See Home Value
$2,793,214*
House - Off Market

712 MACHADO Drive

Venice, CA 90291
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1236 Sqft
$1,706,000 - $2,084,000
Reference Base Price*
47.40%
Since Aug 1, 2019
CA-Los Angeles
Primary Model
Sold Jul 16, 1997
$195,000
$715,000 by Americorp Funding
Mortgage Due Mar 01, 2036

About This Property

Available separately or as an assemblage.  This property is a good investment on its own or as a package. FIVE ADJACENT PROPERTIES FOR SALE. 708, 712, 716, 724 AND 728 MACHADO DR.  BUY ONE, BUY SOME, OR BUY THEM ALL.  Amazing, character filled 3+2 on a 4000 sq ft RD 1.5 lot, allows for future value add.  Warm and colorful first floor with nice flow and a master bedroom with french doors leading to the back yard.  Outside in the back yard you will find stairs leading to a deck above the master bedroom and an enormous entertainment room perfect to throw a party or have friends over to watch the game.  Walk to Whole Foods, CVS, Rose Ave, Abbot Kinney, the beach, Gold's Gym and many other amenities Venice has to offer.  Tenant occupied month to month, do not disturb.  Call listing agent to show.  Possible assumable financing with Ocwen at 4.875% variable, approximately 20 years remaining.  P&I $4646, approximate loan balance $649,000.  Buyers should be pre approved with proof of funds.

The manager has listed the unit size as 1236 square feet.
Unit Size
1,236Ft²
Days on Market
-
Land Size
4,000.00 acres
Price per sqft
$1,533
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1947

Price History

Date / Event Date Event Price
Jul 21, 2019 No longer available -
No longer available
Jan 17, 2019 Listed $1,895,000
Listed

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,236
  • Building Area: 1,236
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,236
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 1763
  • Land Acres: 0.092
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 1763 LOT/SEC 11

Ownership

  • Current Owner : BARTHELL JOHN G
  • Previous Owner : RAEL SHARON L
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 273200

Zoning

  • Zoning: LARD1.5

Geography

  • Assessors Map Reference: 49-C2
  • Subdivision Tract Number: 1763
  • Parcel: 4240-019-043
  • Lot: 11
  • Municipality: WEST /OAKW/CENT VEN
  • Latitude: 34.0017
  • Longitude: -118.471

    Address

  • Full Address: 712 Machado Dr
  • Address - House Number: 712
  • Address - Street Name: Machado
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Venice
  • Carrier Code: C017
  • 4-Digit Zip Code: 2707
  • Zip Code: 90291

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,671
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 96
  • Final Value: 1,707,975
  • High Value: 1,823,711
  • Low Value: 1,592,239

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $715,000
  • First Open Lien Mortgage Lender: AMERICORP FUNDING
  • First Open Lien Mortgage Recording Date: Feb 28, 2006
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $715,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2036

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $299,252
  • Assessed Land Value: $239,410
  • Assessed Improvements Value: $59,842

    Sales

  • Current Sale Contract Date: Jul 07, 1997
  • Current Sale Recording Date: Jul 16, 1997
  • Current Sale Transaction ID: 1031871575
  • Current Sale Price: $195,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 97-1073847

    Last Sale Mortgage

  • First Mortgage Lender: COAST FEDERAL BANK FSB
  • First Mortgage Transaction Date: Jul 16, 1997
  • First Mortgage Loan Amount: $156,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Jul 15, 2027

    Financing

  • First Mortgage Financing Type: Adjustable Rate



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,072 ft²
$1,674/ft²
$1,795,000 Jun 7, 2023
-
-
House
3 Beds
2 Baths
1,799 ft²
$1,049/ft²
$1,888,000 May 26, 2023
-
-
House
3 Beds
3 Baths
1,922 ft²
$1,142/ft²
$2,195,000 May 20, 2023
-
-
House
2 Beds
1 Bath
880 ft²
$1,989/ft²
$1,750,000 May 15, 2023
-
-
House
2 Beds
1 Bath
806 ft²
$2,730/ft²
$2,200,000 Jun 5, 2023
-
-
House
4 Beds
2.5 Baths
1,979 ft²
$1,112/ft²
$2,200,000 Apr 17, 2023
-
-
Multifamily
3 Beds
-
-
$1,750,000 Mar 6, 2023
-
-
Multifamily
3 Beds
-
-
$1,750,000 Jun 5, 2023
-
-
Multifamily
4 Beds
-
-
$1,895,000 May 12, 2023
-
-
In Contract
Multifamily
4 Beds
-
-
$2,049,000 Mar 5, 2023
-
-
Multifamily
4 Beds
-
-
$2,095,000 Jun 12, 2023
-
-
Multifamily
2 Beds
-
-
$1,599,000 Mar 20, 2023
-
-

About West Los Angeles


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Frequently Asked Questions

When was property at 712 Machado Drive built and last sold?
The property at 712 Machado Drive was built in 1947 and last sold on Jul 7, 1997 for $195,000.
How much is this home worth?
The estimated value of the home located at 712 Machado Drive is $1,884,441.
What are some comparable homes to 712 Machado Drive?
There are currently no comparable homes to 712 Machado Drive.

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