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2621 Abbot Kinney Boulevard

2621 Abbot Kinney Boulevard, Venice, CA 90291
Property in Silver Triangle
Sold Mar 31, 2021
$2,100,000
$720,000 by Wells Fargo Bank Na
Mortgage Due Apr 01, 2051
Sold Aug 22, 2016
$1,895,000
$1,421,250 by Us Bank Na
Mortgage Due Sep 01, 2046
Local assessors in Venice, CA have categorized 2621 Abbot Kinney Boulevard as a residential type of property. The home was built in 1960 and is 64 years old. It was most recently renovated and altered in 1961. The property's lot size has been calculated to be 4,298 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a triplex style. 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, 7 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 5 full bathrooms. There are also 5 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 2621 Abbot Kinney Boulevard has a total of 2,808 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 air conditioning for their cooling system. The property was last sold in Jan 22, 2021 for $2,100,000. That's $747.86 per sqft. Prior to that sales transaction, the property was also sold in Jul 29, 2016 for $1,895,000. 2621 Abbot Kinney Boulevard was last assessed in 2023. The total value of the property was assessed at $2,184,840. Specifically, the land the property is located on was valued at $1,742,670. While improvements on the property were assessed at a total of $442,170. 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 $25,352. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1961
  • Building Count: 1
  • Bedroom Count: 7
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Triplex
  • Living Units: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,298
  • Total Building Area: 2,808
  • Gross Building Area: 2,808
  • Building Area: 2,808
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 2,808
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 2921
  • Land Acres: 0.099
  • Standard Land Use Code: Triplex (3 units, any combination)
  • Legal Description 1: TRACT # 2921 THAT PART OF LOT 58 VAC BETWEEN E AND W LINES OF LOT 44 PRODUCED S AND LOT/SEC 44

Ownership

  • Current Owner : NOLAN MICHAEL
  • Previous Owner : NGUYEN DANIEL F
  • Previous Owner 2: NGUYEN LISA E
  • Owner Before Previous Owner: HOUCHIN RICHARD A
  • Owner Before Previous Owner 2: HOUCHIN MARY K

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 274100

Zoning

  • Zoning: LAR3

Geography

  • Assessors Map Reference: 49-D4
  • Subdivision Tract Number: 2921
  • Parcel: 4229-013-019
  • Lot: 58,44
  • Municipality: WEST /VENICE RES INC
  • Latitude: 33.9881
  • Longitude: -118.455

    Address

  • Full Address: 2621 Abbot Kinney Blvd
  • Address - House Number: 2621
  • Address - Street Name: Abbot Kinney
  • Address - Suffix Type: Blvd
  • State: CA
  • City Name: Venice
  • Carrier Code: C061
  • 4-Digit Zip Code: 4732
  • Zip Code: 90291

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $25,352
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2286
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 2,712,580
  • High Value: 3,332,882
  • Low Value: 2,092,278

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $720,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Mar 31, 2021
  • First Open Lien Mortgage Loan Amount: $720,000
  • 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: Apr 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,184,840
  • Assessed Land Value: $1,742,670
  • Assessed Improvements Value: $442,170

    Sales

  • Current Sale Contract Date: Jan 22, 2021
  • Current Sale Recording Date: Mar 31, 2021
  • Current Sale Transaction ID: 11827353158
  • Current Sale Price: $2,100,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-0503308
  • Previous Sale Recording Date: Aug 22, 2016
  • Previous Sale Contract Date: Jul 29, 2016
  • Previous Sale Amount: $1,895,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Mar 31, 2021
  • First Mortgage Loan Amount: $720,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: US BANK NA
  • Previous Mortgage Transaction Date: Aug 22, 2016
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $1,421,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Sep 01, 2046

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Frequently Asked Questions

What neighborhood is 2621 Abbot Kinney Boulevard located in?
The 2621 Abbot Kinney Boulevard is a located in the neighborhood of Silver Triangle in West Los Angeles, Venice.
What is the average sales price for listings in 2621 Abbot Kinney Boulevard?
The average sales price for units in 2621 Abbot Kinney Boulevard is $0 currently.

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