NOT LISTED FOR SALE

12311 Pacific Ave Unit 2 Los Angeles, CA 90066

Mar Vista Neighborhood

Estimated Value: $1,067,000 - $1,208,000

3 Beds
2.5 Baths
1,748 Sq Ft
$465/mo HOA Fee

Last Sold April 09, 2018

Last sale price $840,000 $481 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $8,087/month

12 Days on Market

Highlights

  • Primary Bedroom Suite
  • City Lights View
  • Elevator
  • Venice High School Rated A
  • Breakfast Area or Nook
  • Balcony

About This Home

As of April 2018

Wonderful 3 BR / 2.5 BA condo offers "house-sized," regal square footage in the heart of Mar Vista! Located on the 2nd floor of a contemporary, 7-unit building, this home offers space, style and an incredible Walk Score. From the impressive double door foyer to the grand open-concept great room lined with sunny windows, walking into this unit is impressive. The galley kitchen offers tile counter tops and all appliances. The hallway to the bedroom provides access to a guest powder room and full size in-unit laundry area. The master bedroom is king sized and located at the end of the hall with a walk-in closet featuring ELFA shelving and a very large, dual vanity bathroom. The secondary bedrooms are also grand; one can do double duty as an office, as two sets of doors open it also to the living room. Two car, gated parking and secured entry access, too. Just outside are the weekend Farmer's Market, coffee shops, grocery stores, pharmacy, amenities and retail galore. Urban paradise!

Last Agent to Sell the Property

Roddy de la Garza

eXp Realty of Greater Los Angeles License #01995374 Listed on: 03/05/2018

eXp Realty of Greater Los Angeles

Last Buyer's Agent

Mark Bolender

License #01065007

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,430

Year Built

  • Built in 1992

Lot Details

  • 7,405

HOA Fees

  • $465 Monthly HOA Fees

Interior Spaces

  • 1,748 Sq Ft Home
  • Living Room with Fireplace
  • Dining Area
  • City Lights Views

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Powder Room
  • Double Vanity

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Parking Garage Space

Additional Features

  • Balcony
  • Gated Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4235-023-039

Community Details

Overview

  • Association fees include trash, water
  • 7 Units
  • Mccabe Mgmt Association

Pet Policy

  • Pets Allowed

Additional Features

  • Elevator
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,430

Year Built

Built in 1992

Lot Details

0

HOA Fees

$465 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Street Number Display: Yes
  • Complex Name: 12311 Pacific Ave
  • Entry Floor: 1
  • Entry Location: Elevator
  • Living Area: 1748
  • Planned Urban Dev: 0
  • Unit Floor In Building: 1
  • Year Built: 1992
  • Number Of Photos: 29
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Tile
  • Appliances: Built-In And Free Standing
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Bedroom Features: Master Suite
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s)
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area
  • Kitchen Features: Counter Top
  • Laundry: In Closet, In Unit, Inside
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Hood Fan, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 457.09

Exterior Features

  • Balcony: Yes
  • Other Features: Balcony
  • Tennis Court Y/N: No
  • Pool: No
  • View: City, City Lights
  • View: Yes

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Card/Code Access, Gated

Association/Amenities

  • Amenities: Controlled Access, Elevator
  • Pet Rules: Yes

Condo/Co-op/Association

  • Assessments: None
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Trash, Water
  • HOA Fees: 465.00
  • Management Company: MCCABE MGMT
  • Mgmt Co 2: jonathan@mccabemanagement.com
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4235-023-039
  • Geocode Override: No
  • Lot Size Area: 7410

Multi Family

  • Number Of Units: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2018
Closed on
Apr 4, 2018
Sold by
Puranik Vaibhav Shrikrishna
Bought by
Robertson John
Seller's Agent
Roddy de la Garza
eXp Realty of Greater Los Angeles
Buyer's Agent
Mark Bolender
List Price
$799,000
Sold Price
$840,000
Premium/Discount to List
$41,000
5.13%
Current Estimated Value
$1,224,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$384,031
Avg. Annual Appreciation
4.38%
Original Mortgage
$672,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2013
Sold by
Puranik Vaibhav
Bought by
Puranik Vaibhay Shrikrishna and Puranik Suneeta Vaibhav

Purchase Details

Closed on
Sep 13, 2007
Sold by
Dawson Ryan
Bought by
Puranik Vaibhav S and Puranik Suneeta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,900
Interest Rate
6.4%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 19, 2003
Sold by
Whitaker Maria Louise
Bought by
Dawson Ryan and Dawson April

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,800
Interest Rate
3.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 15, 2000
Sold by
Tankeson Gary Paul
Bought by
Whitaker Maria Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
8.27%

Purchase Details

Closed on
Sep 9, 1998
Sold by
Mursinna Helene D
Bought by
Tankeson Gary Paul and Tankeson Anna Leach

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,657
Interest Rate
6.88%

Purchase Details

Closed on
Nov 29, 1995
Sold by
Marathon National Bank
Bought by
Chemtob Monique M
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
Robertson John $840,000 First American Title Insuran
Puranik Vaibhay Shrikrishna -- Accommodation
Puranik Vaibhav S $550,000 Equity Title Company
Dawson Ryan $351,000 Fidelity National Title Co
Whitaker Maria Louise $213,000 Equity Title Company
Tankeson Gary Paul $169,772 Chicago Title Co
Chemtob Monique M $140,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robertson John $676,056
Closed Robertson John $668,800
Closed Robertson John $672,000
Previous Owner Puranik Vaibhav Shrikrishna $383,391
Previous Owner Puranik Vaibhav S $413,975
Previous Owner Puranik Vaibhav S $77,900
Previous Owner Puranik Vaibhav S $417,000
Previous Owner Dawson Ryan $380,000
Previous Owner Dawson Ryan $280,800
Previous Owner Whitaker Maria Louise $138,000
Previous Owner Tankeson Gary Paul $164,657
Closed Dawson Ryan $70,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2018 04/09/18 Sold $840,000 +5.1% $481 / Sq Ft
03/17/2018 03/17/18 Pending -- -- --
03/05/2018 03/05/18 For Sale $799,000 -- $457 / 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 $11,430 $955,771 $692,252 $263,519
2024 $11,430 $937,031 $678,679 $258,352
2023 $11,211 $918,659 $665,372 $253,287
2022 $10,688 $900,647 $652,326 $248,321
2021 $10,552 $882,988 $639,536 $243,452
2019 $10,234 $856,800 $620,568 $236,232
2018 $7,748 $634,914 $404,037 $230,877
2016 $7,401 $610,261 $388,349 $221,912
2015 $7,293 $601,095 $382,516 $218,579
2014 $7,321 $589,322 $375,024 $214,298
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-319472

The MLS

APN: 4235-023-039