NOT LISTED FOR SALE

1037 Pleasantview Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $2,064,000 - $2,628,000

4 Beds
2 Baths
1,713 Sq Ft
$1,311/Sq Ft Est. Value

Last Sold January 13, 2021

Last sale price $1,355,000 $791 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $13,360/month

85 Days on Market

Highlights

  • Colonial Architecture
  • Balcony
  • Views
  • Broadway Elementary Rated A-
  • 1 Car Attached Garage
  • 2-minute walk to Oakwood Park

About This Home

As of January 2021

Highly sought-after Oakwood area of Venice proudly presents this dazzling Spanish Mission duplex. Approximately .5 miles from Abbot Kinney. Beautiful tree-lined block in the Amino school district with a variety of architectural trophy homes. The front entrance is ensconced within a Spanish adobe styled wall leading to private gardens and patio within. The front residence is a 1 bed 1 bath 760 sf unit. The rear residence is a 3 bed 1 bath unit with a second-story balcony, approximately 953 sf. Great long-term tenants. Potential for re-development. Truly an amazing investment opportunity! PLEASE DRIVE BY THE PROPERTY ONLY. Tenant Occupied. Walker's Paradise score of 92!

Last Agent to Sell the Property

Marco Pirozzolo

Vista Sotheby's International Realty License #01918280 Listed on: 08/28/2020

Vista Sotheby's International Realty

Last Buyer's Agent

Ilana Marosi

LPT Realty, Inc License #02014718

LPT Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,459

Year Built

  • Built in 1924

Lot Details

  • 4,153 Sq Ft Lot
  • East Facing Home
  • Gated Home

Home Design

  • Colonial Architecture
  • Clay Roof

Interior Spaces

  • 1,713 Sq Ft Home
  • 1-Story Property
  • Dishwasher
  • Gas Dryer Hookup
  • Property Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 1 Car Attached Garage
  • 1 Carport Space
  • Driveway

Outdoor Features

  • Balcony

Utilities

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

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 4239-017-031

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • 2 Units
  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,459

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Spanish Colonial
  • Levels: One
  • Street Number Display: Yes
  • Building Permit: Yes
  • Living Area: 1713
  • Lot Acreage: 0.0953
  • Probate: No
  • Stories: 1
  • Year Built: 1924
  • Builders Tract Name: Venice Crest Tract
  • Number Of Photos: 16
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Common Walls: Attached
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Gas Dryer Hookup
  • Price Per S Q F T: 872.74

Exterior Features

  • Direction Faces: East
  • Other Features: Balcony
  • Other Structures: None
  • Tennis Court Y/N: No
  • Construction: Frame and Stucco
  • Pool: No
  • Roof: Clay
  • View: Any
  • View: Yes

Garage/Parking

  • Carport Spaces: 1
  • Covered Parking: 3
  • Garage Structures: 2
  • Parking Garage: Garage - 1 Car, Driveway, Attached

Utilities

  • Water Heater: Tankless
  • Heating: Wall
  • Security: Gated
  • Water: Public
  • Water Heaters: Yes

Association/Amenities

  • Pet Rules: Pets Permitted

Schools

  • School District: Los Angeles Unified

Lot Info

  • Assessed Improvement Percent: 6.88
  • Assessed Improvement Value: 102000
  • Assessed Land Percent: 93.12
  • Assessed Land Value: 1381080
  • Total Assessed Value: 1483080
  • Assessor Parcel Number: 4239-017-031
  • Lot Size Area: 4153

Rental Info

  • Land Lease Type: Fee
  • Lease Per Month Year: Month
  • Rent Control: Yes
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 18.00
  • Number Of Units: 2
  • Total Annual Expense: 8619
  • Type Of Units: .
  • Vacancy Rate: None

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2020
Closed on
Dec 1, 2020
Sold by
Keiser Joshua Martin and Keiser Leticia Lilia
Bought by
Dyson Nikki
Seller's Agent
Marco Pirozzolo
Vista Sotheby's International Realty
Buyer's Agent
Ilana Marosi
LPT Realty, Inc
List Price
$1,495,000
Sold Price
$1,355,000
Premium/Discount to List
-$140,000
-9.36%
Current Estimated Value
$2,245,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$890,426
Avg. Annual Appreciation
11.19%
Original Mortgage
$1,084,000
Outstanding Balance
$965,256
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$1,280,170

Purchase Details

Closed on
Jun 7, 2019
Sold by
Keiser Joshua Martin
Bought by
Keiser Joshua Martin and Keiser Leticia Lilia

Purchase Details

Closed on
Jul 18, 2018
Sold by
Baum Andrea
Bought by
Keiser Joshua Martin

Purchase Details

Closed on
May 9, 2018
Sold by
Baum Andrea
Bought by
Baum Andrea and Keiser Joshua Martin

Purchase Details

Closed on
Nov 23, 2017
Sold by
Wolfe Robert E
Bought by
Baum Andrea

Purchase Details

Closed on
Oct 24, 2017
Sold by
Keiser Joshua Martin
Bought by
Wolfe Robert E

Purchase Details

Closed on
Dec 1, 2016
Sold by
Keiser Leticia Lilia
Bought by
Keiser Joshua Martin

Purchase Details

Closed on
Apr 14, 2016
Sold by
Keiser Joshua Martin
Bought by
Keiser Joshua Martin and Keiser Leticia Lilia

Purchase Details

Closed on
Feb 12, 2016
Sold by
Wolfe Robert E
Bought by
Keiser Joshua Martin
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dyson Nikki $1,355,000 Fidelity National Title
Keiser Joshua Martin -- None Available
Keiser Joshua Martin -- None Available
Baum Andrea -- None Available
Baum Andrea -- None Available
Wolfe Robert E -- None Available
Keiser Joshua Martin -- None Available
Keiser Joshua Martin -- None Available
Keiser Joshua Martin -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dyson Nikki $1,084,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2021 01/13/21 Sold $1,355,000 -9.4% $791 / Sq Ft
11/22/2020 11/22/20 For Sale $1,495,000 +10.3% $873 / Sq Ft
11/21/2020 11/21/20 Pending -- -- --
11/09/2020 11/09/20 Off Market $1,355,000 -- --
09/28/2020 09/28/20 Price Changed $1,495,000 -6.3% $873 / Sq Ft
09/14/2020 09/14/20 Price Changed $1,595,000 -7.7% $931 / Sq Ft
08/28/2020 08/28/20 For Sale $1,728,000 -- $1,009 / Sq Ft
Source: The MLS

Tax History Compared to Growth

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 $17,459 $1,466,693 $1,028,309 $438,384
2024 $17,459 $1,437,936 $1,008,147 $429,789
2023 $17,120 $1,409,742 $988,380 $421,362
2022 $16,322 $1,382,100 $969,000 $413,100
2021 $992 $60,704 $23,975 $36,729
2020 $25,701 $2,118,540 $1,483,080 $635,460
2019 $968 $58,906 $23,265 $35,641
2018 $907 $57,752 $22,809 $34,943
2017 $17,910 $1,483,080 $1,381,080 $102,000
2016 $852 $55,511 $21,924 $33,587
2015 $842 $54,678 $21,595 $33,083
2014 $861 $53,607 $21,172 $32,435
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-624940

The MLS

APN: 4239-017-031