NOT LISTED FOR SALE

114 Wavecrest Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $2,376,527 - $2,681,000

3 Beds
2.5 Baths
1,910 Sq Ft
$1,323/Sq Ft Est. Value

Highlights

  • Craftsman Architecture
  • Wood Flooring
  • Built-In Features
  • Venice High School Rated A
  • Sun or Florida Room
  • 1-minute walk to Westminster Dog Park

About This Home

As of August 2020

The Wavecrest House is a rare Venice Beach Single-Family Airplane Craftsman House built in 1912. Only 1.25 BLKs from Venice Beach on a lovely walkstreet. Using most of the original house's architectural details and Vintage styling, WAINSCOATING, CROWN MOLDINGS, BEAM CEILING, SKYLIGHTS in tandem with modern amenities frames this 1900 square foot 2 story 3 bedroom 2 1.2 bath. Features include; Renewed Central heat/air, Chefs Kitchen with a new Bertazzoni stove, stainless refrigerator, dishwasher and inside washer/dryer. Spacious Living room with fireplace, formal dining room and versatile enclosed glassed porch perch over lush garden, waterfall coi-fish pond and historic walk street. Backside deck with BBQ leads to 3 car Parking. You can add your own history and live in this amazing home, close to Abbot Kinney, Main Street shopping/dinning and the beach. Your life will soar while residing in this distinctive and convenient home.

Last Agent to Rent the Property

Golda Savage

Bulldog Realtors, Inc. License #01308198 Listed on: 07/31/2020

Last Renter's Agent

Golda Savage

Bulldog Realtors, Inc. License #01308198 Listed on: 07/31/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,361

Year Built

  • Built in 1912

Lot Details

  • 2,250 Sq Ft Lot
  • Property is zoned LARD1.5

Home Design

  • Craftsman Architecture

Interior Spaces

  • 1,910 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Dining Area
  • Sun or Florida Room
  • Property Views

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces

Outdoor Features

  • Outdoor Grill

Utilities

  • Forced Air Heating System
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $14,500
  • Tenant pays for cable TV, electricity, gas, insurance, trash collection, water
  • Rent includes gardener
  • 12 Month Lease Term
  • Assessor Parcel Number 4238-001-027

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,361

Year Built

Built in 1912

Lot Details

0

Rental Info

  • Credit Report Amount: 20.00
  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Rent Includes: Gardener
  • Security Deposit: 14500
  • Tenant Pays: Cable TV, Electricity, Gas, Insurance, Trash Collection, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Craftsman
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Advertising Remarks: Character Craftsman home 1.25 BLKs from Venice Beach. The Wavecrest House is a rare Airplane Craftsman House built in 1912. Using most of the original house's architectural details This lovingly restored home features 3 bedrooms, 2 ½ baths, a living room with a wood burning fireplace, large dining room, kitchen and sun porch. The 2nd floor bathroom has been restored with antique bathroom fixtures including a 1906 48 inch Mott Pedestal Sink and 5'9' Standard bath tub, both brought down from San Francisco, both surviving the 1906 earthquake. The toilet is an 1885 Jon Douglas Victorian toilet, complete with a hand break flush. The shower (the only reproduction) measures 5x5 feet, contains 6 Waterworks showerheads and a crank window, to let the steam out. The guest bathroom contains all the original 1912 bathroom fixtures from the house with one change, an 1885 Jon Douglas pull chain toilet with a porcelain tank. The kitchen features a new Samsung fridge, a Gaggenau stainless dishwasher, and a 25 year old Viking Stove that has also been restored with new burners, starters and oven thermostat. Enjoy the lush garden, waterfall with koi-fish pond back deck with BBQ that leads to 3 car Parking. All of this close to Abbot Kinney, Main Street and the beach.
  • Lease Terms: 1+Year
  • Living Area: 1910
  • Stories: 2
  • Year Built: 1912
  • Number Of Photos: 29
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Tile
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area, In Kitchen
  • Laundry: In Closet
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Barbeque, Built-Ins, Cable, Dishwasher, Dryer, Hood Fan, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 3.80

