NOT LISTED FOR SALE

1429 Cabrillo Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,571,000 - $2,139,541

1 Bed
1 Bath
548 Sq Ft
$3,255/Sq Ft Est. Value

Last Sold October 16, 2018

Last sale price $1,525,000 $2,783 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $10,376/month

Highlights

  • City Lights View
  • Wood Flooring
  • Lawn
  • Venice High School Rated A
  • Great Room
  • Den

About This Home

As of October 2020

CA sunlight streams in through rows of vintage windows and illuminates white walls & vaulted clgs of this bright beach bungalow. Freshly remodeled home is located in a historic area of Venice on a lovely wide street lined with palm trees. 1922 residence has been updated to preserve the authentic charm of the period with new fixtures, Italian/German Stainless Kitchen Appliances, as well as updated electrical and plumbing.The home and stand-alone office/studio have been furnished with all new furniture suitable for short and long stays. Studio/office has a 1/2 bath/kitchenette with a lovely view to the serene tropical garden of palm and bamboo trees for total privacy. There is a laundry area w/full-size washer/dryer.Controlled access pkg is from the back alley. Mild Mediterranean climate allows the living space to expand seamlessly from indoors to furnished outdoor areas. To view this extraordinary home + office, PLEASE SEE SHOWING INSTR.

Last Agent to Rent the Property

Stuart Banerjee

D.G. Realty License #00893654 Listed on: 08/22/2020

Last Renter's Agent

Mackenzie Stone

The Beverly Hills Estates License #02063535

The Beverly Hills Estates

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1922 | Remodeled

Lot Details

  • 2,550 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Lawn
  • Property is zoned LARD1.5

Property Views

  • City Lights
  • Woods

Home Design

  • Bungalow

Interior Spaces

  • 1-Story Property
  • Built-In Features
  • Drapes & Rods
  • Window Screens
  • Great Room
  • Living Room
  • Den

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Gas Oven
  • Gas and Electric Range
  • Range Hood
  • Microwave
  • Freezer
  • Disposal

Flooring

  • Wood
  • Porcelain Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Washer

Parking

  • 1 Car Garage
  • 1 Open Parking Space
  • Garage Door Opener
  • Driveway
  • Automatic Gate
  • Controlled Entrance

Location

  • City Lot

Utilities

  • Heating System Mounted To A Wall or Window
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $6,000
  • Tenant pays for electricity, gas
  • 12 Month Lease Term
  • Assessor Parcel Number 4238-004-024

Home Details

Home Type

Single Family

Year Built

Built in 1922 | Remodeled

Lot Details

0

Rental Info

  • Credit Report Required: Yes
  • Furnished: Furnished Or Unfurnished
  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee
  • Rent Control: No
  • Security Deposit: 6000
  • Tenant Pays: Electricity, Gas

Listing Details

  • Property Type: Residential Lease
  • Style: California Bungalow
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Ground Level w/steps
  • Lease Terms: 1+Year
  • Monthto Month: No
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1922
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Porcelain
  • Appliances: Built-Ins, Gas/Electric Range, Microwave, Oven-Gas, Range Hood
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Counter / Bar, Living Room
  • Laundry: Laundry Area, Outside
  • Total Bathrooms: 1.00
  • Equipment: Built-Ins, Cable, Freezer, Garbage Disposal, Gas Or Electric Dryer Hookup, Hood Fan, Microwave, Range/Oven, Refrigerator, Washer
  • Windows: Screens, Drapes/Curtains

Exterior Features

  • Fence: Privacy
  • Pool: No
  • View: City Lights, Trees/Woods
  • View: Yes

Garage/Parking

  • Other Spaces: 1
  • Parking Garage: Auto Driveway Gate, Controlled Entrance, Door Opener, Driveway, Driveway - Concrete
  • Total Parking: 1

Utilities

  • Water Heater: Gas
  • Heating: Wall
  • Sewer: In Connected and Paid
  • Water: Public

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4238-004-024
  • Lot Description: Fenced Yard, Landscaped, Lawn
  • Lot Location: Alley Access, City
  • Lot Size Area: 2550

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2018
Closed on
Sep 24, 2018
Sold by
Palmer Jeremy M and Zedeck Carol
Bought by
Koht Kanne and Kannae Koh Trust
Seller's Agent
Betsy Goldman
Bulldog Realtors, Inc.
Buyer's Agent
Stuart Banerjee
D.G. Realty
List Price
$1,475,000
Sold Price
$1,525,000
Premium/Discount to List
$50,000
3.39%
Current Estimated Value
$1,679,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,901
Avg. Annual Appreciation
2.18%
Original Mortgage
$696,000
Outstanding Balance
$605,703
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$1,177,932

Purchase Details

Closed on
Dec 5, 2003
Sold by
Palmer Jeremy and Zedeck Carol L
Bought by
Palmer Jeremy M and Zedeck Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 2002
Sold by
Palmer Jeremy and Zedeck Carol L
Bought by
Palmer Jeremy and Zedeck Carol L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
6.78%
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
Koht Kanne $1,525,000 Progressive Title Company
Palmer Jeremy M -- Commerce Title
Palmer Jeremy -- California Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koht Kanne $696,000
Previous Owner Palmer Jeremy M $365,000
Previous Owner Palmer Jeremy $255,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/24/2020 10/24/20 Rented $5,500 0.0% --
08/22/2020 08/22/20 For Rent $5,500 -8.3% --
05/29/2020 05/29/20 Rented $6,000 -13.7% --
05/17/2020 05/17/20 Price Changed $6,950 -7.3% $13 / Sq Ft
01/22/2020 01/22/20 Price Changed $7,500 -5.7% $14 / Sq Ft
01/17/2020 01/17/20 For Rent $7,950 0.0% --
10/16/2018 10/16/18 Sold $1,525,000 +3.4% $2,783 / Sq Ft View Prior Sale
08/17/2018 08/17/18 Pending -- -- --
08/07/2018 08/07/18 For Sale $1,475,000 -- $2,692 / 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 $20,144 $1,701,160 $1,360,929 $340,231
2024 $20,144 $1,667,805 $1,334,245 $333,560
2023 $19,750 $1,635,104 $1,308,084 $327,020
2022 $18,823 $1,603,044 $1,282,436 $320,608
2021 $18,602 $1,571,613 $1,257,291 $314,322
2020 $18,799 $1,555,500 $1,244,400 $311,100
2019 $18,039 $1,525,000 $1,220,000 $305,000
2018 $2,212 $175,602 $148,893 $26,709
2016 $2,115 $168,785 $143,112 $25,673
2015 $2,085 $166,251 $140,963 $25,288
2014 $2,102 $162,995 $138,202 $24,793
Source: Public Records

Agents Affiliated with this Home

  • S

    Landlord's Agent in 2020

    Stuart Banerjee

    D.G. Realty

    (310) 399-6277

    3 in this area

    5 Total Sales

    Stuart Banerjee
    Section Image
  • Mackenzie Stone

    Tenant's Agent in 2020

    Mackenzie Stone

    The Beverly Hills Estates

    (310) 849-6775

    1 in this area

    27 Total Sales

    Mackenzie Stone
    Section Image

  • B

    Seller's Agent in 2018

    Betsy Goldman

    Bulldog Realtors, Inc.

    Section Image
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Map

Source: The MLS

MLS Number: 20-622432

The MLS

APN: 4238-004-024

California Los Angeles County Venice 90291 Venice

1429 Cabrillo Ave, Venice, CA

Not Listed for Sale

Detached

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