NOT LISTED FOR SALE
14 Beds
14 Baths
5,944 Sq Ft
7,101 Sq Ft Lot

Last Sold May 15, 2024

Last sale price $2,175,000 $366 Per Sq Ft

128 Days on Market

Highlights

  • Colonial Architecture
  • Courtyard Views
  • Built-In Features
  • Venice High School Rated A
  • Balcony
  • Attached Carport

About This Home

As of May 2024

Location, Location, Location. A great neighborhood. A rare seven unit building, six townhomes and one flat unit over the car port. All the units are two bedrooms, two Baths. Property has a new roof with new rain gutters. laundry income $250. per month. Assumable $1,159,000 at 4.44% financing. Great value, great area and upside. Property sold as is condition.

Last Agent to Sell the Property

Allen Sarlo

Estate Properties License #00635905 Listed on: 11/28/2023

Estate Properties

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 7,101 Sq Ft Lot
  • South Facing Home

Home Design

  • Colonial Architecture
  • Split Level Home
  • Cosmetic Repairs Needed
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 5,944 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Blinds
  • Window Screens
  • Courtyard Views
  • Fire and Smoke Detector

Kitchen

  • Gas Cooktop
  • Disposal

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 14 Bathrooms

Parking

  • 7 Parking Spaces
  • Attached Carport

Outdoor Features

  • Balcony

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Sewer in Street

Community Details

  • 7 Units
  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for water
  • Assessor Parcel Number 4236-017-019

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Colonial
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Advertising Remarks: Location, location, location. West of Centinela Ave. A Great seven unit building six townhomes and one flat unit over the car port. All units are two bedrooms, two Baths. Assumable $900,000. at 4.1/2% financing. Property sold as is conditions.
  • Building Permit: Yes
  • Entry Location: Main Level
  • Living Area: 5944
  • Lot Acreage: 0.1630
  • Price Per Unit: 342000.00
  • Probate: No
  • Property Condition: Repair Cosmetic
  • Stories: 2
  • Year Built: 1963
  • Number Of Photos: 22
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas, Cooktop - Gas
  • Bedrooms: 14
  • Laundry: Community
  • Total Bathrooms: 14.00
  • Equipment: Garbage Disposal, Built-Ins
  • Price Per S Q F T: 395.36
  • Windows: Screens, Mini Blinds, Window Blinds

Exterior Features

  • Direction Faces: South
  • Construction: Stucco
  • Other Features: Balcony
  • Other Structures: None
  • Construction: Frame and Stucco
  • Roof: Asphalt
  • View: Courtyard
  • View: Yes

Garage/Parking

  • Parking Garage: Carport Attached
  • Total Parking: 7

Utilities

  • Water Heater: Gas
  • Cooling: Wall Unit(s)
  • Heating: Natural Gas
  • Security: Smoke Detector
  • Sewer: In Street
  • Water: In Street, Meter on Property

Lot Info

  • Assessed Improvement Percent: 34.43
  • Assessed Improvement Value: 304142
  • Assessed Land Percent: 65.57
  • Assessed Land Value: 579327
  • Total Assessed Value: 883469
  • Assessor Parcel Number: 4236-017-019
  • Lot Size Area: 7101

Rental Info

  • Total Actual Rent: 162540.00
  • Owner Pays: Water
  • Tenant Pays: Gas, Electricity, Cable TV

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112
  • Gross Rent Multiplier: 14.45
  • Number Of Units: 7
  • Total Annual Expense: 41919
  • Type Of Units: townhouse
  • Vacancy Rate: 0

Range of Values:

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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
05/15/2024 05/15/24 Sold $2,175,000 -7.4% $366 / Sq Ft
04/04/2024 04/04/24 Pending -- -- --
03/04/2024 03/04/24 Price Changed $2,350,000 -2.0% $395 / Sq Ft
02/14/2024 02/14/24 Price Changed $2,399,000 -5.9% $404 / Sq Ft
11/28/2023 11/28/23 For Sale $2,549,000 -- $429 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-335867

The MLS