NOT LISTED FOR SALE

616 Milwood Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,370,080 - $2,410,000

1 Bed
1 Bath
621 Sq Ft
$3,294/Sq Ft Est. Value

Last Sold August 08, 2018

Last sale price $1,366,000 $2,200 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $13,085/month

10 Days on Market

Highlights

  • Spa
  • Sauna
  • Two Primary Bathrooms
  • Broadway Elementary Rated A-
  • Two Primary Bedrooms
  • Wood Flooring

About This Home

As of August 2018

Location! Location! Location! Situated in the Heart of Venice's Abbot Kinney District, just seconds away Abbot Kinney Blvd. "The Coolest Block In America". Be right in the mix of it all; Restaurants, Fashion, Shopping, Tech/Media. This gives you walking access to all that the Venice Beach Cafe Culture has to offer.This 2 Bed 2 Bath Original California Bungalow has both modern updates, and original features; original hardwood flooring, moldings, original craftsman details, fireplace, large kitchen with updated cabinets in the original craftsman style. large backyard deck with hot tub, ideal for relaxing, entertaining and those weekend barbecues. Duct-less HVAC, Ceiling Fans, Tank-less Water Heater, Gated Driveway for secured off street parking. This is a "MUST SEE", great as a Pied--Terre, vacation home or rental. The possibilities are endless.

Last Agent to Sell the Property

Suzanne Frank

Abbot Kinney Real Estate Inc. License #01054600 Listed on: 06/01/2018

Co-Listed By

Peter Roach

Abbot Kinney Real Estate Inc. License #02021901

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,258

Year Built

  • Built in 1922

Lot Details

  • 2,137 Sq Ft Lot
  • West Facing Home
  • Wood Fence
  • Property is zoned LAR2

Parking

  • Off-Site Parking

Home Design

  • Bungalow
  • Raised Foundation

Interior Spaces

  • 621 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Sauna
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Double Master Bedroom
  • Walk-In Closet
  • Two Primary Bathrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Covered Patio or Porch
  • Outdoor Grill

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4241-012-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,258

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Bungalow
  • Street Number Display: Yes
  • Advertising Remarks: Location! Location! Location! Situated in the Heart of Venice's Abbot Kinney District, just seconds away Abbot Kinney Blvd. "The Coolest Block In America". Be right in the mix of it all; Restaurants, Fashion, Shopping, Tech/Media. This gives you walking access to all that the Venice Beach Cafe Culture has to offer.This 2 Bed 2 Bath Original California Bungalow has both modern updates, and original features; original hardwood flooring, moldings, original craftsman details, fireplace, large kitchen with updated cabinets in the original craftsman style. large backyard deck with hot tub, ideal for relaxing, entertaining and those weekend barbecues. Duct-less HVAC, Ceiling Fans, Tank-less Water Heater, Gated Driveway for secured off street parking. This is a "MUST SEE", great as a Pied--Terre, vacation home or rental. The possibilities are endless.
  • Living Area: 621
  • Stories: 1
  • Year Built: 1922
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Wood
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Bedroom Features: 2 Master Bedrooms
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: 2 Master Baths
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Area, Dining Area
  • Laundry: Laundry Area, Room
  • Total Bathrooms: 1.00
  • Den: 1
  • Equipment: Barbeque, Cable, Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Stackable W/D Hookup, Washer
  • Price Per S Q F T: 2173.00

Exterior Features

  • Direction Faces: West
  • Tennis Court Y/N: No
  • Foundation Details: Raised
  • Fence: Wood
  • Pool: No
  • Spa: Hot Tub
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Parking Garage: Offsite

Utilities

  • Cooling: Air Conditioning, Ceiling Fan, Multi/Zone
  • Heating: Central, Fireplace, Forced Air

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4241-012-001
  • Geocode Override: No
  • Lot Size Area: 2137

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2018
Closed on
Jul 20, 2018
Sold by
Gerbasi Suzanne Frank and The Suzanne Frank Gerbasi Trus
Bought by
Crowley John and Mcintosh Cameron
Seller's Agent
Suzanne Frank
Abbot Kinney Real Estate Inc.
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$1,350,000
Sold Price
$1,366,000
Premium/Discount to List
$16,000
1.19%
Current Estimated Value
$2,045,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$679,770
Avg. Annual Appreciation
5.90%
Original Mortgage
$820,000
Outstanding Balance
$713,616
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$1,332,154

