$1,900,000
SOLD MAY 1, 2025
3 Beds
2 Baths
1,682 Sq Ft
5,897 Sq Ft Lot

Recently Sold

$1,130 Per Sq Ft

3% Above List Price

10 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • No HOA
  • Venice High School Rated A
  • Great Room
  • 3-minute walk to Penmar Park

About This Home

As of May 2025

Don't miss this exceptional opportunity where rebuilt homes on smaller lots sell above $5m. Unlock the potential of 1531 Glencoe, a prime investment or development opportunity in one of the most sought-after neighborhoods. Set on a 5,907 sq. ft. corner lot, this property is ideal for renovation, expansion, or a complete reimagination, offering limitless possibilities for investors, builders, or homeowners. Located in the highly coveted East of Lincoln neighborhood, this home is just moments from Penmar Park, trendy restaurants, boutique shops, and gourmet markets. Enjoy the best of Venice living with Abbot Kinney, Venice Beach, and all the Westside offers just minutes away.

Last Agent to Sell the Property

Laurie Woolner

Campbell Wellman Properties License #01421544 Listed on: 02/01/2025

Last Buyer's Agent

Laurie Woolner

Campbell Wellman Properties License #01421544 Listed on: 02/01/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,782

Year Built

  • Built in 1949

Lot Details

  • 5,897 Sq Ft Lot
  • Lot Dimensions are 55x109
  • Property is zoned LAR1

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,682 Sq Ft Home
  • 2-Story Property
  • Decorative Fireplace
  • Great Room
  • Living Room
  • Dining Area
  • Den

Kitchen

  • Galley Kitchen
  • Oven
  • Gas Cooktop
  • Range Hood
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Oversized Parking

Additional Features

  • Open Patio
  • Floor Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4244-016-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,782

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 1682
  • Lot Acreage: 0.1354
  • Lot Dimensions: 55x109
  • Stories: 2
  • Year Built: 1949
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Decorative
  • Flooring: Carpet, Wood
  • Appliances: Cooktop - Gas, Oven, Range Hood
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area
  • Kitchen Features: Galley Kitchen
  • Laundry: Laundry Area
  • Total Bathrooms: 2.00
  • Den: 1
  • Equipment: Garbage Disposal, Refrigerator, Range/Oven, Dryer, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 1099.88

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Detached, Oversized, Garage Is Detached
  • Total Parking: 2

Utilities

  • Heating: Floor Furnace

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4244-016-012
  • Lot Size Area: 5897

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2025
Sold by
Cornwell Family Trust and Cornwell James L
Bought by
La21g Llc
Current Estimated Value
$1,915,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,799,718
Interest Rate
6.67%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 10, 2012
Sold by
Cornwell James L and Cornwell Deborah L
Bought by
Cornwell James L and Cornwell Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2012
Sold by
Cornwell James L and Cornwell Deborah L
Bought by
Cornwell James L and Cornwell Deborah L

Purchase Details

Closed on
Nov 15, 2007
Sold by
Carlson Karen Kay
Bought by
Solmssen Bonnie and Deedee Exempt Trust

Purchase Details

Closed on
Sep 18, 1996
Sold by
Principato Frank D
Bought by
Cornwell James L and Cornwell Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
7.87%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 7, 1996
Sold by
Principato Patricia and Wood Barbara
Bought by
Principato Frank D
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed $1,900,000 Fidelity National Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $971,590 Southland Title Corporation
Interfamily Deed Transfer -- Southland Title Corporation
Trustee Deed $91,969 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,799,718 Construction
Previous Owner $156,000 New Conventional
Previous Owner $137,052 New Conventional
Previous Owner $250,000 Credit Line Revolving
Previous Owner $250,000 Credit Line Revolving
Previous Owner $216,162 Unknown
Previous Owner $227,000 Unknown
Previous Owner $207,000 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2025 05/01/25 Sold $1,900,000 +2.7% $1,130 / Sq Ft
02/11/2025 02/11/25 Pending -- -- --
02/01/2025 02/01/25 For Sale $1,850,000 -- $1,100 / 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 $4,782 $386,786 $325,726 $61,060
2024 $4,782 $379,203 $319,340 $59,863
2023 $4,695 $371,769 $313,079 $58,690
2022 $4,486 $364,481 $306,941 $57,540
2021 $4,421 $357,335 $300,923 $56,412
2019 $4,291 $346,739 $291,999 $54,740
2018 $4,228 $339,941 $286,274 $53,667
2016 $4,032 $326,742 $275,158 $51,584
2015 $3,974 $321,835 $271,025 $50,810
2014 $3,995 $315,531 $265,716 $49,815
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25492975

The MLS

APN: 4244-016-012