NOT LISTED FOR SALE

354 5th Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,723,000 - $4,778,000

2 Beds
1 Bath
1,064 Sq Ft
$2,558/Sq Ft Est. Value

Last Sold May 30, 2019

Last sale price $1,785,763 $1,678 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $16,388/month

62 Days on Market

About This Home

As of May 2019

One story bungalow on a quiet Venice street right off of the Rose Corridor. The extra large lot for the neighborhood provides limitless possibilities to build your dream home. There is a detached garage currently used as storage. Kitchen has granite counters and laundry. Hardwood floors. Plenty of light. Totally fenced in with a beautiful wood deck. Steps from Rose Avenue and shopping. Walk to everything. Plant your own vegetable garden with room to spare.

Last Agent to Sell the Property

Csaba Yollin

Engel & Völkers License #01945450 Listed on: 01/24/2019

Engel & Völkers

Co-Listed By

Tony Yollin

Engel & Völkers License #00681153

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Home Details

Home Type

Single Family

Year Built

1922

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Style: Bungalow
  • Building Type: Detached
  • Year Built: 1922
  • Price Per Sq Ft: 1875.00
  • Special Features: None

Interior Features

  • Equipment: Alarm System, Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Range/Oven, Washer
  • Flooring: Hardwood
  • Bedrooms: 2
  • Full Bathroom: 1
  • Total Bathrooms: 1.00
  • Den: 1
  • Laundry: In Kitchen
  • Living Area: 1064

Exterior Features

  • Pool: No
  • Tennis Court Y/N: No
  • Spa Yn: No
  • Stories: 1
  • View: No

Garage/Parking

  • Garage Details: Driveway - Concrete

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Zoning: LARD1.5
  • Horses: No
  • Assessor Parcel Number: 4240-009-019
  • Lot Size Area: 7164
  • Geocode Override: No

Rental Info

  • Available For Lease: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2024
Sold by
Susan Kim Trust and Kim Susan
Bought by
354 5Th Avenue Llc
Current Estimated Value
$2,750,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,045,000
Interest Rate
6.73%
Mortgage Type
Construction

Purchase Details

Listed on
Jan 24, 2019
Closed on
May 6, 2019
Sold by
Whitney Michael F and Whitney Donna K
Bought by
Kim Susan
Seller's Agent
Csaba Yollin
Engel & Völkers
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$2,250,000
Sold Price
$1,785,763
Premium/Discount to List
-$464,237
-20.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.66%
Original Mortgage
$1,071,458
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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

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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
354 5Th Avenue Llc -- Upward Title Company
Kim Susan $1,786,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 354 5Th Avenue Llc $3,045,000
Previous Owner Kim Susan $1,071,458
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2019 05/30/19 Sold $1,785,763 -10.5% $1,678 / Sq Ft
03/27/2019 03/27/19 Pending -- -- --
03/15/2019 03/15/19 Price Changed $1,995,000 -7.2% $1,875 / Sq Ft
03/01/2019 03/01/19 Price Changed $2,150,000 -4.4% $2,021 / Sq Ft
01/24/2019 01/24/19 For Sale $2,250,000 -- $2,115 / Sq Ft
Source: California Desert Association of REALTORS®

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 $23,701 $2,100,000 $1,850,000 $250,000
2024 $23,701 $1,953,029 $1,562,381 $390,648
2023 $23,239 $1,914,736 $1,531,747 $382,989
2022 $22,153 $1,877,193 $1,501,713 $375,480
2021 $21,891 $1,840,386 $1,472,268 $368,118
2019 $20,425 $78,103 $59,967 $18,136
2018 $1,122 $76,573 $58,792 $17,781
2016 $1,068 $73,602 $56,510 $17,092
2015 $1,055 $72,498 $55,662 $16,836
2014 $1,071 $71,079 $54,572 $16,507
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Csaba Yollin

    Engel & Volkers Santa Monica

    (310) 460-2525

    5 in this area

    9 Total Sales

    Csaba Yollin
    Section Image

  • T

    Seller Co-Listing Agent in 2019

    Tony Yollin

    Engel & Volkers Santa Monica

    Section Image

  • S

    Buyer's Agent in 2019

    Subscriber Non

    Non-Participant Office

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 19-427502

California Desert Association of REALTORS®

APN: 4240-009-019

California Los Angeles County Venice 90291 Venice

354 5th Ave, Venice, CA

Not Listed for Sale

Detached

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