NOT LISTED FOR SALE

1390 Morningside Way Venice, CA 90291

Venice Neighborhood

Estimated Value: $3,885,581 - $4,586,000

4 Beds
5 Baths
3,152 Sq Ft
$1,340/Sq Ft Est. Value

Last Sold September 19, 2018

Last sale price $2,850,000 $904 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $25,084/month

Highlights

  • Heated In Ground Pool
  • Panoramic View
  • Wood Flooring
  • Venice High School Rated A
  • Den with Fireplace
  • 4-minute walk to Penmar Park

About This Home

As of September 2018

Spectacular Ultra modern home located on a corner lot in sexy Venice Beach. Stunning and spacious brand new home with modern features. This beautiful contemporary home Boasts 4 large Br's and 5BA. Over 1,500sf of balcony and deck space, including a 2 story roof deck. This Control 4 ready voice activated "smart home" has all the bells & whistles and no money spared bringing top of the line appliances and finishes throughout .The humongous open layout New York loft style first floor, opens out to the luscious garden which includes a pool and spa for your entertaining pleasure. *Accepted offer is $2,850,000, subject to court overbid. Court date is August 22, 2018 at 1:30 pm at US Bankruptcy Court: 225 E Temple St, Los Angeles CA 90012. Courtroom: 1675. Potential over bidders must provide a cashiers check of $100,000 prior to or at the court hearing and show ability to close by Aug 25th 2018. Call agent with questions.

Last Agent to Sell the Property

Gilad Schiowitz

Real Broker License #01977124 Listed on: 05/21/2018

Real Broker

Last Buyer's Agent

Ryan Sokolowski

Berkshire Hathaway HomeServices California Properties License #01859461

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016

Lot Details

  • 6,157 Sq Ft Lot
  • Property is zoned LAR1

Home Design

  • Modern Architecture

Interior Spaces

  • 3,152 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Gas Fireplace
  • Den with Fireplace
  • Wood Flooring
  • Panoramic Views
  • Alarm System

Kitchen

  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer

Parking

  • 2 Car Garage
  • Guest Parking

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Utilities

  • Air Conditioning
  • Vented Exhaust Fan

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4244-020-021

Home Details

Home Type

Single Family

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Street Number Display: Yes
  • Living Area: 3152
  • Stories: 1
  • Year Built: 2016
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Den, Gas
  • Flooring: Wood
  • Bedrooms: 4
  • Full Bathroom: 5
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside, Room
  • Total Bathrooms: 5.00
  • Equipment: Alarm System, Built-Ins, Dishwasher, Dryer, Freezer, Garbage Disposal, Hood Fan, Ice Maker, Microwave, Refrigerator, Vented Exhaust Fan
  • Price Per S Q F T: 920.05

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Heated And Filtered, In Ground
  • Pool: Yes
  • Spa: Heated, Hot Tub, In Ground
  • Spa Yn: Yes
  • View: Panoramic
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car, Parking for Guests - Onsite

Utilities

  • Cooling: Air Conditioning

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4244-020-021
  • Geocode Override: No
  • Lot Size Area: 6157

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2025
Sold by
Alabdulrazzaq Luai Abdulaziz Khaled and Alabdulrazzaq Abdulaziz
Bought by
1390 Morningside Llc
Current Estimated Value
$4,222,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,662,500
Outstanding Balance
$2,650,334
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$1,572,311

Purchase Details

Listed on
May 21, 2018
Closed on
Aug 24, 2018
Sold by
Alnusf Manal Mohammad Hamad Alrashed
Bought by
Alabdulrazzaq Luai Abdulaziz Khaled
Seller's Agent
Gilad Schiowitz
Real Broker
Buyer's Agent
Ryan Sokolowski
Berkshire Hathaway HomeServices California Properties
List Price
$2,899,999
Sold Price
$2,850,000
Premium/Discount to List
-$49,999
-1.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.49%

