NOT LISTED FOR SALE

Estimated Value: $1,465,717 - $2,586,000

2 Beds
2 Baths
1,540 Sq Ft
1.68 Acres

Last Sold March 31, 2016

Last sale price $1,350,000 $877 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $10,751/month

Highlights

  • Ocean View
  • Gated with Attendant
  • In Ground Pool
  • Venice High School Rated A
  • Penthouse
  • 4-minute walk to South Beach Park

About This Home

As of February 2023

An amazing 2 bedroom plus loft penthouse in the heart of Venice. This prime unit at The Venice Renaissance provides a bright & open floor-plan with high ceilings, a step-down living room, loft, huge windows, ocean views, pool / spa, and two private outdoor spaces. Secured access controlled building, with a security guard present on the premises. Conveniently located on Main Street, this unit gives you immediate access to some of the best bars, restaurants, shopping and nightlife that the west-side has to offer. Being walking distance to the beach, Abbot Kinney, and Main Street, you are in the center of the action here!

Last Agent to Rent the Property

Arman Mahmoodi

Keller Williams Beverly Hills License #01945581 Listed on: 01/02/2023

Keller Williams Beverly Hills

Co-Listed By

Chris Soffer

The Beverly Hills Estates License #02076730

Last Renter's Agent

Arman Mahmoodi

Keller Williams Beverly Hills License #01945581 Listed on: 01/02/2023

Keller Williams Beverly Hills

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1989 | Remodeled

Lot Details

  • 1.68

Parking

  • 2 Car Garage
  • Side by Side Parking
  • Gated Parking
  • Guest Parking
  • Controlled Entrance

Property Views

  • Ocean
  • Coastline
  • City Lights
  • Trees
  • Pool
  • Courtyard

Home Design

  • Penthouse
  • Contemporary Architecture
  • Entry on the 3rd floor

Interior Spaces

  • 1,540 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Loft
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer

Home Security

Outdoor Features

  • In Ground Pool
  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $15,000
  • Tenant pays for electricity, cable TV, move in fee, move out fee
  • Rent includes water, trash collection, pool, association dues, gas
  • 1-Month Minimum Lease Term
  • 12 Month Lease Term
  • Assessor Parcel Number 4286-017-084

Community Details

Overview

  • Association fees include water and sewer paid, trash
  • 60 Units
  • Maintained Community

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Gated with Attendant
  • Card or Code Access
  • Carbon Monoxide Detectors

Condo Details

Home Type

Condominium

Year Built

Built in 1989 | Remodeled

Lot Details

0

Parking

2

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Furnished: Furnished Or Unfurnished
  • Lease Length: 1
  • Not Included In Rent: Utilities
  • Rent Excludes: All utilities
  • Rent Includes: Water, Trash Collection, Pool, Association Dues, Gas
  • Security Deposit: 15000
  • Tenant Pays: Electricity, Cable TV, Move In Fee, Move Out Fee
  • Transfer Fee Paid By: Tenant

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Single Family Or Apt: Condo/Apt
  • Levels: Two
  • Street Number Display: Yes
  • Advertising Remarks: An amazing 2 bedroom plus loft penthouse in the heart of Venice. This prime unit at The Venice Renaissance provides a bright & open floor-plan with high ceilings, a step-down living room, loft, huge windows, ocean views and two private outdoor spaces. Conveniently located on Main Street, this unit gives you immediate access to some of the best bars, restaurants, shopping and nightlife that the west-side has to offer. Being walking distance to the beach, Abbot Kinney, and Main Street, you are in the center of the action here!
  • Entry Floor: 3
  • Lease Terms: 1-Year
  • Living Area: 1540
  • Lot Acreage: 1.6846
  • Monthto Month: No
  • Property Condition: Updated/Remodeled
  • Stories: 3
  • Water Filled Furn Ins Required: Yes
  • Year Built: 1989
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas, Living Room
  • Flooring: Wood
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Dryer, Elevator, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 4.87

