NOT LISTED FOR SALE

583 Venice Blvd Unit 1/2 Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,867,000 - $3,318,542

4 Beds
3.5 Baths
2,600 Sq Ft
$945/Sq Ft Est. Value

Highlights

  • Ocean View
  • In Ground Pool
  • Maid or Guest Quarters
  • Venice High School Rated A
  • Cape Cod Architecture
  • 2-minute walk to Centennial Park

About This Home

As of July 2019

Private and sophisticated 3 + 2½ (4 + 3 ½ including guest/maids) Cape Cop duplex in the heart of Venice. Steps from Abbot Kinney and only 5 blocks to the beach. Sunny and spacious open floor plan with hardwood floors, gourmet cook's kitchen with granite countertops, island/breakfast bar and updated appliances including double oven, Wolf range, wine fridge. Cozy living room with fireplace and built-ins, spacious office, master with fireplace, walk-in closet and bath with large steam shower, soaking tub, vanity and skylight. Appx. 900 sqft private rooftop deck with pool and hot tub. Guest/maids apartment with separate entrance is also included. Enjoy charmed Venice living!

Last Agent to Rent the Property

Sandra Miller

Engel & Völkers License #01446377 Listed on: 05/06/2019

Engel & Völkers

Last Renter's Agent

Michelle Schwartz

The Agency License #01889141

The Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,364

Year Built

  • Built in 1953

Lot Details

  • 4,917 Sq Ft Lot
  • Property is zoned LAR3

Parking

  • 1 Car Garage

Property Views

  • Ocean
  • City Lights
  • Trees
  • Mountain
  • Pool

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 2,600 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Home Office

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Maid or Guest Quarters

Laundry

  • Laundry closet
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Above Ground Pool
  • Pool Cover

Additional Features

  • Open Patio
  • Central Heating and Cooling System

Community Details

Listing and Financial Details

  • Security Deposit $23,600
  • Tenant pays for cable TV, electricity, gas, insurance, pool service
  • 12 Month Lease Term
  • Assessor Parcel Number 4238-017-036

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,364

Year Built

Built in 1953

Lot Details

0

Parking

1

Rental Info

  • Security Deposit: 23600
  • Tenant Pays: Cable TV, Electricity, Gas, Insurance, Pool Service

Listing Details

  • Property Type: Residential Lease
  • Style: Cape Cod
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Advertising Remarks: Private and sophisticated 3 + 2½ (4 + 3 ½ including guest/maids) Cape Cop duplex in the heart of Venice. Steps from Abbot Kinney and only 5 blocks to the beach. Sunny and spacious open floor plan with hardwood floors, gourmet cook's kitchen with granite countertops, island/breakfast bar and updated appliances including double oven, Wolf range, wine fridge. Cozy living room with fireplace and built-ins, spacious office, master with fireplace, walk-in closet and bath with large steam shower, soaking tub, vanity and skylight. Private rooftop deck with pool and hot tub. Guest/maids apartment with separate entrance is also included. Enjoy charmed Venice living!
  • Lease Terms: 1+Year
  • Living Area: 2600
  • Stories: 3
  • Year Built: 1953
  • Number Of Photos: 21
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Hardwood, Tile
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 3
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: In Closet, In Unit
  • Maids Room: 1
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 4.54

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Above Ground, Pool Cover, Private
  • Pool: Yes
  • View: City Lights, Mountains, Ocean, Pool, Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Garage - 1 Car
  • Total Parking: 1

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4238-017-036
  • Geocode Override: No
  • Lot Size Area: 4917

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 18, 2018
Sold by
Edwards John S
Bought by
Edwards John S and John S Edwards Iii Living Trus
Current Estimated Value
$2,458,136

Purchase Details

Closed on
Mar 24, 2011
Sold by
Edwards John S
Bought by
Edwards John S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,260,000
Outstanding Balance
$858,779
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,599,357

Purchase Details

Closed on
Nov 5, 2004
Sold by
Edwards John S
Bought by
Edwards John S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$577,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2000
Sold by
Edwards Catherine Elizabeth
Bought by
Edwards John S

Purchase Details

Closed on
May 30, 2000
Sold by
Trust Clark Robert R Jr Tr Robert R Clar and Watson Patricia Venn
Bought by
Edwards John S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
8.16%

Purchase Details

Closed on
Jul 7, 1995
Sold by
Clark Robert R
Bought by
Clark Robert R and Robert R Clark Jr Trust

Purchase Details

Closed on
Sep 1, 1994
Sold by
Fastener Technology Corp
Bought by
Gulistan Bulent
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
Edwards John S -- None Available
Edwards John S -- Investors Title Company
Edwards John S -- Investors Title Company
Edwards John S -- Gateway Title Company
Edwards John S -- Old Republic Title
Edwards John S $360,000 Old Republic Title
Clark Robert R -- --
Gulistan Bulent -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edwards John S $1,260,000
Closed Edwards John S $1,260,000
Closed Edwards John S $577,000
Previous Owner Edwards John S $324,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2019 07/12/19 Rented $11,000 -6.8% --
07/03/2019 07/03/19 Under Contract -- -- --
05/06/2019 05/06/19 For Rent $11,800 -- --
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 $12,364 $1,018,004 $414,371 $603,633
2024 $12,364 $998,045 $406,247 $591,798
2023 $12,130 $978,477 $398,282 $580,195
2022 $11,572 $959,292 $390,473 $568,819
2021 $11,417 $940,483 $382,817 $557,666
2019 $11,077 $912,949 $371,463 $541,486
2018 $11,020 $895,056 $364,180 $530,876
2016 $10,521 $859,956 $350,040 $509,916
2015 $10,368 $847,040 $344,783 $502,257
2014 $10,410 $830,449 $338,030 $492,419
Source: Public Records

Agents Affiliated with this Home

  • Sandra Miller

    Landlord's Agent in 2019

    Sandra Miller

    Engel & Volkers Santa Monica

    (213) 364-9815

    10 in this area

    55 Total Sales

    Sandra Miller
    Section Image
  • Michelle Schwartz

    Tenant's Agent in 2019

    Michelle Schwartz

    The Agency

    (310) 800-0408

    1 in this area

    109 Total Sales

    Michelle Schwartz
    Section Image
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Map

Source: The MLS

MLS Number: 19-462990

The MLS

APN: 4238-017-036

California Los Angeles County Venice 90291 Venice

583 Venice Blvd Unit 1/2, Venice, CA

This home is located at 583 Venice Blvd Unit 1/2, Venice, CA 90291 since 06 May 2019 and is currently priced at $2,458,136. This property was built in 1953. 583 Venice Blvd Unit 1/2 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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