NOT LISTED FOR SALE

11345 Venice Blvd Los Angeles, CA 90066

Mar Vista Neighborhood

Estimated Value: $1,623,000 - $2,346,621

7 Beds
4 Baths
3,310 Sq Ft
$620/Sq Ft Est. Value

Last Sold October 17, 2012

Last sale price $927,000 $280 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $11,899/month

48 Days on Market

About This Home

As of October 2012

Excellent opportunity to own a well maintained 2 story, 4 unit building West of the 405 Freeway. Currently one unit vacant. Great owner occupancy possibility. Large spacious units with generous closet space. Interior, plumbing and electrical upgrades. Newer water heaters and roof. Low maintenance building. Inside with accepted offer.

Last Agent to Sell the Property

Lisa Pound

Compass License #01229477 Listed on: 07/11/2012

Compass

Last Buyer's Agent

Jodi Summers

Sotheby's International Realty License #01343854

Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,970

Year Built

  • Built in 1962

Lot Details

  • 4,751 Sq Ft Lot

Home Design

  • 3,310 Sq Ft Home
  • Contemporary Architecture

Kitchen

  • Oven or Range
  • Disposal

Parking

  • 4 Parking Spaces
  • Uncovered Parking

Utilities

  • Heating System Mounted To A Wall or Window
  • Cable TV Available

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for gardener, water
  • Assessor Parcel Number 4234-003-054

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,970

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Contemporary
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 3310
  • Year Built: 1962
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Equipment: Garbage Disposal, Range/Oven, Refrigerator, Cable
  • Price Per S Q F T: 286.71

Exterior Features

  • Pool: No

Garage/Parking

  • Parking Garage: Uncovered
  • Total Parking: 4

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 275000
  • Assessed Land Value: 500000
  • Assessor Parcel Number: 4234-003-054
  • Lot Size Area: 4751

Rental Info

  • Owner Pays: Gardener, Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Type Of Units: 2+1,1+1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2012
Closed on
Sep 5, 2012
Sold by
Lee Wayne Wen Yen
Bought by
Delpiccolo Guido L Davis and Del Piccolo Lara Davis
Seller's Agent
Lisa Pound
Compass
Buyer's Agent
Jodi Summers
Sotheby's International Realty
List Price
$949,000
Sold Price
$927,000
Premium/Discount to List
-$22,000
-2.32%
Current Estimated Value
$2,050,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,123,905
Avg. Annual Appreciation
6.28%
Original Mortgage
$648,900
Outstanding Balance
$447,952
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$1,602,953

Purchase Details

Closed on
Jun 29, 2010
Sold by
Lee Chuyu
Bought by
Lee Wayne Wen Yen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$581,250
Interest Rate
4.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2010
Sold by
Kesselman Edward N
Bought by
Lee Wayne Wen Yen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$581,250
Interest Rate
4.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2008
Sold by
Stage Jurate
Bought by
Alden Jaclyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$591,430
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 5, 2008
Sold by
Knapp Mike
Bought by
Stage Jurate

Purchase Details

Closed on
Nov 16, 2006
Sold by
Stage Jurate
Bought by
Knapp Mike

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
9.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 9, 2003
Sold by
Ramonas Elena
Bought by
Stage Jurate

Purchase Details

Closed on
Jun 12, 2003
Sold by
Ruano P Maury
Bought by
Ramonas Elena and The Elena Ramonas Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 23, 1998
Sold by
Espinoza Estela E
Bought by
Martinez Espinoza Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.06%

Purchase Details

Closed on
Apr 17, 1998
Sold by
Jewis Home For The Aging
Bought by
Ruano P Maury and Martinez Espinoza Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.06%

Purchase Details

Closed on
Dec 12, 1997
Sold by
Berkowitz Max
Bought by
Berkowitz Ruth

Purchase Details

Closed on
Dec 4, 1997
Sold by
Berkowitz Ruth
Bought by
Jewish Home For The Aging
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Delpiccolo Guido L Davis $927,000 Lawyers Title Company
Lee Wayne Wen Yen -- Fidelity National Title Co
Lee Wayne Wen Yen $775,000 Fidelity Van Nuys
Alden Jaclyn -- None Available
Stage Jurate $515,695 Accommodation
Knapp Mike $1,050,000 Southland Title Corporation
Stage Jurate -- --
Ramonas Elena $555,000 United Title Company
Martinez Espinoza Jorge -- Stewart Title
Ruano P Maury $275,000 Stewart Title
Berkowitz Ruth -- Fidelity Title
Jewish Home For The Aging -- Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delpiccolo Guido L Davis $648,900
Previous Owner Lee Wayne Wen Yen $581,250
Previous Owner Alden Jaclyn $591,430
Previous Owner Knapp Mike $650,000
Previous Owner Ramonas Elena $160,000
Previous Owner Ruano P Maury $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2012 10/17/12 Sold $927,000 -2.3% $280 / Sq Ft
08/28/2012 08/28/12 Pending -- -- --
07/11/2012 07/11/12 For Sale $949,000 -- $287 / 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 $13,970 $1,141,520 $880,466 $261,054
2024 $13,970 $1,119,138 $863,202 $255,936
2023 $13,707 $1,097,195 $846,277 $250,918
2022 $13,081 $1,075,683 $829,684 $245,999
2021 $12,910 $1,054,592 $813,416 $241,176
2020 $13,039 $1,044,160 $805,076 $239,084
2019 $12,529 $1,023,695 $789,291 $234,404
2018 $12,460 $1,003,631 $773,815 $229,816
2016 $11,904 $964,296 $743,768 $220,528
2015 $11,733 $949,812 $732,596 $217,216
2014 $11,791 $931,208 $718,246 $212,962
Source: Public Records

Agents Affiliated with this Home

  • Lisa Pound

    Seller's Agent in 2012

    Lisa Pound

    Compass

    (310) 710-6149

    37 Total Sales

    Lisa Pound
    Section Image

  • J

    Buyer's Agent in 2012

    Jodi Summers

    Sotheby's International Realty

    Section Image
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Map

Source: The MLS

MLS Number: 12-612517

The MLS

APN: 4234-003-054

California Los Angeles County Los Angeles 90066 Mar Vista

11345 Venice Blvd, Los Angeles, CA

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