Jeffrey Russell
Russell Realty Group
(626) 604-2792
113 Total Sales
1 in Venice
$1,530,000 Price
1015 Victoria Ave Venice, CA 90291
Venice NeighborhoodEstimated Value: $5,438,000 - $6,171,000
5
Beds
7
Baths
5,400
Sq Ft
$1,075/Sq Ft
Est. Value
Highlights
- Heated In Ground Pool
- 0.24 Acre Lot
- No HOA
- Venice High School Rated A
About This Home
As of April 2022Extremely rare opportunity to build this one-of-a-kind, permit-issued dream home. The 5400 sq ft 5 BR / 7 BA contemporary zen residence w/ ADU & street-to-alley access is sited on the largest lot in all of Venice. The proposed Tulum & James Perse-inspired finishes perfectly blend warmth, tranquility, & the Venice beachy & artsy vibes w/ natural materials & textures such as European White Oak, natural stones & tropical landscaping. Waste no time with Coastal Commission or Building & Safety, as this property comes with RTI / ISSUED PERMITS. Existing ~3500 sq ft structure on the property allows for financing with more favorable terms than ground-up construction. Walk or bike to Erewhon, Whole Foods, the ocean, Abbot Kinney, Main St, and all of the restaurants, entertainment and nightlife Venice has to offer. Truly a once in a lifetime opportunity to build an impressive home all while having healthy equity margins from a developer perspective. Don't hesitate to make a move on this masterpiece to be, before the owner changes their mind and builds it themselves. Digital renderings shown.
Last Agent to Sell the Property
Hollywood Estates License #01969227 Listed on: 10/11/2021
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Home Details
Home Type
- Single Family
Year Built
- Built in 1922
Lot Details
- 10,412 Sq Ft Lot
- Lot Dimensions are 60x174
- Property is zoned LAR1
Home Design
- Fixer Upper
Interior Spaces
- 5,400 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 7 Full Bathrooms
Parking
- 2 Parking Spaces
- Carport
- Driveway
Pool
- Heated In Ground Pool
- Heated Spa
- In Ground Spa
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 4242-003-003
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 16, 2023
Sold by
Shanley Family Trust
Bought by
Current Estimated Value
Purchase Details
Closed on
Dec 15, 2021
Sold by
1015 Victoria Propco Llc
Bought by
Shanley Family Trust and Shanley
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,487,500
Interest Rate
3.92%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 30, 2020
Closed on
Feb 4, 2021
Sold by
Parker Debra A
Bought by
Debra Parker Inter Vivos Trust and Parker
Seller's Agent
Alexis Boris Waterman
Compass
Buyer's Agent
Oliver Thornton
Hollywood Estates
List Price
$1,795,000
Sold Price
$1,700,000
Premium/Discount to List
-$95,000
-5.29%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.77%
Original Mortgage
$3,011,100
Interest Rate
2.65%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 22, 2004
Sold by
Parker Larry
Bought by
Parker Debra A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 7, 1997
Sold by
Sheaffer Clement A and Sheaffer Mary J
Bought by
Parker Bruce Alan and Bruce Alan Parker Revocable Tr
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Venice, CA
-
Jeffrey Russell
-
Raymond Dominguez
Raymond Dominguez
Engel & Völkers
(424) 359-1336
12 Total Sales
1 in Venice
$8,200,000 Price
-
Susan Kastner
Susan Kastner
Compass
(424) 577-6015
45 Total Sales
1 in Venice
$3,400,000 Price
-
Lena Jemelian
Lena Jemelian
Compass
(562) 269-1105
9 Total Sales
1 in Venice
$3,300,000 Price
-
Alexander Masket
Alexander Masket
Responds QuicklyCompass
(323) 310-1876
28 Total Sales
1 in Venice
$3,269,000 Price
-
Luis Mendoza
Luis Mendoza
(858) 293-4222
27 Total Sales
1 in Venice
$2,645,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Clearmark Title | ||
| Shanley Mark | -- | Clearmark Title | |
| Shanley Family Trust | -- | Clearmark Title | |
| Shanley Family Trust | $2,125,000 | Equity Title | |
| Debra Parker Inter Vivos Trust | -- | Chicago Title | |
| 1015 Victoria Propco Llc | $1,700,000 | Chicago Title | |
| Parker Debra A | -- | Equity Title Company | |
| Parker Debra A | $429,000 | Equity Title Company | |
| Parker Bruce Alan | $275,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $3,435,000 | ||
| Closed | Shanley Family Trust | $3,477,500 | |
| Closed | Shanley Family Trust | $350,000 | |
| Previous Owner | Shanley Family Trust | $1,487,500 | |
| Previous Owner | 1015 Victoria Propco Llc | $3,011,100 | |
| Previous Owner | Parker Debra A | $350,000 | |
| Previous Owner | Parker Debra A | $150,000 | |
| Previous Owner | Parker Debra A | $605,000 | |
| Previous Owner | Parker Debra A | $384,600 | |
| Previous Owner | Parker Debra A | $60,000 | |
| Previous Owner | Parker Debra A | $300,000 | |
| Previous Owner | Parker Bruce Alan | $56,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/04/2022 04/04/22 | Sold | $2,150,000 | -6.0% | $398 / Sq Ft | |
| 12/14/2021 12/14/21 | Pending | -- | -- | -- | |
| 11/02/2021 11/02/21 | Price Changed | $2,288,000 | -2.6% | $424 / Sq Ft | |
| 10/11/2021 10/11/21 | For Sale | $2,350,000 | +38.2% | $435 / Sq Ft | |
| 02/19/2021 02/19/21 | Sold | $1,700,000 | -5.3% | $486 / Sq Ft | View Prior Sale |
| 01/07/2021 01/07/21 | Pending | -- | -- | -- | |
| 10/30/2020 10/30/20 | For Sale | $1,795,000 | -- | $513 / Sq Ft |
Source: The MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $46,576 | $3,928,496 | $1,840,134 | $2,088,362 |
| 2025 | $46,576 | $3,851,468 | $1,804,053 | $2,047,415 |
| 2024 | $26,967 | $2,210,850 | $1,768,680 | $442,170 |
| 2023 | $26,444 | $2,167,500 | $1,734,000 | $433,500 |
| 2022 | $20,656 | $1,734,000 | $1,377,000 | $357,000 |
| 2021 | $11,151 | $919,447 | $814,374 | $105,073 |
| 2020 | $11,262 | $910,020 | $806,024 | $103,996 |
| 2019 | $10,819 | $892,177 | $790,220 | $101,957 |
| 2018 | $10,678 | $874,684 | $774,726 | $99,958 |
| 2016 | $10,207 | $840,722 | $744,644 | $96,078 |
| 2015 | $10,058 | $828,094 | $733,459 | $94,635 |
| 2014 | $10,180 | $811,874 | $719,092 | $92,782 |
Source: Public Records
Agents Affiliated with this Home
-
Oliver Thornton
Seller's Agent in 2022
Oliver Thornton
Hollywood Estates
(310) 704-1794
4 in this area
48 Total Sales
-
RC Thornton
RT
Buyer's Agent in 2022
RC Thornton
Hollywood Estates
(323) 300-1000
3 in this area
23 Total Sales
-
Alexis Boris Waterman
Seller's Agent in 2021
Alexis Boris Waterman
Compass
(310) 990-6894
20 Total Sales
-
AK
Seller Co-Listing Agent in 2021
Ashley Kermani
Westside Pacific Estates Inc.
Map
Source: The MLS
MLS Number: 21-794012
APN: 4242-003-003
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© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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