NOT LISTED FOR SALE

706 6th Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $2,886,000 - $3,320,476

5 Beds
3 Baths
2,761 Sq Ft
$1,155/Sq Ft Est. Value

Last Sold September 20, 2021

Last sale price $2,902,000 $1,051 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $19,730/month

31 Days on Market

Highlights

  • Views of Trees
  • Wood Flooring
  • Built-In Features
  • Broadway Elementary Rated A
  • Spanish Architecture
  • Studio bedroom

About This Home

As of September 2021

Lovingly restored 1920s Spanish compound in the heart of Venice. Surrounded by mature bamboo and sharing a generous 5600 sqft lot sits three character-filled units and a large artists studio w/ plans to become a Junior ADU (Unit #4). This private Venice oasis encompasses an exquisite 2+1 (plus den) upper-level unit, a private 1+1 lower level suite, a bright open 1+1 detached guest house, AND a sprawling artists studio with plans to become a Jr ADU. The buyer can take over the permitting process that's already underway w/ architect drawings submitted to the city. Owners and tenants alike can enjoy the expansive and lushly landscaped rear yard along with all the finer character details, from the oversized double-hung wood windows to the original hardwood oak floors. Fit with marble countertops, new appliances, tankless water heaters, and a separate washer/dryer for each unit, this property has it all and in the best part of Venice -- walkable to Abbot Kinney, Rose Ave, and under a mile to the beach! Guesthouse and Artist studio can be delivered vacant at close of escrow.

Last Agent to Sell the Property

Jasmine Comino

Compass License #02035263 Listed on: 06/29/2021

Compass

Co-Listed By

Frankie Levangie

Coldwell Banker Realty License #02063464

Last Buyer's Agent

Tamar Asken

Parasol Realty License #01932133

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1927

Lot Details

  • 5,658 Sq Ft Lot
  • Property is zoned LARD1.5

Property Views

  • Trees
  • Courtyard

Home Design

  • Spanish Architecture
  • Stucco

Interior Spaces

  • 2,761 Sq Ft Home
  • 2-Story Property
  • Built-In Features

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Studio bedroom
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Carport
  • Driveway

Utilities

  • Central Heating
  • Tankless Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 4239-003-002

Home Details

Home Type

Single Family

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Street Number Display: Yes
  • Exclusions: Dining Area Pendant in Back Unit ADU
  • Living Area: 2761
  • Lot Acreage: 0.1299
  • Stories: 2
  • Year Built: 1927
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Cement
  • Bedrooms: 5
  • Common Walls: Detached/No Common Walls
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Equipment: Built-Ins, Dryer, Range/Oven, Washer, Dishwasher
  • Price Per S Q F T: 1084.75

Exterior Features

  • Construction: Stucco
  • Other Structures: Other
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Courtyard, Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway, Carport
  • Total Parking: 2

Utilities

  • Water Heater: Tankless
  • Heating: Central
  • Water: Public

Lot Info

  • Assessed Improvement Percent: 45.83
  • Assessed Improvement Value: 157670
  • Assessed Land Percent: 54.17
  • Assessed Land Value: 186344
  • Total Assessed Value: 344014
  • Assessor Parcel Number: 4239-003-002
  • Lot Size Area: 5658

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Type Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 18, 2020
Sold by
Davis Courtney
Bought by
Shakes Tree Llc
Current Estimated Value
$3,188,869

Purchase Details

Listed on
Feb 13, 2020
Closed on
Mar 3, 2020
Sold by
Stratton Neil A and Wolf Jennifer E
Bought by
Davis Courtney
Seller's Agent
Diana Braun
Compass
Buyer's Agent
Jasmine Comino
Compass
List Price
$2,495,000
Sold Price
$2,495,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.31%
Original Mortgage
$1,746,500
Interest Rate
2.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2014
Sold by
Stratton Neil A
Bought by
Stratton Neil A and Wolf Jennifer E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$993,000
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2003
Sold by
Wolf Jennifer E
Bought by
Stratton Neil A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,200
Interest Rate
4.87%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 16, 1998
Sold by
Lorentz Joseph and Estate Of Virginia Lorentz
Bought by
Stratton Neil A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.61%
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
Shakes Tree Llc -- First American Title
Davis Courtney $2,495,000 First American Title
Stratton Neil A -- Fidelity National Title
Stratton Neil A -- Southland Title
Stratton Neil A $240,000 Progressive Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davis Courtney $1,746,500
Previous Owner Stratton Neil A $993,000
Previous Owner Stratton Neil A $368,200
Previous Owner Stratton Neil A $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/20/2021 09/20/21 Sold $2,902,000 -3.1% $1,051 / Sq Ft
07/30/2021 07/30/21 Pending -- -- --
06/29/2021 06/29/21 For Sale $2,995,000 +20.0% $1,085 / Sq Ft
03/13/2020 03/13/20 Sold $2,495,000 0.0% $1,186 / Sq Ft View Prior Sale
02/15/2020 02/15/20 Pending -- -- --
02/13/2020 02/13/20 For Sale $2,495,000 -- $1,186 / 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 $36,859 $3,079,624 $2,155,313 $924,311
2024 $36,457 $3,019,240 $2,113,052 $906,188
2023 $35,742 $2,960,040 $2,071,620 $888,420
2022 $34,063 $2,902,000 $2,031,000 $871,000
2021 $29,928 $2,520,848 $2,121,756 $399,092
2020 $4,428 $344,014 $186,344 $157,670
2019 $4,260 $337,270 $182,691 $154,579
2018 $4,208 $330,658 $179,109 $151,549
2016 $4,010 $317,820 $172,155 $145,665
2015 $3,954 $313,047 $169,570 $143,477
2014 $3,980 $306,916 $166,249 $140,667
Source: Public Records

Agents Affiliated with this Home

  • Jasmine Comino

    Seller's Agent in 2021

    Jasmine Comino

    Compass

    (424) 341-8001

    17 in this area

    33 Total Sales

    Jasmine Comino
    Section Image

  • F

    Seller Co-Listing Agent in 2021

    Frankie Levangie

    Coldwell Banker Realty

    Section Image
  • Tamar Asken

    Buyer's Agent in 2021

    Tamar Asken

    Parasol Realty

    (310) 801-8292

    2 in this area

    67 Total Sales

    Tamar Asken
    Section Image
  • Diana Braun

    Seller's Agent in 2020

    Diana Braun

    Compass

    (310) 866-5039

    23 in this area

    65 Total Sales

    Diana Braun
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 21-753568

The MLS

APN: 4239-003-002

California Los Angeles County Venice 90291 Venice

706 6th Ave, Venice, CA

Not Listed for Sale

Detached

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