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37 Park Avenue

37 Park Avenue, Venice, CA 90291
Property in Venice Beach
Sold Jan 29, 2021
$1,800,000
$1,272,750 by Tiger Loans Inc
Mortgage Due Feb 01, 2051
Local assessors in Venice, CA have categorized 37 Park Avenue as a residential type of property. The home was built in 1905 and is 119 years old. It was most recently renovated and altered in 1916. The property's lot size has been calculated to be 3,596 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex 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, 3 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 3 full bathrooms. There are also 3 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 37 Park Avenue has a total of 2,115 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 37 Park Avenue was last sold in Dec 9, 2020 for $1,800,000. According to our calculations, that's $851.06 per sqft. Current property owners are expected to pay $21,715 in taxes per year. The property on 37 Park Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,872,720. To break that down further, the land itself was valued at $1,498,176. While improvements to the property were assessed at a total of $374,544. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1905
  • Effective Year Built: 1916
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,596
  • Total Building Area: 2,115
  • Gross Building Area: 2,115
  • Building Area: 2,115
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 2,115
  • 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 LOT/SEC 16 BLK/DIV/TWN 7

Ownership

  • Current Owner : LIU YING
  • Current Owner 2: LIU YANFANG
  • Previous Owner : MEMBERS TRUST COMPANY FSB L
  • Is Owner Occupied: Owner-occupied property
  • 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: 4286-024-014
  • Block: 7
  • Lot: 16
  • Municipality: WEST /VENICE RES INC
  • Latitude: 33.9921
  • Longitude: -118.477

    Address

  • Full Address: 37 Park Ave
  • Address - House Number: 37
  • Address - Street Name: Park
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Venice
  • Carrier Code: C005
  • 4-Digit Zip Code: 9003
  • Zip Code: 90291

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $21,715
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2291
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 2,251,016
  • High Value: 2,766,907
  • Low Value: 1,735,125

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,272,750
  • First Open Lien Mortgage Lender: TIGER LOANS INC
  • First Open Lien Mortgage Recording Date: Jan 29, 2021
  • First Open Lien Mortgage Loan Amount: $1,272,750
  • 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, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,872,720
  • Assessed Land Value: $1,498,176
  • Assessed Improvements Value: $374,544

    Sales

  • Current Sale Contract Date: Dec 09, 2020
  • Current Sale Recording Date: Jan 29, 2021
  • Current Sale Transaction ID: 11815402712
  • Current Sale Price: $1,800,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-0167229

    Last Sale Mortgage

  • First Mortgage Lender: TIGER LOANS INC
  • First Mortgage Transaction Date: Jan 29, 2021
  • First Mortgage Loan Amount: $1,272,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2051

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Frequently Asked Questions

What neighborhood is 37 Park Avenue located in?
The 37 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 37 Park Avenue?
The average sales price for units in 37 Park Avenue is $0 currently.

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