NOT LISTED FOR SALE

1212 Abbot Kinney Blvd Unit C Venice, CA 90291

Venice Neighborhood

Estimated Value: $4,202,000 - $7,792,387

3 Beds
3 Baths
4,291 Sq Ft
$1,463/Sq Ft Est. Value

Last Sold May 09, 2013

Last sale price $2,300,000 $536 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $36,070/month

Highlights

  • Coastline Views
  • Home Theater
  • Dining Room with Fireplace
  • Venice High School Rated A
  • Solar Power System
  • Wood Flooring

About This Home

As of May 2019

Located in the heart of Venice on vibrant Abbot Kinney Blvd, this is the ultimate modern live/work space. Perfect for your home, gallery, studio or office. This Eco-friendly artist loft is complete with 3 levels, infused with natural light and encompasses architectural details throughout. Designed by the renound Equinox Architecture firm, the open floor plan with 3 bed rooms, 3 bathrooms boasts sky high ceilings, custom builtins, chefs kitchen, radiant polished concrete and bamboo floors. Relax, work or entertain on the rooftop deck with amazing panoramic city, mountain and ocean views. Private 2 car garage, security system.

Last Agent to Rent the Property

Gregory Bega

Sotheby's International Realty License #00935802 Listed on: 10/02/2018

Sotheby's International Realty

Co-Listed By

Lindsay Galbraith

Sotheby's International Realty License #01873410

Last Renter's Agent

Subscriber Non

Non-Participant Office License #13252

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,564

Year Built

  • Built in 2007

Lot Details

  • 5,245 Sq Ft Lot
  • Property is zoned LAC2

Property Views

  • Coastline
  • Panoramic
  • City Lights

Interior Spaces

  • 4,291 Sq Ft Home
  • Built-In Features
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 2 Fireplaces
  • Home Theater
  • Home Office
  • Loft
  • Sun or Florida Room
  • Alarm System

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Powder Room
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Parking Storage or Cabinetry

Additional Features

  • Solar Power System
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $59,000
  • Tenant pays for air cond/heat maint, cable TV, electricity, gardener, gas, insurance, interior maint, trash collection, water
  • 12 Month Lease Term
  • Assessor Parcel Number 4238-003-049

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,564

Year Built

Built in 2007

Lot Details

0

Rental Info

  • Furnished: Furnished Or Unfurnished
  • Security Deposit: 59000
  • Tenant Pays: Air Cond/Heat Maint, Cable TV, Electricity, Gardener, Gas, Insurance, Interior Maint, Trash Collection, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Architectural
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 4291
  • Year Built: 2007
  • Number Of Photos: 42
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplace Rooms: Dining, Living Room
  • Flooring: Cement, Hardwood
  • Bedrooms: 3
  • Fireplaces: 2
  • Full Bathroom: 3
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Alarm System, Built-Ins, Dishwasher, Dryer, Freezer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Solar Panels, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 6.18

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: City, City Lights, Coastline, Panoramic, Walk Street
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Built-In Storage, Covered Parking, Direct Entrance, Garage - 2 Car
  • Total Parking: 3

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4238-003-049
  • Geocode Override: No
  • Lot Size Area: 5245

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2017
Sold by
Shelmerdine Mark E A
Bought by
Morely Trust
Current Estimated Value
$6,275,796

Purchase Details

Listed on
May 28, 2012
Closed on
Apr 15, 2013
Sold by
Behunin Nicholas J and Jensen Chris P
Bought by
Shelmerdine Mark E A
Seller's Agent
Tamra Pardee
Pardee Properties
Buyer's Agent
Melanie Sommers
Compass
List Price
$2,700,000
Sold Price
$2,300,000
Premium/Discount to List
-$400,000
-14.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.40%
Original Mortgage
$1,000,000
Interest Rate
2.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2010
Sold by
Jensen Chrissy Loren
Bought by
Jensen Chris P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,365,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2010
Sold by
1210 Abbot Kinney Llc
Bought by
Behunin Nicholas J and Jensen Chris P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,365,000
Interest Rate
5.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Morely Trust -- None Available
Shelmerdine Mark E A $2,300,000 Chicago Title Company
Jensen Chris P -- Chicago Title Company
Behunin Timothy G -- Chicago Title Company
Behunin Nicholas J -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shelmerdine Mark E A $1,000,000
Previous Owner Behunin Nicholas J $1,365,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/30/2019 05/30/19 Rented $26,500 0.0% --
03/12/2019 03/12/19 Price Changed $26,500 -1.9% $6 / Sq Ft
01/15/2019 01/15/19 Price Changed $27,000 -8.5% $6 / Sq Ft
10/02/2018 10/02/18 For Rent $29,500 0.0% --
05/09/2013 05/09/13 Sold $2,300,000 0.0% $794 / Sq Ft View Prior Sale
05/06/2013 05/06/13 Rented $15,000 0.0% --
02/22/2013 02/22/13 Pending -- -- --
12/20/2012 12/20/12 Under Contract -- -- --
08/02/2012 08/02/12 Price Changed $2,450,000 -1.8% $846 / Sq Ft
07/27/2012 07/27/12 Price Changed $2,495,000 0.0% $861 / Sq Ft
05/28/2012 05/28/12 For Rent $15,000 0.0% --
05/28/2012 05/28/12 For Sale $2,700,000 -- $932 / 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 $33,564 $2,832,276 $2,216,567 $615,709
2024 $33,564 $2,776,742 $2,173,105 $603,637
2023 $32,907 $2,722,297 $2,130,496 $591,801
2022 $31,363 $2,668,920 $2,088,722 $580,198
2021 $30,980 $2,616,589 $2,047,767 $568,822
2020 $31,305 $2,589,760 $2,026,770 $562,990
2019 $30,041 $2,538,981 $1,987,030 $551,951
2018 $29,961 $2,489,198 $1,948,069 $541,129
2016 $28,662 $2,392,541 $1,872,424 $520,117
2015 $28,237 $2,356,604 $1,844,299 $512,305
2014 $28,312 $2,310,442 $1,808,172 $502,270
Source: Public Records

Agents Affiliated with this Home

  • Gregory Bega

    Landlord's Agent in 2019

    Gregory Bega

    Sotheby's International Realty

    (213) 453-2020

    5 Total Sales

    Gregory Bega
    Section Image
  • Lindsay Galbraith

    Landlord's Co-Listing Agent in 2019

    Lindsay Galbraith

    Sotheby's International Realty

    (310) 916-8622

    9 Total Sales

    Lindsay Galbraith
    Section Image

  • S

    Tenant's Agent in 2019

    Subscriber Non

    Non-Participant Office

  • Tamra Pardee

    Seller's Agent in 2013

    Tamra Pardee

    Pardee Properties

    (310) 907-6517

    252 in this area

    893 Total Sales

    Tamra Pardee
    Section Image

  • J

    Buyer's Agent in 2013

    Jonathan Steindorff

    4 Malibu Real Estate

  • Melanie Sommers

    Buyer's Agent in 2013

    Melanie Sommers

    Compass

    (310) 418-0343

    6 in this area

    86 Total Sales

    Melanie Sommers
    Section Image
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Map

Source: The MLS

MLS Number: 18-391844

The MLS

APN: 4238-003-049

California Los Angeles County Venice 90291 Venice

1212 Abbot Kinney Blvd Unit C, Venice, CA

This home is located at 1212 Abbot Kinney Blvd Unit C, Venice, CA 90291 since 02 October 2018 and is currently priced at $6,275,796. This property was built in 2007. 1212 Abbot Kinney Blvd Unit C 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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