NOT LISTED FOR SALE

245 7th Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,676,000 - $2,075,759

4 Beds
2 Baths
1,326 Sq Ft
$1,371/Sq Ft Est. Value

Sale Details

Date Sold: November 30, 2021

Last sale price $1,565,000 $1,180 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $11,304 / mo

133 Days on Market

Highlights

  • Deck
  • Living Room with Fireplace
  • 2 Car Garage
  • Broadway Elementary Rated A
  • Spanish Architecture
  • 3-minute walk to Ozone Park

About This Home

As of November 2021

Located in Venice's Rose Corridor, this ultra charming duplex features 2 detached bungalows, bonus detached office and phenomenal investment opportunity. Each with 2B + 1B, these light & bright Spanish style homes feature tons of natural lighting, their own private garage, in-unit laundry, private courtyards and decks and one charming detail after another. A tree lined courtyard adjoins this beautiful property to a wonderful work space/office for anyone looking to work from home or for extra income. Walkable to some of the best restaurants in all of the city, cute coffee shops and stores as well as famous LA beaches, this location cannot be beat. One unit and office will be delivered vacant at the close of escrow.

Last Agent to Sell the Property

Tyler Kunkle

Pardee Properties License #01965642 Listed on: 06/04/2021

Co-Listed By

Tamra Pardee

Pardee Properties License #01421451

Last Buyer's Agent

Marc Robinson

Keller Williams Beverly Hills License #01375831

Keller Williams Beverly Hills

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930 | Remodeled

Lot Details

  • 4,235 Sq Ft Lot
  • Gated Home
  • Property is zoned LARD2

Parking

  • 2 Car Garage

Home Design

  • Spanish Architecture
  • Flat Roof Shape
  • Clay Roof

Interior Spaces

  • 1,326 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Dryer
  • Washer

Additional Features

  • Deck
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units
  • Rent Control

Listing and Financial Details

  • The owner pays for water, gardener
  • Assessor Parcel Number 4240-001-031

Home Details

Home Type

Single Family

Year Built

Built in 1930 | Remodeled

Lot Details

4,235 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 1326
  • Lot Acreage: 0.0972
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1930
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Living Room
  • Bedrooms: 4
  • Common Walls: Detached/No Common Walls
  • Bathroom Features: Shower Over Tub, Tile
  • Laundry: In Unit, Inside, Laundry Area, In Kitchen
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Dryer, Freezer, Range/Oven, Washer
  • Price Per S Q F T: 1278.28

Exterior Features

  • Other Structures: None
  • Patio: Deck(s)
  • Pool: No
  • Roof: Clay, Flat
  • Spa Yn: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage - 1 Car, Garage, Garage Is Detached
  • Total Parking: 2

Utilities

  • Heating: Wall
  • Security: Gated

Lot Info

  • Assessed Improvement Percent: 11.39
  • Assessed Improvement Value: 60777
  • Assessed Land Percent: 88.61
  • Assessed Land Value: 472776
  • Total Assessed Value: 533553
  • Assessor Parcel Number: 4240-001-031
  • Lot Size Area: 4235

Rental Info

  • Owner Pays: Water, Gardener
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 16.97
  • Number Of Units: 2
  • Type Of Units: Bungalow

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2021
Closed on
Oct 20, 2021
Sold by
Bought by
Seller's Agent
Tyler Kunkle
Pardee Properties
Buyer's Agent
Marc Robinson
Keller Williams Beverly Hills
List Price
$1,795,000
Sold Price
$1,565,000
Premium/Discount to List
-$230,000
-12.81%
Current Estimated Value
$1,817,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,690
Avg. Annual Appreciation
3.38%
Original Mortgage
$1,173,750
Outstanding Balance
$1,067,421
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$750,269

Purchase Details

Closed on
Dec 13, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,850
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
6.74%

Purchase Details

Closed on
May 7, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
6.74%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,565,000 Stewart Title Of California In
-- North American Title
-- Fidelity National Title Co
$395,000 Equity Title Company
-- --
-- Equity Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,173,750
Previous Owner $520,000
Previous Owner $533,850
Previous Owner $316,000
Closed $39,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/30/2021 11/30/21 Sold $1,565,000 0.0% $1,180 / Sq Ft
10/15/2021 10/15/21 Pending -- -- --
09/27/2021 09/27/21 Off Market $1,565,000 -- --
09/10/2021 09/10/21 Price Changed $1,695,000 -5.6% $1,278 / Sq Ft
06/04/2021 06/04/21 For Sale $1,795,000 -- $1,354 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $19,900 $1,660,789 $1,273,449 $387,340
2024 $19,685 $1,628,226 $1,248,480 $379,746
2023 $19,301 $1,596,300 $1,224,000 $372,300
2022 $18,478 $1,565,000 $1,200,000 $365,000
2021 $6,560 $539,079 $477,673 $61,406
2020 $6,626 $533,553 $472,776 $60,777
2019 $6,366 $523,092 $463,506 $59,586
2018 $6,330 $512,836 $454,418 $58,418
2016 $6,052 $492,923 $436,773 $56,150
2015 $5,964 $485,520 $430,213 $55,307
2014 $5,995 $476,010 $421,786 $54,224
Source: Public Records

Agents Affiliated with this Home

  • Tyler Kunkle

    Seller's Agent in 2021

    Tyler Kunkle

    Pardee Properties

    (310) 993-7333

    17 in this area

    112 Total Sales

    Tyler Kunkle
    Section Image
  • Tamra Pardee

    Seller Co-Listing Agent in 2021

    Tamra Pardee

    Pardee Properties

    (310) 907-6517

    214 in this area

    796 Total Sales

    Tamra Pardee
    Section Image
  • Marc Robinson

    Buyer's Agent in 2021

    Marc Robinson

    Keller Williams Beverly Hills

    (323) 304-0892

    3 in this area

    31 Total Sales

    Marc Robinson
    Section Image
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Map

Source: The MLS

MLS Number: 21-743002

The MLS

APN: 4240-001-031

California Los Angeles County Venice 90291 Venice

245 7th Ave, Venice, CA

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The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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