NOT LISTED FOR SALE

Estimated Value: $1,619,000 - $1,819,755

1 Bed
1 Bath
720 Sq Ft
$2,378/Sq Ft Est. Value

Last Sold February 06, 2024

Last sale price $1,575,000 $2,188 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $10,605/month

62 Days on Market

Highlights

  • Open Floorplan
  • High Ceiling
  • Walk-In Closet
  • Broadway Elementary Rated A
  • No HOA
  • Bathtub with Shower

About This Home

As of February 2024

Prime opportunity in the heart of Venice, moments from Abbot Kinney, Rose, Main St, and the beach. Located west of Lincoln Blvd, this approx. 5,203 sf, LARD1.5 zoned lot, with alley access will be delivered vacant, ready for updates, expansion or a complete rebuild. Privately situated, the current site comes with a quintessential Venice bungalow fixer, replete with an open-concept living room, dining area and kitchen, polished concrete floors, loft-like exposed ceilings, and a large bedroom with full bathroom. A wonderful opportunity not to be missed.

Last Agent to Sell the Property

Tregg Rustad

Rodeo Realty License #01349144 Listed on: 11/15/2023

Rodeo Realty

Co-Listed By

Peter Maurice

Rodeo Realty License #01129738

Last Buyer's Agent

Mark Wiener

Rodeo Realty- Brentwood License #01959008

Rodeo Realty- Brentwood

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • 5,203 Sq Ft Lot
  • Lot Dimensions are 40x130
  • North Facing Home
  • Gated Home
  • Level Lot
  • Value in Land
  • Tear Down
  • Property is zoned LARD1.5

Home Design

  • Bungalow
  • Fixer Upper
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Living Room
  • Dining Area

Kitchen

  • Oven or Range
  • Disposal

Flooring

  • Carpet
  • Concrete

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • 2 Parking Spaces
  • 1 Carport Space
  • Driveway

Utilities

  • Vented Exhaust Fan
  • Heating System Mounted To A Wall or Window
  • Tankless Water Heater
  • Sewer in Street

Additional Features

  • Slab Porch or Patio
  • City Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4239-012-019

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

5,203 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Bungalow
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Living Room
  • Living Area: 720
  • Lot Acreage: 0.1193
  • Lot Dimensions: 40x130
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Fixer, Tear Down, Value Mainly In Land
  • Stories: 1
  • Year Built: 1947
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Open Floor Plan
  • Flooring: Carpet, Cement
  • Appliances: Free Standing Gas
  • Bedrooms: 1
  • Fireplaces: 0
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Bedroom Features: WalkInCloset, Master Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Over Tub
  • Three Quarter Bathrooms: 0
  • Eating Areas: Dining Area
  • Laundry: Room
  • Total Bathrooms: 1.00
  • Equipment: Refrigerator, Range/Oven, Washer, Dryer, Vented Exhaust Fan, Garbage Disposal
  • Fireplace: No
  • Price Per S Q F T: 2291.67

Exterior Features

  • Direction Faces: North
  • Construction: Stucco
  • Other Features: High Ceilings (9 Feet+)
  • Other Structures: None
  • Tennis Court Y/N: No
  • Patio: Concrete Slab
  • Pool: No
  • Roof: Composition, Shingle
  • Spa Yn: No
  • View: No

Garage/Parking

  • Carport Spaces: 1
  • Other Spaces: 1
  • Parking Garage: Driveway
  • Total Parking: 2

Utilities

  • Water Heater: Tankless
  • Heating: Wall
  • Security: Gated
  • Sewer: In Street
  • Water: In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Coastal Commission, Property Report
  • Horses: No
  • Assessor Parcel Number: 4239-012-019
  • Lot Description: Fenced, Alley Paved, Sidewalks, Value In Land, Lot-Level/Flat
  • Lot Location: Alley Access, City
  • Lot Size Area: 5203

