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406 Brooks Avenue

406 Brooks Avenue, Venice, CA 90291
Property in Oakwood
Sold May 29, 2013
$1,310,000
Buyer
$851,500 by City National Bank
Mortgage Due Jun 01, 2043
Sold May 25, 2001
$350,000
$280,000 by Washington Mutual Bank Fa
Mortgage Due Jun 01, 2031
406 Brooks Avenue in Venice, CA was first built in 1992 and is 32 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 406 Brooks Avenue has 1,803 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. In total, the area measurement of the land is 5,200 square feet.

Learn more about the property and building on this page. 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. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating 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, 406 Brooks Avenue was last sold in Apr 4, 2013 for $1,310,000. According to our calculations, that's $726.57 per sqft. Prior to that sales transaction, the property was sold for $350,000 in May 2, 2001. Current property owners are expected to pay $17,941 in taxes per year. The property on 406 Brooks Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,550,525. To break that down further, the land itself was valued at $1,077,083. While improvements to the property were assessed at a total of $473,442. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,200
  • Total Building Area: 1,803
  • Building Area: 1,803
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,803
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OCEAN PARK TRACT
  • Land Acres: 0.119
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: OCEAN PARK VILLA TR LOT 6 BLK E CONDO UNIT 406

Ownership

  • Current Owner : MAX ARTHUR
  • Previous Owner : REISS STEVEN L
  • Owner Before Previous Owner: TEIGER DOUGLAS
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 273300

Zoning

  • Zoning: LARD1.5

Geography

  • Assessors Map Reference: 49-C3
  • Parcel: 4239-010-036
  • Block: E
  • Lot: 6
  • Municipality: WEST /PALMS N.E.
  • Latitude: 33.9937
  • Longitude: -118.471

    Address

  • Full Address: 406 Brooks Ave
  • Address - House Number: 406
  • Address - Street Name: Brooks
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Venice
  • Carrier Code: C054
  • 4-Digit Zip Code: 3038
  • Zip Code: 90291

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $17,941
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2341
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 67
  • Final Value: 2,016,245
  • High Value: 2,488,388
  • Low Value: 1,544,102

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $2,031,500
  • First Open Lien Mortgage Lender: CITY NATIONAL BANK
  • First Open Lien Mortgage Recording Date: May 29, 2013
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $851,500
  • 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: Jun 01, 2043
  • Second Open Lien Mortgage Lender: CITY NATIONAL BANK
  • Second Open Lien Mortgage Recording Date: Jul 08, 2016
  • Second Open Lien Mortgage Loan Amount: $500,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • Third Open Lien Mortgage Lender: CITY NATIONAL BANK
  • Third Open Lien Mortgage Recording Date: Jun 23, 2020
  • Third Open Lien Mortgage Financing Type: Adjustable Rate
  • Third Open Lien Mortgage Loan Amount: $680,000
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: New Conventional
  • Third Open Lien Mortgage Loan Due Date: Jul 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,550,525
  • Assessed Land Value: $1,077,083
  • Assessed Improvements Value: $473,442

    Sales

  • Current Sale Contract Date: Apr 04, 2013
  • Current Sale Recording Date: May 29, 2013
  • Current Sale Transaction ID: 1030689452
  • Current Sale Price: $1,310,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 13-0798488
  • Previous Sale Recording Date: May 25, 2001
  • Previous Sale Contract Date: May 02, 2001
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: Individual Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITY NATIONAL BANK
  • First Mortgage Transaction Date: May 29, 2013
  • First Mortgage Loan Amount: $851,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2043

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Open Lien Mortgages

  • Third Open Lien Mortgage Interest Rate Type: Y

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • Previous Mortgage Transaction Date: May 25, 2001
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $280,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jun 01, 2031

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Frequently Asked Questions

What neighborhood is 406 Brooks Avenue located in?
The 406 Brooks Avenue is a located in the neighborhood of Oakwood in West Los Angeles, Venice.
What is the average sales price for listings in 406 Brooks Avenue?
The average sales price for units in 406 Brooks Avenue is $0 currently.

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