$1,810,389
SOLD OCT 2, 2024
3 Beds
2 Baths
1,495 Sq Ft
5,124 Sq Ft Lot

Recently Sold

$1,211 Per Sq Ft

18% Below List Price

162 Days on Market

Highlights

  • Detached Guest House
  • Spa
  • Open Floorplan
  • Broadway Elementary Rated A-
  • City View
  • Deck

About This Home

As of October 2024

Step into the serene compound oasis in Venice Beach, a tranquil haven sprawled across a generous 5,100+ square foot lot. (More than twice as large as most typical Venice lots) The charming front house boasts 2 bedrooms and 1 bathroom, providing approximately 850 square feet of welcoming living space in a vaulted living room. As you step into the backyard, you're embraced by fully matured trees that set the stage for relaxation, recreation, and gatherings with family and friends, around a built-in BBQ, fire pit, trellised arbor, and a Jacuzzi. Separated by a landscaped privacy screen, the versatile back flex space is a hidden gem, featuring a kitchen, a loft space/bedroom designed for peaceful slumber, and a bathroom offering approximately 650 square feet of thoughtfully designed light-filled high ceiling space. Whether hosting guests or seeking solace, this retreat provides the perfect balance of functionality and privacy. Immerse yourself in the tranquility of the surroundings and appreciate the meticulous design that defines this property as a distinctive gem in the heart of Venice Beach, where outdoor landscaped space is the ultimate in luxury. Located mere moments away from Abbot Kinney, Lincoln Blvd, Rose Ave, walk to Gjusta and the beach, you'll have easy access to all that Venice has to offer from eclectic shops and vibrant eateries to the sun-kissed shores of the Pacific. Embrace the Venice lifestyle and make this serene oasis your coastal sanctuary.

Last Agent to Sell the Property

Paige Ogden

Pardee Properties License #02060052 Listed on: 04/11/2024

Last Buyer's Agent

Bryan McElroy

Sotheby's International Realty License #01232096

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,947

Year Built

  • Built in 1947

Lot Details

  • 5,124 Sq Ft Lot
  • Wood Fence
  • Landscaped
  • Lawn
  • Front Yard
  • Property is zoned LARD1.5

Home Design

  • Cottage
  • Turnkey

Interior Spaces

  • 1,495 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Beamed Ceilings
  • High Ceiling
  • French Doors
  • Living Room
  • Dining Area
  • Den
  • Wood Flooring
  • City Views

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • <<OvenToken>>
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • <<tubWithShowerToken>>

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Covered Parking

Outdoor Features

  • Spa
  • Deck
  • Enclosed patio or porch

Utilities

  • Central Heating
  • Sewer in Street

Additional Features

  • Detached Guest House
  • City Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4240-016-033

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,947

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Cottage
  • Levels: One
  • Street Number Display: Yes
  • Entry Location: Ground Level w/steps
  • Living Area: 1495
  • Probate: No
  • Stories: 1
  • Year Built: 1947
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Beamed Ceiling(s), Drywall Walls, Living Room Balcony, Open Floor Plan, High Ceilings (9 Feet+), Turnkey
  • Flooring: Hardwood, Mixed
  • Appliances: Oven, Microwave
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Over Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Nook
  • Kitchen Features: Counter Top, Open to Family Room
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Den: 1
  • Equipment: Built-Ins, Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 1249.50
  • Windows: French Windows

Exterior Features

  • Other Features: High Ceilings (9 Feet+), French Doors
  • Other Structures: GuestHouse
  • Fence: Wood
  • Guest House: Detached
  • Patio: Deck(s), Wood
  • Pool: No
  • Spa: Hot Tub
  • Spa Yn: Yes
  • View: City
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Covered Parking
  • Total Parking: 2

Utilities

  • Heating: Central
  • Security: Smoke Detector, Carbon Monoxide Detector(s)
  • Sewer: In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4240-016-033
  • Lot Description: Fenced, Lawn, Landscaped, Front Yard, Yard
  • Lot Location: City
  • Lot Size Area: 5124

