NOT LISTED FOR SALE

1340 Morningside Way Venice, CA 90291

Venice Neighborhood

Estimated Value: $2,281,000 - $2,905,000

3 Beds
2 Baths
1,079 Sq Ft
$2,491/Sq Ft Est. Value

Last Sold April 27, 2021

Last sale price $2,510,000 $2,326 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $16,685/month

Highlights

  • Detached Guest House
  • Spa
  • 0.25 Acre Lot
  • Venice High School Rated A
  • City Lights View
  • 4-minute walk to Penmar Park

About This Home

As of October 2023

This recently updated Venice home boasts three bedroom two bath home plus an office. Remodeled throughout, this is the perfect rental for a family or professionals looking for proximity to all that Abbot Kinney, Rose Ave, Main St, and the beach have to offer. Situated just a block away from Penmar Park in one of the quietest neighborhood in Venice, the property has a large yard perfect for outdoor entertaining. It is one of two homes on a twelve thousand square foot lot.

Last Agent to Rent the Property

Eric Hartnack

Compass License #02113497 Listed on: 08/22/2023

Compass

Last Renter's Agent

Eric Hartnack

Compass License #02113497 Listed on: 08/22/2023

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1923 | Remodeled

Lot Details

  • 10,882 Sq Ft Lot
  • Lot Dimensions are 63x173
  • Gated Home
  • Property is zoned LAR1

Home Design

  • Bungalow
  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 1,079 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Screens
  • Living Room
  • Dining Area
  • Bonus Room
  • City Lights Views
  • Attic Fan
  • Carbon Monoxide Detectors

Kitchen

  • Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Covered Spaces
  • On-Street Parking

Outdoor Features

  • Spa
  • Enclosed Patio or Porch

Additional Homes

  • Detached Guest House

Utilities

  • Heating System Mounted To A Wall or Window
  • Property is located within a water district
  • Water Heater
  • Sewer in Street
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $6,500
  • $13,000 Move-In Fee
  • Tenant pays for electricity, cable TV
  • Rent includes gardener, trash collection, water
  • 12 Month Lease Term
  • Assessor Parcel Number 4244-020-029

Home Details

Home Type

Single Family

Year Built

Built in 1923 | Remodeled

Lot Details

0

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Not Included In Rent: Electrical and Cable/Internet
  • Rent Excludes: Electrical and Cable/Internet, Gas, Trash, Water. Property owner to pay for laandscaper.
  • Rent Includes: Gardener, Trash Collection, Water
  • Security Deposit: 6500
  • Tenant Pays: Electricity, Cable TV
  • Total Move In Costs: 13000.00

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Style: California Bungalow
  • Single Family Or Apt: Condo/Apt
  • Levels: One
  • Street Number Display: Yes
  • Lease Terms: 1-Year
  • Living Area: 1079
  • Lot Acreage: 0.2498
  • Lot Dimensions: 63x173
  • Monthto Month: No
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Year Built: 1923
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Tile, Wood Laminate
  • Appliances: Built-In Electric, Built-In Gas, Cooktop - Gas, Oven, Microwave, Range, Range Hood, Gas/Electric Range
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Eating Areas: Dining Area
  • Laundry: Laundry Closet Stacked, Laundry Area
  • Total Bathrooms: 2.00
  • Equipment: Cable, Ceiling Fan, Dishwasher, Dryer, Freezer, Garbage Disposal, Washer, Stackable W/D Hookup, Microwave, Ice Maker, Refrigerator, Range/Oven
  • Price Per S Q F T: 5.47
  • Windows: Screens

Exterior Features

  • Other Features: Two On A Lot
  • Tennis Court Y/N: No
  • Guest House: Detached
  • Pool: No
  • Roof: Concrete, Tile
  • Spa: Hot Tub
  • Spa Yn: Yes
  • View: City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: On street

Utilities

  • Water Heater: Water Heater Unit
  • Cooling: Attic Fan
  • Heating: Wall
  • Security: Carbon Monoxide Detector(s), Gated
  • Sewer: In Street
  • Water: District

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4244-020-029
  • Lot Size Area: 10882

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2023
Closed on
Aug 10, 2023
Sold by
Bhanvadia Sumeet Kaur and Bhanvadia Vimal Bhupat
Bought by
Bhanvadia 2023 Revocable Trust and Bhanvadia
Seller's Agent
Eric Hartnack
Compass
Buyer's Agent
Eric Hartnack
Compass
Sold Price
$5,500
Views
59
Current Estimated Value
$2,687,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,682,482

Purchase Details

Closed on
Feb 8, 2019
Sold by
Harris Brian
Bought by
Harris Brian and The Brian Harris Living Trust

Purchase Details

Closed on
Apr 20, 2017
Sold by
Harris Brian and Harris Douglas
Bought by
Harris Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
4.23%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 14, 2016
Sold by
Harris Noranne and Harris Douglas
Bought by
Harris Brian and Harris Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
3.54%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 19, 2016
Sold by
Harris Brian and The Yvonne Harris Living Trust
Bought by
Harris Brian and Harris Douglas

Purchase Details

Closed on
Nov 22, 2013
Sold by
Harris Yvonne
Bought by
Harris Yvonne and The Yvonne Harris Living Trust

Purchase Details

Closed on
Dec 3, 2002
Sold by
Harris Yvonne and Dunn Gerald Howard
Bought by
Harris Yvonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.28%

Purchase Details

Closed on
Jan 11, 1995
Sold by
Dunn Lois and The Lois Dunn Family 1991 Trus
Bought by
Dunn Lois and The Lois Dunn Family 1991 Trus
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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

Purchase History

Date Buyer Sale Price Title Company
Bhanvadia 2023 Revocable Trust -- None Listed On Document
Harris Brian -- None Available
Harris Brian -- Title 365
Harris Brian -- Wfg National Title
Harris Brian -- None Available
Harris Yvonne -- None Available
Harris Yvonne -- Fidelity National Title Co
Dunn Lois -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harris Brian $1,200,000
Previous Owner Harris Brian $69,000
Previous Owner Harris Yvonne $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2023 10/01/23 Rented $5,500 -6.8% --
09/14/2023 09/14/23 Price Changed $5,900 -9.2% $5 / Sq Ft
08/22/2023 08/22/23 For Rent $6,500 +16.1% --
07/01/2022 07/01/22 Rented $5,600 0.0% --
06/23/2022 06/23/22 Under Contract -- -- --
05/27/2022 05/27/22 For Rent $5,600 0.0% --
04/27/2021 04/27/21 Sold $2,510,000 -3.3% $1,149 / Sq Ft View Prior Sale
03/25/2021 03/25/21 Pending -- -- --
03/25/2021 03/25/21 For Sale $2,595,000 -- $1,188 / Sq Ft
Source: The MLS

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 $32,718 $2,716,903 $1,986,262 $730,641
2024 $32,413 $2,663,631 $1,947,316 $716,315
2023 $31,782 $2,611,404 $1,909,134 $702,270
2022 $30,299 $2,560,200 $1,871,700 $688,500
2021 $22,464 $1,881,036 $1,407,800 $473,236
2020 $22,696 $1,861,969 $1,393,365 $468,604
2019 $21,788 $1,825,465 $1,366,045 $459,420
2018 $21,632 $1,789,677 $1,339,260 $450,417
2016 $14,478 $1,190,863 $952,691 $238,172
2015 $14,266 $95,426 $61,382 $34,044
2014 $1,360 $93,558 $60,180 $33,378
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-303362

The MLS

APN: 4244-020-029

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