NOT LISTED FOR SALE

Estimated Value: $1,842,021 - $2,413,000

2 Beds
1 Bath
992 Sq Ft
$2,181/Sq Ft Est. Value

Highlights

  • Wood Flooring
  • Spanish Architecture
  • Breakfast Area or Nook
  • Broadway Elementary Rated A
  • 1 Fireplace
  • Double Oven

About This Home

As of September 2020

Enjoy the Venice lifestyle in this fabulous 2 bed/1 bath home. Built in 1925 w/ a clean & well-planned floorplan, this home has tons of character w/ gorgeous landscaping & a private courtyard. The spacious living rm flows seamlessly into the dining rm w/ access to the courtyard through French doors. Fully remodeled kitchen w/ breakfast nook bench, custom lights, butcher block counters, stylish brown & white tile & SS appliances including a sub zero fridge, Wolf 6-burner gas range & built-in microwave. The home features 2 spacious bedrms while the finishes of the kitchen carry into the bathrm featuring a claw-footed soaking bathtub. Private oasis backyard w/ wood-burning firepit surrounded by lush greenery plus a sizable side yard. Addtl features include central A/C, built-in surround sound, a detached 1-car garage & addtl parking space. Fabulous location near walk-streets & grocery stores, a block from renowned Abbot Kinneys shopping & dining, just a mile from Venice Beach boardwalk.

Last Agent to Rent the Property

James Suarez

Real Broker License #01433992 Listed on: 08/13/2020

Real Broker

Last Renter's Agent

James Scott Suarez

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 3,598 Sq Ft Lot
  • Lot Dimensions are 36x85
  • Wood Fence
  • Property is zoned LAR2

Home Design

  • Spanish Architecture

Interior Spaces

  • 992 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • French Doors
  • Living Room
  • Dining Area

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Car Garage
  • Driveway

Outdoor Features

  • Open Patio
  • Fire Pit

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $17,000
  • Tenant pays for electricity, water, gas
  • 12 Month Lease Term
  • Assessor Parcel Number 4241-021-011

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Rental Info

  • Lease Option: 1
  • Security Deposit: 17000
  • Tenant Pays: Electricity, Water, Gas

Listing Details

  • Property Type: Residential Lease
  • Style: Spanish
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Entry Location: Ground Level w/steps
  • Lease Terms: 1-Year
  • Living Area: 992
  • Lot Acreage: 0.0826
  • Lot Dimensions: 36x85
  • Stories: 1
  • Year Built: 1925
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Fire Pit
  • Flooring: Hardwood, Tile
  • Appliances: Microwave, Oven, Range, Double Oven
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Tile, Tub Only
  • Three Quarter Bathrooms: 0
  • Eating Areas: Dining Area, Breakfast Nook
  • Laundry: Inside, Laundry Closet Stacked
  • Total Bathrooms: 1.00
  • Equipment: Dishwasher, Range/Oven, Refrigerator, Washer, Dryer, Microwave
  • Fireplace: Yes
  • Price Per S Q F T: 7.56

Exterior Features

  • Other Features: French Doors
  • Fence: Wood
  • Patio: Patio Open
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Other Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Garage, Driveway
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Smoke Detector

Association/Amenities

  • Pet Rules: Yes

Lot Info

  • Assessor Parcel Number: 4241-021-011
  • Lot Size Area: 3598

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2015
Sold by
Superba Llc
Bought by
Mangan Velvet B and The Velvet Mangan Family Trust
Current Estimated Value
$2,163,255

Purchase Details

Closed on
Jul 1, 2014
Sold by
Mangan Velvet
Bought by
Superba Llc

Purchase Details

Closed on
Feb 11, 2013
Sold by
Mangan William
Bought by
Mangan Velvet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$826,000
Interest Rate
3.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 8, 2013
Sold by
Gries Cary
Bought by
Mangan Velvet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$826,000
Interest Rate
3.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 12, 1994
Sold by
Buika James A
Bought by
Gries Cary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,400
Interest Rate
9.28%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mangan Velvet B -- None Available
Superba Llc -- None Available
Mangan Velvet -- Chicago Title
Mangan Velvet $1,250,000 Chicago Title
Gries Cary -- Chicago Title
Gries Cary $238,000 United Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mangan Velvet $826,000
Previous Owner Gries Cary $190,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2020 09/22/20 Rented $7,100 -5.3% --
09/12/2020 09/12/20 Price Changed $7,500 -11.8% $8 / Sq Ft
08/13/2020 08/13/20 For Rent $8,500 -- --
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 $18,260 $1,539,275 $1,231,423 $307,852
2024 $18,260 $1,509,094 $1,207,278 $301,816
2023 $17,905 $1,479,505 $1,183,606 $295,899
2022 $17,065 $1,450,497 $1,160,399 $290,098
2021 $16,861 $1,422,057 $1,137,647 $284,410
2019 $16,351 $1,379,879 $1,103,904 $275,975
2018 $16,298 $1,352,823 $1,082,259 $270,564
2016 $15,601 $1,300,293 $1,040,235 $260,058
2015 $16,195 $1,350,000 $1,100,000 $250,000
2014 $15,418 $1,255,675 $1,004,540 $251,135
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-622776

The MLS

APN: 4241-021-011