NOT LISTED FOR SALE

648 1/2 Palms Blvd Venice, CA 90291

Venice Neighborhood

Estimated Value: $2,192,000 - $3,090,510

2 Beds
3 Baths
1,450 Sq Ft
$1,793/Sq Ft Est. Value

Highlights

  • Detached Guest House
  • Living Room with Fireplace
  • Furnished
  • Broadway Elementary Rated A-
  • Wood Flooring
  • Den

About This Home

As of August 2022

California Craftsman Bungalow located on Palms, a block away from Abbot Kinney shops and restaurants. This 2 bedroom, 3 bathroom home is perched above on one of the best streets in Venice, and has a den/parlor & study/office - perfect for working from home! Beautifully landscaped with a sun drenched open floor plan, featuring new hardwood floors and central air conditioning. The living space opens onto a large deck that's very private, creating a wonderful indoor-outdoor flow. A great, meditative home which is also perfect for entertaining, enjoying the fresh ocean air and catching sunset views. Completing the quintessential Venice dream are the updated smart kitchen and bath, along with the bedrooms that share a private patio in back. Adjacent to the picturesque Walk Street District, and moments away from everything Venice has to offer - Erewhon Organic Grocer, Abbot Kinney Blvd, Rose Ave, & the beach! This one's a gem!

Last Agent to Rent the Property

Josh Flynn

Pardee Properties License #01985199 Listed on: 07/19/2022

Co-Listed By

Keri Coughlan

Pardee Properties License #01923133

Last Renter's Agent

Josh Flynn

Halton Pardee and Partners, Inc. License #01985199

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,223

Year Built

  • Built in 1913

Lot Details

  • 5,296 Sq Ft Lot
  • Lot Dimensions are 40x132
  • Property is zoned LAR2

Home Design

  • Bungalow

Interior Spaces

  • 1,450 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Assigned Parking

Utilities

  • Air Conditioning
  • Central Heating

Additional Features

  • Enclosed Patio or Porch
  • Detached Guest House

Listing and Financial Details

  • Security Deposit $15,000
  • Tenant pays for cable TV, electricity, trash collection, water, gas
  • 12 Month Lease Term
  • Assessor Parcel Number 4241-014-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,223

Year Built

Built in 1913

Lot Details

0

Rental Info

  • Furnished: Furnished
  • Security Deposit: 15000
  • Tenant Pays: Cable TV, Electricity, Trash Collection, Water, Gas

Listing Details

  • Property Type: Residential Lease
  • Style: California Bungalow
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 1450
  • Lot Acreage: 0.1216
  • Lot Dimensions: 40x132
  • Stories: 2
  • Year Built: 1913
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Mixed
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Equipment: Dryer, Dishwasher, Washer, Refrigerator, Range/Oven, Microwave
  • Price Per S Q F T: 5.17

Exterior Features

  • Guest House: Detached
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 1

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4241-014-020
  • Lot Size Area: 5296

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2018
Sold by
Smith Garfield and Fischer Lisa
Bought by
Smith Garfield and Fischer Lisa
Current Estimated Value
$2,599,378

Purchase Details

Closed on
Mar 4, 2011
Sold by
Fischer Lisa and Smith Garfield
Bought by
Fischer Lisa and Smith Garfield

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,000
Interest Rate
4.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2009
Sold by
Fischer Lisa
Bought by
Fischer Lisa and Smith Garfield

Purchase Details

Closed on
May 14, 2003
Sold by
Fischer Lisa
Bought by
Fischer Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,000
Interest Rate
5.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 10, 1994
Sold by
Bryant Ann W and The Ann W Bryant Declaration O
Bought by
Fischer Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
8.65%
Source: Public Records

Range of Values:

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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
Smith Garfield -- None Available
Fischer Lisa -- None Available
Fischer Lisa -- Fidelity National Title Co
Fischer Lisa -- None Available
Fischer Lisa -- First American Title Co
Fischer Lisa $275,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fischer Lisa $532,000
Previous Owner Fischer Lisa $389,000
Previous Owner Fischer Lisa $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2022 08/08/22 Rented $7,500 0.0% --
07/19/2022 07/19/22 For Rent $7,500 -- --
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 $7,223 $587,771 $403,118 $184,653
2024 $7,223 $576,247 $395,214 $181,033
2023 $7,090 $564,949 $387,465 $177,484
2022 $6,767 $553,872 $379,868 $174,004
2021 $6,672 $543,013 $372,420 $170,593
2020 $6,738 $537,446 $368,602 $168,844
2019 $6,475 $526,909 $361,375 $165,534
2018 $6,401 $516,579 $354,290 $162,289
2016 $6,104 $496,522 $340,534 $155,988
2015 $6,016 $489,064 $335,419 $153,645
2014 $6,048 $479,485 $328,849 $150,636
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-179023

The MLS

APN: 4241-014-020