D
Landlord's Agent in 2023
Daniel Alltounian
Element RE, Inc
(310) 804-7160
4 Total Sales
1103 Palms Blvd Unit 1103 Los Angeles, CA 90291
Venice NeighborhoodEstimated Value: $1,827,644 - $2,081,000
2
Beds
1
Bath
400
Sq Ft
$4,845/Sq Ft
Est. Value
Highlights
- Detached Guest House
- Furnished
- Laundry Room
- Venice High School Rated A
- Courtyard Views
- Studio bedroom
About This Home
As of September 2023A light-filled, newly renovated classic studio located in the heart of Venice. This bright and spacious unit is located within close distance of local restaurants, coffee shops, art galleries, and all the trendy spots in the area, as well as the beach. The studio features high ceilings, skylights, and double doors that lead to the garden, where you'll find a sitting area with table and chairs. The full kitchen is equipped with all the essentials, including a fridge, stove with convection oven, microwave, and toaster. The unit is furnished. The studio is temperature controlled with a "minisplit" system that both heats and cools the space. There is a shared laundry room on the property, as well as a beach shower. All utilities including electricity, gas, water, and high-speed internet are included in the rent. Access to the studio is through a side gate with a keypad lock, and there is plenty of street parking available. Venice is known for its canals, inspired by those in Italy, and the iconic boardwalk, home to Muscle Beach, street performers, vendors, bars, and restaurants. Trendy Abbot Kinney Boulevard and up-and-coming Rose Avenue are also popular destinations, with a variety of hip eateries and shops. Be sure to check out the Venice Pier, where you can enjoy scenic views.
Last Agent to Rent the Property
Element RE, Inc License #01501142 Listed on: 08/18/2023
Last Renter's Agent
Daniel H. Alltounian
Berkshire Hathaway HomeServices California License #01501142
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,769
Year Built
- Built in 1948
Lot Details
- 5,751 Sq Ft Lot
- Lot Dimensions are 40x143
- Landscaped
- Property is zoned LAR1
Home Design
- Bungalow
Interior Spaces
- 400 Sq Ft Home
- 1-Story Property
- Furnished
- Courtyard Views
- Laundry Room
Kitchen
- Convection Oven
- Disposal
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- Studio bedroom
- 1 Bathroom
Parking
- 2 Parking Spaces
- Public Parking
Additional Features
- Detached Guest House
- Heating Available
Community Details
- Laundry Facilities
Listing and Financial Details
- Security Deposit $2,350
- Tenant pays for cable TV
- Rent includes electricity, gardener, trash collection, water, gas
- Negotiable Lease Term
- Assessor Parcel Number 4243-002-049
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 4, 2020
Sold by
Burke James P and Burke Family Trust
Bought by
Burke James Patrick and Burke Lucia Gomes
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
3.74%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 16, 2015
Sold by
Burke James P
Bought by
Burke James P and Burke Family Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,000
Interest Rate
3.65%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 5, 2004
Sold by
Burke Lucia Gomes
Bought by
Burke James P and The Burke Family Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 10, 2002
Sold by
Burke James P
Bought by
Burke James P and Burke Family Trust
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Burke James Patrick | -- | California Title Company | |
| Burke James P | -- | Accommodation | |
| Burke James P | -- | Wfg National Title | |
| Burke James P | -- | Security Union Title | |
| Burke James P | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Burke James Patrick | $276,291 | |
| Closed | Burke James Patrick | $275,000 | |
| Closed | Burke James P | $100,000 | |
| Closed | Burke James P | $303,000 | |
| Closed | Burke James P | $351,000 | |
| Closed | Burke James P | $300,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/27/2023 09/27/23 | Rented | $2,350 | 0.0% | -- |
| 09/14/2023 09/14/23 | Price Changed | $2,350 | -11.3% | $6 / Sq Ft |
| 08/18/2023 08/18/23 | For Rent | $2,650 | -- | -- |
Source: The MLS
Tax History Compared to Growth
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 | $7,769 | $645,436 | $452,719 | $192,717 |
| 2024 | $7,769 | $632,782 | $443,843 | $188,939 |
| 2023 | $6,988 | $570,676 | $435,141 | $135,535 |
| 2022 | $6,667 | $559,487 | $426,609 | $132,878 |
| 2021 | $6,582 | $548,518 | $418,245 | $130,273 |
| 2019 | $6,385 | $532,251 | $405,841 | $126,410 |
| 2018 | $6,326 | $521,816 | $397,884 | $123,932 |
| 2016 | $6,051 | $501,555 | $382,435 | $119,120 |
| 2015 | $5,962 | $494,022 | $376,691 | $117,331 |
| 2014 | $5,987 | $484,346 | $369,313 | $115,033 |
Source: Public Records
Agents Affiliated with this Home
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-
D
Tenant's Agent in 2023
Daniel H. Alltounian
Berkshire Hathaway HomeServices California
Map
Source: The MLS
MLS Number: 23-302065
APN: 4243-002-049
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