NOT LISTED FOR SALE

Estimated Value: $4,183,040 - $5,391,000

7 Beds
8 Baths
5,000 Sq Ft
$959/Sq Ft Est. Value

Last Sold April 24, 2017

Last sale price $14,600,000 $2,920 Per Sq Ft

Current estimated payment $30,334/month

Highlights

  • Home Theater
  • Heated In Ground Pool
  • Wood Flooring
  • Coeur D'Alene Avenue Elementary School Rated A-
  • Outdoor Fireplace
  • No HOA

About This Home

As of April 2017

Well-known LA architect & environmentalist David Randall Hertz FAIA is selling his Venice home. In addition to being a classic compound of 4 structures connected by 3 bridges within a tropical oasis, the home is made famous as a setting in the Showtime series "Californication." Its design is inspired by Hertz's travels surfing through Southeast Asia & is in a style one might call Balinese Modern. The 5,000sf home is set on a 7,500sf lot & is a compound of buildings set around a lap pool, w/7bedrooms, media rm & pool house. The residence's exterior is built out & put to use w/features including: outdoor kitchen, fire-pit, roof deck & outdoor shower. The home pioneered several sustainable & energy-saving features & materials: concrete floors & counters, recycled & certified sustainable wood, photo-voltaic solar energy system, natural ventilation that requires no A/C, zero VOC paint, reclaimed materials. The home was awarded the Sustainable Living Award by the Eco Home network.

Last Agent to Sell the Property

Tamra Pardee

Pardee Properties License #01421451 Listed on: 04/21/2017

Co-Listed By

Tim Mullin

Compass License #01878181

Compass

Last Buyer's Agent

Tim Mullin

Compass License #01878181

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $58,351

Year Built

  • Built in 2003

Lot Details

  • 7,201 Sq Ft Lot
  • Property is zoned LAR1

Interior Spaces

  • 5,000 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Entryway
  • Living Room
  • Dining Room
  • Home Theater
  • Den
  • Courtyard Views
  • Intercom

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • In Ground Spa

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4228-013-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$58,351

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Living Area: 5000
  • Stories: 2
  • Year Built: 2003
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Exterior
  • Flooring: Hardwood, Mixed, Stained Concrete
  • Bedrooms: 7
  • Full Bathroom: 6
  • Half Bathroom: 2
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 8.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Freezer, Garbage Disposal, Hood Fan, Intercom, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 2920.00

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Heated And Filtered, Private
  • Pool: Yes
  • Spa: Hot Tub, In Ground
  • Spa Yn: Yes
  • View: Courtyard
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4228-013-012
  • Geocode Override: No
  • Lot Size Area: 7201

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2022
Sold by
Venice Sunshine Llc
Bought by
2420 Mckinley Venice Development Llc
Total Days on Market
0
Current Estimated Value
$4,674,767

Purchase Details

Listed on
Apr 21, 2017
Closed on
Apr 13, 2017
Sold by
Hertz David R
Bought by
Venice Sunshine Llc
Seller's Agent
Tamra Pardee
Pardee Properties
Buyer's Agent
Tim Mullin
Compass
List Price
$14,600,000
Sold Price
$14,600,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-12.70%

Purchase Details

Closed on
Jul 19, 2011
Sold by
Hertz David R
Bought by
Hertz David R and David R Hertz Trust

Purchase Details

Closed on
Sep 15, 2010
Sold by
Hertz David R
Bought by
Hertz David R

Purchase Details

Closed on
Aug 1, 2000
Sold by
Hertz David R
Bought by
Hertz/Fong Family Trust

Purchase Details

Closed on
Jan 25, 1999
Sold by
Dulley Stephen R
Bought by
Hertz David R and Fong Stacy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.76%
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
2420 Mckinley Venice Development Llc $4,500,000 Fidelity National Title
Venice Sunshine Llc $14,600,000 Fidelity Natl Title Ins Co
Hertz David R -- None Available
Hertz David R -- None Available
Hertz/Fong Family Trust -- --
Hertz David R $300,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Venice Sunshine Llc $5,360,000
Previous Owner Hertz David R $400,000
Previous Owner Hertz David Randall $1,500,000
Previous Owner Hertz David R $440,000
Previous Owner Hertz David R $10,000,000
Previous Owner Hertz David R $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2017 04/24/17 Sold $14,600,000 0.0% $2,920 / Sq Ft
04/21/2017 04/21/17 Pending -- -- --
04/21/2017 04/21/17 For Sale $14,600,000 -- $2,920 / 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 $58,351 $4,941,900 $3,121,200 $1,820,700
2024 $58,351 $4,845,000 $3,060,000 $1,785,000
2023 $57,201 $4,750,000 $3,000,000 $1,750,000
2022 $93,279 $7,983,615 $3,280,938 $4,702,677
2021 $92,195 $7,827,074 $3,216,606 $4,610,468
2019 $89,394 $7,594,920 $3,121,200 $4,473,720
2018 $89,228 $7,446,000 $3,060,000 $4,386,000
2016 $8,844 $730,093 $317,829 $412,264
2015 $8,714 $719,127 $313,055 $406,072
2014 $8,746 $705,041 $306,923 $398,118
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-223288

The MLS

APN: 4228-013-012