$1,030,000
SOLD APR 21, 2021

12525 Pacific Ave Unit 7 Los Angeles, CA 90066

Mar Vista Neighborhood
2 Beds
3 Baths
1,412 Sq Ft
$280/mo HOA Fee

Recently Sold

$729 Per Sq Ft

4% Above List Price

4 Days on Market

Highlights

  • Views of Trees
  • Contemporary Architecture
  • Loft
  • Venice High School Rated A
  • Wood Flooring
  • Fireplace

About This Home

As of April 2021

SHOWING FOR BACK-UP OFFERS. Contemporary 2 bedrooms + LOFT tri-level townhouse in Mar Vista with private roof deck, in unit washer/dryer and private garage in pet-loving building. This 1,400+SF unit has new Eucalyptus wood floors, new window coverings and carpet. The gourmet kitchen which features soapstone counters and new appliances connects to the dining area, making it perfect for entertaining, Relax in the living room with elegant fireplace and vaulted ceilings. There are three separate closet spaces and his-and-her sinks in the master bathroom, with sophisticated, sleek tiling & a large shower head. The second bedroom is en suite and has built-in closet space and skyline windows to make it bright. Use the loft as an office workspace or gym. Enjoy the peaceful retreat of your private tiled roof deck which sits above the palm tree-lined views of neighboring Venice area. Plenty of storage in your own private, side-by-side garage. Close to the beach, the Mar Vista Farmers Market & Starbucks.

Last Agent to Sell the Property

Patrice Meepos

Compass License #01235616 Listed on: 03/18/2021

Compass

Last Buyer's Agent

William Shanks

Compass License #02066118

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,276

Year Built

  • Built in 1981 | Remodeled

HOA Fees

  • $280 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Guest Parking

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,412 Sq Ft Home
  • 3-Story Property
  • Fireplace
  • Living Room
  • Dining Area
  • Loft
  • Views of Trees

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Additional Features

  • Gated Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4235-012-026

Community Details

Overview

  • 7 Units
  • Maintained Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,276

Year Built

Built in 1981 | Remodeled

Lot Details

0

HOA Fees

$280 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: Pacific Breeze HOA
  • Entry Floor: 2
  • Living Area: 1412
  • Lot Acreage: 0.1605
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 3
  • Unit Floor In Building: 2
  • Year Built: 1981
  • Number Of Photos: 45
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas and Wood
  • Flooring: Carpet, Wood
  • Bedrooms: 2
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Garbage Disposal, Dishwasher, Dryer, Washer, Range/Oven
  • Price Per S Q F T: 704.67

Exterior Features

  • Pool: No
  • Roof: Composition, Shingle
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Earth Quake Ins: 0
  • Heating: Fireplace, Central
  • Security: Gated

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Guest Parking
  • Pet Rules: Pets Permitted, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 280.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4235-012-026
  • Lot Location: Alley Access
  • Lot Size Area: 6993

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2021
Closed on
Mar 26, 2021
Sold by
Sullivan Matthew Foster
Bought by
Kramer Jared Eli and Lindley Brooke Morgan
Seller's Agent
Patrice Meepos
Compass
Buyer's Agent
William Shanks
Compass
List Price
$995,000
Sold Price
$1,030,000
Premium/Discount to List
$35,000
3.52%
Current Estimated Value
$1,215,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,441
Avg. Annual Appreciation
2.11%
Original Mortgage
$822,375
Outstanding Balance
$743,099
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$386,454

Purchase Details

Closed on
Sep 4, 2015
Sold by
Kierce Steiner Carl
Bought by
Sullivan Matthw Foster

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,800
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 1, 2005
Sold by
Ruiz Derrick R
Bought by
Kierce Steiner Carl and Varley Diane Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 13, 2005
Sold by
Ruiz Derrick
Bought by
Ruiz Derrick R and Suarez Nelly Del Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,400
Interest Rate
5.84%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 5, 2003
Sold by
Ruiz Derrick
Bought by
Ruiz Derrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 1999
Sold by
Mitchell Roderick A
Bought by
Mitchell Roderick A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
7.51%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed $1,030,000 Fidelity National Title
Grant Deed $751,000 Fidelity National Title Co
Grant Deed $625,000 Southland Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Southland Title Corporation
Interfamily Deed Transfer -- Southland Title Corporation
Interfamily Deed Transfer -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $822,375 New Conventional
Previous Owner $75,000 Credit Line Revolving
Previous Owner $600,800 Adjustable Rate Mortgage/ARM
Previous Owner $500,000 Purchase Money Mortgage
Previous Owner $67,400 Credit Line Revolving
Previous Owner $25,000 Credit Line Revolving
Previous Owner $280,000 Purchase Money Mortgage
Previous Owner $143,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2021 04/21/21 Sold $1,030,000 +3.5% $729 / Sq Ft
03/22/2021 03/22/21 Pending -- -- --
03/18/2021 03/18/21 For Sale $995,000 +32.5% $705 / Sq Ft
11/05/2015 11/05/15 Sold $751,000 +8.1% $532 / Sq Ft
08/29/2015 08/29/15 Pending -- -- --
08/21/2015 08/21/15 For Sale $695,000 -- $492 / 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 $13,276 $1,114,902 $783,246 $331,656
2024 $13,276 $1,093,042 $767,889 $325,153
2023 $13,019 $1,071,611 $752,833 $318,778
2022 $12,410 $1,050,600 $738,072 $312,528
2021 $9,722 $821,324 $508,981 $312,343
2019 $9,426 $796,966 $493,886 $303,080
2018 $9,396 $781,340 $484,202 $297,138
2016 $8,980 $751,000 $465,400 $285,600
2015 $7,143 $596,800 $399,800 $197,000
2014 $6,461 $527,000 $353,000 $174,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-707508

The MLS

APN: 4235-012-026