NOT LISTED FOR SALE

2328 Penmar Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,786,000 - $2,499,000

3 Beds
3 Baths
1,654 Sq Ft
$1,268/Sq Ft Est. Value

Last Sold October 21, 2014

Last sale price $1,400,000 $846 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $12,801/month

About This Home

As of October 2014

This is the one! Beautifully updated Venice Duplex. Zoned LARD2! Completely remodeled less than two years ago. Currently configured as a three bedroom front main residence, with a studio apartment rear house. Can easily be configured back to original two bedroom front, and one bedroom rear house. Large picture windows throughout provide sun filled open rooms and wonderful afternoon ocean breeze.
Sliding glass door leading from kitchen to a stunning outdoor patio. Newer Cabinets, Stainless Steel Appliances, and Caesarstone Counters. Hardwood Floors throughout, with Gas/Wood Fireplace.
Spacious gated private lot with long driveway in back. Lots of room for expansion!
Steps from Lincoln Blvd shops and restaurants, minutes to Whole Foods & Abbot Kinney!

Last Agent to Sell the Property

David Ivkovic

Keller Williams Realty-Studio City License #01892926 Listed on: 09/07/2014

Keller Williams Realty-Studio City

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,086

Year Built

  • Built in 1949

Lot Details

  • 6,203 Sq Ft Lot
  • 1 Common Wall

Parking

  • 4 Parking Spaces

Home Design

  • 1,654 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 9 / 1
  • Tax Tract Number 2737
  • Assessor Parcel Number 4242030009

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,086

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Property Type: Residential Income
  • Parcel Number: 4242030009
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 846.43

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 6203.00
  • Lot Size Acres: 0.1420

Multi Family

  • Lot Size Area: 6203.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Block: 1
  • Tax Lot: 9
  • Tax Tract Number: 2737
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2014
Closed on
Sep 22, 2014
Sold by
Schoenecker Shelley and Schoenecker Guy
Bought by
Berquist Fong Family Trust
Seller's Agent
David Ivkovic
Keller Williams Realty-Studio City
List Price
$1,325,000
Sold Price
$1,400,000
Premium/Discount to List
$75,000
5.66%
Current Estimated Value
$2,096,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$696,589
Avg. Annual Appreciation
3.75%

Purchase Details

Listed on
Jan 12, 2013
Closed on
Jan 24, 2013
Sold by
Thomas James Capital Inc
Bought by
Schoenecker Shelley and Schoenecker Guy
Seller's Agent
Jerry Jaffe
Compass
Buyer's Agent
David Ivkovic
List Price
$1,095,000
Sold Price
$1,250,000
Premium/Discount to List
$155,000
14.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.89%

Purchase Details

Closed on
Oct 29, 2012
Sold by
Waggoner James
Bought by
Thomas James Capital Inc

Purchase Details

Closed on
Jan 13, 2009
Sold by
4211 Development Group Llc
Bought by
Lindstrom John

Purchase Details

Closed on
Jul 8, 2008
Sold by
Waggoner James Robert
Bought by
4211 Development Group Llc

Purchase Details

Closed on
Oct 6, 2006
Sold by
Waggoner James
Bought by
Waggoner James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.28%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 15, 2004
Sold by
Zelisse Betty H
Bought by
Waggoner James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$489,300
Interest Rate
5%
Mortgage Type
New Conventional
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
Berquist Fong Family Trust $1,400,000 Chicago Title Company
Schoenecker Shelley $1,250,000 None Available
Thomas James Capital Inc $650,000 None Available
Lindstrom John -- None Available
4211 Development Group Llc -- None Available
Waggoner James -- Fidelity National Title Co
Waggoner James R -- Fidelity National Title Co
Waggoner James R $699,000 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Waggoner James R $200,000
Previous Owner Waggoner James R $489,300
Closed Waggoner James R $34,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/21/2014 10/21/14 Sold $1,400,000 +5.7% $846 / Sq Ft
09/18/2014 09/18/14 Pending -- -- --
09/07/2014 09/07/14 For Sale $1,325,000 +6.0% $801 / Sq Ft
02/07/2013 02/07/13 Sold $1,250,000 +14.2% $707 / Sq Ft View Prior Sale
01/24/2013 01/24/13 Pending -- -- --
01/12/2013 01/12/13 For Sale $1,095,000 -- $619 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $20,086 $1,682,582 $1,322,031 $360,551
2024 $20,086 $1,649,591 $1,296,109 $353,482
2023 $19,697 $1,617,247 $1,270,696 $346,551
2022 $18,779 $1,585,537 $1,245,781 $339,756
2021 $18,553 $1,554,449 $1,221,354 $333,095
2019 $17,996 $1,508,345 $1,185,129 $323,216
2018 $17,909 $1,478,771 $1,161,892 $316,879
2016 $17,141 $1,421,350 $1,116,775 $304,575
2015 $16,889 $1,400,000 $1,100,000 $300,000
2014 $15,521 $1,255,675 $954,313 $301,362
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    David Ivkovic

    Keller Williams Realty-Studio City

    (310) 926-1955

    37 Total Sales

    David Ivkovic
    Section Image
  • Jerry Jaffe

    Seller's Agent in 2013

    Jerry Jaffe

    Compass

    (310) 403-4925

    20 in this area

    43 Total Sales

    Jerry Jaffe
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR15068569

California Regional Multiple Listing Service (CRMLS)

APN: 4242-030-009

California Los Angeles County Venice 90291 Venice

2328 Penmar Ave, Venice, CA

This home is located at 2328 Penmar Ave, Venice, CA 90291 since 07 September 2014 and is currently estimated at $2,096,589, approximately $1,267 per square foot. This property was built in 1949. 2328 Penmar 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.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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

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