898 Commonwealth Ave Venice, CA 90291
Venice Neighborhood
2
Beds
1
Bath
950
Sq Ft
10,208
Sq Ft Lot
Highlights
- Golf Course View
- 10,208 Sq Ft lot
- Hacienda Architecture
- Venice High School Rated A
- Wood Flooring
- 5-minute walk to Marine Park
About This Home
As of October 2024Rare double lot opportunity (to be held as one lot). City vacated adjacent parcel to owner, subject to 3 easements on the furthermost half of vacated property, abutting Penmar golf course. Original lot 45 x 110, or 4,950 sq. ft. Vacated lot approximately 50 x 110 (5,258 sq. ft) of which approximately half (2,750 sq. ft.) is unencumbered by the easements. Existing house in updated, move-in condition, with converted work studio, and large, flat back yard. Updated photos to follow but no material changes. Sold as is, with buyer to confirm deed restrictions. APN number being updated by MLS -- new number with County is 4243-013-034.
Last Agent to Sell the Property
Coldwell Banker Realty License #01925689 Listed on: 04/03/2013
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $49,441
Year Built
- Built in 1932
Lot Details
- 10,208 Sq Ft Lot
- Lot Dimensions are 95x100
- Cul-De-Sac
- Rectangular Lot
- Property is zoned LAR1
Home Design
- Hacienda Architecture
Interior Spaces
- 950 Sq Ft Home
- 1-Story Property
- Wood Flooring
- Golf Course Views
- Disposal
- Laundry Room
Bedrooms and Bathrooms
- 2 Bedrooms
- Studio bedroom
- 1 Bathroom
Parking
- 1 Parking Space
- Driveway
Utilities
- Heating System Mounted To A Wall or Window
Listing and Financial Details
- Assessor Parcel Number 4243-013-033
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 7, 2024
Closed on
Sep 23, 2024
Sold by
Baldessari Tony and Annas Trust
Bought by
Lonsdale Living Trust and Colson
Seller's Agent
Crosby Doe
Crosby Doe Associates, Inc.
Buyer's Agent
Laurent Mamann Slater
The Beverly Hills Estates
List Price
$5,900,000
Sold Price
$5,000,000
Premium/Discount to List
-$900,000
-15.25%
Views
119
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$101,033
Avg. Annual Appreciation
-2.83%
Purchase Details
Closed on
May 9, 2023
Sold by
City Of Los Angeles
Bought by
City Of Los Angeles
Purchase Details
Listed on
Apr 3, 2013
Closed on
Jul 3, 2013
Sold by
Nicholson Graeme R and Nicholson Diana
Bought by
Baldessari John and The John Baldessari Trust 1991
Seller's Agent
Robert Winans
Coldwell Banker Realty
Buyer's Agent
Dannie Cavanaugh
Cavanaugh Realtors
List Price
$1,295,000
Sold Price
$1,347,500
Premium/Discount to List
$52,500
4.05%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.34%
Purchase Details
Closed on
Nov 18, 2003
Sold by
Nicholson Graeme R and Nicholson Diana
Bought by
Nicholson Graeme R and Nicholson Diana
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jul 9, 1999
Sold by
Helsel Holly J
Bought by
Nicholson Graeme R and Calandra Diana
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,800
Interest Rate
7%
Purchase Details
Closed on
Jan 16, 1999
Sold by
Helsel Holly J
Bought by
Wiland Holly J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,700
Interest Rate
6.73%
Purchase Details
Closed on
Jan 7, 1994
Sold by
Wiland Harry
Bought by
Helsel Holly J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Interest Rate
4.5%
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $5,000,000 | Lawyers Title | |
| Quit Claim Deed | -- | None Listed On Document | |
| Grant Deed | $1,347,500 | Equity Title Los Angeles | |
| Interfamily Deed Transfer | -- | Ticor Title | |
| Grant Deed | $331,000 | Progressive Title Company | |
| Grant Deed | -- | Chicago Title Co | |
| Quit Claim Deed | -- | Investors Title Company | |
| Grant Deed | -- | Investors Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $4,375,000 | New Conventional | |
| Previous Owner | $555,000 | Unknown | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $400,000 | Unknown | |
| Previous Owner | $360,000 | Unknown | |
| Previous Owner | $99,000 | Credit Line Revolving | |
| Previous Owner | $264,800 | No Value Available | |
| Previous Owner | $214,700 | No Value Available | |
| Previous Owner | $220,500 | No Value Available | |
| Closed | $33,100 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/29/2024 10/29/24 | Sold | $5,000,000 | -15.3% | $1,283 / Sq Ft |
| 09/03/2024 09/03/24 | Pending | -- | -- | -- |
| 03/07/2024 03/07/24 | For Sale | $5,900,000 | +337.8% | $1,514 / Sq Ft |
| 07/11/2013 07/11/13 | Sold | $1,347,500 | +4.1% | $1,418 / Sq Ft |
| 04/03/2013 04/03/13 | For Sale | $1,295,000 | -- | $1,363 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $49,441 | $4,084,012 | $2,103,160 | $1,980,852 |
| 2023 | $54,186 | $4,480,329 | $2,688,198 | $1,792,131 |
| 2022 | $51,642 | $4,392,481 | $2,635,489 | $1,756,992 |
| 2021 | $35,249 | $2,963,356 | $1,526,051 | $1,437,305 |
| 2019 | $34,187 | $2,875,464 | $1,480,789 | $1,394,675 |
| 2018 | $34,039 | $2,819,083 | $1,451,754 | $1,367,329 |
| 2016 | $16,758 | $1,395,382 | $1,139,088 | $256,294 |
| 2015 | $16,511 | $1,374,423 | $1,121,978 | $252,445 |
| 2014 | $16,564 | $1,347,500 | $1,100,000 | $247,500 |
Source: Public Records
Agents Affiliated with this Home
-
Crosby Doe
Seller's Agent in 2024
Crosby Doe
Crosby Doe Associates, Inc.
(310) 428-6755
2 in this area
43 Total Sales
-
Laurent Mamann Slater
Buyer's Agent in 2024
Laurent Mamann Slater
The Beverly Hills Estates
(310) 780-9971
2 in this area
22 Total Sales
-
Robert Winans
Seller's Agent in 2013
Robert Winans
Coldwell Banker Realty
(310) 722-8456
15 Total Sales
-
Dannie Cavanaugh
Buyer's Agent in 2013
Dannie Cavanaugh
Cavanaugh Realtors
(310) 837-7198
2 in this area
91 Total Sales
Map
Source: The MLS
MLS Number: 13-662249
APN: 4243-013-034
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