NOT LISTED FOR SALE

2331 Eastern Canal Venice, CA 90291

Venice Neighborhood

Estimated Value: $3,846,864 - $4,533,000

4 Beds
3 Baths
3,059 Sq Ft
$1,343/Sq Ft Est. Value

Last Sold November 17, 2020

Last sale price $3,135,000 $1,025 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $24,901/month

169 Days on Market

Highlights

  • Spa
  • Sauna
  • Fireplace in Primary Bedroom
  • Coeur D'Alene Avenue Elementary School Rated A-
  • City View
  • 3-minute walk to Linnie Canal Park

About This Home

As of November 2020

Major Price Reduction. Flooded with natural light, this contemporary residence sits in a prime location on the coveted Venice canals. Capturing sweeping water and bridge views, the home boasts a spacious waterfront terrace and fire-pit lounge, where mature trees maximize shade and privacy. Ample work-from-home office space, the house lays out seamlessly with an open-concept living area, chefs kitchen, private workspaces, and 3 of the 4 bedrooms on one floor. The master suite features a canal-view terrace, fireplace, walk-in closet, sauna and soaking tub. With a private direct-access 2 car garage plus parking for 2 more, a location with convenient accessibility in and out of the Canals, and footsteps to Abbot Kinney, the beach, and Erehwon market, this is a must see.

Last Agent to Sell the Property

Michael Grady

The Agency License #01505317 Listed on: 04/20/2020

The Agency

Co-Listed By

Jagger Kroener

The Agency License #01984562

Last Buyer's Agent

Out of Area Out of Area

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • 2,700 Sq Ft Lot
  • Property is zoned LARW1

Parking

  • 2 Car Attached Garage
  • Side by Side Parking
  • Driveway

Property Views

  • City
  • Canal
  • Mountain

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor

Interior Spaces

  • 3,059 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Home Office
  • Sauna

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Spa Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Open Patio

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4227-007-024

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Advertising Remarks: Sunlight fills this open, airy residence situated in a coveted location along the Venice canals. Capturing sweeping water and bridge views, the home boasts a spacious waterfront terrace and fire-pit lounge, where leafy trees maximize shade and privacy. High ceilings soar above the great room and fireplace, with glass doors that frame canal views and foster a seamless indoor-outdoor flow. Clerestory windows draw abundant natural light while gallery-sized walls can accommodate a private art collection. The open chef's kitchen features granite countertops, stainless steel appliances and dual sinks. The upper level features ample office space and 4 bedrooms, including the master suite with canal-view terrace, fireplace, walk-in closet, sauna and soaking tub. The home offers parking for 4 cars, including a 2-car garage. The desirable Eastern Canal location provides convenient access to Ocean Avenue, Washington and Venice Blvd's, as well as Venice Beach, Abbot Kinney and Erewhon market.
  • Entry Floor: 1
  • Living Area: 3059
  • Stories: 3
  • Year Built: 1988
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Carpet, Hardwood, Tile
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside, Laundry Area
  • Total Bathrooms: 3.00
  • Equipment: Built-Ins, Dishwasher, Dryer, Freezer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 1073.88

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa: Bath Tub
  • Spa Yn: Yes
  • View: Canal, City, Mountains, Water
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Driveway - Concrete, Garage - 2 Car, Garage Is Attached, Private Garage, Side By Side
  • Total Parking: 4

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4227-007-024
  • Geocode Override: No
  • Lot Size Area: 2700

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2022
Sold by
Perry Jolene K
Bought by
Waterway Magic Llc
Current Estimated Value
$4,107,216

Purchase Details

Listed on
Apr 20, 2020
Closed on
Nov 6, 2020
Sold by
Kaufman Lawrence B and Kaufman Debra A
Bought by
Perry Jolene K
Seller's Agent
Michael Grady
The Agency
Buyer's Agent
Out of Area Out of Area
List Price
$3,750,000
Sold Price
$3,135,000
Premium/Discount to List
-$615,000
-16.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.38%
Original Mortgage
$2,194,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2014
Sold by
Kaufman Larry and Kaufman Debra
Bought by
The Kaufman Family Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$605,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 2, 2013
Sold by
Kaufman Larry and Kaufman Debra
Bought by
Kaufman Lawrence B and Kaufman Debra A

Purchase Details

Closed on
Jun 11, 1996
Sold by
Granite Management Corp
Bought by
Kaufman Larry and Kaufman Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
4.95%

Purchase Details

Closed on
Feb 13, 1996
Sold by
Gillen James R and Granite Management Corp
Bought by
Granite Management Corp
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
Waterway Magic Llc -- Sullivan Mcgibbons Crickard &
Perry Jolene K $3,135,000 Progressive Title Co
The Kaufman Family Revocable Trust -- Ticor Title Company
Kaufman Lawrence B -- None Available
Kaufman Larry $520,000 First American Title Ins Co
Granite Management Corp $515,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perry Jolene K $2,194,500
Previous Owner The Kaufman Family Revocable Trust $605,000
Previous Owner Kaufman Larry $416,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2020 11/17/20 Sold $3,135,000 -4.6% $1,025 / Sq Ft
10/06/2020 10/06/20 Pending -- -- --
09/14/2020 09/14/20 Price Changed $3,285,000 -6.0% $1,074 / Sq Ft
07/21/2020 07/21/20 Price Changed $3,495,000 -6.8% $1,143 / Sq Ft
04/20/2020 04/20/20 For Sale $3,750,000 -- $1,226 / 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 $41,083 $3,469,005 $2,496,960 $972,045
2024 $41,083 $3,400,986 $2,448,000 $952,986
2023 $39,405 $3,261,653 $2,336,946 $924,707
2022 $37,552 $3,197,700 $2,291,124 $906,576
2021 $37,101 $3,135,000 $2,246,200 $888,800
2020 $10,006 $819,456 $492,931 $326,525
2019 $9,607 $803,389 $483,266 $320,123
2018 $9,548 $787,638 $473,791 $313,847
2016 $9,109 $757,055 $455,394 $301,661
2015 $8,975 $745,684 $448,554 $297,130
2014 $9,006 $731,078 $439,768 $291,310
Source: Public Records

Agents Affiliated with this Home

  • Michael Grady

    Seller's Agent in 2020

    Michael Grady

    The Agency

    (510) 512-2309

    15 in this area

    64 Total Sales

    Michael Grady
    Section Image

  • J

    Seller Co-Listing Agent in 2020

    Jagger Kroener

    The Agency

  • O

    Buyer's Agent in 2020

    Out of Area Out of Area

See All Agents

Map

Source: The MLS

MLS Number: 20-571170

The MLS

APN: 4227-007-024

California Los Angeles County Venice 90291 Venice

2331 Eastern Canal, Venice, CA

Not Listed for Sale

Detached

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