NOT LISTED FOR SALE

115 Ocean Front Walk Venice, CA 90291

Venice Neighborhood

Estimated Value: $3,234,000 - $5,392,000

3 Beds
4 Baths
3,029 Sq Ft
$1,477/Sq Ft Est. Value

Last Sold July 12, 2013

Last sale price $4,150,000 $1,370 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $28,402/month

Highlights

  • Ocean Front
  • Beach Access
  • Gourmet Kitchen
  • Venice High School Rated A
  • Home Theater
  • 3-minute walk to South Beach Park

About This Home

As of September 2023

Live like you are on vacation all year round! Beachfront architectural loft style home on border of Venice and Santa Monica. Available furnished or unfurnished. 3 bedroom, 4 bath features ocean and beach views with a terrace off living room to watch the surf. Very zen space with large cook's kitchen and breakfast room, dining room off kitchen and open staircase so one can feel the ocean breeze throughout the main level when glass sliders are open. Truly California living at it's best! The master bed faces the ocean view- wake up to this magic every day and count your blessings! The lower level is currently used as a studio - could be media room or extra lounging space. There is also a bedroom suite on the lower level for added privacy. The main level features the large living area with fireplace, dining room and kitchen with breakfast area. Upstairs has master suite w/ fireplace, ensuite lovely bathroom w/ steam shower & tub. oversized 2 car garage and additional parking space.

Last Agent to Rent the Property

Kathy Marshall

Coldwell Banker Realty License #01006678 Listed on: 07/05/2023

Coldwell Banker Realty

Last Renter's Agent

Kathy Marshall

Coldwell Banker Realty License #01006678 Listed on: 07/05/2023

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1992 | Remodeled

Lot Details

  • 4,073 Sq Ft Lot
  • Ocean Front
  • West Facing Home

Parking

  • 2 Car Attached Garage
  • 1 Open Parking Space
  • 1 Carport Space

Interior Spaces

  • 3,029 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • High Ceiling
  • Double Door Entry
  • Living Room with Fireplace
  • 2 Fireplaces
  • Living Room with Attached Deck
  • Dining Room
  • Home Theater
  • Home Office
  • Utility Room
  • Wood Flooring
  • Ocean Views
  • Alarm System

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Maid or Guest Quarters
  • 4 Full Bathrooms
  • Double Vanity
  • Bathtub with Shower
  • Steam Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Open Patio

Utilities

  • Air Conditioning
  • Central Heating
  • Sewer in Street
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $32,000
  • Tenant pays for cable TV, gas, electricity
  • 12 Month Lease Term
  • Assessor Parcel Number 4288-029-038

Community Details

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Year Built

Built in 1992 | Remodeled

Lot Details

0

Parking

2

Rental Info

  • Furnished: Furnished Or Unfurnished
  • Security Deposit: 32000
  • Tenant Pays: Cable TV, Gas, Electricity

Listing Details

  • Property Type: Residential Lease
  • Style: Architectural
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 3029
  • Lot Acreage: 0.0935
  • Monthto Month: No
  • Property Condition: Updated/Remodeled
  • Stories: 3
  • Year Built: 1992
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Hardwood
  • Bedrooms: 3
  • Fireplaces: 2
  • Full Bathroom: 4
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Bathroom Features: Steam Shower, Shower and Tub, Double Vanity(s)
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Area, Dining Area
  • Kitchen Features: Gourmet Kitchen
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 4.00
  • Equipment: Dishwasher, Dryer, Alarm System, Built-Ins, Cable, Garbage Disposal, Refrigerator, Range/Oven, Washer, Microwave
  • Fireplace: Yes
  • Price Per S Q F T: 5.28

Exterior Features

  • Direction Faces: West
  • Other Features: High Ceilings (9 Feet+), Double Door Entry
  • Patio: Living Room Deck Attached
  • Pool: No
  • View: Ocean
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

  • Carport Spaces: 1
  • Garage Spaces: 2
  • Other Spaces: 1
  • Covered Parking: 2
  • Parking Garage: Private Garage, Attached
  • Total Parking: 3

Utilities

  • TV Svcs: Cable TV
  • Cooling: Air Conditioning
  • Heating: Central
  • Sewer: In Street

Association/Amenities

  • Amenities: Gated Community
  • Pet Rules: Yes

Lot Info

  • Assessor Parcel Number: 4288-029-038
  • Lot Location: Beach Access
  • Lot Size Area: 4073

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2024
Sold by
Veber Living Trust and Veber Francis P
Bought by
Veber Living Trust and Veber
Current Estimated Value
$4,472,945

