NOT LISTED FOR SALE

12311 Pacific Ave Unit 1 Los Angeles, CA 90066

Mar Vista Neighborhood

Estimated Value: $994,000 - $1,187,000

3 Beds
3 Baths
1,642 Sq Ft
7,405 Sq Ft Lot

Last Sold May 10, 2013

Last sale price $541,500 $330 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $6,868/month

15 Days on Market

Highlights

  • Contemporary Architecture
  • Bamboo Flooring
  • Elevator
  • Venice High School Rated A
  • Breakfast Area or Nook
  • Balcony

About This Home

As of May 2013

Don't pass up on this opportunity to own this spacious 1,642 sq/ft condo located in Mar Vista. Features include 3 spacious bedroom and 3 full bathroom. Master bedroom has walk-in closet with its own bathroom. Upgrades include: New paint, new "stranded bamboo" flooring throughout, living room has crown molding and is wired for sound, new faucets in all bathrooms, new doors/ door frames and handles in entire condo. 4 seperate balconies, central AC. Laundry is located inside unit. Lots of natural light. Extra Storage. Close proximity to shops, restaurants and Sunday's farmer's market on Grand View St. Building was fumigated December 2012. HOA also installed new security cameras in garage.

Last Agent to Sell the Property

Michael Kayem

Estate Properties License #01320892 Listed on: 03/28/2013

Estate Properties

Last Buyer's Agent

Darren Winston

Sotheby's International Realty License #01399200

Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,024

Year Built

  • Built in 1992

Lot Details

  • 7,405

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,642 Sq Ft Home
  • 3-Story Property
  • Living Room with Fireplace
  • Prewired Security

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Bamboo
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Tandem Parking
  • Automatic Gate
  • Parking Garage Space

Additional Features

  • Balcony
  • South Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4235-023-038

Community Details

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Security Service
  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Additional Features

  • 7 Units
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,024

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: Pacific Avenue Homeowners
  • Entry Floor: 1
  • Living Area: 1642
  • Planned Urban Dev: 0
  • Stories: 3
  • Unit Floor In Building: 1
  • Year Built: 1992
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Bamboo, Ceramic Tile
  • Appliances: Built-In Gas
  • Bedrooms: 3
  • Fireplaces: 1
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit, Inside
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 303.90

Exterior Features

  • Balcony: 4
  • Direction Faces: South
  • Other Features: Balcony
  • Tennis Court Y/N: No
  • Exposure: South
  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Community Garage, Tandem
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Earth Quake Ins: 0
  • Heating: Central
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Card/Code Access, Community, Fire Sprinklers, Prewired for alarm system, Smoke Detector

Association/Amenities

  • Amenities: Elevator
  • Pet Rules: Call, Yes

Condo/Co-op/Association

  • HOA Fees: 465.00

Lot Info

  • Assessor Parcel Number: 4235-023-038
  • Geocode Override: No
  • Lot Size Area: 7409

Multi Family

  • Number Of Units: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2013
Closed on
Apr 17, 2013
Sold by
Wiksten Leif Daniel
Bought by
Bartos Alexander
Seller's Agent
Michael Kayem
Estate Properties
Buyer's Agent
Darren Winston
Sotheby's International Realty
List Price
$499,000
Sold Price
$541,500
Premium/Discount to List
$42,500
8.52%
Current Estimated Value
$1,137,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$596,289
Avg. Annual Appreciation
5.97%
Original Mortgage
$433,200
Outstanding Balance
$308,291
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$794,498

Purchase Details

Listed on
Mar 5, 2012
Closed on
May 22, 2012
Sold by
The Bank Of New York Mellon
Bought by
Wiksten Leif Daniel and Wiksten Aasa Lotta
Seller's Agent
Rory Posin
Estate Properties
Buyer's Agent
Michael Kayem
Estate Properties
List Price
$454,900
Sold Price
$385,000
Premium/Discount to List
-$69,900
-15.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.35%
Original Mortgage
$308,000
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2011
Sold by
Escarpeta Arlen
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Aug 24, 2010
Sold by
Escarpeta Arlen
Bought by
Pacific Ave Homeowners Association and 12311 Pacific Avenue

