NOT LISTED FOR SALE

Estimated Value: $1,235,000 - $1,332,000

2 Beds
2 Baths
1,340 Sq Ft
$583/mo HOA Fee

Last Sold May 12, 2023

Last sale price $1,300,000 $970 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $9,027/month

37 Days on Market

Highlights

  • Automatic Gate
  • Gated Community
  • Contemporary Architecture
  • Venice High School Rated A
  • Open Floorplan
  • Wood Flooring

About This Home

As of May 2023

Sophisticated and modern industrial loft in the Gallery Lofts, located in the heart of the Marina del Rey Arts District. This 2-bedroom, 2-bathroom single-level courtyard facing unit is located in one of the most desirable locations in the 4-story complex, serviced by an elevator. The open floor plan boasts nearly 11-foot ceilings with floor to ceiling windows and over-sized 11-foot Fleetwood sliding doors that let in an abundance of natural light, and open to a balcony with fire pit creating seamless indoor/outdoor living. Luxury European stainless steel kitchen appliances include a Liebherr refrigerator, Bertazzoni gas range, and Miele dishwasher, a center island creating extra seating and storage, in addition to the adjacent dining area. The primary oversized bedroom offers a custom walk-in closet and an oversized bathroom with separate shower and soaking tub. Hunter Douglas black out shades in primary bedroom and bath. The secondary bedroom features an adjacent bath.

Other notable features include being freshly painted, hardwood flooring throughout, with the exception of the thoughtfully mosaic tiled baths, Watermark luxury faucets, showers and bath accessories, custom ceiling fixtures and window shades, Nest thermostat, Ring camera, central air/heat and in-unit laundry with brand new full-size LG washer and dryer. Gated at entry with security cameras, subterranean 2-car assigned parking #143, and a highly sought after storage unit #14 located directly across from the elevator (see photo). Subterranean electric car charging stations, and adequate guest parking available.

Gallery Lofts amenities include a lush common area which includes 2 outdoor kitchens, a two-sided fireplace with WIFI, and a lounge area with plentiful seating perfect for outdoor gatherings and entertainment.

Gallery Lofts is ideally located within minutes of the Marina Marketplace shops, restaurants, coffee shops, movie theaters, grocery stores, and in close proximity to Abbot Kinney, Venice, the bike paths and the beach.

Last Agent to Sell the Property

Kathryn White

Coldwell Banker Realty License #01346645 Listed on: 03/08/2023

Coldwell Banker Realty

Co-Listed By

Andre White

Pacific Sotheby's Int'l Realty License #01873658

Last Buyer's Agent

Shane Willcox

The Agency License #01978241

The Agency

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,084

Year Built

  • Built in 2011

Lot Details

  • Two or More Common Walls

HOA Fees

  • $583 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Electric Vehicle Home Charger
  • Parking Available
  • Automatic Gate

Home Design

  • Contemporary Architecture
  • Modern Architecture
  • Turnkey

Interior Spaces

  • 1,340 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • High Ceiling
  • Fireplace
  • Double Pane Windows
  • Custom Window Coverings
  • Roller Shields
  • Sliding Doors
  • Living Room Balcony
  • Combination Dining and Living Room
  • Wood Flooring
  • Alarm System
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Double Oven
  • Gas Oven
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Self-Closing Cabinet Doors
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Stone Bathroom Countertops
  • Soaking Tub
  • Separate Shower

Outdoor Features

  • Covered patio or porch
  • Fire Pit

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 62129
  • Assessor Parcel Number 4230030129

Community Details

Overview

  • 100 Units
  • Gallery Lofts Association, Phone Number (310) 370-2696
  • Scott Management HOA

