NOT LISTED FOR SALE

Estimated Value: $1,784,421 - $2,572,000

3 Beds
3 Baths
2,150 Sq Ft
$1,069/Sq Ft Est. Value

Last Sold February 08, 2019

Last sale price $1,649,000 $767 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $13,859/month

31 Days on Market

Highlights

  • Detached Guest House
  • Wood Flooring
  • Bungalow
  • Beethoven Street Elementary School Rated 9+
  • No HOA
  • Attached Carport

About This Home

As of February 2019

When opportunity knocksRare opportunity to own a home with amazing income and/or live work potential in Venice. This property features a three bedroom, two bath, in the front house that is approximately 1,543 square feet. Separate unit in the rear, is approximately 607 square feet (has been legally permitted as an ADU with its own address, 2437 Glencoe) and offers the flexibility for multi-family living, income unit, or home work/office space or studio. Great street, conveniently located near shops and restaurants and walking distance to Venice High School, Mark Twain, Beethoven and Walgrove Elementary. This property is affordably priced, offers endless potential, and is centrally located in highly sought after neighborhoodan opportunity not to be missed! Broker/Agent does not guarantee the accuracy of the square footage, lot size/dimensions.

Last Agent to Sell the Property

David Fowler

Estate Properties License #01416501 Listed on: 12/09/2018

Estate Properties

Last Buyer's Agent

Benyamin Illulian

Keller Williams Los Angeles License #02003019

Keller Williams Los Angeles

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,918

Year Built

  • Built in 1923

Lot Details

  • 5,847 Sq Ft Lot
  • Property is zoned LAR1

Home Design

  • Bungalow
  • Stucco

Interior Spaces

  • 2,150 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Laundry in Kitchen

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Attached Carport
  • On-Street Parking

Additional Features

  • Detached Guest House
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4236-008-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,918

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: California Bungalow
  • Street Number Display: Yes
  • Advertising Remarks: When opportunity knocksRare opportunity to own a home with amazing income and/or live work potential in Venice. This property features a three bedroom, two bath, in the front house that is approximately 1,543 square feet. Separate unit in the rear, is approximately 607 square feet (has been legally permitted as an ADU with its own address, 2437 Glencoe) and offers the flexibility for multi-family living, income unit, or home work/office space or studio. Great street, conveniently located near shops and restaurants and walking distance to Venice High School, Mark Twain, Beethoven and Walgrove Elementary. This property is affordably priced, offers endless potential, and is centrally located in highly sought after neighborhoodan opportunity not to be missed! Broker/Agent does not guarantee the accuracy of the square footage, lot size/dimensions.
  • Living Area: 2150
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 1
  • Year Built: 1923
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Kitchen
  • Total Bathrooms: 3.00
  • Equipment: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Price Per S Q F T: 780.93

Exterior Features

  • Construction: Stucco
  • Tennis Court Y/N: No
  • Guest House: Detached
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Above Street Level, Carport Attached
  • Total Parking: 4

Utilities

  • Heating: Forced Air

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4236-008-010
  • Geocode Override: No
  • Lot Size Area: 5847

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2020
Sold by
Hu Jimmy Kuang-Hsien and Hu Amanda Clair
Bought by
Nottke Hu Family Trust and Hu
Current Estimated Value
$2,298,605

Purchase Details

Listed on
Dec 9, 2018
Closed on
Jan 17, 2019
Sold by
Cullen Brian J and Cullen Michelle L
Bought by
Hu Jimmy Kuang Hsien and Nottke Amanda Clair
Seller's Agent
David Fowler
Estate Properties
Buyer's Agent
Benyamin Illulian
Keller Williams Los Angeles
List Price
$1,679,000
Sold Price
$1,649,000
Premium/Discount to List
-$30,000
-1.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.07%
Original Mortgage
$1,000,000
Interest Rate
4.5%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Mar 1, 2017
Sold by
Cullen Brian
Bought by
Cullen Brian J and Cullen Michelle L

Purchase Details

Closed on
May 24, 2004
Sold by
Page Elsie M and The Pearl G Chandler Trust
Bought by
Cullen Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
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
Nottke Hu Family Trust -- None Listed On Document
Hu Jimmy Kuang Hsien $1,649,000 Progressive Title Company
Cullen Brian J -- None Available
Cullen Brian -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hu Jimmy Kuang Hsien $1,000,000
Previous Owner Cullen Brian $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2019 02/08/19 Sold $1,649,000 -1.8% $767 / Sq Ft
01/09/2019 01/09/19 Pending -- -- --
12/09/2018 12/09/18 For Sale $1,679,000 0.0% $781 / Sq Ft
05/09/2015 05/09/15 Rented $4,500 -10.0% --
05/09/2015 05/09/15 Under Contract -- -- --
03/27/2015 03/27/15 For Rent $5,000 -- --
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 $21,918 $1,839,487 $1,115,517 $723,970
2024 $21,918 $1,803,420 $1,093,645 $709,775
2023 $21,492 $1,768,059 $1,072,201 $695,858
2022 $20,490 $1,733,392 $1,051,178 $682,214
2021 $20,240 $1,699,405 $1,030,567 $668,838
2019 $7,315 $597,281 $382,363 $214,918
2018 $7,215 $585,570 $374,866 $210,704
2016 $6,898 $562,833 $360,310 $202,523
2015 $6,798 $554,379 $354,898 $199,481
2014 $6,827 $543,521 $347,947 $195,574
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-413494

The MLS

APN: 4236-008-010