NOT LISTED FOR SALE

Estimated Value: $1,747,000 - $1,993,857

3 Beds
2 Baths
1,239 Sq Ft
$1,514/Sq Ft Est. Value

Last Sold January 29, 2024

Last sale price $1,720,000 $1,388 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $11,239/month

Highlights

  • Detached Guest House
  • Automatic Gate
  • Open Floorplan
  • Venice High School Rated A
  • City View
  • 3-minute walk to Westminster Dog Park

About This Home

As of July 2024

Discover a quintessential California Bungalow with a detached studio in Venice, fully furnished and supremely positioned just one block from both Abbot Kinney and the beach. With privacy and security in mind, the residence is set behind a gate with coded entry that opens to a spacious front deck with built-in seating and the ideal vantage point to engage with the neighborhood. Inside the main home, spacious interiors gleam with radiant natural light and ocean breezes from large windows. Medium-toned, original hardwood floors lead through the open floor plan, with a living room, dining area, and airy kitchen with quartz countertops, an apron sink, and a retro Smeg refrigerator. Down the hall are two bedrooms, inclusive of the primary suite with a remodeled en suite bath featuring a glass-enclosed tile shower. The backyard is enveloped by lush landscaping and offers an expansive wooden deck with room to revel in the California sunshine and dine al fresco. From the backyard access a detached studio with a full kitchen, a stunning full bath, and a spacious living area. This versatile space is ideal for a guest suite, private home office or studio, and more! Residents enjoy a vibrant Venice Beach community with moments-away access to popular shopping, dining, and amenities along Abbot Kinney Blvd, as well as the illustrious beach and boardwalk. Take advantage of this rare opportunity to realize the dream California lifestyle in a premier coastal setting.

Last Agent to Rent the Property

F. Ron Smith

Compass License #00961954 Listed on: 07/17/2024

Compass

Co-Listed By

David Berg

Compass License #01481236

Compass

Last Renter's Agent

David Berg

Compass License #01481236

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1907 | Remodeled

Lot Details

  • 3,000 Sq Ft Lot
  • Gated Home
  • Wood Fence
  • Landscaped
  • Back Yard
  • Property is zoned LARD1.5

Home Design

  • Bungalow
  • Turnkey

Interior Spaces

  • 1,239 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Furnished
  • Recessed Lighting
  • Entryway
  • Living Room with Attached Deck
  • Dining Area
  • Home Office
  • City Views
  • Security Lights

Kitchen

  • Open to Family Room
  • Oven
  • Gas Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Stone Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Driveway
  • Automatic Gate

Utilities

  • Cooling System Mounted To A Wall/Window
  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window
  • Tankless Water Heater

Additional Features

  • Covered Patio or Porch
  • Detached Guest House
  • City Lot

Community Details

  • Card or Code Access

Listing and Financial Details

  • Security Deposit $20,000
  • Tenant pays for electricity, gas
  • Rent includes trash collection, water
  • Negotiable Lease Term
  • Assessor Parcel Number 4286-013-010

Home Details

Home Type

Single Family

Year Built

Built in 1907 | Remodeled

Lot Details

0

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Furnished: Furnished
  • Land Lease Purchase Yn: No
  • Rent Includes: Trash Collection, Water
  • Security Deposit: 20000
  • Tenant Pays: Electricity, Gas

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Style: California Bungalow
  • Single Family Or Apt: Condo/Apt
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Foyer
  • Lease Terms: Negotiable
  • Living Area: 1239
  • Lot Acreage: 0.0689
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1907
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Laundry - Closet Stacked, Living Room Deck Attached, Open Floor Plan, Recessed Lighting, Turnkey, Furnished
  • Flooring: Tile, Wood
  • Appliances: Gas, Range, Microwave, Cooktop - Gas, Oven
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Ground Floor Master, Main Floor Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Remodeled, Shower Stall, Tile
  • Three Quarter Bathrooms: 0
  • Eating Areas: Dining Area
  • Kitchen Features: Stone Counters, Remodeled, Open to Family Room
  • Laundry: Laundry Closet Stacked, In Unit
  • Total Bathrooms: 2.00
  • Equipment: Freezer, Dishwasher, Dryer, Microwave, Washer, Refrigerator, Range/Oven
  • Price Per S Q F T: 8.07

Exterior Features

  • Other Structures: GuestHouse
  • Fence: Privacy, Wood
  • Guest House: Detached
  • Patio: Deck(s), Living Room Deck Attached, Patio Open, Wood, Porch - Front, Covered Porch
  • Pool: No
  • Spa Yn: No
  • View: City
  • View: Yes

Garage/Parking

  • Other Spaces: 1
  • Parking Garage: Auto Driveway Gate, Driveway, Gated
  • Total Parking: 1

