Landlord's Agent in 2025
Barbra Stover
Christie's International Real Estate SoCal
(310) 902-7122
2 in this area
37 Total Sales
405 Sherman Canal Venice, CA 90291
Venice Neighborhood
4
Beds
3.5
Baths
3,936
Sq Ft
$1,150
Price per Sq Ft
Highlights
- Home Theater
- Rooftop Deck
- Home fronts a canal
- Coeur D'Alene Avenue Elementary School Rated A-
- City Lights View
- 2-minute walk to Linnie Canal Park
About This Home
As of January 2025Elegantly situated on the historic Venice Canals of Los Angeles, a rare find to lease a very unique furnished remodeled 4 bed/3.5 bath home with an array of luxury amenities. Grand layout in living area with an extended balcony for your serene canal views. Built-in stainless steel appliances in the kitchen with incredible space for dinner parties. Enjoy a plethora of light that flows throughout this Italian designer home built for the ultimate indoor/outdoor lifestyle. Unwind in the resort-inspired primary suite with an impressive balcony for breathtaking views. Three oversized relaxing guest rooms. Did I mention a delightful theater on the ground floor for your favorite movies? In this postcard-worthy home, you will love the outdoor living area and the beauty of "California Coastal Living" within Venice beach at its finest. A few blocks from the ocean and minutes from the Venice boardwalk. This home is complete with a stunning massive rooftop entertainment area with dreamy sunset, canal and city views. A true GEM. Staycation! Short term available...
Last Agent to Rent the Property
Christie's International Real Estate SoCal License #01403944 Listed on: 01/14/2025
Last Renter's Agent
Christie's International Real Estate SoCal License #01403944 Listed on: 01/14/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $43,106
Year Built
- Built in 2000 | Remodeled
Lot Details
- 2,850 Sq Ft Lot
- Lot Dimensions are 30x95
- Home fronts a canal
- Gated Home
- Property is zoned LARW1
Property Views
- City Lights
- Canal
Home Design
- Tuscan Architecture
- Split Level Home
- Turnkey
Interior Spaces
- 3,936 Sq Ft Home
- 4-Story Property
- Furnished
- Built-In Features
- Recessed Lighting
- Family Room
- Living Room with Fireplace
- 2 Fireplaces
- Dining Area
- Home Theater
- Home Office
- Alarm System
Kitchen
- Breakfast Area or Nook
- Gas Oven
- Gas Cooktop
- Microwave
- Freezer
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Stone
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Fireplace in Primary Bedroom
- Walk-In Closet
- Powder Room
Laundry
- Laundry closet
- Dryer
- Washer
Parking
- 3 Car Direct Access Garage
- Electric Vehicle Home Charger
Outdoor Features
- Property is near a canal
- Living Room Balcony
- Rooftop Deck
- Open Patio
- Front Porch
Utilities
- Central Heating and Cooling System
- Sewer in Street
Listing and Financial Details
- Security Deposit $24,500
- Tenant pays for gas, electricity, cable TV
- Negotiable Lease Term
- Assessor Parcel Number 4227-012-003
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 12, 2022
Closed on
Sep 7, 2022
Sold by
Shahrabani Benjamin M
Bought by
Hiruy Gessesse Family Trust
Seller's Agent
Fred Dapp
The Agency
Buyer's Agent
Barbra Stover
Christie's International Real Estate SoCal
List Price
$4,250,000
Sold Price
$3,500,000
Premium/Discount to List
-$750,000
-17.65%
Views
49
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
$1,024,505
Avg. Annual Appreciation
10.40%
Purchase Details
Closed on
Apr 7, 2022
Sold by
Saleh F Shahrabani Qualified Personal Re
Bought by
Shahrabani Benjamin M and Shahrabani Jonathan S
Purchase Details
Closed on
Dec 27, 2019
Sold by
Shahrabani Vivien and Vivien Sharrabani Qualified Pe
Bought by
Shahrabani Benjamin M and Shahrabani Jonathan S
Purchase Details
Closed on
Jul 18, 2006
Sold by
Shahrabani Saleh F and Shahrabani Vivien
Bought by
Shahrabani Saleh F and Saleh F Shahrabani Qualified P
Purchase Details
Closed on
Apr 25, 2006
Sold by
Powers Wayne and Powers Donna
Bought by
Shahrabani Saleh F and Shahrabani Vivien
Purchase Details
Closed on
Feb 2, 2004
Sold by
Gonzales Keith W and Gonzales Christine E
Bought by
Powers Wayne and Powers Donna
