$1,498,000
SOLD MAY 21, 2024
2 Beds
2 Baths
860 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$1,742 Per Sq Ft

6% Below List Price

62 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • 1-Story Property
  • Coeur D'Alene Avenue Elementary School Rated A-
  • Bungalow

About This Home

As of May 2024

Unique Development and Investment Prospect in Venice's Silver Triangle. Discover an exceptional opportunity to shape the future of real estate in the highly sought-after Silver Triangle neighborhood. Ideally located just moments from the picturesque Venice Canals and the vibrant Abbot Kinney, this prime development site offers proximity to the beach and an array of local hotspots. The Silver Triangle's historic charm is reflected in the original 2-3 bedroom postwar bungalows from the late 40s to early 50s. Alongside these, find older California Bungalows and contemporary architectural wonders, creating a diverse architectural tapestry. Seize the chance to transform this canvas into your own vision. Whether revitalizing a classic or crafting a modern masterpiece, the possibilities are boundless. Embrace the Venice lifestyle with easy access to cultural hubs like Abbot Kinney Boulevard and the tranquility of the nearby Venice Canals. This is more than an investment; it's an opportunity to create your coastal sanctuary just minutes from the beach. Act now and be part of shaping the future of this prime Venice real estate in the vibrant Silver Triangle neighborhood.'

Last Agent to Sell the Property

Ernest Yturriaga

Real Brokerage Technologies License #01479009 Listed on: 02/15/2024

Real Brokerage Technologies

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,750

Year Built

  • Built in 1955

Lot Details

  • 3,485 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • Driveway

Home Design

  • Bungalow

Interior Spaces

  • 860 Sq Ft Home
  • 1-Story Property
  • Decorative Fireplace
  • Fireplace With Gas Starter
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Community Details

  • No Home Owners Association
  • Other 0011 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4228011005

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,750

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Unit Levels: One
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1955
  • Entry Level: 1
  • Lot Size Acres: 0.08
  • Subdivision Name: Other - 0011
  • Directions: Use GPS
  • Architectural Style: Bungalow
  • Building Stories: 1
  • General Property Information:Zoning2: LAR1
  • Property Info:View: No
  • Property Info:Pool: No
  • Property Info:Spa: No
  • Property Info:Fireplace: Yes
  • Flooring:Carpet: Yes
  • Levels:One: Yes
  • Property Info:Entry Floor Number: 1
  • Property Info:Senior Community2: No
  • Flooring:Hardwood: Yes
  • General Property Information:Property Attached: No
  • General Property Information:ADU YN2: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher
  • Fireplace Features: Decorative, Gas Starter
  • Flooring: Carpet, Hardwood
  • Stories: 1
  • Private Spa: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: Yes
  • Living Area: 860.0
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Fireplace Fuel:Gas Starter: Yes
  • Fireplace Features:Decorative: Yes

Exterior Features

  • Pool Private: No
  • View: No

Garage/Parking

  • ParkingSpacesInformationRV: No
  • Parking Features:Driveway - Concrete: Yes

Condo/Co-op/Association

  • HOAInformationHOA: No
  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 3599.0
  • Parcel #: 4228011005
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
May 14, 2024
Sold by
Hadaegh & Tehrani Family 2006 Revocable and Tehrani Faramarz
Bought by
Murray Galen Patrick and Cataldo Melissa Kay
Seller's Agent
Ernest Yturriaga
Real Brokerage Technologies
List Price
$1,600,000
Sold Price
$1,498,000
Premium/Discount to List
-$102,000
-6.38%
Views
133
Current Estimated Value
$1,642,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,159
Avg. Annual Appreciation
7.50%
Original Mortgage
$750,000
Outstanding Balance
$740,746
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$901,413

Purchase Details

Closed on
Dec 1, 2006
Sold by
Tehrani Faramarz K
Bought by
Tehrani Faramarz K and Hadaegh Massi M

Purchase Details

Closed on
Dec 17, 2002
Sold by
Tehrani Faramarz K
Bought by
Tehrani Faramarz K and Hadaegh Massi M

Purchase Details

Closed on
Jul 12, 2002
Sold by
Hadaegh Massi M
Bought by
Tehrani Faramarz K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,000
Interest Rate
6.69%

