NOT LISTED FOR SALE

664 Westminster Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,935,655 - $2,900,000

4 Beds
2 Baths
1,812 Sq Ft
$1,324/Sq Ft Est. Value

Last Sold October 27, 2020

Last sale price $2,010,000 $1,109 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $15,321/month

21 Days on Market

Highlights

  • Gated Parking
  • Traditional Architecture
  • Ceiling Fan
  • Broadway Elementary Rated A-
  • Tankless Water Heater
  • 2-minute walk to Oakwood Park

About This Home

As of October 2020

Beautifully renovated Venice beach compound! Private sun filled duplex on a large lot, completely gated w/ ample secure parking. Walkable to Abbot Kinney & the beach. Upstairs & downstairs units are each 2 bed/1 bath & have been extensively updated with designer touches throughout. The kitchens have been fully renovated w/ brand new cabinetry, stainless steel appliances, new washers/dryers. The bathrooms have been completely re-done, with radiant floor heating & quality finishes. Additional updates include new spacious decks on the front & back of the property, walk-in closets, and tankless hot water heaters. The private outdoor space & expansive lot w/ shaded decks are perfect for al fresco dining & entertaining. Enjoy new landscaping & mature fruit trees, including pomegranate, apple, lemon, persimmon, & guava. Delivered completely vacant! Projected Rent: Unit 1 - $5,000, Unit 2 - $4,500. An incredible opportunity to own an exquisite income property in a dream location.

Last Agent to Sell the Property

Jacqueline Cahen

Compass License #01954079 Listed on: 09/08/2020

Compass

Last Buyer's Agent

Alicia Rivett

The Agency License #01997362

The Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,269

Year Built

  • Built in 1946 | Remodeled

Lot Details

  • 5,199 Sq Ft Lot
  • Property is zoned LARD1.5

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,812 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Gated Parking

Utilities

  • Heating System Mounted To A Wall or Window
  • Tankless Water Heater

Community Details

Listing and Financial Details

  • Assessor Parcel Number 4239-024-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,269

Year Built

Built in 1946 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 1812
  • Lot Acreage: 0.1194
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1946
  • Number Of Photos: 42
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Common Walls: Detached/No Common Walls
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Equipment: Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 1100.99

Exterior Features

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

Garage/Parking

  • Parking Garage: Gated
  • Total Parking: 4

Utilities

  • Water Heater: Tankless
  • Cooling: Ceiling Fan
  • Heating: Wall
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 25.00
  • Assessed Improvement Value: 43407
  • Assessed Land Percent: 75
  • Assessed Land Value: 130244
  • Total Assessed Value: 173651
  • Assessor Parcel Number: 4239-024-011
  • Lot Size Area: 5199

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Duplex
  • Vacancy Rate: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2021
Sold by
Paxton Jack H and Malka Jennifer
Bought by
Maxpal Property Llc
Current Estimated Value
$2,399,414

Purchase Details

Listed on
Sep 8, 2020
Closed on
Oct 19, 2020
Sold by
Richards Adam N and Richards Johanna Christina
Bought by
Paxton Jack H and Malka Jennifer
Seller's Agent
Jacqueline Cahen
Compass
Buyer's Agent
Alicia Rivett
The Agency
List Price
$1,995,000
Sold Price
$2,010,000
Premium/Discount to List
$15,000
0.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.73%
Original Mortgage
$1,350,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2018
Sold by
Richards Adam N and Collins Johanna C
Bought by
Richards Adam N and Collins Johanna C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$935,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 29, 2017
Closed on
Apr 3, 2017
Sold by
Eigirdas Remis
Bought by
Richards Adam N and Collins Johanna C
Seller's Agent
Jaclyn Naidoo
Rodeo Realty
Buyer's Agent
Jacqueline Cahen
Compass
List Price
$1,475,000
Sold Price
$1,670,000
Premium/Discount to List
$195,000
13.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.44%

Purchase Details

Closed on
Oct 31, 1996
Sold by
Dobrovolskis Yolanta
Bought by
Yolanta Dobrovolskis Trust

Purchase Details

Closed on
Dec 7, 1994
Sold by
Gelerman Susan Sari
Bought by
Dobrovolskis Yolanta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.3%
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
Maxpal Property Llc -- None Available
Paxton Jack H $2,010,000 Fidelity Natl Ttl Co Long Be
Richards Adam N -- First American Title Company
Richards Adam N $1,670,000 Fidelity National Title Co
Yolanta Dobrovolskis Trust -- --
Dobrovolskis Yolanta $120,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Paxton Jack H $1,350,000
Previous Owner Richards Adam N $500,000
Previous Owner Richards Adam N $935,000
Previous Owner Richards Adam N $950,000
Previous Owner Dobrovolskis Yolanta $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2020 10/27/20 Sold $2,010,000 +0.8% $1,109 / Sq Ft
09/29/2020 09/29/20 Pending -- -- --
09/08/2020 09/08/20 For Sale $1,995,000 +19.5% $1,101 / Sq Ft
04/21/2017 04/21/17 Sold $1,670,000 +13.2% $922 / Sq Ft
03/22/2017 03/22/17 Pending -- -- --
01/29/2017 01/29/17 For Sale $1,475,000 -- $814 / 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 $27,269 $2,294,755 $2,062,033 $232,722
2024 $27,269 $2,249,760 $2,021,601 $228,159
2023 $26,737 $2,205,648 $1,981,962 $223,686
2022 $25,484 $2,162,400 $1,943,100 $219,300
2021 $23,886 $2,010,000 $1,800,000 $210,000
2020 $21,531 $1,772,217 $1,591,812 $180,405
2019 $20,665 $1,737,468 $1,560,600 $176,868
2018 $20,604 $1,703,400 $1,530,000 $173,400
2016 $2,149 $170,247 $127,691 $42,556
2015 $2,119 $167,690 $125,773 $41,917
2014 $2,139 $164,406 $123,310 $41,096
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-629248

The MLS

APN: 4239-024-011