Exterior Features

  • Pool: No
  • View: Walk Street
  • View: Yes

Garage/Parking

  • Other Spaces: 3
  • Parking Garage: Uncovered
  • Total Parking: 3

Utilities

  • Heating: Forced Air

Association/Amenities

  • Pet Rules: Yes

Lot Info

  • Assessor Parcel Number: 4238-001-027
  • Lot Size Area: 2250

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2022
Sold by
Jay I Kamen Trust
Bought by
Crompton Joseph Garfield and Le Kim Thien
Current Estimated Value
$2,526,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,680,000
Outstanding Balance
$1,565,933
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$960,199

Purchase Details

Closed on
Nov 15, 2012
Sold by
Kamen Jay Ivan
Bought by
Kamen Jay I and Jay I Kamen Trust

Purchase Details

Closed on
Oct 16, 2000
Sold by
Stees Randall and Hamada Sumiye S
Bought by
Kamen Jay Ivan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
7.81%
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
Crompton Joseph Garfield $2,100,000 First American Title Company O
Crompton Joseph Garfield $2,100,000 First American Title Company O
Kamen Jay I -- None Available
Kamen Jay Ivan $675,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crompton Joseph Garfield $1,680,000
Closed Crompton Joseph Garfield $1,680,000
Previous Owner Kamen Jay I $750,000
Previous Owner Kamen Jay I $442,600
Previous Owner Kamen Jay Ivan $475,000
Previous Owner Kamen Jay I $452,700
Previous Owner Kamen Jay Ivan $535,000
Previous Owner Kamen Jay Ivan $535,000
Previous Owner Kamen Jay Ivan $150,000
Previous Owner Kamen Jay Ivan $537,000
Previous Owner Kamen Jay Ivan $540,000
Previous Owner Kamen Jay Ivan $540,000
Previous Owner Steeb Randall $345,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2020 08/11/20 Rented $6,995 -3.5% --
07/31/2020 07/31/20 For Rent $7,250 +11.5% --
12/22/2016 12/22/16 Rented $6,500 0.0% --
12/16/2016 12/16/16 For Rent $6,500 0.0% --
12/15/2016 12/15/16 Off Market $6,500 -- --
12/15/2016 12/15/16 For Rent $6,500 0.0% --
12/14/2016 12/14/16 Off Market $6,500 -- --
10/28/2016 10/28/16 Price Changed $6,500 -7.1% $3 / Sq Ft
09/07/2016 09/07/16 For Rent $6,995 +3.6% --
09/17/2015 09/17/15 Rented $6,750 0.0% --
09/16/2015 09/16/15 Under Contract -- -- --
09/09/2015 09/09/15 Price Changed $6,750 -3.5% $4 / Sq Ft
08/09/2015 08/09/15 For Rent $6,995 -- --
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 $26,361 $2,228,536 $1,782,829 $445,707
2024 $26,361 $2,184,840 $1,747,872 $436,968
2023 $25,845 $2,142,000 $1,713,600 $428,400
2022 $11,326 $958,443 $766,761 $191,682
2021 $11,180 $939,651 $751,727 $187,924
2019 $10,842 $911,782 $729,431 $182,351
2018 $10,790 $893,905 $715,129 $178,776
2016 $10,312 $859,195 $687,360 $171,835
2015 $10,160 $846,290 $677,036 $169,254
2014 $10,193 $829,713 $663,774 $165,939
Source: Public Records

Agents Affiliated with this Home

  • G

    Landlord's Agent in 2020

    Golda Savage

    Bulldog Realtors, Inc.

    Section Image
  • Steve Sanders

    Buyer's Agent in 2016

    Steve Sanders

    Compass

    (323) 828-6471

    57 Total Sales

    Steve Sanders
    Section Image
  • Doug Stoddard

    Seller Co-Listing Agent in 2015

    Doug Stoddard

    Flow Properties

    (310) 913-8444

    1 in this area

    14 Total Sales

    Doug Stoddard
    Section Image
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Map

Source: The MLS

MLS Number: 20-612320

The MLS

APN: 4238-001-027

California Los Angeles County Venice 90291 Venice

114 Wavecrest Ave, Venice, CA

This home is located at 114 Wavecrest Ave, Venice, CA 90291 since 31 July 2020 and is currently priced at $2,526,132. This property was built in 1912. 114 Wavecrest 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.

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