Seller's Agent in 2022
Juliette Hohnen
Douglas Elliman
(323) 422-7147
28 in this area
156 Total Sales
40 23rd Ave Venice, CA 90291
Venice NeighborhoodEstimated Value: $1,989,000 - $2,293,360
3
Beds
2
Baths
1,588
Sq Ft
$1,358/Sq Ft
Est. Value
Highlights
- Detached Guest House
- Wood Flooring
- Breakfast Area or Nook
- Coeur D'Alene Avenue Elementary School Rated A-
- No HOA
- 3 Car Garage
About This Home
As of February 2022Venice Development Opportunity just a block from the sand! Located on a quiet walk street and hidden behind tall fences, this property consists of a charming 2 bed/1 bath bungalow front house and a 1 bed/1 bath unit above the detached 3-car garage. Sale includes renderings and plans for a two-unit building with three levels, an elevator, and a rooftop deck with ocean views. Permits are awaiting city approval. The plans call for a 3 bed/3.5 bath unit with 3,229 SF and a 1 bed/1 bath ground-floor unit with 500 SF. Property can be delivered vacant or with tenants in place. Fantastic location central to the best of both Venice and Marina del Rey, just a block to the beach and the residential section of Ocean Front Walk, within a few blocks of the Venice Canals, the boardwalk, and the Venice Pier, and just minutes away from the hottest dining/retail on Abbot Kinney Blvd and Washington Blvd. Whether you're looking for an investment or income property, a classic beach bungalow to remodel, or something to build from the ground up, this property is an incredible opportunity full of potential.
Last Agent to Sell the Property
Douglas Elliman License #01772623 Listed on: 09/16/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $21,238
Year Built
- Built in 1921
Lot Details
- 2,640 Sq Ft Lot
- Gated Home
- Property is zoned LARD1.5
Parking
- 3 Car Garage
Home Design
- Bungalow
Interior Spaces
- 1,588 Sq Ft Home
- Living Room
- Dining Area
- Property Views
Kitchen
- Breakfast Area or Nook
- Oven or Range
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in Garage
- Dryer
- Washer
Utilities
- Central Heating
- Heating System Mounted To A Wall or Window
Additional Features
- Open Patio
- Detached Guest House
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 4226-016-004
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 16, 2021
Closed on
Feb 9, 2022
Sold by
40 23Rd Llc
Bought by
Lawson Brennan
Seller's Agent
Juliette Hohnen
Douglas Elliman
Buyer's Agent
Natasha Gwilt
eXp Realty of California Inc
List Price
$2,195,000
Sold Price
$1,845,500
Premium/Discount to List
-$349,500
-15.92%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$311,590
Avg. Annual Appreciation
4.04%
Original Mortgage
$1,845,500
Outstanding Balance
$1,720,196
Interest Rate
3.55%
Mortgage Type
VA
Estimated Equity
$397,678
Purchase Details
Closed on
Nov 13, 2018
Sold by
King Jonathan P and King Family Trust
Bought by
40 23Rd Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Interest Rate
4.9%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 23, 2016
Sold by
King Jonathan P and The King Family Trust
Bought by
King Jonathan P and The King Family Trust
Purchase Details
Closed on
Aug 14, 2015
Sold by
King Jonathan P and King Maria M
Bought by
The King Family Trust
Purchase Details
Closed on
Apr 23, 1997
Sold by
Nhl Trust
Bought by
King Jonathan P and King Maria M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,000
Interest Rate
8.15%
Purchase Details
Closed on
Jan 21, 1997
Sold by
Urbany William A and National Heritage Life Insuran
Bought by
National Heritage Life Insurance Company
