NOT LISTED FOR SALE

Estimated Value: $2,028,000 - $2,303,000

3 Beds
3 Baths
1,504 Sq Ft
$1,454/Sq Ft Est. Value

Last Sold December 08, 2023

Last sale price $2,000,000 $1,330 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $13,480/month

35 Days on Market

Highlights

  • City View
  • Traditional Architecture
  • Built-In Features
  • Broadway Elementary Rated A
  • No HOA
  • Living Room

About This Home

As of December 2023

Welcome to this exceptional home boasting 3 bedrooms + office and 3 bathrooms, situated on an expansive lot in close proximity to the vibrant Rose Avenue and the beach. Nestled in a tranquil enclave of Venice, this property offers a serene oasis in a highly sought-after west of Lincoln location. Extensively renovated, this home showcases a host of modern upgrades including a brand-new kitchen, remodeled bathrooms, new heating and air conditioning systems and new flooring throughout. The possibilities are endless with its R1.5 zoning, an expansive backyard & fenced front yard, allowing you to enjoy the property as-is or create your dream home in the heart of Venice Beach. Architectural plans for a fourplex are available upon request, providing an exciting investment opportunity. With the convenience of Whole Foods, fantastic dining establishments, great bars and shops just around the corner, as well as proximity to Abbot Kinney, this home offers an ideal beach community lifestyle. Don't miss out on the chance to call this remarkable property yours!

Last Agent to Sell the Property

Sabine Pleissner

Compass License #01908450 Listed on: 07/12/2023

Compass

Last Buyer's Agent

Leticia Govea

Compass License #01843761

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 5,798 Sq Ft Lot
  • Lot Dimensions are 40x145
  • Property is zoned LARD1.5

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,504 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Living Room
  • Dining Room
  • City Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Driveway

Additional Features

  • Open Patio
  • Zoned Heating and Cooling

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4240-011-028

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 1504
  • Lot Acreage: 0.1331
  • Lot Dimensions: 40x145
  • Planned Urban Dev: 0
  • Stories: 1
  • Year Built: 1948
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Laminate, Mixed, Tile
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit, Inside
  • Total Bathrooms: 3.00
  • Equipment: Built-Ins, Ceiling Fan, Dishwasher, Dryer, Microwave, Washer, Range/Oven
  • Price Per S Q F T: 1326.46

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: City
  • View: Yes

Garage/Parking

  • Other Spaces: 3
  • Parking Garage: Driveway
  • Total Parking: 3

Utilities

  • Cooling: Air Conditioning, Multi/Zone
  • Heating: Zoned, Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4240-011-028
  • Lot Size Area: 5798

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2023
Closed on
Oct 30, 2023
Sold by
Mckenna Todd
Bought by
Mcconnell Daniella and Mcbride Theodore Odland
Seller's Agent
Sabine Pleissner
Compass
Buyer's Agent
Leticia Govea
Compass
List Price
$2,199,000
Sold Price
$2,000,000
Premium/Discount to List
-$199,000
-9.05%
Views
58
Current Estimated Value
$2,186,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,479
Avg. Annual Appreciation
4.44%
Original Mortgage
$1,799,800
Outstanding Balance
$1,770,105
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$416,374

Purchase Details

Closed on
Jul 22, 2004
Sold by
Resendez Pablo and Resendez Theresa
Bought by
Mckenna Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 5, 2001
Sold by
Resendez Theresa and Resendez Pablo
Bought by
Resendez Pablo and Resendez Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,500
Interest Rate
7%

Purchase Details

Closed on
Feb 14, 1997
Sold by
Resendez Pablo R and Resendez Socorro
Bought by
Resendez Pablo and Resendez Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.91%

Purchase Details

Closed on
May 7, 1996
Sold by
Resendez Socorro
Bought by
Resendez Socorro and Resendez Pablo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
9.99%
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
Mcconnell Daniella $2,000,000 California Title Company
Mckenna Todd $500,000 Landsafe Title
Resendez Pablo -- Landsafe Title
Resendez Pablo -- Orange Coast Title
Resendez Socorro -- Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcconnell Daniella $1,799,800
Previous Owner Mckenna Todd $300,000
Previous Owner Resendez Pablo $346,500
Previous Owner Resendez Pablo $144,000
Previous Owner Resendez Socorro $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2023 12/08/23 Sold $2,000,000 +0.3% $1,330 / Sq Ft
08/16/2023 08/16/23 Pending -- -- --
08/14/2023 08/14/23 Price Changed $1,995,000 -9.3% $1,326 / Sq Ft
07/12/2023 07/12/23 For Sale $2,199,000 -- $1,462 / 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 $24,287 $2,040,000 $1,785,000 $255,000
2024 $24,287 $2,000,000 $1,750,000 $250,000
2023 $11,545 $937,836 $764,375 $173,461
2022 $11,012 $919,448 $749,388 $170,060
2021 $10,875 $901,421 $734,695 $166,726
2019 $10,551 $874,686 $712,904 $161,782
2018 $10,465 $857,536 $698,926 $158,610
2016 $10,010 $824,238 $671,787 $152,451
2015 $9,864 $811,859 $661,697 $150,162
2014 $9,900 $795,957 $648,736 $147,221
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-289647

The MLS

APN: 4240-011-028