NOT LISTED FOR SALE

550 Rose Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,599,000 - $3,130,000

3 Beds
3.5 Baths
4,200 Sq Ft
$594/Sq Ft Est. Value

Highlights

  • Gourmet Kitchen
  • Views of Trees
  • Retreat
  • Venice High School Rated A
  • Dual Staircase
  • 5-minute walk to Ozone Park

About This Home

As of October 2024

4200 sf, 3 bed, 3 1/2 bath + office Work/Live oasis of modern architectural sophistication and creative space in the heart of Venice's vibrant Rose Avenue. This award-winning design by Venice architect, Thomas Carson, features an unsurpassed 30-foot arched ceiling and a spacious, light filled open living area. A chef's kitchen and curved bar create the focal point for hosting gatherings and events. A private patio lines the living area extending it seamlessly to the outdoors, making for an impressive entertaining experience. The large front room with bath and separate entrance offers the unique option of a distinct living area from the main house--perfect for an office, studio or showroom. The Mezzanine level has a second living area and three rooms that offer private living as bedrooms or function as cozy, productive space. The third floor is a spacious primary bedroom with walk in closets and ensuite. This exceptional home is steps away from wine bars, restaurants, shops, the beach, Whole Foods, Main Street and Abbot Kinney. Enjoy the quintessence of Venice Beach living--urban sophistication and the luxury of coastal ease.

Last Agent to Rent the Property

Penny Muck

Pardee Properties License #01820065 Listed on: 05/18/2024

Co-Listed By

Katie Pardee

Pardee Properties License #01902338

Last Renter's Agent

Subscriber Non

Non-Participant Office License #13252

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998 | Remodeled

Lot Details

  • 5,090 Sq Ft Lot
  • North Facing Home
  • Property is zoned LAC4

Parking

  • 2 Car Direct Access Garage
  • 1 Open Parking Space

Home Design

  • Split Level Home
  • Entry on the 1st floor
  • Interior Block Wall

Interior Spaces

  • 4,200 Sq Ft Home
  • 3-Story Property
  • Dual Staircase
  • Built-In Features
  • Cathedral Ceiling
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Den
  • Views of Trees
  • Laundry Room

Kitchen

  • Gourmet Kitchen
  • Oven or Range
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Concrete
  • Slate Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Retreat
  • Walk-In Closet

Additional Features

  • Open Patio
  • City Lot
  • Central Heating and Cooling System

Community Details

Listing and Financial Details

  • Security Deposit $35,000
  • Tenant pays for cable TV, electricity, gas, special, trash collection, water, management
  • 12 Month Lease Term
  • Assessor Parcel Number 4240-010-038

Home Details

Home Type

Single Family

Year Built

Built in 1998 | Remodeled

Lot Details

0

Parking

2

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Furnished: Furnished Or Unfurnished
  • Land Lease Purchase Yn: No
  • Lease Option: 1
  • Security Deposit: 35000
  • Tenant Pays: Cable TV, Electricity, Gas, Special, Trash Collection, Water, Management

Listing Details

  • Property Type: Residential Lease
  • Style: Architectural
  • Single Family Or Apt: Single Family
  • Levels: Multi/Split, Three Or More
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Floor: 1
  • Lease Terms: 1+Year
  • Living Area: 4200
  • Lot Acreage: 0.1168
  • Monthto Month: No
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 3
  • Year Built: 1998
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: 2 Staircases, Block Walls, Built-Ins, Cathedral-Vaulted Ceilings, High Ceilings (9 Feet+)
  • Fireplace Rooms: Living Room
  • Flooring: Cement, Mixed, Hardwood, Slate
  • Appliances: Built-In Gas, Cooktop - Gas, Range Hood
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Bedroom Features: Master Retreat, WalkInCloset
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Tile
  • Three Quarter Bathrooms: 0
  • Eating Areas: In Kitchen, Kitchen Island
  • Kitchen Features: Gourmet Kitchen
  • Laundry: Room, In Unit, Inside
  • Total Bathrooms: 4.00
  • Equipment: Built-Ins, Dishwasher, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 3.09

