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1686 Electric Avenue

1686 Electric Avenue, Venice, CA 90291
House in Milwood
Sold Jan 27, 2023
$2,164,000
$1,839,400 by Citibank, Na
Mortgage Due Feb 01, 2053
Sold Apr 22, 2020
$1,965,000
$2,234,300 by Axos Bank
Mortgage Due May 01, 2050
1686 Electric Avenue in Venice, CA was first built in 1921 and is 103 years old. Although, the building on the property was most recently renovated and altered in 1994. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 1686 Electric Avenue has 1,505 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 390 ft and the linear feet between the front and back of the lot is 990. In total, the area measurement of the land is 4,026 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of composition shingle. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of A. The exterior walls of the home are made of stucco. As for heating, the home is utilizing floor/wall heating system. The property was last sold in Nov 30, 2022 for $2,164,000. That's $1,437.87 per sqft. Prior to that sales transaction, the property was also sold in Apr 3, 2020 for $1,965,000. 1686 Electric Avenue was last assessed in 2023. The total value of the property was assessed at $2,254,546. Specifically, the land the property is located on was valued at $1,804,053. While improvements on the property were assessed at a total of $450,493. 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 $25,969. The initial tax year of delinquency was in 2019. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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

Carport
Covered Parking
Open Parking
Tandem Parking

Exterior

Stucco Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1921
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Conventional
  • 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

    Dimensions

  • Lot Size Square Feet: 4,026
  • Lot Size Depth Feet: 990
  • Lot Size Frontage Feet: 390
  • Total Building Area: 1,505
  • Building Area: 1,505
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,505
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VENICE ANNEX
  • Land Acres: 0.092
  • Standard Land Use Code: Single family residential
  • Legal Description 1: VENICE ANNEX LOT/SEC 18 BLK/DIV/TWN 1

Ownership

  • Current Owner : WHITCROFT DAVID
  • Current Owner 2: GAUGHAN MARY
  • Previous Owner : MCVEY LAUREN B
  • Owner Before Previous Owner: PICCIN CARMEN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

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

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 49-C4
  • Parcel: 4241-027-018
  • Block: 1
  • Lot: 18
  • Municipality: WEST /OAKW/CENT VEN
  • Latitude: 33.9908
  • Longitude: -118.461

    Address

  • Full Address: 1686 Electric Ave
  • Address - House Number: 1686
  • Address - Street Name: Electric
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Venice
  • Carrier Code: C007
  • 4-Digit Zip Code: 4804
  • Zip Code: 90291

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $25,969
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2249
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 2,230,145
  • High Value: 2,731,868
  • Low Value: 1,728,422

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,839,400
  • First Open Lien Mortgage Lender: CITIBANK, NA
  • First Open Lien Mortgage Recording Date: Jan 27, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,839,400
  • 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: Feb 01, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,254,546
  • Assessed Land Value: $1,804,053
  • Assessed Improvements Value: $450,493

    Sales

  • Current Sale Contract Date: Nov 30, 2022
  • Current Sale Recording Date: Jan 27, 2023
  • Current Sale Transaction ID: 11905663437
  • Current Sale Price: $2,164,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 57112
  • Previous Sale Recording Date: Apr 22, 2020
  • Previous Sale Contract Date: Apr 03, 2020
  • Previous Sale Amount: $1,965,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK, NA
  • First Mortgage Transaction Date: Jan 27, 2023
  • First Mortgage Loan Amount: $1,839,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: AXOS BANK
  • Previous Mortgage Transaction Date: Apr 22, 2020
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $2,234,300
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2050

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Frequently Asked Questions

What neighborhood is 1686 Electric Avenue located in?
The 1686 Electric Avenue is a house located in the neighborhood of Milwood in West Los Angeles, Venice.
What is the average sales price for listings in 1686 Electric Avenue?
The average sales price for units in 1686 Electric Avenue is $0 currently.

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