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1642 Crescent Place

1642 Crescent Place, Venice, CA 90291
House in Milwood
Sold Aug 29, 2022
$2,430,000
$300,000 by First Republic Bank
Mortgage Due Sep 01, 2052
Sold Jul 12, 2021
$1,800,000
$1,440,000 by Mufg Union Bank Na
Mortgage Due Jul 01, 2051
1642 Crescent Place 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 1927 and is 97 years old. However, we must point out that the home was most recently renovated and altered in 1929. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1642 Crescent Place has 1,648 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 2,845 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a Tudor 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. According to our sources, there is one available parking space. Love to swim? You'll be excited to find out that there is a spa or hot tub but no pool on the property. 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 building has a gable style roof made of composition shingle. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing a central heating system. The property was last sold in Aug 9, 2022 for $2,430,000. That's $1,474.51 per sqft. Prior to that sales transaction, the property was also sold in May 17, 2021 for $1,800,000. 1642 Crescent Place was last assessed in 2023. The total value of the property was assessed at $2,430,000. Specifically, the land the property is located on was valued at $1,944,000. While improvements on the property were assessed at a total of $486,000. 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 $21,177. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1929
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Tudor
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1
  • Pool Type: Spa or hot tub (only)

    Dimensions

  • Lot Size Square Feet: 2,845
  • Lot Size Depth Feet: 700
  • Total Building Area: 1,648
  • Building Area: 1,648
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,648
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VENICE ANNEX
  • Land Acres: 0.065
  • Standard Land Use Code: Single family residential
  • Legal Description 1: VENICE ANNEX LOT/SEC 7 BLK/DIV/TWN 3

Ownership

  • Current Owner : HAFT SARAH R
  • Current Owner 2: GATTANELLA CHRISTOPHER
  • Previous Owner : JOSEPH BRANDMEYER
  • Previous Owner 2: JOSEPH MARK
  • Owner Before Previous Owner: LONDON SKY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 273600

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 49-C4
  • Subdivision Tract Number: 3
  • Parcel: 4241-014-008
  • Block: 3
  • Lot: 7
  • Municipality: WEST /OAKW/CENT VEN
  • Latitude: 33.9913
  • Longitude: -118.461

    Address

  • Full Address: 1642 Crescent Pl
  • Address - House Number: 1642
  • Address - Street Name: Crescent
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: Venice
  • Carrier Code: C007
  • 4-Digit Zip Code: 3821
  • Zip Code: 90291

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $21,177
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2336
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 67
  • Final Value: 2,462,836
  • High Value: 3,038,224
  • Low Value: 1,887,447

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Aug 29, 2022
  • First Open Lien Mortgage Loan Amount: $300,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,430,000
  • Assessed Land Value: $1,944,000
  • Assessed Improvements Value: $486,000

    Sales

  • Current Sale Contract Date: Aug 09, 2022
  • Current Sale Recording Date: Aug 29, 2022
  • Current Sale Transaction ID: 11895064377
  • Current Sale Price: $2,430,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 856815
  • Previous Sale Recording Date: Jul 12, 2021
  • Previous Sale Contract Date: May 17, 2021
  • Previous Sale Amount: $1,800,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST REPUBLIC BANK
  • First Mortgage Transaction Date: Aug 29, 2022
  • First Mortgage Loan Amount: $300,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: MUFG UNION BANK NA
  • Previous Mortgage Transaction Date: Jul 12, 2021
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $1,440,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2051

About West Los Angeles



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Frequently Asked Questions

What neighborhood is 1642 Crescent Place located in?
The 1642 Crescent Place is a house located in the neighborhood of Milwood in West Los Angeles, Venice.
What is the average sales price for listings in 1642 Crescent Place?
The average sales price for units in 1642 Crescent Place is $1,749,000 , or $1,061/sqft. currently.

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