NOT LISTED FOR SALE

50 Wavecrest Ave Unit 2 Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,930,031 - $2,308,000

1 Bed
1 Bath
-- Sq Ft
2,648 Sq Ft Lot

Highlights

  • Coastline Views
  • Living Room
  • Bungalow
  • Venice High School Rated A
  • Open Patio
  • 1-minute walk to Westminster Dog Park

About This Home

As of August 2021

Idyllic apartment in the heart of Venice. On one side of the lot, we have a charming walking path taking you directly to the beach while on the other side, we have a road that runs parallel to Abbot Kinney, bringing you to all the coolest restaurants, bars, shops and parks. This unit has lots of natural light, updated appliances, tandem parking and locked fences for security. With a generous amount of space, this bungalow beach-style apartment is the perfect Venice home.

Last Agent to Rent the Property

Matilda Thomas

Sotheby's International Realty License #02149384 Listed on: 08/06/2021

Sotheby's International Realty

Last Renter's Agent

Jet Mendes

The Beverly Hills Estates License #02128708

The Beverly Hills Estates

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1907

Lot Details

  • 2,648

Home Design

  • Bungalow
  • Split Level Home

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Entryway
  • Living Room
  • Laminate Flooring
  • Coastline Views

Kitchen

  • Microwave
  • Freezer
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Open Parking Space
  • 1 Parking Space

Additional Features

  • Open Patio
  • Heating System Mounted To A Wall or Window

Community Details

  • Pets Allowed

Listing and Financial Details

  • Security Deposit $2,185
  • Tenant pays for electricity
  • Rent includes gardener, gas, water, trash collection
  • 12 Month Lease Term
  • Assessor Parcel Number 4226-004-024

Condo Details

Home Type

Condominium

Year Built

Built in 1907

Lot Details

0

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Lease Option: 1
  • Rent Includes: Gardener, Gas, Water, Trash Collection
  • Security Deposit: 2185
  • Tenant Pays: Electricity

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Style: Bungalow
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Lot Acreage: 0.0608
  • Monthto Month: No
  • Stories: 2
  • Year Built: 1907
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Laminate
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Total Bathrooms: 1.00
  • Equipment: Ceiling Fan, Microwave, Freezer, Garbage Disposal, Refrigerator

Exterior Features

  • Pool: No
  • View: Walk Street, Coastline
  • View: Yes

Garage/Parking

  • Other Spaces: 1
  • Total Parking: 1

Utilities

  • Cooling: Ceiling Fan
  • Heating: Wall Electric

Association/Amenities

  • Pet Rules: Yes

Lot Info

  • Assessor Parcel Number: 4226-004-024
  • Lot Size Area: 2649

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2010
Sold by
Levy Iris
Bought by
Levy Iris and Iris Levy Trust
Current Estimated Value
$2,113,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2003
Sold by
Levy Iris
Bought by
Levy Iris and Iris Levy Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
5.79%

Purchase Details

Closed on
Mar 25, 2003
Sold by
Levy Iris
Bought by
Levy Iris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
5.79%

Purchase Details

Closed on
Jan 23, 2001
Sold by
Levy Iris
Bought by
Levy Iris and Iris Levy Trust

Purchase Details

Closed on
Apr 17, 2000
Sold by
Wittich Garey Donald
Bought by
Sefton Wittich Sonja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
8%

Purchase Details

Closed on
Mar 16, 2000
Sold by
Sefton Sonja A
Bought by
Levy Iris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
8%
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Levy Iris -- None Available
Levy Iris -- Fidelity National Title Co
Levy Iris -- --
Levy Iris -- First American Title Co
Levy Iris -- --
Sefton Wittich Sonja -- Progressive Title Company
Levy Iris $450,000 Progressive Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Levy Iris $480,000
Previous Owner Levy Iris $520,000
Previous Owner Levy Iris $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2021 08/12/21 Rented $2,185 0.0% --
08/06/2021 08/06/21 For Rent $2,185 -- --
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 $28,745 $2,413,728 $2,184,840 $228,888
2024 $28,745 $2,366,400 $2,142,000 $224,400
2023 $8,354 $666,635 $531,816 $134,819
2022 $7,975 $653,565 $521,389 $132,176
2021 $7,867 $640,751 $511,166 $129,585
2019 $7,636 $621,748 $496,005 $125,743
2018 $7,587 $609,558 $486,280 $123,278
2016 $7,246 $585,891 $467,399 $118,492
2015 $7,142 $577,092 $460,379 $116,713
2014 $7,189 $565,788 $451,361 $114,427
Source: Public Records

Agents Affiliated with this Home

  • Matilda Thomas

    Landlord's Agent in 2021

    Matilda Thomas

    Sotheby's International Realty

    (858) 354-1633

    3 Total Sales

    Matilda Thomas
    Section Image

  • J

    Tenant's Agent in 2021

    Jet Mendes

    The Beverly Hills Estates

    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 21-769854

The MLS

APN: 4226-004-024

California Los Angeles County Venice 90291 Venice

50 Wavecrest Ave Unit 2, Venice, CA

Not Listed for Sale

Condos

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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.
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.

Nearby Homes