NOT LISTED FOR SALE

1121 Abbot Kinney Blvd Unit 5 Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,460,000 - $2,548,000

2 Beds
1.5 Baths
1,371 Sq Ft
10,019 Sq Ft Lot

Last Sold February 08, 2013

Last sale price $1,250,000 $912 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $12,530/month

Highlights

  • Gated Parking
  • 10,102 Sq Ft lot
  • Breakfast Room
  • Venice High School Rated A
  • Furnished
  • Views

About This Home

As of May 2016

Welcome to the premier seasonal furnished Venice lease. Located in the absolute heart of Venice on Abbott Kinney Blvd. This incredible two story architectural loft was originally the architect's/owner's unit. The only Corner unit in the building with three separate balconies perfect for relaxing, hosting or people watching. Step out of your front door to unmatched access to shops and dining on Abbot Kinney. This fully furnished loft has floor-to-ceiling windows, custom wood cabinets, polished concrete floors with radiant heat & air conditioning throughout. Kitchen features stainless counter-tops, Bosch & subzero appliances, and dining area. The master bedroom & bath is situated on the second story with an additional bedroom/den. Solar powered building with secured access and 2 side by side parking spaces.

Last Agent to Rent the Property

Sam Shab

Compass License #01884821 Listed on: 03/10/2016

Compass

Last Renter's Agent

Sam Shab

Compass License #01884821 Listed on: 03/10/2016

Compass

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2005

Lot Details

  • 10,019

Interior Spaces

  • 1,371 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Living Room
  • Breakfast Room
  • Dining Room
  • Concrete Flooring
  • Property Views

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Covered Spaces
  • Gated Parking
  • Assigned Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Heating
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $10,000
  • Tenant pays for insurance
  • Month-to-Month Lease Term
  • Assessor Parcel Number 4239-022-065

Condo Details

Home Type

Condominium

Year Built

Built in 2005

Lot Details

10,019 Sq Ft Lot

Rental Info

  • Furnished: Furnished
  • Security Deposit: 10000
  • Tenant Pays: Insurance

Listing Details

  • Property Type: Residential Lease
  • Style: Architectural
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Lease Terms: Month To Month
  • Living Area: 1371
  • Stories: 2
  • Year Built: 2005
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Stained Concrete
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Equipment: Cable, Dishwasher, Dryer, Freezer, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 6.56

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Gated Underground
  • Total Parking: 2

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Central

Association/Amenities

  • Amenities: Gated Parking

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4239-022-065
  • Geocode Override: No
  • Lot Size Area: 10102

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2024
Sold by
Aroutiounian Samuel
Bought by
Samuel Aroutiounian Revocable Living Trust and Aroutiounian
Current Estimated Value
$2,071,256

Purchase Details

Closed on
May 29, 2015
Sold by
Petrosyan Romela
Bought by
Aroutiounian Samuel

Purchase Details

Listed on
Jan 3, 2013
Closed on
Jan 29, 2013
Sold by
Abbot Kinney Investments Llc
Bought by
Petrosyan Romela
Seller's Agent
Ramey Ward
Compass
Buyer's Agent
Emma Russell
LIV Sotheby's International Realty
List Price
$1,250,000
Sold Price
$1,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.18%

Purchase Details

Closed on
Aug 9, 2010
Sold by
Tiedemann Carl Hans
Bought by
Abbott Kinney Investments Llc

Purchase Details

Closed on
Dec 14, 2006
Sold by
Abbot Kinney Investments Llc
Bought by
Tiedemann Carl Hans

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 11, 2006
Sold by
Tiedemann Hisako
Bought by
Tiedemann Carl Hans

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
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
Samuel Aroutiounian Revocable Living Trust -- None Listed On Document
Aroutiounian Samuel -- None Available
Petrosyan Romela -- Lawyers Title
Abbott Kinney Investments Llc $1,060,010 Lawyers Title
Tiedemann Carl Hans $1,400,000 Landamerica
Tiedemann Carl Hans -- Landamerica
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tiedemann Carl Hans $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/12/2016 05/12/16 Rented $5,600 -37.8% --
04/12/2016 04/12/16 Under Contract -- -- --
03/24/2016 03/24/16 Price Changed $9,000 -10.0% $7 / Sq Ft
03/10/2016 03/10/16 For Rent $10,000 0.0% --
02/08/2013 02/08/13 Sold $1,250,000 0.0% $912 / Sq Ft View Prior Sale
01/05/2013 01/05/13 Pending -- -- --
01/03/2013 01/03/13 For Sale $1,250,000 -- $912 / 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 $22,445 $1,886,895 $841,290 $1,045,605
2024 $22,445 $1,849,898 $824,795 $1,025,103
2023 $22,005 $1,813,626 $808,623 $1,005,003
2022 $20,970 $1,778,066 $792,768 $985,298
2021 $20,716 $1,743,203 $777,224 $965,979
2019 $20,087 $1,691,501 $754,172 $937,329
2018 $20,033 $1,658,335 $739,385 $918,950
2016 $19,172 $1,593,942 $710,675 $883,267
2015 $15,441 $1,280,762 $922,149 $358,613
2014 $15,487 $1,255,675 $904,086 $351,589
Source: Public Records

Agents Affiliated with this Home

  • Sam Shab

    Landlord's Agent in 2016

    Sam Shab

    Compass

    (310) 500-7226

    1 in this area

    12 Total Sales

    Sam Shab
    Section Image
  • Ramey Ward

    Seller's Agent in 2013

    Ramey Ward

    Compass

    (310) 266-0867

    5 in this area

    21 Total Sales

    Ramey Ward
    Section Image
  • Emma Russell

    Buyer's Agent in 2013

    Emma Russell

    LIV Sotheby's International Realty

    (310) 913-8120

    33 in this area

    91 Total Sales

    Emma Russell
    Section Image

  • R

    Buyer's Agent in 2013

    Rachael Mary Petersen

    Halton Pardee and Partners, Inc.

See All Agents

Map

Source: The MLS

MLS Number: 16-105072

The MLS

APN: 4239-022-065

California Los Angeles County Venice 90291 Venice

1121 Abbot Kinney Blvd Unit 5, Venice, CA

Not Listed for Sale

Condos

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