NOT LISTED FOR SALE

248 Westminster Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $6,165,442

4 Beds
7 Baths
10,700 Sq Ft
$576/Sq Ft Est. Value

About This Home

This home is located at 248 Westminster Ave, Venice, CA 90291 and is currently estimated at $6,165,442, approximately $576 per square foot. 248 Westminster Ave is a home located in Los Angeles County with nearby schools including Westminster Avenue Elementary School, Mark Twain Middle School, and Venice High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2005
Sold by
248 Westminister Llc
Bought by
Abbot Kinney Group
Current Estimated Value
$6,165,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,675,000
Outstanding Balance
$844,676
Interest Rate
5.53%
Mortgage Type
Commercial
Estimated Equity
$5,353,478

Purchase Details

Closed on
Jul 2, 2004
Sold by
3711 Inglewood Llc
Bought by
248 Westminster Llc

Purchase Details

Closed on
Apr 27, 2004
Sold by
248 Westminster Llc
Bought by
3711 Inglewood Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 17, 2004
Sold by
The Reo Group
Bought by
248 Westminister Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 13, 2003
Sold by
Serafine Frank
Bought by
Pioneer Management Group and Westshire Mgmt Group
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Abbot Kinney Group $3,300,000 Southland Title
248 Westminister Llc -- Southland Title
248 Westminster Llc -- --
3711 Inglewood Llc -- Stewart Title Company Of Ca
3711 Inglewood Llc -- --
248 Westminister Llc -- Stewart Title Of California
Pioneer Management Group $206,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abbot Kinney Group $1,675,000
Previous Owner 248 Westminister Llc $1,500,000
Closed Abbot Kinney Group $1,172,500
Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $54,911 $4,599,914 $3,763,573 $836,341
2024 $54,911 $4,509,721 $3,689,778 $819,943
2023 $53,841 $4,421,296 $3,617,430 $803,866
2022 $51,325 $4,334,604 $3,546,500 $788,104
2021 $50,682 $4,249,612 $3,476,961 $772,651
2019 $49,154 $4,123,569 $3,373,834 $749,735
2018 $48,981 $4,042,716 $3,307,681 $735,035
2016 $46,820 $3,885,735 $3,179,241 $706,494
2015 $46,130 $3,827,368 $3,131,486 $695,882
2014 $46,268 $3,752,396 $3,070,145 $682,251
Source: Public Records

Map

California Los Angeles County Venice 90291 Venice

248 Westminster Ave, Venice, CA

Not Listed for Sale

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