NOT LISTED FOR SALE

Estimated Value: $1,903,970 - $2,377,000

3 Beds
4 Baths
2,364 Sq Ft
$902/Sq Ft Est. Value

Last Sold June 21, 2023

Last sale price $1,850,000 $783 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $13,090/month

14 Days on Market

Highlights

  • Craftsman Architecture
  • Wood Flooring
  • No HOA
  • Broadway Elementary Rated A
  • Loft
  • Breakfast Area or Nook

About This Home

As of June 2023

Fantastic opportunity to own three separate Craftsman beach cottages for the price of one! Live in one cottage (1,000 square feet), work from another cottage (vacant, 950 square feet), keep one cottage for guests (500 square feet), and use the vacant garage (350 square feet) as an exceptional space for your art studio and toys. Fabulous west of Lincoln location walking distance to the amazing Rose Avenue and one block to Whole Foods. This is beach living at its absolute best. Two additional parking spaces for a total of four onsite spaces within this private Venice Beach compound. Extraordinary property where you can literally have it all!

Last Agent to Sell the Property

Stacey Valnes

Create License #00989680 Listed on: 05/08/2023

Last Buyer's Agent

Anne Lush

Pinnacle Estate Properties, Inc. License #01963776

Pinnacle Estate Properties, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1935

Lot Details

  • 5,778 Sq Ft Lot
  • Property is zoned LARD1.5

Parking

  • 2 Car Garage
  • Side by Side Parking

Home Design

  • Craftsman Architecture

Interior Spaces

  • 2,364 Sq Ft Home
  • Living Room
  • Dining Area
  • Loft

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Studio bedroom
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Open Patio

Utilities

  • Heating System Mounted To A Wall or Window
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4240-018-060

Home Details

Home Type

Single Family

Year Built

Built in 1935

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Craftsman
  • Street Number Display: Yes
  • Living Area: 2364
  • Lot Acreage: 0.1326
  • Year Built: 1935
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Hardwood, Vinyl Plank, Tile
  • Bedrooms: 3
  • Full Bathroom: 4
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside
  • Total Bathrooms: 4.00
  • Equipment: Cable, Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 801.61

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Uncovered, Side By Side
  • Total Parking: 4

Utilities

  • Heating: Wall

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4240-018-060
  • Lot Size Area: 5778

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2023
Closed on
May 29, 2023
Sold by
Cherico Family Trust
Bought by
Vilker Kirby Vincent and Vilker Kipp Lewis
Seller's Agent
Stacey Valnes
Create
Buyer's Agent
Anne Lush
Pinnacle Estate Properties, Inc.
List Price
$1,895,000
Sold Price
$1,850,000
Premium/Discount to List
-$45,000
-2.37%
Views
73
Current Estimated Value
$2,131,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,993
Avg. Annual Appreciation
5.79%
Original Mortgage
$1,387,500
Outstanding Balance
$1,348,637
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$783,356

Purchase Details

Closed on
Feb 4, 2021
Sold by
Cherico Family Trust and Cherico Ruth
Bought by
Cherico Family Trust and Cherico

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$586,000
Interest Rate
2.2%
Mortgage Type
New Conventional
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
Vilker Kirby Vincent $1,850,000 Fidelity National Title
Cherico Family Trust -- American Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vilker Kirby Vincent $1,387,500
Previous Owner Cherico Family Trust $586,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2023 06/21/23 Sold $1,850,000 -2.4% $783 / Sq Ft
05/22/2023 05/22/23 Pending -- -- --
05/08/2023 05/08/23 For Sale $1,895,000 -- $802 / 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 $23,045 $1,924,740 $1,508,580 $416,160
2024 $23,045 $1,887,000 $1,479,000 $408,000
2023 $3,046 $219,724 $24,888 $194,836
2022 $2,919 $215,416 $24,400 $191,016
2021 $2,870 $211,193 $23,922 $187,271
2020 $2,893 $209,028 $23,677 $185,351
2019 $2,791 $204,930 $23,213 $181,717
2018 $2,713 $200,912 $22,758 $178,154
2016 $2,576 $193,112 $21,875 $171,237
2015 $2,542 $190,212 $21,547 $168,665
2014 $2,572 $186,487 $21,125 $165,362
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-268285

The MLS

APN: 4240-018-060