NOT LISTED FOR SALE

109 Ocean Front Walk Venice, CA 90291

Venice Neighborhood

Estimated Value: $3,244,000 - $5,094,000

3 Beds
3.5 Baths
3,031 Sq Ft
4,034 Sq Ft Lot

Highlights

  • Beach Front
  • Ocean View
  • Fireplace in Primary Bedroom
  • Venice High School Rated A
  • Deeded Boat Dock
  • 3-minute walk to South Beach Park

About This Home

As of November 2023

Stunning Ocean Views in this Beachfront tri-level condo. Direct sand and whitewater views from most every angle! Soaring ceilings greet you as you enter this spectacular beachfront paradise. This home has been remodeled from lower level basement to sensational rooftop deck. Newly renovated kitchen features a sizable eat-in island that is adorned by Calacatta fine vein porcelain slab and plenty of cabinet storage and counters. The primary bedroom features his and hers closets plus a step up dressing area a spa-like bath with steam-shower. There is also a sizable balcony with direct access from your primary suite to enjoy coffee while watching the waves. The lower level highlights a den/office/studio as well as a full bath and bedroom. The rooftop deck features a luxurious firepit while watching the sunsets. Close to all that Venice and Santa Monica have to offer; steps to Main Street restaurants/bars/shopping, and Views of the Santa Monica Pier. Experience the difference!

Last Agent to Rent the Property

Penny Muck

Pardee Properties License #01820065 Listed on: 09/21/2023

Co-Listed By

Shervin Lalezary

Shervin Lalezary License #01867282

Last Renter's Agent

Beth Styne

Coldwell Banker Realty License #00815705

Coldwell Banker Realty

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1992

Lot Details

  • Beach Front
  • West Facing Home
  • Kennel
  • Gated Home
  • Front Yard

Home Design

  • Split Level Home

Interior Spaces

  • 3,031 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Home Office
  • Home Gym
  • Ocean Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Kitchen Island
  • Marble Countertops
  • Disposal

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Dressing Area
  • Steam Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • 1 Carport Space
  • Tandem Parking
  • Guest Parking

Outdoor Features

  • Deeded Boat Dock
  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Community Details

  • Call for details about the types of pets allowed

Listing and Financial Details

  • Security Deposit $30,000
  • Tenant pays for gas, special, trash collection, water, electricity
  • 12 Month Lease Term
  • Assessor Parcel Number 4288-029-039

Condo Details

Home Type

Condominium

Year Built

Built in 1992

Lot Details

0

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Land Lease Purchase Yn: No
  • Rent Control: No
  • Security Deposit: 30000
  • Tenant Pays: Gas, Special, Trash Collection, Water, Electricity

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Combo - Res & Com
  • Style: Architectural
  • Single Family Or Apt: Condo/Apt
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Lease Terms: 1-Year
  • Living Area: 3031
  • Lot Acreage: 0.0926
  • Monthto Month: No
  • Planned Urban Dev: 0
  • Stories: 3
  • Year Built: 1992
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Hardwood, Stone Tile, Tile
  • Bedrooms: 3
  • Fireplaces: 2
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Bedroom Features: Dressing Area, Master Bedroom
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Steam Shower
  • Three Quarter Bathrooms: 0
  • Eating Areas: Dining Area, Kitchen Island
  • Kitchen Features: Marble Counters
  • Laundry: Inside, Room
  • Total Bathrooms: 4.00
  • Equipment: Built-Ins, Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 4.95

Exterior Features

  • Direction Faces: West
  • Other Features: Kennel, Dock - Deeded, Balcony
  • Exposure: West
  • Pool: No
  • Spa Yn: No
  • View: Ocean
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

  • Carport Spaces: 1
  • Covered Parking: 2
  • Parking Garage: Direct Entrance, Garage - 2 Car, Tandem, Parking for Guests - Onsite, Private Garage, Carport
  • Total Parking: 3

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated
  • Sewer: In Street

Association/Amenities

  • Pet Rules: Assoc Pet Rules, Call

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4288-029-039
  • Lot Description: Front Yard
  • Lot Location: Beach Front
  • Lot Size Area: 4033

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2023
Closed on
Oct 2, 2023
Sold by
C3sa Revocable Trust
Bought by
Lalezary Shervin
Seller's Agent
Penny Muck
Pardee Properties
Buyer's Agent
Beth Styne
Coldwell Banker Realty
Sold Price
$14,000
Views
10
Current Estimated Value
$4,151,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,137,037

Purchase Details

Closed on
Dec 18, 2019
Sold by
Sobel Valley Llc
Bought by
Lalezary Shervin and C3sa Revocabel Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,136,250
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2018
Sold by
Lolaproperty Llc
Bought by
Sobel Valley Llc

Purchase Details

Closed on
Dec 23, 2015
Sold by
Lolaproperty Llc
Bought by
Lolaproperty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,250,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 21, 2015
Sold by
Johnson Leah M
Bought by
Johnson William Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,250,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 30, 2014
Sold by
Johnson William Joseph
Bought by
Lolaproperty Llc

Purchase Details

Closed on
Apr 6, 2012
Sold by
Johnson Leah M
Bought by
Johnson William Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,150,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 2003
Sold by
Paul Laurence Edward and Paul Stephen Eric
Bought by
Johnson William Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,312,500
Interest Rate
5.12%

Purchase Details

Closed on
Sep 16, 1997
Sold by
Vanhorn Vivian M
Bought by
Paul Laurence Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$984,000
Interest Rate
7%

Purchase Details

Closed on
Mar 16, 1994
Sold by
Ocean Front Walk
Bought by
Vanhorn Vivian M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,500
Interest Rate
7%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lalezary Shervin -- None Listed On Document
Ocean Front Trust -- None Listed On Document
Lalezary Shervin $4,825,000 Old Republic Title Company
Sobel Valley Llc -- None Available
Lolaproperty Llc -- North American Title Company
Johnson William Joseph -- North American Title Company
Lolaproperty Llc -- None Available
Johnson William Joseph -- Orange Coast Title Company
Johnson William Joseph $1,750,000 California Title Company
Paul Laurence Edward $980,000 Progressive Title Company
Vanhorn Vivian M $850,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lalezary Shervin $3,136,250
Previous Owner Lolaproperty Llc $3,250,000
Previous Owner Johnson William Joseph $2,150,000
Previous Owner Johnson William Joseph $1,312,500
Previous Owner Paul Laurence Edward $984,000
Previous Owner Vanhorn Vivian M $637,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2023 11/01/23 Rented $14,000 -6.6% --
09/21/2023 09/21/23 For Rent $14,995 -25.0% --
04/24/2017 04/24/17 Rented $20,000 0.0% --
02/15/2017 02/15/17 For Rent $20,000 -- --
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 $47,504 $4,012,328 $2,855,293 $1,157,035
2024 $47,504 $3,933,656 $2,799,307 $1,134,349
2023 $46,571 $3,856,526 $2,744,419 $1,112,107
2022 $44,380 $3,780,908 $2,690,607 $1,090,301
2021 $43,850 $3,706,773 $2,637,850 $1,068,923
2020 $44,313 $3,668,766 $2,610,803 $1,057,963
2019 $26,965 $2,272,110 $1,687,858 $584,252
2018 $26,879 $2,227,560 $1,654,763 $572,797
2017 $26,291 $2,183,883 $1,622,317 $561,566
2016 $25,709 $2,141,062 $1,590,507 $550,555
2015 $25,329 $2,108,903 $1,566,617 $542,286
2014 $25,399 $2,067,594 $1,535,930 $531,664
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-313935

The MLS

APN: 4288-029-039