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702 North Van Ness Avenue, Los Angeles, CA 90038 Property Information

702 North Van Ness Avenue, Los Angeles, CA 90038 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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702 North Van Ness Avenue, Los Angeles, CA 90038
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Address

Primary address 702 North Van Ness Avenue, Los Angeles
Alternate address(es) 5249 W Melrose Ave
5251 W Melrose Ave
5255 W Melrose Ave
Zip code 90038
County Los Angeles
Municipality Los Angeles
Neighborhood Hollywood

Sales & Tax Overview for 702 North Van Ness Avenue, Los Angeles

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date 12/23/2022
Sale price $140,000,000
Arm's length
Current property tax $57,916

Lot & Building Information for 702 North Van Ness Avenue, Los Angeles

Building sqft 7,806
Building class Store - One Story (1100)
Acreage 0.226
Year built 1924
Year last altered 1983
Stories 1
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
Qualified opportunity zone
Weed hazard No
School district Los Angeles Unified School District

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Other Property Data for 702 North Van Ness Avenue, Los Angeles

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About 702 North Van Ness Avenue, Los Angeles

How many square feet does 702 North Van Ness Avenue, Los Angeles, CA 90038 have?

This Store - One Story (1100) located at 702 North Van Ness Avenue, Los Angeles, CA 90038 has a total of 7,806 square feet.

What is the year built & the current market value of 702 North Van Ness Avenue, Los Angeles, CA 90038?

702 North Van Ness Avenue, Los Angeles, CA 90038 was built in 1924 and has a current tax assessor's market value of $4,762,700.

Ownership Information

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Past Sales & Property History for 702 North Van Ness Avenue, Los Angeles

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Purchase date Purchase price Buyer name Seller name
12/23/2022 $140,000,000
12/02/2022 $1,070,000
07/21/1988 $676,000
       
       
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*Here are the three most recent sales for this property.


Title Documents for 702 North Van Ness Avenue, Los Angeles

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Date Type Amount Party 1 Party 2 Maturity Document Doc image
08/27/2025 Quitclaim Deed
(Reappraisal transfer - no DTT)
12/23/2022 Grant Deed
12/23/2022 Grant Deed
(Sale for consideration - full DTT - 9 or more parcels in a multiple sale)
12/23/2022 Grant Deed
12/02/2022 Lease
12/02/2022 Grant Deed
04/27/2016 Lease
03/30/2005 Deed
(File correction - Single parcel sale)
03/28/2005 Deed
07/21/1988 Deed
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R: Recorded date
D: Document date

Property Taxes for 702 North Van Ness Avenue, Los Angeles

Access detailed property tax data for 702 North Van Ness Avenue, Los Angeles, CA 90038. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Base tax $56,552
Current property tax $57,916
Market value $4,762,700

Special Assessments And Penalties for 702 North Van Ness Avenue, Los Angeles

Special Assessments

Abatements, financial assistance programs and non-ad valorem taxes levied as special taxes/direct assessments are applicable for this property.

Code Description Tax levied
03694 La County Regional Park And Open Space District
18851 Los Angeles City Light Maintenance
03071 Los Angeles County Flood Control
00170 Los Angeles County Trauma/Emerg Srvs
18850 Los Angeles Landscape & Lighting Dist #96-1

Assessment History for 702 North Van Ness Avenue, Los Angeles

Here's the assessment & property tax history for 702 North Van Ness Avenue, Los Angeles, including the evolution of the total tax rate and corresponding property tax.

Year Assessment value Total tax rate Property tax Year over year change
2025-2026 $4,762,700 1.1874 $56,552 +0.95%
2024-2025 $4,669,315 1.1997 $56,018 +2.03%
2023-2024 $4,577,760 1.1994 $54,906 +108.68%
2022-2023 $2,257,531 1.1655 $26,312 +1.16%
2021-2022 $2,213,267 1.1752 $26,010 -1.06%

Permits for 702 North Van Ness Avenue, Los Angeles

The complete history of permits filed for 702 North Van Ness Avenue, Los Angeles, including new construction or demolition permits, complaints, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Issued Permit Type Sub type Valuation Expires Status
09/24/2001
             
             
             
             
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Los Angeles residential market stats

Median Sale Price
$1,000,000
1% YoY
Median Price/Sqft
$663
1.5% YoY
Los Angeles County Median Sale Price
$872,000
0.2% YoY

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Demographics by Zip Code

Total population 27,127
Median age 34.5
Average household income $91,318
Family households 35.1%
Occupied housing units 13,496
Owner occupied units 8.2%
People per household (average) 1.98
Median year structure built 1965
Median value for units with a mortgage $1,176,200
Median value for units without a mortgage $1,178,000

Risk

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FEMA flood zone(s) 0.2 (See more on map)
Fire hazard zone See more on map
Faults and tsunami inundation zone map
Landslides and liquefaction map
Earthquake-induced liquefaction area

Transportation

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Neighbors for 702 North Van Ness Avenue, Los Angeles

Here are the neighbors for 702 North Van Ness Avenue, Los Angeles.

Address Square feet Purchase date Purchase price
817 N Ridgewood Pl, Los Angeles 4,220 02/05/2025
843 N Ridgewood Pl, Los Angeles 9,024 05/19/2011
732 N Van Ness Ave, Los Angeles 4,400 09/17/1999 $248,002
752 N Van Ness Ave, Los Angeles 5,852 09/08/2017 $660,000
766 N Van Ness Ave, Los Angeles 9,352 04/05/2024 $2,150,000
722 N Van Ness Ave, Los Angeles 2,360 04/24/2017 $9,714,000
762 N Van Ness Ave, Los Angeles 3,795 08/22/2019 $1,810,000
767 N Ridgewood Pl, Los Angeles 4,000 01/15/2015 $732,000
807 N Ridgewood Pl, Los Angeles 4,964 04/14/2016
756 N Van Ness Ave, Los Angeles 3,616 03/28/2013 $1,010,000
710 N Van Ness Ave, Los Angeles 4,272 10/18/2019 $2,826,000
716 N Van Ness Ave, Los Angeles 3,932 04/04/2025
726 N Van Ness Ave, Los Angeles 9,508 08/25/1988 $2,951,000
801 N Ridgewood Pl, Los Angeles 4,416 08/23/2023
823 N Ridgewood Pl, Los Angeles 2,903 09/27/2013
837 N Ridgewood Pl, Los Angeles 07/30/2019
765 N Ridgewood Pl, Los Angeles 5,464 08/12/2014
827 N Ridgewood Pl, Los Angeles 2,524 12/16/2004
811 N Ridgewood Pl, Los Angeles 4,364
833 N Ridgewood Pl, Los Angeles 3,136 02/03/2025 $682,500

Nearby ZIP Codes for 702 North Van Ness Avenue, Los Angeles

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