NOT LISTED FOR SALE

224 4th Ave Los Angeles, CA 90291

Venice Neighborhood

Estimated Value: $1,296,000 - $1,765,000

1 Bed
1 Bath
700 Sq Ft
3,920 Sq Ft Lot

Highlights

  • City View
  • Midcentury Modern Architecture
  • Bay Window
  • Venice High School Rated A
  • Wood Flooring
  • Built-In Features

About This Home

As of February 2020

A very special Venice gem! This private enclave is perched high on a hill affording wonderful views of LA. A classic 1940's duplex, this ground floor unit has been lovingly restored & features tons of vintage features incl. original hardwood floors throughout, classic underfloor heating vents, built-ins and Rose Windows giving this special unit endless character & charm. Upgrades include a new kitchen remodel w/ Dishwasher, Range, abundant cabinets & a dedicated laundry area. The bathroom has also been recently updated & features a luxurious, large shower stall. Other features include a large bedroom with bay windows and another porthole window, a dining area with views overlooking the city & additional hallway linen closets. But that's not all. This unit also comes with it's own private backyard complete w/ outdoor dining furniture. Last but not least, there is private off-street garage parking at the rear of the property. A stones throw from trendy Rose Avenue.

Last Agent to Rent the Property

Luke Jones

Keller Williams Silicon Beach License #01882516 Listed on: 01/23/2020

Keller Williams Silicon Beach

Last Renter's Agent

Luke Jones

Keller Williams Silicon Beach License #01882516 Listed on: 01/23/2020

Keller Williams Silicon Beach

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,779

Year Built

  • Built in 1940

Lot Details

  • 3,920

Parking

  • 1 Car Garage

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 700 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Bay Window
  • Living Room
  • Dining Area
  • Wood Flooring
  • City Views
  • Laundry Room

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Floor Furnace
  • Cable TV Available

Community Details

  • Pets Allowed

Listing and Financial Details

  • Security Deposit $3,795
  • Tenant pays for cable TV, gas
  • 12 Month Lease Term
  • Assessor Parcel Number 4240-007-017

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,779

Year Built

Built in 1940

Lot Details

0

Rental Info

  • Lease Option: 1
  • Security Deposit: 3795
  • Tenant Pays: Cable TV, Gas

Listing Details

  • Property Type: Residential Lease
  • Style: Mid-Century
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 700
  • Stories: 2
  • 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
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit, Laundry Area
  • Total Bathrooms: 1.00
  • Equipment: Built-Ins, Cable, Ceiling Fan, Dishwasher, Freezer, Hood Fan, Range/Oven, Refrigerator
  • Price Per S Q F T: 5.42
  • Windows: Bay Window

Exterior Features

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

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Garage - 1 Car
  • Total Parking: 1

Utilities

  • Heating: Floor Furnace

Association/Amenities

  • Pet Rules: Yes

Lot Info

  • Assessor Parcel Number: 4240-007-017
  • Geocode Override: No
  • Lot Size Area: 4176

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
$1,556,942

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:

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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
02/14/2020 02/14/20 Rented $3,795 0.0% --
02/05/2020 02/05/20 Price Changed $3,795 -5.0% $5 / Sq Ft
01/23/2020 01/23/20 For Rent $3,995 -- --
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

  • L

    Landlord's Agent in 2020

    Luke Jones

    Keller Williams Silicon Beach

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Map

Source: The MLS

MLS Number: 20-546916

The MLS

APN: 4240-007-017

California Los Angeles County Los Angeles 90291 Venice

224 4th Ave, Los Angeles, CA

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