NOT LISTED FOR SALE

Estimated Value: $1,493,000 - $1,985,719

4 Beds
2 Baths
1,760 Sq Ft
$1,007/Sq Ft Est. Value

Last Sold March 03, 2022

Last sale price $1,432,000 $814 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $10,774/month

66 Days on Market

Highlights

  • City View
  • Living Room with Fireplace
  • Corian Countertops
  • Coeur D'Alene Avenue Elementary School Rated A-
  • Wood Flooring
  • 2 Car Garage

About This Home

As of March 2022

Charming 1951 Duplex in Venice, a short walk to Abbot Kinney and the beach, offers character and two comfortably sized units on an LAR2 lot. Can be delivered VACANT at close of escrow. Enjoy the westside weather in the completely fenced and spacious backyard. Each unit offers two bedrooms, one bathroom, hardwood floors, ample dining area separated by a breakfast bar in the kitchen, and in-unit laundry. Detached garage and driveway allows for off-street parking. Perfect for an owner occupant who wants an income unit as well, or for future development.

Last Agent to Sell the Property

Jenna Macari

Compass License #01423993 Listed on: 11/04/2021

Compass

Last Buyer's Agent

Jenna Macari

Compass License #01423993 Listed on: 11/04/2021

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 4,197 Sq Ft Lot
  • Lot Dimensions are 40x105
  • South Facing Home
  • Back Yard

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Driveway

Home Design

  • Duplex
  • Bungalow
  • Pillar, Post or Pier Foundation
  • Raised Foundation
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 1,760 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Area
  • City Views

Kitchen

  • Galley Kitchen
  • Gas Oven
  • Range
  • Corian Countertops
  • Laminate Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Location

  • City Lot

Utilities

  • Floor Furnace
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater
  • Sewer in Street

Community Details

  • 2 Units
  • Rent Control

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • The owner pays for gardener, water
  • Assessor Parcel Number 4237-029-009

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Style: Bungalow
  • Levels: One
  • Street Number Display: Yes
  • ADA Compliant: No
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Delivered VACANT at close of escrow. Charming 1951 Duplex in Venice, a short walk to Abbot Kinney and the beach, offers character and two comfortably sized units on a large LAR2 lot. Enjoy the westside weather in the completely fenced and spacious backyard. Each unit offers two bedrooms, one bathroom, hardwood floors, ample dining areas separated by a breakfast bar in the kitchen, and in-unit laundry. Detached garage and driveway allows for off-street parking. Perfect for an owner occupant who wants an income unit as well, or for future development.
  • Entry Location: Ground Level w/steps
  • Living Area: 1760
  • Lot Acreage: 0.0964
  • Lot Dimensions: 40x105
  • Probate: No
  • Property Condition: No Additions/Alter
  • Stories: 2
  • Year Built: 1951
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dishwasher: 0
  • Number Disposal: 2
  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Carpet
  • Appliances: Oven-Gas, Range
  • Bedrooms: 4
  • Common Walls: Attached
  • Kitchen Features: Galley Kitchen, Laminate Counters, Corian Counters
  • Laundry: Inside, In Unit
  • Laundry Equipment: Own
  • Total Bathrooms: 2.00
  • Equipment: Washer, Dryer, Ceiling Fan, Range/Oven, Refrigerator, Garbage Disposal
  • Price Per S Q F T: 906.25

Exterior Features

  • Direction Faces: South
  • Construction: Stucco, Wood Siding
  • Other Features: Partial Copper Plumbing
  • Other Structures: None
  • Tennis Court Y/N: No
  • Foundation Details: Pillar/Post/Pier, Raised
  • Pool: No
  • Roof: Composition, Shingle
  • Spa Yn: No
  • View: City
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Garage Structures: 1
  • Number Rented Garages: 0
  • Parking Garage: Detached, Driveway, Garage Is Detached, Garage - 2 Car
  • Total Parking: 4

