NOT LISTED FOR SALE

2500 Abbot Kinney Blvd Unit 8 Venice, CA 90291

Venice Neighborhood

Estimated Value: $927,714 - $1,063,000

2 Beds
2.5 Baths
930 Sq Ft
23,431 Sq Ft Lot

Last Sold April 05, 2023

Last sale price $944,000 $1,015 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $6,612/month

172 Days on Market

Highlights

  • Two Primary Bedrooms
  • 0.54 Acre Lot
  • Contemporary Architecture
  • Coeur D'Alene Avenue Elementary School Rated A-
  • Two Primary Bathrooms
  • Wood Flooring

About This Home

As of April 2023

This 2BR/2.5BA Venice Beach townhouse (a rarity in the area) is not only close to all the beach has to offer, but is also in proximity to the offerings of world-famous Abbot Kinney Boulevard. Dive-in to quintessential beach character and charm inside this townhome's living spaces. Its living room has a fireplace, custom built-ins, and a deco-style coffered ceiling. Sliding glass doors lead to a private patio where you can enjoy morning coffee and afternoon beach weather. #8's kitchen features stainless-steel appliances and a convenient breakfast/cocktail bar that opens up a dining area. There is also a powder room on this floor. Both bedrooms are large and bright, and both en-suite with their own bathrooms. Large windows welcome the beach's sun and air. Central HVAC. BONUS ALERT: In-unit washer/dryer hook-ups. 2 gated/secured parking spots. Freshly renovated common areas. Nearby are Whole Foods, Scopa Italian Kitchen, Gjelina, and the incredible Venice Canals.

Last Agent to Sell the Property

Jeff Yarbrough

Keller Williams Beverly Hills License #01341959 Listed on: 09/16/2022

Keller Williams Beverly Hills

Co-Listed By

Robert Canova

Engel & Völkers Beverly Hills License #02131258

Last Buyer's Agent

Alphonso Lascano

Carolwood Estates License #01723550

Carolwood Estates

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1985 | Remodeled

Lot Details

  • 0.54

HOA Fees

  • $480 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor

Interior Spaces

  • 930 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Living Room
  • Dining Area
  • Wood Flooring
  • Laundry in unit

Kitchen

  • Breakfast Bar
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Master Bedroom
  • Two Primary Bathrooms

Parking

  • 2 Parking Spaces
  • Parking Garage Space
  • Controlled Entrance

Utilities

  • Air Conditioning
  • Central Heating
  • Sewer in Street

Additional Features

  • Open Patio
  • Gated Home

Listing and Financial Details

  • Assessor Parcel Number 4237-013-028

Community Details

Overview

  • Association fees include water and sewer paid
  • 29 Units
  • Paragon Association

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1985 | Remodeled

Lot Details

0.54 Acres

HOA Fees

$480 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: 2500 Abbot Kinney
  • Entry Floor: 1
  • Living Area: 930
  • Lot Acreage: 0.5379
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Year Built: 1985
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Gas
  • Flooring: Hardwood
  • Appliances: Built-Ins
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: 2 Master Baths
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Equipment: Ceiling Fan, Dishwasher
  • Fireplace: Yes
  • Price Per S Q F T: 1069.89

Exterior Features

  • Other Structures: None
  • Patio: Patio Open
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Community Garage, Controlled Entrance, Covered Parking
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Gated
  • Sewer: In Street
  • Water: In Street

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Water and Sewer Paid
  • HOA Fees: 480.00
  • Management Company: Paragon
  • Mgmt Co Phone: 3104901524|
  • HOA: Yes

Association/Amenities

  • Pet Rules: Pets Permitted, Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4237-013-028
  • Lot Size Area: 23433

Multi Family

  • Number Of Units: 29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2022
Closed on
Apr 3, 2023
Sold by
Vo Myduyen
Bought by
Nguyen Lam
Seller's Agent
Jeff Yarbrough
Keller Williams Beverly Hills
Buyer's Agent
Alphonso Lascano
Carolwood Estates
List Price
$995,000
Sold Price
$944,000
Premium/Discount to List
-$51,000
-5.13%
Views
111
Current Estimated Value
$980,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,679
Avg. Annual Appreciation
1.30%
Original Mortgage
$344,000
Outstanding Balance
$332,051
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$648,628

