NOT LISTED FOR SALE

Estimated Value: $2,108,458 - $3,261,000

5 Beds
2 Baths
1,556 Sq Ft
$1,706/Sq Ft Est. Value

Last Sold January 23, 2014

Last sale price $1,550,000 $996 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $15,766/month

107 Days on Market

Highlights

  • Beach Front
  • Property has ocean access
  • No HOA
  • Ocean View
  • Deck
  • Galley Kitchen

About This Home

As of January 2014

Many call the cul-de-sac on Ocean Drive the best location in Hollywood Beach, as there is little street traffic and the beach appears private. 4161 Ocean is ideally located in this very stretch of Hollywood Beach known for its ties to entertainment icons from the 1920s to the 1950s. While it still draws entertainers who wish to travel north of Malibu to truly escape, the charm of this bygone time lives on in this family-friendly home. Built in 1949, the home exudes personality with custom murals, an ocean view bar and a spacious great room with a fireplace and superb ocean and island views. On the main floor, there is a bedroom and bathroom. Upstairs, four additional bedrooms and another bathroom provide room to sleep family and guests. A garage with 2 separate bays provides the ideal place to store your beach 'toys.' Come for the weekend, the summer, the sunset - enjoy full-time - or utilize as a vacation rental in this desirable recreation community.

Last Agent to Sell the Property

Karen Stein

Coldwell Banker Realty Brokerage Email: karenstein63@gmail.com License #01505059 Listed on: 06/24/2013

Coldwell Banker Realty

Co-Listed By

Ariel & Karen Palmieri

Coldwell Banker Realty Brokerage Email: karenstein63@gmail.com License #01501968

Last Buyer's Agent

Karen Stein

Coldwell Banker Realty Brokerage Email: karenstein63@gmail.com License #01505059 Listed on: 06/24/2013

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 2,614 Sq Ft Lot
  • Beach Front
  • Vinyl Fence
  • Property is zoned R1

Home Design

  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,556 Sq Ft Home
  • Living Room with Fireplace
  • Dining Room
  • Carpet
  • Ocean Views

Kitchen

  • Galley Kitchen
  • Breakfast Bar
  • Electric Cooktop

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Parking

  • Parking Available
  • Two Garage Doors

Outdoor Features

  • Property has ocean access
  • Deck
  • Slab Porch or Patio

Utilities

  • No Heating
  • Gas Water Heater
  • Conventional Septic

Community Details

  • No Home Owners Association
  • Hollywood Beach 0302 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2060272110

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Hollywood Beach - 0302
  • View: Yes
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2060272110
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1556.00
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 996.14
  • Room Type: Galley Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Ocean
  • Fence: Yes
  • Fencing: Vinyl
  • Patio And Porch Features: Concrete, Slab, Deck
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Garage - Two Door

Utilities

  • Utilities: Sewer Connected
  • Heating: No
  • Laundry: Yes
  • Appliances: Gas Water Heater, Electric Cooking
  • Laundry Features: In Garage
  • Sewer: Conventional Septic, Public Sewer

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 2614.00
  • Lot Size Acres: 0.0600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2614.0000 Square Feet
  • Waterfront Features: Beach Access, Ocean Front, Ocean Access, Beach Front

Tax Info

  • Tax Census Tract: Hollywood Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2017
Sold by
Lau Jacob and Lau Erica
Bought by
Lau Jacob Edward and Lau Erica Kayo
Current Estimated Value
$2,654,865

Purchase Details

Listed on
Jun 24, 2013
Closed on
Dec 11, 2013
Sold by
Katz Mitchell A
Bought by
Lau Jacob and Lau Erica
Seller's Agent
Karen Stein
Coldwell Banker Realty
Buyer's Agent
Karen Stein
Coldwell Banker Realty
List Price
$1,975,000
Sold Price
$1,550,000
Premium/Discount to List
-$425,000
-21.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.61%
Original Mortgage
$1,240,000
Outstanding Balance
$324,622
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$2,330,243

Purchase Details

Closed on
Sep 21, 2004
Sold by
Kormos Eva
Bought by
Katz Mitchell A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,323,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2004
Sold by
Titcomb Stanley C
Bought by
Katz Mitchell A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,323,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 2001
Sold by
Titcomb Sharon A
Bought by
Titcomb Stanley C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$633,750
Interest Rate
7.12%

Purchase Details

Closed on
Mar 8, 2000
Sold by
Finkle David G and Finkle Roberta I
Bought by
Bachmann Peter H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
7.75%

Purchase Details

Closed on
Mar 7, 2000
Sold by
Finkle David G and Finkle Maureen P
Bought by
Finkle David G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
7.75%

Purchase Details

Closed on
Apr 20, 1998
Sold by
Finkle David G
Bought by
Finkle David G and Truman Roberta I
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Lau Jacob Edward -- None Available
Lau Jacob $1,550,000 Equity Title Los Angeles
Katz Mitchell A -- Fidelity National Title Co
Katz Mitchell A $1,890,000 Fidelity National Title Co
Titcomb Stanley C -- Stewart Title
Titcomb Stanley C $845,000 Stewart Title
Bachmann Peter H $675,000 Stewart Title
Finkle David G -- Stewart Title
Finkle David G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lau Jacob $1,240,000
Previous Owner Katz Mitchell A $1,323,000
Previous Owner Titcomb Stanley C $633,750
Previous Owner Bachmann Peter H $540,000
Closed Katz Mitchell A $172,992
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2014 01/23/14 Sold $1,550,000 -21.5% $996 / Sq Ft
10/09/2013 10/09/13 Pending -- -- --
06/24/2013 06/24/13 For Sale $1,975,000 -- $1,269 / Sq Ft
Source: Ventura County Regional Data Share

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 $22,268 $1,900,075 $1,235,050 $665,025
2024 $22,268 $1,862,819 $1,210,833 $651,986
2023 $21,152 $1,826,294 $1,187,092 $639,202
2022 $20,560 $1,790,485 $1,163,816 $626,669
2021 $20,552 $1,755,378 $1,140,996 $614,382
2020 $20,309 $1,737,381 $1,129,298 $608,083
2019 $20,022 $1,703,315 $1,107,155 $596,160
2018 $19,351 $1,669,918 $1,085,447 $584,471
2017 $18,637 $1,637,175 $1,064,164 $573,011
2016 $18,074 $1,605,075 $1,043,299 $561,776
2015 $17,627 $1,580,968 $1,027,629 $553,339
2014 $17,440 $1,550,000 $1,476,000 $74,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ventura County Regional Data Share

MLS Number: V0-13008817

Ventura County Regional Data Share

APN: 206-0-272-110