sales

  • Current Sale Contract Date: Aug 02, 2002
  • Current Sale Recording Date: Oct 29, 2002
  • Current Sale Transaction ID: 1008053774
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 02-2562880

    Last Sale Mortgage

  • First Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • First Mortgage Transaction Date: Oct 29, 2002
  • First Mortgage Loan Amount: $2,899,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Nov 01, 2032

    Financing

  • First Mortgage Financing Type: Variable

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Frequently Asked Questions

What neighborhood is 1620 Venice Boulevard located in?
The 1620 Venice Boulevard is a located in the neighborhood of East of Lincoln in West Los Angeles, Venice.
What is the average sales price for listings in 1620 Venice Boulevard?
The average sales price for units in 1620 Venice Boulevard is $0 currently.

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