NOT LISTED FOR SALE

Estimated Value: $995,000 - $1,076,736

2 Beds
2 Baths
1,188 Sq Ft
$823/mo HOA Fee

Last Sold December 20, 2024

Last sale price $995,000 $838 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $7,057/month

21 Days on Market

Highlights

  • Valet Parking
  • Ocean View
  • In Ground Pool
  • Venice High School Rated A
  • 24-Hour Security
  • 4-minute walk to South Beach Park

About This Home

As of December 2024

The holidays come early with the best deal in Venice! Discover Mediterranean-inspired, ocean view living two blocks from iconic Venice Beach in this 2 bed 2 bath 1188 sq ft gem for under $1M! This light-filled, first floor residence boasts an open floor plan with oak hardwood floors, soaring ceilings and expansive windows that welcome abundant natural light and refreshing ocean breezes. The European-inspired gourmet kitchen includes all new LG smart appliances & custom cabinetry complete with granite countertops, ideal for entertaining. And entertaining comes easy in the step-down living room with fireplace, vaulted ceilings and large patio overlooking the garden courtyard with ocean view, offering the best of coastal living. Whether lounging or enjoying a tasty meal and drinks, the patio is the perfect place to enjoy the evening sunset & indoor/outdoor lifestyle.The primary suite bedroom feels spacious and luxurious with a room for a Cali-King bed and private patio. The spa-like en-suite bathroom has 2 vanities and frameless glass walk-in rain shower. This primary suite would not be complete without the large walk-in closet. The second bedroom is cozy and can perfectly double as a work-from-home office. The second bathroom offers a large soaking tub and shower to complete this spa-like home, along with in-unit laundry & dryer. Communal amenities include a sundeck, pool and jacuzzi. Also included is 24hr guarded & gated underground parking garage, 2 side-by-side designated parking spots with personal storage and 20 additional parking vouchers for guests per month. The elevator is conveniently located directly in front of this unit's parking spots, making grocery shopping a breeze! Just outside the ground floor elevator entrance, you will find endless choices for food, drinks, coffee shops, retail shopping, nightlife, and delightful weekend farmers market, all just a block from the beach and Pacific Ocean! Rose Avenue and Abbot Kinney Blvd are also close by. A perfect living location for young tech entrepreneurs working in Silicone Beach tech companies, like Google, Pledge, Snap, Pinwheel, Zefr, Crexi & more! Also a great investment property, current rent is just under $5k per month. Located in the Iconic Venice Renaissance building, designed by Johannes Van Tilburg & Partners, nationally recognized pioneer in mixed-use design, the building was completed in 1989. Offering residents a prime location at the intersection of Venice's vibrant beach culture and Santa Monica's upscale ambiance. This 66 unit complex embodies the laid-back artistic spirit of Venice. This is an incredible opportunity and at $995,000 it's priced to move fast! Broker and broker's agents do not represent or guarantee the accuracy of the square footage, lot size or lot lines/ dimensions, school boundary lines or eligibility, or other information concerning the conditions or features of the property. Buyer is advised to independently verify the accuracy. No studies or reports are currently available.

Last Agent to Sell the Property

Karma Auger

Sotheby's International Realty License #02164341 Listed on: 11/11/2024

Co-Listed By

Shen Schulz

Sotheby's International Realty License #01327630

Last Buyer's Agent

Tara Burns

Compass License #02138268

Compass

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1989 | Remodeled

Lot Details

  • South Facing Home
  • Gated Home

HOA Fees

  • $823 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Storage or Cabinetry
  • Side by Side Parking
  • Garage Door Opener
  • Guest Parking
  • Controlled Entrance

Property Views

  • Ocean
  • Coastline
  • City Lights
  • Trees
  • Courtyard

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1,188 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Gas Fireplace
  • Vertical Blinds
  • Drapes & Rods
  • Window Screens
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring
  • Security Lights

Kitchen

  • Gourmet Kitchen
  • Breakfast Bar
  • Convection Oven
  • Gas Cooktop
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Open Patio
  • Wrap Around Porch

Location

  • Property is near public transit
  • City Lot

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 4286-017-031

Community Details

Overview

  • Association fees include building and grounds, maintenance paid, trash, sewer, security
  • 66 Units
  • Venice Renaissance Association, Phone Number (310) 645-9921
  • Low-Rise Condominium
  • Maintained Community

Amenities

  • Valet Parking
  • Sundeck
  • Trash Chute
  • Elevator
  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Security

  • 24-Hour Security
  • Controlled Access
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 1989 | Remodeled

Lot Details

0

HOA Fees

$823 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Combo - Res & Com
  • Style: Contemporary Mediterranean
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: Venice Renaissance
  • Entry Floor: 1
  • Entry Location: Elevator
  • Exclusions: All furniture, personal belongings & Art
  • Living Area: 1188
  • Lot Acreage: 1.6850
  • Planned Urban Dev: 1
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 4
  • Year Built: 1989
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Open Floor Plan, Recessed Lighting
  • Fireplace Rooms: Living Room, Gas
  • Flooring: Hardwood, Mixed
  • Appliances: Convection Oven, Cooktop - Gas, Gas/Electric Range, Microwave
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Main Floor Bedroom, Main Floor Primary Bedroom
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Over Tub, Travertine, Double Vanity(s)
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Kitchen Features: Granite Counters, Gourmet Kitchen
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator, Stackable W/D Hookup, Washer, Water Line to Refrigerator
  • Fireplace: Yes
  • Inclusions: All appliances
  • Price Per S Q F T: 837.54
  • Windows: Drapes/Curtains, Screens, Vertical Blinds

