$2,275,000
SOLD MAR 6, 2025

1046 Princeton Dr Unit 121 Venice, CA 90292

Venice Neighborhood
4 Beds
2 Baths
3,700 Sq Ft
$1,374/mo HOA Fee

Recently Sold

$615 Per Sq Ft

3% Below List Price

13 Days on Market

Highlights

  • Gourmet Kitchen
  • Auto Driveway Gate
  • 1.06 Acre Lot
  • Coeur D'Alene Avenue Elementary School Rated A-
  • City View
  • Open Floorplan

About This Home

As of March 2025

This exceptional property, located in the highly sought-after Oxford Triangle of Venice, presents a rare opportunity with its versatile Work/Live configuration. Spanning three levels and offering 3,700 square feet of rentable space, the unit includes four spacious bedrooms or private offices, along with two bathrooms. The property features three dedicated parking spaces and offers impressive views of the surrounding area, with easy access to Mother's Beach and the Marina.Key features include modern stainless steel appliances, sleek Boffi Italian cabinetry, and elegant Carrera marble countertops. The unit is further enhanced by a private elevator and in-unit all-in-one washer/dryer, making this a truly desirable space for both residential and office commercial use. The HOA covers water, hot water, gas for the stove, and trash. Photos are copyrighted, and the property is located near shopping and entertainment in Silicon Beach. The Silicon Beach Lofts are located within the Marina Del Rey post office jurisdiction. The square footage is rentable SF. and measured per the CC&R's guidelines.

Last Agent to Sell the Property

Lee Johnson

Berkshire Hathaway HomeServices California Properties License #01259992 Listed on: 02/10/2025

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Marc Hernandez

Compass License #00882850

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $25,708

Year Built

  • Built in 2010 | Remodeled

Lot Details

  • Gated Home

HOA Fees

  • $1,374 Monthly HOA Fees

Home Design

  • Modern Architecture

Interior Spaces

  • 3,700 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Wired For Data
  • Built-In Features
  • Beamed Ceilings
  • Two Story Ceilings
  • Recessed Lighting
  • Entryway
  • Home Office
  • Loft
  • City Views
  • Alarm System

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • <<OvenToken>>
  • Electric Cooktop
  • <<microwave>>
  • Dishwasher
  • Kitchen Island
  • Marble Countertops
  • Disposal

Flooring

  • Carpet
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Double Vanity
  • <<tubWithShowerToken>>

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Dryer
  • Washer

Parking

  • 3 Car Direct Access Garage
  • Carport
  • Auto Driveway Gate
  • Controlled Entrance

Location

  • Property is near public transit
  • City Lot

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 4229-003-090

Community Details

Overview

  • Association fees include trash, gas, water, building and grounds
  • 30 Units

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Security Service
  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$25,708

Year Built

Built in 2010 | Remodeled

Lot Details

0

HOA Fees

$1,374 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Combo - Res &amp; Com
  • Style: Modern
  • Levels: Three Or More
  • Street Number Display: Yes
  • Advertising Remarks: This exceptional property, located in the highly sought-after Oxford Triangle of Venice, presents a rare opportunity with its versatile Work/Live configuration. Spanning three levels and offering 3,700 square feet of rentable space, the unit includes four spacious bedrooms or private offices, along with two bathrooms. The property features three dedicated parking spaces and offers impressive views of the surrounding area, with easy access to Mother's Beach and the Marina.Key features include modern stainless steel appliances, sleek Boffi Italian cabinetry, and elegant Carrera marble countertops. The unit is further enhanced by a private elevator and in-unit all-in-one washer/dryer, making this a truly desirable space for both residential and office commercial use. The HOA covers water, hot water, gas for the stove, and trash.
  • Complex Name: Princeton Lofts
  • Entry Floor: 1
  • Entry Location: Living Room
  • Living Area: 3700
  • Lot Acreage: 1.0627
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 3
  • Unit Floor In Building: 1
  • Year Built: 2010
  • Number Of Photos: 17
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Elevator, Drywall Walls, Built-Ins, Beamed Ceiling(s), High Ceilings (9 Feet+), Open Floor Plan, Pre-wired for high speed Data, Recessed Lighting, Storage Space, Two Story Ceilings
  • Flooring: Cement, Mixed, Carpet, Ceramic Tile
  • Appliances: Cooktop - Electric, Oven
  • Bedrooms: 4
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower and Tub, Shower Stall, Double Vanity(s)
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Marble Counters, Gourmet Kitchen, Island
  • Laundry: In Unit, Inside, In Kitchen
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Alarm System, Microwave, Elevator, Dryer, Dishwasher, Garbage Disposal, Built-Ins, Washer, Vented Exhaust Fan, Refrigerator, Range/Oven, Hood Fan
  • Price Per S Q F T: 634.86

