NOT LISTED FOR SALE

49 Brooks Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $2,449,698 - $2,612,000

2 Beds
2.5 Baths
2,318 Sq Ft
$1,101/Sq Ft Est. Value

Last Sold May 08, 2017

Last sale price $2,525,000 $1,089 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $17,932/month

14 Days on Market

Highlights

  • Ocean View
  • Fireplace in Primary Bedroom
  • Sundeck
  • Venice High School Rated A
  • Wood Flooring
  • 3-minute walk to Westminster Dog Park

About This Home

As of May 2017

Stunning James Schmidt architectural loft style town home located one block from the famous Venice Boardwalk, Main Street & Abbot Kinney. This 2 bed/2.5 bath features walnut floors, a gourmet kitchen, Caesarstone counter tops, three fireplaces, roof top deck and a private 2 car tandem garage. With seamless windows which flood the home with light, high ceilings, radiant floor heating and custom finishes throughout, this property epitomizes modern sophistication. Master Suite complete with fireplace, large walk-in closet and spacious ensuite bath with a steam shower and free standing bathtub. The expansive roof top sun deck with 360 degree ocean and mountain views, custom-made trellis, an outdoor kitchen and grill equipped with Viking appliances and a built-in fireplace provide the perfect space for entertaining.

Last Agent to Sell the Property

Jason Oppenheim

The Oppenheim Group, Inc. License #01863254 Listed on: 03/29/2017

The Oppenheim Group, Inc.

Co-Listed By

Peter Cornell

The Oppenheim Group, Inc. License #02001634

Last Buyer's Agent

Frank Fountain

Estate Properties License #01193674

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $34,716

Year Built

  • Built in 2008

Lot Details

  • 3,578 Sq Ft Lot
  • No Common Walls

HOA Fees

  • $150 Monthly HOA Fees

Property Views

  • Ocean
  • City Lights
  • Mountain

Home Design

  • Split Level Home

Interior Spaces

  • 2,318 Sq Ft Home
  • Built-In Features
  • Family Room with Fireplace
  • Wood Flooring
  • Security System Owned

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Tandem Parking

Outdoor Features

  • Patio

Utilities

  • Radiant Heating System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4286-025-036

Community Details

Overview

  • 2 Units

Amenities

  • Sundeck

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$34,716

Year Built

Built in 2008

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Style: Architectural
  • Street Number Display: Yes
  • Complex Name: Brooks Lofts
  • Entry Floor: 1
  • Living Area: 2318
  • Planned Urban Dev: 0
  • Probate: No
  • Unit Floor In Building: 1
  • Year Built: 2008
  • Number Of Photos: 33
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Family Room, Master Bedroom, Patio
  • Flooring: Hardwood
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: None
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside, Room
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Built-Ins, Cable, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 1078.08

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: City Lights, Mountains, Ocean
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Attached, Private, Tandem

Utilities

  • Heating: Radiant
  • Security: Owned

Association/Amenities

  • Amenities: Sun Deck
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 150.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4286-025-036
  • Geocode Override: No
  • Lot Size Area: 3578

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2017
Closed on
May 26, 2017
Sold by
Margulies Logan F and Wilson Kristina E
Bought by
Margulies Logan and Wilson Kristina
Seller's Agent
Jason Oppenheim
The Oppenheim Group, Inc.
Buyer's Agent
Frank Fountain
Estate Properties
List Price
$2,499,000
Sold Price
$2,525,000
Premium/Discount to List
$26,000
1.04%
Current Estimated Value
$2,719,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,325
Avg. Annual Appreciation
0.13%
Original Mortgage
$1,515,000
Outstanding Balance
$1,253,832
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,298,067