Purchase Details
Closed on
Jul 17, 1995
Sold by
Urbany William A
Bought by
Irein Inc
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lawson Brennan | $1,845,500 | Lawyers Title | |
| Lawson Brennan | $1,845,500 | Lawyers Title | |
| 40 23Rd Llc | $1,870,000 | First American Title Company | |
| King Jonathan P | -- | None Available | |
| The King Family Trust | -- | None Available | |
| King Jonathan P | $365,000 | Stewart Title | |
| National Heritage Life Insurance Company | $590,998 | First Southwestern Title Co | |
| Irein Inc | -- | Provident Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lawson Brennan | $1,845,500 | |
| Closed | Lawson Brennan | $1,845,500 | |
| Previous Owner | 40 23Rd Llc | $1,473,600 | |
| Previous Owner | 40 23Rd Llc | $1,350,000 | |
| Previous Owner | King Jonathan P | $571,500 | |
| Previous Owner | King Jonathan P | $250,000 | |
| Previous Owner | King Jonathan P | $590,000 | |
| Previous Owner | King Jonathan P | $500,000 | |
| Previous Owner | King Maria M | $385,000 | |
| Previous Owner | King Jonathan P | $333,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/28/2022 02/28/22 | Sold | $1,845,500 | -1.6% | $1,162 / Sq Ft |
| 12/04/2021 12/04/21 | Pending | -- | -- | -- |
| 10/29/2021 10/29/21 | Price Changed | $1,875,000 | -5.5% | $1,181 / Sq Ft |
| 09/27/2021 09/27/21 | Price Changed | $1,985,000 | -9.6% | $1,250 / Sq Ft |
| 09/16/2021 09/16/21 | For Sale | $2,195,000 | 0.0% | $1,382 / Sq Ft |
| 01/09/2018 01/09/18 | Rented | $4,500 | 0.0% | -- |
| 01/06/2018 01/06/18 | Under Contract | -- | -- | -- |
| 01/02/2018 01/02/18 | For Rent | $4,500 | +2.3% | -- |
| 01/26/2016 01/26/16 | Rented | $4,400 | 0.0% | -- |
| 01/25/2016 01/25/16 | Under Contract | -- | -- | -- |
| 01/15/2016 01/15/16 | For Rent | $4,400 | 0.0% | -- |
| 10/09/2013 10/09/13 | Rented | $4,400 | 0.0% | -- |
| 10/09/2013 10/09/13 | Under Contract | -- | -- | -- |
| 09/30/2013 09/30/13 | For Rent | $4,400 | +10.0% | -- |
| 05/10/2012 05/10/12 | Rented | $4,000 | 0.0% | -- |
| 05/07/2012 05/07/12 | Under Contract | -- | -- | -- |
| 04/30/2012 04/30/12 | For Rent | $4,000 | -- | -- |
Source: The MLS
Tax History Compared to Growth
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 | $21,238 | $1,957,928 | $1,910,174 | $47,754 |
| 2024 | $21,238 | $1,919,538 | $1,872,720 | $46,818 |
| 2023 | $20,889 | $1,881,900 | $1,836,000 | $45,900 |
| 2022 | $23,159 | $1,965,702 | $1,860,585 | $105,117 |
| 2021 | $22,882 | $1,927,159 | $1,824,103 | $103,056 |
| 2020 | $23,122 | $1,907,400 | $1,805,400 | $102,000 |
| 2019 | $24,060 | $1,870,000 | $1,770,000 | $100,000 |
| 2018 | $6,434 | $522,447 | $346,394 | $176,053 |
| 2016 | $6,063 | $502,161 | $332,944 | $169,217 |
| 2015 | $5,974 | $494,619 | $327,943 | $166,676 |
| 2014 | $6,002 | $484,932 | $321,520 | $163,412 |
Source: Public Records
Agents Affiliated with this Home
-
Juliette Hohnen
-
Mark Kitching
Seller Co-Listing Agent in 2022
Mark Kitching
Douglas Elliman
(310) 902-0221
12 in this area
40 Total Sales
-
Natasha Gwilt
Buyer's Agent in 2022
Natasha Gwilt
eXp Realty of California Inc
(424) 408-1868
2 in this area
111 Total Sales
-
D
Buyer Co-Listing Agent in 2022
David Gwilt
eXp Realty of California Inc
-
C
Seller's Agent in 2018
CJ Cole
The Agency
-
Heidi Sowards
Buyer's Agent in 2018
Heidi Sowards
Compass
(310) 480-5578
3 in this area
25 Total Sales
Map
Source: The MLS
MLS Number: 21-784314
APN: 4226-016-004
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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