NOT LISTED FOR SALE

702 Rose Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $2,526,000 - $2,845,849

2 Beds
1 Bath
1,140 Sq Ft
$2,376/Sq Ft Est. Value

Sale Details

Date Sold: August 1, 2022

Last sale price $2,700,000 $2,368 Per Sq Ft

Current estimated payment $17,362 / mo

159 Days on Market

Highlights

  • Den with Fireplace
  • Wood Flooring
  • Tile Countertops
  • Broadway Elementary Rated A
  • Corner Lot
  • 4-minute walk to Ozone Park

About This Home

As of August 2022

Unique investment opportunity. Large double lot on Rose C2 zoned. Vacant existing single family home with attractive parking lease in place to Amazons Whole Foods. Current Monthly income $9,625. Great covered ground play! Collect rent on both the parking lot and the house while you plan for a future development. Excess Land around the single family home is leased to Amazon's Whole Foods for employee parking.

Last Agent to Sell the Property

Daniel Pickart

Newmark Estates License #01914551 Listed on: 02/01/2022

Last Buyer's Agent

Daniel Pickart

Newmark Estates License #01914551 Listed on: 02/01/2022

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1924

Lot Details

  • 7,365 Sq Ft Lot
  • North Facing Home
  • Corner Lot
  • Property is zoned LAC2

Parking

  • Driveway

Home Design

  • Bungalow
  • Fixer Upper
  • Raised Foundation
  • Frame Construction
  • Asphalt Roof
  • Wood Siding
  • Redwood Siding

Interior Spaces

  • 1,140 Sq Ft Home
  • 1-Story Property
  • Den with Fireplace
  • Tile Countertops

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Gas Water Heater

Listing and Financial Details

  • The owner pays for gardener
  • Assessor Parcel Number 4240-018-041

Home Details

Home Type

Single Family

Year Built

Built in 1924

Lot Details

7,365 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Style: California Bungalow
  • Levels: One
  • Street Number Display: Yes
  • ADA Compliant: No
  • Additional Assessor Parcel Numbers: No
  • Alley: Yes
  • Building Permit: Yes
  • Entry Location: Ground Level w/steps
  • Living Area: 1140
  • Lot Acreage: 0.1691
  • Probate: No
  • Property Condition: Fixer
  • Year Built: 1924
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplace Rooms: Den
  • Flooring: Hardwood, Linoleum
  • Bedrooms: 2
  • Common Walls: Detached/No Common Walls
  • Kitchen Features: Tile Counters
  • Total Bathrooms: 1.00
  • Price Per S Q F T: 2500.00

Exterior Features

  • Direction Faces: North
  • Construction: Frame, Redwood Siding, Wood Siding
  • Other Structures: None
  • Tennis Court Y/N: No
  • Foundation Details: Raised
  • Paved: Yes
  • Pool: No
  • Roof: Asphalt
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway - Combination

Utilities

  • Water Heater: Gas
  • Water Heaters: Yes

Lot Info

  • Additions Alterations: No
  • Assessed Improvement Percent: 6.44
  • Assessed Improvement Value: 41779
  • Assessed Land Percent: 93.56
  • Assessed Land Value: 606784
  • Total Assessed Value: 648563
  • Assessor Parcel Number: 4240-018-041
  • Lot Description: 2-4 Lots
  • Lot Location: Alley Access, Corner Lot
  • Lot Size Area: 7365

Rental Info

  • Total Actual Rent: 115500.00
  • Owner Pays: Gardener
  • Rent Control: No

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 24.00
  • Number Of Units: 1
  • Type Of Units: 1
  • Vacancy Allow: 5000
  • Vacancy Allow Percent: 100.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2023
Sold by
Bought by
Current Estimated Value
$2,708,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Outstanding Balance
$3,915,588
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
-$1,206,626

Purchase Details

Listed on
Feb 1, 2022
Closed on
Aug 23, 2022
Sold by
Bought by
Seller's Agent
Daniel Pickart
Newmark Estates
Buyer's Agent
Daniel Pickart
Newmark Estates
List Price
$2,850,000
Sold Price
$2,700,000
Premium/Discount to List
-$150,000
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.08%

Purchase Details

Listed on
Feb 1, 2022
Closed on
Aug 10, 2022
Sold by
Bought by
Seller's Agent
Daniel Pickart
Newmark Estates
Buyer's Agent
Daniel Pickart
Newmark Estates
List Price
$2,850,000
Sold Price
$2,700,000
Premium/Discount to List
-$150,000
-5.26%

Purchase Details

Listed on
Feb 1, 2022
Closed on
Jul 26, 2022
Sold by
Bought by
Seller's Agent
Daniel Pickart
Newmark Estates
Buyer's Agent
Daniel Pickart
Newmark Estates
List Price
$2,850,000
Sold Price
$2,700,000
Premium/Discount to List
-$150,000
-5.26%

Purchase Details

Closed on
Jan 3, 2017
Sold by
Bought by

Purchase Details

Closed on
Nov 20, 2000
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- None Listed On Document
-- Chicago Title
$2,700,000 Chicago Title
-- None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $4,000,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/01/2022 08/01/22 Sold $2,700,000 -5.3% $2,368 / Sq Ft
02/01/2022 02/01/22 For Sale $2,850,000 -- $2,500 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $33,790 $2,809,080 $2,601,000 $208,080
2024 $33,429 $2,754,000 $2,550,000 $204,000
2023 $32,777 $2,700,000 $2,500,000 $200,000
2022 $8,103 $661,533 $618,919 $42,614
2021 $8,003 $648,563 $606,784 $41,779
2019 $7,886 $639,242 $588,788 $50,454
2018 $62,499 $5,202,000 $5,100,000 $102,000
2016 $7,443 $602,376 $554,830 $47,546
2015 $7,336 $593,328 $546,496 $46,832
2014 $7,367 $581,706 $535,791 $45,915
Source: Public Records

Agents Affiliated with this Home

  • Daniel Pickart

    Seller's Agent in 2022

    Daniel Pickart

    Newmark Estates

    (310) 407-6515

    1 in this area

    7 Total Sales

    Daniel Pickart
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Map

Source: The MLS

MLS Number: 22-129517

The MLS

APN: 4240-018-041

California Los Angeles County Venice 90291 Venice

702 Rose Ave, Venice, CA

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The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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