NOT LISTED FOR SALE

1002 Nowita Place Unit 4 Venice, CA 90291

Venice Neighborhood
2 Beds
1 Bath
-- Sq Ft
6,970 Sq Ft Lot

Highlights

  • Wood Flooring
  • Great Room
  • Open Patio
  • Venice High School Rated A
  • Tandem Parking
  • Central Heating

About This Home

As of June 2020

Enjoy vacation style living all-year-round! Spectacular lifestyle location privately located behind Double Zero Pizza and Mystic Journey. Crisp, clean, and bright presenting an open kitchen-living-dining-concept, wood floors throughout, streamlined kitchen (new appliances coming), recessed lighting, decorative fireplace, central HVAC, 2 car off-street parking, large private patio, etc. all add to the menu of niceties. Provides quick, easy access to trendy cafes and trendy shop on Lincoln Blvd, Venice Beach, Abbott Kinney, and the whole cultural scene

Last Agent to Rent the Property

Laurie Woolner

Campbell Wellman Properties License #01421544 Listed on: 03/05/2020

Last Renter's Agent

Laurie Woolner

Campbell Wellman Properties License #01421544 Listed on: 03/05/2020

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $48,029

Year Built

  • Built in 1925

Lot Details

  • 6,970

Interior Spaces

  • Ceiling Fan
  • Decorative Fireplace
  • Great Room

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Tandem Parking

Additional Features

  • Open Patio
  • Central Heating

Listing and Financial Details

  • Security Deposit $6,400
  • Tenant pays for electricity, gas
  • 12 Month Lease Term
  • Assessor Parcel Number 4242-010-031

Community Details

Overview

  • Low-Rise Condominium

Pet Policy

  • Call for details about the types of pets allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$48,029

Year Built

Built in 1925

Lot Details

0

Rental Info

  • Security Deposit: 6400
  • Tenant Pays: Electricity, Gas

Listing Details

  • Property Type: Residential Lease
  • Style: Architectural
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Probate: No
  • Year Built: 1925
  • Number Of Photos: 19
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Fireplace Rooms: Decorative
  • Flooring: Tile, Wood
  • Appliances: Built-Ins, Cooktop - Gas, Microwave, Oven-Gas, Range
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Fireplace: Yes

Exterior Features

  • Pool: No
  • View: No

Garage/Parking

  • Other Spaces: 2
  • Parking Garage: Tandem, Uncovered
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4242-010-031
  • Geocode Override: No
  • Lot Size Area: 7218

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2015
Sold by
Lincoln & Venice Investments Llc
Bought by
Holland Investments Ak Llc

Purchase Details

Closed on
Apr 4, 2008
Sold by
Sarlo Michael and Sarlo Lory
Bought by
Lincoln & Venice Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,100,000
Interest Rate
6.11%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 29, 2007
Sold by
Sarlo Michael J
Bought by
Sarlo Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,100,000
Interest Rate
6.29%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 11, 2005
Sold by
Abouaf Jay S and Abouaf Yelena
Bought by
Sarlo Michael J
Source: Public Records

Range of Values:

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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
Holland Investments Ak Llc $4,632,000 Lawyers Title Company
Lincoln & Venice Investments Llc -- Southland Title Corporation
Sarlo Michael -- None Available
Sarlo Michael J $2,000,000 Southland Title
Sarlo Michael J -- Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lincoln & Venice Investments Llc $2,100,000
Previous Owner Sario Michael J $2,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2020 06/13/20 Rented $3,000 -3.2% --
04/05/2020 04/05/20 Price Changed $3,100 -3.1% --
03/05/2020 03/05/20 For Rent $3,200 -- --
Source: The MLS

Tax History Compared to Growth

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 $48,029 $3,990,136 $2,403,698 $1,586,438
2024 $48,029 $3,911,899 $2,356,567 $1,555,332
2023 $47,101 $3,835,196 $2,310,360 $1,524,836
2022 $44,917 $3,759,997 $2,265,059 $1,494,938
2021 $44,350 $3,686,273 $2,220,647 $1,465,626
2019 $43,023 $3,576,937 $2,154,782 $1,422,155
2018 $42,803 $3,506,802 $2,112,532 $1,394,270
2016 $40,910 $3,370,630 $2,030,500 $1,340,130
2015 $36,367 $2,989,119 $2,333,373 $655,746
2014 $36,483 $2,930,567 $2,287,666 $642,901
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-561214

The MLS

APN: 4242-010-031