NOT LISTED FOR SALE

1131 Cabrillo Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,683,000 - $2,184,356

3 Beds
2 Baths
1,536 Sq Ft
$1,269/Sq Ft Est. Value

Last Sold March 02, 2022

Last sale price $1,650,000 $1,074 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $12,357/month

152 Days on Market

Highlights

  • Open Floorplan
  • Craftsman Architecture
  • Main Floor Bedroom
  • Venice High School Rated A
  • Wood Flooring
  • No HOA

About This Home

As of March 2022

Start Living the Venice Beach Picturesque Lifestyle in this Vintage 1915 Craftsman Duplex.

Located next to the coolest and most coveted Abbot Kinney Boulevard with boho chic and stylish boutiques, trendy restaurants, foodie hot spots, and sophisticated galleries. You are in the heart of this buzzing beach town blocks to the eclectic oceanfront Venice Boardwalk and Main Street.

If you've been wanting to live in Venice, here's your opportunity! Spacious 2 bedrooms and 1 bath is beautifully updated while embracing its timeless roots. It exudes period charm and craftsmanship in its details and custom built in cabinetry. Desirable open-concept living/dining room is filled with natural light and ocean breezes and perfect for entertaining. Wonderful spacious backyard patio leads to the quaint 1 bedroom and 1 bath owner's bungalow retreat with attached 1 car garage.

This is an amazing opportunity with endless potential as an investment, as an owner occupied property, or to use as a fun vacation home or vacation rental. Possibilities from tear-down or restoration to total redevelopment are unlimited to re-imagine in this fantastic highly desirable location. Beach Living at its Best.

Last Agent to Sell the Property

Mimi Kim

Engel & Völkers Burbank License #01269481 Listed on: 09/09/2021

Engel & Völkers Burbank

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,832

Year Built

  • Built in 1915

Lot Details

  • 2,550 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Rectangular Lot
  • Back and Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Garage Door Opener

Home Design

  • Duplex
  • Craftsman Architecture
  • Turnkey
  • Cosmetic Repairs Needed

Interior Spaces

  • 1,536 Sq Ft Home
  • Open Floorplan
  • Decorative Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring
  • Neighborhood Views

Kitchen

  • Gas Oven
  • Gas Range

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Jack-and-Jill Bathroom
  • 2 Full Bathrooms
  • Soaking Tub
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Tankless Water Heater

Additional Features

  • Brick Porch or Patio
  • Two Homes on a Lot

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 4 / 14
  • Tax Tract Number 273502
  • Assessor Parcel Number 4238003015
  • $223 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,832

Year Built

Built in 1915

Lot Details

0

Parking

1

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Inclusions: Presently existing washer/dryer, stove and refrigerator.
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: LARD1.5
  • Architectural Style: Craftsman
  • Property Condition: Repairs Cosmetic, Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 4238003015
  • Year Built: 1915
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1536.00 Square Feet
  • Interior Amenities: Open Floorplan, Unfurnished
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Fireplace Features: Living Room, Decorative
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1074.22
  • Room Type: All Bedrooms Down, Jack & Jill, Kitchen, Living Room, Main Floor Bedroom
  • Bathroom Features: Bathtub, Shower In Tub, Soaking Tub

Exterior Features

  • Patio: Yes
  • Other Structures: Two On A Lot
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Brick, Concrete, Patio, Patio Open
  • Pool Private: No
  • Roof: Other
  • Spa: No
  • Construction Materials: Unknown

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage, Garage Door Opener
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Refrigerator, Tankless Water Heater
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Outside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Front Yard, Rectangular Lot
  • Lot Size Sq Ft: 2550.00
  • Lot Size Acres: 0.0585
  • Latitude Manual: 33.99093100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2550.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 14
  • Tax Census Tract: 2735.02
  • Tax Lot: 4
  • Tax Tract Number: 273502
  • TaxOtherAnnualAssessmentAmount: 223.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2021
Closed on
Feb 15, 2022
Sold by
Schiffmann Egon C and Septembe Hildegard
Bought by
Eggers Rebekah
Seller's Agent
Mimi Kim
Engel & Völkers Burbank
List Price
$1,799,000
Sold Price
$1,650,000
Premium/Discount to List
-$149,000
-8.28%
Current Estimated Value
$1,949,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$299,339
Avg. Annual Appreciation
4.89%

Purchase Details

Listed on
Sep 9, 2021
Closed on
Feb 10, 2022
Sold by
Eggers Michael C
Bought by
Eggers Rebekah
Seller's Agent
Mimi Kim
Engel & Völkers Burbank
List Price
$1,799,000
Sold Price
$1,650,000
Premium/Discount to List
-$149,000
-8.28%

Purchase Details

Listed on
Mar 12, 2019
Closed on
Apr 24, 2019
Sold by
1131 Cabrillo Ave Llc
Bought by
Schiffman Egon C Hilldegard M Liv Tr
Seller's Agent
Mimi Kim
Engel & Völkers Burbank
Buyer's Agent
Mimi Kim
Engel & Völkers Burbank
Sold Price
$4,000

Purchase Details

Closed on
Sep 29, 2018
Sold by
Schiffmann William and Hernandez Christa
Bought by
1131 Cabrillo Ave Llc
Source: Public Records

Range of Values:

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Average Value
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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
Eggers Rebekah $1,650,000 Orange Coast Title
Eggers Rebekah -- Orange Coast Title
Schiffman Egon C Hilldegard M Liv Tr -- Stewart Title
1131 Cabrillo Ave Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schiffmann Hildegard M $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2022 03/02/22 Sold $1,650,000 -8.3% $1,074 / Sq Ft
02/08/2022 02/08/22 For Sale $1,799,000 +9.0% $1,171 / Sq Ft
01/23/2022 01/23/22 Off Market $1,650,000 -- --
09/09/2021 09/09/21 For Sale $1,799,000 0.0% $1,171 / Sq Ft
04/05/2019 04/05/19 Rented $4,000 0.0% --
03/16/2019 03/16/19 For Rent $4,000 0.0% --
03/12/2019 03/12/19 Off Market $4,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $20,832 $1,750,993 $1,591,812 $159,181
2024 $20,832 $1,716,660 $1,560,600 $156,060
2023 $20,427 $1,683,000 $1,530,000 $153,000
2022 $751 $43,830 $27,691 $16,139
2021 $731 $42,972 $27,149 $15,823
2020 $734 $42,532 $26,871 $15,661
2019 $713 $41,699 $26,345 $15,354
2018 $667 $40,882 $25,829 $15,053
2016 $623 $39,296 $24,827 $14,469
2015 $616 $38,707 $24,455 $14,252
2014 $634 $37,949 $23,976 $13,973
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Mimi Kim

    Engel & Völkers Burbank

    (818) 450-2034

    1 in this area

    20 Total Sales

    Mimi Kim
    Section Image
  • Madison Hildebrand

    Buyer Co-Listing Agent in 2022

    Madison Hildebrand

    Compass

    (310) 818-5788

    3 in this area

    58 Total Sales

    Madison Hildebrand
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB21197160

California Regional Multiple Listing Service (CRMLS)

APN: 4238-003-015

California Los Angeles County Venice 90291 Venice

1131 Cabrillo Ave, Venice, CA

This home is located at 1131 Cabrillo Ave, Venice, CA 90291 since 09 September 2021 and is currently estimated at $1,949,339, approximately $1,269 per square foot. This property was built in 1915. 1131 Cabrillo Ave is a home located in Los Angeles County with nearby schools including Westminster Avenue Elementary School, Mark Twain Middle School, and Venice High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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