NOT LISTED FOR SALE

2222 Louella Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $3,411,921 - $4,310,000

5 Beds
4 Baths
3,636 Sq Ft
$1,075/Sq Ft Est. Value

Last Sold December 10, 2020

Last sale price $3,000,000 $825 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $24,483/month

44 Days on Market

Highlights

  • New Construction
  • Primary Bedroom Suite
  • Wood Flooring
  • Venice High School Rated A
  • Double Shower
  • Main Floor Bedroom

About This Home

As of December 2020

Best price new construction in East Venice! Do not miss it!! Brand new Courtyard modern, Great location in Venice. Completely gated and hedged for privacy. Painstakingly constructed with the finest materials and utmost attention to detail. Featuring built-ins and custom cabinetry, Wolf and SubZero appliances, spectacular light fixtures and walls of glass opening to a private courtyard patio full of green plants and landscaping. . Outdoor seating and eating areas and built in BBQ, you will feel like you are on vacation 365 days a year. 5 bedrooms and 4 baths, two laundry areas. Master suite with large windows and tons of natural light, private balcony and large walk-in closet with custom built in cabinetry. Bathrooms feature high end stone and finishes. Spend an evening relaxing on your roof deck overlooking the mountains and Century City, 8 Camera DVR security system, Hardwired Alarm, Controlled access gate with keypad, Wired for sound, internet, phone, and Control 4 ready.

Last Agent to Sell the Property

Robert Silverman

Magno Realty Group License #01806438 Listed on: 09/15/2020

Last Buyer's Agent

Brian Maser

The Condo Experts License #01340306

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,605

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 5,847 Sq Ft Lot
  • Lot Dimensions are 45x130
  • West Facing Home
  • Gated Home
  • Cross Fenced
  • Wood Fence
  • Drip System Landscaping
  • Sprinklers Throughout Yard
  • Property is zoned LAR1

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Modern Architecture
  • Turnkey
  • Flat Roof Shape
  • Slab Foundation
  • Fire Rated Drywall
  • Steel Siding
  • Stucco

Interior Spaces

  • 3,636 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • High Ceiling
  • Gas Fireplace
  • Double Pane Windows
  • Bay Window
  • Sliding Doors
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Courtyard Views

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Microwave
  • Freezer
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Powder Room
  • 4 Full Bathrooms
  • Low Flow Toliet
  • Bathtub with Shower
  • Double Shower
  • Low Flow Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry on upper level
  • Washer

Home Security

  • Security System Owned
  • Security Lights
  • Intercom
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Balcony
  • Open Patio
  • Outdoor Grill

Location

  • Ground Level Unit

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • 220 Volts
  • Property is located within a water district
  • Tankless Water Heater
  • Phone System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Card or Code Access

Listing and Financial Details

  • Assessor Parcel Number 4242-026-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,605

Year Built

Built in 2020 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Levels: Ground Level
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Ground Level - no steps
  • Living Area: 3636
  • Lot Acreage: 0.1342
  • Lot Dimensions: 45x130
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: New Construction
  • Stories: 2
  • Year Built: 2020
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Interior Amenities: 220V Throughout, Built-Ins, Turnkey, Phone System, High Ceilings (9 Feet+)
  • Number Of Remote Controls: 2
  • Fireplace Rooms: Gas, Living Room
  • Flooring: Ceramic Tile, Hardwood
  • Appliances: Built-In Gas, Built-Ins, Cooktop - Gas, Double Oven, Microwave
  • Bedrooms: 5
  • Fireplaces: 1
  • Full Bathroom: 4
  • Half Bathroom: 0
  • Bedroom Features: Main Floor Bedroom, Master Suite
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Shower, Dual Entry (Jack & Jill) Bath, Linen Closet, Low Flow Shower(s), Low Flow Toilet(s), Powder Room, Shower and Tub, Shower Over Tub, Shower Stall, Tile
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Breakfast Counter / Bar, Formal Dining Rm, Kitchen Island
  • Kitchen Features: Island, Open to Family Room, Pantry, Stone Counters
  • Laundry: In Unit, On Upper Level
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Alarm System, Built-Ins, Dishwasher, Garbage Disposal, Freezer, Gas Dryer Hookup, Hood Fan, Ice Maker, Microwave, Intercom, Network Wire, Phone System, Water Line to Refrigerator, Washer, Vented Exhaust Fan, Refrigerator, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 823.71
  • Windows: Bay Window, Double Pane Windows

Exterior Features

  • Direction Faces: West
  • Construction: Steel Siding, Stucco
  • Other Features: Balcony, Barbecue Private, Energy Efficient, High Ceilings (9 Feet+), Sprinkler System, Sliding Glass Doors, Custom Built
  • Other Structures: None
  • Tennis Court Y/N: No
  • Foundation Details: Slab
  • Fence: Cross Fenced, Wood
  • Patio: Concrete Slab, Patio Open
  • Pool: No
  • Roof: Flat
  • Spa Yn: No
  • View: Courtyard
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Direct Entrance, Door Opener, Garage Is Attached, Garage - 2 Car
  • Total Parking: 2

