Seller's Agent in 2021
Filip Niculete
Marcus & Millichap
(818) 357-9525
2 in this area
105 Total Sales
We are proud to present this rare opportunity to build 2 units or homes at 1209 6th Avenue in Venice, California. Just one half mile from the world famous Venice Beach, this ideally located lot offers a total of 5,005 square feet of land (0.12 acres), and the RD1.5 zoning allows for 2 units or homes to be developed. The average new construction home in Venice sells for over $1,000 per square foot. With a max envelop of 9,163 SqFt allowed on this lot, a developer could build (2) 4,000 square foot homes on this lot, and then expect those two homes to sell for nearly $4M each. This development opportunity is ideal for the local developer looking to tap into one of the strongest rental and home sale markets in the country, and also for a savvy developer who knows how to navigate around the coastal and historic commissions.
Last Agent to Sell the Property
Marcus & Millichap License #01905352 Listed on: 08/17/2021
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $910,000 | First American Title Company O | ||
| $1,167,227 | First American Title Company O | ||
| -- | First American Title Company | ||
| $1,200,000 | First American Title Company |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $995,000 |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/17/2021 12/17/21 | Sold | $910,000 | -30.0% | $852 / Sq Ft |
| 09/15/2021 09/15/21 | Pending | -- | -- | -- |
| 08/17/2021 08/17/21 | For Sale | $1,300,000 | -- | $1,217 / Sq Ft |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $11,793 | $965,699 | $965,699 | -- |
| 2024 | $11,658 | $946,764 | $946,764 | -- |
| 2023 | $11,437 | $928,200 | $928,200 | $0 |
| 2022 | $10,909 | $910,000 | $910,000 | $0 |
| 2021 | $22,568 | $1,895,872 | $1,776,516 | $119,356 |
| 2020 | $22,805 | $1,876,434 | $1,758,301 | $118,133 |
| 2019 | $21,888 | $1,839,642 | $1,723,825 | $115,817 |
| 2018 | $21,800 | $1,803,572 | $1,690,025 | $113,547 |
| 2016 | $20,867 | $1,733,539 | $1,624,400 | $109,139 |
| 2015 | $20,559 | $1,707,500 | $1,600,000 | $107,500 |
| 2014 | -- | $30,156 | $14,777 | $15,379 |
Seller's Agent in 2021
Filip Niculete
Marcus & Millichap
(818) 357-9525
2 in this area
105 Total Sales
Source: The MLS
MLS Number: 21-773898
APN: 4239-026-001
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