NOT LISTED FOR SALE

Estimated Value: $2,277,000 - $2,511,000

3 Beds
2.5 Baths
2,490 Sq Ft
$979/Sq Ft Est. Value

Last Sold March 30, 2022

Last sale price $2,555,000 $1,026 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $15,968/month

8 Days on Market

Highlights

  • Rooftop Deck
  • Primary Bedroom Suite
  • Wood Flooring
  • Broadway Elementary Rated A-
  • Atrium Room
  • Corner Lot

About This Home

As of March 2022

A one-of-a-kind architectural project by artists Nancy Monk and Randy West, this 3-story Venice Beach townhouse blends stunning design elements with highly desired modern features for a unique home that truly wows. The bold exterior colors paired with cool modern tones create an atmosphere that embodies the culture and creativity of Venice. Artistically angled walls and vast windows, combined with oversized skylights, allow light to flood in throughout the day creating a bright, warm, and welcoming space. While the center island and cool quartz countertops of the kitchen create a gathering spot inside, it's the connected interior courtyard with floor to ceiling glass walls that open to create the ultimate indoor-outdoor space for hosting and entertaining. The courtyard draws the outdoors in while inviting cool breezes into the living space and allowing for privacy for residents. Separated from the entertaining spaces are two bedrooms, each with their own private balconies and unique accent walls, along with a full bathroom and a half bath for guests. Ascend the staircase to find a primary suite with two private balconies, an architecturally unique skylight, and a large walk-in closet. Spanning half of the top floor you'll find an oversized private rooftop built to maximize the views of nearby palm trees, with a glimpse of snow capped mountains in the distance. Positioned for daytime sun and evening sunsets, the rooftop is perfect for unobstructed fireworks shows, ping-pong tournaments, outdoor dinner parties, movie nights, and creating memories you'll never forget. A private 2-car garage with direct access and an adjacent parking lot provide ample guest parking. The home design and layout create a sense of privacy and exclusivity, yet one of the most noteworthy aspects is its proximity to Abbot Kinney. You'll shop at Erewhon, dine at Tasting Kitchen, work from Zinque, get your morning coffee at Blue Bottle and ride your bike to the beach anytime you'd like! This is the ultimate space to feel and live like a Venice local.

Last Agent to Sell the Property

Jessica Miller

Coldwell Banker Realty License #01906205 Listed on: 02/17/2022

Coldwell Banker Realty

Last Buyer's Agent

Selene Lum

Keller Williams Sierra Madre License #01829069

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $32,166

Year Built

  • Built in 2017 | Remodeled

Lot Details

  • 8,153

Parking

  • 2 Car Direct Access Garage
  • Guest Parking

Home Design

  • Split Level Home
  • Flat Roof Shape
  • Shingle Roof
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 2,490 Sq Ft Home
  • 3-Story Property
  • Skylights
  • Custom Window Coverings
  • Entryway
  • Living Room
  • Dining Area
  • Atrium Room
  • Alarm System
  • Property Views

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Double Vanity
  • Bathtub with Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Open Patio

Additional Features

  • 8,153 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4241-028-023

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include building and grounds
  • 4 Units

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$32,166

Year Built

Built in 2017 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Style: Architectural
  • Levels: Three Or More
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: Venice Wedge HOA
  • Entry Floor: 1
  • Entry Location: Ground Level w/steps
  • Living Area: 2490
  • Lot Acreage: 0.1871
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 3
  • Unit Floor In Building: 1
  • Year Built: 2017
  • Number Of Photos: 52
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Cement
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Bedroom Features: Master Suite, WalkInCloset
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower and Tub, Double Vanity(s), Shower Over Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Island, Quartz Counters
  • Laundry: In Closet
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Freezer, Refrigerator, Washer, Range/Oven, Alarm System
  • Price Per S Q F T: 961.85
  • Windows: Skylights, Custom Window Covering

Exterior Features

  • Construction: Cement Board
  • Other Features: Balcony, Custom Built
  • Tennis Court Y/N: No
  • Patio: Roof Top Deck, Balcony
  • Pool: No
  • Roof: Composition, Flat, Shingle
  • Spa Yn: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Direct Entrance, Garage Is Attached, Parking for Guests - Onsite
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Earth Quake Ins: 0
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Prewired for alarm system, Fire Sprinklers
  • Water: Public