Exterior Features

  • Direction Faces: North
  • Pool: No
  • Spa Yn: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 1
  • Covered Parking: 2
  • Parking Garage: Direct Entrance
  • Total Parking: 3

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4240-010-038
  • Lot Location: City
  • Lot Size Area: 5090

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2003
Sold by
Jewett Thomas H and Jewett Elinor Smith
Bought by
Jewett Thomas H and Jewett Elinor
Current Estimated Value
$2,495,712

Purchase Details

Closed on
Jul 30, 2003
Sold by
Jewett Thomas H and Jewett Elinor Smith
Bought by
Jewett Thomas H and Jewett Elinor Smith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$690,000
Outstanding Balance
$291,363
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,204,349

Purchase Details

Closed on
Dec 15, 2001
Sold by
Jewett Thomas and Smith Elinor
Bought by
Jewett Thomas H and Jewett Elinor Smith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
6.37%

Purchase Details

Closed on
Mar 22, 1996
Sold by
Nelson Jon Sterling
Bought by
Jewitt Thomas and Smith Elinor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.34%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jewett Thomas H -- --
Jewett Thomas H -- Chicago Title Co
Jewett Thomas H -- Gateway Title Company
Jewitt Thomas $150,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jewett Thomas H $690,000
Closed Jewett Thomas H $528,000
Previous Owner Jewitt Thomas $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2024 10/04/24 Rented $12,000 -7.7% --
09/04/2024 09/04/24 Price Changed $12,995 -11.0% $3 / Sq Ft
08/25/2024 08/25/24 Price Changed $14,600 -7.6% $3 / Sq Ft
06/22/2024 06/22/24 Price Changed $15,800 -9.7% $4 / Sq Ft
05/18/2024 05/18/24 For Rent $17,500 +1.7% --
03/15/2017 03/15/17 Rented $17,200 -4.4% --
03/15/2017 03/15/17 For Rent $18,000 0.0% --
03/09/2017 03/09/17 Off Market $18,000 -- --
11/07/2016 11/07/16 For Rent $18,000 -- --
Source: The MLS

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 $9,344 $752,788 $224,171 $528,617
2024 $9,344 $738,028 $219,776 $518,252
2023 $9,172 $723,558 $215,467 $508,091
2022 $8,758 $709,372 $211,243 $498,129
2021 $8,619 $695,463 $207,101 $488,362
2020 $8,699 $688,333 $204,978 $483,355
2019 $8,365 $674,837 $200,959 $473,878
2018 $8,262 $661,606 $197,019 $464,587
2016 $7,848 $635,917 $189,369 $446,548
2015 $7,736 $626,366 $186,525 $439,841
2014 $7,769 $614,098 $182,872 $431,226
Source: Public Records

Agents Affiliated with this Home

  • Penny Muck

    Landlord's Agent in 2024

    Penny Muck

    Pardee Properties

    (310) 266-9946

    19 in this area

    56 Total Sales

    Penny Muck
    Section Image
  • Katie Pardee

    Landlord's Co-Listing Agent in 2024

    Katie Pardee

    Pardee Properties

    (978) 290-2412

    8 in this area

    44 Total Sales

    Katie Pardee
    Section Image

  • S

    Tenant's Agent in 2024

    Subscriber Non

    Non-Participant Office

  • Michael Springer

    Seller's Agent in 2017

    Michael Springer

    Compass

    (310) 745-8569

    5 Total Sales

    Michael Springer
    Section Image
  • Tamra Pardee

    Seller Co-Listing Agent in 2017

    Tamra Pardee

    Pardee Properties

    (310) 907-6517

    231 in this area

    845 Total Sales

    Tamra Pardee
    Section Image
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Map

Source: The MLS

MLS Number: 24-393867

The MLS

APN: 4240-010-038

California Los Angeles County Venice 90291 Venice

550 Rose Ave, Venice, CA

Not Listed for Sale

Detached

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