See Home Value
$1,485,000 - $1,813,000
House - Off Market

1016 Nowita Pl

Venice, CA 90291
bedrooms
3 Beds
bathrooms
1.5 Baths, 1 Half Bath
square feet
1283 Sqft
Sold Dec 29, 2023
$1,575,000
$1,299,375 by Bmo Bank Na
Mortgage Due Jan 01, 2054
Sold Jun 11, 1998
$305,000
$152,500 by Bank Of America
Mortgage Due Jul 01, 2028

About This Property

Sensational Craftsman bungalow PLUS a large, two-story detached structure (built 2010), located in prime Venice! Bursting with character and charm, the front home consists of a single-level floor plan of two bedrooms, one bathroom, and original dramatic details throughout. The permitted, two-story back building is the perfect retreat to the main home, and includes vaulted ceilings, skylight, clerestory windows, 1/2 bathroom, laundry and storage. This is the perfect artist's retreat, office/gym, playroom, yoga studio or the potential to convert the space to an ADU and earn income. Move right in or add your touches to this extraordinary home and rare offering. Located a stone's throw to the beach, Abbot Kinney, and the bustling shops and restaurants on Lincoln. This is Venice living at its finest. (Note: Bedroom count as follows 2 bedrooms in main house, 1 bedroom in back structure is counted but permitted as a rec room).

The manager has listed the unit size as 1283 square feet.
Unit Size
1,283Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$1,285
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1923

Price History

Date / Event Date Event Price
Jan 2, 2024 No longer available -
No longer available
Dec 29, 2023 Sold to Michael Andrew Ahdoot $1,575,000
Sold to Michael Andrew Ahdoot
Dec 11, 2023 In contract -
In contract
Nov 18, 2023 No longer available -
No longer available
Nov 17, 2023 Relisted $1,649,000
Relisted
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1923
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Unknown
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,778
  • Lot Size Depth Feet: 1,190
  • Lot Size Frontage Feet: 400
  • Total Building Area: 834
  • Building Area: 834
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 834
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 2534
  • Land Acres: 0.11
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 2534 LOT/SEC 73

Ownership

  • Current Owner : AHDOOT MICHAEL ANDREW
  • Previous Owner : VIRGINIA GIANNINI HAMMERNESS TRUST
  • Previous Owner 2: LAWRENCE KARL HAMMERNESS TRUST
  • Owner Before Previous Owner: ZIMMER CONSTANCE

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 273700

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 49-D3
  • Subdivision Tract Number: 2534
  • Parcel: 4242-010-027
  • Lot: 73
  • Municipality: WEST /MAR VISTA/WALGR
  • Latitude: 33.9972
  • Longitude: -118.458

    Address

  • Full Address: 1016 Nowita Pl
  • Address - House Number: 1016
  • Address - Street Name: Nowita
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: Venice
  • Carrier Code: C070
  • 4-Digit Zip Code: 3519
  • Zip Code: 90291

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,736
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 96
  • Final Value: 1,654,154
  • High Value: 1,766,243
  • Low Value: 1,542,065

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,449,375
  • First Open Lien Mortgage Lender: BMO BANK NA
  • First Open Lien Mortgage Recording Date: Dec 29, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,299,375
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2054
  • Second Open Lien Mortgage Recording Date: Dec 29, 2023
  • Second Open Lien Mortgage Loan Amount: $150,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2054

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $625,261
  • Assessed Land Value: $408,041
  • Assessed Improvements Value: $217,220

    Sales

  • Current Sale Contract Date: Dec 11, 2023
  • Current Sale Recording Date: Dec 29, 2023
  • Current Sale Transaction ID: 11918545967
  • Current Sale Price: $1,575,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 918866
  • Previous Sale Recording Date: Jun 11, 1998
  • Previous Sale Contract Date: Apr 17, 1998
  • Previous Sale Amount: $305,000
  • Previous Sale Document Type: Individual Deed

    Last Sale Mortgage

  • First Mortgage Lender: BMO BANK NA
  • First Mortgage Transaction Date: Dec 29, 2023
  • First Mortgage Loan Amount: $1,299,375
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2054
  • Second Mortgage Transaction Date: Dec 29, 2023
  • Second Mortgage Loan Amount: $150,000
  • Second Mortgage Terms: 360

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA
  • Previous Mortgage Transaction Date: Jun 11, 1998
  • Previous Mortgage Loan Amount: $152,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jul 01, 2028



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,524 ft²
$1,083/ft²
$1,650,000 Oct 25, 2023
-
-
House
3 Beds
3 Baths
1,600 ft²
$997/ft²
$1,595,000 Nov 28, 2023
-
-
House
3 Beds
2 Baths
1,573 ft²
$954/ft²
$1,500,000 Dec 7, 2023
-
-
House
3 Beds
2 Baths
1,716 ft²
$1,104/ft²
$1,895,000 Nov 17, 2023
-
-
House
2 Beds
2 Baths
1,260 ft²
$1,496/ft²
$1,885,000 Oct 27, 2023
-
-
House
2 Beds
1 Bath
806 ft²
$2,109/ft²
$1,699,999 Jun 5, 2023
-
-
House
3 Beds
1 Bath
-
$1,850,000 Nov 10, 2023
-
-
Condo
2 Beds
2 Baths
1,132 ft²
$1,193/ft²
$1,350,000 Oct 25, 2023
-
$300/mo
House
1 Bed
1 Bath
720 ft²
$2,292/ft²
$1,650,000 Nov 15, 2023
-
-
House
2 Beds
1 Bath
-
$1,695,000 Dec 13, 2023
-
-
House
2 Beds
1 Bath
-
$1,695,000 Nov 6, 2023
-
-
Townhouse
4 Beds
3 Baths
1,970 ft²
$887/ft²
$1,748,000 Oct 5, 2023
-
$500/mo

About West Los Angeles


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Frequently Asked Questions

When was property at 1016 Nowita Place built and last sold?
The property at 1016 Nowita Place was built in 1923 and last sold on Dec 11, 2023 for $1,575,000.
How much is this home worth?
The estimated value of the home located at 1016 Nowita Place is $1,651,708.
What are some comparable homes to 1016 Nowita Place?
There are currently no comparable homes to 1016 Nowita Place.

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