Purchase Details

Listed on
Sep 16, 2022
Closed on
Mar 21, 2023
Sold by
Gunn Karey L and Gunn Dana S
Bought by
Nguyen Lam Ngoc and Nguyen Julie Vo
Seller's Agent
Jeff Yarbrough
Keller Williams Beverly Hills
Buyer's Agent
Alphonso Lascano
Carolwood Estates
List Price
$995,000
Sold Price
$944,000
Premium/Discount to List
-$51,000
-5.13%
Views
111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Outstanding Balance
$332,051
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$648,628

Purchase Details

Closed on
Oct 4, 2005
Sold by
Gunn Karey L
Bought by
Gunn Karey L

Purchase Details

Closed on
Jul 22, 2005
Sold by
Gunn Dana S
Bought by
Gunn Karey L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
5.06%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 27, 1993
Sold by
Kaplan Leon S
Bought by
Gunn Karey L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
4.1%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Nguyen Lam -- Fidelity National Title
Nguyen Lam Ngoc $944,000 Fidelity National Title
Gunn Karey L -- Landamerica
Gunn Karey L -- New Century Title Company
Gunn Karey L $210,000 South Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Lam Ngoc $344,000
Previous Owner Gunn Karey L $359,650
Previous Owner Gunn Karey L $157,500
Closed Gunn Karey L $21,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2023 04/05/23 Sold $944,000 -5.1% $1,015 / Sq Ft
03/07/2023 03/07/23 Pending -- -- --
02/04/2023 02/04/23 Price Changed $995,000 0.0% $1,070 / Sq Ft
02/04/2023 02/04/23 For Sale $995,000 -0.4% $1,070 / Sq Ft
01/17/2023 01/17/23 Pending -- -- --
12/01/2022 12/01/22 Price Changed $999,000 -4.8% $1,074 / Sq Ft
09/16/2022 09/16/22 For Sale $1,049,000 -- $1,128 / Sq Ft
Source: The MLS

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 $11,682 $982,137 $760,116 $222,021
2024 $11,682 $962,880 $745,212 $217,668
2023 $4,248 $343,046 $179,690 $163,356
2022 $4,053 $336,320 $176,167 $160,153
2021 $3,998 $329,726 $172,713 $157,013
2019 $3,879 $319,949 $167,592 $152,357
2018 $3,864 $313,676 $164,306 $149,370
2016 $3,692 $301,498 $157,927 $143,571
2015 $3,638 $296,970 $155,555 $141,415
2014 $3,657 $291,153 $152,508 $138,645
Source: Public Records

Agents Affiliated with this Home

  • Jeff Yarbrough

    Seller's Agent in 2023

    Jeff Yarbrough

    Keller Williams Beverly Hills

    (323) 854-4300

    6 in this area

    162 Total Sales

    Jeff Yarbrough
    Section Image
  • Robert Canova

    Seller Co-Listing Agent in 2023

    Robert Canova

    Engel & Völkers Beverly Hills

    (310) 777-7510

    3 in this area

    57 Total Sales

    Robert Canova
    Section Image
  • Alphonso Lascano

    Buyer's Agent in 2023

    Alphonso Lascano

    Carolwood Estates

    (818) 800-8848

    6 in this area

    164 Total Sales

    Alphonso Lascano
    Section Image
  • Alexia Assouline

    Buyer Co-Listing Agent in 2023

    Alexia Assouline

    The Beverly Hills Estates

    (310) 800-8631

    1 in this area

    11 Total Sales

    Alexia Assouline
    Section Image
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Map

Source: The MLS

MLS Number: 22-200093

The MLS

APN: 4237-013-028

California Los Angeles County Venice 90291 Venice

2500 Abbot Kinney Blvd Unit 8, Venice, CA

Not Listed for Sale

Condos

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