NOT LISTED FOR SALE
4 Beds
8 Baths
5,232 Sq Ft
3,560 Sq Ft Lot

Last Sold October 08, 2014

Last sale price $2,400,000 $459 Per Sq Ft

15 Days on Market

Highlights

  • Ocean Front
  • Gas Fireplace
  • 4-minute walk to Venice Beach Playground
  • Venice High School Rated A

About This Home

As of October 2014

Own the most sought after location of Venice close to the Board Walk and the ocean! Trust Sale. No court confirmation. Rent Control building, Sold "as is". Unit #7 will be delivered vacant and has a projected rent of $1700 or more. 8 Car tuck under parking with security gates plus 1 uncovered spot. OCEAN VIEWS from top units. The premises and the vacant unit can be viewed on Tues. Sept. 23rd from 12-1. Offers will be submitted on Thursday Sept. 25th by 5pm. All units will be shown with an accepted offer. Please do not disturb occupants. Thank you.

Last Agent to Sell the Property

Angie Yamini

Nelson Shelton & Associates License #00955294 Listed on: 09/16/2014

Nelson Shelton & Associates

Last Buyer's Agent

Angie Yamini

Nelson Shelton & Associates License #00955294 Listed on: 09/16/2014

Nelson Shelton & Associates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 3,560 Sq Ft Lot
  • Ocean Front

Interior Spaces

  • 5,232 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Ocean Views

Kitchen

  • Convection Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 8 Bathrooms

Parking

  • 9 Parking Spaces
  • Assigned Parking

Community Details

  • 7 Units

Listing and Financial Details

  • Assessor Parcel Number 4286-020-002

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 5232
  • Stories: 2
  • Year Built: 1972
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Rooms: Gas
  • Appliances: Convection Oven
  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 8.00
  • Den: 0
  • Equipment: Dishwasher, Garbage Disposal, Range/Oven
  • Price Per S Q F T: 439.60

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Ocean
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 9

Utilities

  • Electric Expense: 5050.00
  • Water: In Street

Fee Information

  • Insurance Expense: 1768.00
  • Maintenance Expense: 2966.00
  • Trash Expense: 1692.00

Lot Info

  • Assessor Parcel Number: 4286-020-002
  • Geocode Override: No
  • Lot Size Area: 3560

Rental Info

  • Monthly Gross Income: 10865.00

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112
  • Gross Rent Multiplier: 18.00
  • Gross Scheduled Income: 130140.00
  • Number Of Units: 7
  • Rent Control: 100
  • Total Annual Expense: 43281
  • Type Of Units: Apartments
  • Vacancy Rate: .07%

Tax Info

  • Tax Expense: 28750.00

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
10/08/2014 10/08/14 Sold $2,400,000 +4.3% $459 / Sq Ft
10/01/2014 10/01/14 Pending -- -- --
09/16/2014 09/16/14 For Sale $2,300,000 -- $440 / 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: 14-794285

The MLS