Rental Info

  • Land Lease Purchase Yn: No

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2023
Closed on
Jan 24, 2024
Sold by
614 Brooks Llc
Bought by
Martinez Amaya Gaston and Bergerson Leif Isaac
Seller's Agent
Tregg Rustad
Rodeo Realty
Buyer's Agent
Mark Wiener
Rodeo Realty- Brentwood
List Price
$1,650,000
Sold Price
$1,575,000
Premium/Discount to List
-$75,000
-4.55%
Views
55
Current Estimated Value
$1,707,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,871
Avg. Annual Appreciation
4.08%
Original Mortgage
$1,175,000
Outstanding Balance
$1,153,081
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$559,108

Purchase Details

Listed on
Aug 21, 2018
Closed on
Oct 5, 2018
Sold by
Ruspoli Tao
Bought by
614 Brooks Llc
Seller's Agent
Chellee Cassels
DPP
Buyer's Agent
Josh Picker
Douglas Elliman of California, Inc.
List Price
$1,700,000
Sold Price
$1,645,000
Premium/Discount to List
-$55,000
-3.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.82%
Original Mortgage
$1,069,250
Interest Rate
6.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 21, 2012
Closed on
Feb 16, 2012
Sold by
Las Brisas Holdings Llc
Bought by
Ruspoli Tao
Seller's Agent
Joe Diab
No Firm Affiliation
Sold Price
$695,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.83%

Purchase Details

Closed on
Jul 27, 2011
Sold by
Kramer David
Bought by
Kramer David Charles and The Visual Hope Living Trust

Purchase Details

Closed on
Jul 21, 2011
Sold by
Kramer David
Bought by
Las Brisas Holdings Llc

Purchase Details

Closed on
Apr 24, 2007
Sold by
Kramer David and Kramer David C
Bought by
Kramer David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$656,000
Interest Rate
9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2004
Sold by
Mccraw Naomi B
Bought by
Kramer David C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
1.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 2001
Sold by
Mccraw Naomi B and Mccraw Separate Proper Naomi B
Bought by
Mccraw Naomi B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
7.1%

Purchase Details

Closed on
Aug 22, 2000
Sold by
Mccraw Naomi B
Bought by
Mccraw Naomi B and Mccraw Separate Proper Naomi B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Martinez Amaya Gaston $1,575,000 Equity Title Company
614 Brooks Llc $1,645,000 First American Title Co
Ruspoli Tao $695,000 Progressive Title Company
Kramer David Charles -- None Available
Las Brisas Holdings Llc -- Provident Title Company
Kramer David -- Commonwealth Land Title Co
Kramer David C $535,000 Southland Title Corporation
Mccraw Naomi B -- United Title Company
Mccraw Naomi B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Amaya Gaston $1,175,000
Previous Owner 614 Brooks Llc $1,069,250
Previous Owner Kramer David $656,000
Previous Owner Kramer David C $428,000
Previous Owner Mccraw Naomi B $117,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/06/2024 02/06/24 Sold $1,575,000 -4.5% $2,188 / Sq Ft
01/16/2024 01/16/24 Pending -- -- --
11/15/2023 11/15/23 For Sale $1,650,000 +0.3% $2,292 / Sq Ft
10/19/2018 10/19/18 Sold $1,645,000 -3.2% $2,285 / Sq Ft View Prior Sale
10/03/2018 10/03/18 Pending -- -- --
10/03/2018 10/03/18 For Sale $1,700,000 0.0% $2,361 / Sq Ft
09/05/2018 09/05/18 Pending -- -- --
08/21/2018 08/21/18 For Sale $1,700,000 +144.6% $2,361 / Sq Ft
02/24/2012 02/24/12 Sold $695,000 -- $965 / Sq Ft View Prior Sale
02/21/2012 02/21/12 Pending -- -- --
Source: The MLS

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 $21,777 $1,606,500 $1,541,730 $64,770
2024 $21,777 $1,799,045 $1,439,237 $359,808
2023 $21,352 $1,763,770 $1,411,017 $352,753
2022 $20,351 $1,729,187 $1,383,350 $345,837
2021 $20,112 $1,695,282 $1,356,226 $339,056
2019 $19,505 $1,645,000 $1,316,000 $329,000
2018 $9,335 $767,209 $613,769 $153,440
2016 $8,937 $737,420 $589,937 $147,483
2015 $8,806 $726,344 $581,076 $145,268
2014 $8,839 $712,117 $569,694 $142,423
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-332437

The MLS

APN: 4239-012-019

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