$2,199,999

Estimated payment $14,103/month

Total Views 3,158
4 Beds
2 Baths
1,616 Sq Ft
$1,361 Price per Sq Ft

Highlights

  • Fenced Yard
  • Built-In Features
  • Tankless Water Heater
  • Broadway Elementary Rated A-
  • Card or Code Access
  • 1-minute walk to Oakwood Park

About This Home

Introducing the epitome of California Bungalow living nestled in the highly sought-after Oakwood section of Venice Beach. Enjoy 2 separate homes on this spacious lot with each house having its own outdoor space and private entrances. This property serves as the perfect home for an owner / user or passive income source for an investor. Live in 1 house while renting out the other, live in both houses, or simply rent out both houses for ultimate passive income. This exceptional property showcases the perfect blend of functionality and character, offering two distinct houses, a total of 4 bedrooms, 2 bathrooms, and a spacious living space spanning 1,616 square feet. The front unit welcomes you with a well-designed layout featuring three beautifully appointed bedrooms and an elegantly styled bathroom. The ambiance exudes warmth and comfort, creating an inviting space for relaxation. The back unit offers a cozy retreat with one bedroom and one bathroom, providing a private oasis that can accommodate guests, serve as a home office, or generate rental income. Both units have undergone exquisite remodeling, boasting gorgeous kitchens and upgraded bathrooms. Additionally, each unit enjoys the luxury of its own private yard, enhancing the outdoor living experience. The property has been immaculately kept up with both side fences having been recently rebuilt. Conveniently located within a short distance to the beach, and just steps away from the trendy restaurants and shops of Abbot Kinney and Rose Ave, this delightful duplex offers the epitome of coastal living. Whole Foods and Barry's Gym are also within easy reach, adding to the convenience and lifestyle amenities. Immerse yourself in the vibrant Venice Beach community, where you'll have access to breathtaking coastlines, fashionable boutiques, renowned dining establishments, and a thriving cultural scene. Embrace the coastal lifestyle and indulge in the beauty and charm that Venice Beach has to offer. Don't miss out on this exceptional opportunity to own a slice of paradise in Venice Beach with this remarkable duplex. Make your dream of coastal living a reality today.

Listing Agent

Brandon Meneses

The Beverly Hills Estates License #02112187 Listed on: 02/21/2025

The Beverly Hills Estates

Co-Listing Agent

Dennis Dewalt

The Beverly Hills Estates License #02116703

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $25,386

Year Built

  • Built in 1905

Lot Details

  • 3,844 Sq Ft Lot
  • Lot Dimensions are 38x101
  • Fenced Yard
  • Gated Home
  • Landscaped
  • Front Yard

Home Design

  • Bungalow

Interior Spaces

  • 1,616 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Private Parking
  • Driveway
  • On-Street Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Heating System Mounted To A Wall or Window
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 4239-017-013

Community Details

Overview

  • 2 Buildings
  • 2 Units

Security

  • Card or Code Access

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$25,386

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Bungalow
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 1616
  • Lot Acreage: 0.0881
  • Lot Dimensions: 38x101
  • Probate: No
  • Stories: 1
  • Year Built: 1905
  • Number Of Photos: 33
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Equipment: Ceiling Fan, Built-Ins, Dishwasher, Dryer, Washer, Range/Oven, Refrigerator
  • Price Per S Q F T: 1361.39

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Driveway, Private, On street
  • Total Parking: 1

Utilities

  • Water Heater: Tankless
  • Cooling: Air Conditioning, Wall/Window
  • Heating: Central, Wall
  • Security: Gated, Card/Code Access
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 30.03
  • Assessed Improvement Value: 607580
  • Assessed Land Percent: 69.97
  • Assessed Land Value: 1415937
  • Total Assessed Value: 2023517
  • Assessor Parcel Number: 4239-017-013
  • Lot Description: Landscaped, Fenced, Fenced Yard, Yard, Front Yard
  • Lot Size Area: 3844

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 18.12
  • Number Of Units: 2
  • Total Annual Expense: 79674
  • Type Of Units: 2
  • Vacancy Rate: 0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $25,386 $2,147,369 $1,502,602 $644,767
2024 $25,386 $2,105,265 $1,473,140 $632,125
2023 $24,888 $2,063,986 $1,444,255 $619,731
2022 $23,719 $2,023,517 $1,415,937 $607,580
2021 $23,438 $1,983,841 $1,388,174 $595,667
2020 $23,684 $1,963,500 $1,373,940 $589,560
2019 $16,820 $1,414,944 $1,248,480 $166,464
2018 $16,762 $1,387,200 $1,224,000 $163,200
2016 $6,334 $518,402 $440,444 $77,958
2015 $6,242 $510,616 $433,829 $76,787
2014 $6,273 $500,614 $425,331 $75,283
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2025 02/21/25 For Sale $2,199,999 +14.3% $1,361 / Sq Ft
05/10/2019 05/10/19 Sold $1,925,000 -1.3% $1,191 / Sq Ft
04/25/2019 04/25/19 Pending -- -- --
04/19/2019 04/19/19 For Sale $1,950,000 +43.4% $1,207 / Sq Ft
01/26/2017 01/26/17 Sold $1,360,000 -6.2% $1,349 / Sq Ft
08/26/2016 08/26/16 For Sale $1,450,000 0.0% $1,438 / Sq Ft
10/21/2015 10/21/15 Rented $2,950 -23.4% --
08/27/2015 08/27/15 For Rent $3,850 -- --
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Old Republic Title Company
Grant Deed $1,925,000 Clearmark Title
Grant Deed $1,360,000 Chicago Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $379,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,390,000 New Conventional
Closed $1,443,750 New Conventional
Previous Owner $1,020,000 Adjustable Rate Mortgage/ARM
Previous Owner $560,000 New Conventional
Previous Owner $56,000 Credit Line Revolving
Previous Owner $70,000 Credit Line Revolving
Previous Owner $310,000 Unknown
Previous Owner $303,200 No Value Available
Source: Public Records

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Source: The MLS

MLS Number: 25500197

The MLS

APN: 4239-017-013