NOT LISTED FOR SALE

874 Commonwealth Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,421,000 - $2,635,000

2 Beds
1 Bath
980 Sq Ft
$1,893/Sq Ft Est. Value

About This Home

Venice Beach, single family home on the quiet residential side of Lincoln on a dead-end street, away from the riff-raff of tourists and craziness of Abbott Kinney, cars, and vagrants but only 3/4 of a block to the excitement of Venice. We are nestled up by Penmar Park, the golf course, basketball courts, and tennis courts on a street with plenty of parking. Did I say quiet?
Across the street from Wholefoods, CVS and the same block as Deus CrossFit if you want to walk down the street (1/2 block) to work out or the golf course (1/2 block other way). We are 1 mile from the beach!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 6, 2016
Sold by
Henkels Richard T
Bought by
Henkels Richard T and Kwon Judy Jean
Current Estimated Value
$1,855,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Outstanding Balance
$576,912
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$1,278,494

Purchase Details

Closed on
Sep 25, 2003
Sold by
Henkels Carissa
Bought by
Henkels Richard T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,500
Interest Rate
3.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 22, 1999
Sold by
Frick Suzanne M
Bought by
Henkels Richard T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
6.79%

Purchase Details

Closed on
May 7, 1998
Sold by
Frick Suzanne M
Bought by
Frick Suzanne M and Fischer Dlynda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
7.13%

Purchase Details

Closed on
Aug 26, 1993
Sold by
Lieberman Laurie
Bought by
Frick Suzanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
3.87%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Henkels Richard T -- Wfg National Title Company
Henkels Richard T -- Lawyers Title Company
Henkels Richard T $310,000 Southland Title
Frick Suzanne M -- Fidelity National Title Co
Frick Suzanne M $240,000 Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henkels Richard T $725,000
Closed Henkels Richard T $376,500
Closed Henkels Richard T $248,000
Previous Owner Frick Suzanne M $212,000
Previous Owner Frick Suzanne M $192,000
Closed Frick Suzanne M $36,000
Closed Henkels Richard T $46,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2025 11/04/25 Off Market $4,850 -- --
10/10/2025 10/10/25 Price Changed $4,850 0.0% $5 / Sq Ft
10/10/2025 10/10/25 For Rent $4,850 -9.3% --
08/18/2025 08/18/25 Off Market $5,350 -- --
07/16/2025 07/16/25 For Rent $5,350 -- --

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 $6,472 $541,093 $388,783 $152,310
2024 $6,472 $530,484 $381,160 $149,324
2023 $6,349 $520,084 $373,687 $146,397
2022 $6,106 $509,887 $366,360 $143,527
2021 $5,978 $499,890 $359,177 $140,713
2019 $5,797 $485,066 $348,525 $136,541
2018 $5,189 $427,106 $341,692 $85,414
2016 $4,960 $410,524 $328,425 $82,099
2015 $4,887 $404,358 $323,492 $80,866
2014 $4,909 $396,438 $317,156 $79,282
Source: Public Records

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