NOT LISTED FOR SALE

2416 Abbot Kinney Blvd Unit A Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,504,000 - $3,703,435

3 Beds
3.5 Baths
2,500 Sq Ft
$991/Sq Ft Est. Value

Highlights

  • Spa
  • City Lights View
  • Modern Architecture
  • Coeur D'Alene Avenue Elementary School Rated A-
  • Wood Flooring
  • 4-minute walk to Triangle Park

About This Home

As of April 2022

Fully furnished by local Venice designer with all amenities! Incredible 3 beds, 4 baths modern home on world-famous Abbot Kinney Blvd. Built in 2007 with no expense spared on materials including teak floors, wood burning fireplace, whole house audio, gourmet kitchen, and high-end modern bathrooms. Recently remodeled master bathroom, spa-style wet-room with multiple shower heads and a designer bathtub. Generous master bedroom with his and hers walk in closets. All new exterior landscaping that comes complete with an outdoor shower, fire-pit, and roof deck lounge. Large gym / yoga / office / studio on entire 3rd floor. Great live + work opportunity. 2 car garage. Close to world famous Venice beach and steps from some of the best restaurants and shopping that Abbot Kinney has to offer. Coeur D'Alene Avenue School District.

Last Agent to Rent the Property

Ness Krief

Virtual Real Estate Co. License #01291466 Listed on: 01/22/2022

Last Renter's Agent

Ness Krief

Virtual Real Estate Co. License #01291466 Listed on: 01/22/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,834

Year Built

  • Built in 1954

Lot Details

  • 4,246 Sq Ft Lot
  • Gated Home
  • Property is zoned LAR3

Home Design

  • Modern Architecture
  • Split Level Home

Interior Spaces

  • 2,500 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Living Room with Fireplace
  • Dining Area
  • City Lights Views

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Spa Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Tandem Parking

Outdoor Features

  • Spa
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Water Purifier

Community Details

  • Community Fire Pit

Listing and Financial Details

  • Security Deposit $25,000
  • Tenant pays for electricity, gas, cable TV, water, special
  • 12 Month Lease Term
  • Assessor Parcel Number 4237-012-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,834

Year Built

Built in 1954

Lot Details

0

Rental Info

  • Credit Report Required: Yes
  • Furnished: Furnished Or Unfurnished
  • Security Deposit: 25000
  • Tenant Pays: Electricity, Gas, Cable TV, Water, Special

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Single Family Or Apt: Single Family
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 2500
  • Lot Acreage: 0.0975
  • Stories: 1
  • Year Built: 1954
  • Number Of Photos: 24
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Tile
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside, In Closet
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Central Vacuum, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Microwave, Ice Maker, Range/Oven, Refrigerator, Washer, Water Filter
  • Fireplace: Yes
  • Price Per S Q F T: 4.60

Exterior Features

  • Pool: No
  • Spa: Bath Tub
  • Spa Yn: Yes
  • View: City, City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Tandem
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated

Association/Amenities

  • Amenities: Fire Pit
  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4237-012-022
  • Lot Size Area: 4246

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2014
Sold by
Korman Nathan
Bought by
Korman Nathan and Builders Family Trust
Current Estimated Value
$2,477,609

Purchase Details

Closed on
Jan 20, 2010
Sold by
Korman Claudia
Bought by
Korman Nathan

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
Outstanding Balance
$319,204
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,158,405

Purchase Details

Closed on
Dec 29, 2009
Sold by
Rivas Iris
Bought by
Korman Nathan

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
Outstanding Balance
$319,204
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,158,405

Purchase Details

Closed on
Nov 15, 2007
Sold by
Rl & Associates Llc
Bought by
Rivas Iris

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
6.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 6, 2006
Sold by
Schutz Robert
Bought by
Rl & Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,816,000
Interest Rate
6.69%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 21, 2005
Sold by
Liv Hitchcock Philip and Liv Philip Hitchcock Revocable
Bought by
Schutz Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2004
Sold by
Hitchcock Philip
Bought by
Philip Hitchcock Revocable Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2001
Sold by
Hitchock Philip
Bought by
The Philip Hitchock Revocable Living Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
6.62%

Purchase Details

Closed on
Jan 12, 1999
Sold by
Hitchcock Philip A
Bought by
The Philip Nitchock Revocable Living Tr

Purchase Details

Closed on
Jul 29, 1997
Sold by
West Dixie J
Bought by
Hitchcock Philip A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,800
Interest Rate
7.58%

Purchase Details

Closed on
Aug 31, 1993
Sold by
Hoskins Joann Joyce and Will Of Ted Felix Kavaloski
Bought by
West Dixie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
4.75%
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
Korman Nathan -- None Available
Korman Nathan -- Equity Title Los Angeles
Korman Nathan $1,805,000 Equity Title Los Angeles
Rivas Iris -- Southland Title Corporation
Rl & Associates Llc -- Lawyers Title
Schutz Robert $1,100,000 California Title
Philip Hitchcock Revocable Living Trust -- --
Hitchcock Philip -- Fidelity Van Nuys
The Philip Hitchock Revocable Living Tr -- --
Hitchcock Philip -- Fidelity Title
The Philip Nitchock Revocable Living Tr -- --
Hitchcock Philip A $231,000 Equity Title Company
West Dixie J $170,000 First Southwestern Title Com
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Korman Nathan $534,000
Closed Korman Nathan $729,500
Previous Owner Rivas Iris $300,000
Previous Owner Rl & Associates Llc $1,816,000
Previous Owner Schutz Robert $880,000
Previous Owner Hitchcock Philip $500,000
Previous Owner Hitchcock Philip $290,000
Previous Owner Hitchcock Philip A $184,800
Previous Owner West Dixie J $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2022 04/09/22 Rented $11,500 0.0% --
04/03/2022 04/03/22 Under Contract -- -- --
03/18/2022 03/18/22 Price Changed $11,500 -4.2% $5 / Sq Ft
02/12/2022 02/12/22 Price Changed $12,000 -4.0% $5 / Sq Ft
01/22/2022 01/22/22 For Rent $12,500 +4.2% --
07/24/2021 07/24/21 Rented $12,000 0.0% --
07/02/2021 07/02/21 Price Changed $12,000 -5.9% $5 / Sq Ft
06/07/2021 06/07/21 For Rent $12,750 +6.7% --
12/01/2015 12/01/15 Rented $11,950 0.0% --
10/29/2015 10/29/15 Price Changed $11,950 -7.7% $5 / Sq Ft
10/08/2015 10/08/15 Price Changed $12,950 -7.5% $5 / Sq Ft
09/20/2015 09/20/15 Price Changed $14,000 -26.3% $6 / Sq Ft
08/07/2015 08/07/15 For Rent $19,000 -- --
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 $27,834 $2,329,924 $1,419,900 $910,024
2024 $27,834 $2,284,240 $1,392,059 $892,181
2023 $27,293 $2,239,452 $1,364,764 $874,688
2022 $26,019 $2,195,542 $1,338,004 $857,538
2021 $25,690 $2,152,493 $1,311,769 $840,724
2020 $25,957 $2,130,423 $1,298,319 $832,104
2019 $24,916 $2,088,651 $1,272,862 $815,789
2018 $24,813 $2,047,698 $1,247,904 $799,794
2017 $24,273 $2,007,548 $1,223,436 $784,112
2016 $23,632 $1,968,186 $1,199,448 $768,738
2015 $23,282 $1,938,623 $1,181,432 $757,191
2014 $23,352 $1,900,649 $1,158,290 $742,359
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-120985

The MLS

APN: 4237-012-022