$1,600,000
SOLD MAY 25, 2021

42 Brooks Ave Unit 1 Venice, CA 90291

Venice Neighborhood
3 Beds
2 Baths
1,844 Sq Ft
2,991 Sq Ft Lot

Recently Sold

$868 Per Sq Ft

9% Below List Price

16 Days on Market

Highlights

  • Ocean View
  • Fireplace in Primary Bedroom
  • Air Conditioning
  • Venice High School Rated A
  • Contemporary Architecture
  • 3-minute walk to Westminster Dog Park

About This Home

As of May 2021

This Beautiful vacant 3 Bed, 2 Bath One story Beach condo is part of a private 2 unit Condominium building & being sold with the other vacant 3 Bed, 2 Bath One story condo Unit #2 @ MLS#21-707990. There is an additional common area rec room per the permit file (See Permit File In Docs). Located at the beach in World renowned Venice Beach California. Very clean well maintained enclosed security building in move in condition. Enclosed Secured Garage parking for 6 cars (3 cars per unit) and lots of storage space. Elevator access direct from garage to unit. Very spacious floor plan, filled with lots of light, some ocean view, fireplaces in living room & master bedrooms, private patio, large master bath w/ Jacuzzi tub, separate shower & large walk in closet. Spectacular Roof Top Deck with Ocean, Mountain & City Views. Very unique opportunity to buy both units at the beach, live in 1 unit, rent out the other & options with the additional unit located on the 1st level. Located in Silicon Beach one of the hippest most sought after areas where you can walk to the beach, enjoy shopping and dining on famous Abbot Kinney Blvd. Close to the neighboring communities of Marina Del Rey, Playa Del Rey, Santa Monica & West Los Angeles. (See Permit in docs)

Last Agent to Sell the Property

Francyne Lambert

Lambert Investments, Inc. License #00827267 Listed on: 03/18/2021

Last Buyer's Agent

Julie Kirschbaum

Engel & Völkers License #01897701

Engel & Völkers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,594

Year Built

  • Built in 1990

Lot Details

  • 2,991 Sq Ft Lot
  • Gated Home
  • Property is zoned LARD1.5

Parking

  • 3 Car Garage

Property Views

  • Ocean
  • Coastline
  • City
  • Mountain

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,844 Sq Ft Home
  • 3-Story Property
  • Living Room with Fireplace
  • Laundry in unit

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • 2 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Utilities

  • Air Conditioning

Community Details

Listing and Financial Details

  • Assessor Parcel Number 4286-026-027

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,594

Year Built

Built in 1990

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: None
  • Living Area: 1844
  • Lot Acreage: 0.0687
  • Stories: 3
  • Year Built: 1990
  • Number Of Photos: 27
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Bedrooms: 3
  • Common Walls: Detached/No Common Walls
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Microwave, Refrigerator, Dishwasher, Range/Oven
  • Price Per S Q F T: 949.02

Exterior Features

  • Other Structures: None
  • Pool: No
  • View: Ocean, Mountains, City, Coastline
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Covered Parking: 3
  • Parking Garage: Garage
  • Total Parking: 3

Utilities

  • Cooling: Air Conditioning
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Gated

Lot Info

  • Assessor Parcel Number: 4286-026-027
  • Lot Size Area: 2991

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Flat
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2021
Closed on
Apr 14, 2021
Sold by
Tail Of The Whale Llc
Bought by
Rosenberg Joel
Seller's Agent
Francyne Lambert
Lambert Investments, Inc.
Buyer's Agent
Julie Kirschbaum
Engel & Völkers
List Price
$1,750,000
Sold Price
$1,600,000
Premium/Discount to List
-$150,000
-8.57%
Current Estimated Value
$1,918,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,012
Avg. Annual Appreciation
4.20%
Original Mortgage
$1,280,000
Outstanding Balance
$1,162,462
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$747,641

Purchase Details

Closed on
Apr 21, 2007
Sold by
Jacob Alan M and Jacob Miriam B
Bought by
Tale Of The Whale Llc

Purchase Details

Closed on
Jan 11, 1995
Sold by
Rochlin Iris and Rochin Iris
Bought by
42 Brooks

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,250
Interest Rate
9.21%

Purchase Details

Closed on
Dec 7, 1994
Sold by
42 Brooks
Bought by
Jacob Alan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,250
Interest Rate
9.21%
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Grant Deed $1,600,000 Old Republic Title Company
Quit Claim Deed -- None Available
Grant Deed -- United Title Company
Partnership Grant Deed $265,000 United Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,280,000 New Conventional
Previous Owner $295,000 Unknown
Previous Owner $235,000 Unknown
Previous Owner $148,000 Credit Line Revolving
Previous Owner $227,250 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2021 05/25/21 Sold $1,600,000 -8.6% $868 / Sq Ft
04/03/2021 04/03/21 Pending -- -- --
03/18/2021 03/18/21 For Sale $1,750,000 -- $949 / 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
2025 $20,594 $1,731,887 $1,362,347 $369,540
2024 $20,594 $1,697,930 $1,335,635 $362,295
2023 $20,194 $1,664,639 $1,309,447 $355,192
2022 $19,248 $1,632,000 $1,283,772 $348,228
2021 $5,042 $411,199 $155,166 $256,033
2020 $5,091 $406,983 $153,575 $253,408
2019 $4,893 $399,004 $150,564 $248,440
2018 $4,855 $391,181 $147,612 $243,569
2016 $4,630 $375,993 $141,881 $234,112
2015 $4,564 $370,346 $139,750 $230,596
2014 $4,585 $363,092 $137,013 $226,079
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-713086

The MLS

APN: 4286-026-027