NOT LISTED FOR SALE

122 Thornton Place Venice, CA 90291

Venice Neighborhood

Estimated Value: $958,000 - $1,354,354

2 Beds
2 Baths
960 Sq Ft
$1,191/Sq Ft Est. Value

Last Sold March 12, 2024

Last sale price $899,000 $936 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $6,451/month

114 Days on Market

Highlights

  • Wood Flooring
  • Bungalow
  • 1-Story Property
  • Venice High School Rated A
  • Gated Home

About This Home

As of March 2024

This exceptional duplex is a stone's throw from the beach, presenting an unparalleled opportunity as the most affordable property in Venice. Each unit includes one-car parking for your convenience. Moreover, you'll be conveniently close to some of the city's finest restaurants, coffee shops, and the world-renowned Abbot Kinney Boulevard. Don't pass up the chance to enjoy coastal living with easy access to the best Venice has to offer.

Last Agent to Sell the Property

Christina Pope

Sotheby's International Realty License #02022142 Listed on: 10/04/2023

Sotheby's International Realty

Co-Listed By

Gary Reavis

Forward Luxury Estates License #01218693

Last Buyer's Agent

Monique Carrabba

Compass License #01708376

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,670

Year Built

  • Built in 1956

Lot Details

  • 1,825 Sq Ft Lot
  • Gated Home

Home Design

  • Bungalow

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Assigned Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater
  • Sewer in Street

Community Details

  • 2 Units
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 4286-015-009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,670

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Bungalow
  • Levels: One
  • Street Number Display: Yes
  • Alley: Yes
  • Living Area: 960
  • Lot Acreage: 0.0419
  • Probate: No
  • Stories: 1
  • Year Built: 1956
  • Number Of Photos: 26
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood
  • Appliances: Oven, Range, Gas
  • Bedrooms: 2
  • Common Walls: Attached
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 1248.96

Exterior Features

  • Other Structures: None
  • Paved: Yes
  • View: No

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 2

Utilities

  • Water Heater: Gas
  • Cooling: Wall Unit(s), Wall/Window
  • Heating: Wall
  • Security: Gated
  • Sewer: In Street
  • Water: Public, In Street
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 42.31
  • Assessed Improvement Value: 84398
  • Assessed Land Percent: 57.69
  • Assessed Land Value: 115091
  • Total Assessed Value: 199489
  • Assessor Parcel Number: 4286-015-009
  • Lot Description: Fenced, Alley Paved
  • Lot Size Area: 1825

Rental Info

  • Land Lease Type: Fee
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 36924.00
  • Number Of Units: 2
  • Rent Control: 100
  • Total Annual Expense: 9272.37
  • Type Of Units: 1 bedrooms
  • Vacancy Rate: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2023
Closed on
Feb 8, 2024
Sold by
Stephen Pouliot Charitable Remainder Uni
Bought by
Querio Mandy L and Giovinco Danielle
Seller's Agent
Christina Pope
Sotheby's International Realty
Buyer's Agent
Monique Carrabba
Compass
List Price
$1,199,000
Sold Price
$899,000
Premium/Discount to List
-$300,000
-25.02%
Views
205
Current Estimated Value
$1,143,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,089
Avg. Annual Appreciation
17.75%
Original Mortgage
$629,300
Outstanding Balance
$619,553
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$523,536

Purchase Details

Closed on
Dec 20, 2018
Sold by
Pouliot Stephen
Bought by
Pouliot Stephen and The Stephen Pouliot Charitable

Purchase Details

Closed on
Jun 23, 1998
Sold by
Pouliot Stephen L
Bought by
Pouliot Stephen L and Stephen L Pouliot Trust

Purchase Details

Closed on
Jun 20, 1996
Sold by
Nau Roy W
Bought by
Pouliot Stephen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.32%
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
Querio Mandy L $899,000 Fidelity National Title
Pouliot Stephen -- None Available
Pouliot Stephen -- None Available
Pouliot Stephen L -- --
Pouliot Stephen L $130,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Querio Mandy L $629,300
Previous Owner Pouliot Stephen L $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2024 03/12/24 Sold $899,000 -25.0% $936 / Sq Ft
01/26/2024 01/26/24 Pending -- -- --
10/04/2023 10/04/23 For Sale $1,199,000 -- $1,249 / 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 $2,670 $916,980 $825,180 $91,800
2024 $2,670 $207,545 $119,739 $87,806
2023 $2,624 $203,477 $117,392 $86,085
2022 $2,508 $199,489 $115,091 $84,398
2021 $2,471 $195,579 $112,835 $82,744
2019 $2,400 $189,781 $109,490 $80,291
2018 $2,362 $186,061 $107,344 $78,717
2016 $2,254 $178,838 $103,177 $75,661
2015 $2,222 $176,153 $101,628 $74,525
2014 $2,243 $172,704 $99,638 $73,066
Source: Public Records

Agents Affiliated with this Home

  • Christina Pope

    Seller's Agent in 2024

    Christina Pope

    Sotheby's International Realty

    (310) 404-9931

    5 in this area

    21 Total Sales

    Christina Pope
    Section Image

  • G

    Seller Co-Listing Agent in 2024

    Gary Reavis

    Forward Luxury Estates

    (310) 497-1011

    3 in this area

    16 Total Sales

    Gary Reavis
    Section Image
  • Monique Carrabba

    Buyer's Agent in 2024

    Monique Carrabba

    Compass

    (323) 899-2900

    2 in this area

    76 Total Sales

    Monique Carrabba
    Section Image
  • Joe Carrabba

    Buyer Co-Listing Agent in 2024

    Joe Carrabba

    Compass

    (323) 302-1771

    2 in this area

    76 Total Sales

    Joe Carrabba
    Section Image
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Map

Source: The MLS

MLS Number: 23-317521

The MLS

APN: 4286-015-009

California Los Angeles County Venice 90291 Venice

122 Thornton Place, Venice, CA

This home is located at 122 Thornton Place, Venice, CA 90291 since 04 October 2023 and is currently estimated at $1,143,089, approximately $1,190 per square foot. This property was built in 1956. 122 Thornton Place 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.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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