$1,275,000
SOLD OCT 17, 2024
2 Beds
2 Baths
1,340 Sq Ft
$641/mo HOA Fee

Recently Sold

$951 Per Sq Ft

2% Below List Price

91 Days on Market

Highlights

  • Gated Community
  • 0.26 Acre Lot
  • Courtyard Views
  • Venice High School Rated A
  • Engineered Wood Flooring
  • Elevator

About This Home

As of October 2024

SPECTACULAR TOP FLOOR UNIT in the Gallery Lofts. This light filled modern oasis features 11-foot ceilings with floor to ceiling windows and Fleetwood sliding doors, creating seamless indoor/outdoor living. Upon entering the loft, you will find a chef's kitchen with a 10-foot island, providing plenty of storage and the perfect place to gather. There is also an oversized custom pantry. Off the open and airy living room is a sunny oversized deck with sunset views. The primary enclosed bedroom suite has a spectacular bath, complete with a soaking tub and shower + a custom walk-in closet. Bedroom-2 features an adjoining bathroom with laundry beyond. The home has been freshly painted and has a newly installed tankless hot water heater. The Gallery Lofts features a lush and stylish courtyard with a fire pit and two outdoor kitchens. The 2-car subterranean parking is conveniently located close to the elevator. There are two public charging stations and plenty of guest parking. World class dining and shopping are just blocks away. Abbot Kinney, Venice Beach, Santa Monica and LAX are a short Uber ride away.

Last Agent to Sell the Property

William Henry

Coldwell Banker Realty License #01149920 Listed on: 05/27/2024

Coldwell Banker Realty

Last Buyer's Agent

Melissa Misner

Pardee Properties License #01865846

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,265

Year Built

  • Built in 2011 | Remodeled

HOA Fees

  • $641 Monthly HOA Fees

Interior Spaces

  • 1,340 Sq Ft Home
  • 4-Story Property
  • Built-In Features
  • Dining Area
  • Engineered Wood Flooring
  • Courtyard Views
  • Security Lights

Kitchen

  • Breakfast Bar
  • Oven or Range
  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Electric Vehicle Home Charger
  • Automatic Gate
  • Parking Garage Space

Outdoor Features

  • Open Patio

Utilities

  • Central Heating
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 4230-030-153

Community Details

Overview

  • Association fees include building and grounds
  • 100 Units

Amenities

  • Community Barbecue Grill
  • Elevator

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Card or Code Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,265

Year Built

Built in 2011 | Remodeled

Lot Details

0

HOA Fees

$641 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Levels: One
  • Street Number Display: Yes
  • Advertising Remarks: SPECTACULAR TOP FLOOR UNIT in the Gallery Lofts. This light filled modern oasis features 11-foot ceilings with floor to ceiling windows, creating seamless indoor/outdoor living. The kitchen has a 10-foot island, providing plenty of storage. Off the open and airy living room is a sunny oversized deck with sunset views. The primary enclosed bedroom suite has a spectacular bath, complete with a soaking tub and shower + a custom closet. Bedroom-2 features an adjoining bathroom w/laundry beyond.
  • Complex Name: The Gallery Lofts
  • Entry Floor: 4
  • Living Area: 1340
  • Lot Acreage: 0.2646
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 4
  • Unit Floor In Building: 4
  • Year Built: 2011
  • Number Of Photos: 43
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Engineered Hardwood
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Garbage Disposal, Microwave, Washer, Refrigerator, Range/Oven
  • Price Per S Q F T: 961.94

Exterior Features

  • Pool: No
  • Spa Yn: No
  • View: Courtyard, Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Community Garage, Electric Vehicle Charging Station(s)
  • Total Parking: 2

Utilities

  • Water Heater: Tankless
  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Exterior Security Lights, Community, Card/Code Access, Automatic Gate

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Assoc Barbecue, Gated Community, Elevator
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Building and Grounds
  • HOA Fees: 641.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4230-030-153
  • Lot Size Area: 11526

Multi Family

  • Number Of Units: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2024
Closed on
Sep 12, 2024
Sold by
Drachkovitch Christopher and Drachkovitch Family Trust
Bought by
Cleveland Patrick
Seller's Agent
William Henry
Coldwell Banker Realty
Buyer's Agent
Melissa Misner
Pardee Properties
List Price
$1,299,000
Sold Price
$1,275,000
Premium/Discount to List
-$24,000
-1.85%
Views
48
Current Estimated Value
$1,254,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,304
Avg. Annual Appreciation
-1.68%
Original Mortgage
$433,500
Outstanding Balance
$430,631
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$828,093

Purchase Details

Closed on
Nov 27, 2018
Sold by
Drachkovitch Radoye R and Drachkovitch Stephanie N
Bought by
Drachkovitch Radoye R and Drachkovitch Stephanie N

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
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 27, 2018
Closed on
Aug 10, 2018
Sold by
Bonilla Alonso and Pucci Daniela Calderon
Bought by
Drachkovitch Christopher
Seller's Agent
Sabine Pleissner
Compass
Buyer's Agent
William Henry
Coldwell Banker Realty
List Price
$1,149,000
Sold Price
$1,150,000
Premium/Discount to List
$1,000
0.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.32%

Purchase Details

Listed on
Oct 27, 2014
Closed on
Feb 10, 2015
Sold by
Liang John Young
Bought by
Bonill Alonso and Pucci Daniela Calderon
Seller's Agent
Dion Cheng
Omni Real Estate
Buyer's Agent
Sabine Pleissner
Compass
List Price
$899,000
Sold Price
$885,000
Premium/Discount to List
-$14,000
-1.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.64%
Original Mortgage
$625,500
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2012
Sold by
Marina Lofts Marketing Llc
Bought by
Liang John Young

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,537
Interest Rate
3.98%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,275,000 Equity Title - Los Angeles
Interfamily Deed Transfer -- Service Link
Interfamily Deed Transfer -- Servicelink
Grant Deed $1,150,000 Priority Title Company
Grant Deed $885,000 Priority Title
Grant Deed $618,500 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $433,500 New Conventional
Previous Owner $750,000 Adjustable Rate Mortgage/ARM
Previous Owner $625,500 New Conventional
Previous Owner $463,537 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2024 10/17/24 Sold $1,275,000 -1.1% $951 / Sq Ft
08/27/2024 08/27/24 Pending -- -- --
07/19/2024 07/19/24 Price Changed $1,289,000 -0.5% $962 / Sq Ft
07/02/2024 07/02/24 Price Changed $1,295,000 -0.3% $966 / Sq Ft
05/27/2024 05/27/24 For Sale $1,299,000 +13.0% $969 / Sq Ft
09/04/2018 09/04/18 Sold $1,150,000 +0.1% $858 / Sq Ft
07/27/2018 07/27/18 For Sale $1,149,000 +29.8% $857 / Sq Ft
02/12/2015 02/12/15 Sold $885,000 -1.6% $702 / Sq Ft
10/27/2014 10/27/14 For Sale $899,000 -- $713 / Sq Ft
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
2024 $15,265 $1,257,690 $432,601 $825,089
2023 $14,968 $1,233,030 $424,119 $808,911
2022 $14,265 $1,208,853 $415,803 $793,050
2021 $14,090 $1,185,150 $407,650 $777,500
2019 $13,662 $1,150,000 $395,560 $754,440
2018 $11,327 $934,791 $373,916 $560,875
2016 $10,835 $898,495 $359,398 $539,097
2015 $7,825 $645,871 $373,832 $272,039
2014 $7,853 $633,221 $366,510 $266,711
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-393843

The MLS

APN: 4230-030-153