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520 Venice Way

520 Venice Way, Venice, CA 90291
Townhouse in Windward Circle
This has been categorized as a vacant property type. In total, the area measurement of the land is 4,443 square feet.

Learn more about the property and building on this page. 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, 520 Venice Way sold most recently in May 4, 2021 for a total of $1,995,000. 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 $0 in taxes each year. 520 Venice Way was most recently assessed in 2021. During this assessment, the property's total value was estimated to be about $1,985,249. If we break it down further, the land itself was valued at $1,165,848. Improvements to the property, however, were assessed at a total of $819,401. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Parking

Attached Garage
Guest Parking

Condition

New Construction

Exterior

Aluminum Siding
Asphalt Siding
Concrete Exterior
Stucco Exterior
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20201007
10/07/2020
3 Bed
3 Bath
2250 ft²
$2,200,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
2250 ft²
$1,995,000 -9.32%
06/03/2021
Adam Jaret

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,443
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Vacant
  • Subdivision: PARCEL MAP L A NO 2016 2584
  • Land Acres: 0.102
  • Standard Land Use Code: Residential-vacant land
  • Legal Description 1: P M 404-76-78 LOT A

Ownership

  • Current Owner : SHEN ALEX MING
  • Current Owner 2: SERAME JACQULINE GRACE
  • Previous Owner : METRO CAPITAL V LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 273502

Zoning

  • Zoning: LAR3

Geography

  • Subdivision Tract Number: 9358
  • Parcel: 4238-020-039
  • Block: 5
  • Lot: A
  • Municipality: LOS ANGELES
  • Latitude: 33.9873
  • Longitude: -118.467

    Address

  • Full Address: 520 Venice Way
  • Address - House Number: 520
  • Address - Street Name: Venice
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Venice
  • Carrier Code: C029
  • 4-Digit Zip Code: 4244
  • Zip Code: 90291

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 00-067

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,596,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Jun 03, 2021
  • First Open Lien Mortgage Loan Amount: $1,596,000
  • 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: Jul 01, 2051

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $1,985,249
  • Assessed Land Value: $1,165,848
  • Assessed Improvements Value: $819,401

    Sales

  • Current Sale Contract Date: May 04, 2021
  • Current Sale Recording Date: Jun 03, 2021
  • Current Sale Transaction ID: 11837689470
  • Current Sale Price: $1,995,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-0882847

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Jun 03, 2021
  • First Mortgage Loan Amount: $1,596,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

About West Los Angeles



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Frequently Asked Questions

What neighborhood is 520 Venice Way located in?
The 520 Venice Way is a townhouse located in the neighborhood of Windward Circle in West Los Angeles, Venice.
What is the average sales price for listings in 520 Venice Way?
The average sales price for units in 520 Venice Way is $2,200,000 , or $978/sqft. currently.

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