NOT LISTED FOR SALE

120 Wavecrest Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $2,655,620 - $4,311,000

3 Beds
3 Baths
2,015 Sq Ft
$1,571/Sq Ft Est. Value

Last Sold January 20, 2017

Last sale price $1,870,000 $928 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $18,690/month

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Built-In Features
  • Venice High School Rated A
  • Den
  • 2-minute walk to Westminster Dog Park

About This Home

As of January 2023

Location, Location, Location. Everything is on your doorstep on this beautify walking street- 1 block to Venice Beach & 1 block to Abbot Kinney Blvd., for superb dining art, music and shopping. Santa Monica/Whole Foods just a few blocks away. Complete remodel featuring 2,015 Sq. Ft. of living space 3br, 3bt, Open concept living room with a state of the art kitchen and high end appliances. Spacious bedrooms and a bright master w/private deck perfect for relaxation. The front yard is perfect for indoor/outdoor living with a built outdoor kitchen( bbq,fridge,) The entire property is private, gated and 3 parking spaces. Everything is custom. Must see!

Last Agent to Rent the Property

Carlos Villegas

eXp Realty of California Inc License #01775788 Listed on: 12/14/2022

eXp Realty of California Inc

Last Renter's Agent

Sebastian Lorefice

Compass License #02128010

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1913

Lot Details

  • 2,250 Sq Ft Lot
  • Lot Dimensions are 30x75
  • Property is zoned LARD1.5

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2,015 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Den
  • Wood Flooring
  • Property Views

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Automatic Gate
  • Assigned Parking

Additional Features

  • Outdoor Grill
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $12,000
  • $35,000 Move-In Fee
  • Tenant pays for gas, insurance
  • 12 Month Lease Term
  • Assessor Parcel Number 4238-001-029

Home Details

Home Type

Single Family

Year Built

Built in 1913

Lot Details

0

Rental Info

  • Credit Report Paid By: Owner
  • Credit Report Required: Yes
  • Furnished: Furnished Or Unfurnished
  • Land Lease Purchase Yn: No
  • Lease Option: 1
  • Security Deposit: 12000
  • Tenant Pays: Gas, Insurance
  • Total Move In Costs: 35000.00

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Lease Terms: 1+Year
  • Living Area: 2015
  • Lot Acreage: 0.0517
  • Lot Dimensions: 30x75
  • Monthto Month: No
  • Planned Urban Dev: 0
  • Stories: 2
  • Year Built: 1913
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside
  • Total Bathrooms: 3.00
  • Equipment: Barbeque, Built-Ins, Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 5.96

Exterior Features

  • Pool: No
  • Spa Yn: No
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Smoke Detector

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4238-001-029
  • Lot Size Area: 2250

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2016
Closed on
Dec 23, 2016
Sold by
Carlson Linda K and The Carlson Family Trust
Bought by
Dall Anese Damiano
Seller's Agent
Caroline Weaver
Compass
Buyer's Agent
Carlos Villegas
eXp Realty of California Inc
List Price
$2,095,000
Sold Price
$1,870,000
Premium/Discount to List
-$225,000
-10.74%
Current Estimated Value
$3,166,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,296,405
Avg. Annual Appreciation
6.08%
Original Mortgage
$1,490,000
Outstanding Balance
$1,225,248
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$1,941,157

Purchase Details

Closed on
Jul 1, 2005
Sold by
Lowe Michael H and Lowe Christine G
Bought by
Carlson Edmund A and Carlson Linda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 2004
Sold by
Lowe Michael H and Lowe Christy M Glass
Bought by
Lowe Michael H and Lowe Christine G

Purchase Details

Closed on
Jan 22, 2002
Sold by
Lowe Michael H and Glass Christine M
Bought by
Lowe Michael H and Lowe Christy M Glass

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$542,000
Interest Rate
4.95%

Purchase Details

Closed on
Apr 5, 1999
Sold by
Nuzzo Anthony C
Bought by
Lowe Michael H and Glass Christine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,000
Interest Rate
6.35%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 15, 1996
Sold by
Halsey Richardson E and Halsey Colleen
Bought by
Nuzzo Anthony C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,960
Interest Rate
7.82%
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
Dall Anese Damiano $1,870,000 Progressive Title Company
Carlson Edmund A $1,525,000 Southland Title Company
Lowe Michael H -- --
Lowe Michael H -- First American Title Co
Lowe Michael H $665,000 Old Republic Title
Nuzzo Anthony C $381,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dall Anese Damiano $1,490,000
Previous Owner Carlson Edmund A $1,120,000
Previous Owner Lowe Michael H $542,000
Previous Owner Lowe Michael H $532,000
Previous Owner Nuzzo Anthony C $342,960
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/24/2023 01/24/23 Rented $12,000 0.0% --
12/14/2022 12/14/22 For Rent $12,000 +20.0% --
12/01/2021 12/01/21 Rented $10,000 -8.3% --
11/29/2021 11/29/21 Price Changed $10,900 -5.2% $5 / Sq Ft
11/16/2021 11/16/21 Price Changed $11,500 -2.5% $6 / Sq Ft
10/22/2021 10/22/21 Price Changed $11,800 -5.6% $6 / Sq Ft
10/18/2021 10/18/21 For Rent $12,500 +4.2% --
07/03/2020 07/03/20 Rented $12,000 -4.0% --
06/20/2020 06/20/20 Price Changed $12,500 -5.7% $6 / Sq Ft
06/02/2020 06/02/20 For Rent $13,250 0.0% --
01/20/2017 01/20/17 Sold $1,870,000 -6.3% $928 / Sq Ft View Prior Sale
12/18/2016 12/18/16 Pending -- -- --
11/29/2016 11/29/16 Price Changed $1,995,000 -4.8% $990 / Sq Ft
11/05/2016 11/05/16 For Sale $2,095,000 -- $1,040 / Sq Ft
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 $25,785 $2,170,289 $1,736,233 $434,056
2024 $25,785 $2,127,736 $1,702,190 $425,546
2023 $25,282 $2,086,016 $1,668,814 $417,202
2022 $24,097 $2,045,115 $1,636,093 $409,022
2021 $23,805 $2,005,015 $1,604,013 $401,002
2019 $23,086 $1,945,547 $1,556,438 $389,109
2018 $23,008 $1,907,400 $1,525,920 $381,480
2016 $21,063 $1,760,466 $1,408,376 $352,090
2015 $19,511 $1,630,000 $1,417,700 $212,300
2014 $18,895 $1,543,000 $1,342,000 $201,000
Source: Public Records

Agents Affiliated with this Home

  • Carlos Villegas

    Landlord's Agent in 2023

    Carlos Villegas

    eXp Realty of California Inc

    (661) 619-7335

    102 Total Sales

    Carlos Villegas
    Section Image
  • Sebastian Lorefice

    Tenant's Agent in 2023

    Sebastian Lorefice

    Compass

    (908) 670-1357

    12 Total Sales

    Sebastian Lorefice
    Section Image

  • K

    Buyer's Agent in 2020

    Keri Coughlan

    Pardee Properties

    (310) 392-2402

    1 Total Sale

    Keri Coughlan
    Section Image

  • C

    Seller's Agent in 2017

    Caroline Weaver

    Compass

    Section Image
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Map

Source: The MLS

MLS Number: 22-225035

The MLS

APN: 4238-001-029

California Los Angeles County Venice 90291 Venice

120 Wavecrest Ave, Venice, CA

Not Listed for Sale

Detached

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