587 Grand Blvd Venice, CA 90291
Venice Neighborhood
4
Beds
2
Baths
2,251
Sq Ft
5,266
Sq Ft Lot
Highlights
- City Lights View
- Craftsman Architecture
- Living Room with Attached Deck
- Venice High School Rated A
- Wood Flooring
- 5-minute walk to Centennial Park
About This Home
As of September 2024Built in 1910 and on a double lot, this is one of the original homes built in Venice and even includes one of the original boat houses facing the old Grand Canal! It stands as one of the most significant homes in Venice, encapsulating a rich history filled with original charm, and presents a rare opportunity to own this incredible compound. Situated on a sprawling 5,200+ sqft corner lot, this soulful home is located directly off Abbot Kinney and in one of the most coveted neighborhoods. Constructed in 1910, this exquisite oasis is a magnificent yet graceful presence that takes your breath away the moment you step inside. Offering a 4-Bdrm/2-Bath layout with a serene studio space that was once the original boathouse to the original canals, it now lends itself as the perfect guest/flex space or separate office with french doors leading to the private garden - this property invites you to own a piece of Venice's storied past. //About this home: As you make your way onto the front porch, you will be welcomed by a double entry door that leads you into a light-filled main living space surrounded by picturesque windows with beautiful woodwork details, gleaming hardwood floors, a cozy fireplace, and an adjacent sunroom with custom built-in seating for you to relax and unwind with a book. Make your way through the French doors, which lead to an expansive backyard deck that creates an ideal retreat for relaxation. Move seamlessly to the formal dining area with custom original built-ins, a perfect setting for gatherings with friends and family. The sunny and cheerful kitchen space offers ample cabinetry, a Sub-Zero refrigerator, and a vintage Merritt O'Keefe stove. Descend the stairs to the separate studio space, featuring a beautifully tiled bathroom, adding practicality and versatility. Double doors open to their own private outdoor space, which adds tremendous value for guests or for you to enjoy throughout the day. Ascend the home's centerpiece staircase to discover three bedrooms with an ethereal essence, each offering abundant closet space. One of the bedrooms, complete with built-ins, serves as an inspiring home office space with windows providing direct views of Abbot Kinney. You will love the breathtaking outdoor space that will become your sanctuary. This expansive outdoor space is one of the most remarkable secret gardens in Venice, a lush sanctuary enveloped in mature greenery and privacy-providing hedges, creating the perfect setting to bask in the cool ocean air and engage in a meditative stroll amidst the tranquility of the night. //The Neighborhood: This location is undeniably the best tucked away; situated just off Abbot Kinney, you are a stone's throw from some of Los Angeles's best coffee shops, restaurants, boutiques, and more. Enjoy a short stroll down to the Venice Canals or the Beach. Everything you want or need is at your doorstep!
Last Agent to Sell the Property
Pardee Properties License #02060052 Listed on: 04/03/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,370
Year Built
- Built in 1910
Lot Details
- 5,266 Sq Ft Lot
- Lot Dimensions are 26x88
- East Facing Home
- Fenced Yard
- Fenced
- Landscaped
- Back Yard
- Historic Home
- Property is zoned LARD1.5
Parking
- 1 Car Garage
- 1 Open Parking Space
Home Design
- Craftsman Architecture
- Turnkey
Interior Spaces
- 2,251 Sq Ft Home
- 2-Story Property
- Built-In Features
- Crown Molding
- French Doors
- Formal Entry
- Living Room with Fireplace
- Living Room with Attached Deck
- Formal Dining Room
- Home Office
- City Lights Views
Kitchen
- Walk-In Pantry
- Gas Oven
- Dishwasher
- Tile Countertops
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- In-Law or Guest Suite
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Location
- City Lot
Utilities
- Forced Air Heating System
- Sewer in Street
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 4238-017-049
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 3, 2024
Closed on
Aug 30, 2024
Sold by
Bonnie Flynn Mcwhinney Trust and Flynn Jean Kathleen
Bought by
Conroy Anthony Kevin and Quigley Colleen Marie
Seller's Agent
Paige Ogden
Pardee Properties
Buyer's Agent
Emma Russell
Pardee Properties
List Price
$3,750,000
Sold Price
$2,970,000
Premium/Discount to List
-$780,000
-20.8%
Views
83
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$80,305
Avg. Annual Appreciation
-0.97%
Original Mortgage
$2,281,600
Outstanding Balance
$2,267,696
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$677,115
Purchase Details
Closed on
Feb 24, 2010
Sold by
Mcwhinney Veronica and Mcwhinney Bonnie Flynn
Bought by
Mcwhinney Bonnie Flynn
Purchase Details
Closed on
Apr 13, 2009
Sold by
Mandell Stan and The Elizabeth Newman Revocable
Bought by
Mcwhinney Veronica and Bonnie Flynn Mcwhinney Trust
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $2,852,000 | Ticor Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $650,000 | Lawyers Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,281,600 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/05/2024 09/05/24 | Sold | $2,970,000 | -8.6% | $1,319 / Sq Ft |
| 07/30/2024 07/30/24 | Pending | -- | -- | -- |
| 06/18/2024 06/18/24 | Price Changed | $3,250,000 | -7.0% | $1,444 / Sq Ft |
| 05/15/2024 05/15/24 | Price Changed | $3,495,000 | -6.8% | $1,553 / Sq Ft |
| 04/03/2024 04/03/24 | For Sale | $3,750,000 | -- | $1,666 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $12,370 | $1,005,619 | $741,961 | $263,658 |
| 2023 | $12,134 | $985,902 | $727,413 | $258,489 |
| 2022 | $11,575 | $966,571 | $713,150 | $253,421 |
| 2021 | $11,426 | $947,619 | $699,167 | $248,452 |
| 2019 | $11,084 | $919,514 | $678,430 | $241,084 |
| 2018 | $10,978 | $901,485 | $665,128 | $236,357 |
| 2016 | $10,490 | $866,481 | $639,301 | $227,180 |
| 2015 | $10,570 | $867,858 | $629,699 | $238,159 |
| 2014 | $10,606 | $850,859 | $617,365 | $233,494 |
Source: Public Records
Agents Affiliated with this Home
-
Paige Ogden
Seller's Agent in 2024
Paige Ogden
Pardee Properties
(310) 907-6517
72 in this area
160 Total Sales
-
Emma Russell
Buyer's Agent in 2024
Emma Russell
Pardee Properties
(310) 913-8120
26 in this area
76 Total Sales
Map
Source: The MLS
MLS Number: 24-368465
APN: 4238-017-049
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