NOT LISTED FOR SALE

612 Westminster Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $2,466,000 - $2,993,000

4 Beds
2 Baths
2,052 Sq Ft
$1,295/Sq Ft Est. Value

Last Sold July 19, 2019

Last sale price $2,196,780 $1,071 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $16,303/month

33 Days on Market

About This Home

As of July 2019

100% Vacant. Completely gated w/ an 8' redwood fence, lays this immaculate compound retreat. Perfect for friends or a family, this property consists of a vacant duplex in front and a detached rec room in back. Each unit features 2 bedrooms, 1 bath, and the rec room has an additional bathroom and attached garage. Gated parking for 6+ cars. 2 blocks from internationally coveted Abbot Kinney & a few blocks more to the beach, the location doesn't get better than this. Wonderful indoor-outdoor flow w/ an open layout. Single panel French doors lead to the spacious patio w/ modern tile-work and to the drought-tolerant landscaped front & side yards. Crisp white-washed hrwd floors, this sun-splashed home is retrofitted w/ new windows from which an ocean breeze can be felt. Tastefully renovated kitchen, new white quartz counters & brass finishes. An ample & modern bathroom w/ new tile enclosure & brass fixtures. Spacious walk-in closets, mini-split AC in each room, stainless-steel appliances.

Last Agent to Sell the Property

Elizabeth McDonald

TRG Real Estate Co., Inc. License #01449897 Listed on: 05/05/2019

Co-Listed By

Cristina Brow

TRG Real Estate Co., Inc. License #01964062

Home Details

Home Type

  • Single Family

Year Built

  • 1946

Lot Details

  • 4,792

Listing and Financial Details

  • Tenant pays for electricity, gas

Community Details

Overview

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Water Meter

Home Details

Home Type

Single Family

Year Built

1946

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Style: Architectural
  • Levels: Multi/Split
  • Entry Location: Ground Level w/steps
  • Advertising Remarks: 100% Vacant. Completely gated w/ an 8' redwood fence, lays this immaculate compound retreat. Perfect for friends or a family, this property consists of a vacant duplex in front and a detached rec room in back. Each unit features 2 bedrooms, 1 bath, and the rec room has an additional bathroom and attached garage. Gated parking for 6+ cars. 2 blocks from internationally coveted Abbot Kinney & a few blocks more to the beach, the location doesn't get better than this. Wonderful indoor-outdoor flow w/ an open layout. Single panel French doors lead to the spacious patio w/ modern tile-work and to the drought-tolerant landscaped front & side yards. Crisp white-washed hrwd floors, this sun-splashed home is retrofitted w/ new windows from which an ocean breeze can be felt. Tastefully renovated kitchen, new white quartz counters & brass finishes. An ample & modern bathroom w/ new tile enclosure & brass fixtures. Spacious walk-in closets, mini-split AC in each room, stainless-steel appliances.
  • Year Built: 1946
  • Alley: Yes
  • Price Per Sq Ft: 1047.76
  • Unit Type: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Equipment: Dishwasher, Dryer, Garbage Disposal, Gas Dryer Hookup, Range/Oven, Refrigerator, Stackable W/D Hookup, Washer
  • Flooring: Hardwood
  • Number Dishwasher: 2
  • Number Disposal: 2
  • Number Range: 2
  • Number Refrigerator: 2
  • Interior Amenities: Laundry - Closet Stacked, Living Room Deck Attached, Open Floor Plan, Pre-wired for high speed Data, Turnkey
  • Appliances: Free Standing Gas
  • Bedroom Features: WalkInCloset
  • Bedrooms: 4
  • Bathroom Features: Shower and Tub
  • Total Bathrooms: 3.00
  • Dining Room: 1
  • Kitchen Features: Open to Family Room, Remodeled, Stone Counters
  • Laundry: In Closet, In Kitchen, In Unit, Inside, Laundry Closet Stacked
  • Living Area: 2052

