NOT LISTED FOR SALE

2318 Frey Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,663,740 - $2,067,000

3 Beds
2 Baths
1,135 Sq Ft
$1,600/Sq Ft Est. Value

Last Sold August 22, 2012

Last sale price $938,500 $827 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $10,644/month

Highlights

  • Gourmet Kitchen
  • Traditional Architecture
  • Quartz Countertops
  • Coeur D'Alene Avenue Elementary School Rated A-
  • Engineered Wood Flooring
  • 5-minute walk to Triangle Park

About This Home

As of June 2023

Completely renovated with high-end fixtures and modern amenities, this exquisite single-family home is situated in the coveted Silver Triangle Area of Venice Beach. While retaining its charming original beach bungalow exterior, the interior showcases an ultra-modern design. Nestled just steps away from the historic Venice Canals, this residence boasts 3 bedrooms and 2 bathrooms, Dining Area, Bamboo wood floors, recessed lights, and skylights. The remodeled kitchen, a haven for any culinary enthusiast, features top-of-the-line Wolf and Sub-Zero appliances, sleek stainless steel finishes, Ceasarstone countertops, a glass tile backsplash, and ample cabinetry. Additionally, the home is equipped with a tankless water heater, Central Heat and A/C, and a washer and dryer for added convenience. The private zen-like backyard offers a serene retreat, complete with a barbecue area and lush greenery. Comfortable seating arrangements provide the perfect setting for relaxation and al fresco dining. Conveniently located within a short stroll of Abbott Kinney Blvd, residents can easily explore the trendy shops and renowned restaurants in the area. In the opposite direction, the world-famous Venice Beach Canals and Boardwalk await, home to the iconic Muscle Beach. With its close proximity to LAX, this home also offers effortless access to travel, while Marina del Rey lies just south of Washington Blvd. Just a couple blocks to Venice Farmers Market, Venice Library, bike path, and beach. Coeur d'Alene Grammar School. Available for occupancy July 15th. Dog OK, no cat.

Last Agent to Rent the Property

Terry Ballentine

Estate Properties License #00588883 Listed on: 06/19/2023

Estate Properties

Last Renter's Agent

Terry Ballentine

Estate Properties License #00588883 Listed on: 06/19/2023

Estate Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956 | Remodeled

Lot Details

  • 3,606 Sq Ft Lot
  • Lot Dimensions are 40x90
  • West Facing Home
  • Sprinklers on Timer
  • Property is zoned LAR1

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,135 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Blinds
  • Living Room
  • Dining Area
  • Pull Down Stairs to Attic

Kitchen

  • Gourmet Kitchen
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Bamboo

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Prewired Security
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Stone Porch or Patio

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Tankless Water Heater
  • Gas Water Heater
  • Sewer in Street

Listing and Financial Details

  • Security Deposit $13,990
  • $20,985 Move-In Fee
  • Tenant pays for electricity, gas, insurance, trash collection, water
  • Rent includes gardener
  • 1-Month Minimum Lease Term
  • 12 Month Lease Term
  • Assessor Parcel Number 4228-007-002

Home Details

Home Type

Single Family

Year Built

Built in 1956 | Remodeled

Lot Details

0

Parking

1

Rental Info

  • Credit Report Amount: 35.00
  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Pet Deposit: 500.00
  • Lease Length: 1
  • Rent Control: No
  • Rent Includes: Gardener
  • Security Deposit: 13990
  • Tenant Pays: Electricity, Gas, Insurance, Trash Collection, Water
  • Total Move In Costs: 20985.00

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Single Family Or Apt: Single Family
  • Levels: One
  • Street Number Display: Yes
  • Advertising Remarks: Renovated to perfection, this 3 BR, 2Ba Silver Triangle home in Venice Beach combines a classic beach bungalow exterior with a modern interior. Boasting 3 bedrooms and 2 bathrooms, it is conveniently located near the historic Venice Canals. The remodeled kitchen is a chef's dream, featuring top-of-the-line Wolf and Sub-Zero appliances, sleek stainless steel finishes, Ceasarstone countertops, and a stylish glass tile backsplash. Also Bamboo floors, Dining Room. Enjoy the convenience of a tankless water heater and in-unit washer and dryer. Step into the private backyard oasis, complete with a BBQ area and lush greenery, offering a serene space for relaxation and dining. Within walking distance, you'll find the trendy shops and restaurants of Abbott Kinney, as well as the historic Venice Canals, Venice Beach Boardwalk, Library, Farmers Market and bike path. Dog OK, No Cat. Avail. July 15th
  • Entry Location: Ground Level w/steps
  • Lease Terms: 1+Year
  • Living Area: 1135
  • Lot Acreage: 0.0828
  • Lot Dimensions: 40x90
  • Monthto Month: No
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1956
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Laundry - Closet Stacked, Pull Down Stairs to Attic, Recessed Lighting
  • Flooring: Engineered Hardwood, Bamboo
  • Appliances: Oven-Gas, Cooktop - Gas, Microwave
  • Bedrooms: 3
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Remodeled
  • Three Quarter Bathrooms: 1
  • Eating Areas: Dining Area
  • Kitchen Features: Remodeled, Quartz Counters, Island, Gourmet Kitchen
  • Laundry: Laundry Closet Stacked
  • Total Bathrooms: 2.00
  • Equipment: Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Microwave, Refrigerator, Washer, Range/Oven
  • Price Per S Q F T: 6.16
  • Windows: Window Blinds, Double Pane Windows

Exterior Features

  • Direction Faces: West
  • Patio: Rock/Stone, Patio Open
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 1
  • Other Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Attached, Garage - 1 Car, Garage Is Attached, Driveway
  • Total Parking: 2

