NOT LISTED FOR SALE

Estimated Value: $1,311,995 - $1,605,000

1 Bed
1 Bath
480 Sq Ft
$2,989/Sq Ft Est. Value

Last Sold August 07, 2024

Last sale price $1,275,000 $2,656 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $7,587/month

30 Days on Market

Highlights

  • No HOA
  • Rustic Architecture
  • Living Room
  • Coeur D'Alene Avenue Elementary School Rated A-
  • Breakfast Bar
  • 5-minute walk to Linnie Canal Park

About This Home

As of August 2024

Introducing a charming 1 bedroom, 1 bathroom unit nestled in the vibrant heart of Venice, CA, a beachside haven that embodies coastal living at its finest. Step into this inviting space, where laminate wood flooring adds warmth and character throughout. The kitchen, complete with ample storage and a convenient laundry area, offers functionality without compromising on style. With 480 square feet of thoughtfully designed living space, this updated unit offers comfort and functionality in equal measure. Outside, a generously sized yard awaits, providing a tranquil oasis for relaxation or entertaining under the California sun, complemented by an invigorating outdoor shower for a refreshing rinse after a day at the beach. Parking is made easy with both on-site parking and ample street parking available. But the true allure of this property lies in its unbeatable location. Just a stone's throw away from Venice Beach, the iconic boardwalk, and the serene Venice Canals. Whether it's a leisurely stroll along the beach, exploring the vibrant local art scene, or indulging in the diverse dining and shopping options nearby, this unit offers endless possibilities for entertainment and relaxation. For those seeking the ultimate beachside retreat with modern comforts and unparalleled convenience, look no further than this charming unit in Venice, CA. Experience the best of coastal living in this charming Venice Beach retreat. Zoning is LARD 1.5.

Last Agent to Sell the Property

Mark Cianciulli

The CREM Group License #01990266 Listed on: 05/01/2024

Last Buyer's Agent

Leticia Munoz

The CREM Group License #01969976

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1921

Lot Details

  • 2,640 Sq Ft Lot
  • Lot Dimensions are 30x88
  • Wood Fence
  • Property is zoned LARD1.5

Home Design

  • Rustic Architecture
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 480 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Living Room
  • Laminate Flooring
  • Laundry in Kitchen

Kitchen

  • Breakfast Bar
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Shower Only

Parking

  • 2 Open Parking Spaces
  • Driveway
  • On-Street Parking

Utilities

  • Heating System Mounted To A Wall or Window
  • Gas Water Heater
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4226-018-016

Home Details

Home Type

Single Family

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Rustic
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Ground Level w/steps
  • Living Area: 480
  • Lot Acreage: 0.0607
  • Lot Dimensions: 30x88
  • Planned Urban Dev: 0
  • Probate: Yes
  • Stories: 1
  • Year Built: 1921
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Recessed Lighting
  • Flooring: Wood Laminate
  • Appliances: Gas
  • Bedrooms: 1
  • Fireplaces: 0
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Stall
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Counter / Bar
  • Kitchen Features: Island, Counter Top
  • Laundry: In Kitchen
  • Total Bathrooms: 1.00
  • Equipment: Dishwasher, Ceiling Fan
  • Fireplace: No
  • Price Per S Q F T: 2593.75

Exterior Features

  • Construction: Stucco
  • Other Structures: None
  • Tennis Court Y/N: No
  • Foundation Details: Slab
  • Fence: Wood
  • Pool: No
  • Roof: Composition, Shingle
  • Spa Yn: No
  • View: No

Garage/Parking

  • Other Spaces: 2
  • Parking Garage: Driveway, On street

Utilities

  • Water Heater: Gas
  • Heating: Wall
  • Sewer: In Street
  • Water: Public

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4226-018-016
  • Lot Location: Alley Access
  • Lot Size Area: 2640

Rental Info

  • Court Approve: No
  • Land Lease Purchase Yn: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2024
Closed on
Jul 31, 2024
Sold by
Burrows Bernarr Franklin
Bought by
2511 Pacific Avenue Llc
Seller's Agent
Mark Cianciulli
The CREM Group
Buyer's Agent
Leticia Munoz
The CREM Group
List Price
$1,245,000
Sold Price
$1,275,000
Premium/Discount to List
$30,000
2.41%
Views
63
Current Estimated Value
$1,434,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,749
Avg. Annual Appreciation
8.54%
Original Mortgage
$956,250
Interest Rate
6.86%
Mortgage Type
New Conventional
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

Date Buyer Sale Price Title Company
2511 Pacific Avenue Llc $1,275,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 2511 Pacific Avenue Llc $956,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2024 08/07/24 Sold $1,275,000 +2.4% $2,656 / Sq Ft
05/31/2024 05/31/24 Pending -- -- --
05/01/2024 05/01/24 For Sale $1,245,000 -- $2,594 / Sq Ft
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 $1,016 $1,275,000 $1,250,000 $25,000
2024 $1,016 $68,678 $52,610 $16,068
2023 $1,004 $67,332 $51,579 $15,753
2022 $966 $66,013 $50,568 $15,445
2021 $950 $64,720 $49,577 $15,143
2019 $926 $62,802 $48,107 $14,695
2018 $871 $61,571 $47,164 $14,407
2016 $833 $59,183 $45,334 $13,849
2015 $822 $58,295 $44,654 $13,641
2014 $836 $57,154 $43,780 $13,374
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-386403

The MLS

APN: 4226-018-016