$885,000
SOLD FEB 12, 2015
2 Beds
2 Baths
1,260 Sq Ft
0.26 Acres

Recently Sold

$702 Per Sq Ft

2% Below List Price

78 Days on Market

Highlights

  • Gated with Attendant
  • Gated Parking
  • Colonial Architecture
  • Venice High School Rated A
  • 11,522 Sq Ft lot
  • Wood Flooring

About This Home

As of October 2024

Gorgeous condo in the highly desirable Gallery Lofts in the Marina art District. This 2-bedroom / 2-bath loft features huge 11' ceilings with floor to ceiling windows, high end kitchen equipped with stainless steel appliances and Bertazzoni Range and custom stainless steel island. Large, beautiful terrace overlooks the courtyard. Ideally located with an 89 Walking score, you are close to Abbott Kinney, the Marina, restaurants, shopping and entertainment. Unit comes with 2 parking spaces.

Last Agent to Sell the Property

Dion Cheng

Omni Real Estate License #01478360 Listed on: 10/27/2014

Last Buyer's Agent

Sabine Pleissner

Compass License #01908450

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,265

Year Built

  • Built in 2011

Lot Details

  • Gated Home
  • Sprinkler System

Home Design

  • Colonial Architecture

Interior Spaces

  • 1,260 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Sliding Doors
  • Dining Room
  • Den
  • Wood Flooring
  • Courtyard Views

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Sunken Shower or Bathtub
  • 2 Full Bathrooms
  • <<tubWithShowerToken>>

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • 2 Covered Spaces
  • Parking Deck
  • Gated Parking
  • Guest Parking

Outdoor Features

  • Fire Pit

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4230-030-153

Community Details

Overview

  • Association fees include building and grounds, insurance, maintenance paid, trash, water and sewer paid
  • 100 Units

Amenities

  • Community Barbecue Grill
  • Elevator

Pet Policy

  • Pets Allowed

Security

  • Gated with Attendant
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,265

Year Built

Built in 2011

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Colonial
  • Street Number Display: Yes
  • Complex Name: Action Property Management
  • Entry Floor: 4
  • Living Area: 1260
  • Planned Urban Dev: 0
  • Stories: 1
  • Unit Floor In Building: 4
  • Year Built: 2011
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Fire Pit
  • Flooring: Hardwood
  • Bedrooms: 2
  • Fireplaces: 0
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: WalkInCloset
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower and Tub, Shower Stall, Sunken Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Elevator, Hood Fan, Network Wire, Range/Oven, Refrigerator, Stackable W/D Hookup, Washer
  • Fireplace: No
  • Price Per S Q F T: 713.49

Exterior Features

  • Balcony: Yes
  • Other Features: Balcony, High Ceilings (9 Feet+), Sliding Glass Doors, Sprinkler System
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Courtyard
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Deck(s), Garage - 2 Car, Gated, Parking Space
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central
  • Earth Quake Ins: 0
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Fire Sprinklers, Gated

Association/Amenities

  • Amenities: Assoc Barbecue, Elevator, Gated Community, Gated Community Guard, Guest Parking
  • Pet Rules: Yes

Condo/Co-op/Association

  • Association Fees Include: Building and Grounds, Insurance, Maintenance Paid, Trash, Water and Sewer Paid
  • HOA Fees: 335.92

Lot Info

  • Sprinklers: Sprinkler System
  • Assessor Parcel Number: 4230-030-153
  • Geocode Override: No
  • Lot Description: Gated Community
  • Lot Size Area: 11522

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: 14-806231

The MLS

APN: 4230-030-153