$1,255,000
SOLD SEP 30, 2024
3 Beds
1 Bath
984 Sq Ft
4,309 Sq Ft Lot

Recently Sold

$1,275 Per Sq Ft

5% Above List Price

14 Days on Market

Highlights

  • Main Floor Bedroom
  • Attic
  • No HOA
  • Venice High School Rated A
  • Private Yard
  • Neighborhood Views

About This Home

As of September 2024

Nestled in the heart of Marina Del Rey, 12520 Gilmore Ave is a rare gem waiting to be revitalized. Built in 1944 and lovingly maintained by its original owner, this charming 3-bedroom, 1-bathroom home offers the perfect fix-and-flip opportunity. With its solid bones and timeless character, the property provides a blank canvas for those with a vision to transform it into a modern masterpiece. The spacious lot, adorned with mature landscaping, invites endless possibilities for outdoor living and potential expansion. Located in a peaceful neighborhood and surrounded by the vibrant amenities of Marina Del Rey, this home is an exceptional find for investors or buyers looking to create their dream space. Don’t miss the chance to bring new life to this classic residence in one of Los Angeles’ most desirable areas. Sold as-is, this property is ready for your creative touch.

Last Agent to Sell the Property

Lance Decker Trinidad

Lux Team Brokerage Email: Lance@luxteam.com License #02122333 Listed on: 08/16/2024

Last Buyer's Agent

Laurence Cook

Rodeo Realty License #02070820

Rodeo Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $981

Year Built

  • Built in 1944

Lot Details

  • 4,309 Sq Ft Lot
  • Private Yard
  • Lawn
  • Back Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned R-1 Residential

Interior Spaces

  • 984 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Family Room
  • Home Office
  • Neighborhood Views
  • Laundry Room
  • Attic

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Location

  • Urban Location
  • Suburban Location

Additional Features

  • Exterior Lighting
  • No Heating

Listing and Financial Details

  • Tax Tract Number 26005
  • Assessor Parcel Number 4223026005

Community Details

Overview

  • No Home Owners Association

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$981

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: R-1 Residential
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4223026005
  • Year Built: 1944
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 984.00 Square Feet
  • Stories: 1
  • Entry Location: First
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1275.41
  • Room Type: All Bedrooms Down, Attic, Entry, Family Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Office

Exterior Features

  • View: Neighborhood
  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Parking: No

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Laundry Features: In Closet, Individual Room
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban, Urban, Biking

Schools

  • School District: Los Angeles Unified

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Lawn, Yard
  • Lot Size Sq Ft: 4309.00
  • Lot Size Acres: 0.0989

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4309.0000 Square Feet
  • Number Of Units In Community: 50

Tax Info

  • Tax Tract Number: 26005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2024
Closed on
Oct 10, 2024
Sold by
Av Real Estate Development Llc
Bought by
Aspira Properties Llc
Seller's Agent
Lance Decker Trinidad
Lux Team
Buyer's Agent
Laurence Cook
Rodeo Realty
List Price
$1,200,000
Sold Price
$1,255,000
Premium/Discount to List
$55,000
4.58%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.55%
Original Mortgage
$1,420,466
Interest Rate
6.49%
Mortgage Type
Construction

Purchase Details

Listed on
Aug 16, 2024
Closed on
Sep 4, 2024
Sold by
Paul Family Trust and Paul Charles G
Bought by
Av Real Estate Development Llc
Seller's Agent
Lance Decker Trinidad
Lux Team
Buyer's Agent
Laurence Cook
Rodeo Realty
List Price
$1,200,000
Sold Price
$1,255,000
Premium/Discount to List
$55,000
4.58%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,420,466
Interest Rate
6.49%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 23, 2011
Sold by
Paul Charles G and Paul Sylvia M
Bought by
Paul Charles G and Paul Sylvia M
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- First American Title
Grant Deed $1,255,000 First American Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,420,466 Construction
Previous Owner $50,000 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2025 06/19/25 For Sale $2,199,000 +75.2% $1,194 / Sq Ft
09/30/2024 09/30/24 Sold $1,255,000 +4.6% $1,275 / Sq Ft
08/16/2024 08/16/24 For Sale $1,200,000 -- $1,220 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2024 $981 $75,156 $50,441 $24,715
2023 $967 $73,683 $49,452 $24,231
2022 $927 $72,239 $48,483 $23,756
2021 $906 $70,824 $47,533 $23,291
2019 $880 $68,725 $46,124 $22,601
2018 $846 $67,378 $45,220 $22,158
2016 $797 $64,764 $43,465 $21,299
2015 $786 $63,793 $42,813 $20,980
2014 $798 $62,545 $41,975 $20,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2407368

California Regional Multiple Listing Service (CRMLS)

APN: 4223-026-005