tomo logo

$6,998,000

Beds
6
Baths
7.0
sq ft
6,250

1015 Victoria Ave, Venice, CA 90291

1015 Victoria Ave

Venice, CA 90291

  • 46 days on market
    • Open house Jul 09
Welcome to 1015 Victoria Ave - an exquisite compound in Venice showcasing a grand 4,700 square foot main residence and 1,550 square foot two-story ADU. Beyond the secure gates, you are welcomed by a tranquil, landscaped courtyard leading to the entrance of the main house. Inside, the main residence boasts lofty ceilings and a seamlessly flowing floorplan. Relax in the sunken living room featuring a striking Napoleon fireplace and a custom sectional sofa. Entertain with flair at the opulent backlit onyx bar adjacent to the expansive open kitchen and dining area. The kitchen is a culinary marvel with bespoke cabinets, top-of-the-line Miele appliances, and honed Saratoga Quartzite countertops. Five luxurious ensuite bedrooms, including the primary suite offers ultimate privacy. The primary suite is a sanctuary boasting dual walk-in closets, a Venetian plaster bathroom, and an outdoor terrace. This smart home is equipped with solar panels, a sophisticated Savant system complete with Sonos speakers, and window coverings. Seamless transitions between indoor and outdoor spaces are facilitated by Fleetwood sliding doors, revealing a sprawling 35' saltwater pool and expansive terraces. The crown jewel of outdoor entertaining is the panoramic 2,000 square foot roof deck, featuring a BBQ area, multiple dining spaces, and two inviting fire pits. The ADU/guest house offers a retreat with its own allure. Complete with high ceilings and elegant oak flooring, it's a haven of comfort and convenience. At the rear of the property, a spacious 13-foot garage beckons, offering versatility as a flex space or storage for a prized car collection. Additionally, two parking spaces on the side of the house are equipped with electric charging setups. Make this warm, thoughtful, and secure haven your coastal urban sanctuary.

Details

Property type

Single Family Residence

Est. home value

$2,384,772

Lot size

0.2391 acres

Price per sq ft

$1,120

Year built

2023

HOA

No

Price History

05/16/2024
CLAW

CLAW #24391877

Listed
$6,998,000
+225.49%
04/04/2022
CLAW

CLAW #21794012

Sold
$2,150,000
+26.47%
02/19/2021
CLAW

CLAW #20649580

Sold
$1,700,000

Schools & Community

Neighborhood: 

Venice

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$2,974,995
Asking price
$6,998,000
Closing costs (~8% of asking)
-$559,840
Est. remaining loan balance
-$3,463,165
Cash to seller
$2,974,995

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Homebridge Financial Services Inc

Loan start date

January 2024

Original loan amount

$3,477,500

Est. remaining balance

$3,463,165

Interest rate

7.03%

Loan type

New Conventional, 30 year

Seller

Mark Shanley and Delreta Mattar Shanley

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/01/2024 at 11:10 AM

Listing updated: 06/21/2024 at 1:43 PM

Listed by: Shelton Wilder, Christie's AKG Phone #: (310) 893-6223

MLS: CLAW #24391877

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