NOT LISTED FOR SALE

1630 Electric Ave Unit A Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,971,000 - $2,578,000

2 Beds
1 Bath
775 Sq Ft
3,485 Sq Ft Lot

Highlights

  • Wood Flooring
  • Courtyard Views
  • Sundeck
  • Broadway Elementary Rated A
  • Breakfast Area or Nook
  • 4-minute walk to Centennial Park

About This Home

As of March 2017

Renovated garden apartment steps away from Abbot Kinney Blvd. This front unit faces Electric Ave and comes with a private front deck / garden, 1 parking spot in the garage, refurbished hardwood floors, renovated bath and kitchen. Laundry is on site and ample storage in the garage. Light and bright 2 bedroom / 1 bath unit.

Last Agent to Rent the Property

Marcus Miceli

Initiate Realty, Inc. License #01439068 Listed on: 01/22/2017

Last Renter's Agent

Marcus Miceli

Initiate Realty, Inc. License #01439068 Listed on: 01/22/2017

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1955

Lot Details

  • 3,485

Home Design

  • Bungalow

Interior Spaces

  • 775 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Wood Flooring
  • Courtyard Views

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Freezer
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in Garage
  • Dryer

Parking

  • 1 Covered Space
  • Converted Garage

Utilities

  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Security Deposit $3,900
  • Tenant pays for cable TV, electricity, gas, interior maint
  • 12 Month Lease Term
  • Assessor Parcel Number 4241-013-027

Community Details

Pet Policy

  • Call for details about the types of pets allowed

Additional Features

  • Sundeck
  • Rent Control

Condo Details

Home Type

Condominium

Year Built

Built in 1955

Lot Details

0

Rental Info

  • Cashiers Check: 1st Month Rent
  • Land Lease Type: Fee
  • Rent Control: Yes
  • Security Deposit: 3900
  • Tenant Pays: Cable TV, Electricity, Gas, Interior Maint

Listing Details

  • Property Type: Residential Lease
  • Style: Bungalow
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 775
  • Stories: 1
  • Year Built: 1955
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Garage
  • Total Bathrooms: 1.00
  • Equipment: Dryer, Freezer, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator
  • Price Per S Q F T: 4.77

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Courtyard
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Converted Garage
  • Total Parking: 1

Utilities

  • Heating: Wall Gas

Association/Amenities

  • Amenities: Sun Deck
  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4241-013-027
  • Geocode Override: No
  • Lot Size Area: 3875

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2022
Sold by
Gargiulo and Cynthia
Bought by
Rudy And Cynthia Gargiulo Living Trust
Current Estimated Value
$1,959,931

Purchase Details

Closed on
Jan 28, 2022
Sold by
Shafer Family Trust
Bought by
Gargiulo Rudy and Gargiulo Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,243,050
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2014
Sold by
Shafer Anthony D and Shafer Lisa K
Bought by
Shafer Family Trust

Purchase Details

Closed on
Feb 27, 2008
Sold by
Zajfen Julian and Zajfen Del Deo
Bought by
Shafer Anthony D and Shafer Lisa K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 2005
Sold by
Wiltsey Joan E and Heiden Morris G
Bought by
Zajfen Julian and Zajfen Del Deo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$839,200
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 26, 2005
Sold by
Wiltsey Joan E and The Declaration Of Trust By Wa
Bought by
Wiltsey Joan E and Heiden Morris G
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
Rudy And Cynthia Gargiulo Living Trust -- None Listed On Document
Gargiulo Rudy $1,650,000 First American Title Company O
Shafer Family Trust -- None Available
Shafer Anthony D $1,150,000 Southland Title Company
Zajfen Julian $1,049,000 Fidelity Van Nuys
Wiltsey Joan E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gargiulo Rudy $1,243,050
Previous Owner Shafer Anthony D $700,000
Previous Owner Zajfen Julian $839,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2017 03/21/17 Rented $3,600 -2.7% --
03/02/2017 03/02/17 Price Changed $3,700 -5.1% $5 / Sq Ft
01/22/2017 01/22/17 For Rent $3,900 -- --
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 $20,821 $1,750,993 $1,591,812 $159,181
2024 $20,821 $1,716,660 $1,560,600 $156,060
2023 $20,416 $1,683,000 $1,530,000 $153,000
2022 $16,820 $1,423,411 $1,120,167 $303,244
2021 $16,615 $1,395,502 $1,098,203 $297,299
2019 $16,114 $1,354,113 $1,065,631 $288,482
2018 $16,040 $1,327,563 $1,044,737 $282,826
2016 $15,346 $1,276,014 $1,004,169 $271,845
2015 $15,120 $1,256,848 $989,086 $267,762
2014 $15,172 $1,232,229 $969,712 $262,517
Source: Public Records

Agents Affiliated with this Home

  • M

    Landlord's Agent in 2017

    Marcus Miceli

    Initiate Realty, Inc.

    (310) 741-8342

    1 in this area

    33 Total Sales

    Marcus Miceli
    Section Image
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Map

Source: The MLS

MLS Number: 17-195640

The MLS

APN: 4241-013-027

California Los Angeles County Venice 90291 Venice

1630 Electric Ave Unit A, Venice, CA

Not Listed for Sale

Condos

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