Condo/Co-op/Association

  • Association Fees Include: Building and Grounds
  • HOA: Yes

Association/Amenities

  • Pet Rules: Assoc Pet Rules, Yes

Schools

  • School District: Los Angeles Unified

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4241-028-023
  • Lot Location: Corner Lot
  • Lot Size Area: 8153

Rental Info

  • Land Lease Purchase Yn: No

Multi Family

  • Number Of Units: 4

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2022
Closed on
Mar 15, 2022
Sold by
John Tourtellotte Christopher and Bli Baji
Bought by
Zeng Zhaoxi and Su Yanling
Seller's Agent
Jessica Miller
Coldwell Banker Realty
Buyer's Agent
Selene Lum
Keller Williams Sierra Madre
List Price
$2,395,000
Sold Price
$2,555,000
Premium/Discount to List
$160,000
6.68%
Current Estimated Value
$2,426,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$128,209
Avg. Annual Appreciation
-1.37%
Original Mortgage
$1,123,000
Outstanding Balance
$1,065,671
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$1,373,236

Purchase Details

Listed on
Feb 17, 2022
Closed on
Mar 9, 2022
Sold by
Wei
Bought by
Zeng Zhaoxi
Seller's Agent
Jessica Miller
Coldwell Banker Realty
Buyer's Agent
Selene Lum
Keller Williams Sierra Madre
List Price
$2,395,000
Sold Price
$2,555,000
Premium/Discount to List
$160,000
6.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,123,000
Outstanding Balance
$1,065,671
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$1,373,236

Purchase Details

Listed on
Feb 17, 2022
Closed on
Mar 7, 2022
Sold by
Dequan Zeng
Bought by
Su Yanling
Seller's Agent
Jessica Miller
Coldwell Banker Realty
Buyer's Agent
Selene Lum
Keller Williams Sierra Madre
List Price
$2,395,000
Sold Price
$2,555,000
Premium/Discount to List
$160,000
6.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,123,000
Outstanding Balance
$1,065,671
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$1,373,236

Purchase Details

Listed on
Oct 22, 2017
Closed on
Dec 19, 2017
Sold by
715 721 Venice Boulevard Llc
Bought by
Tourtellotte Christopher John and Illuminati Baji Bliss
Seller's Agent
Kerry Ann Sullivan
Pardee Properties
Buyer's Agent
Jessica Miller
Coldwell Banker Realty
List Price
$2,370,000
Sold Price
$2,370,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.78%
Original Mortgage
$1,896,000
Interest Rate
3.95%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Zeng Zhaoxi $2,555,000 Equity Title
Zeng Zhaoxi -- Equity Title
Su Yanling -- Equity Title
Tourtellotte Christopher John $2,370,000 Fidelity National Title Grou
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zeng Zhaoxi $1,123,000
Previous Owner Tourtellotte John $1,794,726
Previous Owner Tourtellotte Christopher John $1,863,000
Previous Owner Tourtellotte Christopher John $1,896,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2022 03/30/22 Sold $2,555,000 +6.7% $1,026 / Sq Ft
02/25/2022 02/25/22 Pending -- -- --
02/17/2022 02/17/22 For Sale $2,395,000 +1.1% $962 / Sq Ft
12/28/2017 12/28/17 Sold $2,370,000 0.0% $1,003 / Sq Ft
10/30/2017 10/30/17 Pending -- -- --
10/22/2017 10/22/17 For Sale $2,370,000 -- $1,003 / 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 $32,166 $2,711,384 $1,327,252 $1,384,132
2024 $32,166 $2,658,221 $1,301,228 $1,356,993
2023 $31,537 $2,606,100 $1,275,714 $1,330,386
2022 $29,813 $2,541,117 $611,154 $1,929,963
2021 $29,451 $2,491,292 $599,171 $1,892,121
2019 $28,574 $2,417,400 $581,400 $1,836,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-128101

The MLS

APN: 4241-028-023