NOT LISTED FOR SALE

Estimated Value: $1,113,000 - $1,834,949

2 Beds
1 Bath
544 Sq Ft
$2,738/Sq Ft Est. Value

Last Sold June 23, 2017

Last sale price $725,000 $1,333 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $8,935/month

15 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 3-minute walk to Linnie Canal Park
  • Venice High School Rated A
  • 1-Story Property

About This Home

As of June 2017

Owner is to busy to build, so here is your amazing opportunity to build a super cool hi tech Venice beach pad! Property is about 2 blocks from beach and 1/2 block from Abbott Kinney. Location, location, location! Owner has done a ton of research with city and has come up with some great designs to build, with an upstairs master bedroom and bath, that includes rooftop deck with possible ocean view. You can build the vision already designed, or come up with you own. Property currently in disrepair and property is being sold in "As Is' condition. Buyer to do there own due diligence. Seller warrants no property information or condition of property. TO SEE EXPANDABLE DESIGNS SEE ATTACHED SUPPLEMENTS SECTION OR ADDITIONAL PHOTOS SECTION UNDER MAP.

Last Agent to Sell the Property

David Hochman

TLC Real Estate Services Inc License #00769094 Listed on: 05/26/2017

Co-Listed By

Michelle Carrigan

Real Estate Xperts Inc. License #01408953

Last Buyer's Agent

Jeremy Tuite

COMPASS License #02011523

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,016

Year Built

  • Built in 1926

Lot Details

  • 1,085 Sq Ft Lot
  • No Landscaping
  • Property is zoned LAR3

Interior Spaces

  • 544 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • 1 Carport Space

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 15
  • Assessor Parcel Number 4238023030

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,016

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: LAR3
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4238023030
  • Year Built: 1926
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 544.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1332.72
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: No Landscaping
  • Lot Size Sq Ft: 1085.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2735.02
  • Tax Lot: 11
  • Tax Tract Number: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2017
Closed on
Jun 21, 2017
Sold by
O Rhyan Capital Management
Bought by
Schroeder Paul K
Seller's Agent
David Hochman
TLC Real Estate Services Inc
Buyer's Agent
Jeremy Tuite
COMPASS
List Price
$749,000
Sold Price
$725,000
Premium/Discount to List
-$24,000
-3.2%
Current Estimated Value
$1,489,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$764,487
Avg. Annual Appreciation
9.20%

Purchase Details

Closed on
Feb 27, 2017
Sold by
Mehta Sunil K
Bought by
O Rhyan Capital Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.19%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 21, 2017
Sold by
Mehta Jaclyn A
Bought by
Mehta Sunil K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.19%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 2, 2017
Sold by
Calabio Thelma P
Bought by
Mehta Sunil K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.19%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 23, 2016
Sold by
Gustafson Sher V
Bought by
Calabio Thelma

Purchase Details

Closed on
Aug 31, 2012
Sold by
Calabio Thelma
Bought by
Gustafson Sher

Purchase Details

Closed on
Oct 28, 2003
Sold by
Hensman John R
Bought by
Calabio Thelma P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Schroeder Paul K $725,000 Ticor Title
O Rhyan Capital Management Llc -- Provident Title Company
Mehta Sunil K -- Ticor Title
Mehta Sunil K $325,000 Ticor Title
Calabio Thelma -- None Available
Gustafson Sher -- None Available
Calabio Thelma P $150,000 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner O Rhyan Capital Management Llc $260,000
Previous Owner Hopson Edwin S $381,625
Previous Owner Calabio Thelma P $600,000
Previous Owner Calabio Thelma P $150,000
Previous Owner Calabio Thelma P $50,000
Previous Owner Calabio Thelma P $393,900
Previous Owner Calabio Thelma P $300,000
Previous Owner Calabio Thelma P $135,000
Previous Owner Hopson Edwin S $382,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2017 06/23/17 Sold $725,000 -3.2% $1,333 / Sq Ft
06/10/2017 06/10/17 Pending -- -- --
05/26/2017 05/26/17 For Sale $749,000 -- $1,377 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $10,016 $841,420 $841,420 --
2024 $10,016 $824,922 $824,922 --
2023 $9,823 $808,748 $808,748 $0
2022 $9,365 $792,891 $792,891 $0
2021 $9,252 $777,345 $777,345 $0
2019 $8,973 $754,290 $754,290 $0
2018 $8,942 $739,500 $739,500 $0
2016 $7,049 $583,931 $553,285 $30,646
2015 $6,945 $575,161 $544,975 $30,186
2014 $6,972 $563,895 $534,300 $29,595
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS17118225

California Regional Multiple Listing Service (CRMLS)

APN: 4238-023-030