NOT LISTED FOR SALE
15 Beds
8 Baths
5,984 Sq Ft
6,970 Sq Ft Lot

Last Sold September 26, 2018

Last sale price $2,750,000 $460 Per Sq Ft

15 Days on Market

About This Home

As of September 2018

This is a fantastic investment opportunity with great added value potential! 8 units, fully occupied, in coveted Mar Vista location. Gateway to the Marina. Close to Venice Beach, Marina Del Rey, and lots of shopping and entertainment. Newly re-piped entire building, fresh exterior paint and landscaping. No seismic retrofitting required!

Last Agent to Sell the Property

Manuel Galvan

Chris Walter Realty License #00546724 Listed on: 07/08/2018

Last Buyer's Agent

Nico Rosmarin

Lyon Stahl Investment Real Estate, Inc. License #02023847

Lyon Stahl Investment Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 7,100

Interior Spaces

  • 5,984 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 8 Bathrooms

Parking

  • 7 Parking Spaces
  • Assigned Parking

Additional Features

  • 7,100 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 4236-019-022

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

7,100 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: This is a fantastic investment opportunity with great added value potential! 8 units, fully occupied, in coveted Mar Vista location. Gateway to the Marina. Close to Venice Beach, Marina Del Rey, and lots of shopping and entertainment. Newly re-piped entire building, fresh exterior paint and landscaping. No seismic retrofitting required!
  • Living Area: 5984
  • Stories: 2
  • Year Built: 1957
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 15
  • Total Bathrooms: 8.00
  • Equipment: Garbage Disposal, Hood Fan, Range/Oven, Refrigerator
  • Price Per S Q F T: 484.63

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 7

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 792184
  • Assessed Land Value: 1056244
  • Assessor Parcel Number: 4236-019-022
  • Geocode Override: No
  • Lot Size Area: 7100

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
  • Gross Rent Multiplier: 18.60
  • Number Of Units: 8
  • Rent Control: 100
  • Type Of Units: 7-2/1; 1-1/1
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/26/2018 09/26/18 Sold $2,750,000 -5.2% $460 / Sq Ft
07/08/2018 07/08/18 For Sale $2,900,000 +65.7% $485 / Sq Ft
09/18/2013 09/18/13 Sold $1,750,000 0.0% $292 / Sq Ft View Prior Sale
07/18/2013 07/18/13 Pending -- -- --
07/01/2013 07/01/13 For Sale $1,750,000 -- $292 / 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 $905,082 $19,065,689 $11,965,689 $7,100,000
2024 $905,082 $11,731,072 $11,731,072 --
2023 $139,114 $11,501,051 $11,501,051 $0
2022 $42,429 $3,408,850 $2,442,371 $966,479
2021 $41,025 $3,342,011 $2,394,482 $947,529
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-362356

The MLS
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