NOT LISTED FOR SALE

Estimated Value: $2,123,000 - $2,846,419

4 Beds
3 Baths
2,259 Sq Ft
$1,054/Sq Ft Est. Value

Last Sold March 19, 2024

Last sale price $2,169,375 $960 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $13,354/month

15 Days on Market

Highlights

  • 0.25 Acre Lot
  • 1-Story Property
  • Central Heating
  • Venice High School Rated A

About This Home

As of March 2024

Fantastic opportunity to acquire a duplex situated on an extra large .25 acre lot in a prime Venice location. Main house is vacant, and has 3 bedrooms and a gorgeous focal brick fireplace in the living room, mirrored walls, chandelier near dining area, wall to wall windows through out the living area. Main bedroom contains a unique fireplace, carpet and sliding mirrored closet doors. Rear 1 bedroom unit is rented. Large front yard and back yard. Additional to the garage parking there is ample driveway space. Property is surrounded by multi-million dollar newer construction and is close to world class beaches, restaurants and shopping.

Last Agent to Sell the Property

Joshua Barre

Westside Property Management Inc. License #01222605 Listed on: 01/16/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,812

Year Built

  • Built in 1955

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 63x173

Interior Spaces

  • 2,259 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Driveway

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Heating

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 4242-014-008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,812

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 2259
  • Lot Acreage: 0.2502
  • Lot Dimensions: 63x173
  • Year Built: 1955
  • Number Of Photos: 15
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 3.00
  • Equipment: Garbage Disposal, Dishwasher, Dryer, Washer, Range/Oven, Refrigerator
  • Price Per S Q F T: 971.67

Exterior Features

  • Other Structures: Other

Garage/Parking

  • Parking Garage: Garage - 2 Car, Driveway
  • Total Parking: 2

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Central

Lot Info

  • Assessed Improvement Percent: 11.84
  • Assessed Improvement Value: 81149
  • Assessed Land Percent: 88.16
  • Assessed Land Value: 604243
  • Total Assessed Value: 685392
  • Assessor Parcel Number: 4242-014-008
  • Lot Size Area: 10899

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 22.86
  • Number Of Units: 2
  • Total Annual Expense: 1000
  • Type Of Units: detached
  • Vacancy Rate: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2024
Closed on
Mar 6, 2024
Sold by
1341 Vienna Way Enterprises Llc
Bought by
Rogers Brian and Rogers Heather
Seller's Agent
Joshua Barre
Westside Property Management Inc.
Buyer's Agent
Heather Shawver
Compass
List Price
$2,195,000
Sold Price
$2,169,375
Premium/Discount to List
-$25,625
-1.17%
Views
18
Current Estimated Value
$2,380,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,980
Avg. Annual Appreciation
6.25%
Original Mortgage
$193,156
Outstanding Balance
$189,943
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$2,190,412

Purchase Details

Closed on
Mar 20, 2023
Sold by
Martin A Jelinowicz Family Trust and Lacher Steve
Bought by
1341 Vienna Way Enterprises Llc

Purchase Details

Closed on
Oct 8, 2015
Sold by
Jelinowicz Martin
Bought by
Jelinowicz Martin A and Martin A Jelinowicz Family Tru

Purchase Details

Closed on
Nov 1, 2002
Sold by
Jelinowicz Martin
Bought by
Jelinowicz Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,500
Interest Rate
4.96%
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
Rogers Brian $2,169,500 Progressive Title Company
1341 Vienna Way Enterprises Llc -- None Listed On Document
Jelinowicz Martin A -- Lawyers Title
Jelinowicz Martin -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rogers Brian $193,156
Previous Owner Jelinowicz Martin $357,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2024 03/19/24 Sold $2,169,375 -1.2% $960 / Sq Ft
01/31/2024 01/31/24 Pending -- -- --
01/16/2024 01/16/24 For Sale $2,195,000 0.0% $972 / Sq Ft
09/24/2022 09/24/22 Rented $5,000 0.0% --
08/25/2022 08/25/22 For Rent $5,000 -- --
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 $8,812 $2,190,211 $1,824,642 $365,569
2024 $8,812 $699,098 $616,327 $82,771
2023 $8,649 $685,392 $604,243 $81,149
2022 $8,258 $671,954 $592,396 $79,558
2021 $8,149 $658,780 $580,781 $77,999
2020 $8,229 $652,026 $574,826 $77,200
2019 $7,910 $639,242 $563,555 $75,687
2018 $7,826 $626,708 $552,505 $74,203
2016 $7,476 $602,374 $531,051 $71,323
2015 $7,369 $593,327 $523,075 $70,252
2014 $7,406 $581,705 $512,829 $68,876
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-348019

The MLS

APN: 4242-014-008