Purchase Details

Closed on
Apr 22, 2005
Sold by
Ziff Robert E and Ziff Yollanda I
Bought by
Escarpeta Arlen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,970
Interest Rate
5.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 19, 2003
Sold by
Schmid Gerald C and Schmid Violet Z
Bought by
Ziff Robert E

Purchase Details

Closed on
Aug 26, 2002
Sold by
Schmid Michael
Bought by
Schmid Gerald C

Purchase Details

Closed on
Sep 18, 2001
Sold by
Arellanos Olinda E
Bought by
Schmid Michael

Purchase Details

Closed on
Jan 10, 1996
Sold by
Marathon National Bank
Bought by
Arellanos Olinda E

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
7.3%
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
Bartos Alexander $541,500 Fidelity National Title Co
Wiksten Leif Daniel $385,000 Landsafe Title
The Bank Of New York Mellon $409,050 Landsafe Title
Pacific Ave Homeowners Association $10,904 Accommodation
Escarpeta Arlen -- Equity Title
Ziff Robert E $332,500 Southland Title
Schmid Gerald C $290,000 Equity Title Company
Schmid Michael $260,000 Equity Title Company
Arellanos Olinda E $150,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bartos Alexander $433,200
Previous Owner Wiksten Leif Daniel $308,000
Previous Owner Escarpeta Arlen $616,500
Previous Owner Escarpeta Arlen $500,000
Previous Owner Escarpeta Arlen $442,000
Previous Owner Escarpeta Arlen $380,970
Previous Owner Arellanos Olinda E $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2013 05/10/13 Sold $541,500 +8.5% $330 / Sq Ft
04/12/2013 04/12/13 Pending -- -- --
03/28/2013 03/28/13 For Sale $499,000 +29.6% $304 / Sq Ft
06/22/2012 06/22/12 Sold $385,000 -7.2% $234 / Sq Ft
05/08/2012 05/08/12 Pending -- -- --
04/18/2012 04/18/12 Price Changed $414,900 -5.7% $253 / Sq Ft
03/27/2012 03/27/12 Price Changed $439,900 -3.3% $268 / Sq Ft
03/05/2012 03/05/12 For Sale $454,900 -- $277 / 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 $8,024 $666,806 $423,729 $243,077
2024 $8,024 $653,732 $415,421 $238,311
2023 $7,872 $640,915 $407,276 $233,639
2022 $7,508 $628,349 $399,291 $229,058
2021 $7,408 $616,029 $391,462 $224,567
2019 $7,186 $597,759 $379,852 $217,907
2018 $7,157 $586,039 $372,404 $213,635
2016 $6,837 $563,285 $357,944 $205,341
2015 $6,737 $554,825 $352,568 $202,257
2014 $7,305 $543,958 $345,662 $198,296
Source: Public Records

Agents Affiliated with this Home

  • Michael Kayem

    Seller's Agent in 2013

    Michael Kayem

    Estate Properties

    (310) 739-8029

    47 Total Sales

    Section Image
  • Darren Winston

    Buyer's Agent in 2013

    Darren Winston

    Sotheby's International Realty

    (310) 709-8980

    7 Total Sales

    Section Image
  • Rory Posin

    Seller's Agent in 2012

    Rory Posin

    RE/MAX

    (310) 839-8500

    1 in this area

    114 Total Sales

    Section Image
  • Elizabeth Marquart

    Seller Co-Listing Agent in 2012

    Elizabeth Marquart

    RE/MAX

    (818) 493-5308

    90 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 13-660913

The MLS

APN: 4235-023-038

California Los Angeles County Los Angeles 90066 Mar Vista

12311 Pacific Ave Unit 1, Los Angeles, CA

This home is located at 12311 Pacific Ave Unit 1, Los Angeles, CA 90066 since 28 March 2013 and is currently estimated at $1,102,789, approximately $671 per square foot. This property was built in 1992. 12311 Pacific Ave Unit 1 is a home located in Los Angeles County with nearby schools including Grand View Boulevard Elementary School, Marina Del Rey Middle School, and Venice High School.

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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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