Exterior Features

  • Pool: No
  • View: City, Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Assigned, Attached, Carport, Community Garage, Controlled Entrance, Gated, Driveway Gate, Direct Entrance
  • Total Parking: 3

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Community, Fire Sprinklers, Gated, Smoke Detector, Automatic Gate, Carbon Monoxide Detector(s)

Association/Amenities

  • Amenities: Controlled Access, Elevator, Gated Parking, Assoc Pet Rules
  • Pet Rules: Assoc Pet Rules, Call, Pets Permitted, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Trash, Gas, Water, Building and Grounds
  • HOA Fees: 1374.18
  • HOA: Yes

Lot Info

  • Special Zoning: Coastal Commission, Rent Control
  • Assessor Parcel Number: 4229-003-090
  • Lot Location: Park Nearby, Near Public Transit, City
  • Lot Size Area: 46290

Rental Info

  • Lease Option: 1

Multi Family

  • Number Of Units: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2025
Closed on
Feb 20, 2025
Sold by
Garcia Padua Family Trust and Garcia Eduardo A
Bought by
Mcneil Viktoria and Mcneil Cameron William
Seller's Agent
Lee Johnson
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Marc Hernandez
Compass
List Price
$2,349,000
Sold Price
$2,275,000
Premium/Discount to List
-$74,000
-3.15%
Views
6
Current Estimated Value
$2,289,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,265
Avg. Annual Appreciation
2.13%
Original Mortgage
$975,000
Outstanding Balance
$974,194
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$1,318,617

Purchase Details

Closed on
Oct 12, 2015
Sold by
Padua Maria A
Bought by
Garcia Padua Family Trust

Purchase Details

Closed on
Apr 10, 2013
Sold by
Western Pacific Land Company Lp
Bought by
Padua Maria A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
3.54%
Mortgage Type
Balloon
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $2,275,000 Fidelity National Title
Interfamily Deed Transfer -- None Available
Grant Deed $1,750,017 None Available
Interfamily Deed Transfer -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $975,000 New Conventional
Previous Owner $1,237,000 New Conventional
Previous Owner $1,326,800 Commercial
Previous Owner $1,400,000 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2025 03/06/25 Sold $2,275,000 -3.2% $615 / Sq Ft
02/23/2025 02/23/25 Pending -- -- --
02/10/2025 02/10/25 For Sale $2,349,000 0.0% $635 / Sq Ft
03/08/2021 03/08/21 Rented $10,000 -4.8% --
01/27/2021 01/27/21 For Rent $10,500 -- --
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
2024 $25,708 $2,112,734 $1,443,785 $668,949
2023 $25,208 $2,071,309 $1,415,476 $655,833
2022 $24,028 $2,030,696 $1,387,722 $642,974
2021 $23,735 $1,990,879 $1,360,512 $630,367
2019 $23,018 $1,931,830 $1,320,159 $611,671
2018 $22,952 $1,893,952 $1,294,274 $599,678
2016 $21,935 $1,820,410 $1,244,017 $576,393
2015 $21,611 $1,793,067 $1,225,331 $567,736
2014 $21,673 $1,757,944 $1,201,329 $556,615
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25496663

The MLS

APN: 4229-003-090