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Backup Offers

123 Park Pl, Venice, CA, 90291

$1,950,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
4 Baths
2,008 SqFt
$971/SqFt
House
Schools Nearby

Location

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123 Park Pl, Los Angeles$1,950,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingCarport
Year Built1965
HeatingWall Furnace
CoolingNone
MLS #23267293
Lot Size0.05 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 123 Park Pl

Welcome to the walk Streets of Venice, one block from the Beach at the end of Abbot Kinney/Brooks and just south of Main street.The location is outstanding. Enter through the white picket fence into a shared sun trap of a garden, to be enjoyed by all. This is a four unit building, fully occupied. On the ground floor is unit 1, a 1 bedroom, 1 bathroom unit, and on the 2nd floor are three units, 2 studios and another 1 bedroom, 1 bathroom unit. The units on the upper floor have all been updated. The one bedroom unit upstairs has an exposed wood ceiling, stainless steel appliances, wood floors, cool light fixtures, wood blinds, a little desk area and a light and airy bathroom. There is also a communal laundry, and a carport that fits 6 cars tandem. There are 4 storage bins for the tenants use. Good steady income, low expenses. Expenses include projected property taxes for new owner. An all round great investment. Will need 72 hours notice to show Monday - Saturday.

Property Details

Property Features

Property Information:

  • Year Built: 1965
  • Stories: 2
  • Living Area: 2,008 SqFt

Listing Office:

  • Office Name: Douglas Elliman
  • Office Phone: (310) 595-3888
  • Listing Agent: Michelle Nissani

Interior Features

Interior Information:

  • Appliances: Dishwasher, Refrigerator
  • Interior: Ceiling Fan(s)

Bedroom and Bathroom Information:

  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Parking: Carport

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

School Info

Assigned Schools Information:

  • Venice Senior High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Mark Twain Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Westminster Avenue Elementary School, Public Magnet Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: West of Main, East of Pacific, South of Rose and North of Abbot Kinney/Brooks

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,950,000
  • Price Per SqFt: $971/SqFt

Tax Information:

  • Annual Amount: $14,930
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

123 Park Pl vs Los Angeles

365 DAYS ON ROCKET

+331 Days

$1,950,000

+$963.5K More

$971/SqFt

+$339 More

KEY TAKEAWAY

This property is $963.5K more than the Median Sold Price and $339/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #23267293

Listing Office:

  • Office Name: Douglas Elliman
  • Office Phone: (310) 595-3888
  • Listing Agent: Michelle Nissani

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/4/2024, 12:20:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 03, 2013Home Sold
$1,100,000
Oct 29, 1999Home Sold
$429,000

Tax History

YEARPROP. TAXASSESSMENT
2021$14,930$1,246,593
2020$14,482$1,232,980
2019$14,432$1,208,805
2018$14,120$1,185,104
2017$14,120$1,161,868

History based on county public records data.

Payment Calculator

$9,800

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,913

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5659155
5
/10
  • Westminster Avenue Elementary School

  • 1010 Abbot Kinney Blvd

  • 0.18 miles

  • Public Magnet Grades KG-5

school-card-donut-5659156
8
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 9.76 miles

  • Public Magnet Grades KG-6

school-card-donut-5659157
9
/10
  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 16.43 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-5659158
6
/10
  • Mark Twain Middle School

  • 2224 Walgrove Ave

  • 1.78 miles

  • Public Magnet Grades 6-8

school-card-donut-5659159
4
/10
  • Studio

  • 2211 W Avenue 30

  • 15.69 miles

  • Public District Grades 6-8

High School

school-card-donut-5659160
6
/10
  • Venice Senior High School

  • 13000 Venice Blvd

  • 1.71 miles

  • Public Magnet Grades 9-12

school-card-donut-5659161
8
/10
  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 13.82 miles

  • Public Magnet Grades 9-12

school-card-donut-5659162
8
/10
  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 15.38 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,331. The most common annual income of people living in Los Angeles, CA is between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 123 Park Pl

What is the listing price of this property?

The listing price of 123 Park Pl property is $1,950,000.

What type of property is this?

The property 123 Park Pl is a house located in Venice, California, 90291.

Is this property for sale now?

Accepting Backup Offers: 123 Park Pl is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 123 Park Pl are:
Westminster Avenue Elementary School: GreatSchools Rating 5/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Mark Twain Middle School: GreatSchools Rating 6/10
Studio: GreatSchools Rating 4/10
Venice Senior High School: GreatSchools Rating 6/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $14,930 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 3, 2013 for $1,100,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 123 Park Pl has 2 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 123 Park Pl is 2,008 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 123 Park Pl is 1965.

Rocket HomesCaliforniaLos Angeles CountyLos Angeles90291123 Park Pl

This home is located at 123 Park Pl in Venice, CA and zip code 90291 in the Venice neighborhood. This 2,008 square foot home, which was built in 1965, sits on a 0.05 acre lot. Features: 2 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 05, 2023 and is currently priced at $1,950,000.

In April 2024 more than 701 listings in Los Angeles, CA were sold above the asking price. During the same period more than 204 listings were sold at asking price, while more than 629 were sold below. Between March 2024 and April 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 14.9%. In April 2024 median list price was $986,427 and the average listing age was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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