NOT LISTED FOR SALE

16 Park Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $2,993,000 - $4,750,553

3 Beds
3 Baths
1,597 Sq Ft
$2,438/Sq Ft Est. Value

Last Sold March 24, 2017

Last sale price $3,210,000 $2,010 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $24,602/month

Highlights

  • Modern Architecture
  • Furnished
  • Living Room
  • Venice High School Rated A
  • Views
  • 5-minute walk to Westminster Dog Park

About This Home

As of November 2021

Fully furnished 3bed 3bath modern guest home with abundant natural light & open floor plan. Literally located one building from the beach and 3 short blocks to Venice's finest restaurants and shops on trendy Abbot Kinney Boulevard. Open floor plan kitchen & living room on the main level, as well as one Bedroom downstairs. The other two bedrooms are upstairs, each with ensuite bathrooms. Central AC, In-Unit Washer & Dryer & two garage parking spots with a lovely outdoor area to chill and BBQ. This property was originally built in1906 by Abbot Kinney for his son, Thornton. Short or Long Term PET FRIENDLY.

Last Agent to Rent the Property

Kevin Krakower

Douglas Elliman of California, Inc. License #01896826 Listed on: 08/31/2021

Douglas Elliman of California, Inc.

Last Renter's Agent

Kim Orchen Cooper

Compass License #01933295

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1906

Lot Details

  • 4,809 Sq Ft Lot
  • Property is zoned LARD1.5

Parking

  • 2 Car Garage

Home Design

  • Modern Architecture
  • Split Level Home

Interior Spaces

  • 1,597 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Living Room
  • Dining Area
  • Property Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $9,995
  • 12 Month Lease Term
  • Month-to-Month Lease Term
  • Assessor Parcel Number 4286-025-001

Home Details

Home Type

Single Family

Year Built

Built in 1906

Lot Details

0

Parking

2

Rental Info

  • Credit Report Amount: 35.00
  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Furnished: Furnished
  • Lease Option: 1
  • Security Deposit: 9995

Listing Details

  • Property Type: Residential Lease
  • Style: Modern
  • Single Family Or Apt: Condo/Apt
  • Levels: Two
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 1597
  • Lot Acreage: 0.1104
  • Monthto Month: Yes
  • Stories: 2
  • Year Built: 1906
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Laminate, Stone Tile
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Equipment: Refrigerator, Range/Oven, Microwave, Washer, Dishwasher, Dryer, Ceiling Fan
  • Price Per S Q F T: 6.26

Exterior Features

  • Pool: No
  • View: Any
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Pet Rules: Yes

Lot Info

  • Assessor Parcel Number: 4286-025-001
  • Lot Size Area: 4809

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 26, 2019
Sold by
Xyz Rent 9 Llc
Bought by
Live Xyz Lp
Current Estimated Value
$3,924,492

Purchase Details

Listed on
Jan 25, 2017
Closed on
Feb 27, 2017
Sold by
Lucas Dallas E
Bought by
Xyz Rent 9 Llc
Seller's Agent
Penny Muck
Pardee Properties
Buyer's Agent
Berta Hakimi Negari
Beverly Hills Mint
List Price
$2,985,000
Sold Price
$3,210,000
Premium/Discount to List
$225,000
7.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.22%
Original Mortgage
$2,568,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 24, 2013
Sold by
Sheller John W
Bought by
Lucas Dallas E and Lucas Jennifer A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
2.47%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 30, 2010
Sold by
Sheller John W
Bought by
Sheller John W and Sheller Family Trust

Purchase Details

Closed on
Jul 25, 2008
Sold by
Sheller John W
Bought by
Sheller John W and Sheller Mary E

Purchase Details

Closed on
Apr 23, 2004
Sold by
Sheller John
Bought by
Sheller John and Sheller Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$990,000
Interest Rate
5.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2003
Sold by
Shotland Andrew
Bought by
Sheller John and Sheller Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$993,750
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 2001
Sold by
Petersen Theora B
Bought by
Shotland Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$571,500
Interest Rate
6.25%

