tomo logo

$2,995,000

Beds
5
Baths
5.0
sq ft
2,950

939 Indiana Ave, Venice, CA 90291

939 Indiana Ave

Venice, CA 90291

  • 2 days on market
    • Price drop $600,000↓
    • Open house Oct 06
Jennifer Siegal, Architect | Highrise Modular, 2016. Widely published, and featured twice on the cover of Dwell magazine, this award-winning property is a trifecta of high design, livability, and ecological sensitivity. Low-profile, and surrounded by mature landscaping, the main house rises seductively from front to back, from a one-story entrance to a third floor roof deck barely visible from the street. The first floor open plan connects living, dining, kitchen and play spaces with a generous outdoor patio, pool, and garden, with two secondary bedrooms and bathrooms running along the side. Upstairs, the primary suite runs the length of the building, with 10' 3" tall ceilings and well-placed skylights and windows to capture views and ocean breezes. A Japanese soaking tub and steam shower round out the spa experience. A sculptural steel tower wrapped in polycarbonate panels provides vertical circulation, and a counterpoint to the horizontality of the lower levels, connecting to panoramic views at the top. The palette of materials is warm and inviting, with wide-plank white oak floors, Heath ceramic tile, Carrara marble countertops, steel-trowelled plaster, and a custom live-edge table from the Queen Mary. The effect is quintessential California, a blend of minimal modern design, indoor-outdoor living, and an architecture that doesn't get in the way, but rather accentuates its connection to the natural environment. Locally-sourced materials, reclaimed lumber, passive cooling strategies, a high-efficiency wood-burning stove, and a rainwater collection system affirm a commitment to environmental consciousness. In back, the two-story guest house ADU has two separate units, each with its own kitchen and bath, providing numerous options for rental income, home office, and guest accommodations. The possibilities are endless. Main House: 3 bedrooms, 3 bathrooms, 2,150 square feet. Guest House ADU: 800 square feet (2 studio units, each 400 SF).

Details

Property type

Single Family Residence

Est. home value

$1,968,014

Property condition

Updated/Remodeled

Lot size

4,811 sq ft

Price per sq ft

$1,016

Year built

1924

HOA

No

Price History

10/03/2024
CLAW

CLAW #24444587

Listed
$2,995,000

Schools & Community

Neighborhood: 

Venice

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Los Angeles Unified

Seller’s Loan History

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

Lender

Loandepot.Com Llc

Loan start date

January 2021

Original loan amount

$597,000

Est. remaining balance

$547,342

Interest rate

2.72%

Loan type

New Conventional, 30 year

Seller

Jennifer Siegal and The Jennifer Siegal Trust

Lender

Greenpoint Mtg Funding Inc

Loan start date

August 2002

Original loan amount

$44,000

Est. remaining balance

Not provided

Interest rate

6%

Loan type

Credit Line (Revolving), 15 year

Seller

Jennifer Siegal

Lender

Greenpoint Mtg Funding Inc

Loan start date

August 2002

Original loan amount

$308,000

Est. remaining balance

Not provided

Interest rate

5.5%

Loan type

Not Provided, 30 year

Seller

Jennifer Siegal

Lender

Washington Mutual Bank Fa

Loan start date

April 2002

Original loan amount

$292,400

Est. remaining balance

$134,643

Interest rate

6.86%

Loan type

Not Provided, 30 year

Seller

Jennifer Siegal

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?

Similar Homes Nearby

Price drop
CLAW
$3,436,000
5 bd
|
4.5 ba
|
3,436 sq ft
|
House

2326 Louella Ave, Venice, CA 90291

CLAW
$3,250,000
5 bd
|
2 ba
|
2,800 sq ft
|
House

807 Superba Ave, Venice, CA 90291

CLAW
$3,000,000
5 bd
|
3 ba
|
2,193 sq ft
|
House

1025 Nowita Pl, Venice, CA 90291

Status: Active

Tomo last checked: 10/05/2024 at 12:30 AM

Listing updated: 10/03/2024 at 8:59 AM

Listed by: Brian Linder, Compass Phone #: (323) 593-6999

MLS: CLAW #24444587

CLAW logo

Recently listed in Venice

$2,200,000|3 bd|1.75 ba|House
$3,449,000|4 bd|3.75 ba|House
$2,695,000|4 bd|2.75 ba|House
$1,450,000|2 bd|1.75 ba|House
$2,995,000|5 bd|5.0 ba|House
$2,395,000|3 bd|3.0 ba|House
$2,195,000|4 bd|4.5 ba|House
$2,695,000|3 bd|2.75 ba|House
$2,650,000|3 bd|2.0 ba|House
$1,699,000|2 bd|2.0 ba|House