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746 Marco Place

746 Marco Place, Venice, CA 90291
Property in Milwood
Sold Aug 17, 2007
$2,900,000
Sold Apr 08, 1999
Transfer
$600,000 by Americas Wholesale Lndr
Mortgage Due Apr 01, 2029
746 Marco Place in Venice, CA was first built in 1924 and is 100 years old. Although, the building on the property was most recently renovated and altered in 1946. This has been categorized as a residential property type. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 746 Marco Place has 1,331 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. The linear feet across the front of the lot is 750 ft and the linear feet between the front and back of the lot is 900. In total, the area measurement of the land is 6,750 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. As for heating, the home is utilizing a central heating system. 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, 746 Marco Place sold most recently in Aug 9, 2007 for a total of $2,900,000. If you work out the math, that's approximately a cost of $2,178.81 per sqft. 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 $44,911 in taxes each year. 746 Marco Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $3,910,094. If we break it down further, the land itself was valued at $2,777,528. Improvements to the property, however, were assessed at a total of $1,132,566. The property's total assessed value has been marked as more than the total market value which is pretty atypical. 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.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1946
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: A
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,750
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,331
  • Building Area: 1,331
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,331
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VENICE ANNEX
  • Land Acres: 0.155
  • Standard Land Use Code: Single family residential
  • Legal Description 1: VENICE ANNEX LOTS 3 AND LOT/SEC 4 BLK/DIV/TWN 7

Ownership

  • Current Owner : MORTON ROCKY
  • Previous Owner : GLEEMAN MARSHA
  • Owner Before Previous Owner: SEGEL GILBERT N
  • Owner Before Previous Owner 2: SEGAL JOANNE R
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 273600

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 49-C4
  • Parcel: 4241-026-003
  • Block: 7
  • Lot: 3
  • Municipality: WEST /OAKW/CENT VEN
  • Latitude: 33.9924
  • Longitude: -118.459

    Address

  • Full Address: 746 Marco Pl
  • Address - House Number: 746
  • Address - Street Name: Marco
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: Venice
  • Carrier Code: C007
  • 4-Digit Zip Code: 3806
  • Zip Code: 90291

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $44,911
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2317
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 67
  • Final Value: 3,486,987
  • High Value: 4,295,144
  • Low Value: 2,678,829

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,910,094
  • Assessed Land Value: $2,777,528
  • Assessed Improvements Value: $1,132,566

    Sales

  • Current Sale Contract Date: Aug 09, 2007
  • Current Sale Recording Date: Aug 17, 2007
  • Current Sale Transaction ID: 1033665447
  • Current Sale Price: $2,900,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 07-1934554
  • Previous Sale Recording Date: Apr 08, 1999
  • Previous Sale Contract Date: Mar 15, 1999
  • Previous Sale Document Type: Individual Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICORP FUNDING
  • First Mortgage Transaction Date: Aug 17, 2007
  • First Mortgage Loan Amount: $1,800,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Sep 01, 2037

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAS WHOLESALE LNDR
  • Previous Mortgage Transaction Date: Apr 08, 1999
  • Previous Mortgage Loan Amount: $600,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Apr 01, 2029

About West Los Angeles



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Frequently Asked Questions

What neighborhood is 746 Marco Place located in?
The 746 Marco Place is a located in the neighborhood of Milwood in West Los Angeles, Venice.
What is the average sales price for listings in 746 Marco Place?
The average sales price for units in 746 Marco Place is $0 currently.

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