NOT LISTED FOR SALE

42 Brooks Ave Unit 2 Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,696,000 - $1,840,000

3 Beds
2 Baths
1,844 Sq Ft
$973/Sq Ft Est. Value

Last Sold May 18, 2021

Last sale price $1,400,000 $759 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $10,918/month

16 Days on Market

Highlights

  • Ocean View
  • Contemporary Architecture
  • 3 Car Garage
  • Venice High School Rated A
  • Air Conditioning
  • 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 #1 @ MLS#21-713086. 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 File 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

Year Built

  • Built in 1990

Lot Details

  • 2,991 Sq Ft Lot
  • 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
  • Alarm System

Kitchen

  • Oven or Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Air Conditioning

Community Details

Listing and Financial Details

  • Assessor Parcel Number 4286-026-028

Home Details

Home Type

Single Family

Year Built

Built in 1990

Lot Details

0

Parking

3

Listing Details

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

Interior Features

  • Bedrooms: 3
  • Common Walls: Detached/No Common Walls
  • Total Bathrooms: 2.00
  • Equipment: Alarm System, Microwave, Garbage Disposal, Refrigerator, Range/Oven, Dryer, Washer
  • Price Per S Q F T: 810.74

Exterior Features

  • Other Structures: None
  • View: Coastline, City, Ocean, Mountains
  • View: Yes

Garage/Parking

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

Utilities

  • Cooling: Air Conditioning

Lot Info

  • Assessed Improvement Percent: 65.58
  • Assessed Improvement Value: 307167
  • Assessed Land Percent: 34.42
  • Assessed Land Value: 161253
  • Total Assessed Value: 468420
  • Assessor Parcel Number: 4286-026-028
  • Lot Size Area: 2991

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Type Of Units: Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2005
Sold by
Jacob Alan M and Jacob Miriam B
Bought by
Jacob Alan M
Current Estimated Value
$1,793,560

Purchase Details

Closed on
Oct 20, 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
$244,000
Interest Rate
6%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Jacob Alan M -- --
Jacob Alan M -- --
Jacob Alan M $305,000 United Title Company
42 Brooks -- United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Jacob Alan M $244,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2021 05/18/21 Sold $1,400,000 -6.4% $759 / Sq Ft
04/03/2021 04/03/21 Pending -- -- --
03/18/2021 03/18/21 For Sale $1,495,000 -- $811 / 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 $18,246 $1,515,402 $1,144,346 $371,056
2024 $18,048 $1,485,689 $1,121,908 $363,781
2023 $17,698 $1,456,559 $1,099,910 $356,649
2022 $16,870 $1,428,000 $1,078,344 $349,656
2021 $5,772 $473,272 $162,923 $310,349
2020 $5,829 $468,420 $161,253 $307,167
2019 $5,600 $459,237 $158,092 $301,145
2018 $5,562 $450,234 $154,993 $295,241
2016 $5,307 $432,752 $148,975 $283,777
2015 $5,230 $426,253 $146,738 $279,515
2014 $5,253 $417,904 $143,864 $274,040
Source: Public Records

Agents Affiliated with this Home

  • Francyne Lambert

    Seller's Agent in 2021

    Francyne Lambert

    Lambert Investments, Inc.

    (310) 720-9299

    6 in this area

    18 Total Sales

    Francyne Lambert
    Section Image
  • Julie Kirschbaum

    Buyer's Agent in 2021

    Julie Kirschbaum

    Engel & Volkers Santa Monica

    (310) 460-2525

    9 in this area

    20 Total Sales

    Julie Kirschbaum
    Section Image
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Map

Source: The MLS

MLS Number: 21-707990

The MLS

APN: 4286-026-028

California Los Angeles County Venice 90291 Venice

42 Brooks Ave Unit 2, Venice, CA

Not Listed for Sale

Detached

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