NOT LISTED FOR SALE

12530 Venice Blvd Unit 5 Los Angeles, CA 90066

Mar Vista Neighborhood

Estimated Value: $746,000 - $907,000

2 Beds
2 Baths
960 Sq Ft
$490/mo HOA Fee

Last Sold February 07, 2024

Last sale price $821,000 $855 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $5,366/month

7 Days on Market

Highlights

  • Engineered Wood Flooring
  • Enclosed Patio or Porch
  • Card or Code Access
  • Venice High School Rated A
  • Security Service
  • Central Heating and Cooling System

About This Home

As of February 2024

Set back from the street on a tree-lined, residential stretch of the boulevard behind a secured front gate, a private patio leads into this open-concept, 2/bedroom 2/bat unit that's drenched with natural light. A large living area features wide-plank, engineered-hardwood flooring and a wall-to-wall, built-in entertainment console with flanking bookcases and sconces. A recent remodel by the current owners includes a thoughtful design to maximize storage throughout the entire unit, including custom closets and built ins. The upgraded kitchen includes granite countertops, under-cabinet lighting and high-end appliances such as a brand-new Bosch 800 Series dishwasher. Both the primary ensuite and hall bathrooms are also recently renovated with designer tile, flooring and Cedar & Moss fixtures. The primary bedroom is subtly elevated with a solid-wood shiplap feature wall, and the second bedroom is perfect for family, guests or a dedicated, work-from-home office. The unit also has a newer A.O. Smith 40-gallon water heater (2019), HVAC system (2019) with Nest smart thermostat and Fisher & Paykel in-door water filter. A gated garage has 2 tandem parking spaces and a roll up storage unit. A well-run HOA with $490/month dues includes water, trash, landscaping & exterior maintenance. Just minutes from neighborhood favorites such as Alana's Coffee Roasters, Starbucks the Mar Vista Farmers Market on Sundays, Blueys, Accomplice, Mitsuwa and more. The building is conveniently just a short drive or casual bike ride to Venice boardwalk & Abbot Kinney, Downtown Culver City and several other westside neighborhoods. HOA Dues: $490.00/month

Last Agent to Sell the Property

James Harm

Compass License #01909659 Listed on: 01/11/2024

Compass

Co-Listed By

Benjamin Kahle

Compass License #01951554

Last Buyer's Agent

Hamid Koochak

Compass License #01926949

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,352

Year Built

  • Built in 1986

Lot Details

  • 7,009

HOA Fees

  • $490 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 960 Sq Ft Home
  • 2-Story Property
  • Dining Area
  • Dishwasher

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer Hookup

Additional Features

  • Enclosed Patio or Porch
  • Gated Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4235-012-051

Community Details

Overview

  • 9 Units

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Security Service
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,352

Year Built

Built in 1986

Lot Details

0

HOA Fees

$490 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Unknown
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: On Venice HOA
  • Entry Floor: 1
  • Entry Location: Ground Level w/steps
  • Living Area: 960
  • Lot Acreage: 0.1609
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 2
  • Year Built: 1986
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Engineered Hardwood, Tile
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Stackable W/D Hookup
  • Price Per S Q F T: 832.29

Exterior Features

  • Construction: Hard Coat
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Covered Parking, Subterr Tandem, Assigned
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Community, Card/Code Access, Gated

Association/Amenities

  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 490.00
  • HOA: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4235-012-051
  • Lot Size Area: 7007

Rental Info

  • Land Lease Purchase Yn: No

Multi Family

  • Number Of Units: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2024
Closed on
Jan 31, 2024
Sold by
Thudium Living Trust
Bought by
Aghsaei Sina
Seller's Agent
James Harm
Compass
Buyer's Agent
Hamid Koochak
Compass
List Price
$799,000
Sold Price
$821,000
Premium/Discount to List
$22,000
2.75%
Views
54
Current Estimated Value
$814,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,490
Avg. Annual Appreciation
-0.46%
Original Mortgage
$656,800
Outstanding Balance
$645,193
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$169,317

