NOT LISTED FOR SALE

125 Park Place Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,344,000 - $1,834,057

2 Beds
2 Baths
1,512 Sq Ft
$1,096/Sq Ft Est. Value

Sale Details

Date Sold: July 28, 2022

Last sale price $1,422,000 $940 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $10,416 / mo

16 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Living Room
  • Venice High School Rated A
  • No HOA
  • 5-minute walk to Westminster Dog Park

About This Home

As of July 2022

Great opportunity on one of the prime beach walk-streets to re-develop or remodel this two-unit surf shack steps to both Abbot Kinney's great shops and restaurants and the world famous Venice Beach boardwalk. This is a probate sale and while it is not subject to overbid, will need court approval. Duplex is currently 1512 sq' on a 2,250 sq' lot zoned LARD1.5 (per public record), and parking for 4+ off the alley. Property to be delivered vacant at close of escrow.

Last Agent to Sell the Property

Tracey Becker

Compass License #01975821 Listed on: 05/02/2022

Compass

Co-Listed By

Tiffany Rochelle

Compass License #01247487

Last Buyer's Agent

Stefan Pommepuy

The Agency License #01817077

The Agency

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1970

Lot Details

  • 2,250 Sq Ft Lot
  • Property is zoned LARD1.5

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,512 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Oven or Range
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 3 Open Parking Spaces
  • 5 Parking Spaces
  • 2 Attached Carport Spaces
  • Driveway

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4286-014-021

Home Details

Home Type

Single Family

Year Built

Built in 1970

Lot Details

2,250 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 1512
  • Lot Acreage: 0.0517
  • Probate: Yes
  • Stories: 2
  • Year Built: 1970
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Tile, Carpet
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 2.00
  • Equipment: Range/Oven
  • Price Per S Q F T: 849.87

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Carport Spaces: 2
  • Other Spaces: 3
  • Parking Garage: Driveway, Carport Attached
  • Total Parking: 5

Utilities

  • Heating: Wall

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4286-014-021
  • Lot Size Area: 2250

Rental Info

  • Court Approve: Yes

Multi Family

  • Number Of Units: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2023
Sold by
Bought by
Current Estimated Value
$1,656,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,394,775
Interest Rate
7.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 2, 2022
Closed on
Jul 21, 2022
Sold by
Bought by
Seller's Agent
Tracey Becker
Compass
Buyer's Agent
Stefan Pommepuy
The Agency
List Price
$1,285,000
Sold Price
$1,422,000
Premium/Discount to List
$137,000
10.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.00%
Original Mortgage
$1,179,000
Interest Rate
5.78%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Fidelity National Title
$1,422,000 Stewart Title Of California In
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,394,775
Previous Owner $1,179,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/28/2022 07/28/22 Sold $1,422,000 +10.7% $940 / Sq Ft
05/18/2022 05/18/22 Pending -- -- --
05/02/2022 05/02/22 For Sale $1,285,000 -- $850 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $17,816 $1,479,448 $1,352,520 $126,928
2024 $17,628 $1,450,440 $1,326,000 $124,440
2023 $17,286 $1,422,000 $1,300,000 $122,000
2022 $4,587 $380,802 $196,839 $183,963
2021 $4,521 $373,336 $192,980 $180,356
2019 $4,385 $362,264 $187,257 $175,007
2018 $4,339 $355,162 $183,586 $171,576
2016 $4,138 $341,372 $176,458 $164,914
2015 $4,077 $336,245 $173,808 $162,437
2014 $4,101 $329,660 $170,404 $159,256
Source: Public Records

Agents Affiliated with this Home

  • Tracey Becker

    Seller's Agent in 2022

    Tracey Becker

    Compass

    (310) 988-9766

    43 in this area

    109 Total Sales

    Tracey Becker
    Section Image
  • Tiffany Rochelle

    Seller Co-Listing Agent in 2022

    Tiffany Rochelle

    Compass

    (310) 210-2213

    31 in this area

    65 Total Sales

    Tiffany Rochelle
    Section Image
  • Stefan Pommepuy

    Buyer's Agent in 2022

    Stefan Pommepuy

    The Agency

    (310) 562-6264

    1 in this area

    45 Total Sales

    Stefan Pommepuy
    Section Image
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Map

Source: The MLS

MLS Number: 22-150491

The MLS

APN: 4286-014-021

California Los Angeles County Venice 90291 Venice

125 Park Place, Venice, CA

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The MLS © 2026 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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