NOT LISTED FOR SALE

Estimated Value: $3,769,000 - $4,719,000

3 Beds
3.5 Baths
4,017 Sq Ft
$1,057/Sq Ft Est. Value

Last Sold December 09, 2021

Last sale price $3,675,000 $915 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $26,936/month

Highlights

  • Ocean View
  • Home Theater
  • Heated In Ground Pool
  • Broadway Elementary Rated A-
  • New Construction
  • 3-minute walk to Oakwood Park

About This Home

As of January 2022

Welcome to "The Love House," a concept of art and design brought to life by The renowned GIBBS Architects. Discover this must-see architectural gem that's truly one of a kind! An exterior adorned with a commissioned work by artist Ruben Rojas, recognized for his "love" murals throughout the world, welcomes you to this home that showcases sophisticated details throughout. Step through the front gate and be welcomed into a lush outdoor oasis before setting foot inside. The natural palate and attention to detail throughout is impeccable. A courtyard featuring a shimmering pool and spa serve as the centerpiece of this home, creating an atmosphere of privacy and serenity. The corner pocket doors that wrap around the interior courtyard seamlessly blend the outdoors with the bright, open floor plan interior. The open concept living and dining areas flow effortlessly into a chef's kitchen equipped with all Viking appliances and a large island with stunning marble countertops. Inside the massive pantry you will find a second refrigerator and plenty of storage space. Head upstairs where you will find 3 bedrooms, 3 bathrooms, and another living area complete with a wet bar. The massive light-filled primary suite has floor to ceiling pocket doors overlooking the pool. Immerse yourself in the opulent ensuite featuring dual vanities, showers, toilets and a freestanding soaking tub. Step onto the expansive rooftop entertainment area complete with an outdoor kitchen and BBQ and be delighted by the breathtaking views ofthe city and the refreshing ocean breeze. This smart home is connected on control 4, Nest and a 10 camera Ring Security System that can be controlled through your phone or iPad. The two-car garage with ample room for two additional cars behind it, all privately tucked away behind the the security gates. Ideal location, a few blocks from Venice Beach and just steps from Abbot Kinney with it's hip restaurants, bars, and boutique shopping.

Last Agent to Rent the Property

Trey Alligood

Douglas Elliman License #02099406 Listed on: 12/10/2021

Douglas Elliman

Co-Listed By

Wade Williams

Douglas Elliman License #02003401

Last Renter's Agent

KEVIN GOLD

SERV CORP License #02059775

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,091

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 4,572 Sq Ft Lot
  • Gated Home
  • Sprinkler System
  • Property is zoned LARD1.5

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • Panoramic
  • City Lights
  • Mountain
  • Pool

Interior Spaces

  • 4,017 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • High Ceiling
  • Sliding Doors
  • Entryway
  • Great Room
  • Family Room on Second Floor
  • Living Room with Fireplace
  • Dining Area
  • Home Theater
  • Home Office
  • Bonus Room
  • Wood Flooring

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Walk-In Pantry
  • Oven or Range
  • Freezer
  • Dishwasher
  • Marble Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Powder Room
  • Double Vanity
  • Bathtub with Shower
  • Double Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Alarm System
  • Fire Sprinkler System

Pool

  • Heated In Ground Pool
  • Heated Spa

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Enclosed Patio or Porch
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Listing and Financial Details

  • Security Deposit $25,000
  • Tenant pays for gas, electricity, cable TV, insurance, water, trash collection
  • Rent includes gardener, pool
  • 12 Month Lease Term
  • Assessor Parcel Number 4239-013-017

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,091

Year Built

Built in 2021 | New Construction

Lot Details

0

Parking

2

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Pet Deposit: 500.00
  • Rent Includes: Gardener, Pool
  • Security Deposit: 25000
  • Tenant Pays: Gas, Electricity, Cable TV, Insurance, Water, Trash Collection