Purchase Details

Listed on
Jun 13, 2013
Closed on
Jun 18, 2013
Sold by
Bieber Kimberly Dean
Bought by
Veber Francis P and Veber Living Trust
Seller's Agent
Debbie Sutz
Lotus Estate Properties
Buyer's Agent
Kathy Marshall
Coldwell Banker Realty
List Price
$4,150,000
Sold Price
$4,150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.60%

Purchase Details

Closed on
Aug 2, 2011
Sold by
Bieber Kimberly Dean
Bought by
Bieber Kimberly Dean and Ap Living Trust

Purchase Details

Closed on
May 3, 2011
Sold by
Bieber Kimberly
Bought by
Bieber Kimberly Dean and Ap Living Trust

Purchase Details

Closed on
Aug 29, 2008
Sold by
Malbasa Stephen
Bought by
Bieber Kimberly

Purchase Details

Closed on
Sep 25, 2003
Sold by
Stewart Steve
Bought by
Malbasa Stephen and Malbasa Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,196,500
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 2003
Sold by
Stewart Steve
Bought by
Stewart Steve and The Steve Stewart Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
5.84%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 28, 2002
Sold by
Stewart Steve
Bought by
Stewart Steve and Steve Stewart Living Trust

Purchase Details

Closed on
Apr 28, 1998
Sold by
Bernard Kirk
Bought by
Stewart Steve and Steve Stewart Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$952,000
Interest Rate
7.12%

Purchase Details

Closed on
Jul 20, 1994
Sold by
Ocean Front Walk
Bought by
Bernard Kirk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
8.65%
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
Veber Living Trust -- --
Veber Francis P $4,150,000 Equity Title
Bieber Kimberly Dean -- None Available
Bieber Kimberly Dean -- None Available
Bieber Kimberly Dean -- None Available
Bieber Kimberly -- Equity Title Los Angeles
Malbasa Stephen $1,885,000 Equity Title Company
Stewart Steve -- North American Title Co
Stewart Steve -- North American Title Co
Stewart Steve -- --
Stewart Steve $1,190,000 Progressive Title Company
Bernard Kirk $825,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Malbasa Stephen $1,196,500
Previous Owner Stewart Steve $700,000
Previous Owner Stewart Steve $952,000
Previous Owner Bernard Kirk $660,000
Closed Malbasa Stephen $499,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2023 09/15/23 Rented $15,000 -6.2% --
09/04/2023 09/04/23 Under Contract -- -- --
07/05/2023 07/05/23 For Rent $15,990 -5.9% --
03/01/2022 03/01/22 Rented $17,000 0.0% --
02/28/2022 02/28/22 Under Contract -- -- --
02/15/2022 02/15/22 For Rent $17,000 +6.3% --
09/23/2021 09/23/21 Rented $16,000 0.0% --
06/26/2021 06/26/21 For Rent $16,000 0.0% --
05/27/2021 05/27/21 Off Market $16,000 -- --
01/19/2021 01/19/21 For Rent $16,000 +6.7% --
03/01/2018 03/01/18 Rented $15,000 -6.3% --
02/06/2018 02/06/18 Price Changed $16,000 -11.1% $5 / Sq Ft
11/10/2017 11/10/17 For Rent $18,000 -14.3% --
10/01/2015 10/01/15 Rented $21,000 -6.7% --
09/14/2015 09/14/15 Price Changed $22,500 -10.0% $7 / Sq Ft
08/17/2015 08/17/15 For Rent $25,000 0.0% --
07/12/2013 07/12/13 Sold $4,150,000 0.0% $1,370 / Sq Ft View Prior Sale
07/03/2013 07/03/13 Pending -- -- --
06/13/2013 06/13/13 For Sale $4,150,000 -- $1,370 / 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 $60,142 $5,087,324 $3,861,465 $1,225,859
2024 $60,142 $4,987,573 $3,785,750 $1,201,823
2023 $58,958 $4,889,778 $3,711,520 $1,178,258
2022 $56,181 $4,793,901 $3,638,746 $1,155,155
2021 $55,515 $4,699,904 $3,567,399 $1,132,505
2019 $53,831 $4,560,504 $3,461,589 $1,098,915
2018 $53,712 $4,471,083 $3,393,715 $1,077,368
2016 $51,410 $4,297,468 $3,261,934 $1,035,534
2015 $50,647 $4,232,917 $3,212,937 $1,019,980
2014 $50,776 $4,150,000 $3,150,000 $1,000,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-287411

The MLS

APN: 4288-029-038