NOT LISTED FOR SALE

Estimated Value: $1,598,000 - $3,086,000

2 Beds
1 Bath
936 Sq Ft
$2,658/Sq Ft Est. Value

Last Sold March 13, 2019

Last sale price $1,225,000 $1,309 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $15,433/month

387 Days on Market

Highlights

  • Room in yard for a pool
  • Wood Flooring
  • No HOA
  • Venice High School Rated A
  • Spanish Architecture
  • Floor Furnace

About This Home

As of March 2019

10,179 sf. RARE, HUGE LOT ON THE WESTSIDE! Possibly the best redevelop & live in, or flip opportunity in the area in years. "STREET TO ALLEY" flat lot in Central Del Rey in the NW section of "Silicon Beach". The existing 1920's Spanish bungalow is quite charming on the outside and a fixer on the inside requiring a Buyer ready, willing, and able to make it their own. Build new and have a main home facing the beautifully quiet tree lined street. Add an "ADU" Guest house for additional income at the Alley behind. Prime mid-block location at the center point between Google's business park in Playa Vista & Venice's top rated restaurants and world class shopping on Abbot Kinney. Other close-by amenities include the "Marina Marketplace", "Marina Square","Restaurant Row", and Playa Vista's "Runway" for incredible options to service your lifestyle. Coming soon are "Culver Public Market" & "Del Rey Crossing" so get in now before everyone else does. No "blind offers" considered.

Last Agent to Sell the Property

Eric Yetter

PLG Estates License #01431808 Listed on: 01/15/2019

Last Buyer's Agent

Ken Hirsch

Ron Michael Properties License #01358119

Ron Michael Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,946

Year Built

  • Built in 1924

Lot Details

  • 10,179 Sq Ft Lot
  • West Facing Home
  • Rectangular Lot
  • Level Lot
  • Property is zoned LAR1

Home Design

  • Spanish Architecture
  • Raised Foundation
  • Stucco

Interior Spaces

  • 936 Sq Ft Home
  • 1-Story Property
  • Decorative Fireplace
  • Wood Flooring
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Pool

  • Room in yard for a pool

Utilities

  • Floor Furnace
  • Septic Tank
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4231-016-031

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,946

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Advertising Remarks: 10,179 sf. RARE, HUGE LOT ON THE WESTSIDE! Possibly the best redevelop & live in, or flip opportunity in the area in years. "STREET TO ALLEY" flat lot in Central Del Rey in the NW section of "Silicon Beach". The existing 1920's Spanish bungalow is quite charming on the outside and a fixer on the inside requiring a Buyer ready, willing, and able to make it their own. Build new and have a main home facing the beautifully quiet tree lined street. Add an "ADU" Guest house for additional income at the Alley behind. Prime mid-block location at the center point between Google's business park in Playa Vista & Venice's top rated restaurants and world class shopping on Abbot Kinney. Other close-by amenities include the "Marina Marketplace", "Marina Square","Restaurant Row", and Playa Vista's "Runway" for incredible options to service your lifestyle. Coming soon are "Culver Public Market" & "Del Rey Crossing" so get in now before everyone else does. No "blind offers" considered.
  • Living Area: 936
  • Stories: 1
  • Year Built: 1924
  • Number Of Photos: 13
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Decorative
  • Flooring: Hardwood, Mixed
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 1.00
  • Den: 0
  • Fireplace: Yes
  • Price Per S Q F T: 1334.40

Exterior Features

  • Direction Faces: West
  • Construction: Stucco
  • Tennis Court Y/N: No
  • Foundation Details: Raised
  • Pool Description: Room For
  • Pool: No
  • Spa Yn: No
  • View: No

Utilities

  • Heating: Floor Furnace
  • Sewer: In Street, On Site, Septic Tank
  • Water: In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4231-016-031
  • Geocode Override: No
  • Lot Description: Lot Shape-Rectangular, Lot-Level/Flat
  • Lot Size Area: 10179

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2019
Closed on
Feb 4, 2019
Sold by
Liv Page William Lawrence and Liv William L T Page Revocable
Bought by
Lindsey Christian Christopher and Lindsey Christian
Seller's Agent
Eric Yetter
PLG Estates
Buyer's Agent
Ken Hirsch
Ron Michael Properties
List Price
$1,249,000
Sold Price
$1,225,000
Premium/Discount to List
-$24,000
-1.92%
Current Estimated Value
$2,487,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,262,667
Avg. Annual Appreciation
11.28%
Original Mortgage
$250,000
Outstanding Balance
$219,347
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,268,320

Purchase Details

Closed on
Feb 4, 2018
Sold by
Page William T
Bought by
Carranza Patricia and William L T Page Revocable Living Trust

Purchase Details

Closed on
Feb 27, 2017
Sold by
Carranza Patricia
Bought by
Page William L T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,800
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2014
Sold by
Page William L T
Bought by
Carranza Patricia and William L T Page Revocable Living Trust
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 Buyer Sale Price Title Company
Lindsey Christian Christopher $1,225,000 First American Title Co
Carranza Patricia -- None Available
Page William L T -- American Coast Title
Carranza Patricia -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lindsey Christian Christopher $250,000
Previous Owner Page William L T $253,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2019 03/13/19 Sold $1,225,000 -1.9% $1,309 / Sq Ft
01/15/2018 01/15/18 For Sale $1,249,000 -- $1,334 / 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 $28,946 $2,423,681 $1,366,507 $1,057,174
2024 $28,946 $2,376,159 $1,339,713 $1,036,446
2023 $28,384 $2,329,569 $1,313,445 $1,016,124
2022 $27,059 $2,283,892 $1,287,692 $996,200
2021 $15,063 $1,262,443 $1,009,955 $252,488
2020 $15,221 $1,249,500 $999,600 $249,900
2019 $13,777 $73,131 $55,800 $17,331
2018 $946 $71,698 $54,706 $16,992
2016 $896 $68,916 $52,583 $16,333
2015 $884 $67,882 $51,794 $16,088
2014 $900 $66,553 $50,780 $15,773
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-421294

The MLS

APN: 4231-016-031