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Advertising Remarks: Welcome to "The Love House," a concept of art and design brought to life by The renowned GIBBS Architects. Discover this must-see architectural gem that's truly one of a kind! An exterior adorned with a commissioned work by artist Ruben Rojas, recognized for his "love" murals throughout the world, welcomes you to this home that showcases sophisticated details throughout. Step through the front gate & be welcomed into a lush outdoor oasis before setting foot inside this incredible 3 bed 4 bath home. The natural palate & attention to detail throughout is impeccable. A courtyard featuring a shimmering pool & spa serve as the centerpiece of this home, creating an atmosphere of privacy & serenity. The corner pocket doors that wrap around the interior courtyard seamlessly blend the outdoors with the bright, open floor plan interior. This smart home is on control 4, Nest & Ring Security.
  • Lease Terms: 1+Year
  • Living Area: 4017
  • Lot Acreage: 0.1050
  • Property Condition: New Construction
  • Stories: 2
  • Year Built: 2021
  • Number Of Photos: 31
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Interior Amenities: Wet Bar
  • Fireplace Rooms: Living Room
  • Flooring: Wood
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Bedroom Features: All Bedrooms Up
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Shower, Double Vanity(s), Linen Closet, Shower and Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Kitchen Features: Marble Counters, Pantry, Gourmet Kitchen
  • Laundry: Inside, In Unit
  • Total Bathrooms: 4.00
  • Den: 1
  • Equipment: Dishwasher, Dryer, Alarm System, Freezer, Garbage Disposal, Washer, Refrigerator, Range/Oven, Barbeque
  • Fireplace: Yes
  • Price Per S Q F T: 5.60

Exterior Features

  • Other Features: Balcony, Sliding Glass Doors, Sprinkler System, Energy Efficient, High Ceilings (9 Feet+), Barbecue Private
  • Patio: Balcony, Enclosed, Deck(s), Roof Top Deck
  • Pool Description: Heated
  • Pool: Yes
  • Spa: Hot Tub, Heated
  • Spa Yn: Yes
  • View: Pool, Tree Top, Panoramic, Ocean, City Lights, City, Mountains
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Private Garage
  • Total Parking: 4

Utilities

  • Water Heater: Tankless
  • Cooling: Central
  • Heating: Central
  • Security: Gated, Exterior Security Lights, Fire Sprinklers

Association/Amenities

  • Pet Rules: Yes

Lot Info

  • Assessor Parcel Number: 4239-013-017
  • Lot Size Area: 4572

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2021
Sold by
Hip Hea Productions Llc
Bought by
700 Brooks Avenue Llc
Current Estimated Value
$4,246,858

Purchase Details

Listed on
May 3, 2018
Closed on
Jun 6, 2018
Sold by
Aguirre Armelia
Bought by
Hip Hea Productions Llc
Seller's Agent
Mark Kitching
Douglas Elliman
Buyer's Agent
Henry Dodge
Henry Dodge Properties, Inc
List Price
$1,495,000
Sold Price
$1,575,000
Premium/Discount to List
$80,000
5.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.79%
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
700 Brooks Avenue Llc $3,675,000 Lawyers Title Company
Hip Hea Productions Llc $1,575,000 Fidelity National Title Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 700 Brooks Avenue Llc $650,000
Open 700 Brooks Avenue Llc $1,600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2022 01/28/22 Rented $22,500 0.0% --
01/20/2022 01/20/22 Price Changed $22,500 -10.0% $6 / Sq Ft
12/10/2021 12/10/21 For Rent $25,000 0.0% --
12/09/2021 12/09/21 Sold $3,675,000 -3.8% $915 / Sq Ft
09/24/2021 09/24/21 Pending -- -- --
08/19/2021 08/19/21 Price Changed $3,819,000 -3.2% $951 / Sq Ft
06/25/2021 06/25/21 For Sale $3,944,000 +150.4% $982 / Sq Ft
06/20/2018 06/20/18 Sold $1,575,000 +5.4% $1,893 / Sq Ft
05/03/2018 05/03/18 For Sale $1,495,000 -- $1,797 / 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 $46,091 $3,899,939 $2,546,899 $1,353,040
2024 $46,091 $3,823,470 $2,496,960 $1,326,510
2023 $45,184 $3,748,500 $2,448,000 $1,300,500
2022 $43,057 $3,675,000 $2,400,000 $1,275,000
2021 $19,672 $1,655,605 $1,324,484 $331,121
2019 $19,078 $1,606,500 $1,285,200 $321,300
2018 $2,588 $209,373 $152,576 $56,797
2016 $2,470 $201,245 $146,652 $54,593
2015 $2,435 $198,223 $144,450 $53,773
2014 $2,451 $194,341 $141,621 $52,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-103203

The MLS

APN: 4239-013-017