Purchase Details

Listed on
Apr 23, 2015
Closed on
May 22, 2015
Sold by
Demesa Ryan V and De Mesa Angeles
Bought by
Thudium Mark Gordon and Thudium Angela Marie
Seller's Agent
Keri White
Element RE, Inc
Buyer's Agent
Michael Shore
Shore Real Estate
List Price
$499,000
Sold Price
$511,000
Premium/Discount to List
$12,000
2.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.65%
Original Mortgage
$459,900
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 1, 2012
Closed on
May 23, 2012
Sold by
Demesa Renato
Bought by
Demesa Angeles
Seller's Agent
Nanette S Iggulden
Coldwell Banker Realty
Buyer's Agent
Keri White
Element RE, Inc
List Price
$299,000
Sold Price
$320,000
Premium/Discount to List
$21,000
7.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.88%

Purchase Details

Closed on
Mar 21, 2012
Sold by
Latiolais Lajuana
Bought by
Demesa Ryan V and Demesa Angeles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2007
Sold by
12530 Venice Llc
Bought by
Latiolais Lajuana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Aghsaei Sina $821,000 Stewart Title Of California In
Thudium Mark Gordon $511,000 First American Title Company
Demesa Angeles -- California Title Company
Demesa Ryan V $320,000 California Title Company
Latiolais Lajuana $475,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aghsaei Sina $656,800
Previous Owner Thudium Mark Gordon $459,900
Previous Owner Demesa Ryan V $256,000
Previous Owner Latiolais Lajuana $380,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/07/2024 02/07/24 Sold $821,000 +2.8% $855 / Sq Ft
01/18/2024 01/18/24 Pending -- -- --
01/11/2024 01/11/24 For Sale $799,000 +56.4% $832 / Sq Ft
06/26/2015 06/26/15 Sold $511,000 +2.4% $532 / Sq Ft View Prior Sale
05/21/2015 05/21/15 Pending -- -- --
05/15/2015 05/15/15 For Sale $499,000 0.0% $520 / Sq Ft
05/07/2015 05/07/15 Pending -- -- --
04/23/2015 04/23/15 For Sale $499,000 +55.9% $520 / Sq Ft
06/27/2012 06/27/12 Sold $320,000 +7.0% $333 / Sq Ft View Prior Sale
02/15/2012 02/15/12 Pending -- -- --
02/01/2012 02/01/12 For Sale $299,000 -- $311 / 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 $7,352 $837,420 $707,472 $129,948
2024 $7,352 $602,096 $435,961 $166,135
2023 $7,213 $590,291 $427,413 $162,878
2022 $6,878 $578,718 $419,033 $159,685
2021 $6,790 $567,371 $410,817 $156,554
2019 $6,586 $550,544 $398,633 $151,911
2018 $6,566 $539,750 $390,817 $148,933
2016 $6,280 $518,792 $375,642 $143,150
2015 $4,083 $334,431 $200,032 $134,399
2014 -- $327,881 $196,114 $131,767
Source: Public Records

Agents Affiliated with this Home

  • James Harm

    Seller's Agent in 2024

    James Harm

    Compass

    (310) 275-1000

    1 in this area

    26 Total Sales

    James Harm
    Section Image
  • Benjamin Kahle

    Seller Co-Listing Agent in 2024

    Benjamin Kahle

    Compass

    (310) 779-4578

    3 in this area

    188 Total Sales

    Benjamin Kahle
    Section Image
  • Hamid Koochak

    Buyer's Agent in 2024

    Hamid Koochak

    Compass

    (949) 572-9005

    1 in this area

    22 Total Sales

    Hamid Koochak
    Section Image
  • Keri White

    Seller's Agent in 2015

    Keri White

    Element RE, Inc

    (310) 804-4011

    6 in this area

    107 Total Sales

    Keri White
    Section Image
  • Michael Shore

    Buyer's Agent in 2015

    Michael Shore

    Shore Real Estate

    (310) 278-7600

    8 Total Sales

    Michael Shore
    Section Image
  • Nanette S Iggulden

    Seller's Agent in 2012

    Nanette S Iggulden

    Coldwell Banker Realty

    (310) 433-9908

    2 in this area

    34 Total Sales

    Nanette S Iggulden
    Section Image
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Map

Source: The MLS

MLS Number: 24-346645

The MLS

APN: 4235-012-051

California Los Angeles County Los Angeles 90066 Mar Vista

12530 Venice Blvd Unit 5, Los Angeles, CA

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