A
Seller's Agent in 2020
Arman Arzuman
Arzuman Brothers
1251 Palms Blvd Venice, CA 90291
Venice NeighborhoodEstimated Value: $6,052,000 - $6,406,358
5
Beds
6.5
Baths
5,200
Sq Ft
$1,190/Sq Ft
Est. Value
Highlights
- Corral
- Home Theater
- Primary Bedroom Suite
- Venice High School Rated A
- Cabana
- Automatic Gate
About This Home
As of November 2020Stunning 2020 new construction in the heart of Venice Beach, designed and built by the Arzuman Brothers. Come experience the true quintessential indoor-outdoor living that California has to offer in your own compound-like property. Upon entry you are greeted with open space and glass sliding doors that thoughtfully incorporate light and the outdoors, while maintaining privacy. Prepare your best dishes in the gourmet kitchen that includes Miele and Thermador appliances, a spacious large island, custom made cabinetry, and an attached breakfast table. There are 4 guest en-suite bedrooms along with a professionally built movie theatre. Once you retreat to the master suite upstairs, you are invited once again with open space and a perfect harmony of bedroom, bathroom, and an over-sized walk-in closet. The spa-like master bath is adorned with dual-vanity, soaking tub, custom makeup dressing desk, and a spacious shower. A few of the many features in the lavish tree lined backyard include an elegantly designed pool/spa, pool cabana, outdoor fireplace, golf putting green, built-in BBQ, outdoor kitchen, and a detached studio perfect for a gym or office. The main house is approximately 5,045 sqft while the detached studio and pool house is 423 sqft. Full smart home that controls music, lights, air conditioning, cameras, security system, and much more. Moments away from famous Abbott Kinney Blvd shops and restaurants.
Last Agent to Sell the Property
Arman Arzuman
Arzuman Brothers License #01761120 Listed on: 09/11/2020
Co-Listed By
Andrius Vaitkevicius
Arzuman Brothers License #02004084
Home Details
Home Type
- Single Family
Year Built
- Built in 2020
Lot Details
- 0.25 Acre Lot
- South Facing Home
- Rectangular Lot
- Paved or Partially Paved Lot
- Drip System Landscaping
- Sprinkler System
- Lawn
- Property is zoned LAR1
Parking
- 2 Car Attached Garage
- Parking Available
- Two Garage Doors
- Automatic Gate
Home Design
- Custom Home
- Contemporary Architecture
- Modern Architecture
- Slab Foundation
- Shingle Roof
- Stucco
Interior Spaces
- 5,200 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Wet Bar
- Cathedral Ceiling
- Recessed Lighting
- Decorative Fireplace
- Electric Fireplace
- Gas Fireplace
- Living Room with Fireplace
- Dining Room
- Home Theater
- Home Gym
- Wood Flooring
Kitchen
- Breakfast Bar
- Double Oven
- Gas Oven or Range
- Gas Cooktop
- Range Hood
- Microwave
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- Main Floor Bedroom
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- Tile Bathroom Countertop
- Low Flow Toliet
- Multiple Shower Heads
- Low Flow Shower
- Linen Closet In Bathroom
Laundry
- Laundry Room
- Laundry on upper level
- Gas Dryer Hookup
Home Security
- Security Lights
- Intercom
- Smart Home
- Closed Circuit Camera
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Fire Sprinkler System
Pool
- Cabana
- In Ground Pool
- In Ground Spa
- Pool Heated With Propane
- Pool Tile
Outdoor Features
- Balcony
- Covered Patio or Porch
- Fireplace in Patio
- Outdoor Grill
- Rain Gutters
Horse Facilities and Amenities
- Corral
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- Vented Exhaust Fan
- 220 Volts in Garage
Community Details
- No Home Owners Association
- Not Applicable 105 Subdivision
Listing and Financial Details
- Assessor Parcel Number 4244027009
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 11, 2020
Closed on
Oct 6, 2020
Sold by
Strohm Ave Llc
Bought by
Biswas Niket
Seller's Agent
Arman Arzuman
Arzuman Brothers
Buyer's Agent
Janice Hou
Compass
List Price
$4,929,000
Sold Price
$4,729,000
Premium/Discount to List
-$200,000
-4.06%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,458,340
Avg. Annual Appreciation
5.22%
Original Mortgage
$3,073,850
Outstanding Balance
$2,673,370
Interest Rate
1.87%
Mortgage Type
New Conventional
Estimated Equity
$3,513,970
Purchase Details
Closed on
Feb 25, 2019
Sold by
The Mary J Stott Trust
Bought by
Strohm Ave Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,760,000
Interest Rate
4.3%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Oct 16, 2009
Sold by
Stott Mary J and Stott Mary Jane
Bought by
Stott Mary J and Mary J Stott Trust
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Biswas Niket | $4,729,000 | Stewart Title | |
| Strohm Ave Llc | $2,200,000 | Stewart Title | |
| Stott Mary J | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Biswas Niket | $3,073,850 | |
| Previous Owner | Strohm Ave Llc | $1,760,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/06/2020 11/06/20 | Sold | $4,729,000 | -4.1% | $909 / Sq Ft |
| 09/11/2020 09/11/20 | For Sale | $4,929,000 | -- | $948 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $60,821 | $5,118,818 | $3,071,291 | $2,047,527 |
| 2024 | $60,821 | $5,018,450 | $3,011,070 | $2,007,380 |
| 2023 | $59,630 | $4,920,050 | $2,952,030 | $1,968,020 |
| 2022 | $56,834 | $4,823,580 | $2,894,148 | $1,929,432 |
| 2021 | $56,147 | $4,729,000 | $2,837,400 | $1,891,600 |
| 2020 | $27,259 | $2,244,000 | $1,795,200 | $448,800 |
| 2019 | $3,625 | $1,930,500 | $1,351,350 | $579,150 |
| 2018 | $1,149 | $81,607 | $59,449 | $22,158 |
| 2016 | $1,091 | $78,441 | $57,142 | $21,299 |
| 2015 | $1,077 | $77,264 | $56,284 | $20,980 |
| 2014 | $1,094 | $75,752 | $55,182 | $20,570 |
Source: Public Records
Agents Affiliated with this Home
-
-
A
Seller Co-Listing Agent in 2020
Andrius Vaitkevicius
Arzuman Brothers
-
Janice Hou
Buyer's Agent in 2020
Janice Hou
Compass
(310) 482-2200
2 in this area
59 Total Sales
-
Scott Price
Buyer's Agent in 2020
Scott Price
Compass
(310) 625-8983
3 in this area
97 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: 320003232
APN: 4244-027-009
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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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