NOT LISTED FOR SALE

650 Rose Ave Unit 1 Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,376,000 - $1,592,000

2 Beds
2.5 Baths
1,600 Sq Ft
5,240 Sq Ft Lot

Highlights

  • Rooftop Deck
  • Gated Parking
  • Gated Community
  • Broadway Elementary Rated A
  • Panoramic View
  • Living Room with Fireplace

About This Home

As of September 2024

This tri-level architectural retreat offers you urban modern living at its finest! The first level welcomes you with a stylish entry way and two en-suite bedrooms. The spacious Master Suite features two expansive closets and a glamourous bathroom including a spacious designer shower. The second level is flooded with natural light and offers soaring ceilings, warm wood floors throughout, a fireplace and an open floor plan as well as a gourmet kitchen, spacious den/office and a living/dining space with exceptional design details. The designer kitchen features Sub Zero and Gaggenau appliances, abundant countertop space and a substantial amount of cabinetry for additional storage. The expansive rooftop patio has sweeping views of the City and allows for the ultimate Venice indoor/outdoor living experience. Situated on trendy Rose Ave and just blocks to Abbot Kinney Boulevard, coined "coolest block in America," presenting numerous International flagship stores, art galleries, salons and fitness studios...and a short distance to the sandy shores of the Pacific Ocean.

Last Agent to Rent the Property

Guy Reid

Douglas Elliman License #01882863 Listed on: 08/06/2024

Douglas Elliman

Co-Listed By

Raphael Barragan

Douglas Elliman License #01898434

Last Renter's Agent

Guy Reid

Douglas Elliman License #01882863 Listed on: 08/06/2024

Douglas Elliman

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1992

Lot Details

  • 5,240

Property Views

  • Panoramic
  • City Lights
  • Mountain
  • Hills

Home Design

  • Split Level Home

Interior Spaces

  • 1,600 Sq Ft Home
  • 3-Story Property
  • Living Room with Fireplace
  • Den
  • Library

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Powder Room

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Gated Parking

Additional Features

  • Rooftop Deck
  • Gated Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $15,990
  • Tenant pays for cable TV, electricity, gas
  • Rent includes water
  • 12 Month Lease Term
  • Assessor Parcel Number 4240-011-053

Community Details

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Gated Community

Condo Details

Home Type

Condominium

Year Built

Built in 1992

Lot Details

0

Rental Info

  • Rent Includes: Water
  • Security Deposit: 15990
  • Tenant Pays: Cable TV, Electricity, Gas

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Style: Architectural
  • Single Family Or Apt: Condo/Apt
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Advertising Remarks: This tri-level architectural retreat offers you urban modern living at its finest! The first level welcomes you with a stylish entry way and two en suite bedrooms. The spacious Master Suite features two expansive closets and a glamourous bathroom including a spacious designer shower. The second level is flooded with natural light and offers soaring ceilings, warm wood floors throughout, a fireplace and an open floor plan as well as a gourmet kitchen, spacious den/office and a living/dining space with exceptional design details. The designer kitchen features Sub Zero and Gaggenau appliances, abundant countertop space and a substantial amount of cabinetry for additional storage. The expansive rooftop patio has sweeping views of the City and allows for the ultimate Venice indoor/outdoor living experience. Situated on trendy Rose Ave and just blocks to Abbot Kinney Boulevard.
  • Lease Terms: 1+Year
  • Living Area: 1600
  • Lot Acreage: 0.1203
  • Stories: 3
  • Year Built: 1992
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Mixed
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Equipment: Dryer, Microwave, Washer, Refrigerator, Garbage Disposal, Range/Oven, Dishwasher
  • Price Per S Q F T: 5.00

Exterior Features

  • Patio: Roof Top Deck
  • Pool: No
  • Spa Yn: No
  • View: City, City Lights, Hills, Panoramic, Mountains
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Gated, Assigned, Subterr Tandem
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated

Association/Amenities

  • Amenities: Gated Community
  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4240-011-053
  • Lot Size Area: 5242

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2002
Sold by
Beasley John R and Chiu Lorna
Bought by
Rubin Canaan
Current Estimated Value
$1,514,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$136,649
Interest Rate
4.87%
Estimated Equity
$1,377,821

Purchase Details

Closed on
Aug 16, 1999
Sold by
Mitchell Ian
Bought by
Beasley John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.47%

Purchase Details

Closed on
Jul 25, 1994
Sold by
First Venflo
Bought by
Mitchell Ian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
8.38%
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
Rubin Canaan $450,000 Southland Title Corporation
Beasley John R $340,000 Equity Title
Mitchell Ian $285,000 Old Republic Title Co
Miklaucic Tim $335,000 Old Republic Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rubin Canaan $360,000
Previous Owner Beasley John R $240,000
Previous Owner Miklaucic Tim $268,000
Previous Owner Mitchell Ian $228,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2024 09/03/24 Rented $7,600 -4.9% --
08/06/2024 08/06/24 For Rent $7,995 +5.9% --
03/13/2023 03/13/23 Rented $7,550 -2.6% --
02/16/2023 02/16/23 For Rent $7,750 +14.0% --
09/07/2017 09/07/17 Rented $6,800 -6.2% --
08/03/2017 08/03/17 Price Changed $7,250 -9.3% $5 / Sq Ft
07/06/2017 07/06/17 For Rent $7,995 +23.0% --
09/21/2015 09/21/15 Rented $6,500 -7.1% --
08/10/2015 08/10/15 For Rent $6,995 -- --
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 $7,771 $651,731 $362,075 $289,656
2024 $7,771 $638,953 $354,976 $283,977
2023 $7,622 $626,425 $348,016 $278,409
2022 $7,268 $614,143 $341,193 $272,950
2021 $7,171 $602,102 $334,503 $267,599
2019 $6,953 $584,246 $324,583 $259,663
2018 $6,920 $572,791 $318,219 $254,572
2016 $6,607 $550,551 $305,863 $244,688
2015 $6,510 $542,282 $301,269 $241,013
2014 $6,534 $531,660 $295,368 $236,292
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-424434

The MLS

APN: 4240-011-053