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$2,595,000

Beds
2
Baths
2.5
sq ft
1,844

25 Brooks Ave Unit 2, Venice, CA 90291

25 Brooks Ave Unit 2

Venice, CA 90291

  • 78 days on market
Discover a vibrant fusion of urban sophistication and coastal charm in this architectural masterpiece by Steven Ehrlich in the heart of Venice Beach. Nestled just one block from the sand and Abbot Kinney, this loft-like residence effortlessly blends indoor and outdoor living, creating a seamless flow that captures the essence of California cool. Step inside to find an open-concept space bathed in natural light, where a large glass roll-up door invites the fresh ocean breeze into every corner. The sleek, stacked steel stairway leads you through the home, from the private basement parking to the expansive roof terrace, where panoramic ocean views serve as your daily backdrop.With parking at a premium, this residence offers the rare luxury of two private spaces in a semi-subterranean garage, where the structural concrete slab above becomes the polished foundation for your living space. Outside, your own private side yard, lush with forest bamboo, provides a tranquil mini-courtyard, perfect for morning meditation or evening gatherings. This is not just a home; it's a lifestyle. Here, sustainable design meets urban living, proving that density can be achieved without sacrificing any amenities in Venice Beach.

Details

Property type

Condominium

Est. home value

$2,335,987

Lot size

7,171 sq ft

Price per sq ft

$1,408

Year built

2002

Monthly HOA fee

$565

Price History

09/04/2024
CLAW

CLAW #24435545

Listed
$2,595,000
+5.92%
05/10/2022
CLAW

CLAW #22135635

Sold
$2,450,000
+21.47%
07/13/2015
CLAW

CLAW #15911879

Sold
$2,017,000

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

$604,419
Asking price
$2,595,000
Closing costs (~8% of asking)
-$207,600
Est. remaining loan balance
-$1,782,981
Cash to seller
$604,419

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

Seller’s Loan History

Lender

Wall Street Mortgage Bankers Ltd

Loan start date

March 2022

Original loan amount

$1,837,500

Est. remaining balance

$1,782,981

Interest rate

3.69%

Loan type

New Conventional, 40 year

Seller

Jeremy Kenneth Leung

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: 11/21/2024 at 1:25 PM

Listing updated: 10/06/2024 at 7:50 PM

Listed by: Josh Picker, Douglas Elliman of California, Inc. Phone #: (310) 819-3250

MLS: CLAW #24435545

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