NOT LISTED FOR SALE

50 Wavecrest Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,922,309 - $2,414,000

2 Beds
1 Bath
640 Sq Ft
$3,425/Sq Ft Est. Value

About This Home

Available for private showings and virtual tours. Bright and open concept 2 Bedroom/1 Bathroom home with a spacious private front yard, in-unit washer/dryer, and with parking on the famous Venice Walk Streets. Unbeatable location one block away from Venice Beach and only a few blocks away from Abbot Kinney Blvd. Unit has a quintessential Venice feel and look. Enjoy having your own spacious front yard with CA native succulent plants, trees, and plenty of room for entertaining. Entire interior of unit has been recently painted. Living areas have classic painted original wood floors, a covered fireplace with mantel, ceiling fan/light, large white framed windows that allow for lots of natural sunlight, and a high ceiling. Kitchen has original details with red floors, a beachy light fixture, a stove/oven, refrigerator, white wood cabinetry, tile counters and back splash, and plenty of room for storage space. Primary bedroom is large, has original architectural details, a modern ceiling fan/light, lots of closet space, wood ceiling beam, and great views of the front yard. Secondary bedroom is spacious and bright. Bathroom is renovated with a modern grey vanity, subway tiled shower with shower rod, spacious soaking tub, and blue flooring. Unit comes with tandem parking spaces. Enjoy a truly Venice living experience on the Walk Streets!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2023
Sold by
Taylor Karen L
Bought by
Levy Jared
Current Estimated Value
$2,192,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,000
Outstanding Balance
$646,957
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$1,545,121

Purchase Details

Closed on
Jan 10, 2023
Sold by
Iris Levy Trust
Bought by
Levy Jared and Levy Erik A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,000
Outstanding Balance
$646,957
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$1,545,121

Purchase Details

Closed on
Dec 6, 2010
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
$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:

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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
Levy Jared -- --
Levy Erik A -- Fidelity National Title
Levy Jared -- Fidelity National Title
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
Open Levy Jared $665,000
Previous Owner Levy Iris $480,000
Previous Owner Levy Iris $520,000
Previous Owner Levy Iris $472,000
Previous Owner Levy Iris $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2022 10/03/22 Rented $4,100 -3.5% --
09/26/2022 09/26/22 For Rent $4,250 0.0% --
09/22/2022 09/22/22 Off Market $4,250 -- --
09/08/2022 09/08/22 Price Changed $4,250 -10.5% $7 / Sq Ft
08/18/2022 08/18/22 For Rent $4,750 -- --

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
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

  • Daniel Glaser

    Seller's Agent in 2022

    Daniel Glaser

    Glaser Property Management Inc.

    (310) 367-9946

    5 Total Sales

    Daniel Glaser
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Map

California Los Angeles County Venice 90291 Venice

50 Wavecrest Ave, Venice, CA

This home is located at 50 Wavecrest Ave, Venice, CA 90291 and is currently estimated at $2,192,077, approximately $3,425 per square foot. 50 Wavecrest 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.

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.

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