Utilities

  • Water District: LADWP
  • Water Heater: Tankless, Gas
  • Cooling: Air Conditioning, Central
  • Heating: Central, Natural Gas
  • Security: Carbon Monoxide Detector(s), Prewired for alarm system, Smoke Detector
  • Sewer: In Street Paid
  • Water: District

Association/Amenities

  • Pet Rules: Yes

Lot Info

  • Special Zoning: Flood, Coastal Commission
  • Sprinklers: Sprinkler System, Sprinkler Timer
  • Assessor Parcel Number: 4228-007-002
  • Lot Description: Single Lot
  • Lot Location: Alley Access
  • Lot Size Area: 3606

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2017
Sold by
Galla
Bought by
Galla
Current Estimated Value
$1,816,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.3%

Purchase Details

Listed on
Jun 28, 2012
Closed on
Jul 25, 2012
Sold by
Cereseto Michael
Bought by
Gallagher Kevin Moss and Gallagher Margitha Stockel
Seller's Agent
Tina Hale
Estate Properties
Buyer's Agent
Rhonda Devictor
Keller Williams Beverly Hills
List Price
$938,500
Sold Price
$938,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.06%
Original Mortgage
$397,000
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2005
Sold by
Seltzer Jonathan
Bought by
Cereseto Michael and Aman Kalley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 2004
Sold by
Tick Amy Seltzer
Bought by
Seltzer Jonathan

Purchase Details

Closed on
Oct 10, 2002
Sold by
Seltzer Shirley
Bought by
Seltzer Shirley and The Shirley Seltzer Trust

Purchase Details

Closed on
Mar 4, 1998
Sold by
Mazloum Mahmoud A
Bought by
Seltzer Shirley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,150
Interest Rate
7.07%

Purchase Details

Closed on
May 23, 1997
Sold by
Mazloum Regina Campos
Bought by
Mazloum Mahmoud A

Purchase Details

Closed on
Jan 30, 1997
Sold by
Mazloum Mahmoud A
Bought by
Mazloum Mahmoud A
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
Galla -- --
Gallagher Kevin Moss $938,500 Equity Title Los Angeles
Cereseto Michael -- First American Title Co
Seltzer Jonathan -- --
Seltzer Shirley -- --
Seltzer Shirley $305,000 First Southwestern Title Co
Mazloum Mahmoud A -- --
Mazloum Mahmoud A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Galla --
Previous Owner Gallagher Kevin Moss $397,000
Previous Owner Cereseto Michael $712,000
Previous Owner Seltzer Shirley $227,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/27/2023 06/27/23 Rented $7,000 +0.1% --
06/25/2023 06/25/23 Under Contract -- -- --
06/19/2023 06/19/23 For Rent $6,995 +7.6% --
06/28/2021 06/28/21 Rented $6,500 0.0% --
05/20/2021 05/20/21 Price Changed $6,500 -13.3% $6 / Sq Ft
05/02/2021 05/02/21 For Rent $7,500 +20.0% --
05/08/2020 05/08/20 Rented $6,250 -5.2% --
04/17/2020 04/17/20 Price Changed $6,595 -4.4% $6 / Sq Ft
03/19/2020 03/19/20 For Rent $6,900 -18.8% --
03/08/2019 03/08/19 Rented $8,500 0.0% --
02/28/2019 02/28/19 For Rent $8,500 -2.9% --
01/19/2018 01/19/18 Rented $8,750 -2.8% --
01/09/2018 01/09/18 For Rent $9,000 0.0% --
08/22/2012 08/22/12 Sold $938,500 0.0% $827 / Sq Ft View Prior Sale
08/02/2012 08/02/12 For Sale $938,500 0.0% $827 / Sq Ft
07/24/2012 07/24/12 Pending -- -- --
06/28/2012 06/28/12 For Sale $938,500 -- $827 / 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 $13,761 $1,155,687 $924,552 $231,135
2024 $13,761 $1,133,027 $906,424 $226,603
2023 $13,495 $1,110,811 $888,651 $222,160
2022 $12,864 $1,089,031 $871,227 $217,804
2021 $12,707 $1,067,679 $854,145 $213,534
2019 $12,323 $1,036,012 $828,811 $207,201
2018 $12,274 $1,015,699 $812,560 $203,139
2016 $11,745 $976,259 $781,008 $195,251
2015 $11,571 $961,596 $769,277 $192,319
2014 $11,610 $942,760 $754,208 $188,552
Source: Public Records

Agents Affiliated with this Home

  • Terry Ballentine

    Landlord's Agent in 2023

    Terry Ballentine

    Estate Properties

    (310) 351-9743

    5 in this area

    33 Total Sales

    Terry Ballentine
    Section Image
  • Debra Berman

    Seller's Agent in 2021

    Debra Berman

    Estate Properties

    (310) 625-2845

    5 in this area

    48 Total Sales

    Debra Berman
    Section Image
  • Patricia Kandel

    Seller Co-Listing Agent in 2021

    Patricia Kandel

    Estate Properties

    (310) 424-5512

    4 in this area

    43 Total Sales

    Patricia Kandel
    Section Image
  • Steve Sanders

    Buyer's Agent in 2021

    Steve Sanders

    Compass

    (323) 828-6471

    55 Total Sales

    Steve Sanders
    Section Image

  • A

    Buyer's Agent in 2020

    Anita Garren

    Berkshire Hathaway HomeServices California Properties

    (310) 452-5004

    Anita Garren
    Section Image
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Map

Source: The MLS

MLS Number: 23-282449

The MLS

APN: 4228-007-002

California Los Angeles County Venice 90291 Venice

2318 Frey Ave, Venice, CA

Not Listed for Sale

Detached

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