Molly First
Lyon Stahl Investment Real Estate, Inc.
(310) 734-4096
17 Total Sales
5 in Venice
$1.3M - $2.1M Price Range
1025 Pleasantview Ave Venice, CA 90291
Venice NeighborhoodEstimated Value: $2,899,000 - $3,055,237
8
Beds
7
Baths
2,801
Sq Ft
$1,064/Sq Ft
Est. Value
About This Home
As of May 20224.53% Cap Rate & 15.7 GRM! Ability to add an ADU! Fully renovated turnkey triplex West of Lincoln in the heart of Venice. Upgraded Plumbing, Electrical, Roof. The property sits a mile from the Venice Canals, Venice Beach Boardwalk, and is walking distance to the shops (Whole Foods & Erewhon) and restaurants on Abbot Kinney, Rose, and Lincoln Blvd. This two-story building contains one large bottom floor unit, which is 3-Beds/3-Bath and two units on the second floor: one 3-Bed/2-Bath and one 2-Bed/2-Bath. The property was originally built in 1977, and completely renovated in 2021 with high-end finishes for the most discerning residents. The property features a spacious front yard and a large lot in the back that has 5 surface parking spaces. This investment is offered at a 15.7 GRM and 4.53% Cap Rate with the ability to achieve a 5.06% Cap Rate by converting the garage into a Studio ADU (Plans have been submitted). Contact us today for a showing!
Last Agent to Sell the Property
Central Realty Advisors Inc License #01897085 Listed on: 03/30/2022
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1977
Lot Details
- 4,180 Sq Ft Lot
Parking
- 5 Parking Spaces
Interior Spaces
- 2,801 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 7 Bathrooms
Community Details
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 4239-017-026
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 30, 2022
Closed on
Apr 26, 2022
Sold by
Bought by
Seller's Agent
Elijah Korobkin
Central Realty Advisors Inc
Buyer's Agent
Trevor Levin
Nourmand & Associates-BW
List Price
$3,200,000
Sold Price
$3,150,000
Premium/Discount to List
-$50,000
-1.56%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$169,921
Avg. Annual Appreciation
-1.31%
Original Mortgage
$1,186,000
Interest Rate
4.67%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 16, 2020
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,685,000
Interest Rate
2.7%
Mortgage Type
Construction
Purchase Details
Closed on
Jun 1, 2020
Sold by
Bought by
Purchase Details
Closed on
Apr 27, 2020
Sold by
Bought by
Purchase Details
Listed on
May 20, 2019
Closed on
Dec 23, 2019
Sold by
Bought by
Seller's Agent
Alison Betts
Douglas Elliman of California, Inc.
Buyer's Agent
Chris Shahinian
Serhant California, Inc
List Price
$1,650,000
Sold Price
$1,405,000
Premium/Discount to List
-$245,000
-14.85%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.05%
Original Mortgage
$260,000
Interest Rate
3.6%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 8, 2019
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$915,000
Interest Rate
3.6%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 4, 2007
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Venice, CA
-
Molly First
-
Ken Wallis
Ken Wallis
Epique Realty
(805) 624-3589
53 Total Sales
1 in Venice
$1,900,000 Price
-
Victoria Waldorf
Victoria Waldorf
Equity Union
(747) 293-4720
88 Total Sales
1 in Venice
$2,400,000 Price
-
Michelle Martino
Michelle Martino
KW Westside Estates
(213) 799-4737
17 Total Sales
1 in Venice
$2,250,000 Price
-
Rory Cochrane
Rory Cochrane
West Shores Realty, Inc.
(424) 372-8596
5 Total Sales
4 in Venice
$912,500 Price Range
-
Megan Husri
Megan Husri
Responds QuicklyKeller Williams Studio City
(747) 279-3321
88 Total Sales
1 in Venice
$1,700,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $3,150,000 | Ticor Title | ||
| $1,800,000 | Ticor Title | ||
| -- | Accommodation | ||
| -- | None Available | ||
| -- | Provident Title | ||
| $1,405,000 | Lawyers Title Company | ||
| -- | None Listed On Document |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $1,186,000 | ||
| Previous Owner | $1,685,000 | ||
| Previous Owner | $260,000 | ||
| Previous Owner | $915,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/16/2022 05/16/22 | Sold | $3,150,000 | +1.6% | $1,125 / Sq Ft | |
| 05/15/2022 05/15/22 | Pending | -- | -- | -- | |
| 04/06/2022 04/06/22 | Price Changed | $3,100,000 | -3.1% | $1,107 / Sq Ft | |
| 03/30/2022 03/30/22 | For Sale | $3,200,000 | +93.9% | $1,142 / Sq Ft | |
| 12/25/2019 12/25/19 | For Sale | $1,650,000 | +17.4% | $589 / Sq Ft | |
| 12/25/2019 12/25/19 | Pending | -- | -- | -- | |
| 12/24/2019 12/24/19 | Sold | $1,405,000 | -14.8% | $502 / Sq Ft | View Prior Sale |
| 10/28/2019 10/28/19 | Pending | -- | -- | -- | |
| 08/29/2019 08/29/19 | Price Changed | $1,650,000 | -5.7% | $589 / Sq Ft | |
| 06/27/2019 06/27/19 | Price Changed | $1,750,000 | -12.3% | $625 / Sq Ft | |
| 05/20/2019 05/20/19 | For Sale | $1,995,000 | -- | $712 / Sq Ft |
Source: The MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $40,133 | $3,342,805 | $2,546,899 | $795,906 |
| 2024 | $39,708 | $3,277,260 | $2,496,960 | $780,300 |
| 2023 | $38,931 | $3,213,000 | $2,448,000 | $765,000 |
| 2022 | $21,791 | $1,836,000 | $1,632,000 | $204,000 |
| 2021 | $21,522 | $1,800,000 | $1,600,000 | $200,000 |
| 2020 | $17,227 | $1,405,000 | $1,200,000 | $205,000 |
| 2019 | $1,054 | $65,660 | $14,256 | $51,404 |
| 2018 | $999 | $64,374 | $13,977 | $50,397 |
| 2016 | $925 | $61,876 | $13,435 | $48,441 |
| 2015 | $914 | $60,948 | $13,234 | $47,714 |
| 2014 | $938 | $59,755 | $12,975 | $46,780 |
Source: Public Records
Agents Affiliated with this Home
-
Elijah Korobkin
Seller's Agent in 2022
Elijah Korobkin
Central Realty Advisors Inc
(323) 873-9332
1 in this area
4 Total Sales
-
Trevor Levin
Buyer's Agent in 2022
Trevor Levin
Nourmand & Associates-BW
(310) 866-8738
4 in this area
48 Total Sales
-
Alison Betts
Seller's Agent in 2019
Alison Betts
Douglas Elliman of California, Inc.
(323) 309-3976
3 in this area
28 Total Sales
-
M
Seller Co-Listing Agent in 2019
Michael Hernandez
-
Chris Shahinian
Buyer's Agent in 2019
Chris Shahinian
Serhant California, Inc
(818) 445-0247
18 Total Sales
Map
Source: The MLS
MLS Number: 22-141405
APN: 4239-017-026
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© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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