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
4%
Mortgage Type
Unknown
Purchase Details
Closed on
Dec 31, 2002
Sold by
Gonzales Keith W
Bought by
Gonzales Keith W and Gonzales Christine E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
5.5%
Purchase Details
Closed on
Nov 3, 1998
Sold by
Mlikotin Milivoj V and Mlikotin Jasmina T
Bought by
Gonzales Keith W
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
6.61%
Mortgage Type
Credit Line Revolving
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 |
|---|---|---|---|
| Hiruy Gessesse Family Trust | $3,500,000 | -- | |
| Shahrabani Benjamin M | -- | Accommodation/Courtesy Recordi | |
| Shahrabani Benjamin M | -- | None Available | |
| Shahrabani Saleh F | -- | None Available | |
| Shahrabani Saleh F | $2,925,000 | Equity Title Company | |
| Powers Wayne | $2,150,000 | First American Title Co Of L | |
| Gonzales Keith W | -- | North American Title Co | |
| Gonzales Keith W | -- | North American Title Co | |
| Gonzales Keith W | $380,000 | Equity Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hiruy Gessesse Family Trust | $2,625,000 | |
| Previous Owner | Powers Wayne | $1,400,000 | |
| Previous Owner | Powers Wayne | $1,500,000 | |
| Previous Owner | Gonzales Keith W | $350,000 | |
| Previous Owner | Gonzales Keith W | $750,000 | |
| Previous Owner | Gonzales Keith W | $100,000 | |
| Previous Owner | Gonzales Keith W | $840,000 | |
| Previous Owner | Gonzales Keith W | $260,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/17/2025 01/17/25 | Rented | $28,000 | +14.3% | -- |
| 01/15/2025 01/15/25 | Under Contract | -- | -- | -- |
| 01/14/2025 01/14/25 | For Rent | $24,500 | 0.0% | -- |
| 01/11/2025 01/11/25 | Under Contract | -- | -- | -- |
| 12/09/2024 12/09/24 | For Rent | $24,500 | 0.0% | -- |
| 09/13/2022 09/13/22 | Sold | $3,500,000 | -12.4% | $889 / Sq Ft |
| 08/17/2022 08/17/22 | Pending | -- | -- | -- |
| 06/20/2022 06/20/22 | Price Changed | $3,995,000 | -6.0% | $1,015 / Sq Ft |
| 01/12/2022 01/12/22 | For Sale | $4,250,000 | -- | $1,080 / Sq Ft |
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 | $43,106 | $3,641,399 | $2,121,791 | $1,519,608 |
| 2024 | $43,106 | $3,570,000 | $2,080,188 | $1,489,812 |
| 2023 | $42,344 | $3,500,000 | $2,039,400 | $1,460,600 |
| 2022 | $40,809 | $3,470,364 | $2,550,159 | $920,205 |
| 2021 | $43,727 | $3,692,844 | $2,777,528 | $915,316 |
| 2019 | $42,402 | $3,583,314 | $2,695,146 | $888,168 |
| 2018 | $42,298 | $3,513,053 | $2,642,300 | $870,753 |
| 2016 | $40,466 | $3,376,640 | $2,539,698 | $836,942 |
| 2015 | $39,866 | $3,325,921 | $2,501,550 | $824,371 |
| 2014 | $39,971 | $3,260,772 | $2,452,549 | $808,223 |
Source: Public Records
Agents Affiliated with this Home
-
Barbra Stover
-
Fred Dapp
Seller's Agent in 2022
Fred Dapp
The Agency
(203) 615-3303
3 in this area
32 Total Sales
-
David Parnes
Seller Co-Listing Agent in 2022
David Parnes
Carolwood Estates
(310) 894-3435
3 in this area
133 Total Sales
-
Aaron Kirman
Buyer Co-Listing Agent in 2022
Aaron Kirman
Christie's International Real Estate SoCal
(424) 249-7162
4 in this area
276 Total Sales
Map
Source: The MLS
MLS Number: 24-469641
APN: 4227-012-003
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
© 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Nearby Homes
- 404 Linnie Canal
- 415 Sherman Canal
- 439 Sherman Canal
- 410 Linnie Canal
- 408 Linnie Canal
- 453 Sherman Canal
- 416 Carroll Canal
- 2709 Strongs Dr
- 2712 Pacific Ave
- 439 Carroll Canal
- 3011 Clune Ave
- 2412 Ocean Ave Unit 4
- 302 S Venice Blvd
- 51 27th Ave
- 2354 Ocean Ave
- 2615 Beach Ave
- 2908 Pacific Ave
- 3001 Grand Canal
- 12 1/2 25th Place Unit 1.5
- 12 25th Place Unit 3
- 409 Sherman Canal
- 403 Sherman Canal
- 413 Sherman Canal
- 401 Sherman Canal
- 408 Howland Canal
- 404 Howland
- 404 Howland Canal
- 211 Howland Canal
- 410 Howland Canal
- 419 Sherman Canal
- 412 Howland Canal 1 2
- 402 Howland
- 402 Howland Canal
- 412 Howland Canal Unit 1/2
- 412 Howland Canal
- 243 Sherman Canal
- 241 Sherman Canal
- 414 Sherman Canal Unit ID1042919P
- 414 Howland Canal Ct
- 416 Sherman Canal Unit ID1042790P