NOT LISTED FOR SALE

3514 Ocean View Ave Unit 1/2 Los Angeles, CA 90066

Mar Vista Neighborhood

Estimated Value: $2,653,000 - $3,564,000

1 Bed
1 Bath
1,200 Sq Ft
$2,559/Sq Ft Est. Value

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Air Conditioning
  • Mar Vista Elementary Rated A
  • Built-In Features
  • Living Room

About This Home

As of March 2022

Charming Mar Vista Back House with Private Yard and Utilities Included! - This very unique and perfectly located 1-bedroom, 1-bathroom (w/ Den), low level unit is located behind the owners main house. Welcome to a blank canvas for you to create the environment that you want to exist in. Nestled in a great location near the Santa Monica airport and seconds to all of the action on the Westside. The versatility of this creative infused open space is the gateway for you to color your world. This property consists of the essentials - a separate entrance, a well appointed kitchen, uncovered parking for (4) cars, washer/ dryer in unit, a grassy patch to enjoy the California sun, air conditioning and heating. Minutes to the Beach, many restaurants and well known shops. Enjoy being in the center of one of the most exciting cities in the world! Garage with additional (2) parking spaces is available at a separate cost. Please call to inquire about pets.

Last Agent to Rent the Property

Josh Flynn

Pardee Properties License #01985199 Listed on: 02/11/2022

Co-Listed By

Keri Coughlan

Pardee Properties License #01923133

Last Renter's Agent

Josh Flynn

Halton Pardee and Partners, Inc. License #01985199

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,730

Year Built

  • Built in 1947

Lot Details

  • 0.25 Acre Lot
  • Property is zoned LAR1

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Living Room
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Driveway

Utilities

  • Air Conditioning

Listing and Financial Details

  • Security Deposit $7,000
  • Tenant pays for insurance
  • 12 Month Lease Term
  • Assessor Parcel Number 4248-024-035

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,730

Year Built

Built in 1947

Lot Details

0

Rental Info

  • Security Deposit: 7000
  • Tenant Pays: Insurance

Listing Details

  • Property Type: Residential Lease
  • Style: Traditional
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 1200
  • Lot Acreage: 0.2500
  • Stories: 1
  • Year Built: 1947
  • Number Of Photos: 24
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Microwave, Refrigerator, Range/Oven, Washer, Dryer
  • Price Per S Q F T: 2.92

Exterior Features

  • Pool: No
  • View: No

Garage/Parking

  • Other Spaces: 4
  • Parking Garage: Driveway, Uncovered, Driveway - Concrete
  • Total Parking: 4

Utilities

  • Cooling: Air Conditioning

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4248-024-035
  • Lot Size Area: 10888

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2021
Sold by
Bauernfeind Richard A and Bauernfeind Patsy J
Bought by
Shi Jiawei and Zhang Yiyun
Current Estimated Value
$3,070,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,968,000
Outstanding Balance
$1,769,643
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$1,300,912

Purchase Details

Closed on
May 8, 2015
Sold by
Bauerfiend Richard A
Bought by
Bauernfiend Richard A and Bauernfiend Patsy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2011
Sold by
Bauernfeind Richard A
Bought by
Bauernfeind Richard A and Perez Joey

Purchase Details

Closed on
Aug 10, 2009
Sold by
Bauernfeind Patsy J
Bought by
Bauernfeind Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$401,300
Interest Rate
5.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2002
Sold by
Bauernfeind Richard A and Bauernfeind Patsy J
Bought by
Bauernfeind Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.87%

Purchase Details

Closed on
Apr 15, 2002
Sold by
Bauernfeind Richard A
Bought by
Bauernfeind Richard A
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
Shi Jiawei $2,460,000 Usa National Title
Bauernfiend Richard A -- Pacific Coast Title Company
Bauernfeind Richard A -- None Available
Bauernfeind Richard A -- Old Republic Title Company
Bauernfeind Richard A -- Fidelity National Title Co
Bauernfeind Richard A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shi Jiawei $1,968,000
Previous Owner Bauernfiend Richard A $760,000
Previous Owner Bauernfeind Richard A $401,300
Previous Owner Bauernfeind Richard A $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2022 03/10/22 Rented $3,800 +8.6% --
02/23/2022 02/23/22 Price Changed $3,500 -9.1% $3 / Sq Ft
02/11/2022 02/11/22 For Rent $3,850 -- --
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 $31,730 $2,662,781 $2,130,226 $532,555
2024 $31,730 $2,610,570 $2,088,457 $522,113
2023 $31,112 $2,559,383 $2,047,507 $511,876
2022 $29,661 $2,509,200 $2,007,360 $501,840
2021 $5,462 $430,967 $118,115 $312,852
2020 $5,512 $426,549 $116,904 $309,645
2019 $5,306 $418,186 $114,612 $303,574
2018 $5,129 $409,987 $112,365 $297,622
2016 $3,698 $295,049 $108,002 $187,047
2015 $3,646 $290,618 $106,380 $184,238
2014 $3,668 $284,927 $104,297 $180,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-126663

The MLS

APN: 4248-024-035