NOT LISTED FOR SALE

Estimated Value: $2,090,000 - $2,684,000

2 Beds
2 Baths
1,266 Sq Ft
$1,841/Sq Ft Est. Value

Last Sold September 03, 2020

Last sale price $2,060,000 $1,627 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $14,564/month

Highlights

  • Two Primary Bedrooms
  • Peek-A-Boo Views
  • Wood Flooring
  • Venice High School Rated A
  • Two Primary Bathrooms
  • 2-minute walk to Windward Plaza

About This Home

As of September 2023

Welcome to 24 18th Avenue, a classic, furnished, 1903 beachside residence nestled just four houses away from the pristine sands of Venice Beach. As a true gem on Venice's last historic brick street, this property beautifully merges timeless allure with contemporary comfort, set within an unparalleled Californian beach setting. Upon passing through the secure gates, you're welcomed by a serene realm of tranquility and comfort. The heart of this beachside sanctuary is a lovingly restored beach bungalow, where preserved features from a bygone era blend effortlessly with today's modern amenities. Original details, such as the hopper and French windows with their stained and leaded glass, the finely-crafted crown moldings, wainscoting, and stunning Douglas Fir floors, have all been restored to their timeless glory. Modern touches like the upgraded gourmet kitchen and bathrooms elevate this home's functionality to match its aesthetic appeal. A particularly special space in this home is the conveniently located office space/sunroom off the living room, offering a quiet work refuge with a separate entrance off the charming front porch. Inside, each room is thoughtfully adorned with tasteful, designer pieces that uphold the home's sophisticated aesthetic, harmoniously interwoven with its historic charm. These spaces radiate warmth and tranquility, forming a serene haven away from the bustling world outside. The property extends from street to street, providing a detached one-car garage and a generous yard that doubles as off-street parking. The fully fenced lot is an ideal playground for your pets, offering them a secure space to enjoy. Situated mere steps from Venice's premier surf spot and the world-famous Venice Boardwalk, the home also neighbors top-tier restaurants such as Great White, Gran Blanco, Belle's Beach House, Ospi, and Gjusta Grocer. And, of course, there's the near-private beach as your personal playground every morning.24 18th Avenue offers an invitation to savor the soothing rhythms of beach life while wrapped in the comforts of modern living. The home resonates with the charm of its past, and its artful blend of historical elegance and contemporary style makes it a truly exceptional Venice offering. *Furnished only. Property owner pays for water and weekly maid service (excluding personal laundry).

Last Agent to Rent the Property

Michael McCraine

Compass License #02095597 Listed on: 07/12/2023

Compass

Last Renter's Agent

Jesse Bernstein

Coldwell Banker Realty License #02088758

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,455

Year Built

  • Built in 1903 | Remodeled

Lot Details

  • 2,641 Sq Ft Lot
  • Lot Dimensions are 30x88
  • Gated Home
  • Property is zoned LAR3

Home Design

  • Bungalow

Interior Spaces

  • 1,266 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Decorative Fireplace
  • Living Room
  • Dining Area
  • Home Office
  • Sun or Florida Room
  • Wood Flooring
  • Peek-A-Boo Views

Kitchen

  • Oven or Range
  • Gas and Electric Range
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Master Bedroom
  • Two Primary Bathrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Alarm System
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Parking

  • 1 Car Garage
  • Driveway

Outdoor Features

  • Open Patio

Utilities

  • Air Conditioning
  • Central Heating
  • Vented Exhaust Fan

Listing and Financial Details

  • Security Deposit $16,000
  • Tenant pays for electricity, gas, trash collection, cable TV
  • Rent includes water, gardener, maid service
  • 12 Month Lease Term
  • Assessor Parcel Number 4226-011-027

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,455

Year Built

Built in 1903 | Remodeled

Lot Details

0

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Furnished: Furnished
  • Rent Control: No
  • Rent Includes: Water, Gardener, Maid Service
  • Security Deposit: 16000
  • Tenant Pays: Electricity, Gas, Trash Collection, Cable TV

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Style: California Bungalow
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 1266
  • Lot Acreage: 0.0606
  • Lot Dimensions: 30x88
  • Monthto Month: No
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1903
  • Number Of Photos: 37
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Decorative
  • Flooring: Hardwood
  • Appliances: Gas/Electric Range
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: 2 Master Bedrooms
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: 2 Master Baths
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Laundry Closet Stacked
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Alarm System, Garbage Disposal, Freezer, Dishwasher, Dryer, Range/Oven, Vented Exhaust Fan, Washer
  • Price Per S Q F T: 6.32

Exterior Features

  • Pool: No
  • View: Peek-A-Boo
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Driveway, Garage - 1 Car
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Gated, Carbon Monoxide Detector(s), Exterior Security Lights, Fire and Smoke Detection System

Association/Amenities

  • Pet Rules: Yes

Lot Info

  • Assessor Parcel Number: 4226-011-027
  • Lot Size Area: 2641

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2020
Closed on
Aug 19, 2020
Sold by
Rees Philippon Susan
Bought by
24 18Th Avenue Llc
Seller's Agent
Michael McCraine
Compass
Buyer's Agent
Jamie Thompson
Douglas Elliman
List Price
$1,880,000
Sold Price
$2,060,000
Premium/Discount to List
$180,000
9.57%
Current Estimated Value
$2,330,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,989
Avg. Annual Appreciation
2.44%

Purchase Details

Closed on
Dec 14, 2018
Sold by
Philippon Nicolas
Bought by
Ress Phillippon Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$534,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 2010
Sold by
Borris Jonah
Bought by
Philippon Nicolas and Rees Philippon Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2001
Sold by
Zitnick Family Partnership
Bought by
Borris Jonah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,200
Interest Rate
7.25%

Purchase Details

Closed on
Nov 24, 1998
Sold by
Zitnick Trust and Stanley
Bought by
Zitnick Family Partnership
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
24 18Th Avenue Llc $2,060,000 Lawyers Title
Ress Phillippon Susan -- First American Title Company
Philippon Nicolas $870,000 Fidelity National Title Co
Borris Jonah $481,500 Fidelity National Title
Zitnick Family Partnership -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ress Phillippon Susan $534,000
Previous Owner Philippon Nicolas $600,000
Previous Owner Borris Jonah $385,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/17/2023 09/17/23 Rented $7,600 -5.0% --
08/20/2023 08/20/23 Price Changed $8,000 0.0% $6 / Sq Ft
08/20/2023 08/20/23 For Rent $8,000 -11.1% --
08/20/2023 08/20/23 Off Market $9,000 -- --
07/12/2023 07/12/23 For Rent $9,000 0.0% --
09/03/2020 09/03/20 Sold $2,060,000 +9.6% $1,627 / Sq Ft View Prior Sale
08/13/2020 08/13/20 Pending -- -- --
08/05/2020 08/05/20 For Sale $1,880,000 -- $1,485 / 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 $26,455 $2,229,807 $1,783,847 $445,960
2024 $26,455 $2,186,086 $1,748,870 $437,216
2023 $25,938 $2,143,223 $1,714,579 $428,644
2022 $24,722 $2,101,200 $1,680,960 $420,240
2021 $24,429 $2,060,000 $1,648,000 $412,000
2020 $12,365 $1,019,175 $815,343 $203,832
2019 $11,869 $999,192 $799,356 $199,836
2018 $11,790 $979,601 $783,683 $195,918
2016 $11,277 $941,563 $753,252 $188,311
2015 $11,110 $927,421 $741,938 $185,483
2014 $11,146 $909,255 $727,405 $181,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-289957

The MLS

APN: 4226-011-027