Purchase Details

Closed on
Jun 22, 2017
Sold by
Hiura Joseph
Bought by
Hiura Joseph Masao and Gerbasi Suzanne Frank

Purchase Details

Closed on
Jan 4, 2010
Sold by
Hiura Joseph and Hiura Joseph H
Bought by
Hiura Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$677,000
Interest Rate
4.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2009
Sold by
Tanimoto Craig Hiura and Craig Tanimoto Trust
Bought by
Hiura Joseph and Hiura Joseph H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$677,000
Interest Rate
4.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2007
Sold by
Frank Gerbasi Suzanne and Frank Suzanne
Bought by
Frank Gerbasi Suzanne and Suzanne Frank Gerbasi Trust

Purchase Details

Closed on
Feb 5, 2007
Sold by
Tanimoto Craig H
Bought by
Tanimoto Craig Hiura and Craig Tanimoto Trust

Purchase Details

Closed on
Jan 26, 2005
Sold by
Boardman Shira
Bought by
Tanimoto Craig T

Purchase Details

Closed on
Jan 24, 2005
Sold by
Hiura Joseph H
Bought by
Hiura Joseph H and Hiura Frank Suzanne

Purchase Details

Closed on
Jun 24, 2004
Sold by
Hiura Joseph and Hiura Joseph H
Bought by
Hiura Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$663,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 2003
Sold by
Frank Suzanne and Hiura Gregory M
Bought by
Hiura Joseph and Hiura Joseph H

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
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 2001
Sold by
Tanimoto Craig H
Bought by
Tanimoto Craig H and Boardman Shira

Purchase Details

Closed on
Aug 15, 2000
Sold by
Trust Teubal Savina J Tr Savina J Teubal
Bought by
Frank Suzanne and Hiura Joseph H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,800
Interest Rate
8.07%
Source: Public Records

Range of Values:

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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
Crowley John $1,366,000 Lawyers Title
Hiura Joseph Masao -- None Available
Hiura Joseph -- Equity Title Los Angeles
Hiura Joseph -- Equity Title
Frank Gerbasi Suzanne -- None Available
Tanimoto Craig Hiura -- None Available
Tanimoto Craig T $57,000 --
Hiura Joseph H -- --
Hiura Joseph -- Equity Title
Hiura Joseph -- Equity Title
Tanimoto Craig H -- --
Frank Suzanne $576,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crowley John $820,000
Closed Crowley John $100,000
Previous Owner Hiura Joseph $614,000
Previous Owner Hiura Joseph $677,000
Previous Owner Hiura Joseph $663,000
Previous Owner Hiura Joseph $550,000
Previous Owner Frank Suzanne $460,800
Closed Frank Suzanne $57,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2018 08/08/18 Sold $1,366,000 +1.2% $2,200 / Sq Ft
06/01/2018 06/01/18 For Sale $1,350,000 -- $2,174 / 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 $23,258 $1,949,396 $1,761,423 $187,973
2024 $23,258 $1,911,174 $1,726,886 $184,288
2023 $22,807 $1,873,701 $1,693,026 $180,675
2022 $21,742 $1,836,963 $1,659,830 $177,133
2021 $21,480 $1,800,945 $1,627,285 $173,660
2020 $21,704 $1,782,480 $1,610,600 $171,880
2019 $20,833 $1,747,530 $1,579,020 $168,510
2018 $20,583 $1,700,000 $1,550,000 $150,000
2016 $11,919 $981,431 $799,616 $181,815
2015 $11,745 $966,690 $787,606 $179,084
2014 $11,797 $947,754 $772,178 $175,576
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Suzanne Frank

    Abbot Kinney Real Estate Inc.

  • Peter Roach

    Seller Co-Listing Agent in 2018

    Peter Roach

    Abbot Kinney Real Estate Inc.

    (310) 780-7421

    1 in this area

    18 Total Sales

    Peter Roach
    Section Image

  • S

    Buyer's Agent in 2018

    Subscriber Non

    Non-Participant Office

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Map

Source: The MLS

MLS Number: 18-349586

The MLS

APN: 4241-012-001

California Los Angeles County Venice 90291 Venice

616 Milwood Ave, Venice, CA

This home is located at 616 Milwood Ave, Venice, CA 90291 since 01 June 2018 and is currently estimated at $2,045,770, approximately $3,294 per square foot. This property was built in 1922. 616 Milwood Ave is a home located in Los Angeles County with nearby schools including Westminster Avenue Elementary School, Broadway Elementary, and Mark Twain Middle School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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