NOT LISTED FOR SALE

Estimated Value: $1,572,000 - $1,947,000

4 Beds
3 Baths
1,725 Sq Ft
$974/Sq Ft Est. Value

Last Sold September 26, 2025

Last sale price $1,575,000 $913 Per Sq Ft

24 Days on Market

Highlights

  • Primary Bedroom Suite
  • City View
  • Corner Lot
  • Venice High School Rated A
  • Wood Flooring
  • Granite Countertops

About This Home

As of September 2025

Two delightful Venice houses on one lot. Looking for flexibility? Great as a family compound or for partners. Live in one and rent the other or rent them both. Great location in quiet and convenient East of Lincoln neighborhood. The front unit, 1632 Penmar, is a traditional sunny 2 bedroom, 1 bath with a fenced yard and raised veggie bed. The interior features a large living room and open floor plan kitchen with breakfast bar and includes stacked washer/dryer. The back house, 1205 Appleton, is a two story, 2 bedroom 2 bath. Downstairs is the living room, kitchen and bathroom. The spacious kitchen features granite countertops, stainless steel appliances, plenty of cabinets, and dining area. Upstairs is the primary suite with a full bathroom and walk in closet plus the 2nd bedroom. The second floor also features a stacked washer/dryer, private balcony, and plenty of windows. The house is vacant and ready to go. Off the kitchen is a large private fenced patio with a roomy storage shed, plenty of room for bikes, surfboards, shade area for yoga, or kid's play area. This amazing location is minutes to Penmar Park, Penmar golf course, shopping and dining at The Penmar and Zinque, Whole Foods, Rose Ave and Lincoln Blvd restaurants and shops, Santa Monica and of course, Venice beach. Walgrove Elementary is nearby with their amazing native plants and veggie garden. 3 parking.

Last Agent to Sell the Property

Janin Paine

Compass License #00926341 Listed on: 08/02/2025

Compass

Last Buyer's Agent

Melissa Ellis

Berkshire Hathaway HomeServices California Properties License #01905986

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 3,840 Sq Ft Lot
  • Fenced Yard
  • Corner Lot
  • Lawn

Home Design

  • Duplex
  • Split Level Home

Interior Spaces

  • 1,725 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Area
  • City Views

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Driveway

Outdoor Features

  • Balcony
  • Open Patio
  • Shed

Utilities

  • Window Unit Cooling System
  • Central Heating
  • Heating System Mounted To A Wall or Window
  • Property is located within a water district

Listing and Financial Details

  • Assessor Parcel Number 4244-019-001

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Entry Location: Living Room
  • Living Area: 1725
  • Lot Acreage: 0.0881
  • Probate: No
  • Year Built: 1946
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Flooring: Tile, Hardwood, Wood
  • Appliances: Gas
  • Bedrooms: 4
  • Bedroom Features: WalkInCloset, Primary Suite
  • Kitchen Features: Granite Counters
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Equipment: Refrigerator, Range/Oven, Dishwasher, Washer, Dryer, Ceiling Fan, Stackable W/D Hookup
  • Price Per S Q F T: 921.74

Exterior Features

  • Other Features: Balcony, Two On A Lot
  • Other Structures: Shed(s)
  • Patio: Balcony
  • View: City
  • View: Yes

Garage/Parking

  • Other Spaces: 3
  • Parking Garage: Uncovered, Driveway
  • Total Parking: 3

Utilities

  • Cooling: Window Unit(s)
  • Heating: Wall, Central
  • Security: Gated
  • Water: Water District
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 30.92
  • Assessed Improvement Value: 515518
  • Assessed Land Percent: 69.08
  • Assessed Land Value: 1151826
  • Total Assessed Value: 1667344
  • Assessor Parcel Number: 4244-019-001
  • Lot Description: Back Yard, Fenced, Fenced Yard, Front Yard, Lawn, Yard
  • Lot Location: Corner Lot
  • Lot Size Area: 3840

