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521 Venice Way

521 Venice Way, Venice, CA 90291
Property in Windward Circle
1 Units For Sale
Unit for sale at 521 Venice Way, Venice, CA 90291

$2,950,000

  • Loft
  • 2,673 ft²
521 Venice Way, Venice, CA 90291 Listing by Meredith Gruszka

Local assessors in Venice, CA have categorized 521 Venice Way as a unknown type of property. The home was built in 1947 and is 77 years old. It was most recently renovated and altered in 1965. The property's lot size has been calculated to be 4,493 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. 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, 4 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 521 Venice Way has a total of 2,673 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 unknown 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 - unknown. Residents rely on unknown for their cooling system. The property was last sold in Apr 20, 2022 for $2,400,000. That's $897.87 per sqft. 521 Venice Way was last assessed in 2023. The total value of the property was assessed at $2,448,000. Specifically, the land the property is located on was valued at $2,142,000. While improvements on the property were assessed at a total of $306,000. 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 $10,282. 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 description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1965
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Living Units: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,493
  • Total Building Area: 2,673
  • Gross Building Area: 2,673
  • Building Area: 2,673
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,673
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: 9358
  • Land Acres: 0.103
  • Legal Description 1: TRACT # 9358 LOTS 51 AND LOT/SEC 52 BLK/DIV/TWN 3

Ownership

  • Current Owner : ROUHI ATA
  • Previous Owner : CAROL EASTON FAMILY TRUST
  • Is Owner Occupied: unknown
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 207902

Zoning

  • Zoning: LARD1.5

Geography

  • Assessors Map Reference: 49-C4
  • Subdivision Tract Number: 9358
  • Parcel: 4238-019-020
  • Block: 3
  • Lot: 51
  • Municipality: WEST /VENICE RES INC
  • Latitude: 33.9878
  • Longitude: -118.467

    Address

  • Full Address: 521 Venice Blvd
  • Address - House Number: 521
  • Address - Street Name: Venice
  • Address - Suffix Type: Blvd
  • State: CA
  • City Name: Los Angeles
  • Zip Code: 90015

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,282
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2296
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 1,853,560
  • High Value: 2,279,144
  • Low Value: 1,427,976

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,920,000
  • First Open Lien Mortgage Lender: CHANGE LENDING LLC
  • First Open Lien Mortgage Recording Date: May 05, 2022
  • First Open Lien Mortgage Financing Type: unknown
  • First Open Lien Mortgage Loan Amount: $1,920,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: May 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,448,000
  • Assessed Land Value: $2,142,000
  • Assessed Improvements Value: $306,000

    Sales

  • Current Sale Contract Date: Apr 20, 2022
  • Current Sale Recording Date: May 05, 2022
  • Current Sale Transaction ID: 11886751873
  • Current Sale Price: $2,400,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 489810

    Last Sale Mortgage

  • First Mortgage Lender: CHANGE LENDING LLC
  • First Mortgage Transaction Date: May 05, 2022
  • First Mortgage Loan Amount: $1,920,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: May 01, 2052

    Financing

  • First Mortgage Financing Type: unknown

About West Los Angeles



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 521 Venice Way located in?
The 521 Venice Way is a located in the neighborhood of Windward Circle in West Los Angeles, Venice.
How many listings are currently for sale in 521 Venice Way?
There is one unit for sale right now.
What is the average sales price for listings in 521 Venice Way?
The average sales price for units in 521 Venice Way is $2,950,000 , or $1,104/sqft. currently.

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