Purchase Details

Listed on
Mar 29, 2017
Closed on
May 2, 2017
Sold by
Jorgenson Jon W
Bought by
Margulies Logan F and Wilson Kristina E
Seller's Agent
Jason Oppenheim
The Oppenheim Group, Inc.
Buyer's Agent
Frank Fountain
Estate Properties
List Price
$2,499,000
Sold Price
$2,525,000
Premium/Discount to List
$26,000
1.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,515,000
Outstanding Balance
$1,253,832
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,298,067

Purchase Details

Closed on
Sep 8, 2011
Sold by
Dogtown Properties Inc
Bought by
Jorgenson Jon W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,225,000
Interest Rate
1.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2005
Sold by
Sinnathamby Sris
Bought by
Dogtown Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$860,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2005
Sold by
King Jacob and Sinnathamby Sris
Bought by
Sinnathamby Sris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$860,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2004
Sold by
Jewett Thomas and Jewett Elinor
Bought by
King Jacob and Sinnathamby Sris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$672,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Margulies Logan -- None Available
Margulies Logan F $2,525,000 Chicago Title Company
Jorgenson Jon W $1,350,013 California Title Company
Dogtown Properties Inc -- --
Sinnathamby Sris -- United Title Company
King Jacob $960,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Logan Margulies $187,700
Open Margulies Logan F $1,515,000
Previous Owner Jorgenson Jon W $1,450,000
Previous Owner Jorgenson John W $1,000,000
Previous Owner Jorgenson Jon W $1,225,000
Previous Owner Dogtown Properties Inc $790,000
Previous Owner Sinnathamby Sris $500,000
Previous Owner Dogtown Properties Inc $350,000
Previous Owner Dogtown Properties Inc $500,000
Previous Owner Dogtown Properties Inc $1,500,000
Previous Owner Dogtown Properties Inc $1,000,000
Previous Owner Sinnathamby Sris $860,000
Previous Owner King Jacob $672,000
Previous Owner Jewett Thomas $612,500
Closed King Jacob $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2017 05/08/17 Sold $2,525,000 +1.0% $1,089 / Sq Ft
04/13/2017 04/13/17 For Sale $2,499,000 -1.0% $1,078 / Sq Ft
04/12/2017 04/12/17 Off Market $2,525,000 -- --
03/29/2017 03/29/17 For Sale $2,499,000 -- $1,078 / 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 $34,716 $2,930,474 $731,166 $2,199,308
2024 $34,716 $2,873,015 $716,830 $2,156,185
2023 $34,035 $2,816,682 $702,775 $2,113,907
2022 $32,436 $2,761,454 $688,996 $2,072,458
2021 $32,048 $2,707,309 $675,487 $2,031,822
2019 $31,078 $2,627,010 $655,452 $1,971,558
2018 $30,985 $2,575,500 $642,600 $1,932,900
2016 $17,222 $1,432,402 $1,167,143 $265,259
2015 $16,968 $1,410,887 $1,149,612 $261,275
2014 $17,019 $1,383,250 $1,127,093 $256,157
Source: Public Records

Agents Affiliated with this Home

  • Jason Oppenheim

    Seller's Agent in 2017

    Jason Oppenheim

    The Oppenheim Group, Inc.

    (310) 990-6656

    163 Total Sales

    Section Image
  • Peter Cornell

    Seller Co-Listing Agent in 2017

    Peter Cornell

    The Oppenheim Group, Inc.

    (747) 900-1086

    24 Total Sales

    Section Image

  • F

    Buyer's Agent in 2017

    Frank Fountain

    Estate Properties

See All Agents

Map

Source: The MLS

MLS Number: 17-215884

The MLS

APN: 4286-025-036

California Los Angeles County Venice 90291 Venice

49 Brooks Ave, Venice, CA

This home is located at 49 Brooks Ave, Venice, CA 90291 since 29 March 2017 and is currently estimated at $2,551,899, approximately $1,100 per square foot. This property was built in 2008. 49 Brooks Ave is a home located in Los Angeles County with nearby schools including Westminster Avenue Elementary School, Mark Twain Middle School, and Venice High School.

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The MLS © 2025 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.
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