$2,900,000
PENDING

Estimated payment $17,364/month

Total Views 7,420
6 Beds
2 Baths
1,888 Sq Ft
$1,536 Price per Sq Ft

Highlights

  • 0.25 Acre Lot
  • Wood Flooring
  • Garage
  • Venice High School Rated A
  • No HOA
  • 3-minute walk to Penmar Park

About This Home

Exceptional Development Opportunity in Venice Beach. A rare offering in the sought-after Penmar neighborhood of Venice Beach. 1325 & 1327 Appleton Way present an extraordinary opportunity for developers, builders, and visionaries alike. Set on a generous 10,903 square foot lot on a tranquil street, this property features two existing structures primed for a major remodel or complete redevelopment. Whether you envision a modern compound or multiple new homes, the lot offers ample space and potential, following the lead of other beautifully transformed properties in the area. Beloved for its welcoming community vibe, Penmar offers easy access to the beach, vibrant Venice dining and shopping, Silicon Beach, Marina del Rey, and the creative hubs of Culver City. Opportunities like this are increasingly rare, don't miss your chance to create something truly special in one of L.A.'s most dynamic coastal neighborhoods.

Listing Agent

Joy Lizabeth Kelly

Sotheby's International Realty License #02115180 Listed on: 07/07/2025

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 63x174
  • South Facing Home
  • Tear Down
  • Property is zoned LAR1

Home Design

  • Bungalow

Interior Spaces

  • 1,888 Sq Ft Home
  • 1-Story Property
  • Living Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Parking

  • Garage
  • Carport

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4244-020-007

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: California Bungalow
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 1888
  • Lot Acreage: 0.2503
  • Lot Dimensions: 63x174
  • Planned Urban Dev: 0
  • Property Condition: Tear Down
  • Stories: 1
  • Year Built: 1951
  • Builders Tract Name: Durley Park
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Carpet
  • Bedrooms: 6
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 1536.02

Exterior Features

  • Direction Faces: South
  • Other Structures: Accessory Bldgs
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Carport, Garage Is Detached

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4244-020-007
  • Lot Size Area: 10905

Multi Family

  • Number Of Units: 2

MLS Schools

  • School District: Los Angeles Unified

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

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 $28,202 $2,375,000 $2,275,000 $100,000
2024 $28,202 $2,313,432 $2,228,536 $84,896
2023 $1,687 $110,015 $70,914 $39,101
2022 $1,626 $107,859 $69,524 $38,335
2021 $1,593 $105,745 $68,161 $37,584
2020 $1,602 $104,662 $67,463 $37,199
2019 $1,553 $102,611 $66,141 $36,470
2018 $1,428 $100,600 $64,845 $35,755
2016 $1,350 $96,695 $62,328 $34,367
2015 $1,333 $95,243 $61,392 $33,851
2014 $1,354 $93,378 $60,190 $33,188
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/12/2025 09/12/25 Pending -- -- --
07/07/2025 07/07/25 For Sale $2,900,000 +22.1% $1,536 / Sq Ft
12/30/2024 12/30/24 Sold $2,375,000 +3.3% $1,258 / Sq Ft View Prior Sale
07/16/2024 07/16/24 Pending -- -- --
07/09/2024 07/09/24 Price Changed $2,300,000 -8.0% $1,218 / Sq Ft
06/19/2024 06/19/24 For Sale $2,500,000 -- $1,324 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Grant Deed $2,375,000 Lawyers Title Company
Source: Public Records

Source: The MLS

MLS Number: 25560951

The MLS

APN: 4244-020-007