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 18.27
  • Number Of Units: 2
  • Rent Control: 100
  • Type Of Units: Duplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2025
Closed on
Sep 9, 2025
Sold by
Regalado John Robert and Hurley Katherine Brinton
Bought by
Mandel Steven J and Mandel Robin C
Seller's Agent
Janin Paine
Compass
Buyer's Agent
Melissa Ellis
Berkshire Hathaway HomeServices California Properties
List Price
$1,625,000
Sold Price
$1,575,000
Premium/Discount to List
-$50,000
-3.08%
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.48%
Original Mortgage
$945,000
Outstanding Balance
$943,966
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$736,106

Purchase Details

Closed on
Jan 25, 2022
Sold by
Regaldo John Robert and Hurley Katherine Brinton
Bought by
Regaldo John Robert and Hurley Katherine Brinton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,218,750
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2016
Sold by
Chen James
Bought by
Chen James and Chen Tina Ko

Purchase Details

Listed on
Mar 10, 2016
Closed on
May 13, 2016
Sold by
Wells Heather Jane
Bought by
Chen James and Chen Tina Ko
Seller's Agent
B Ruth Allen
Rapid Action Realty
Buyer's Agent
Anita Jones
Rapid Action Realty
List Price
$15,999,000
Sold Price
$1,150,000
Premium/Discount to List
-$14,849,000
-92.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.06%
Original Mortgage
$750,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2000
Sold by
Baron David
Bought by
Wells Heather Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,600
Interest Rate
7.86%

Purchase Details

Closed on
May 25, 1999
Sold by
Family Trust Willacker John F Co Tr Willacker and Willacker Bonnie D
Bought by
Baron David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
7.4%
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
Mandel Steven J $1,575,000 Monarch Title
Regaldo John Robert -- First American Mortgage Soluti
Chen James -- None Available
Chen James $1,150,000 Fidelity National Title Co
Wells Heather Jane $337,000 United Title Company
Baron David $255,000 Progressive Title Company
Baron David -- Progressive Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mandel Steven J $945,000
Previous Owner Regaldo John Robert $1,218,750
Previous Owner Chen James $750,000
Previous Owner Wells Heather Jane $269,600
Previous Owner Baron David $204,000
Closed Baron David $25,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/26/2025 09/26/25 Sold $1,575,000 -0.9% $913 / Sq Ft
08/26/2025 08/26/25 Pending -- -- --
08/20/2025 08/20/25 Price Changed $1,590,000 -2.2% $922 / Sq Ft
08/02/2025 08/02/25 For Sale $1,625,000 +1.4% $942 / Sq Ft
09/23/2021 09/23/21 Sold $1,602,600 +1.8% $929 / Sq Ft View Prior Sale
09/07/2021 09/07/21 Pending -- -- --
08/20/2021 08/20/21 For Sale $1,575,000 +37.0% $913 / Sq Ft
05/27/2016 05/27/16 Sold $1,150,000 -92.8% $533 / Sq Ft View Prior Sale
04/12/2016 04/12/16 Pending -- -- --
10/16/2015 10/16/15 For Sale $15,999,000 -- $7,410 / 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 $20,277 $1,700,690 $1,174,862 $525,828
2024 $20,277 $1,667,344 $1,151,826 $515,518
2023 $19,884 $1,634,652 $1,129,242 $505,410
2022 $18,955 $1,602,600 $1,107,100 $495,500
2021 $15,041 $1,257,690 $929,597 $328,093
2019 $14,589 $1,220,388 $902,026 $318,362
2018 $14,534 $1,196,460 $884,340 $312,120
2016 $13,821 $1,142,937 $381,863 $761,074
2015 $6,231 $513,113 $376,128 $136,985
2014 $6,261 $503,063 $368,761 $134,302
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25573075

The MLS

APN: 4244-019-001