NOT LISTED FOR SALE

Estimated Value: $1,413,000 - $1,985,000

2 Beds
1 Bath
700 Sq Ft
$2,382/Sq Ft Est. Value

Last Sold April 16, 2024

Last sale price $1,400,000 $2,000 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $8,708/month

14 Days on Market

Highlights

  • Wood Flooring
  • Lawn
  • Living Room
  • Coeur D'Alene Avenue Elementary School Rated A-
  • No HOA
  • 4-minute walk to Triangle Park

About This Home

As of April 2024

Incredible opportunity in the coveted Silver Triangle! Nestled in this premiere Venice location, this charming California bungalow on an expansive 3,599 sqft lot offers an exciting opportunity to renovate the current footprint and expand and create the home of your dreams. Or a fantastic development opportunity for savvy developers and owners/users alike! With its classic bungalow architecture, this residence exudes timeless appeal and promises a canvas ripe for transformation. The cozy layout is primed and ready for customization, allowing for the creation of a personalized sanctuary tailored to the unique preferences of its future occupants. There is so much potential to expand on the sprawling lot surrounded by greenery and beautiful trees! With the eclectic energy of Venice, this property embodies the quintessential California lifestyle. Just moments away from the Beach, Abbot Kinney, the Canals, and renowned eateries, boutique shops, and cultural hotspots, residents will relish the vibrant atmosphere and endless opportunities for leisure and exploration. Whether envisioning a peaceful retreat for family living or a visionary project for development, this property beckons with endless possibilities, ready to embrace the dreams and aspirations of its next owner. **OFFER DEADLINE** Wednsday 3/13 at 12pm.

Last Agent to Sell the Property

Paige Ogden

Pardee Properties License #02060052 Listed on: 03/06/2024

Co-Listed By

Tamra Pardee

Pardee Properties License #01421451

Last Buyer's Agent

Lindsey Brodsky

Pardee Properties License #01948812

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 3,599 Sq Ft Lot
  • Lot Dimensions are 40x90
  • West Facing Home
  • Landscaped
  • Lawn
  • Back and Front Yard
  • Value in Land
  • Property is zoned LAR1

Parking

  • 1 Car Garage

Home Design

  • Bungalow
  • Entry on the 1st floor
  • Fixer Upper

Interior Spaces

  • 700 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Area
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Location

  • City Lot

Utilities

  • Heating System Mounted To A Wall or Window
  • Property is located within a water district
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4228-010-020

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: California Bungalow
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Floor: 1
  • Entry Location: Ground Level w/steps
  • Living Area: 700
  • Lot Acreage: 0.0826
  • Lot Dimensions: 40x90
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Fixer
  • Stories: 1
  • Year Built: 1950
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Drywall Walls, Detached/No Common Walls
  • Flooring: Hardwood
  • Bedrooms: 2
  • Fireplaces: 0
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Eating Areas: Dining Area
  • Total Bathrooms: 1.00
  • Equipment: Ceiling Fan
  • Fireplace: No
  • Price Per S Q F T: 1928.57

Exterior Features

  • Direction Faces: West
  • Other Structures: Other
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Garage: Garage - 1 Car, Garage
  • Total Parking: 1

Utilities

  • Cooling: Ceiling Fan
  • Heating: Wall
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer: In Street
  • Water: District

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4228-010-020
  • Lot Description: Back Yard, Front Yard, Yard, Value In Land, Landscaped, Lawn
  • Lot Location: City
  • Lot Size Area: 3599

Rental Info

  • Land Lease Purchase Yn: No

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2025
Sold by
Jrg Development Llc
Bought by
Grosskopf Randall D and Moore Jennifer C
Current Estimated Value
$1,667,439

Purchase Details

Listed on
Mar 6, 2024
Closed on
Mar 26, 2024
Sold by
Bacchetti Family Trust and Bacchetti Daniel P
Bought by
Jrg Development Llc
Seller's Agent
Paige Ogden
Pardee Properties
Buyer's Agent
Lindsey Brodsky
Pardee Properties
List Price
$1,350,000
Sold Price
$1,400,000
Premium/Discount to List
$50,000
3.7%
Views
55

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.51%
Original Mortgage
$1,413,750
Interest Rate
6.94%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 7, 2000
Sold by
Bacchetti Daniel P and Bacchetti Noel
Bought by
Bacchetti Daniel P and Bacchetti Noel M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Grosskopf Randall D -- None Listed On Document
Jrg Development Llc $1,400,000 Fidelity Title
Bacchetti Daniel P -- --
Bacchetti Daniel P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jrg Development Llc $1,413,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2024 04/16/24 Sold $1,400,000 +3.7% $2,000 / Sq Ft
03/20/2024 03/20/24 Pending -- -- --
03/06/2024 03/06/24 For Sale $1,350,000 -- $1,929 / 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 $900 $1,428,000 $1,345,176 $82,824
2024 $900 $64,585 $47,795 $16,790
2023 $888 $63,319 $46,858 $16,461
2022 $852 $62,079 $45,940 $16,139
2021 $836 $60,863 $45,040 $15,823
2019 $813 $59,059 $43,705 $15,354
2018 $794 $57,902 $42,849 $15,053
2016 $754 $55,655 $41,186 $14,469
2015 $744 $54,820 $40,568 $14,252
2014 $758 $53,747 $39,774 $13,973
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-363521

The MLS

APN: 4228-010-020