NOT LISTED FOR SALE

Estimated Value: $3,528,000 - $6,972,000

3 Beds
3 Baths
2,856 Sq Ft
$1,674/Sq Ft Est. Value

Last Sold October 06, 2015

Last sale price $3,529,000 $1,236 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $30,171/month

Highlights

  • In Ground Pool
  • Fireplace in Primary Bedroom
  • Great Room
  • Broadway Elementary Rated A-
  • Wood Flooring
  • Home Office

About This Home

As of November 2023

Striking Charles Ward Modern Compound in Venice Beach. Common to Brutalist-style architecture featuring block formations and other industrial materials, this incredibly rare property is a dream for aficionados. The heavily landscaped gated entry with 12-foot walls allows ultimate privacy. You're welcomed by a row of concrete pillars guiding you past the lap pool and a huge open hardscape pad for flexible uses. Immediately upon entering, you'll find the living room with fireplace & built-in concrete seating (a staple feature of Ward), tongue & groove ceilings and crafted plaster walls that are prominent throughout the whole home. Each room downstairs opens to the pool area but are intimate settings of their own. Downstairs offers 1- bedroom, 1-bathroom and an office along with a renovated kitchen and dining room. Upstairs boasts 2 primary bedroom suites complete with lounge areas with one of them providing a balcony overlooking the pool. Very unique opportunity in the center of Venice.

Last Agent to Rent the Property

Mark Kitching

Douglas Elliman License #01742148 Listed on: 10/23/2023

Douglas Elliman

Co-Listed By

Charlie Oliveira

Douglas Elliman License #02135818

Last Renter's Agent

Mercedes Akinsanya

Douglas Elliman License #02042217

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $49,499

Year Built

  • Built in 1988

Lot Details

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

Interior Spaces

  • 2,856 Sq Ft Home
  • 2-Story Property
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Home Office
  • Property Views

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Powder Room
  • 3 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 6 Car Garage
  • 6 Open Parking Spaces
  • Private Parking
  • Garage Door Opener
  • Driveway
  • Guest Parking

Outdoor Features

  • In Ground Pool
  • Open Patio

Utilities

  • Central Heating

Listing and Financial Details

  • Security Deposit $28,000
  • Tenant pays for cable TV, electricity
  • 12 Month Lease Term
  • Assessor Parcel Number 4239-003-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$49,499

Year Built

Built in 1988

Lot Details

0

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Lease Option: 1
  • Security Deposit: 28000
  • Tenant Pays: Cable TV, Electricity

Listing Details

  • Property Type: Residential Lease
  • Style: Architectural
  • Single Family Or Apt: Single Family
  • Levels: Two
  • Street Number Display: Yes
  • Lease Terms: 1-Year
  • Living Area: 2856
  • Lot Acreage: 0.1299
  • Monthto Month: No
  • Stories: 2
  • Year Built: 1988
  • Number Of Photos: 23
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Cement, Hardwood
  • Bedrooms: 3
  • Fireplaces: 2
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: In Closet
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Range/Oven, Refrigerator, Washer, Dryer, Dishwasher, Freezer
  • Fireplace: Yes
  • Price Per S Q F T: 4.90

Exterior Features

  • Pool Description: In Ground
  • Pool: Yes
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Other Spaces: 6
  • Parking Garage: Private, Parking for Guests - Onsite, Driveway - Concrete, Door Opener
  • Total Parking: 6

Utilities

  • Heating: Central

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4239-003-004
  • Lot Size Area: 5658

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2015
Closed on
Sep 4, 2015
Sold by
Jaffe Steven Charles and Jaffe Del Carmen
Bought by
Racciatti Thomas M and Racciatti Declaration Thomas M
Seller's Agent
Melanie Sommers
Compass
Buyer's Agent
Mark Kitching
Douglas Elliman
List Price
$3,400,000
Sold Price
$3,529,000
Premium/Discount to List
$129,000
3.79%
Current Estimated Value
$4,780,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,251,246
Avg. Annual Appreciation
2.57%

Purchase Details

Closed on
Jan 25, 2005
Sold by
Robinson Scott E
Bought by
Jaffe Steven Charles and Jaffe Maria Delcarmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$985,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 1998
Sold by
Ward Charles A
Bought by
Robinson Scott E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
7%

Purchase Details

Closed on
Jul 28, 1997
Sold by
Ward Ramey E
Bought by
Ward Charles A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.58%
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
Racciatti Thomas M $3,529,000 Chicago Title Company
Jaffe Steven Charles $1,795,000 Southland Title Corporation
Robinson Scott E $660,000 Southland Title Corporation
Ward Charles A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jaffe Steven Charles $250,000
Previous Owner Jaffe Steven Charles $985,000
Previous Owner Robinson Scott E $550,000
Previous Owner Robinson Scott E $550,000
Previous Owner Robinson Scott E $550,000
Previous Owner Robinson Scott E $528,000
Previous Owner Ward Charles A $400,000
Previous Owner Ward Charles A $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2023 11/03/23 Rented $13,000 -7.1% --
10/23/2023 10/23/23 For Rent $14,000 +16.7% --
08/13/2021 08/13/21 Rented $12,000 0.0% --
08/12/2021 08/12/21 Under Contract -- -- --
08/02/2021 08/02/21 For Rent $12,000 +9.1% --
08/28/2020 08/28/20 Rented $11,000 -8.3% --
07/28/2020 07/28/20 For Rent $12,000 0.0% --
10/06/2015 10/06/15 Sold $3,529,000 +3.8% $1,236 / Sq Ft
08/24/2015 08/24/15 Pending -- -- --
08/21/2015 08/21/15 For Sale $3,400,000 -- $1,190 / 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 $49,499 $4,177,614 $2,367,592 $1,810,022
2024 $49,499 $4,095,701 $2,321,169 $1,774,532
2023 $48,528 $4,015,394 $2,275,656 $1,739,738
2022 $46,247 $3,936,662 $2,231,036 $1,705,626
2021 $45,697 $3,859,474 $2,187,291 $1,672,183
2019 $44,313 $3,745,002 $2,122,416 $1,622,586
2018 $44,201 $3,671,571 $2,080,800 $1,590,771
2016 $42,305 $3,529,000 $2,000,000 $1,529,000
2015 $24,977 $2,081,852 $1,623,731 $458,121
2014 $25,046 $2,041,073 $1,591,925 $449,148
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-324084

The MLS

APN: 4239-003-004