700 Van Ness Ave, Torrance, CA 90501-1486

Address: 700 Van Ness Ave, Torrance, CA 90501-1486

700 Van Ness Ave, Torrance, CA 90501-1486 (Parcel #7352022002) is a property in the County of Los Angeles. The assessed value is $307,416,057.

Property Overview

Assessor Identification/Parcel Number (AIN/APN) 7352-022-002
Tax Rate Area 09335 - TORRANCE
Street Address 700 Van Ness Ave
Torrance
CA 90501-1486
Zip 90501-1486
Property Use Type C/I - Commercial/Industrial
Property Use Code 1700
General Use Type Commercial
Specific Use Type Office Building
Specific Use Detail One Story
Building Data Lines 5
Year Built 1983
Effective Year Built 1989
Main Structure Area 997,143 SQFT
Units 5
Recording Date 1994-11-16
Total Value $307,416,057.00
Total Exemption Value $0.00
Net Taxable Value $307,416,057.00
Land Value 80255512.00
Land Base Year 1995
Improvement Value 165688800.00
Improvement Base Year 2007
Total Land Improvement Value $245944312.00
Homeowners Exemption $0.00
Real Estate Exemption $0.00
Fixture Value $1003089.00
Fixture Exemption $0.00
Personal Property Value $60468656.00
Personal Property Exemption $0.00
Taxable Parcel Y
Administrative Region 23
Cluster 23697
Parcel Boundary Description PM 344-30-39 FOR DESC SEE ASSESSOR'S MAPS POR OF LOT 1

Property Assessment History

Year Total Value Increase % Land (Base Year) Improvement (Base Year) Total Exemption Taxable Value
2016 $310,414,850 0.00% $78,681,875 (1995) $162,440,000 (2007) $0 $310,414,850
2017 $307,416,057 -0.97% $80,255,512 (1995) $165,688,800 (2007) $0 $307,416,057

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Dataset Information

Data Provider County of Los Angeles, Office of the Assessor
Jurisdiction Los Angeles County

This dataset includes 2.06 million properties assessed by County of Los Angeles, Office of the Assessor. The data contains property, or parcel, together with value information, which ensures fair assessment of Los Angeles County taxable and non-taxable property of all types and classifications. Each property is disclosed with parcel id, address, owner, mailing address, assessed value, etc.