NOT LISTED FOR SALE

643 Vernon Ave Unit 2 Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,587,000 - $1,817,000

1 Bed
1 Bath
450 Sq Ft
$3,802/Sq Ft Est. Value

Highlights

  • Wood Flooring
  • Living Room
  • Bungalow
  • Broadway Elementary Rated A
  • Laundry Room
  • Controlled Entrance

About This Home

As of January 2024

Terrific Venice location near Rose and walking distance to shops and restaurants! Rear bungalow studio unit is located on the back portion of the property behind the front main house. Access the unit from the back through a motorized gate with remote control and park in an enclosed back area. Street parking also available. Studio unit has vintage details and a brand new washer/dryer, stove and refrigerator. Garage not included and is not available. Excellent credit and financials required. Call regarding pets. Pet deposit may be required.

Last Agent to Rent the Property

John Woodward

John Woodward IV License #00513357 Listed on: 09/18/2023

Last Renter's Agent

Lambert Stepanich

Keller Williams Realty License #01505482

Keller Williams Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1923

Lot Details

  • 4,802 Sq Ft Lot
  • Property is zoned LARD1.5

Home Design

  • Bungalow

Interior Spaces

  • 1 Full Bathroom
  • 450 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Oven or Range

Flooring

  • Wood
  • Linoleum

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Controlled Entrance

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

Listing and Financial Details

  • Security Deposit $5,500
  • Tenant pays for cable TV, electricity, gas, water
  • 12 Month Lease Term
  • Assessor Parcel Number 4240-013-030

Home Details

Home Type

Single Family

Year Built

Built in 1923

Lot Details

0

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Lease Option: 1
  • Security Deposit: 5500
  • Tenant Pays: Cable TV, Electricity, Gas, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Bungalow
  • Single Family Or Apt: Single Family
  • Levels: One
  • Street Number Display: Yes
  • Lease Terms: 1-Year
  • Living Area: 450
  • Lot Acreage: 0.1102
  • Stories: 1
  • Year Built: 1923
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Linoleum
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside
  • Total Bathrooms: 1.00
  • Equipment: Range/Oven, Refrigerator, Dryer, Washer
  • Price Per S Q F T: 6.11

Exterior Features

  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Controlled Entrance, Door Opener
  • Total Parking: 1

Utilities

  • Heating: Wall

Association/Amenities

  • Pet Rules: Call

Condo/Co-op/Association

  • Unit Location: Off alley

Lot Info

  • Assessor Parcel Number: 4240-013-030
  • Lot Size Area: 4802

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 1998
Sold by
Mounsey Claudia
Bought by
Lau Michael W
Current Estimated Value
$1,710,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.11%
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
Lau Michael W -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lau Michael W $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2024 01/18/24 Rented $2,750 0.0% --
01/08/2024 01/08/24 For Rent $2,750 0.0% --
12/14/2023 12/14/23 Off Market $2,750 -- --
09/27/2023 09/27/23 Price Changed $2,750 -5.2% $6 / Sq Ft
09/18/2023 09/18/23 For Rent $2,900 -- --
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 $4,342 $348,733 $238,251 $110,482
2024 $4,342 $341,896 $233,580 $108,316
2023 $4,264 $335,193 $229,000 $106,193
2022 $4,073 $328,621 $224,510 $104,111
2021 $4,016 $322,178 $220,108 $102,070
2020 $4,055 $318,876 $217,852 $101,024
2019 $3,899 $312,625 $213,581 $99,044
2018 $3,867 $306,496 $209,394 $97,102
2016 $3,692 $294,597 $201,264 $93,333
2015 $3,640 $290,173 $198,241 $91,932
2014 $3,666 $284,490 $194,358 $90,132
Source: Public Records

Agents Affiliated with this Home

  • J

    Landlord's Agent in 2024

    John Woodward

    John Woodward IV

    (310) 472-7753

    12 Total Sales

    John Woodward
    Section Image

  • L

    Tenant's Agent in 2024

    Lambert Stepanich

    Keller Williams Realty

    (310) 375-3511

    2 Total Sales

    Lambert Stepanich
    Section Image
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Map

Source: The MLS

MLS Number: 23-313021

The MLS

APN: 4240-013-030

California Los Angeles County Venice 90291 Venice

643 Vernon Ave Unit 2, Venice, CA

Not Listed for Sale

Detached

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