NOT LISTED FOR SALE

2001 Glencoe Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $4,504,000 - $5,262,000

7 Beds
6.5 Baths
4,650 Sq Ft
$1,055/Sq Ft Est. Value

Last Sold April 05, 2023

Last sale price $4,445,000 $956 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $30,426/month

91 Days on Market

Highlights

  • Detached Guest House
  • In Ground Pool
  • Wood Flooring
  • Venice High School Rated A
  • Fireplace in Primary Bedroom
  • Modern Architecture

About This Home

As of April 2023

Enjoy the ultimate in Venice living in this brand-new construction modern home that also features a detached single-family-sized ADU! Exceptionally designed with every detail in mind, you will find stunning finishes and custom fixtures throughout. Immediately upon entry, you are welcomed by the striking indoor-outdoor living space flooded with natural light. Additionally, the main floor features a gourmet kitchen and breakfast area w/ walk-in pantry, living room w/ private patio, dining room, 2 en-suite bedrooms and an expansive family room that opens out to your resort-like pool. Upstairs you will find 4 en-suite bedrooms, including the master suite with a walk-in closet, a fireplace, and a balcony along with a workspace and access to your sunlit rooftop deck. The deck was built to impress with its ample entertaining area and showstopping views. We aren't done yet, the 850 SQ FT ADU features a full kitchen, 2 bedrooms, 2 bathrooms and its very own rooftop deck. Use it seamlessly along with your home or create an additional revenue stream by leasing it out, as it is completely privatized. The Venice compound of your dreams awaits!

Last Agent to Sell the Property

Jacqueline Chernov

The Beverly Hills Estates License #01361435 Listed on: 12/08/2022

The Beverly Hills Estates

Co-Listed By

Ron Wynn

Compass License #00420587

Last Buyer's Agent

Jackie Smith

Compass License #01889096

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2022

Lot Details

  • 7,164 Sq Ft Lot
  • Lot Dimensions are 55x130
  • Property is zoned LAR1

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Modern Architecture

Interior Spaces

  • 4,650 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring
  • Alarm System
  • Laundry Room

Kitchen

  • Oven or Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom

Pool

  • In Ground Pool
  • In Ground Spa

Additional Features

  • Detached Guest House
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4242-016-001

Home Details

Home Type

Single Family

Year Built

Built in 2022

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Street Number Display: Yes
  • Living Area: 4650
  • Lot Acreage: 0.1645
  • Lot Dimensions: 55x130
  • Stories: 2
  • Year Built: 2022
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Wood
  • Bedrooms: 7
  • Full Bathroom: 6
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside
  • Total Bathrooms: 7.00
  • Equipment: Alarm System, Built-Ins, Microwave, Range/Oven, Garbage Disposal
  • Price Per S Q F T: 978.49

Exterior Features

  • Other Structures: Accessory Dwelling Unit
  • Guest House: Detached
  • Pool Description: In Ground
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Driveway
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4242-016-001
  • Lot Size Area: 7164

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2022
Closed on
Mar 22, 2023
Sold by
Glencoe Purchaser Llc
Bought by
2001 Glencoe Avenue Llc
Seller's Agent
Jacqueline Chernov
The Beverly Hills Estates
Buyer's Agent
Jackie Smith
Compass
List Price
$4,695,000
Sold Price
$4,445,000
Premium/Discount to List
-$250,000
-5.32%
Views
200
Current Estimated Value
$4,906,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$461,963
Avg. Annual Appreciation
3.58%
Original Mortgage
$4,445,000
Outstanding Balance
$4,306,146
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$600,817

Purchase Details

Listed on
Dec 8, 2022
Closed on
Mar 13, 2023
Sold by
Glencoe Investments Llc
Bought by
Glencoe Purchaser Llc
Seller's Agent
Jacqueline Chernov
The Beverly Hills Estates
Buyer's Agent
Jackie Smith
Compass
List Price
$4,695,000
Sold Price
$4,445,000
Premium/Discount to List
-$250,000
-5.32%
Views
200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,445,000
Outstanding Balance
$4,306,146
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$600,817

