Dan Kaercher

Dan Kaercher

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$1,725,000

($360,640 down)
FHA

1018 Oakwood Avenue, Venice, CA 90291

2
2
984 sqft
PITI Monthly
$11,741.2 /mo

Listing courtesy of: Lee Tonks, Tonks Agency Inc,

Assumed Rate

6.91%
7.15%

Principal & Interest

$9,017 /mo
$9,238 /mo

What's Special

REMODELED
LOCATION
SERENE
SHOPPING
DINING
MODERN
RENOVATED
LUXURY
DECK
PRIVATE BACKYARD
LANDSCAPED
SPRINKLER SYSTEM
HISTORIC

Exquisitely Remodeled original 1905 Venice Bungalow. Step into timeless charm meets modern luxury with this fully reimagined 1905 Venice bungalow, meticulously renovated in 2024 to offer a seamless blend of historic character and contemporary sophistication. Nestled on a sprawling 3,800+ sq ft lot just moments from Abbot Kinney Blvd's vibrant dining and shopping, this 2-bedroom, 2-bathroom sanctuary is a 10-minute stroll to the sandy shores of Venice Beach. Highlights: Designer Elegance: Custom chef's kitchen featuring Thermador appliances, luxury brass finishes, and bespoke cabinetry. Spa-inspired bathrooms with premium fixtures and meticulous craftsmanship. Light-Filled Living: Marvin wood windows, French doors, and refinished original oak floors create an airy, inviting atmosphere that flows into a lush, private backyard oasis. Modern Infrastructure: Brand-new green energy heat pump HVAC ($25k), two tankless water heaters, all-new plumbing/electrical with subpanels, and a fully retrofitted foundation for peace of mind. Outdoor Paradise: Expansive landscaped garden with redwood deck and sprinkler system. Enjoy al fresco dining or unwind in the serene, verdant retreat. Convenience & Security: Gated driveway with ample parking, security fence, and integrated security system. Location Perks: Walk to Abbott Kinney's chic boutiques, trendy cafes, and top-tier restaurants. Minutes to Venice Beach, Canals, and Marina del Rey. Easy access to Silicon Beach tech hubs and major freeways. A rare opportunity to own a piece of Venice history, redefined for modern living. This home is a sanctuary of style, sustainability, and convenience.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.91
Remaining Loan Term
29 years, 9 months
Monthly PITI
$11,741.2/mo
Estimated Loan Balance
$1,365,510
Cash to close
$360,640
Interest Paid
$23,609

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Wood

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: No
  • Garage Spaces:
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 0
  • Home type: SingleFamilyResidence
  • Architectural Style: Bungalow
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1905
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Gated
HOA
  • Has HOA: No
Location
  • Region: Venice

Financial Details

  • Price per Sqft: $1,753.05
  • Tax Annual Amount: $21562.5
  • On Market Date: 2025-03-19T00:00:00.000Z
Inquire about this property

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Apply to Assume

Fill out an application to explore financing options for assuming this loan.

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Savings Calculator

Current cash to close is $360,640 (21%)
You can enter any amount below - secondary financing will cover the difference if needed.
21%
$

You cover the entire equity of $360,640!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage6.91% Sellers Rate
$1,364,360
Your Cash$360,640
Total Purchase Price:$1,725,000

Assumed vs Traditional Mortgage

Assumed @ 6.91%
$9,017/mo
Traditional @ 7.5%
$9,583/mo
You save $565/month ($6,781/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 25513609

Listing From:

Last updated: 2025-04-03T03:58:25.000Z

© , CRMLS. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

6.91%
7.15%

Principal & Interest

$9,017 /mo
$9,238 /mo
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $360,640 (21%)
You can enter any amount below - secondary financing will cover the difference if needed.
21%
$

You cover the entire equity of $360,640!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage6.91% Sellers Rate
$1,364,360
Your Cash$360,640
Total Purchase Price:$1,725,000

Assumed vs Traditional Mortgage

Assumed @ 6.91%
$9,017/mo
Traditional @ 7.5%
$9,583/mo
You save $565/month ($6,781/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Your Home Sold Guaranteed Realty
Agent/Broker
Dan KaercherYour Home Sold Guaranteed Realty(480) 202-1789Dankaercher@state48livin.comMLS SA677983000

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