Utilities

  • Water Heater: Tankless
  • Cooling: Window Unit(s), Wall/Window
  • Heating: Wall
  • Security: Card/Code Access, Exterior Security Lights, Gated

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4286-013-010
  • Lot Description: Fenced, Exterior Security Lights, Back Yard, Landscaped, Yard
  • Lot Location: City
  • Lot Size Area: 3000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2023
Closed on
Jan 18, 2024
Sold by
Electric Avenue Films Inc
Bought by
Arash And Sheila Nassi Family Trust and Nassi
Seller's Agent
David Solomon
Douglas Elliman of California, Inc.
Buyer's Agent
F. Ron Smith
Compass
List Price
$1,695,000
Sold Price
$1,720,000
Premium/Discount to List
$25,000
1.47%
Views
84
Current Estimated Value
$1,875,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,964
Avg. Annual Appreciation
4.32%
Original Mortgage
$1,118,000
Outstanding Balance
$1,090,986
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$784,978

Purchase Details

Closed on
May 20, 2019
Sold by
Gifford Daniel
Bought by
Electric Avenue Films Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,185,000
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 6, 2018
Closed on
Oct 24, 2018
Sold by
Jacobson Matthew F and Jacobson Harlan
Bought by
Electric Avenue Films Inc
Seller's Agent
Marlene Salcido
Sotheby's International Realty
Buyer's Agent
Giles Donovan
Donovan Real Estate Brokerage
List Price
$1,250,000
Sold Price
$1,353,000
Premium/Discount to List
$103,000
8.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.59%
Original Mortgage
$1,082,400
Interest Rate
4.7%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 6, 2018
Closed on
Sep 28, 2018
Sold by
Jacobson Matthew F and Matthew Acobson Trust
Bought by
Jacobson Rosemarie and Jacobson Matthew F
Seller's Agent
Marlene Salcido
Sotheby's International Realty
Buyer's Agent
Giles Donovan
Donovan Real Estate Brokerage
List Price
$1,250,000
Sold Price
$1,353,000
Premium/Discount to List
$103,000
8.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,082,400
Interest Rate
4.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 18, 2017
Sold by
Jacobson Matthew F
Bought by
Jacobson Matthew F and Matthew Jacobson Trust

Purchase Details

Closed on
Feb 14, 2007
Sold by
Jacobson Matthew F
Bought by
Baehr Edith Irene and Jacobson Rosemarie

Purchase Details

Closed on
Dec 14, 2006
Sold by
Baehr Edith Irene and Jacobson Rosemarie
Bought by
Jacobson Matthew F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2001
Sold by
Baehr Edith Irene and Jacobson Rosemarie
Bought by
Baehr Edith Irene and Jacobson Rosemarie
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Arash And Sheila Nassi Family Trust $1,720,000 Fidelity National Title
Electric Avenue Films Inc -- Accommodation
Gifford Daniel -- Western Resources Title Co
Electric Avenue Films Inc $1,353,000 Equity Title Company
Jacobson Rosemarie -- None Available
Jacobson Matthew F -- None Available
Jacobson Rosemarie -- None Available
Jacobson Rosemarie -- None Available
Baehr Edith Irene -- Accommodation
Jacobson Matthew F -- Fidelity National Title Co
Baehr Edith Irene -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arash And Sheila Nassi Family Trust $1,118,000
Previous Owner Gifford Daniel $1,185,000
Previous Owner Electric Avenue Films Inc $1,082,400
Previous Owner Jacobson Matthew F $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/26/2024 07/26/24 Rented $10,500 +5.0% --
07/17/2024 07/17/24 For Rent $10,000 0.0% --
01/29/2024 01/29/24 Sold $1,720,000 +1.5% $1,388 / Sq Ft View Prior Sale
12/15/2023 12/15/23 Pending -- -- --
12/08/2023 12/08/23 For Sale $1,695,000 +25.3% $1,368 / Sq Ft
11/06/2018 11/06/18 Sold $1,353,000 +8.2% $1,092 / Sq Ft View Prior Sale
09/17/2018 09/17/18 Pending -- -- --
09/06/2018 09/06/18 For Sale $1,250,000 -- $1,009 / 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 $17,968 $1,754,400 $1,403,520 $350,880
2024 $17,968 $1,479,700 $1,421,738 $57,962
2023 $17,620 $1,450,687 $1,393,861 $56,826
2022 $16,796 $1,422,243 $1,366,531 $55,712
2021 $16,594 $1,394,357 $1,339,737 $54,620
2020 $16,768 $1,380,060 $1,326,000 $54,060
2019 $16,094 $1,353,000 $1,300,000 $53,000
2018 $3,764 $300,416 $196,643 $103,773
2016 $3,594 $288,753 $189,008 $99,745
2015 $3,542 $284,416 $186,169 $98,247
2014 $3,567 $278,846 $182,523 $96,323
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-408801

The MLS

APN: 4286-013-010