See Home Value
$7,279,322*
House - Off Market

854 NOWITA Place

Venice, CA 90291
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2915 Sqft
$4,496,000 - $5,494,000
Reference Base Price*
45.73%
Since Nov 1, 2019
CA-Los Angeles
Primary Model
Sold Apr 12, 1996
$340,000
$1,733,000 by City National Bank
Mortgage Due Nov 01, 2051
Sold Apr 17, 1995
Transfer

About This Property

Your dream has arrived: the Venice Walk Street Double-Lot Craftsman! Located on one of Venice's premier walk streets - Nowita Place - this two-lot package includes a dreamy Craftsman 4-bedroom main home plus a 500+ sq ft second home ideal for a separate home office, guest unit, or even pure rental income. The Craftsman main home has wonderful character features such as wood floors, arched entryways, & wall picture railing. Natural light shines in on the large living room, including a decorative stone-fa~ade fireplace, while the semi-separate dining room is ideal for entertaining dinner parties. Three guest bedrooms plus an office provide plenty of space for everyone, while the over-sized master bedroom upstairs is your perfect retreat at night. For your out-of-town guests or for your rental income, the one-bedroom second home includes a full-sized galley kitchen, full bathroom w/claw-foot tub, and infinite potential. Moments from Abbot Kinney Blvd and all of Venice, this is a must see.

The manager has listed the unit size as 2915 square feet.
Unit Size
2,915Ft²
Days on Market
-
Land Size
6,290.00 acres
Price per sqft
$1,714
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1910

Price History

Date / Event Date Event Price
Oct 4, 2019 No longer available -
No longer available
Sep 19, 2019 Listed $4,995,000
Listed
Dec 6, 2018 No longer available -
No longer available
Nov 9, 2018 Price Decreased $5,595,000
↓ $255K (4.4%)
Price Decreased
Oct 8, 2018 Listed $5,850,000
Listed
Your dream has arrived: a Venice Walk Street double-lot craftsman! Located on one of Venice's premier walk streets - Nowita Place - this rare two-lot package includes a dreamy craftsman 5-bedroom main home plus a 500+ sq. ft. second home ideal for a separate office, guest unit, or even pure rental income. Basking in the glow of the 200-year-old mountain ash tree in the front yard, the craftsman main home has wonderful character features such as hardwood floors, arched entryways, and a wall…

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 6
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Roof Cover Type: Roll composition
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 3,145
  • Lot Size Depth Feet: 850
  • Lot Size Frontage Feet: 370
  • Total Building Area: 2,411
  • Building Area: 2,411
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 2,411
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: REPLAT OF BLOCK 12 OF VENICE ANNEX
  • Land Acres: 0.072
  • Standard Land Use Code: Single family residential
  • Legal Description 1: REPLAT OF BLK 12 VENICE ANNEX LOT 31

Ownership

  • Current Owner : LATT BRIAN
  • Current Owner 2: LATT MELISSA
  • Previous Owner : TEXAS COMMERCE BANK NATIONAL ASSN
  • Owner Before Previous Owner: KAY WARREN
  • Owner Before Previous Owner 2: TEXAS COMMERCE BANK NATIONAL A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 273600

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 49-C3
  • Parcel: 4241-019-037
  • Block: 12
  • Lot: 31
  • Municipality: WEST /OAKW/CENT VEN
  • Latitude: 33.9946
  • Longitude: -118.459

    Address

  • Full Address: 854 Nowita Pl
  • Address - House Number: 854
  • Address - Street Name: Nowita
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: Venice
  • Carrier Code: C041
  • 4-Digit Zip Code: 3837
  • Zip Code: 90291

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,974
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2268
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 2,063,584
  • High Value: 2,531,616
  • Low Value: 1,595,551

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,733,000
  • First Open Lien Mortgage Lender: CITY NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Oct 29, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,733,000
  • 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: Nov 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $593,575
  • Assessed Land Value: $292,835
  • Assessed Improvements Value: $300,740

    Sales

  • Current Sale Contract Date: Mar 13, 1996
  • Current Sale Recording Date: Apr 12, 1996
  • Current Sale Transaction ID: 1030689848
  • Current Sale Price: $340,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 96-0586106
  • Previous Sale Recording Date: Apr 17, 1995
  • Previous Sale Contract Date: Apr 14, 1995
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: DOWNEY S/L
  • First Mortgage Transaction Date: Apr 12, 1996
  • First Mortgage Loan Amount: $305,650
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: May 01, 2026

    Financing

  • First Mortgage Financing Type: Variable



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
4 Baths
3,374 ft²
$1,332/ft²
$4,495,000 Jul 7, 2023
-
-
House
4 Beds
5 Baths
3,900 ft²
$1,281/ft²
$4,995,000 Jul 20, 2023
-
-
House
4 Beds
2.5 Baths
1,800 ft²
$2,333/ft²
$4,200,000 May 29, 2023
-
-
House
4 Beds
5 Baths
4,653 ft²
$924/ft²
$4,299,500 Jul 15, 2022
-
-
House
6 Beds
6.5 Baths
5,009 ft²
$1,128/ft²
$5,649,000 Aug 13, 2023
-
-
Multifamily
5 Beds
-
-
$5,150,000 Jun 8, 2023
-
-
Commercial
Loft
-
4,637 ft²
$1,186/ft²
$5,500,000 Dec 21, 2022
-
-

About West Los Angeles


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Frequently Asked Questions

When was property at 854 Nowita Place built and last sold?
The property at 854 Nowita Place was built in 1910 and last sold on Mar 13, 1996 for $340,000.
How much is this home worth?
The estimated value of the home located at 854 Nowita Place is $5,044,950.
What are some comparable homes to 854 Nowita Place?
There are currently no comparable homes to 854 Nowita Place.

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