NOT LISTED FOR SALE

Estimated Value: $2,342,000 - $2,987,388

6 Beds
2 Baths
2,423 Sq Ft
$1,050/Sq Ft Est. Value

Last Sold October 03, 2023

Last sale price $2,300,000 $949 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $15,717/month

30 Days on Market

Highlights

  • 0.25 Acre Lot
  • Wood Flooring
  • 1-Story Property
  • Venice High School Rated A
  • Built-In Features
  • Forced Air Heating System

About This Home

As of October 2023

Great location. Development Opportunity! Two houses on 10,890 Sq ft lot, both 3 bdrms 1.5 bas. Tenant occupied. Rented for $4000/mo and $2781/mo. Month to month, rent control. $81,372 gross income. Sign in front. Please do not disturb occupants. Inside with an accepted offer only!

Last Agent to Sell the Property

Cathy Wood

Rodeo Realty Inc License #01432497 Listed on: 08/01/2023

Rodeo Realty Inc

Last Buyer's Agent

Lisa Combs

Compass License #01988791

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 10,886 Sq Ft Lot
  • Lot Dimensions are 63x174
  • Fenced
  • Value in Land
  • Property is zoned LAR1

Parking

  • 4 Car Garage

Home Design

  • Stucco

Interior Spaces

  • 2,423 Sq Ft Home
  • 1-Story Property
  • Built-In Features

Kitchen

  • Gas Cooktop
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 4242-013-016

Community Details

Overview

  • 2 Units
  • Holley Property Management, Inc Association

Building Details

  • Rent Control

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

10,886 Sq Ft Lot

Parking

4

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: Yes
  • Living Area: 2423
  • Lot Acreage: 0.2499
  • Lot Dimensions: 63x174
  • Probate: No
  • Property Condition: Value Mainly In Land
  • Year Built: 1950
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Flooring: Carpet, Hardwood
  • Appliances: Cooktop - Gas, Built-In And Free Standing
  • Bedrooms: 6
  • Common Walls: Detached/No Common Walls
  • Total Bathrooms: 2.00
  • Equipment: Built-Ins, Garbage Disposal
  • Price Per S Q F T: 1031.78

Exterior Features

  • Construction: Stucco
  • Other Features: Two On A Lot
  • Other Structures: None
  • Paved: Yes
  • Spa Yn: No

Garage/Parking

  • Garage Spaces: 4
  • Garage Structures: 2
  • Parking Garage: Garage - 2 Car
  • Total Parking: 4

Utilities

  • Heating: Forced Air
  • Sewer: In Street

Condo/Co-op/Association

  • Management Company: Holley Property Management, Inc
  • Mgmt Co Phone: 3103063668|

Lot Info

  • Assessed Improvement Percent: 54.11
  • Assessed Improvement Value: 80883
  • Assessed Land Percent: 45.89
  • Assessed Land Value: 68583
  • Total Assessed Value: 149466
  • Assessor Parcel Number: 4242-013-016
  • Lot Description: Alley Paved, Curbs, Fenced, Street Paved, Street Lighting, Street Asphalt, Sidewalks
  • Lot Location: Alley Access, Flats
  • Lot Size Area: 10886

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Type Of Units: 2 houses

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2023
Closed on
Sep 22, 2023
Sold by
Buran Sean C
Bought by
Sean C Buran Trust and Buran
Seller's Agent
Cathy Wood
Rodeo Realty Inc
Buyer's Agent
Lisa Combs
Compass
List Price
$2,999,000
Sold Price
$2,300,000
Premium/Discount to List
-$699,000
-23.31%
Views
86
Current Estimated Value
$2,543,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,097
Avg. Annual Appreciation
4.15%
Original Mortgage
$1,840,000
Outstanding Balance
$1,800,210
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$742,887

Purchase Details

Listed on
Aug 1, 2023
Closed on
Sep 1, 2023
Sold by
Alice S Morse Irrevocable Catastrophic P
Bought by
Buran Sean C
Seller's Agent
Cathy Wood
Rodeo Realty Inc
Buyer's Agent
Lisa Combs
Compass
List Price
$2,999,000
Sold Price
$2,300,000
Premium/Discount to List
-$699,000
-23.31%
Views
86

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,840,000
Outstanding Balance
$1,800,210
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$742,887

Purchase Details

Closed on
Jun 22, 2017
Sold by
Morse Alice S
Bought by
Roth Linda and Ellis Terry

Purchase Details

Closed on
Apr 11, 2000
Sold by
Morse Alice S Trs Morse Family Trust
Bought by
Morse Alice S and The Morse Family Trust

Purchase Details

Closed on
Dec 19, 1996
Sold by
Morse Leo E and Morse Alice S
Bought by
Sovie Morse Leo Eddy and Sovie Morse Alice
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sean C Buran Trust -- Progressive Title Company
Buran Sean C $2,300,000 Progressive Title Company
Roth Linda -- None Available
Morse Alice S -- None Available
Morse Alice S -- --
Sovie Morse Leo Eddy -- Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buran Sean C $1,840,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2023 10/03/23 Sold $2,300,000 -8.0% $949 / Sq Ft
09/19/2023 09/19/23 Price Changed $2,500,000 -16.6% $1,032 / Sq Ft
08/31/2023 08/31/23 Pending -- -- --
08/01/2023 08/01/23 For Sale $2,999,000 -- $1,238 / Sq Ft
Source: The MLS

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 $28,084 $2,346,000 $2,040,000 $306,000
2024 $28,084 $2,300,000 $2,000,000 $300,000
2023 $2,324 $152,454 $69,954 $82,500
2022 $2,235 $149,466 $68,583 $80,883
2021 $2,194 $146,537 $67,239 $79,298
2020 $2,209 $145,035 $66,550 $78,485
2019 $2,139 $142,193 $65,246 $76,947
2018 $2,007 $139,406 $63,967 $75,439
2016 $1,900 $133,994 $61,484 $72,510
2015 $1,877 $131,982 $60,561 $71,421
2014 $1,901 $129,397 $59,375 $70,022
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 23-296083

The MLS

APN: 4242-013-016

Your Personal Tour Guide

Ask me questions while you tour the home.