NOT LISTED FOR SALE

2478 1/2 Penmar Ave Unit 1/2 Los Angeles, CA 90291

Venice Neighborhood

Estimated Value: $3,177,402 - $4,452,000

4 Beds
4 Baths
4,141 Sq Ft
$961/Sq Ft Est. Value

About This Home

This home is located at 2478 1/2 Penmar Ave Unit 1/2, Los Angeles, CA 90291 and is currently estimated at $3,979,101, approximately $960 per square foot. 2478 1/2 Penmar Ave Unit 1/2 is a home located in Los Angeles County with nearby schools including Beethoven Street Elementary School, Mark Twain Middle School, and Venice High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 2, 2015
Sold by
Jkj Partners Inc
Bought by
Penmar Residence Venice Llc
Current Estimated Value
$3,979,101

Purchase Details

Closed on
Jun 26, 2013
Sold by
Aslan Residential I Llc
Bought by
Jkj Partners Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.98%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 16, 2012
Sold by
Elbahr Karim
Bought by
Aslan Residential I Llc

Purchase Details

Closed on
Jul 26, 2006
Sold by
Sry Llc
Bought by
Elbahr Karim

Purchase Details

Closed on
Apr 19, 2006
Sold by
El Bahr Karim
Bought by
Sry Llc

Purchase Details

Closed on
Jan 10, 2006
Sold by
Shapiro Barry G and Falcon Diane L
Bought by
Elbahr Karim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,000
Interest Rate
1.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 13, 2002
Sold by
Falcon Diane L and Shapiro Barry G
Bought by
Shapiro Barry G and Falcon Diane L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.78%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Penmar Residence Venice Llc $1,283,500 None Available
Jkj Partners Inc $700,000 First American Title Company
Aslan Residential I Llc -- None Available
Elbahr Karim -- Accommodation
Sry Llc -- None Available
Elbahr Karim $740,000 Gateway Title Company
Shapiro Barry G -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Penmar Residence Venice Llc $4,999,000
Closed Penmar Residence Venice Llc $2,190,000
Closed Penmar Residence Venice Llc $2,040,000
Closed Penmar Residence Venice Llc $1,800,000
Previous Owner Jkj Partners Inc $450,000
Previous Owner Jkj Partners Inc $350,000
Previous Owner Elbahr Karim $768,750
Previous Owner Elbahr Karim $205,000
Previous Owner Elbahr Karim $592,000
Previous Owner Shapiro Barry G $100,000
Previous Owner Falcon Diane L $60,000
Source: Public Records

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 $26,158 $2,195,508 $843,056 $1,352,452
2024 $26,158 $2,152,460 $826,526 $1,325,934
2023 $25,650 $2,110,256 $810,320 $1,299,936
2022 $24,449 $2,068,880 $794,432 $1,274,448
2021 $24,138 $2,028,314 $778,855 $1,249,459
2019 $16,452 $1,376,118 $722,910 $653,208
2018 $31,044 $2,580,716 $1,355,716 $1,225,000
2017 $15,991 $1,329,134 $1,329,134 $0
2016 $15,665 $1,303,073 $1,303,073 $0
2015 $8,644 $713,986 $713,986 $0
2014 $8,678 $700,000 $700,000 $0
Source: Public Records

Map

California Los Angeles County Los Angeles 90291 Venice

2478 1/2 Penmar Ave Unit 1/2, Los Angeles, CA

This home is located at 2478 1/2 Penmar Ave Unit 1/2, Los Angeles, CA 90291 and is currently estimated at $3,979,101, approximately $960 per square foot. 2478 1/2 Penmar Ave Unit 1/2 is a home located in Los Angeles County with nearby schools including Beethoven Street Elementary School, Mark Twain Middle School, and Venice High School.

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