Purchase Details

Listed on
Jul 16, 2020
Closed on
Aug 3, 2020
Sold by
Okun Nathan and The Nathan Okun Living Trust
Bought by
Glencoe Investments Llc
Seller's Agent
Ron Wynn
Compass
Buyer's Agent
Jacqueline Chernov
The Beverly Hills Estates
List Price
$1,995,000
Sold Price
$2,175,000
Premium/Discount to List
$180,000
9.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.78%
Original Mortgage
$1,500,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
May 28, 2003
Sold by
Okun Craig Stephen
Bought by
Okun Craig S and The Okun Family Living Trust

Purchase Details

Closed on
Feb 5, 2001
Sold by
Okun Nathan Farrell
Bought by
Okun Nathan and The Nathan Okun Living Trust

Purchase Details

Closed on
Jul 30, 1999
Sold by
Okun Maxine M Tr Maxine M Okun Trust
Bought by
Okun Craig Stephen and Okun Nathan Farrell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
7.47%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
2001 Glencoe Avenue Llc $4,445,000 Orange Coast Title Company
Glencoe Purchaser Llc $4,445,000 Orange Coast Title Company
Glencoe Investments Llc $2,175,000 Lawyers Title
Okun Craig S -- --
Okun Nathan -- --
Okun Craig Stephen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2001 Glencoe Avenue Llc $4,445,000
Previous Owner Glencoe Investments Llc $1,500,000
Previous Owner Okun Craig Stephen $185,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/05/2023 04/05/23 Sold $4,445,000 -2.3% $956 / Sq Ft
03/09/2023 03/09/23 Pending -- -- --
01/12/2023 01/12/23 Price Changed $4,550,000 -3.1% $978 / Sq Ft
12/08/2022 12/08/22 For Sale $4,695,000 +115.9% $1,010 / Sq Ft
08/31/2020 08/31/20 Sold $2,175,000 +9.0% $2,979 / Sq Ft View Prior Sale
07/30/2020 07/30/20 Pending -- -- --
07/16/2020 07/16/20 For Sale $1,995,000 -- $2,733 / 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 $59,349 $4,624,578 $2,496,960 $2,127,618
2024 $59,349 $4,533,900 $2,448,000 $2,085,900
2023 $27,389 $2,262,870 $2,210,850 $52,020
2022 $26,106 $2,218,500 $2,167,500 $51,000
2021 $25,801 $2,175,000 $2,125,000 $50,000
2020 $913 $56,212 $53,327 $2,885
2019 $886 $55,111 $52,282 $2,829
2018 $851 $54,031 $51,257 $2,774
2016 $760 $51,934 $49,267 $2,667
2015 $750 $51,154 $48,527 $2,627
2014 $766 $50,153 $47,577 $2,576
Source: Public Records

Agents Affiliated with this Home

  • Jacqueline Chernov

    Seller's Agent in 2023

    Jacqueline Chernov

    The Beverly Hills Estates

    (310) 403-7557

    6 in this area

    104 Total Sales

    Jacqueline Chernov
    Section Image

  • R

    Seller Co-Listing Agent in 2023

    Ron Wynn

    Compass

    (310) 395-7090

    3 in this area

    188 Total Sales

    Ron Wynn
    Section Image
  • Jackie Smith

    Buyer's Agent in 2023

    Jackie Smith

    Compass

    (213) 494-7736

    2 in this area

    66 Total Sales

    Jackie Smith
    Section Image

  • G

    Buyer Co-Listing Agent in 2023

    Glenn McCuen

    Compass

    (818) 850-9100

    2 in this area

    12 Total Sales

    Glenn McCuen
    Section Image
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Map

Source: The MLS

MLS Number: 22-223891

The MLS

APN: 4242-016-001

California Los Angeles County Venice 90068 Venice

2001 Glencoe Ave, Venice, CA

Not Listed for Sale

Detached

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