Utilities

  • Water Heater: Gas
  • Cooling: Ceiling Fan
  • Heating: Wall Gas, Floor Furnace
  • Number Gas Meters: 2
  • Number Water Meters: 2
  • Sewer: In Street, In Street Paid
  • Water: Public
  • Water Heaters: Yes

Lot Info

  • Additions Alterations: No
  • Assessed Improvement Percent: 30.06
  • Assessed Improvement Value: 263790
  • Assessed Land Percent: 69.94
  • Assessed Land Value: 613750
  • Total Assessed Value: 877540
  • Assessor Parcel Number: 4237-029-009
  • Lot Description: Back Yard, Street Paved, Street Lighting, Yard
  • Lot Location: City
  • Lot Size Area: 4197

Rental Info

  • Number Leased: 2
  • Total Actual Rent: 56572.00
  • Owner Pays: Gardener, Water
  • Rent Control: Yes
  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 26.00
  • Number Of Units: 2
  • Rent Control: 100
  • Type Of Units: Duplex

Tax Info

  • Mello Roos: Unknown

MLS Schools

  • School District: Palos Verdes / LAUSD - Inquire

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2024
Sold by
Alexandra Lamm Family Trust and Lamm Alexandra Donnelley
Bought by
Zimmerman Ii Family Trust and Zimmerman
Current Estimated Value
$1,771,930

Purchase Details

Listed on
Nov 4, 2021
Closed on
Jan 28, 2022
Sold by
William Michael Gallagher Trust
Bought by
Alexandra Lamm Family Trust
Seller's Agent
Jenna Macari
Compass
Buyer's Agent
Jenna Macari
Compass
List Price
$1,595,000
Sold Price
$1,432,000
Premium/Discount to List
-$163,000
-10.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.66%

Purchase Details

Closed on
Jun 12, 2014
Sold by
Moryl Jon D and Moryl Colleen
Bought by
The Jon D Moryl & Colleen Moryl Family T

Purchase Details

Closed on
Apr 21, 2014
Sold by
Gallagher William M
Bought by
Gallagher William Michael and The William M Gallagher Trust

Purchase Details

Closed on
Mar 24, 2010
Sold by
Moser Reta C and Reta C Moser Trust
Bought by
Gallagher William M and Moryl Jon D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$443,500
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2006
Sold by
Moser Reta
Bought by
Moser Reta C and Reta C Moser Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zimmerman Ii Family Trust $750,000 None Listed On Document
Alexandra Lamm Family Trust $1,432,000 Lawyers Title
The Jon D Moryl & Colleen Moryl Family T -- None Available
Gallagher William Michael -- None Available
Gallagher William M $743,500 Lawyers Title Company
Moser Reta C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gallagher William M $443,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2022 03/03/22 Sold $1,432,000 -10.2% $814 / Sq Ft
01/09/2022 01/09/22 Pending -- -- --
01/07/2022 01/07/22 Price Changed $1,595,000 0.0% $906 / Sq Ft
01/07/2022 01/07/22 For Sale $1,595,000 +11.4% $906 / Sq Ft
12/24/2021 12/24/21 Off Market $1,432,000 -- --
11/04/2021 11/04/21 For Sale $1,495,000 -- $849 / 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 $18,106 $1,509,823 $1,264,224 $245,599
2024 $18,106 $1,489,852 $1,248,480 $241,372
2023 $17,755 $1,460,640 $1,224,000 $236,640
2022 $10,775 $904,362 $632,510 $271,852
2021 $10,638 $886,630 $620,108 $266,522
2019 $10,319 $860,334 $601,716 $258,618
2018 $10,265 $843,466 $589,918 $253,548
2016 $9,813 $810,714 $567,011 $243,703
2015 $9,669 $798,537 $558,494 $240,043
2014 $9,708 $782,895 $547,554 $235,341
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-102405

The MLS

APN: 4237-029-009