Seller's Agent in 2021
Martina Nilchian
KW SELA
(310) 729-7075
1 in this area
7 Total Sales
1601 Oakwood Ave Venice, CA 90291
Venice NeighborhoodEstimated Value: $2,102,000 - $2,598,000
4
Beds
2
Baths
1,782
Sq Ft
$1,270/Sq Ft
Est. Value
Highlights
- Corner Lot
- Den
- 2 Car Detached Garage
- Broadway Elementary Rated A-
- Balcony
- 4-minute walk to Oakwood Park
About This Home
As of July 20211601 Oakwood Ave situated on a corner lot just west of Lincoln and just east of Abbot Kinney in Venice Beach. Walking distance to restaurants, boutiques and markets or take your bikes and ride straight down to the beachfront. This charming 2 story duplex is a great opportunity for an investor or owner user. Each unit consists of 2 bedrooms and 1 bath. Top unit has high ceilings and skylight windows very bright, beautiful outside deck to enjoy your morning coffee. Bottom floor unit provides a beautiful private outside all around patio area, great for entertaining and dining. Each unit has a great open floor plan for dining and living area. Separate garage with opportunity add ADU. Top floor unit is vacant and downstairs unit is Tenant Occupied.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $23,754
Year Built
- Built in 1968
Lot Details
- 3,675 Sq Ft Lot
- Lot Dimensions are 44x83
- East Facing Home
- Corner Lot
Parking
- 2 Car Detached Garage
Interior Spaces
- 1,782 Sq Ft Home
- 2-Story Property
- Skylights
- Den
- Laundry Room
Kitchen
- Breakfast Bar
- Gas Oven
- Dishwasher
- Disposal
Flooring
- Parquet
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Outdoor Features
- Balcony
- Brick Porch or Patio
Utilities
- Heating System Mounted To A Wall or Window
- Gas Water Heater
- Sewer in Street
Community Details
- 2 Units
- Rent Control
Listing and Financial Details
- Tenant pays for electricity, gas, cable TV
- The owner pays for gardener, water
- Assessor Parcel Number 4241-015-034
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 4, 2021
Sold by
Sabet Hassan and Sabet Baktash Gabriela
Bought by
Weill Steven and Weill Sabrina
Total Days on Market
43
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$460,500
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,802,144
Purchase Details
Closed on
Oct 3, 2000
Sold by
Simpson Michael
Bought by
Fuentes Jacqueline C
Purchase Details
Closed on
Nov 9, 1999
Sold by
Fuentes Jerome Jean
Bought by
Fuentes Jacqueline C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,600
Interest Rate
3.45%
Purchase Details
Closed on
Oct 25, 1999
Sold by
Sarish Vincent L and Sarish Tania
Bought by
Fuentes Jacqueline C and Simpson Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,600
Interest Rate
3.45%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Weill Steven | $1,886,000 | Fidelity National Title Co | |
| Fuentes Jacqueline C | -- | Equity Title | |
| Fuentes Jacqueline C | -- | Equity Title Company | |
| Fuentes Jacqueline C | $387,500 | Equity Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Weill Steven | $500,000 | |
| Previous Owner | Weill Steven | $1,053,000 | |
| Previous Owner | Sabet Hassan | $317,000 | |
| Previous Owner | Sabet Hassan | $388,000 | |
| Previous Owner | Fuentes Jacqueline C | $290,600 | |
| Previous Owner | Sarish Vincent L | $337,000 | |
| Closed | Fuentes Jacqueline C | $290,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/09/2021 07/09/21 | Sold | $1,886,000 | -3.3% | $1,058 / Sq Ft |
| 04/06/2021 04/06/21 | Pending | -- | -- | -- |
| 02/22/2021 02/22/21 | For Sale | $1,950,000 | -- | $1,094 / 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 | $23,754 | $1,962,193 | $1,569,755 | $392,438 |
| 2023 | $23,291 | $1,923,720 | $1,538,976 | $384,744 |
| 2022 | $22,198 | $1,886,000 | $1,508,800 | $377,200 |
| 2021 | $9,743 | $812,041 | $641,450 | $170,591 |
| 2020 | $9,843 | $803,715 | $634,873 | $168,842 |
| 2019 | $9,450 | $787,957 | $622,425 | $165,532 |
| 2018 | $9,412 | $772,508 | $610,221 | $162,287 |
| 2016 | $8,996 | $742,512 | $586,526 | $155,986 |
| 2015 | $8,864 | $731,359 | $577,716 | $153,643 |
| 2014 | $8,901 | $717,034 | $566,400 | $150,634 |
Source: Public Records
Agents Affiliated with this Home
-
Martina Nilchian
-
Jamie Sher
Buyer's Agent in 2021
Jamie Sher
The Sher Group
(323) 304-2455
3 in this area
22 Total Sales
Map
Similar Homes in Venice, CA
Source: The MLS
MLS Number: 21-694098
APN: 4241-015-034
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