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601 6th Avenue

601 6th Avenue, Venice, CA 90291
Multifamily in Oakwood
Refi Jun 25, 2020
Transfer
$2,427,750 by First Republic Bank
Mortgage
Local assessors in Venice, CA have categorized 601 6th Avenue as a residential type of property. The home was built in 1955 and is 69 years old. The property's lot size has been calculated to be 5,895 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, 5 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 601 6th Avenue has a total of 1,872 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. 601 6th Avenue was last assessed in 2023. The total value of the property was assessed at $1,387,553. Specifically, the land the property is located on was valued at $1,261,413. While improvements on the property were assessed at a total of $126,140. 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 $16,277. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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.

Building Features

Parking

Covered Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Triplex
  • Living Units: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,895
  • Total Building Area: 1,872
  • Gross Building Area: 1,872
  • Building Area: 1,872
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,872
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SEA GIRT
  • Land Acres: 0.135
  • Standard Land Use Code: Triplex (3 units, any combination)
  • Legal Description 1: SEA GIRT TRACT LOT/SEC 25 BLK/DIV/TWN 6

Ownership

  • 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: 4240-014-026
  • Block: 6
  • Lot: 25
  • Municipality: WEST /VENICE RES INC
  • Latitude: 33.9973
  • Longitude: -118.471

    Address

  • Full Address: 601 6th Ave
  • Address - House Number: 601
  • Address - Street Name: 6th
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Venice
  • Carrier Code: C025
  • 4-Digit Zip Code: 2611
  • Zip Code: 90291

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,277
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.23
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 68
  • Final Value: 2,453,759
  • High Value: 3,018,261
  • Low Value: 1,889,258

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,427,750
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Jun 25, 2020
  • First Open Lien Mortgage Loan Amount: $2,427,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,387,553
  • Assessed Land Value: $1,261,413
  • Assessed Improvements Value: $126,140

About West Los Angeles



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Frequently Asked Questions

What neighborhood is 601 6th Avenue located in?
The 601 6th Avenue is a multifamily located in the neighborhood of Oakwood in West Los Angeles, Venice.
What is the average sales price for listings in 601 6th Avenue?
The average sales price for units in 601 6th Avenue is $0 currently.

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