NOT LISTED FOR SALE

Estimated Value: $1,549,054 - $1,584,000

1 Bed
2 Baths
1,837 Sq Ft
$550/mo HOA Fee

Last Sold April 28, 2021

Last sale price $1,275,000 $694 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $10,354/month

157 Days on Market

Highlights

  • Oceanside
  • 0.33 Acre Lot
  • Marble Countertops
  • Venice High School Rated A
  • Wood Flooring
  • Loft

About This Home

As of April 2021

Dramatic Architectural Loft just blocks from Venice Beach with huge outdoor patio. Plenty of private outdoor space! Enter to large open great room with soaring ceilings and high clearstory windows, Marble Kitchen is open to dining area and great room. Downstairs bathroom and storage closets. Open Stairway to Large Master Suite in the loft with Master Bathroom and Huge Walk in Closets. Master has views of the surrounding areas. Venice Art Lofts is a secure building with plenty of guest parking in the subterranean garage. HVAC and Front door bell changed to NEST system 2019. Great Location, Great Price, Private and Secure and plenty of guest parking in the garage.

Last Agent to Sell the Property

Matt Isbell

Compass License #01825694 Listed on: 09/14/2020

Compass

Co-Listed By

Richard Klug

Sotheby's International Realty License #00745969

Last Buyer's Agent

Simon Salloom

Douglas Elliman of California, Inc. License #01356271

Douglas Elliman of California, Inc.

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2004

Lot Details

  • Block Wall Fence

HOA Fees

  • $550 Monthly HOA Fees

Parking

  • Subterranean Parking

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,837 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Great Room
  • Dining Area
  • Loft
  • Wood Flooring
  • Property Views

Kitchen

  • Breakfast Bar
  • Dishwasher
  • Marble Countertops

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Oceanside
  • Balcony
  • Slab Porch or Patio

Utilities

  • Air Conditioning
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 4286-009-086

Community Details

Overview

  • 51 Units

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Controlled Access

Property Details

Home Type

Condominium

Year Built

Built in 2004

Lot Details

0

HOA Fees

$550 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Style: Architectural
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Dramatic Architectural Loft just blocks from Venice Beach with huge outdoor patio. Plenty of private outdoor space! Enter to large open great room with soaring ceilings and high clearstory windows, Marble Kitchen is open to dining area and great room. Downstairs bathroom and storage closets. Open Stairway to Large Master Suite in the loft with Master Bathroom and Huge Walk in Closets. Master has views of the surrounding areas. Venice Art Lofts is a secure building with plenty of guest parking in the subterranean garage. HVAC and Front door bell changed to NEST system 2019. Great Location, Great Price, Private and Secure and plenty of guest parking in the garage.
  • Complex Name: Venice Art Lofts
  • Entry Floor: 1
  • Entry Location: Main Level
  • Living Area: 1837
  • Lot Acreage: 0.3270
  • Planned Urban Dev: 0
  • Stories: 2
  • Year Built: 2004
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Hardwood
  • Appliances: Built-Ins
  • Bedrooms: 1
  • Fireplaces: 0
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Kitchen Features: Marble Counters
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Equipment: Built-Ins, Dishwasher, Dryer, Washer
  • Fireplace: No
  • Price Per S Q F T: 702.23

Exterior Features

  • Other Features: Balcony
  • Exposure: South West
  • Fence: Block
  • Patio: Concrete Slab, Patio Open
  • Pool: No
  • Spa Yn: No
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Subterr Side by Side
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Community

Association/Amenities

  • Amenities: Controlled Access
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 550.00
  • HOA: Yes
  • Unit Location: South west

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4286-009-086
  • Geocode Override: No
  • Lot Location: Ocean Side of Freeway, Ocean Side Of Highway 1
  • Lot Size Area: 14241

Rental Info

  • Land Lease Purchase Yn: No

Multi Family

  • Number Of Units: 51

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2011
Closed on
Apr 10, 2012
Sold by
Coker Samantha B
Bought by
Green Jennifer
Seller's Agent
Mimi Starrett
Core Real Estate Group
Buyer's Agent
Richard Klug
Sotheby's International Realty
List Price
$1,222,000
Sold Price
$980,000
Premium/Discount to List
-$242,000
-19.8%
Current Estimated Value
$1,607,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$627,819
Avg. Annual Appreciation
3.45%
Original Mortgage
$450,000
Outstanding Balance
$308,676
Interest Rate
3.84%
Mortgage Type
New Conventional
Estimated Equity
$1,252,588

Purchase Details

Closed on
Jan 20, 2004
Sold by
Gto Hampton Llc
Bought by
Coker Samantha B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Green Jennifer $980,000 Equity Title Company
Coker Samantha B $829,000 Stewart Title Of Ca Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Green Jennifer $450,000
Previous Owner Coker Samantha B $550,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/28/2021 04/28/21 Sold $1,275,000 -1.2% $694 / Sq Ft
02/18/2021 02/18/21 Pending -- -- --
11/30/2020 11/30/20 Price Changed $1,290,000 -0.4% $702 / Sq Ft
09/14/2020 09/14/20 For Sale $1,295,000 +32.1% $705 / Sq Ft
04/19/2012 04/19/12 Sold $980,000 -1.9% $490 / Sq Ft View Prior Sale
11/03/2011 11/03/11 Price Changed $999,000 -18.2% $500 / Sq Ft
06/08/2011 06/08/11 For Sale $1,222,000 -- $611 / 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 $16,857 $1,380,098 $977,759 $402,339
2024 $16,857 $1,353,038 $958,588 $394,450
2023 $16,520 $1,326,509 $939,793 $386,716
2022 $15,767 $1,300,500 $921,366 $379,134
2021 $13,874 $1,137,188 $731,051 $406,137
2020 $14,013 $1,125,528 $723,555 $401,973
2019 $13,465 $1,103,460 $709,368 $394,092
2018 $13,402 $1,081,824 $695,459 $386,365
2016 $12,449 $1,039,817 $668,454 $371,363
2015 $12,265 $1,024,199 $658,414 $365,785
2014 $12,302 $1,004,137 $645,517 $358,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-632400

The MLS

APN: 4286-009-086