$1,150,000
SOLD MAY 27, 2016
3 Beds
3 Baths
2,159 Sq Ft
3,840 Sq Ft Lot

Recently Sold

$533 Per Sq Ft

93% Below List Price

179 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • No HOA
  • Laundry Room
  • Venice High School Rated A
  • Cooling System Powered By Gas
  • Central Heating and Cooling System

About This Home

As of September 2021

This is a two family dwelling. Duplex Owner lives in the two story unit. The one story rents for $1,925.00
1.5 miles from the beach.
Sq ft of each unit : 1205 Appleton Wy 1st floor 700 sq ft 2nd story 609 sq ft total 1,309
Penmar house 850 sq ft.
Lot size 3,840 Re zoned in 2010 RD3
RD3 (if torn down one single family house can be built only 3,000 sq ft )

Last Agent to Sell the Property

B Ruth Allen

Rapid Action Realty License #00671379 Listed on: 03/10/2016

Last Buyer's Agent

Anita Jones

Rapid Action Realty License #00927288

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,277

Year Built

  • Built in 2008

Lot Details

  • 3,840 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 2 Parking Spaces

Home Design

  • Slab Foundation

Interior Spaces

  • 2,159 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • 3 Bathrooms
  • Fireplace in Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer Hookup

Utilities

  • Cooling System Powered By Gas
  • Central Heating and Cooling System
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 67
  • Assessor Parcel Number 4244019001

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $6,500
  • Insurance Expense $12,500
  • Trash Expense $6,500
  • Water Sewer Expense $3,500
  • New Taxes Expense $200,000
  • Gross Income $1,925
  • Net Operating Income $182,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,277

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Other Phone Description: 323 755-8636
  • Other Phone Number: 213 760-0867
  • Property Attached: No
  • Water Sewer Expenses: 3500.00
  • Zoning: R 3
  • Property Type: Residential Income
  • Parcel Number: 4244019001
  • Year Built: 2008
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Fireplace Features: Bath, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 532.65

Exterior Features

  • Foundation: Slab
  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Upper Level, Washer Hookup
  • Sewer: Unknown
  • Trash Expense: 6500.00
  • Water Source: Public
  • Cooling: Central Air, Electric, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Front Yard
  • Lot Size Sq Ft: 3840.00
  • Price Per Lot Square Foot: 299.48
  • Lot Size Acres: 0.0880

Multi Family

  • Electric Expense: 6500.00
  • Gross Income: 1925.00
  • Gross Scheduled Income: 192500.00
  • Insurance Expense: 12500.00
  • Lot Size Area: 3840.0000 Square Feet
  • Net Operating Income: 182500.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 60.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 200000.00
  • Tax Lot: 1
  • Tax Tract Number: 67

Ownership History

Date Name Owned For Owner Type

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
Current Estimated Value
$2,004,206

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

Listed on
Aug 20, 2021
Closed on
Sep 7, 2021
Sold by
Chen James and Chen Tina Ko
Bought by
Regalado John Robert and Hurley Katherine Brinton
Seller's Agent
Tracey Becker
Compass
Buyer's Agent
Janin Paine
Compass
List Price
$1,575,000
Sold Price
$1,602,600
Premium/Discount to List
$27,600
1.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.03%

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
6.26%
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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- First American Mortgage Soluti
Grant Deed $1,603,000 Stewart Title
Interfamily Deed Transfer -- None Available
Grant Deed $1,150,000 Fidelity National Title Co
Grant Deed $337,000 United Title Company
Grant Deed $255,000 Progressive Title Company
Grant Deed -- Progressive Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,218,750 New Conventional
Previous Owner $750,000 New Conventional
Previous Owner $281,000 New Conventional
Previous Owner $125,000 Credit Line Revolving
Previous Owner $292,000 Unknown
Previous Owner $250,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Previous Owner $298,000 Unknown
Previous Owner $275,000 Unknown
Previous Owner $269,600 No Value Available
Previous Owner $50,000 Stand Alone Second
Previous Owner $204,000 No Value Available
Closed $25,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2021 09/23/21 Sold $1,602,600 +1.8% $929 / Sq Ft
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
04/12/2016 04/12/16 Pending -- -- --
10/16/2015 10/16/15 For Sale $15,999,000 -- $7,410 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
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: California Regional Multiple Listing Service (CRMLS)

MLS Number: IN15227958

California Regional Multiple Listing Service (CRMLS)

APN: 4244-019-001