NOT LISTED FOR SALE

Estimated Value: $1,145,000 - $3,698,000

2 Beds
1 Bath
940 Sq Ft
$2,804/Sq Ft Est. Value

Last Sold January 20, 2022

Last sale price $2,800,000 $2,979 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $16,973/month

Highlights

  • Living Room with Fireplace
  • Wood Flooring
  • Cottage
  • Broadway Elementary Rated A-
  • Bonus Room
  • 4-minute walk to Centennial Park

About This Home

As of September 2023

This classic and cheery detached California Bungalow is tastefully updated keeping the original design married with modern finishes. Home has 2 bedrooms & 1 bathroom featuring a shower over a claw foot tub, subway tile and French windows. Living room with fireplace & the dining room both feature built-in period cabinetry. Home has original hardwood floors throughout, ceiling fans, ample closet space and is light & bright. You'll enjoy whipping up meals in the cooks kitchen with professional grade stainless appliances. Convenient laundry area sits outside a bonus room. Enjoy a drink on the enclosed front porch or dining al fresco on the large backyard deck, perfect for relaxing and entertaining. Lush landscaping provides separation from the rear unit. Tandem parking for 2 cars. Walking distance to Erewhon, Abbot Kinney dining, shopping and the famed Venice beach. This charming home is the essence of Venice Beach living! Renter's insurance policy required.

Last Agent to Rent the Property

Meritt Chanin

TSG Premier Realty License #01348088 Listed on: 08/23/2023

Co-Listed By

Abe Sassoon

eXp Realty of Greater Los Angeles License #01389436

Last Renter's Agent

Meritt Chanin

TSG Premier Realty License #01348088 Listed on: 08/23/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,190

Year Built

  • Built in 1913 | Remodeled

Lot Details

  • 5,403 Sq Ft Lot
  • Lot Dimensions are 40x135
  • Property is zoned LAR2

Home Design

  • Cottage

Interior Spaces

  • 940 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Living Room with Fireplace
  • Dining Room
  • Bonus Room

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Carport
  • Tandem Parking

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

Listing and Financial Details

  • Security Deposit $11,550
  • Tenant pays for gas, electricity, trash collection, water
  • 12 Month Lease Term
  • Assessor Parcel Number 4241-005-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,190

Year Built

Built in 1913 | Remodeled

Lot Details

0

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Security Deposit: 11550
  • Tenant Pays: Gas, Electricity, Trash Collection, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Cottage
  • Single Family Or Apt: Condo/Apt
  • Levels: One
  • Street Number Display: Yes
  • Lease Terms: 12 Months
  • Living Area: 940
  • Lot Acreage: 0.1237
  • Lot Dimensions: 40x135
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1913
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Tile
  • Appliances: Range Hood, Oven, Range
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Over Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Dining Area
  • Laundry: Outside, Laundry Area
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Microwave, Washer, Refrigerator, Range/Oven, Garbage Disposal, Ceiling Fan, Hood Fan
  • Price Per S Q F T: 6.14
  • Windows: Drapes/Curtains, Mini Blinds

Exterior Features

  • Other Features: Two On A Lot
  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Carport, Tandem
  • Total Parking: 2

Utilities

  • Heating: Wall Gas

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4241-005-004
  • Lot Size Area: 5403

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2022
Closed on
Aug 9, 2022
Sold by
Heart Of Venice Trust
Bought by
Heart Of Venice Llc
Seller's Agent
Chana Gedy
Chana Gedy
Buyer's Agent
Chana Gedy
Chana Gedy
Sold Price
$6,550
Current Estimated Value
$2,635,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,628,775
Original Mortgage
$1,680,000
Outstanding Balance
$1,607,911
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$1,356,568

Purchase Details

Listed on
Nov 18, 2021
Closed on
Dec 21, 2021
Sold by
William Verna George and William Mary Gwen
Bought by
Heart Of Venice Trust
Seller's Agent
Robin Dahlstrom
Estate Properties
Buyer's Agent
Meritt Chanin
TSG Premier Realty
List Price
$2,899,000
Sold Price
$2,800,000
Premium/Discount to List
-$99,000
-3.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.58%

Purchase Details

Listed on
Jul 30, 2013
Closed on
Oct 16, 2013
Sold by
Pederson Raquel B and Raquel B Pederson Trust
Bought by
Verna George William and Verna Gwen Mary
Seller's Agent
Suzanne Frank
Abbot Kinney Real Estate Inc.
Buyer's Agent
Robin Dahlstrom
Estate Properties
List Price
$2,249,000
Sold Price
$1,920,000
Premium/Discount to List
-$329,000
-14.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.69%
Original Mortgage
$1,536,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 30, 2013
Closed on
Sep 3, 2013
Sold by
Morros Pamela
Bought by
Pedersen Raquel B and Raquel B Pedersen Trust
Seller's Agent
Suzanne Frank
Abbot Kinney Real Estate Inc.
Buyer's Agent
Robin Dahlstrom
Estate Properties
List Price
$2,249,000
Sold Price
$1,920,000
Premium/Discount to List
-$329,000
-14.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,536,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2008
Sold by
Pedersen Raquel B
Bought by
Pedersen Raquel B and The Raquel B Pedersen Trust

Purchase Details

Closed on
May 12, 2003
Sold by
Tumolo Elaine Lavonne
Bought by
Pedersen Raquel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
5.53%
Mortgage Type
Seller Take Back
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
Heart Of Venice Llc -- Ticor Title
Heart Of Venice Trust $2,800,000 Fidelity National Title
Verna George William $1,920,000 Fidelity Sherman Oaks
Pedersen Raquel B -- Fidelity Van Nuys
Pedersen Raquel B -- None Available
Pedersen Raquel $750,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heart Of Venice Llc $1,680,000
Previous Owner Verna George William $1,339,000
Previous Owner Verna George William $1,536,000
Previous Owner Pedersen Raquel $440,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2023 09/09/23 Rented $5,500 -4.8% --
09/07/2023 09/07/23 Under Contract -- -- --
08/23/2023 08/23/23 For Rent $5,775 -11.8% --
06/20/2022 06/20/22 Rented $6,550 +0.8% --
06/10/2022 06/10/22 Under Contract -- -- --
06/10/2022 06/10/22 For Rent $6,500 0.0% --
01/20/2022 01/20/22 Sold $2,800,000 -3.4% $1,556 / Sq Ft
12/16/2021 12/16/21 Pending -- -- --
11/18/2021 11/18/21 For Sale $2,899,000 +51.0% $1,611 / Sq Ft
10/31/2013 10/31/13 Sold $1,920,000 -14.6% $1,600 / Sq Ft
08/05/2013 08/05/13 Pending -- -- --
07/30/2013 07/30/13 For Sale $2,249,000 -- $1,874 / Sq Ft
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 $35,190 $2,971,382 $2,546,899 $424,483
2024 $35,190 $2,913,120 $2,496,960 $416,160
2023 $34,500 $2,856,000 $2,448,000 $408,000
2022 $26,094 $2,217,896 $1,848,250 $369,646
2021 $25,782 $2,174,409 $1,812,010 $362,399
2020 $26,054 $2,152,115 $1,793,431 $358,684
2019 $25,003 $2,109,917 $1,758,266 $351,651
2018 $24,921 $2,068,547 $1,723,791 $344,756
2016 $23,852 $1,988,225 $1,656,855 $331,370
2015 $23,499 $1,958,361 $1,631,968 $326,393
2014 $23,571 $1,920,000 $1,600,000 $320,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-304201

The MLS

APN: 4241-005-004