NOT LISTED FOR SALE

553 Sunset Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $2,059,375

2 Beds
1 Bath
928 Sq Ft
$2,219/Sq Ft Est. Value

Sale Details

Date Sold: December 22, 2017

Last sale price $1,555,000 $1,676 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $13,487 / mo

13 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • 2 Car Garage
  • Venice High School Rated A
  • No HOA
  • Living Room

About This Home

As of December 2017

The opportunities are endless on Sunset Ave. One block away from Rose Ave sits this original Venice bungalow with a large grassy backyard. A great layout lends to an easy remodel for an entry level Venice home and the property also has the zoning that allows for a Small Lot Subdivision. Similar properties nearby have been approved for 2 homes with a total build-out of apprx 4,000sqft. Don't miss this chance to purchase the least expensive home on the market West of Lincoln Blvd.

Last Agent to Sell the Property

Mark Kitching

Compass License #01742148 Listed on: 11/14/2017

Compass

Co-Listed By

Robin Walpert

Sotheby's International Realty License #01237116

Last Buyer's Agent

Mark Kitching

Compass License #01742148 Listed on: 11/14/2017

Compass

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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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1953

Lot Details

  • 5,564 Sq Ft Lot
  • Property is zoned LARD1.5

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 928 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Area
  • Laundry Room

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4240-010-021

Home Details

Home Type

Single Family

Year Built

Built in 1953

Lot Details

5,564 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 928
  • Stories: 1
  • Year Built: 1953
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Carpet, Hardwood, Laminate
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 1.00
  • Equipment: Ceiling Fan, Dishwasher, Range/Oven, Refrigerator
  • Price Per S Q F T: 1643.32

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Garage - 2 Car, Garage Is Detached

Utilities

  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4240-010-021
  • Geocode Override: No
  • Lot Size Area: 5564

Multi Family

  • Number Of Units: 0

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
Nov 14, 2017
Closed on
Dec 22, 2017
Sold by
Scott
Bought by
Seller's Agent
Mark Kitching
Compass
Buyer's Agent
Mark Kitching
Compass
List Price
$1,525,000
Sold Price
$1,555,000
Premium/Discount to List
$30,000
1.97%
Current Estimated Value
$2,059,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$504,375
Avg. Annual Appreciation
3.26%
Original Mortgage
$1,244,000
Outstanding Balance
$1,022,400
Interest Rate
3.94%
Estimated Equity
$1,036,975

Purchase Details

Closed on
Jan 13, 2007
Sold by
Scott Lillie Bel
Bought by
Lillie Bel Scott Trust
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

  • Janin Paine Real Estate Agent - Compass

    Janin Paine

    Compass

    (424) 567-7575

    19 Total Sales

    5 in Venice

    $1.2M - $2.1M Price Range

    Janin Paine
     Section Image
  • Staci Siegel Real Estate Agent - Engel & Völkers

    Staci Siegel

    Engel & Völkers

    (424) 499-2383

    28 Total Sales

    1 in Venice

    $1,300,000 Price

    Staci Siegel
     Section Image
  • Tracey Becker Real Estate Agent - Compass

    Tracey Becker

    Compass

    (424) 374-2804

    111 Total Sales

    42 in Venice

    $1.4M - $9.5M Price Range

    Tracey Becker
     Section Image
  • Sierus Erdelyi Real Estate Agent - TruLine Realty

    Sierus Erdelyi

    TruLine Realty

    (424) 374-0268

    179 Total Sales

    9 in Venice

    $1.5M - $2.8M Price Range

    Sierus Erdelyi
     Section Image
  • Jeffrey Russell Real Estate Agent - Russell Realty Group

    Jeffrey Russell

    Russell Realty Group

    (626) 604-2792

    112 Total Sales

    1 in Venice

    $1,530,000 Price

    Jeffrey Russell
     Section Image
  • Raymond Dominguez Real Estate Agent - Engel & Völkers

    Raymond Dominguez

    Engel & Völkers

    (424) 359-1336

    12 Total Sales

    1 in Venice

    $8,200,000 Price

    Raymond Dominguez
     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
-- --
Lillie Bel Scott Trust -- None Available
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 $1,244,000
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
12/22/2017 12/22/17 Sold $1,555,000 +2.0% $1,676 / Sq Ft
11/27/2017 11/27/17 Pending -- -- --
11/14/2017 11/14/17 For Sale $1,525,000 -- $1,643 / 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
2026 $21,266 $1,897,072 $1,443,766 $453,306
2025 $21,266 $1,769,320 $1,415,457 $353,863
2024 $21,056 $1,734,628 $1,387,703 $346,925
2023 $20,647 $1,700,617 $1,360,494 $340,123
2022 $19,682 $1,667,272 $1,333,818 $333,454
2021 $19,449 $1,634,581 $1,307,665 $326,916
2019 $18,863 $1,586,100 $1,268,880 $317,220
2018 $18,773 $1,555,000 $1,244,000 $311,000
2016 $484 $34,130 $19,034 $15,096
2015 $478 $33,619 $18,749 $14,870
2014 $490 $32,961 $18,382 $14,579
Source: Public Records

Agents Affiliated with this Home

  • Mark Kitching Real Estate Agent - Compass

    Seller's Agent in 2017

    Mark Kitching

    Compass

    (310) 902-0221

    11 in this area

    28 Total Sales

    Mark Kitching
    Section Image
  • Robin Walpert Real Estate Agent - Sotheby's International Realty

    Seller Co-Listing Agent in 2017

    Robin Walpert

    Sotheby's International Realty

    (310) 480-4980

    8 in this area

    44 Total Sales

    Robin Walpert
    Section Image
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Map

Source: The MLS

MLS Number: 17-288400

The MLS

APN: 4240-010-021

California Los Angeles County Venice 90291 Venice

553 Sunset 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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