Purchase Details

Closed on
Sep 9, 1999
Sold by
Patent Doris
Bought by
Petersen Theora B and The Doris May Patent Inter Vivos Trust
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
Live Xyz Lp -- Accommodation
Xyz Rent 9 Llc $3,210,000 Title 365
Lucas Dallas E $2,800,028 First American Title Company
Sheller John W -- None Available
Sheller John W -- None Available
Sheller John W -- None Available
Sheller John W -- None Available
Sheller John -- First American Title Co
Sheller John $1,325,000 California Title Company
Shotland Andrew $762,000 Southland Title Corporation
Petersen Theora B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Xyz Rent 9 Llc $2,568,000
Previous Owner Lucas Dallas E $1,400,000
Previous Owner Sheller John $990,000
Previous Owner Sheller John $993,750
Previous Owner Shotland Andrew $571,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/13/2021 11/13/21 Rented $9,000 -10.0% --
11/12/2021 11/12/21 Under Contract -- -- --
08/31/2021 08/31/21 For Rent $9,995 0.0% --
03/24/2017 03/24/17 Sold $3,210,000 +7.5% $1,136 / Sq Ft View Prior Sale
02/07/2017 02/07/17 Pending -- -- --
01/25/2017 01/25/17 For Sale $2,985,000 +6.6% $1,057 / Sq Ft
03/24/2014 03/24/14 Sold $2,800,000 -5.9% $991 / Sq Ft View Prior Sale
12/22/2013 12/22/13 Pending -- -- --
12/22/2013 12/22/13 For Sale $2,975,000 +6.3% $1,053 / Sq Ft
12/09/2013 12/09/13 Off Market $2,800,000 -- --
10/15/2013 10/15/13 Price Changed $2,975,000 -14.4% $1,053 / Sq Ft
08/24/2013 08/24/13 For Sale $3,475,000 -- $1,230 / 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 $48,959 $4,122,488 $2,321,170 $1,801,318
2024 $48,959 $4,041,656 $2,275,657 $1,765,999
2023 $48,010 $3,962,409 $2,231,037 $1,731,372
2022 $45,759 $3,884,716 $2,187,292 $1,697,424
2021 $45,206 $4,041,440 $3,536,260 $505,180
2020 $45,681 $3,769,495 $2,122,416 $1,647,079
2019 $43,839 $3,695,584 $2,080,800 $1,614,784
2018 $39,434 $3,274,200 $2,040,000 $1,234,200
2016 $34,793 $2,899,496 $2,071,069 $828,427
2015 $34,278 $2,855,944 $2,039,960 $815,984
2014 $23,631 $1,925,372 $1,275,813 $649,559
Source: Public Records

Agents Affiliated with this Home

  • Kevin Krakower

    Landlord's Agent in 2021

    Kevin Krakower

    Douglas Elliman of California, Inc.

    (310) 493-9895

    30 Total Sales

    Kevin Krakower
    Section Image
  • Kim Orchen Cooper

    Tenant's Agent in 2021

    Kim Orchen Cooper

    Compass

    (310) 562-2814

    23 Total Sales

    Kim Orchen Cooper
    Section Image
  • Penny Muck

    Seller's Agent in 2017

    Penny Muck

    Pardee Properties

    (310) 266-9946

    19 in this area

    57 Total Sales

    Penny Muck
    Section Image
  • Tamra Pardee

    Seller Co-Listing Agent in 2017

    Tamra Pardee

    Pardee Properties

    (310) 907-6517

    231 in this area

    853 Total Sales

    Tamra Pardee
    Section Image

  • B

    Buyer's Agent in 2017

    Berta Hakimi Negari

    Beverly Hills Mint

    (310) 765-7500

    4 Total Sales

    Berta Hakimi Negari
    Section Image

  • C

    Seller's Agent in 2014

    CJ Cole

    The Agency

    Section Image
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Map

Source: The MLS

MLS Number: 21-778578

The MLS

APN: 4286-025-001

California Los Angeles County Venice 90291 Venice

16 Park Ave, Venice, CA

Not Listed for Sale

Detached

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