Exterior Features

  • Direction Faces: South
  • Patio: Patio Open, Porch - Rear, Porch - Front, Wrap Around Porch
  • Pool Description: Association Pool, In Ground, Community
  • Pool: Yes
  • Spa: Heated, In Ground, Hot Tub
  • Spa Yn: Yes
  • View: Coastline, Ocean, Tree Top, Courtyard, City Lights
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Assigned, Built-In Storage, Controlled Entrance, Side By Side, Subterr Side by Side, Parking for Guests - Onsite, Door Opener, Community Garage
  • Total Parking: 2

Utilities

  • Water District: LADWP
  • Cooling: Central, Air Conditioning
  • Heating: Central
  • Security: Fire and Smoke Detection System, Exterior Security Lights, Community, Fire Sprinklers, Guarded, Gated, 24 Hour
  • Sewer: In Street
  • Water: District

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Controlled Access, Elevator, Extra Storage, Guest Parking, Pool
  • Pet Rules: Call, Pets Permitted, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Building and Grounds, Maintenance Paid, Trash, Sewer, Security
  • High Rise: Private Storage Lockers for Res, Passenger Elevator, On-Site Guard, Valet Parking, Trash Chute, Sun Deck
  • HOA Fees: 823.25
  • Management Company: Venice Renaissance
  • Mgmt Co Phone: 3106459921|121
  • Phone: 3106459921|121
  • HOA: Yes

Lot Info

  • Special Zoning: Coastal Commission, Rent Control, Property Report
  • Horses: No
  • Assessor Parcel Number: 4286-017-031
  • Lot Location: City, Near Public Transit
  • Lot Size Area: 73400

Multi Family

  • Number Of Units: 66

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2024
Closed on
Dec 10, 2024
Sold by
Brody Merson Family Trust and Brody Andrew Marc
Bought by
Lee Derrick
Seller's Agent
Karma Auger
Sotheby's International Realty
Buyer's Agent
Tara Burns
Compass
List Price
$995,000
Sold Price
$995,000
Views
292
Current Estimated Value
$1,041,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,184
Avg. Annual Appreciation
4.13%
Original Mortgage
$796,000
Outstanding Balance
$786,673
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$254,511

Purchase Details

Closed on
Apr 8, 2022
Sold by
Brody Andrew M and Brody Michelle A
Bought by
Brody Merson Family Trust and Brody

Purchase Details

Closed on
Jul 22, 2016
Sold by
Brody Andrew Marc
Bought by
Brody Andrew M and Merson Michelle A

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
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 17, 2004
Sold by
Brody Andrew Marc
Bought by
Brody Andrew Marc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,500
Interest Rate
5.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2002
Sold by
Neumann Clarke William
Bought by
Hsieh Mansi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
6.43%

Purchase Details

Closed on
Jul 31, 2002
Sold by
Delannoy Emmanuelle Laure
Bought by
Brody Andrew Marc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
6.43%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lee Derrick $995,000 Equity Title Company
Brody Merson Family Trust -- None Listed On Document
Brody Andrew M -- Fidelity National Title
Brody Andrew Marc -- Chicago Title Company
Hsieh Mansi -- Fidelity National Title Co
Brody Andrew Marc -- Fidelity National Title Co
Brody Andrew Marc $469,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Derrick $796,000
Previous Owner Brody Andrew M $450,000
Previous Owner Brody Andrew Marc $422,500
Previous Owner Brody Andrew Marc $300,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2024 12/20/24 Sold $995,000 0.0% $838 / Sq Ft
12/02/2024 12/02/24 Pending -- -- --
11/11/2024 11/11/24 For Sale $995,000 0.0% $838 / Sq Ft
08/22/2023 08/22/23 Rented $4,750 -3.9% --
08/22/2023 08/22/23 Under Contract -- -- --
08/02/2023 08/02/23 Price Changed $4,945 -10.0% $4 / Sq Ft
07/18/2023 07/18/23 Price Changed $5,495 -3.6% $5 / Sq Ft
07/10/2023 07/10/23 Price Changed $5,700 -5.7% $5 / Sq Ft
06/30/2023 06/30/23 For Rent $6,045 -- --
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 $8,513 $995,000 $643,700 $351,300
2024 $8,513 $665,930 $423,131 $242,799
2023 $8,339 $652,874 $414,835 $238,039
2022 $7,970 $640,073 $406,701 $233,372
2021 $7,872 $627,524 $398,727 $228,797
2019 $7,646 $608,912 $386,901 $222,011
2018 $7,593 $596,973 $379,315 $217,658
2016 $6,868 $573,794 $364,587 $209,207
2015 $6,766 $565,176 $359,111 $206,065
2014 $6,791 $554,106 $352,077 $202,029
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 24-461785

The MLS

APN: 4286-017-031