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20 Park Avenue

20 Park Avenue, Venice, CA 90291
Property in Venice Beach
Sold Dec 03, 2013
$2,550,000
$1,766,000 by Morgan Stanley Private Bank Na
Mortgage Due May 01, 2049
Sold Dec 16, 2008
$1,450,000
$729,000 by Metlife Home Loans
Mortgage Due Jan 01, 2039
20 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 1911 and is 113 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 4 full bathrooms. There are 4 partial bathrooms in the home. In addition, 20 Park Avenue has 2,209 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 3,608 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. 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, 20 Park Avenue sold most recently in Nov 6, 2013 for a total of $2,550,000. If you work out the math, that's approximately a cost of $1,154.37 per sqft. Before that, the property was also sold for $1,450,000 in Nov 25, 2008. 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 $34,657 in taxes each year. 20 Park Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $3,004,559. If we break it down further, the land itself was valued at $2,103,194. Improvements to the property, however, were assessed at a total of $901,365. The property's total assessed value has been marked as more than the total market value which is pretty atypical. 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.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: 1911
  • Effective Year Built: 1914
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Duplex
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,608
  • Total Building Area: 2,209
  • Building Area: 2,209
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 2,209
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GOLDEN BAY TRACT
  • Land Acres: 0.083
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: GOLDEN BAY TRACT NE 20 FT OF LOT 5 MEASURED ON NW AND SE LINES OF SD LOT AND SW 10 FT MEASURED ON NW AND SE LINES OF LOT/SEC 7 BLK/DIV/TWN 8

Ownership

  • Current Owner : CHASE ANDREW
  • Current Owner 2: ANDREW L CHASE 2005 REVOCABLE TRUST
  • Previous Owner : TAN STEVEN
  • Owner Before Previous Owner: SODA PARTNERS LLC
  • Ownership Rights Codes: Revocable Trust
  • 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: 4286-025-006
  • Block: 8
  • Lot: 5
  • Municipality: WEST /VENICE SOUTH
  • Latitude: 33.9916
  • Longitude: -118.477

    Address

  • Full Address: 20 Park Ave
  • Address - House Number: 20
  • 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: $34,657
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2286
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 3,048,343
  • High Value: 3,745,426
  • Low Value: 2,351,261

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,766,000
  • First Open Lien Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • First Open Lien Mortgage Recording Date: Apr 22, 2019
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,766,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: May 01, 2049

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,004,559
  • Assessed Land Value: $2,103,194
  • Assessed Improvements Value: $901,365

    Sales

  • Current Sale Contract Date: Nov 06, 2013
  • Current Sale Recording Date: Dec 03, 2013
  • Current Sale Transaction ID: 1034331713
  • Current Sale Price: $2,550,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 13-1701687
  • Previous Sale Recording Date: Dec 16, 2008
  • Previous Sale Contract Date: Nov 25, 2008
  • Previous Sale Amount: $1,450,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: METLIFE HOME LOANS
  • Previous Mortgage Transaction Date: Dec 16, 2008
  • Previous Mortgage Loan Amount: $729,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jan 01, 2039

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Frequently Asked Questions

What neighborhood is 20 Park Avenue located in?
The 20 Park Avenue is a located in the neighborhood of Venice Beach in West Los Angeles, Venice.
What is the average sales price for listings in 20 Park Avenue?
The average sales price for units in 20 Park Avenue is $0 currently.

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