Purchase Details

Closed on
Jul 11, 2002
Sold by
Hadaegh Reza A
Bought by
Tehrani Faramarz K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,000
Interest Rate
6.69%

Purchase Details

Closed on
May 30, 2000
Sold by
Govenar Hedy F Tr
Bought by
Hadaegh Reza A and Chida Toshimi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,400
Interest Rate
8.67%

Purchase Details

Closed on
Jan 19, 1994
Sold by
Govenar Hedy F
Bought by
Govenar Hedy F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,600
Interest Rate
7.21%
Source: Public Records

Similar Homes in the area

  • 7363 W 87th Place, Los Angeles, CA 90045

    $1,749,000

    • 4 Beds
    • 3 Baths
    • 1,867 Sq Ft
    • 7363 W 87th Place
    • Los Angeles, CA

    Nestled in the coveted West Westchester enclave, 7363 W 87th Place offers a harmonious blend of coastal serenity and urban convenience. This meticulously upgraded single-story residence boasts 4 bedrooms and 3 full bathrooms across 1,867 square feet of refined living space, all situated on a 5,819-square-foot lot. Built in 1951, the home has been thoughtfully modernized to cater to contemporary

    Stephanie Younger Compass

    Section Image
  • 7322 W 91st St, Los Angeles, CA 90045

    $1,799,000

    • 4 Beds
    • 4 Baths
    • 2,241 Sq Ft
    • 7322 W 91st St
    • Los Angeles, CA

    Welcome to 7322 W 91st Street - an exquisite blend of modern elegance and thoughtful design, completely reimagined in 2018 with a full remodel down to the studs. Nestled behind a white picket fence and lush, gated front yard, this home radiates warmth, style, and sophistication at every turn. Step inside to a sun-drenched open-concept living and dining area that flows seamlessly into a

    Stephanie Younger Compass

    Section Image
  • 2354 Ocean Ave, Venice, CA 90291

    $1,699,000

    • 2 Beds
    • 1 Bath
    • 785 Sq Ft
    • 2354 Ocean Ave
    • Venice, CA

    Just completed full renovation with permits! This charming Spanish bungalow blends classic character with modern upgrades. The 2-bed, 1-bath home features an open living area, sleek kitchen with stone counters, stainless appliances, and updated bath. Major improvements include new electrical with upgraded panel, plumbing, tankless water heater, new flooring, mini-split heating/cooling, and new

    Charles Cohen Keller Williams Los Angeles

    Section Image
  • 2403 Ocean Ave, Venice, CA 90291

    $1,575,000

    • 2 Beds
    • 1.5 Baths
    • 808 Sq Ft
    • 2403 Ocean Ave
    • Venice, CA

    Located just behind the Venice Canals, this single-level beach bungalow offers a prime location within walking distance to Abbot Kinney and the beach. There is even a shortcut that leads you to the beach by taking the iconic white Venice Canal bridges. The home features 2 bedrooms, 1 remodeled bathroom, original hardwood floors, and a front patio. The kitchen includes a breakfast area and a

    Csaba Yollin Engel & Völkers

    Section Image
  • 2918 Sanborn Ave, Venice, CA 90291

    $1,795,000

    • 3 Beds
    • 2.5 Baths
    • 1,076 Sq Ft
    • 2918 Sanborn Ave
    • Venice, CA

    Welcome to this inviting Venice retreat, ideally nestled on a quiet street in one of the neighborhood's most coveted pockets - just moments from the iconic Canals, sandy shores, and lively shops and cafes of Abbot Kinney and Marina Del Rey. Offering the perfect blend of charm, comfort, and convenience, this turnkey single-level home is your gateway to the best of Westside living. Inside, the

    Michael Grady The Agency

    Section Image
  • 510 Venice Way, Venice, CA 90291

    $1,779,000

    • 3 Beds
    • 2 Baths
    • 1,130 Sq Ft
    • 510 Venice Way
    • Venice, CA

    Welcome to 510 Venice Way, where architectural design meets laid-back coastal living in the heart of Venice.Tucked between the Pacific Ocean, the historic canals, and Abbot Kinney's vibrant energy, this beautifully reimagined bungalow captures the essence of Venice's creative soul.This architect-renovated home blends original character with thoughtful, design-forward upgrades. Inside, you'll find

    Jesse Schwartz Premier Agent Network Inc.

