NOT LISTED FOR SALE

Estimated Value: $1,210,000 - $1,508,000

1 Bed
1.5 Baths
858 Sq Ft
$1,606/Sq Ft Est. Value

Last Sold March 08, 2016

Last sale price $850,000 $991 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $8,464/month

Highlights

  • Modern Architecture
  • Built-In Features
  • Fire Pit
  • Beethoven Street Elementary School Rated 9+
  • Open Patio
  • Central Heating and Cooling System

About This Home

As of May 2019

Renovated modern beach bungalow with a quiet, private back yard that includes an outdoor shower to rinse off after a day at the beach! This is the perfect pied-de-terre for the bi-costal or European business traveler who needs a live/work space. Inside, you will find beautiful concrete composite floors, high ceilings, and an abundance of natural light through skylights, windows, and glass doors. A spacious chef's kitchen with stainless steel appliances, magnet walls, and plenty of wall space for art. The home is equipped with surround sound throughout the house (receiver is included), a Nest thermostat, gated entrance with wireless intercom system and bluetooth keyless entry at side entrance. Enjoy a zen back yard with a waterfall, cozy fire pit, outdoor shower, and low maintenance artificial turf all surrounded by beautiful, tall privacy bamboo. Perfect location - just a bike ride from the trendy Abbot Kinney Blvd, Venice Beach, Mar Vista farmer's market and Marina del Rey!

Last Agent to Rent the Property

Emory Donelson

Estate Properties License #01709558 Listed on: 04/23/2019

Last Renter's Agent

Cristina Warfield

Compass License #01823970

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,964

Year Built

  • Built in 1936

Lot Details

  • 2,501 Sq Ft Lot
  • South Facing Home
  • Block Wall Fence
  • Property is zoned LAR3

Home Design

  • Modern Architecture
  • Entry on the 1st floor

Interior Spaces

  • 858 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Dining Area
  • Concrete Flooring

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Outdoor Features

  • Open Patio
  • Fire Pit

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $7,990
  • Tenant pays for electricity, gas, trash collection, water
  • 12 Month Lease Term
  • Assessor Parcel Number 4245-023-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,964

Year Built

Built in 1936

Lot Details

0

Rental Info

  • Cashiers Check: 1st Month Rent, Security Deposit
  • Credit Report Paid By: Tenant
  • Land Lease Type: Fee
  • Security Deposit: 7990
  • Tenant Pays: Electricity, Gas, Trash Collection, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Modern
  • Single Family Or Apt: Single Family
  • Levels: One
  • Street Number Display: Yes
  • Advertising Remarks: Renovated modern beach bungalow with a quiet, private back yard that includes an outdoor shower to rinse off after a day at the beach! This is the perfect pied-de-terre for the bi-costal or European business traveler who needs a live/work space. Inside, you will find beautiful concrete composite floors, high ceilings, and an abundance of natural light through skylights, windows, and glass doors. A spacious chef's kitchen with stainless steel appliances, magnet walls, and plenty of wall space for art. The home is equipped with surround sound throughout the house (receiver is included), a Nest thermostat, gated entrance with wireless intercom system and bluetooth keyless entry at side entrance. Enjoy a zen back yard with a waterfall, cozy fire pit, outdoor shower, and low maintenance artificial turf all surrounded by beautiful, tall privacy bamboo. Perfect location - just a bike ride from the trendy Abbot Kinney Blvd, Venice Beach, Mar Vista farmer's market and Marina del Rey!
  • Entry Floor: 1
  • Entry Location: Ground Level - no steps
  • Lease Terms: 1+Year
  • Living Area: 858
  • Stories: 1
  • Year Built: 1936
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Fire Pit, Living Room
  • Flooring: Cement
  • Bedrooms: 1
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: None
  • One Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 0
  • Eating Areas: Dining Area
  • Laundry: In Kitchen
  • Total Bathrooms: 2.00
  • Equipment: Built-Ins, Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 4.66

Exterior Features

  • Balcony: Yard
  • Direction Faces: South
  • Tennis Court Y/N: No
  • Fence: Block
  • Patio: Patio Open
  • Pool: No
  • Spa Yn: No
  • View: No

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Pet Rules: Yes

Lot Info

  • Assessor Parcel Number: 4245-023-001
  • Geocode Override: No
  • Lot Size Area: 2501

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2020
Sold by
Wiese Rashi Khanna and Wiese Eric
Bought by
Oberlander Michael and Kay Kimberly
Current Estimated Value
$1,426,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Outstanding Balance
$653,711
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$724,620

Purchase Details

Listed on
Oct 8, 2015
Closed on
Feb 25, 2016
Sold by
Olsen Craig
Bought by
Khanna Rashi and Wiese Eric
Seller's Agent
Suzanne Frank
Abbot Kinney Real Estate Inc.
Buyer's Agent
Emory Donelson
Estate Properties
List Price
$1,050,000
Sold Price
$850,000
Premium/Discount to List
-$200,000
-19.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.13%
Original Mortgage
$620,500
Interest Rate
2.52%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 28, 2006
Sold by
Olsen Dana
Bought by
Olsen Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 2006
Sold by
Kearns James F and Kearns Karen J
Bought by
Olsen Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 2005
Sold by
Kearns James F and Kearns Karen J
Bought by
Kearns James F

Purchase Details

Closed on
Nov 8, 2004
Sold by
Mraz Cheryl and Lauretta Fields Living Trust
Bought by
Kearns James F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 2, 1994
Sold by
Fields Lauretta Weddendorf
Bought by
Fields Lauretta and The Lauretta Fields Living Trust
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
Oberlander Michael $925,000 Chicago Title
Khanna Rashi $850,000 Lawyers Title
Khanna Chand -- Lawyers Title
Olsen Craig -- Ticor Title Company
Olsen Craig $900,000 Ticor Title Company
Kearns James F -- Ticor Title Co Glendale
Kearns James F $500,000 Ticor Title Company Glen
Fields Lauretta -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oberlander Michael $740,000
Previous Owner Khanna Chand $620,500
Previous Owner Olsen Craig $630,000
Previous Owner Kearns James F $75,000
Previous Owner Kearns James F $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/06/2019 05/06/19 Rented $3,850 -3.6% --
05/02/2019 05/02/19 Under Contract -- -- --
04/23/2019 04/23/19 For Rent $3,995 0.0% --
03/08/2016 03/08/16 Sold $850,000 -2.9% $991 / Sq Ft View Prior Sale
01/31/2016 01/31/16 Pending -- -- --
11/03/2015 11/03/15 Price Changed $875,000 -2.7% $1,020 / Sq Ft
10/27/2015 10/27/15 Price Changed $899,000 -5.1% $1,048 / Sq Ft
10/26/2015 10/26/15 Price Changed $947,400 -9.8% $1,104 / Sq Ft
10/08/2015 10/08/15 For Sale $1,050,000 -- $1,224 / 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 $11,964 $1,001,247 $800,998 $200,249
2024 $11,964 $981,616 $785,293 $196,323
2023 $11,734 $962,370 $769,896 $192,474
2022 $11,188 $943,500 $754,800 $188,700
2021 $11,978 $925,000 $740,000 $185,000
2020 $11,138 $920,065 $757,701 $162,364
2019 $10,691 $902,026 $742,845 $159,181
2018 $10,739 $884,340 $728,280 $156,060
2016 $7,276 $598,000 $469,000 $129,000
2015 $7,277 $598,000 $469,000 $129,000
2014 $6,376 $510,000 $400,000 $110,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-458176

The MLS

APN: 4245-023-001