Purchase Details

Closed on
Jun 4, 2018
Sold by
Morningside Llc
Bought by
Alabdulrazzaq Luai Andulaziz Khaled and Alabdulrazzaq Abdulaziz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,850,000
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 5, 2016
Sold by
Arko Group Llc
Bought by
Morningside Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
3.57%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 12, 2015
Closed on
Aug 23, 2015
Sold by
Latta Christine
Bought by
Arko Group Llc
Seller's Agent
Tamra Pardee
Pardee Properties
Buyer's Agent
F. Courtney Norman
Corcoran Global Living
List Price
$1,175,000
Sold Price
$1,050,000
Premium/Discount to List
-$125,000
-10.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.35%
Original Mortgage
$1,825,000
Interest Rate
3.91%
Mortgage Type
Construction

Purchase Details

Closed on
May 18, 2010
Sold by
Latta Christine Elizabeth
Bought by
Latta Christine Elizabeth and Anderson Christopher Alexis

Purchase Details

Closed on
Apr 2, 2001
Sold by
Varner James L and Varner Judith E
Bought by
Latta Christine Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.89%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
1390 Morningside Llc $2,021,150 Old Republic Title
Alabdulrazzaq Luai Abdulaziz Khaled -- Chicago Title Company
Alabdulrazzaq Luai Andulaziz Khaled $2,850,000 Chicago Title Company
Morningside Llc -- First American Title Company
Arko Group Llc $1,050,000 Lawyers Title Company
Latta Christine Elizabeth -- None Available
Latta Christine Elizabeth $355,000 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1390 Morningside Llc $2,662,500
Previous Owner Alabdulrazzaq Luai Andulaziz Khaled $1,850,000
Previous Owner Morningside Llc $1,750,000
Previous Owner Arko Group Llc $1,825,000
Previous Owner Latta Christine Elizabeth $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/19/2018 09/19/18 Sold $2,850,000 -1.7% $904 / Sq Ft
05/21/2018 05/21/18 For Sale $2,899,999 +176.2% $920 / Sq Ft
09/11/2015 09/11/15 Sold $1,050,000 -2.3% $700 / Sq Ft View Prior Sale
08/07/2015 08/07/15 Pending -- -- --
07/29/2015 07/29/15 Price Changed $1,075,000 -1.8% $717 / Sq Ft
06/26/2015 06/26/15 Price Changed $1,095,000 -6.8% $730 / Sq Ft
06/12/2015 06/12/15 For Sale $1,175,000 -- $784 / 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 $37,885 $3,179,225 $1,738,311 $1,440,914
2024 $37,885 $3,116,888 $1,704,227 $1,412,661
2023 $37,147 $3,055,773 $1,670,811 $1,384,962
2022 $35,410 $2,995,856 $1,638,050 $1,357,806
2021 $34,983 $2,937,115 $1,605,932 $1,331,183
2020 $35,350 $2,907,000 $1,589,466 $1,317,534
2019 $33,929 $2,850,000 $1,558,300 $1,291,700
2018 $23,408 $1,928,820 $1,092,420 $836,400
2016 $12,736 $1,050,000 $840,000 $210,000
2015 $5,527 $445,079 $356,066 $89,013
2014 $5,552 $436,362 $349,092 $87,270
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2018

    Gilad Schiowitz

    Real Broker

    Section Image
  • Ryan Sokolowski

    Buyer's Agent in 2018

    Ryan Sokolowski

    Berkshire Hathaway HomeServices California Properties

    (310) 344-0898

    66 Total Sales

    Ryan Sokolowski
    Section Image
  • Tamra Pardee

    Seller's Agent in 2015

    Tamra Pardee

    Pardee Properties

    (310) 907-6517

    232 in this area

    853 Total Sales

    Tamra Pardee
    Section Image

  • F

    Buyer's Agent in 2015

    F. Courtney Norman

    Corcoran Global Living

See All Agents

Map

Source: The MLS

MLS Number: 18-346608

The MLS

APN: 4244-020-021

California Los Angeles County Venice 90066 Venice

1390 Morningside Way, Venice, CA

Not Listed for Sale

Detached

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