NOT LISTED FOR SALE

Estimated Value: $1,445,000 - $1,667,552

6 Beds
4 Baths
2,259 Sq Ft
$678/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $1,400,000 $620 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $8,689/month

31 Days on Market

Highlights

  • City View
  • Contemporary Architecture
  • Wood Flooring
  • Venice High School Rated A
  • Living Room with Fireplace
  • 4-minute walk to Bill Rosendahl Del Rey Park

About This Home

As of February 2024

Long-time family-owned wonderful duplex in a prime Mar Vista location just minutes from Pacific Shore, Marina del Rey, & Venice Beach close to restaurants & shops. The front unit has 3 bedrooms 1.75 baths as does the rear unit with 3 bedrooms 1.75 baths rear unit is a two-story. Amazing location next to grocery, movies, eateries & park. Unmatched upsize in rents and/or perfect for owner occupancy + offset with additional rental income or a straight investment. Both units are occupied by tenants with tons of upside. Don't miss it.

Last Agent to Sell the Property

Louis Perez

Tradewind Realty License #01218758 Listed on: 12/07/2023

Last Buyer's Agent

Louis Perez

Tradewind Realty License #01218758 Listed on: 12/07/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,072

Year Built

  • Built in 1951

Lot Details

  • 5,628 Sq Ft Lot
  • North Facing Home

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Pier Jacks
  • Stucco

Interior Spaces

  • 2,259 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • City Views

Kitchen

  • Oven or Range
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Outdoor Features

  • Open Patio
  • Porch

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater
  • Sewer in Street

Community Details

  • 2 Units
  • Rent Control

Listing and Financial Details

  • Tenant pays for gas, electricity, trash collection
  • Assessor Parcel Number 4223-006-025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,072

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Contemporary
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: No
  • Living Area: 2259
  • Lot Acreage: 0.1292
  • Stories: 1
  • Year Built: 1951
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Wood, Laminate
  • Appliances: Cooktop - Gas, Electric
  • Bedrooms: 6
  • Common Walls: Attached
  • Laundry: In Unit
  • Laundry Equipment: Own
  • Total Bathrooms: 4.00
  • Equipment: Microwave, Washer, Dryer, Refrigerator, Dishwasher, Range/Oven, Garbage Disposal
  • Price Per S Q F T: 617.00

Exterior Features

  • Direction Faces: North
  • Construction: Stucco
  • Other Structures: None
  • Tennis Court Y/N: No
  • Foundation Details: Pier Jacks, Slab
  • Patio: Porch, Patio Open
  • Pool: No
  • Roof: Composition, Shingle
  • Spa Yn: No
  • View: City
  • View: Yes

Garage/Parking

  • Other Spaces: 4
  • Total Parking: 4

Utilities

  • Water Heater: Gas
  • Cooling: Window Unit(s)
  • Heating: Wall Gas
  • Sewer: In Street
  • Water: Public

Lot Info

  • Assessor Parcel Number: 4223-006-025
  • Lot Size Area: 5628

Rental Info

  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity, Trash Collection

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 18.30
  • Number Of Units: 2
  • Rent Control: 100
  • Type Of Units: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2023
Closed on
Jan 12, 2024
Sold by
Abouaf Keith H and Abouaf Hadas
Bought by
Cernas Anastasio Javier and Mendez Sara
Seller's Agent
Louis Perez
Tradewind Realty
Buyer's Agent
Louis Perez
Tradewind Realty
List Price
$1,395,000
Sold Price
$1,400,000
Premium/Discount to List
$5,000
0.36%
Views
605
Current Estimated Value
$1,531,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,388
Avg. Annual Appreciation
5.55%
Original Mortgage
$900,000
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2003
Sold by
Abouaf Keith H
Bought by
Abouaf Keith H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,000
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 17, 2000
Sold by
Family Trust Sapasap Feliciano V Co Tr Sapasa and Sapasap Pastora Soriano
Bought by
Abouaf Keith H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,200
Interest Rate
7.75%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Cernas Anastasio Javier $1,400,000 Lawyers Title
Abouaf Keith H -- Ticor Title Company
Abouaf Keith H $439,000 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cernas Anastasio Javier $900,000
Previous Owner Abouaf Keith H $389,000
Previous Owner Abouaf Keith H $351,200
Closed Abouaf Keith H $65,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/29/2024 02/29/24 Sold $1,400,000 +0.4% $620 / Sq Ft
01/07/2024 01/07/24 Pending -- -- --
12/07/2023 12/07/23 For Sale $1,395,000 -- $618 / Sq Ft
Source: The MLS

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
2025 $8,072 $1,428,000 $1,142,400 $285,600
2024 $8,072 $648,514 $384,090 $264,424
2023 $7,921 $635,799 $376,559 $259,240
2022 $7,559 $623,333 $369,176 $254,157
2021 $7,455 $611,112 $361,938 $249,174
2019 $7,234 $592,988 $351,203 $241,785
2018 $7,171 $581,362 $344,317 $237,045
2016 $6,844 $558,790 $330,948 $227,842
2015 $6,744 $550,397 $325,977 $224,420
2014 $6,778 $539,616 $319,592 $220,024
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-338265

The MLS

APN: 4223-006-025