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area

Security

  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,084

Year Built

Built in 2011

Lot Details

0

HOA Fees

$583 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: All outdoor potted plants
  • Property Attached: Yes
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s), Wired for Alarm System
  • Subdivision Name Other: Gallery Lofts
  • View: No
  • Architectural Style: Contemporary, Modern
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 4230030129
  • Year Built: 2011
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1340.00 Square Feet
  • Interior Amenities: Elevator, Granite Counters, High Ceilings, Living Room Balcony, Open Floorplan
  • Stories: 4
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Counter / Bar, In Living Room
  • Fireplace Features: Fire Pit
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 970.15
  • Room Type: Kitchen, Living Room, Walk-In Closet
  • Window Features: Custom Covering, Double Pane Windows, Roller Shields
  • Bathroom Features: Bathtub, Separate Tub And Shower, Soaking Tub, Stone Counters, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Self-Closing Cabinet Doors, Stone Counters

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Concrete, Covered
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Gated, Subterranean, Electric Vehicle Charging Station(s)
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Double Oven, Freezer, Disposal, Gas Oven, Gas Range, Microwave, Range Hood, Refrigerator, Vented Exhaust Fan, Water Heater
  • Heating Type: Central
  • Laundry Features: In Closet, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Fire Pit, Barbecue, Outdoor Cooking Area, Picnic Area, Trash, Sewer, Water
  • Association Fee: 582.64
  • Association Fee Frequency: Monthly
  • Association Name: Gallery Lofts
  • Phone: 310.370.2696
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: Scott Management

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 100
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 62129

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2023
Closed on
Apr 28, 2023
Sold by
White Ellesse
Bought by
Karlovac Harvey
Seller's Agent
Kathryn White
Coldwell Banker Realty
Buyer's Agent
Shane Willcox
The Agency
List Price
$1,325,000
Sold Price
$1,300,000
Premium/Discount to List
-$25,000
-1.89%
Views
120
Current Estimated Value
$1,286,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,725
Avg. Annual Appreciation
-0.50%
Original Mortgage
$625,000
Outstanding Balance
$608,073
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$677,616

Purchase Details

Listed on
Jan 25, 2018
Closed on
Feb 15, 2018
Sold by
Oifer Jessica L
Bought by
White Ellesse and White Kathryn L
Seller's Agent
Tracy Glass
Compass
Buyer's Agent
Kathryn White
Coldwell Banker Realty
List Price
$1,050,000
Sold Price
$1,100,000
Premium/Discount to List
$50,000
4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.27%
Original Mortgage
$879,200
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 4, 2014
Sold by
Oifer David
Bought by
Oifer Jessica L

Purchase Details

Closed on
Dec 13, 2011
Sold by
Marina Lofts Marketing Llc
Bought by
Oifer David
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Karlovac Harvey $1,300,000 Equity Title
White Ellesse $1,100,000 Lawyers Title Company
Oifer Jessica L -- Fidelity National Title
Oifer David $590,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karlovac Harvey $625,000
Previous Owner White Ellesse $41,500
Previous Owner White Ellesse $879,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2023 05/12/23 Sold $1,300,000 -1.9% $970 / Sq Ft
04/14/2023 04/14/23 Pending -- -- --
03/08/2023 03/08/23 For Sale $1,325,000 +20.5% $989 / Sq Ft
03/05/2018 03/05/18 Sold $1,100,000 +4.8% $821 / Sq Ft
02/01/2018 02/01/18 Pending -- -- --
01/25/2018 01/25/18 For Sale $1,050,000 -- $784 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $16,084 $1,352,519 $949,781 $402,738
2024 $16,084 $1,326,000 $931,158 $394,842
2023 $14,524 $1,203,007 $876,665 $326,342
2022 $13,840 $1,179,420 $859,476 $319,944
2021 $13,668 $1,156,295 $842,624 $313,671
2019 $13,251 $1,122,000 $817,632 $304,368
2018 $7,853 $651,299 $331,170 $320,129
2016 $7,504 $626,010 $318,311 $307,699
2015 $7,392 $616,608 $313,530 $303,078
2014 $7,503 $604,531 $307,389 $297,142
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP23036349

California Regional Multiple Listing Service (CRMLS)

APN: 4230-030-129