    Section Image
  • 522 Altair Place, Venice, CA 90291

    $1,750,000

    • 2 Beds
    • 3 Baths
    • 1,267 Sq Ft
    • 522 Altair Place
    • Venice, CA

    Classic California Bungalow in prime Venice - just seconds from Abbot Kinney Blvd and minutes from the sand! Rich with original character, the enchanting 1 bed, 2 bath main home features coffered ceilings, original vintage details, and 2 extra rooms ideal for a yoga space or home office. Enjoy mature trees and front + back decks - perfect for lounging and entertaining. The detached (unpermitted)

    Paige Ogden Pardee Properties

    Section Image
  • 801 Howard St, Marina Del Rey, CA 90292

    $1,695,000

    • 2 Beds
    • 2 Baths
    • 1,135 Sq Ft
    • 801 Howard St
    • Marina Del Rey, CA

    Coastal Luxury Meets Modern Elegance at 801 Howard step into this stunning, fully remodeled contemporary coastal home perfectly positioned just moments from the iconic Abbot Kinney Boulevard and the beaches of Marina del Rey and Santa Monica. This is more than a home; it's a lifestyle.Flooded with natural light, the open-concept design seamlessly blends indoor and outdoor living. Floor-to-ceiling

    Rick Dergan LPT Realty, Inc

    Section Image
  • 2709 Strongs Dr, Los Angeles, CA 90291

    $1,500,000

    • 1 Bed
    • 1 Bath
    • 590 Sq Ft
    • 2709 Strongs Dr
    • Los Angeles, CA

    2709 Strongs Drive presents a unique opportunity to acquire a well-located parcel in Venice Beach, positioned just a short walk from the beach, the Venice Canals, and Abbot Kinney Boulevard. Zoned RD 1.5-1, the site qualifies for a Small Lot Subdivision, making it ideal for developers, architects, or end- users seeking to build custom modern homes in one of Los Angeles' most supply-constrained

    Conor Halloran Lee & Associates Los Angeles West Inc.

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,498,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Chicago Title
Grant Deed $505,000 Chicago Title
Grant Deed $403,000 Chicago Title
Grant Deed -- Stewart Title
Grant Deed -- Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $750,000 New Conventional
Previous Owner $300,000 Credit Line Revolving
Previous Owner $463,000 New Conventional
Previous Owner $250,000 Credit Line Revolving
Previous Owner $94,600 Credit Line Revolving
Previous Owner $575,000 Unknown
Previous Owner $404,000 No Value Available
Previous Owner $80,348 Credit Line Revolving
Previous Owner $45,000 Credit Line Revolving
Previous Owner $322,400 No Value Available
Previous Owner $185,600 No Value Available
Closed $80,600 No Value Available
Closed $50,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2024 05/21/24 Sold $1,498,000 -1.8% $1,742 / Sq Ft
04/18/2024 04/18/24 Pending -- -- --
03/14/2024 03/14/24 Price Changed $1,525,000 -4.7% $1,773 / Sq Ft
02/15/2024 02/15/24 For Sale $1,600,000 -- $1,860 / Sq Ft
Source: Conejo Simi Moorpark Association of REALTORS®

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 $8,750 $1,527,960 $1,435,344 $92,616
2024 $8,750 $717,047 $573,645 $143,402
2023 $8,583 $702,989 $562,398 $140,591
2022 $8,184 $689,206 $551,371 $137,835
2021 $8,082 $675,693 $540,560 $135,133
2019 $7,839 $655,654 $524,528 $131,126
2018 $7,798 $642,799 $514,244 $128,555
2016 $7,461 $617,840 $494,276 $123,564
2015 $7,351 $608,560 $486,852 $121,708
2014 $7,381 $596,640 $477,316 $119,324
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Conejo Simi Moorpark Association of REALTORS®

MLS Number: 224000532

Conejo Simi Moorpark Association of REALTORS®

APN: 4228-011-005