Utilities

  • TV Svcs: Cable TV
  • Volt 220: 220V Throughout
  • Water District: LADWP
  • Water Heater: Tankless
  • Cooling: Central, Multi/Zone
  • Heating: Central, Forced Air
  • Security: Card/Code Access, Carbon Monoxide Detector(s), Exterior Security Lights, Fire and Smoke Detection System, Fire Rated Drywall, Fire Sprinklers, Gated, Owned, Prewired for alarm system, T.V., Smoke Detector
  • Sewer: In Connected and Paid
  • Water: District

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: Los Angeles Unified

Lot Info

  • Sprinklers: Sprinkler System, Sprinkler Timer, Front, Rear, Side, Drip System
  • Horses: No
  • Assessor Parcel Number: 4242-026-005
  • Lot Description: Fenced, Front Yard, Sidewalks, Yard
  • Lot Location: Alley Access
  • Lot Size Area: 5847

Rental Info

  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2020
Closed on
Nov 23, 2020
Sold by
Matthews Terri
Bought by
Whang Stone Michael
Seller's Agent
Robert Silverman
Magno Realty Group
Buyer's Agent
Brian Maser
The Condo Experts
List Price
$3,195,888
Sold Price
$3,000,000
Premium/Discount to List
-$195,888
-6.13%
Current Estimated Value
$3,910,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$910,480
Avg. Annual Appreciation
5.79%
Original Mortgage
$1,950,000
Outstanding Balance
$1,745,237
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$2,165,243

Purchase Details

Listed on
Sep 15, 2020
Closed on
Nov 17, 2020
Sold by
Focus Line Llc
Bought by
Whang Bryan and Whang Stone Michael
Seller's Agent
Robert Silverman
Magno Realty Group
Buyer's Agent
Brian Maser
The Condo Experts
List Price
$3,195,888
Sold Price
$3,000,000
Premium/Discount to List
-$195,888
-6.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,950,000
Outstanding Balance
$1,745,237
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$2,165,243

Purchase Details

Listed on
Jun 17, 2017
Closed on
Jul 3, 2017
Sold by
Klima Paul
Bought by
Focus Line Llc
Seller's Agent
Janet Jung
Estate Properties
Buyer's Agent
Robert Silverman
Magno Realty Group
List Price
$1,479,000
Sold Price
$1,500,000
Premium/Discount to List
$21,000
1.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.37%
Original Mortgage
$498,000
Interest Rate
3.96%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 3, 2013
Sold by
Klima Margaret T
Bought by
Klima Margaret T and Margaret T Klima Trust
Source: Public Records

Range of Values:

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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
Whang Stone Michael -- Provident Title Company
Whang Bryan -- Provident Title Company
Whang Bryan $3,000,000 Provident Title Company
Focus Line Llc $1,500,000 Provident Title
Klima Margaret T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whang Bryan $1,950,000
Previous Owner Focus Line Llc $2,210,000
Previous Owner Focus Line Llc $498,000
Previous Owner Focus Line Llc $1,990,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2020 12/10/20 Sold $3,000,000 +0.2% $825 / Sq Ft
10/29/2020 10/29/20 Pending -- -- --
10/18/2020 10/18/20 Price Changed $2,995,000 -6.3% $824 / Sq Ft
09/15/2020 09/15/20 For Sale $3,195,888 +113.1% $879 / Sq Ft
08/24/2017 08/24/17 Sold $1,500,000 +1.4% $1,131 / Sq Ft
06/17/2017 06/17/17 For Sale $1,479,000 -- $1,115 / 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 $38,605 $3,247,296 $2,164,864 $1,082,432
2024 $38,605 $3,183,624 $2,122,416 $1,061,208
2023 $37,850 $3,121,200 $2,080,800 $1,040,400
2022 $36,077 $3,060,000 $2,040,000 $1,020,000
2021 $35,641 $3,000,000 $2,000,000 $1,000,000
2020 $28,190 $2,329,076 $1,560,600 $768,476
2019 $22,007 $1,530,000 $1,224,000 $306,000
2018 $18,113 $1,500,000 $1,200,000 $300,000
2016 $734 $55,035 $46,573 $8,462
2015 $724 $54,209 $45,874 $8,335
2014 $737 $53,148 $44,976 $8,172
Source: Public Records

Agents Affiliated with this Home

  • Robert Silverman

    Seller's Agent in 2020

    Robert Silverman

    Magno Realty Group

    (310) 571-5081

    2 in this area

    26 Total Sales

    Robert Silverman
    Section Image
  • Brian Maser

    Buyer's Agent in 2020

    Brian Maser

    The Condo Experts

    (310) 460-7917

    8 in this area

    139 Total Sales

    Brian Maser
    Section Image
  • Janet Jung

    Seller's Agent in 2017

    Janet Jung

    Estate Properties

    (310) 720-4165

    7 in this area

    21 Total Sales

    Janet Jung
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 20-633354

The MLS

APN: 4242-026-005

California Los Angeles County Venice 90291 Venice

2222 Louella Ave, Venice, CA

This home is located at 2222 Louella Ave, Venice, CA 90291 since 15 September 2020 and is currently estimated at $3,910,480, approximately $1,075 per square foot. This property was built in 2020. 2222 Louella Ave is a home located in Los Angeles County with nearby schools including Beethoven Street Elementary School, Mark Twain Middle School, and Venice High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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