NOT LISTED FOR SALE

1042 Garfield Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $2,028,000 - $2,676,000

4 Beds
4.5 Baths
3,219 Sq Ft
$734/Sq Ft Est. Value

Sale Details

Date Sold: July 27, 2020

Last sale price $2,003,000 $622 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $14,938 / mo

5 Days on Market

Highlights

  • Panoramic View
  • Living Room with Fireplace
  • Modern Architecture
  • Coeur D'Alene Avenue Elementary School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of July 2020

VACANT. EASY TO SHOW. BUYERS AND/OR AGENTS MAY REGISTER AND GO ALONE. BUYERS ATTACK THE MARKET. New Venice Modern Beach home with an incredible roof deck with speculator views one block to Abbot Kinney and walking distance to the beach. This is a great opportunity to own a large home west of Lincoln with up to four parking spaces walking distance to the beach and Abbot Kinney.

Last Agent to Sell the Property

Stacey Valnes

Create License #00989680 Listed on: 05/06/2020

Last Buyer's Agent

Stacey Valnes

Create License #00989680 Listed on: 05/06/2020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • 4,205

Property Views

  • Panoramic
  • City
  • Mountain

Home Design

  • Modern Architecture

Interior Spaces

  • 3,219 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Family Room
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Utility Room

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Driveway

Additional Features

  • Enclosed Patio or Porch
  • 4,205 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4237-025-014

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

4,205 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Street Number Display: Yes
  • Advertising Remarks: VACANT. EASY TO SHOW. BUYERS AND/OR AGENTS MAY REGISTER AND GO ALONE. BUYERS ATTACK THE MARKET. New Venice Modern Beach home with an incredible roof deck with speculator views one block to Abbot Kinney and walking distance to the beach. This is a great opportunity to own a large home west of Lincoln with up to four parking spaces walking distance to the beach and Abbot Kinney.
  • Living Area: 3219
  • Stories: 2
  • Year Built: 1947
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Tile
  • Bedrooms: 4
  • Full Bathroom: 4
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside, Room
  • Total Bathrooms: 5.00
  • Equipment: Built-Ins, Dishwasher, Dryer, Freezer, Garbage Disposal, Gas Or Electric Dryer Hookup, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 588.69

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: City, Mountains, Panoramic
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway - Pavers, Garage - 1 Car
  • Total Parking: 3

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4237-025-014
  • Geocode Override: No
  • Lot Size Area: 4205

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2020
Closed on
Jul 10, 2020
Sold by
Liberty Fund Llc
Bought by
Yu Bryant Leechu
Seller's Agent
Stacey Valnes
Create
Buyer's Agent
Stacey Valnes
Create
List Price
$1,895,000
Sold Price
$2,003,000
Premium/Discount to List
$108,000
5.7%
Current Estimated Value
$2,361,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$358,190
Avg. Annual Appreciation
2.88%
Original Mortgage
$1,600,000
Outstanding Balance
$1,395,338
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$965,852

Purchase Details

Closed on
Aug 22, 2017
Sold by
Arko Group Llc
Bought by
Liberty Fund Llc

Purchase Details

Closed on
Aug 8, 2017
Sold by
Audubon Enterprises Inc
Bought by
Arko Group Llc

Purchase Details

Closed on
May 4, 2017
Sold by
Arko Group Llc
Bought by
Audubon Enterprises Inc

Purchase Details

Listed on
May 8, 2015
Closed on
Aug 14, 2015
Sold by
Contemo Joni L and Perea Michael L
Bought by
Arko Group Llc
Seller's Agent
David Altemus
The Altemus Company
Buyer's Agent
David Altemus
The Altemus Company
List Price
$1,449,000
Sold Price
$1,400,000
Premium/Discount to List
-$49,000
-3.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.04%
Original Mortgage
$2,275,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 9, 2015
Sold by
Conterno Jennie E
Bought by
Conterno Jennie E and The Jennie E Conterno Living T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

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
Yu Bryant Leechu $2,003,000 Fidelity National Title Co
Liberty Fund Llc $1,525,000 None Available
Arko Group Llc -- None Available
Audubon Enterprises Inc $430,000 Accommodation
Arko Group Llc $1,400,000 Chicago Title Company
Conterno Jennie E -- None Available
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 Yu Bryant Leechu $1,600,000
Previous Owner Arko Group Llc $2,275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/27/2020 07/27/20 Sold $2,003,000 +5.7% $622 / Sq Ft
05/11/2020 05/11/20 Pending -- -- --
05/06/2020 05/06/20 For Sale $1,895,000 +35.4% $589 / Sq Ft
09/25/2015 09/25/15 Sold $1,400,000 -3.4% $1,108 / Sq Ft View Prior Sale
06/12/2015 06/12/15 Pending -- -- --
06/03/2015 06/03/15 For Sale $1,449,000 0.0% $1,147 / Sq Ft
06/02/2015 06/02/15 Pending -- -- --
05/08/2015 05/08/15 For Sale $1,449,000 -- $1,147 / Sq Ft
Source: The MLS

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 $25,916 $2,168,108 $1,734,487 $433,621
2024 $25,635 $2,125,597 $1,700,478 $425,119
2023 $25,133 $2,083,920 $1,667,136 $416,784
2022 $23,952 $2,043,060 $1,634,448 $408,612
2021 $23,748 $2,003,000 $1,602,400 $400,600
2020 $23,567 $1,946,471 $1,430,550 $515,921
2019 $18,473 $1,555,500 $1,402,500 $153,000
2018 $18,378 $1,525,000 $1,375,000 $150,000
2017 $17,175 $1,428,000 $1,142,400 $285,600
2016 $16,806 $1,400,000 $1,120,000 $280,000
2015 $836 $67,068 $44,654 $22,414
2014 $848 $65,755 $43,780 $21,975
Source: Public Records

Agents Affiliated with this Home

  • Stacey Valnes

    Seller's Agent in 2020

    Stacey Valnes

    Create

    (310) 455-0096

    7 in this area

    57 Total Sales

    Stacey Valnes
    Section Image
  • David Altemus

    Seller's Agent in 2015

    David Altemus

    The Altemus Company

    (310) 963-2342

    1 Total Sale

    David Altemus
    Section Image
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Map

Source: The MLS

MLS Number: 20-571020

The MLS

APN: 4237-025-014

California Los Angeles County Venice 90291 Venice

1042 Garfield Ave, Venice, CA

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The MLS © 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.
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