Exterior Features

  • Patio: Living Room Deck Attached, Patio Open
  • Direction Faces: North
  • Other Features: French Doors, Rain Gutters, Sprinkler System
  • Construction: Stucco
  • Foundation Details: Raised
  • Construction: Frame and Stucco
  • Number Patio: 2

Garage/Parking

  • Garage Details: Auto Driveway Gate, Door Opener, Driveway, Driveway Gate, Garage - 2 Car, Gated, Private
  • Carport Spaces: 4
  • Garage Spaces: 2
  • Other Spaces: 4
  • Total Parking: 6
  • Covered Parking: 6
  • Garage Structures: 1

Utilities

  • Sprinklers: Drip System, Manual
  • Water District: LADWP
  • Water Heater: Tankless
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Gated, Smoke Detector
  • Cooling: Air Conditioning, Electric
  • Heating: Electric
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Water Meters: 1
  • Sewer: In Street
  • Water: In Street
  • Water Heaters: Yes

Lot Info

  • Zoning: LARD1.5
  • Lot Location: Alley Access, Park Nearby, Patio Home
  • Assessor Parcel Number: 4239-024-022
  • Lot Size Area: 5201
  • Lot Description: 2-4 Lots, Automatic Gate, Exterior Security Lights, Fenced, Fenced Yard, Front Yard, Landscaped, Yard

Rental Info

  • Land Lease Type: Fee
  • Rent Control: Yes
  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units: 2
  • Number Wall A C: 2
  • Rent Control: 100
  • Type Of Units: Duplex
  • Vacancy Rate: 100%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2022
Sold by
Daniel Spradling
Bought by
Spradling Real Estate Llc
Current Estimated Value
$2,657,737

Purchase Details

Listed on
May 5, 2019
Closed on
Jun 17, 2019
Sold by
Western Regional Properties Llc
Bought by
Spradling Real Estate Llc
Seller's Agent
Elizabeth McDonald
TRG Real Estate Co., Inc.
List Price
$2,150,000
Sold Price
$2,196,780
Premium/Discount to List
$46,780
2.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.98%
Original Mortgage
$1,757,424
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 7, 2019
Sold by
Akinyemi Temidayo
Bought by
Western Regional Properties Llc

Purchase Details

Closed on
Oct 4, 2016
Sold by
Jasiukonis Jonas
Bought by
Akinyemi Temidayo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,320,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 8, 2011
Closed on
May 16, 2012
Sold by
Stockel Douglas and The Douglas Stockel Declaratio
Bought by
Jasiukonis Romas
Seller's Agent
Marco Rufo
The Agency
Buyer's Agent
Gabriela Lambert
Innovative Property Strategies
List Price
$1,250,000
Sold Price
$1,155,000
Premium/Discount to List
-$95,000
-7.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.33%
Original Mortgage
$578,400
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2009
Sold by
Stockel Douglas
Bought by
Stockel Douglas and The Douglas Stockel Declaration Of Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$746,000
Interest Rate
4.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2006
Sold by
Stockel Douglas
Bought by
Stockel Douglas and Douglas Stockel Declaration Of Trust

Purchase Details

Closed on
Oct 20, 2005
Sold by
Connelly Mark and Connelly Christopher
Bought by
Stockel Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$763,112
Interest Rate
5.97%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 22, 2002
Sold by
Owens Randolph Eugene
Bought by
Connelly Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.84%

