NOT LISTED FOR SALE

Estimated Value: $2,821,000 - $4,268,000

3 Beds
2.5 Baths
3,808 Sq Ft
$930/Sq Ft Est. Value

Highlights

  • Ocean View
  • Rooftop Deck
  • Fireplace in Primary Bedroom
  • Venice High School Rated A
  • Primary Bedroom Suite
  • Wood Flooring

About This Home

As of October 2022

Sophisticated architectural modern masterpiece, designed by Steven Ehrlich, AIA in prime Venice location. Featured in 100 Best Homes in the World, the light-infused home seamlessly blends a minimalist aesthetic while encompassing both warmth and comfort throughout. Through the gated entrance, transport into your own private sanctuary as metal-frame sliders and roll-up glass doors open to a central courtyard from every room. The chef's kitchen includes a sub-zero refrigerator, modern wooden cabinets, an island, plus open shelving that looks out to incredible floor-to-ceiling built-ins surrounding a sleek fireplace in the living room. Transition to the second level and find 3 inviting spacious bedrooms, including the primary suite, which features ocean views, fireplace, dual closets, double sinks, bath with separate shower & spa tub. An additional flight of stairs leads to an entertaining roof deck with its very own fireplace, surrounded by expansive ocean and city views. The "Webster House" in the heart of Venice Beach, blocks from the boutique shops and world-class restaurants on Abbot Kinney Boulevard (called "the coolest block in America" by GQ magazine), and 1 1/2 blocks from the surf and sand of the world-famous Venice Boardwalk, the most popular tourist destination in Los Angeles.

Last Agent to Rent the Property

Michael Grady

The Agency License #01505317 Listed on: 08/28/2022

The Agency

Co-Listed By

Shane Willcox

The Agency License #01978241

Last Renter's Agent

Michael Grady

The Agency License #01505317 Listed on: 08/28/2022

The Agency

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • 3,674 Sq Ft Lot
  • Lot Dimensions are 30x122
  • Fenced Yard
  • Property is zoned LARD1.5

Parking

  • 2 Car Direct Access Garage
  • 1 Open Parking Space
  • Driveway

Property Views

  • Ocean
  • Trees
  • Courtyard

Home Design

  • Split Level Home

Interior Spaces

  • 3,808 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • High Ceiling
  • Family Room
  • Living Room with Fireplace
  • 3 Fireplaces
  • Dining Area
  • Alarm System

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone
  • Concrete

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Enclosed Patio or Porch
  • Outdoor Fireplace

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $34,000
  • Tenant pays for cable TV, electricity, insurance, gas, water, trash collection
  • 12 Month Lease Term
  • Assessor Parcel Number 4286-022-017

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

0

Parking

2

Rental Info

  • Credit Report Required: Yes
  • Land Lease Purchase Yn: No
  • Security Deposit: 34000
  • Tenant Pays: Cable TV, Electricity, Insurance, Gas, Water, Trash Collection

Listing Details

  • Property Type: Residential Lease
  • Style: Architectural
  • Single Family Or Apt: Single Family
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Sophisticated architectural modern masterpiece, designed by Steven Ehrlich, AIA in prime Venice location 1 blocks to the beach. Featured in 100 Best Homes in the World, the light infused home seamlessly blends a minimalist aesthetic, while encompassing both warmth and comfort throughout. Through the gated entrance, transport into your own private sanctuary as metal-frame sliders and roll-up glass doors open to a central courtyard from every room. Chefs' kitchen includes a sub-zero refrigerator, modern wooden cabinets, island, plus open shelving that looks out to incredible floor-to-ceiling built-ins surrounding a sleek fireplace in the living room. Additional amenities include: rooftop deck with ocean views and fireplace, direct access 2 car garage and primary suite with ocean views, fireplace, dual closets, double sinks, bath with separate shower & spa tub.
  • Lease Terms: 1+Year
  • Living Area: 3808
  • Lot Acreage: 0.0843
  • Lot Dimensions: 30x122
  • Monthto Month: No
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 1
  • Year Built: 2001
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-Ins
  • Fireplace Rooms: Exterior, Living Room, Master Bedroom
  • Flooring: Cement, Hardwood, Stone
  • Bedrooms: 3
  • Fireplaces: 3
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Bedroom Features: All Bedrooms Up, WalkInCloset, Master Suite
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside, Laundry Area
  • Total Bathrooms: 3.00
  • Equipment: Alarm System, Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer, Built-Ins
  • Fireplace: Yes
  • Price Per S Q F T: 4.46

Exterior Features

  • Other Features: High Ceilings (9 Feet+), Balcony
  • Tennis Court Y/N: No
  • Patio: Roof Top Deck
  • Pool: No
  • Spa Yn: No
  • View: Courtyard, Ocean, Walk Street, Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 1
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Driveway, Direct Entrance
  • Total Parking: 3

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Prewired for alarm system

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4286-022-017
  • Lot Description: Walk Street, Fenced Yard
  • Lot Size Area: 3674

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2007
Sold by
Webster James Joseph
Bought by
Webster James Joseph and James Joseph Webster Trust
Current Estimated Value
$3,659,041

Purchase Details

Closed on
Sep 6, 2000
Sold by
Sunset Lofts Llc
Bought by
Webster James Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
8.07%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 7, 2000
Sold by
Framer Donna
Bought by
Sunset Lofts Llc

Purchase Details

Closed on
Dec 14, 1999
Sold by
Lehrman Syd & Rose Family Trust
Bought by
Framer Donna and The Syd & Rose Lehrman Family Trust
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
Webster James Joseph -- None Available
Webster James Joseph $435,000 Chicago Title
Sunset Lofts Llc $305,000 Chicago Title Insurance Co
Framer Donna -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Webster James Joseph $215,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2022 10/03/22 Rented $15,000 -11.8% --
08/28/2022 08/28/22 For Rent $17,000 +25.9% --
10/19/2020 10/19/20 Rented $13,500 -8.5% --
10/07/2020 10/07/20 For Rent $14,750 +13.5% --
08/29/2016 08/29/16 Rented $13,000 -3.7% --
08/26/2016 08/26/16 Under Contract -- -- --
08/15/2016 08/15/16 Price Changed $13,500 -10.0% $4 / Sq Ft
08/02/2016 08/02/16 Price Changed $15,000 -6.3% $4 / Sq Ft
06/25/2016 06/25/16 Price Changed $16,000 -5.9% $4 / Sq Ft
06/09/2016 06/09/16 For Rent $17,000 +9.7% --
05/30/2014 05/30/14 Rented $15,500 -6.1% --
05/30/2014 05/30/14 Under Contract -- -- --
05/20/2014 05/20/14 For Rent $16,500 -- --
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 $13,813 $1,147,402 $655,470 $491,932
2024 $13,813 $1,124,905 $642,618 $482,287
2023 $13,549 $1,102,849 $630,018 $472,831
2022 $12,923 $1,081,225 $617,665 $463,560
2021 $12,746 $1,060,025 $605,554 $454,471
2019 $12,362 $1,028,586 $587,594 $440,992
2018 $12,292 $1,008,419 $576,073 $432,346
2016 $11,726 $969,262 $553,704 $415,558
2015 $11,554 $954,703 $545,387 $409,316
2014 $11,591 $936,003 $534,704 $401,299
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-193351

The MLS

APN: 4286-022-017