NOT LISTED FOR SALE

700 Main St Unit 25 Venice, CA 90291

Venice Neighborhood

Estimated Value: $2,183,000 - $3,525,000

2 Beds
2 Baths
2,471 Sq Ft
$525/ mo HOA Fee

Last Sold September 29, 2017

Last sale price $2,300,000 $931 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $17,205/month

159 Days on Market

Highlights

  • Ocean View
  • Auto Driveway Gate
  • Wood Flooring
  • Venice High School Rated A
  • 26,075 Sq Ft lot
  • Modern Architecture

About This Home

As of September 2017

Just north of Abbot Kinney on Main Street, south of Rose Ave and steps to Venice Beach... this location is as good as it gets. Every detail was thoughtfully considered...Modern Architectural, sun soaked open plan, high ceilings, floor to ceiling glass, carrara marble bathrooms, polished concrete and white oak floors. 2 dedicated parking spaces with ample storage and secured bike room in a gated pin-secured covered garage. Elevator and private entrance. Add'l Beach Impact Zone (BIZ) parking is available for purchase. Reclaimed wood staircase leads up to rooftop deck (an ocean peek or snowy Angeles crest easterly view). Ideal place for working, entertaining guest(s) or LA living. Currently commanding between $13,000 and $15,000 p/mo. in short term rental income. Zoned live/work. "Must see" is overused. Here it's an understatement.

Last Agent to Sell the Property

John (Andy) McMullen

John A. McMullen License #01260378 Listed on: 01/01/2017

Last Buyer's Agent

John (Andy) McMullen

John A. McMullen License #01260378 Listed on: 01/01/2017

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2008

Lot Details

  • Gated Home

HOA Fees

  • $525 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Auto Driveway Gate
  • Guest Parking
  • On-Street Parking
  • Assigned Parking
  • Controlled Entrance

Property Views

  • Ocean
  • Marina
  • Panoramic
  • Views of a landmark
  • Mountain
  • Valley

Home Design

  • Modern Architecture
  • Entry on the 3rd floor

Interior Spaces

  • 2,471 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace
  • Great Room
  • Family Room
  • Den

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone
  • Concrete

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Powder Room
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer

Utilities

  • Air Conditioning
  • Central Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4286-009-124

Community Details

Overview

  • 35 Units

Pet Policy

  • Pets Allowed

Amenities

  • Elevator

Property Details

Home Type

Condominium

Year Built

Built in 2008

Lot Details

0.6 Acres

HOA Fees

$525 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Modern
  • Street Number Display: Yes
  • Complex Name: Dogtown Station
  • Entry Floor: 3
  • Living Area: 2471
  • Planned Urban Dev: 0
  • Stories: 3
  • Year Built: 2008
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas
  • Flooring: Stained Concrete, Stone, Stone Tile, Wood
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Closet, In Unit
  • Total Bathrooms: 2.00
  • Equipment: Cable, Dishwasher, Dryer, Elevator, Freezer, Garbage Disposal, Gas Dryer Hookup, Gas Or Electric Dryer Hookup, Microwave, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 978.96

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Landmark, Marina, Mountains, Ocean, Panoramic, Valley
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Covered Parking: 2
  • Parking Garage: Assigned, Controlled Entrance, Driveway Gate, Gated, Gated Underground, On street, Parking for Guests, Parking for Guests - Onsite, Private, Private Garage

Utilities

  • Cooling: Air Conditioning
  • Heating: Central, Fireplace
  • Security: Gated

Association/Amenities

  • Amenities: Elevator, Gated Parking, Guest Parking
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 525.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4286-009-124
  • Geocode Override: No
  • Lot Size Area: 26075

Multi Family

  • Number Of Units: 35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2017
Closed on
Aug 31, 2017
Sold by
Woolley Benjamin and Sanchez Lupe M
Bought by
Dogtown Main St Llc
Seller's Agent
John (Andy) McMullen
John A. McMullen
Buyer's Agent
John (Andy) McMullen
John A. McMullen
List Price
$2,419,000
Sold Price
$2,300,000
Premium/Discount to List
-$119,000
-4.92%
Current Estimated Value
$2,671,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,084
Avg. Annual Appreciation
1.78%
Original Mortgage
$1,495,000
Outstanding Balance
$1,187,159
Interest Rate
2.2%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,483,925

Purchase Details

Closed on
Jun 20, 2014
Sold by
Rad Venice Llc
Bought by
Sanchez Lupe and Wooley Ben

Purchase Details

Closed on
Feb 25, 2010
Sold by
Dogtown Station Llc
Bought by
Woolley Benjamin and Sanchez Lupe M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$910,000
Interest Rate
5.12%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dogtown Main St Llc $2,300,000 First American Title Company
Sanchez Lupe -- None Available
Woolley Benjamin $1,400,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dogtown Main St Llc $1,495,000
Previous Owner Woolley Benjamin $910,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2017 09/29/17 Sold $2,300,000 -4.9% $931 / Sq Ft
05/20/2017 05/20/17 For Sale $2,419,000 0.0% $979 / Sq Ft
05/20/2017 05/20/17 Price Changed $2,419,000 +5.2% $979 / Sq Ft
04/28/2017 04/28/17 Off Market $2,300,000 -- --
01/01/2017 01/01/17 For Sale $2,498,000 -- $1,011 / Sq Ft
Source: The MLS

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 $31,559 $2,617,004 $2,048,091 $568,913
2024 $31,559 $2,565,691 $2,007,933 $557,758
2023 $30,928 $2,515,384 $1,968,562 $546,822
2022 $29,499 $2,466,063 $1,929,963 $536,100
2021 $29,149 $2,417,710 $1,892,121 $525,589
2019 $28,282 $2,346,000 $1,836,000 $510,000
2018 $28,196 $2,300,000 $1,800,000 $500,000
2016 $18,337 $1,526,569 $1,090,407 $436,162
2015 $18,066 $1,503,640 $1,074,029 $429,611
2014 $18,119 $1,474,187 $1,052,991 $421,196
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-189602

The MLS

APN: 4286-009-124

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