NOT LISTED FOR SALE

633 Palms Blvd Unit A Venice, CA 90291

Venice Neighborhood

Estimated Value: $2,704,000 - $5,640,000

2 Beds
2 Baths
1,325 Sq Ft
$3,004/Sq Ft Est. Value

Highlights

  • Rooftop Deck
  • City View
  • Wood Flooring
  • Broadway Elementary Rated A-
  • Contemporary Architecture
  • Built-In Features

About This Home

As of February 2021

Sophisticated stand-alone 2 bed, 2 bath townhouse-style unit in prime Venice! Designed with impeccable attention to detail, this brand new unit seamlessly integrates an eclectic Venice vibe with contemporary finishes throughout. The kitchen features custom cabinetry, Bosch range/oven, Caesarstone counters & beautiful oversized window, and opens out to the wrap-around deck. Main bedroom on the second floor has two closets w/ample storage, and en-suite bathroom w/intricate encaustic tile flooring, dual sink vanity & walk-in shower. The top floor leads to an expansive rooftop deck w/breathtaking mountain & city views. The unit is complete w/central A/C, recessed lighting, engineered oak wood floors, in-unit laundry & outdoor shower. With the construction of this small 4-unit complex now complete, be the first to occupy this exceptional unit, just moments to Abbot Kinney & Erewhon, and near Venice Farmers Market, Rose Ave & the beach!

Last Agent to Rent the Property

Diana Braun

Compass License #01362342 Listed on: 12/07/2020

Compass

Last Renter's Agent

Elisa Crispi

Compass License #02068150

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,180

Year Built

  • Built in 1924

Lot Details

  • 5,400 Sq Ft Lot
  • Property is zoned LAR2

Parking

  • On-Street Parking

Property Views

  • City
  • Mountain

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,325 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Living Room

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Rooftop Deck
  • Open Patio

Utilities

  • Central Heating and Cooling System

Community Details

Listing and Financial Details

  • Security Deposit $13,300
  • Tenant pays for electricity, gas, cable TV
  • 12 Month Lease Term
  • Assessor Parcel Number 4241-012-033

Home Details

Home Type

Single Family

Est. Annual Taxes

$48,180

Year Built

Built in 1924

Lot Details

0

Rental Info

  • Security Deposit: 13300
  • Tenant Pays: Electricity, Gas, Cable TV

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Style: Contemporary
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Entry Floor: 1
  • Lease Terms: 1+Year
  • Living Area: 1325
  • Lot Acreage: 0.1240
  • Stories: 3
  • Year Built: 1924
  • Number Of Photos: 20
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Tile
  • Bedrooms: 2
  • Fireplaces: 0
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator, Washer, Freezer
  • Fireplace: No
  • Price Per S Q F T: 4.94

Exterior Features

  • Patio: Roof Top Deck, Patio Open
  • Pool: No
  • View: City, Tree Top, Mountains
  • View: Yes

Garage/Parking

  • Parking Garage: On street

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Unit Location: Middle

Lot Info

  • Assessor Parcel Number: 4241-012-033
  • Lot Size Area: 5400

Multi Family

  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2020
Sold by
645Rose Llc
Bought by
645Rose Llc
Current Estimated Value
$3,988,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,200,000
Outstanding Balance
$2,783,363
Interest Rate
2%
Mortgage Type
New Conventional
Estimated Equity
$1,196,761

Purchase Details

Closed on
Dec 9, 2015
Sold by
Mathers Todd W and Sobesky Eva I
Bought by
645Rose Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
2.65%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
645Rose Llc -- Old Republic Title
645Rose Llc $2,828,500 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 645Rose Llc $3,200,000
Closed 645Rose Llc $1,800,000
Previous Owner Mathers Todd W $250,000
Previous Owner Mathers Todd W $285,000
Previous Owner Mathers Todd W $28,000
Previous Owner Mathers Todd W $245,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2021 02/25/21 Rented $6,500 -0.8% --
01/26/2021 01/26/21 Price Changed $6,550 -1.5% $5 / Sq Ft
12/07/2020 12/07/20 For Rent $6,650 -- --
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 $48,180 $3,997,866 $2,367,592 $1,630,274
2024 $48,180 $3,919,477 $2,321,169 $1,598,308
2023 $46,644 $3,842,625 $2,275,656 $1,566,969
2022 $44,459 $3,767,281 $2,231,036 $1,536,245
2021 $43,913 $3,693,414 $2,187,291 $1,506,123
2020 $41,786 $3,269,024 $2,164,864 $1,104,160
2019 $37,958 $3,204,926 $2,122,416 $1,082,510
2018 $35,474 $2,942,771 $2,080,800 $861,971
2016 $5,246 $419,592 $309,005 $110,587
2015 $5,172 $413,290 $304,364 $108,926
2014 $5,215 $405,195 $298,402 $106,793
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-668342

The MLS

APN: 4241-012-033