Rental Info

  • Land Lease Purchase Yn: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2024
Closed on
Sep 9, 2024
Sold by
831 Llc
Bought by
Dorfman Zylstra Family Trust and Dorfman
Seller's Agent
Paige Ogden
Pardee Properties
Buyer's Agent
Bryan McElroy
Sotheby's International Realty
List Price
$2,200,000
Sold Price
$1,810,389
Premium/Discount to List
-$389,611
-17.71%
Views
928
Current Estimated Value
$1,845,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,290
Avg. Annual Appreciation
2.51%
Original Mortgage
$1,396,000
Outstanding Balance
$1,384,855
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$460,824

Purchase Details

Closed on
Dec 14, 2017
Sold by
Hertz David and Doss Laura
Bought by
831 Llc

Purchase Details

Closed on
Aug 3, 2017
Sold by
831 Llc
Bought by
Hertz David and Doss Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$829,500
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2016
Sold by
Hertz David and Doss Laura
Bought by
831 Llc

Purchase Details

Listed on
May 19, 2015
Closed on
Jun 12, 2015
Sold by
Burch Bryan Albert and Wensel Mark David
Bought by
Hertz David and Doss Laura
Seller's Agent
Paul Kellogg
Coldwell Banker Realty
Buyer's Agent
Tamra Pardee
Pardee Properties
List Price
$1,299,000
Sold Price
$1,558,000
Premium/Discount to List
$259,000
19.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.71%
Original Mortgage
$850,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 21, 2012
Sold by
Burch Bryan Albert
Bought by
Burch Bryan Albert and Wensel Mark David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,250
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2008
Sold by
Burch Bryan Albert and Worch Bryan A Burch
Bought by
Burch Bryan Albert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 1995
Sold by
Barcelona Victoria
Bought by
Bunge Jose
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,810,500 Fidelity Title
Quit Claim Deed -- Orange Coast Title
Grant Deed -- Chicago Title
Quit Claim Deed -- None Available
Grant Deed $1,558,000 Equity Title Los Angeles
Interfamily Deed Transfer -- Equity Title Orange County-I
Interfamily Deed Transfer -- Investors Title Company
Interfamily Deed Transfer -- Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $86,500 Small Business Administration
Open $1,396,000 New Conventional
Previous Owner $806,000 New Conventional
Previous Owner $829,500 New Conventional
Previous Owner $850,000 Adjustable Rate Mortgage/ARM
Previous Owner $371,250 New Conventional
Previous Owner $400,000 New Conventional
Previous Owner $95,000 Stand Alone Second
Previous Owner $147,200 Credit Line Revolving
Previous Owner $310,000 Unknown
Previous Owner $50,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2024 10/02/24 Sold $1,810,389 -3.1% $1,211 / Sq Ft
09/20/2024 09/20/24 Pending -- -- --
06/17/2024 06/17/24 Price Changed $1,868,000 -5.4% $1,249 / Sq Ft
05/16/2024 05/16/24 Price Changed $1,975,000 -10.2% $1,321 / Sq Ft
04/11/2024 04/11/24 For Sale $2,200,000 0.0% $1,472 / Sq Ft
07/02/2020 07/02/20 Rented $5,000 -9.1% --
05/06/2020 05/06/20 For Rent $5,500 0.0% --
07/23/2015 07/23/15 Sold $1,558,000 +19.9% $2,029 / Sq Ft
06/05/2015 06/05/15 Pending -- -- --
05/19/2015 05/19/15 For Sale $1,299,000 -- $1,691 / 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
2024 $17,947 $1,477,955 $607,635 $870,320
2023 $17,599 $1,448,976 $595,721 $853,255
2022 $16,777 $1,420,566 $584,041 $836,525
2021 $16,579 $1,392,713 $572,590 $820,123
2019 $16,079 $1,351,406 $555,607 $795,799
2018 $19,550 $1,620,942 $1,296,754 $324,188
2016 $18,721 $1,558,000 $1,246,400 $311,600
2015 $3,604 $289,617 $231,700 $57,917
2014 -- $283,945 $227,162 $56,783
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-378047

The MLS

APN: 4240-016-033