Exterior Features

  • Balcony: Yes
  • Other Features: Balcony, High Ceilings (9 Feet+)
  • Pool Description: Association Pool
  • Pool: Yes
  • View: Ocean, City, City Lights, Pool, Courtyard, Tree Top, Coastline
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Gated Underground, Side By Side, Covered Parking, Controlled Entrance, Parking for Guests - Onsite, Parking for Guests
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated Community with Guard, Card/Code Access, Carbon Monoxide Detector(s)

Association/Amenities

  • Amenities: Pool, Assoc Maintains Landscape, Controlled Access, Gated Parking
  • Pet Rules: Assoc Pet Rules, Call

Condo/Co-op/Association

  • Association Fees Include: Water and Sewer Paid, Trash
  • Unit Location: Penthouse

Lot Info

  • Assessor Parcel Number: 4286-017-084
  • Lot Size Area: 73379

Multi Family

  • Number Of Units: 60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2015
Closed on
Mar 23, 2016
Sold by
Navon David
Bought by
The David Daniel Navon & Virginia Overto
Seller's Agent
Ellen McCormick
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Tab Howard
Hilton Hilton
List Price
$1,499,000
Sold Price
$1,350,000
Premium/Discount to List
-$149,000
-9.94%
Current Estimated Value
$1,763,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$413,929
Avg. Annual Appreciation
2.76%
Original Mortgage
$900,000
Outstanding Balance
$717,511
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,046,418

Purchase Details

Closed on
Oct 29, 2015
Sold by
Ramirez Seijas Nicole
Bought by
Chavira Michael P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,080,000
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 8, 2007
Sold by
Weinstein Mark
Bought by
Chavira Michael P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$860,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
The David Daniel Navon & Virginia Overto -- None Available
Navon David $1,350,000 California Title Company
Chavira Michael P -- Lawyers Title
Chavira Michael P $1,075,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Navon David $900,000
Previous Owner Chavira Michael P $1,080,000
Previous Owner Chavira Michael P $860,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/13/2023 02/13/23 Rented $7,300 -2.7% --
01/02/2023 01/02/23 For Rent $7,500 +7.9% --
12/01/2021 12/01/21 Rented $6,950 0.0% --
11/08/2021 11/08/21 For Rent $6,950 +2.2% --
11/01/2018 11/01/18 Rented $6,800 -1.4% --
10/31/2018 10/31/18 For Rent $6,900 0.0% --
10/29/2018 10/29/18 Under Contract -- -- --
10/04/2018 10/04/18 Price Changed $6,900 -8.0% $4 / Sq Ft
07/10/2018 07/10/18 For Rent $7,500 -5.1% --
04/19/2017 04/19/17 Rented $7,900 +5.3% --
03/31/2017 03/31/17 For Rent $7,500 0.0% --
03/31/2016 03/31/16 Sold $1,350,000 -5.3% $895 / Sq Ft View Prior Sale
01/07/2016 01/07/16 Price Changed $1,425,000 -4.9% $945 / Sq Ft
11/06/2015 11/06/15 For Sale $1,499,000 0.0% $994 / Sq Ft
02/13/2013 02/13/13 Rented $5,500 0.0% --
02/13/2013 02/13/13 Under Contract -- -- --
01/25/2013 01/25/13 For Rent $5,500 -- --
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 $19,433 $1,598,122 $651,086 $947,036
2024 $19,433 $1,566,787 $638,320 $928,467
2023 $19,043 $1,536,066 $625,804 $910,262
2022 $18,171 $1,505,948 $613,534 $892,414
2021 $17,957 $1,476,420 $601,504 $874,916
2019 $17,427 $1,432,630 $583,664 $848,966
2018 $17,361 $1,404,540 $572,220 $832,320
2016 $14,621 $1,216,652 $905,870 $310,782
2015 $11,563 $960,000 $560,000 $400,000
2014 $10,831 $878,000 $653,000 $225,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-228497

The MLS

APN: 4286-017-084