Los Angeles  »  90291  »  Venice

722 Palms Boulevard, Venice, CA 90291

Milwood, Venice, West Los Angeles, Los Angeles
Building in Venice
1 Stories
Built in 1928
Welcome to 722 Palms Boulevard, a building located in Milwood, Venice, West Los Angeles, Los Angeles in Venice, CA. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 1928. This is a single story building. There are 2 buildings on the property. In total, the building area is listed as 2,478 square feet. The depth of the property lot was measured at 1320 square feet and the front at 400 square feet. Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but essentially heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The quality of the contraction has been rated as A-. The building class code for 722 Palms Boulevard is unknown but given the importance of this information, we will work to update this data as soon as possible.

Moving on to what we know about the features and amenities in this building. While there is no garage access for residents, this is pretty standard for New York and you will probably be able to find a local garage to park your car at instead. We are not sure what system the building uses for cooling. Sadly, informaton related to the heating system was not disclosed. Are you a fan of fireplaces? Sadly, this property has none. There is no porch or patio on the premise of the property. For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool. The local assessor's office has provided us with data that shows that the building has a ext:roof_type_code_text roof and it is made up of ext:roof_cover_code_text.

722 Palms Boulevard was most recently sold on Jan 6, 2020 for $2,534,000. The market value for the land that the building sits on has been listed at $0. In addition, improvements upon the building have an added value of $0. In total, the total market value of the property as a whole is $0. This may be less relevant information, but according to local assessors, the total value of the building is currently valued at $512,454. Specifically, the value of the land that the property sits on has been assessed at $40,321. The building was last assessed in 2020.

Interested in learning more about the neighborhood that the property is located in? Buildings in the Venice area have a median price of $4,850. Those in the 25th percentile, have a price around $3,452. While those in the 75th percentile, have a price around $8,500. Typically, the buildings in this area have a median sqft of 1,315. That means that the median price per sqft is around $52. In other words, the price per sqft for buildings in the 25th percentile is $42. While the price per sqft for buildings in the 75th percentile is $60. As a breakdown, we've included the following stats:

- There are currently a total of 9 studio listings. The median price for these types of listings is $2,500. That's $47.21 price per sqft.
- There are currently a total of 57 one bedroom listings. The median price for these types of listings is $2,926. That's $45.98 price per sqft.
- There are currently a total of 96 two bedroom listings. The median price for these types of listings is $4,425. That's $48.73 price per sqft.
- There are currently a total of 48 three bedroom listings. The median price for these types of listings is $8,500. That's $61.18 price per sqft.
- There are currently a total of 21 four bedroom listings. The median price for these types of listings is $12,500. That's $55.94 price per sqft.

722 Palms Boulevard is located in Los Angeles County, California. There are 10,057,155 people living here. There are 3,281,845 households. Most of these households have an average family size of 3.69 people. According to the census, 54% are currently renting while 46% own their homes. The median age of this population is around 35.8 years old. On average, most folks in the county are unmarried. About 57% of folks speak a language other than English in this area. The area's employment rate is currently around 58.6%. Speaking of employment, the median income is $57,952. Most folks will commute by car for around 30.4 minutes. Finally, we know that 21% of residents in the area have graduated with their high school degree. Additionally, 20% and 11% have their Bachelor's and Master's degree, respectfully.

Moving on to the urban area level. Los Angeles - Long Beach - Anaheim, CA Urban Area has a population of 12,492,745 people. Based on census records, there are 4,042,635 registered households. Families in this area are on average made up of 3.68 people per household. Most folks are unmarried. They are also typically around 35.9 years old. Does diversity matter to you? Right now, 56% of folks speak a language other than English here. About 53% rent while 47% purchased their homes. Right now, the community is made up of 20% of residents who have graduated with at least a high school degree. On top of that, 21% have a Bachelor's degree and 11% have a Master's degree. The employment rate is currently around 59.3%. Those employed, have a median income of $60,884. If you move here, you can expect to commute mostly by car for around 29.6 minutes.

