NOT LISTED FOR SALE

717 7th Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $2,166,000 - $2,529,000

2 Beds
2 Baths
1,134 Sq Ft
$2,026/Sq Ft Est. Value

Last Sold April 09, 2015

Last sale price $1,357,000 $1,197 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $14,001/month

17 Days on Market

Highlights

  • Built-In Features
  • Broadway Elementary Rated A-
  • 1-Story Property

About This Home

As of April 2015

Imagine 2 delightful Venice cottages on a corner lot, moments away from Abbot Kinney, Rose & Venice Beach. These private one bedroom casitas are open & airy with gentle ocean breezes, abundant light, hardwood floors and an easy flow onto outdoor decks & large yard spaces. Currently tenant-occupied w/ market rents, this parcel with LARD1.5 zoning works on multiple levels: as a bread and butter investment in Silicon Beach, or a sweet owner-user opportunity or a future potential build. VERY LIMITED SHOWINGS BY APPOINTMENT ONLY.

Last Agent to Sell the Property

Jerry Jaffe

Compass License #01326486 Listed on: 01/20/2015

Compass

Last Buyer's Agent

Emma Russell

LIV Sotheby's International Realty License #01708984

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $30,602

Year Built

  • Built in 1923

Lot Details

  • 3,801 Sq Ft Lot

Interior Spaces

  • 1,134 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Driveway

Utilities

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

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 4239-003-024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$30,602

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1134
  • Stories: 1
  • Year Built: 1923
  • Number Of Photos: 22
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 2
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Gas Or Electric Dryer Hookup, Washer
  • Price Per S Q F T: 1053.79

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 3

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall
  • Water Expense: 1000.00

Fee Information

  • Insurance Expense: 1291.00
  • Maintenance Expense: 2500.00

Lot Info

  • Assessor Parcel Number: 4239-003-024
  • Geocode Override: No
  • Lot Size Area: 3801

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: 1 BR
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2019
Sold by
Moscone Linda and Syufy Family Year 2006 Trust
Bought by
717 Venice Llc
Current Estimated Value
$2,091,408

Purchase Details

Closed on
Mar 27, 2017
Sold by
Collins Johanna C and Richards Adam N
Bought by
Steuer Alan and Smiley Stafford

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 20, 2015
Closed on
Mar 10, 2015
Sold by
Kleimo Cameron
Bought by
Kleimo August M
Seller's Agent
Jerry Jaffe
Compass
Buyer's Agent
Emma Russell
LIV Sotheby's International Realty
List Price
$1,195,000
Sold Price
$1,357,000
Premium/Discount to List
$162,000
13.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.71%
Original Mortgage
$1,017,750
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 20, 2015
Closed on
Mar 1, 2015
Sold by
Kleimo August M
Bought by
Collins Johanna C and Richards Adam N
Seller's Agent
Jerry Jaffe
Compass
Buyer's Agent
Emma Russell
LIV Sotheby's International Realty
List Price
$1,195,000
Sold Price
$1,357,000
Premium/Discount to List
$162,000
13.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,017,750
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 14, 2012
Sold by
Kleimo Cameron
Bought by
Kleimo August M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$662,650
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2004
Sold by
Mashayekhi Amir
Bought by
Kleimo August

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
5.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 1996
Sold by
Leverton Susan Cutler
Bought by
Mashayekhi Amir

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
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
717 Venice Llc -- None Available
Moscone Linda -- None Available
Steuer Alan $2,225,000 Lawyers Title Company
Kleimo August M -- Lawyers Title
Collins Johanna C $1,357,000 Lawyers Title
Kleimo August M -- First American Title Insuran
Kleimo August $665,000 Southland Title Corporation
Mashayekhi Amir -- Stewart Title
Mashayekhi Amir -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Steuer Alan $1,000,000
Previous Owner Collins Johanna C $1,017,750
Previous Owner Kleimo August M $662,650
Previous Owner Kleimo August $654,000
Previous Owner Kleimo August $74,000
Previous Owner Kleimo August $400,000
Previous Owner Mashayekhi Amir $357,500
Previous Owner Mashayekhi Amir $96,000
Closed Kleimo August $231,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2015 04/09/15 Sold $1,357,000 +13.6% $1,197 / Sq Ft
02/06/2015 02/06/15 Pending -- -- --
01/20/2015 01/20/15 For Sale $1,195,000 -- $1,054 / 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 $30,602 $2,582,297 $2,089,052 $493,245
2024 $30,602 $2,531,665 $2,048,091 $483,574
2023 $30,003 $2,482,026 $2,007,933 $474,093
2022 $28,594 $2,433,360 $1,968,562 $464,798
2021 $28,258 $2,385,648 $1,929,963 $455,685
2020 $28,557 $2,361,187 $1,910,174 $451,013
2019 $27,403 $2,314,890 $1,872,720 $442,170
2018 $27,325 $2,269,500 $1,836,000 $433,500
2016 $16,584 $1,377,694 $1,116,775 $260,919
2015 $9,274 $771,268 $620,495 $150,773
2014 $9,310 $756,161 $608,341 $147,820
Source: Public Records

Agents Affiliated with this Home

  • Jerry Jaffe

    Seller's Agent in 2015

    Jerry Jaffe

    Compass

    (310) 403-4925

    21 in this area

    45 Total Sales

    Section Image
  • Emma Russell

    Buyer's Agent in 2015

    Emma Russell

    LIV Sotheby's International Realty

    (310) 913-8120

    26 in this area

    77 Total Sales

    Section Image

  • R

    Buyer's Agent in 2015

    Rachael Mary Petersen

    Halton Pardee and Partners, Inc.

  • Tamra Pardee

    Buyer Co-Listing Agent in 2015

    Tamra Pardee

    Pardee Properties

    (310) 907-6517

    263 in this area

    946 Total Sales

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Map

Source: The MLS

MLS Number: 15-822797

The MLS

APN: 4239-003-024

California Los Angeles County Venice 90291 Venice

717 7th Ave, Venice, CA

This home is located at 717 7th Ave, Venice, CA 90291 since 20 January 2015 and is currently estimated at $2,297,254, approximately $2,025 per square foot. This property was built in 1923. 717 7th Ave is a home located in Los Angeles County with nearby schools including Broadway Elementary, Westminster Avenue Elementary School, and Mark Twain Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 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.
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