NOT LISTED FOR SALE

Estimated Value: $2,635,282

-- Bed
-- Bath
4,012 Sq Ft
$657/Sq Ft Est. Value

About This Home

This home is located at 12421 Venice Blvd, Los Angeles, CA 90066 and is currently estimated at $2,635,282, approximately $656 per square foot. 12421 Venice Blvd is a home located in Los Angeles County with nearby schools including Beethoven Street Elementary School, Mark Twain Middle School, and Venice High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2021
Sold by
Mar Vista Capital Llc
Bought by
12421 Venice Llc
Current Estimated Value
$2,635,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,301,000
Outstanding Balance
$2,087,801
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$537,769

Purchase Details

Closed on
Jul 11, 2018
Sold by
Klump Christian
Bought by
Mar Vista Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,725,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 15, 2011
Sold by
Tayler Lorae
Bought by
Klump Christian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$856,705
Interest Rate
4.06%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 1, 2011
Sold by
Moti Gur Llc
Bought by
Klump Christian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$856,705
Interest Rate
4.06%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 12, 2008
Sold by
Gur Mordechai Moti
Bought by
Moti Gur Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
5.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 27, 2006
Sold by
Khattab Mike and Khattab Nagwa
Bought by
Gur Mordechai Moti

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.28%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 22, 2004
Sold by
Clark Diane S and The Smith Charitable Remainder
Bought by
Patail Ahmedshah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.24%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 20, 2004
Sold by
Virjee Shams
Bought by
Patail Ahmedshah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.24%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 12, 2003
Sold by
Smith Robert Landis and Smith Elizabeth Morse
Bought by
Smith Charitable Remainder Trust

Purchase Details

Closed on
Jul 2, 1996
Sold by
Smith Robert Landis and Smith Elizabeth Morse
Bought by
Smith Robert Landis
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
12421 Venice Llc $2,550,000 Chicago Title Co Com Div
Mar Vista Capital Llc $1,875,000 Fidelity National Title
Klump Christian -- Fidelity National Title Co
Klump Christian $424,000 Fidelity National Title Co
Moti Gur Llc -- Fidelity National Title Co
Gur Mordechai Moti $940,000 Equity Title Company
Patail Ahmedshah -- --
Patail Ahmedshah -- --
Smith Charitable Remainder Trust -- --
Smith Robert Landis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 12421 Venice Llc $2,301,000
Previous Owner Mar Vista Capital Llc $1,966,523
Previous Owner Mar Vista Capital Llc $1,725,000
Previous Owner Klump Christian $856,705
Previous Owner Moti Gur Llc $560,000
Previous Owner Gur Mordechai Moti $360,000
Previous Owner Patail Ahmedshah $300,000
Source: Public Records

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 $32,920 $2,760,200 $1,840,134 $920,066
2024 $32,920 $2,706,079 $1,804,053 $902,026
2023 $32,279 $2,653,020 $1,768,680 $884,340
2022 $30,771 $2,601,000 $1,734,000 $867,000
2021 $23,135 $1,932,313 $1,442,794 $489,519
2020 $23,374 $1,912,500 $1,428,000 $484,500
2019 $22,440 $1,875,000 $1,400,000 $475,000
2018 $13,034 $1,059,746 $684,420 $375,326
2016 $12,447 $1,018,596 $657,844 $360,752
2015 $12,266 $1,003,297 $647,963 $355,334
2014 $12,312 $983,645 $635,271 $348,374
Source: Public Records

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