Purchase Details

Closed on
Aug 31, 1993
Sold by
Channell Estelle W and Owens Randolph Eugene
Bought by
Channel Estelle W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
9%
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
Spradling Real Estate Llc -- Accommodation/Courtesy Recordi
Spradling Real Estate Llc $2,197,000 Chicago Title
Western Regional Properties Llc -- None Available
Akinyemi Temidayo $1,650,000 Fidelity National Title
Jasiukonis Romas $1,155,000 Usa National Title Ins Co
Stockel Douglas -- Stewart Title Of California
Stockel Douglas -- Stewart Title Of California
Stockel Douglas -- None Available
Stockel Douglas $1,143,500 Fidelity Van Nuys
Connelly Mark -- Fidelity Van Nuys
Connelly Mark $400,000 Equity Title
Channel Estelle W -- Southern California Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spradling Real Estate Llc $1,757,424
Previous Owner Akinyemi Temidayo $1,320,000
Previous Owner Jasiukonis Romas $578,400
Previous Owner Stockel Douglas $746,000
Previous Owner Stockel Douglas $763,112
Previous Owner Connelly Mark $360,000
Previous Owner Channel Estelle W $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/19/2019 07/19/19 Sold $2,196,780 +2.2% $1,071 / Sq Ft
06/07/2019 06/07/19 Pending -- -- --
06/07/2019 06/07/19 For Sale $2,150,000 -2.1% $1,048 / Sq Ft
06/02/2019 06/02/19 Off Market $2,196,780 -- --
05/11/2019 05/11/19 Price Changed $2,150,000 -13.8% $1,048 / Sq Ft
05/05/2019 05/05/19 For Sale $2,495,000 +51.2% $1,216 / Sq Ft
12/14/2016 12/14/16 Sold $1,650,000 +6.5% $911 / Sq Ft View Prior Sale
10/04/2016 10/04/16 For Sale $1,550,000 -6.1% $855 / Sq Ft
09/30/2016 09/30/16 Pending -- -- --
09/29/2016 09/29/16 Off Market $1,650,000 -- --
08/31/2016 08/31/16 Price Changed $1,550,000 +34.8% $855 / Sq Ft
08/31/2016 08/31/16 Price Changed $1,150,000 -30.3% $635 / Sq Ft
07/30/2016 07/30/16 For Sale $1,650,000 +42.9% $911 / Sq Ft
06/21/2012 06/21/12 Sold $1,155,000 -7.6% $637 / Sq Ft View Prior Sale
05/23/2012 05/23/12 Pending -- -- --
08/08/2011 08/08/11 For Sale $1,250,000 -- $690 / Sq Ft
Source: California Desert Association of REALTORS®

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 $28,869 $2,402,736 $1,749,832 $652,904
2024 $28,564 $2,355,624 $1,715,522 $640,102
2023 $28,007 $2,309,436 $1,681,885 $627,551
2022 $26,696 $2,264,154 $1,648,907 $615,247
2021 $26,377 $2,219,760 $1,616,576 $603,184
2020 $26,654 $2,197,000 $1,600,000 $597,000
2019 $20,733 $1,741,140 $1,612,620 $128,520
2018 $20,360 $1,683,000 $1,581,000 $102,000
2016 $22,419 $1,863,961 $1,656,855 $207,106
2015 $14,592 $1,207,091 $940,591 $266,500
2014 $11,798 $950,000 $850,000 $100,000
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2019

    Elizabeth McDonald

    TRG Real Estate Co., Inc.

    Section Image
  • Cristina Brow

    Seller Co-Listing Agent in 2019

    Cristina Brow

    TRG Real Estate Co., Inc.

    (818) 632-5400

    6 in this area

    204 Total Sales

    Cristina Brow
    Section Image
  • Raajan Shankla

    Seller's Agent in 2016

    Raajan Shankla

    RE/MAX

    (310) 663-7225

    20 Total Sales

    Raajan Shankla
    Section Image
  • Marco Rufo

    Seller's Agent in 2012

    Marco Rufo

    The Agency

    (310) 488-6914

    55 Total Sales

    Marco Rufo
    Section Image
  • Gabriela Lambert

    Buyer's Agent in 2012

    Gabriela Lambert

    Innovative Property Strategies

    (310) 699-6946

    11 Total Sales

    Gabriela Lambert
    Section Image
See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 19-462504

California Desert Association of REALTORS®

APN: 4239-024-022

California Los Angeles County Venice 90291 Venice

612 Westminster Ave, Venice, CA

Not Listed for Sale

Detached

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