NOT LISTED FOR SALE

2425 Wilson Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,690,000 - $2,023,000

2 Beds
1 Bath
930 Sq Ft
$1,939/Sq Ft Est. Value

Last Sold June 25, 2018

Last sale price $1,380,000 $1,484 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $10,886/month

45 Days on Market

Highlights

  • Living Room with Fireplace
  • Wood Flooring
  • Cottage
  • Coeur D'Alene Avenue Elementary School Rated A-
  • No HOA
  • 5-minute walk to Triangle Park

About This Home

As of June 2018

Charming and private Venice Beach Cottage located in the Silver Triangle neighborhood of Venice Beach, close to Venice Canals, Marina, and a short distance to Abbot Kinny Blvd. First time on the market in over 30 years. A perfect opportunity for development or to build your dream Venice Beach Home.

Last Agent to Sell the Property

Oliver Mossi

Sotheby's International Realty License #01735335 Listed on: 04/30/2018

Sotheby's International Realty

Co-Listed By

Ernie Carswell

Sotheby's International Realty License #01111566

Last Buyer's Agent

Ty Bergman

Equity Union License #01015897

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 3,599 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • Driveway

Home Design

  • Cottage

Interior Spaces

  • 930 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Wood Flooring
  • Laundry in Garage

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4228-010-014

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Cottage
  • Street Number Display: Yes
  • Living Area: 930
  • Stories: 1
  • Year Built: 1950
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Wood
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Garage
  • Total Bathrooms: 1.00
  • Price Per S Q F T: 1500.00

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4228-010-014
  • Geocode Override: No
  • Lot Size Area: 3599

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2018
Closed on
Jun 19, 2018
Sold by
Sam Richard
Bought by
Califabrications Llc
Seller's Agent
Oliver Mossi
Sotheby's International Realty
Buyer's Agent
Ty Bergman
Equity Union
List Price
$1,567,000
Sold Price
$1,380,000
Premium/Discount to List
-$187,000
-11.93%
Current Estimated Value
$1,803,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$423,056
Avg. Annual Appreciation
3.60%

Purchase Details

Closed on
Feb 17, 2016
Sold by
Sam Lily Y
Bought by
Sam Lily and Lily Sam Trust

Purchase Details

Closed on
Jul 11, 2000
Sold by
Sam Richard
Bought by
Sam Hubert and Sam Lily Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,000
Interest Rate
8.55%
Mortgage Type
Seller Take Back
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
Califabrications Llc $1,380,000 Fidelity Sherman Oaks
Sam Lily -- None Available
Sam Hubert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sam Hubert $23,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2018 06/25/18 Sold $1,380,000 -1.1% $1,484 / Sq Ft
06/14/2018 06/14/18 Pending -- -- --
06/06/2018 06/06/18 Price Changed $1,395,000 -11.0% $1,500 / Sq Ft
04/30/2018 04/30/18 For Sale $1,567,000 -- $1,685 / 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 $18,617 $1,570,198 $1,256,161 $314,037
2024 $18,617 $1,539,411 $1,231,531 $307,880
2023 $18,254 $1,509,228 $1,207,384 $301,844
2022 $17,397 $1,479,636 $1,183,710 $295,926
2021 $17,190 $1,450,624 $1,160,500 $290,124
2019 $16,669 $1,407,600 $1,126,080 $281,520
2018 $2,783 $223,119 $149,587 $73,532
2016 $2,656 $214,457 $143,779 $70,678
2015 $2,618 $211,237 $141,620 $69,617
2014 $2,636 $207,100 $138,846 $68,254
Source: Public Records

Agents Affiliated with this Home

  • O

    Seller's Agent in 2018

    Oliver Mossi

    Sotheby's International Realty

    Section Image
  • Ernie Carswell

    Seller Co-Listing Agent in 2018

    Ernie Carswell

    Sotheby's International Realty

    (424) 202-3226

    4 in this area

    149 Total Sales

    Ernie Carswell
    Section Image
  • Ty Bergman

    Buyer's Agent in 2018

    Ty Bergman

    Equity Union

    (310) 386-2757

    9 in this area

    47 Total Sales

    Ty Bergman
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 18-338760

The MLS

APN: 4228-010-014

California Los Angeles County Venice 90291 Venice

2425 Wilson Ave, Venice, CA

Not Listed for Sale

Detached

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