NOT LISTED FOR SALE

705 Sunset Ave Unit Back Unit Venice, CA 90291

Venice Neighborhood

Estimated Value: $3,486,000 - $3,580,000

1 Bed
1 Bath
363 Sq Ft
$9,759/Sq Ft Est. Value

Highlights

  • Wood Flooring
  • Living Room
  • Laundry closet
  • Broadway Elementary Rated A-
  • Bungalow
  • 1-Story Property

About This Home

As of December 2023

Located in the heart of Venice Beach, this rare rental offering features private outdoor patio, separate entrance just for this unit, air conditioning, in-unit laundry and parking. This premier location has all the benefits of being just moments from the beach, Venice Boardwalk, Abbot Kinney, and Rose Avenue. The home is very private with no common walls. *Additional Notes: Air Conditioning; in-unit laundry; private patio with private entry into yard, UNFURNISHED; term: 1-2 years; parking for 1-car onsite.

Last Agent to Rent the Property

Jagger Kroener

Compass License #01984562 Listed on: 12/06/2023

Compass

Last Renter's Agent

Jagger Kroener

Compass License #01984562 Listed on: 12/06/2023

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $52,525

Year Built

  • Built in 1945

Lot Details

  • 5,793 Sq Ft Lot
  • Property is zoned LARD1.5

Home Design

  • Bungalow

Interior Spaces

  • 363 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Wood Flooring
  • Laundry closet

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Assigned Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Security Deposit $7,000
  • Tenant pays for gas, cable TV, electricity, trash collection, insurance
  • 12 Month Lease Term
  • Assessor Parcel Number 4240-017-058

Home Details

Home Type

Single Family

Est. Annual Taxes

$52,525

Year Built

Built in 1945

Lot Details

0

Rental Info

  • Security Deposit: 7000
  • Tenant Pays: Gas, Cable TV, Electricity, Trash Collection, Insurance

Listing Details

  • Property Type: Residential Lease
  • Style: Bungalow
  • Single Family Or Apt: Single Family
  • Levels: One
  • Street Number Display: Yes
  • Advertising Remarks: Located in the heart of Venice Beach, this rare rental offering features private outdoor patio, separate entrance just for this unit, air conditioning, in-unit laundry and parking. This premier location has all the benefits of being just moments from the beach, Venice Boardwalk, Abbot Kinney, and Rose Avenue. The home is very private with no common walls. *Additional Notes: Air Conditioning; in-unit laundry; private patio with private entry into yard, UNFURNISHED; term: 1-2 years; parking for 1-car onsite.
  • Lease Terms: 1+Year
  • Living Area: 363
  • Lot Acreage: 0.1330
  • Stories: 1
  • Year Built: 1945
  • Number Of Photos: 3
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Closet
  • Total Bathrooms: 1.00
  • Den: 0
  • Price Per S Q F T: 11.71

Exterior Features

  • Pool: No
  • View: No

Garage/Parking

  • Other Spaces: 1
  • Parking Garage: Assigned
  • Total Parking: 1

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall

Lot Info

  • Assessor Parcel Number: 4240-017-058
  • Lot Size Area: 5793

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2024
Sold by
Osha Bay Real Estate Llc
Bought by
Mtj-Sunset Llc
Current Estimated Value
$3,540,382

Purchase Details

Closed on
Aug 9, 2019
Sold by
Bianchi Mau Jess and Blanchi Mau Malia
Bought by
Osha Bay Real Estate Llc

Purchase Details

Closed on
Sep 21, 2017
Sold by
Figone John A and Bond James
Bought by
Bianchi Mau Jess and Bianchi Mau Malia

Purchase Details

Closed on
Aug 1, 2005
Sold by
Bond Hazel
Bought by
Figone John A and Bond James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
5.46%
Mortgage Type
Construction

Purchase Details

Closed on
May 1, 2005
Sold by
Figone John A and Bond James
Bought by
Figone John A and Bond James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
4.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 25, 2005
Sold by
Ginnever Jodi and Vernacchio Dorian
Bought by
Figone John A and Bond James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
4.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 2000
Sold by
Ginnever Jodi
Bought by
Ginnever Jodi and Vernacchio Dorian

Purchase Details

Closed on
Nov 11, 1999
Sold by
Gonzales Ray M
Bought by
Ginnever Jodi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
7.95%
Source: Public Records

Range of Values:

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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
Mtj-Sunset Llc $3,500,000 Fidelity National Title
Osha Bay Real Estate Llc -- None Available
Bianchi Mau Jess $3,725,000 None Available
Figone John A -- Ticor Title Co Glendale
Figone John A -- --
Figone John A $1,050,000 Southland Title Company
Ginnever Jodi -- --
Ginnever Jodi $370,000 American Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Figone John A $1,680,000
Previous Owner Figone John A $416,100
Previous Owner Figone John A $208,000
Previous Owner Figone John A $1,292,000
Previous Owner Figone John A $625,000
Previous Owner Figone John A $840,000
Previous Owner Ginnever Jodi $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2023 12/12/23 Rented $4,000 -5.9% --
12/12/2023 12/12/23 Under Contract -- -- --
12/06/2023 12/06/23 For Rent $4,250 -- --
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 $52,525 $3,500,000 $2,200,000 $1,300,000
2024 $52,525 $4,335,982 $2,620,460 $1,715,522
2023 $51,496 $4,250,964 $2,569,079 $1,681,885
2022 $49,081 $4,167,612 $2,518,705 $1,648,907
2021 $48,494 $4,085,895 $2,469,319 $1,616,576
2020 $46,983 $3,875,990 $2,314,890 $1,561,100
2019 $45,089 $3,800,000 $2,269,500 $1,530,500
2018 $44,971 $3,725,500 $2,225,000 $1,500,500
2017 $19,566 $1,604,989 $1,171,017 $433,972
2016 $19,117 $1,573,519 $1,148,056 $425,463
2015 $18,838 $1,549,885 $1,130,812 $419,073
2014 $18,914 $1,519,525 $1,108,661 $410,864
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-339239

The MLS

APN: 4240-017-058