$1,375,000
$170K PRICE DROP

Estimated payment $9,988/month

Total Views 7,233
2 Beds
2 Baths
1,450 Sq Ft
$948 Price per Sq Ft

Highlights

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

About This Home

We just did a massive price reduction and it is priced to sell as a result no credits or repairs will be issued. This is a fantastic deal for any buyer. Move in ready stunning Ocean View 2Bed 2Bath Penthouse, featuring a spacious loft and private rooftop deck with refreshing ocean breezes and downtown views. Ideal for the Silicon Beach tech community, this updated unit offers smart lighting switches for all of your smart devices and wiring for surround sound, perfect for movie nights. Enjoy three fantastic outdoor patios that blend indoor and outdoor living, showcasing magical ocean views and the sparkling lights of downtown LA. The location is unbeatable, situated right on the renowned Main Street, just one block from the beach and a short walk to Abbot Kinney! The penthouse boasts an updated modern kitchen and bathrooms. With the best shopping, dining, and entertainment at your doorstep, you can easily stroll on the beach, bike along the boardwalk, grab a coffee, or dine at some of Venice's finest restaurants. Experience beach chic with a contemporary loft-like ambiance, featuring high vaulted ceilings, large windows, and an abundance of natural light. This modern kitchen is equipped with quartz countertops and stainless steel appliances. This property is truly a must-see. Take advantage of this pricing as you walk into equity.

Listing Agent

Richard Kotowicz

Compass License #01988888 Listed on: 06/04/2025

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,632

Year Built

  • Built in 1989

HOA Fees

  • $991 Monthly HOA Fees

Property Views

  • Ocean
  • Skyline
  • Mountain
  • Pool

Home Design

  • Penthouse

Interior Spaces

  • 1,450 Sq Ft Home
  • 3-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Loft
  • Laminate Flooring

Kitchen

  • Breakfast Bar
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Gated Parking
  • Parking Garage Space

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4286-017-085

Community Details

Overview

  • 66 Units

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,632

Year Built

Built in 1989

Lot Details

0

HOA Fees

$991 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Penthouse
  • Levels: Two
  • Street Number Display: Yes
  • Complex Name: Venice Renaissance
  • Entry Floor: 3
  • Living Area: 1450
  • Lot Acreage: 1.6850
  • Planned Urban Dev: 0
  • Stories: 3
  • Unit Floor In Building: 3
  • Year Built: 1989
  • Number Of Photos: 26
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Laminate
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Water Line to Refrigerator, Washer, Refrigerator, Microwave, Dryer, Dishwasher
  • Price Per S Q F T: 948.28

Exterior Features

  • Pool Description: Association Pool
  • Pool: Yes
  • View: Skyline, Mountains, Ocean, Water, Pool
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Community Garage

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Amenities: Gated Parking, Pool
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 991.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4286-017-085
  • Lot Size Area: 73400

Multi Family

  • Number Of Units: 66

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $17,632 $1,444,593 $1,070,227 $374,366
2024 $17,632 $1,416,269 $1,049,243 $367,026
2023 $17,279 $1,388,500 $1,028,670 $359,830
2022 $16,490 $1,361,275 $1,008,500 $352,775
2021 $16,295 $1,334,584 $988,726 $345,858
2019 $15,816 $1,295,000 $959,400 $335,600
2018 $14,691 $1,180,951 $923,523 $257,428
2016 $13,650 $1,135,095 $887,662 $247,433
2015 $11,326 $940,000 $700,000 $240,000
2014 $10,954 $888,000 $695,000 $193,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2025 07/29/25 Price Changed $1,375,000 -5.2% $948 / Sq Ft
06/19/2025 06/19/25 Price Changed $1,450,000 -2.7% $1,000 / Sq Ft
06/04/2025 06/04/25 For Sale $1,490,000 0.0% $1,028 / Sq Ft
06/02/2025 06/02/25 Off Market $1,490,000 -- --
05/28/2025 05/28/25 Price Changed $1,490,000 0.0% $1,028 / Sq Ft
05/14/2025 05/14/25 Price Changed $6,950 -2.8% $5 / Sq Ft
04/14/2025 04/14/25 For Rent $7,150 0.0% --
04/02/2025 04/02/25 Price Changed $1,525,000 -1.3% $1,052 / Sq Ft
01/31/2025 01/31/25 For Sale $1,545,000 0.0% $1,066 / Sq Ft
06/11/2021 06/11/21 Rented $6,300 0.0% --
06/11/2021 06/11/21 Under Contract -- -- --
05/20/2021 05/20/21 For Rent $6,300 -- --
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,295,000 Chicago Title Company
Grant Deed -- None Available
Grant Deed -- None Available
Grant Deed -- Equity Title Company
Grant Deed $695,000 Provident
Grant Deed $512,500 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,011,306 New Conventional
Closed $1,029,000 New Conventional
Closed $1,036,000 New Conventional
Previous Owner $800,000 Fannie Mae Freddie Mac
Previous Owner $825,000 Fannie Mae Freddie Mac
Previous Owner $392,500 Credit Line Revolving
Previous Owner $350,000 Unknown
Previous Owner $560,000 Unknown
Previous Owner $556,000 Purchase Money Mortgage
Previous Owner $160,000 Unknown
Previous Owner $80,000 No Value Available
Source: Public Records

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Source: The MLS

MLS Number: 25492515

The MLS

APN: 4286-017-085