Facts
General
Actual Year Built
1928
Building Count
2
Floor Count
1
Heated Square Feet
2,478
Unit Count
Living Units
2.00
Building Floor Area
Floor Area Ratios
Air Conditioning Type
0
Basement Type
0
Partial Bathrooms
0.00
Bathroom Fixture Number
0.00
Full Bathrooms
4.00
Building Area
2,478
Building Area Source
L
Building Condition
0
Building Quality
2
Gross Building Area
0.00
Construction Type
0
Exterior Walls Type
0
Fireplace Count
0.00
Floor Cover
0
Garage Type
0
Parking Space Count
2.00
Heating Fuel Type
0
Heat Code
0
Interior Walls Type
0
Lot Size Depth Feet
1320
Lot Size Frontage Feet
400
Lot Size Square Feet
5,299
Patio Type
0
Pool Type
0
Porch Type
0
Roof Cover Type
3
Roof Shape Type
1
Sewer System
0
Building Style
15
Basement Area
0.00
Total Building Area
2,478
Business/Commerical Units Count
0.00
Garage Square Area
0.00
Total Rooms
4.00
Water Service Type
0
Year Built
1928
Bedroom Count
4
Bathroom Count
4.00
Building
Building Type
0
County Land Use Code
0100
Property Class ID
R
Standard Land Use Code
1001
Subdivision
VENICE PARK TRACT
Land Acres
0.122
Legal Description 1
VENICE PARK TRACT LOT 6 BLK 6
Ownership
Current Owner
PALMS BLVD VENICE BEACH LLC
Current Owner's Full Name
PALMS BLVD VENICE BEACH LLC
Previous Owner
DRINKWATER GINGER
Owner Address - City
LAGUNA NIGUEL
Owner Address - State
CA
Owner Address - ZIP Code
92677
Is Owner Occupied
Y
Current Owner Corporation Indicator
T
Ownership Rights Codes
LC
Neighborhood
School District Name
Los Angeles Unified School District
Census Tract
273600
Census Block Code
3004
Census Group
3
Census Year
2020
Census - Combined Statistical Area - Area Code
348
Census - Combined Statistical Area - Area Name
Los Angeles-Long Beach, CA
Census - County FIPS
06037
Census - Full FIPS
060372736003004
Census - Metropolitan Division - Area Code
31084
Census - Metropolitan Division - Area Name
Los Angeles-Long Beach-Glendale, CA
Census - Metro Micro Statistical Area - Area Code
31080
Census - Metro Micro Statistical Area - Area Name
Los Angeles-Long Beach-Anaheim, CA
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
0644000
Census Source
US Census Bureau
Census State FIPS
06
Census Tract Code
273600
School District - Unified - Grade High
12
School District - Unified - Grade Low
KG
School District - Unified - LEA Code
0622710
School District - Unified - Name
Los Angeles Unified School District
Zoning
Zoning
LAR2
Geography
Full Street Address
722 PALMS BLVD
FIPS
06037
Mailing Carrier Code
C030
Mailing Full Street Address
30262 CROWN VALLEY PKWY # B440
Mailing House Number
30262
Mailing Street Mode
PKWY
Mailing Street
CROWN VALLEY
Mailing Unit Number
B440
Mailing Unit Type
#
Mailing 4-Digit Zip Code
2364
Geo Status Code
B
Latitude
33.9925
Longitude
-118.462
Carrier Code
C007
State
CA
4-Digit Zip Code
3849
Zip Code
90291
City Name
VENICE
Parcel
4241-015-024
Block
6
Lot
6
Address - House Number
722
Address - Street Name
PALMS
Address - Suffix Type
BLVD
Valuation
Assessed Land Value
$40,321
Assessed Year
2020
Confidence Score
71
First Current Mortgage Recorders Document Number
20-0040778
First Current Mortgage Lender
SOUND EQUITY INC
First Current Mortgage Loan Amount
$2,279,700
First Current Mortgage Loan Type
21
First Current Mortgage Transaction Date
20200110
First Current Mortgage Terms
360
Second Current Mortgage Loan Amount
$0
Second Current Mortgage Terms
0
Current Sale Transaction ID
11714402456
Current Sales Price
$2,534,000
Current Sales Price Type
7
Current Sale Contract Date
20200106
Current Sale Document Type
36
Current Sale Input Document Number
20-0040777
Current Sale Recording Date
20200110
Final Value
2,311,829
High Value
2,798,276
Homeowner Exemption Flag
T
Low Value
1,825,382
Market Total Value
$0
Market Improvement Value
$0
Market Land Value
$0
First Open Lien Mortgage Lender
SOUND EQUITY INC
First Open Lien Mortgage Position
1
First Open Lien Mortgage Loan Amount
$2,279,700
First Open Lien Mortgage Loan Type
21
First Open Lien Mortgage Recording Date
20200110
First Open Lien Mortgage Term
360
First Open Lien Mortgage Transaction ID
11714402456
Second Open Lien Mortgage Position
0
Second Open Lien Mortgage Loan Amount
$0
Second Open Lien Mortgage Term
0
Second Open Lien Mortgage Transaction ID
0
Third Open Lien Mortgage Position
0
Third Open Lien Mortgage Loan Amount
$0
Third Open Lien Mortgage Term
0
Third Open Lien Mortgage Transaction ID
0
Fourth Open Lien Mortgage Position
0
Fourth Open Lien Mortgage Loan Amount
$0
Fourth Open Lien Mortgage Term
0
Fourth Open Lien Mortgage Transaction ID
0
Previous Mortgage Loan Amount
$0
Previous Mortgage Term
0
Previous Sale Transaction ID
0
Standard Deviation
0
Total Area
0.00
Tax Amount
$32,776
Tax Rate Code Area
0-067
Timestamp
2021-04-30 00:00:00
Total Open Liens Amount
$2,279,700
Total Open Liens
1
UCID Flag
U
Valuation Date
2021-04-07
Assessed Improvements Value
$472,133
Assessed Total Value
$512,454
Tax Year
2020
Neighborhood
$2,500
Studio Median Rent
$2,926
1BR Median Rent
$4,425
2BR Median Rent
$8,500
3BR Median Rent

Nearby Schools

(within attendance boundary)
Broadway Elementary  •  0.37 mi
1015 Lincoln Blvd., Venice, CA 90291
Public  •  Elementary  •  Grades KG to 6
Los Angeles Unified School District
Mark Twain Middle  •  0.94 mi
2224 Walgrove Ave., Los Angeles, CA 90066
Public  •  Middle School  •  Grades 6 to 8
Los Angeles Unified School District
Venice Senior High  •  1.2 mi
13000 Venice Blvd., Los Angeles, CA 90066
Public  •  High School  •  Grades 9 to 12
Los Angeles Unified School District
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
Recent Units
Unit Bed Bath Price Listed On Status
Var 3BR 2.5 $8,495 Sep 02, 2021 Expired
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