NOT LISTED FOR SALE

1305 Venice Blvd Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,444,000 - $1,893,000

4 Beds
4 Baths
2,368 Sq Ft
$697/Sq Ft Est. Value

Sale Details

Date Sold: September 14, 2016

Last sale price $1,291,875 $546 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $10,421 / mo

7 Days on Market

About This Home

As of September 2016

Great 4-plex in Venice located less than 1.5 miles from the beach. Huge upside potential on rents as well as the overall value. Three of the 4 units have washer / dryer hook ups. Large units, hardwood floors, copper plumbing, newer sewer line, The property has 3 one car garages in the rear. Bring your investors who are looking for a property with great potential for major increase in value. Priced to sell! Drive by only. Interior inspection with accepted offer. Buyer to cooperate with sellers 1031 Exchange at no expense to buyer. 4 Unit with detached garages

Last Agent to Sell the Property

Ian Hale

Estate Properties License #01120121 Listed on: 08/01/2016

Estate Properties

Co-Listed By

Tina Hale

Estate Properties License #00468292

Last Buyer's Agent

Terry Ballentine

Estate Properties License #00588883

Estate Properties

Range of Values:

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

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 5,957

Home Design

  • Composition Roof

Interior Spaces

  • 2,368 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 3 Car Garage
  • On-Street Parking

Additional Features

  • 5,957 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 4242-031-002

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

5,957 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: Looking for an investment property in Venice? Great 4-plex in Venice located less than 1.5 miles from the beach. Huge upside potential on rents as well as the overall value. Three of the 4 units have washer / dryer hook ups. Large units, hardwood floors, copper plumbing, new sewer line just cleared city inspection. The property has 3 one car garages in the rear. Interior inspection with offer and sellers approval.
  • Living Area: 2368
  • Stories: 1
  • Year Built: 1952
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 543.92

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Composition
  • View: No

Garage/Parking

  • Parking Garage: Garage - 3 Car, On street
  • Total Parking: 3

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 40977
  • Assessed Land Value: 48328
  • Assessor Parcel Number: 4242-031-002
  • Geocode Override: No
  • Lot Size Area: 5957

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 19.85
  • Number Of Units: 4
  • Rent Control: 100
  • Type Of Units: 4 Units

Ownership History

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 Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2017
Sold by
Ballentine Vanessa M and Ballentine Benjamin S
Bought by
Current Estimated Value
$1,619,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$972,000
Outstanding Balance
$793,127
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$856,827

Purchase Details

Listed on
Aug 1, 2016
Closed on
Sep 12, 2016
Sold by
Poshepny Gregory R and Elrie L Brock Non Exempt Marit
Bought by
Ballentine Vanessa M and Ballentine Benjamin S
Seller's Agent
Ian Hale
Estate Properties
Buyer's Agent
Terry Ballentine
Estate Properties
List Price
$1,288,000
Sold Price
$1,291,875
Premium/Discount to List
$3,875
0.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.48%
Original Mortgage
$968,906
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 1998
Sold by
Brock D Ann and Elrie L Brock Trust
Bought by
Brock D Ann and Elrie L Brock Non Exempt Marit
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Venice, CA

  • Michael Khorshidi Real Estate Agent - Compass

    Michael Khorshidi

    Compass

    (424) 336-0183

    40 Total Sales

    2 in Venice

    $3.5M - $4.6M Price Range

    Michael Khorshidi
     Section Image
  • Josh Stein-Sapir Real Estate Agent - Keyes Real Estate

    Josh Stein-Sapir

    Keyes Real Estate

    (562) 456-3475

    137 Total Sales

    1 in Venice

    $1,383,500 Price

    Josh Stein-Sapir
     Section Image
  • Betty Huang Real Estate Agent - Latitude 33 Real Estate

    Betty Huang

    Latitude 33 Real Estate

    (213) 471-7492

    20 Total Sales

    1 in Venice

    $1,938,930 Price

    Betty Huang
     Section Image
  • Crosby Doe Real Estate Agent - Crosby Doe Associates, Inc.

    Crosby Doe

    Crosby Doe Associates, Inc.

    (424) 541-1360

    33 Total Sales

    1 in Venice

    $5,000,000 Price

    Crosby Doe
     Section Image
  • Janin Paine Real Estate Agent - Compass

    Janin Paine

    Compass

    (424) 567-7575

    21 Total Sales

    7 in Venice

    $1.2M - $2.1M Price Range

    Janin Paine
     Section Image
  • Staci Siegel Real Estate Agent - Engel & Völkers

    Staci Siegel

    Engel & Völkers

    (424) 499-2383

    29 Total Sales

    1 in Venice

    $1,300,000 Price

    Staci Siegel
     Section Image
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Purchase History

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
-- Ticor Title Company Of Ca
Ballentine Vanessa M $1,292,000 Progressive
Brock D Ann -- --
Source: Public Records

Mortgage History

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
Open $972,000
Closed Ballentine Vanessa M $968,906
Source: Public Records

Property History

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
09/14/2016 09/14/16 Sold $1,291,875 +0.3% $546 / Sq Ft
08/08/2016 08/08/16 Pending -- -- --
08/01/2016 08/01/16 For Sale $1,288,000 -- $544 / Sq Ft
Source: The MLS

Tax History

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
2026 $18,370 $1,529,458 $1,065,414 $464,044
2025 $18,370 $1,499,470 $1,044,524 $454,946
2024 $18,176 $1,470,070 $1,024,044 $446,026
2023 $17,830 $1,441,246 $1,003,965 $437,281
2022 $17,011 $1,412,987 $984,280 $428,707
2021 $16,801 $1,385,282 $964,981 $420,301
2019 $16,303 $1,344,396 $936,360 $408,036
2018 $16,174 $1,318,040 $918,000 $400,040
2016 $1,457 $90,666 $49,065 $41,601
2015 $1,441 $89,305 $48,328 $40,977
2014 $1,476 $87,557 $47,382 $40,175
Source: Public Records

Agents Affiliated with this Home

  • Ian Hale Real Estate Agent - Estate Properties

    Seller's Agent in 2016

    Ian Hale

    Estate Properties

    (310) 862-1761

    4 in this area

    10 Total Sales

    Ian Hale
    Section Image

  • TH

    Seller Co-Listing Agent in 2016

    Tina Hale

    Estate Properties

  • Terry Ballentine Real Estate Agent - Estate Properties

    Buyer's Agent in 2016

    Terry Ballentine

    Estate Properties

    (310) 351-9743

    5 in this area

    27 Total Sales

    Terry Ballentine
    Section Image
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Map

Source: The MLS

MLS Number: 16-149150

The MLS

APN: 4242-031-002

California Los Angeles County Venice 90291 Venice

1305 Venice Blvd, Venice, CA

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The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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