NOT LISTED FOR SALE

45 Wavecrest Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $3,052,000 - $3,777,000

6 Beds
4 Baths
2,908 Sq Ft
$1,149/Sq Ft Est. Value

Sale Details

Date Sold: May 24, 2017

Last sale price $2,705,625 $930 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $21,535 / mo

15 Days on Market

Highlights

  • Views of Trees
  • Attached Carport
  • Forced Air Heating System

About This Home

As of May 2017

LOCATION! LOCATION! LOCATION! Steps to Venice Beach! NO RENT CONTROL! Architectural 3-story duplex half block off the sand in Venice Beach. This Venice treasure includes two 3 bed/2 bath spacious units. 4 car gated parking. The upper unit offers high ceilings, open floor plan, and rooftop deck with spectacular ocean, mountain and city views. Both units include fireplace, inside laundry, and balconies off master and living room. Low maintenance charming front patio. Property delivers indoor/outdoor California living at its best. Located in the heart of Venice Beach and only blocks from major tech companies and the best dining and entertainment on the Westside. No rent control and will be delivered vacant. Perfect owner/user or investor property. This is a must see!!

Last Agent to Sell the Property

Linda Light

Coldwell Banker Realty License #00786737 Listed on: 04/24/2017

Coldwell Banker Realty

Last Buyer's Agent

Julie Kirschbaum

Engel & Völkers License #01897701

Engel & Völkers

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 2,698

Home Design

  • Duplex

Interior Spaces

  • 2,908 Sq Ft Home
  • 3-Story Property
  • Views of Trees

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 5 Parking Spaces
  • Attached Carport

Additional Features

  • 2,698 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 4226-003-025

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

2,698 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Style: Architectural
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 2908
  • Probate: No
  • Stories: 3
  • Year Built: 1987
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Laundry: In Unit
  • Total Bathrooms: 4.00
  • Equipment: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 988.65

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Tree Top, Walk Street
  • View: Yes

Garage/Parking

  • Covered Parking: 4
  • Parking Garage: Carport Attached
  • Total Parking: 5

Utilities

  • Heating: Forced Air

Lot Info

  • Assessed Improvement Value: 344425
  • Assessed Land Value: 872304
  • Assessor Parcel Number: 4226-003-025
  • Geocode Override: No
  • Lot Size Area: 2698

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Rent Control: 0
  • Type Of Units: duplex

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2017
Closed on
May 10, 2017
Sold by
Bought by
Seller's Agent
Linda Light
Coldwell Banker Realty
Buyer's Agent
Julie Kirschbaum
Engel & Völkers
List Price
$2,875,000
Sold Price
$2,705,625
Premium/Discount to List
-$169,375
-5.89%
Current Estimated Value
$3,340,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$635,132
Avg. Annual Appreciation
2.32%

Purchase Details

Closed on
May 5, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
4.23%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 12, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Interest Rate
6.75%

Purchase Details

Closed on
Nov 30, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$559,000
Interest Rate
8%

Purchase Details

Closed on
Jun 10, 1994
Sold by
Bought by

Purchase Details

Closed on
May 18, 1994
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Venice, CA

  • Victoria Waldorf Real Estate Agent - Equity Union

    Victoria Waldorf

    Equity Union

    (747) 293-4720

    88 Total Sales

    1 in Venice

    $2,400,000 Price

    Victoria Waldorf
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  • Michelle Martino Real Estate Agent - KW Westside Estates

    Michelle Martino

    KW Westside Estates

    (213) 799-4737

    17 Total Sales

    1 in Venice

    $2,250,000 Price

    Michelle Martino
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  • Rory Cochrane Real Estate Agent - West Shores Realty, Inc.

    Rory Cochrane

    West Shores Realty, Inc.

    (424) 372-8596

    5 Total Sales

    4 in Venice

    $912,500 Price Range

    Rory Cochrane
     Section Image
  • Megan Husri Real Estate Agent - Keller Williams Studio City

    Megan Husri

    Responds Quickly

    Keller Williams Studio City

    (747) 279-3321

    88 Total Sales

    1 in Venice

    $1,700,000 Price

    Megan Husri
     Section Image
  • Chad Singer Real Estate Agent - Amalfi Estates

    Chad Singer

    Responds Quickly

    Amalfi Estates

    (855) 936-0705

    91 Total Sales

    2 in Venice

    $1.1M - $1.8M Price Range

    Chad Singer
     Section Image
  • Jackie Lira Real Estate Agent - eXp Realty of Greater Los Angeles

    Jackie Lira

    eXp Realty of Greater Los Angeles

    (424) 523-8009

    3 Total Sales

    1 in Venice

    $1,697,500 Price

    Jackie Lira
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,706,000 Lawyers Title Company
-- Wfg Title Company
$975,000 Southland Title Corporation
-- Equity Title Company
$860,000 Equity Title Company
-- Commonwealth Land Title Co
-- Commonwealth Land Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,660,000
Closed $1,700,000
Previous Owner $70,000
Previous Owner $800,000
Previous Owner $481,400
Previous Owner $500,000
Previous Owner $443,000
Previous Owner $450,000
Previous Owner $455,000
Previous Owner $559,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/24/2017 05/24/17 Sold $2,705,625 -5.9% $930 / Sq Ft
05/09/2017 05/09/17 Pending -- -- --
04/24/2017 04/24/17 For Sale $2,875,000 -- $989 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $37,658 $3,140,103 $2,321,893 $818,210
2024 $37,264 $3,078,533 $2,276,366 $802,167
2023 $36,535 $3,018,171 $2,231,732 $786,439
2022 $34,820 $2,958,992 $2,187,973 $771,019
2021 $34,400 $2,900,973 $2,145,072 $755,901
2019 $33,359 $2,814,931 $2,081,449 $733,482
2018 $33,269 $2,759,737 $2,040,637 $719,100
2016 $14,636 $1,216,729 $872,304 $344,425
2015 $14,420 $1,198,454 $859,202 $339,252
2014 $14,468 $1,174,979 $842,372 $332,607
Source: Public Records

Agents Affiliated with this Home

  • Linda Light Real Estate Agent - Coldwell Banker Realty

    Seller's Agent in 2017

    Linda Light

    Coldwell Banker Realty

    (310) 963-7010

    1 in this area

    30 Total Sales

    Linda Light
    Section Image
  • Julie Kirschbaum Real Estate Agent - Engel & Volkers Santa Monica

    Buyer's Agent in 2017

    Julie Kirschbaum

    Engel & Volkers Santa Monica

    (310) 460-2525

    7 in this area

    21 Total Sales

    Julie Kirschbaum
    Section Image
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Map

Source: The MLS

MLS Number: 17-223742

The MLS

APN: 4226-003-025

California Los Angeles County Venice 90291 Venice

45 Wavecrest Ave, Venice, CA

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The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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