RENTED MAR 11, 2025

Estimated Value: $1,377,000 - $1,827,449

1 Bed
1 Bath
800 Sq Ft
4,177 Sq Ft Lot

Highlights

  • Unit is on the top floor
  • Skyline View
  • Wood Flooring
  • Venice High School Rated A
  • Colonial Architecture
  • Rear Porch

About This Home

As of March 2025

Discover a truly special Venice hideaway! Perched atop a hill with sweeping views of LA, this downstairs unit in a beautifully restored 1940s duplex exudes vintage charm while offering modern comforts. The renovated farmhouse-style kitchen and bathroom blend timeless style with convenience, complemented by abundant cabinetry, stainless steel appliances, and in-unit laundry. The spacious bedroom boasts bay windows, a unique porthole, and a mirrored closet; while the hall features amble storage cabinetry, drawers, and a coat closet. Enjoy the luxury of fantastic outdoor spaces perfect for relaxing or entertaining. This home offers 1 car parking in the shared garage, as well as ample street parking out front. Unbeatable location just moments from Rose Avenue, Whole Foods, the iconic Gold's Gym Venice, tech hot-spots, and all the best of Silicon Beach! *Virtually staged, no furniture included

Last Agent to Rent the Property

Madsun Riley

Madsun Properties License #02153438 Listed on: 02/20/2025

Last Renter's Agent

Madsun Riley

Madsun Properties License #02153438 Listed on: 02/20/2025

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1940

Lot Details

  • 4,177

Parking

  • 1 Car Garage

Property Views

  • Skyline
  • Trees

Home Design

  • Colonial Architecture
  • Entry on the 1st floor

Interior Spaces

  • 800 Sq Ft Home
  • 2-Story Property
  • Dining Area
  • Wood Flooring

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Open Patio
  • Rear Porch

Additional Features

  • Gated Home
  • Unit is on the top floor
  • Floor Furnace

Listing and Financial Details

  • Security Deposit $4,600
  • Tenant pays for trash collection, water, electricity, gas
  • 12 Month Lease Term
  • Assessor Parcel Number 4240-007-017

Community Details

Overview

  • 2 Units

Pet Policy

  • Call for details about the types of pets allowed

Condo Details

Home Type

Condominium

Year Built

Built in 1940

Lot Details

0

Parking

1

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Security Deposit: 4600
  • Tenant Pays: Trash Collection, Water, Electricity, Gas

Listing Details

  • Property Type: Residential Lease
  • Style: Spanish Colonial
  • Single Family Or Apt: Condo/Apt
  • Levels: Top Level
  • Street Number Display: Yes
  • Entry Floor: 1
  • Lease Terms: 1+Year
  • Living Area: 800
  • Lot Acreage: 0.0959
  • Stories: 2
  • Water Filled Furn Ins Required: Yes
  • Year Built: 1940
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit
  • Total Bathrooms: 1.00
  • Equipment: Refrigerator, Range/Oven, Washer, Dryer, Dishwasher
  • Price Per S Q F T: 5.75

Exterior Features

  • Patio: Patio Open, Porch - Rear
  • Pool: No
  • View: City, Tree Top, Skyline
  • View: Yes

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Garage
  • Total Parking: 1

Utilities

  • Heating: Floor
  • Security: Gated

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4240-007-017
  • Lot Size Area: 4176

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2022
Sold by
Magar Veronica B
Bought by
Vbm Re Investments Llc
Current Estimated Value
$1,661,362

Purchase Details

Closed on
Aug 1, 2013
Sold by
Magar Veronica B
Bought by
Magar Veronica B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2010
Sold by
Magar Veronica B
Bought by
Magar Veronica B and Magar Helga B

Purchase Details

Closed on
Jul 19, 2008
Sold by
Magar Helga B
Bought by
Magar Veronica B

Purchase Details

Closed on
Jul 15, 2003
Sold by
Magar Helga B
Bought by
Magar Helga B and Helga B Magar Trust

Purchase Details

Closed on
Apr 24, 2003
Sold by
Magar Helga B
Bought by
Magar Helga B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 1998
Sold by
The Magar Family Trust Of 1991
Bought by
Magar Helga B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.99%

Purchase Details

Closed on
Feb 24, 1998
Sold by
Magar Veronica
Bought by
Magar Helga B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.99%

Purchase Details

Closed on
Jan 27, 1994
Sold by
Magar Veronica
Bought by
Magar Veronica and Magar Helga B
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
Vbm Re Investments Llc -- First American Title Company O
Vbm Re Investments Llc -- First American Title Company O
Magar Veronica B -- Ticor Title Company Of Ca
Magar Veronica B -- None Available
Magar Veronica B -- None Available
Magar Helga B -- --
Magar Helga B -- Chicago Title Co
Magar Helga B -- Equity Title
Magar Helga B -- Equity Title
Magar Veronica -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Magar Veronica B $300,000
Previous Owner Magar Helga B $140,000
Previous Owner Magar Helga B $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2025 03/11/25 Rented $4,600 0.0% --
03/11/2025 03/11/25 Under Contract -- -- --
02/20/2025 02/20/25 For Rent $4,600 -- --
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 $4,779 $382,780 $229,673 $153,107
2024 $4,779 $375,275 $225,170 $150,105
2023 $19,855 $1,632,000 $1,428,000 $204,000
2022 $4,484 $360,704 $216,427 $144,277
2021 $4,422 $353,633 $212,184 $141,449
2019 $4,293 $343,146 $205,892 $137,254
2018 $4,229 $336,418 $201,855 $134,563
2016 $4,037 $323,357 $194,018 $129,339
2015 $3,980 $318,501 $191,104 $127,397
2014 $4,006 $733,522 $570,116 $163,406
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25500735

The MLS

APN: 4240-007-017