NOT LISTED FOR SALE
6 Beds
4 Baths
4,445 Sq Ft
0.32 Acres

Last Sold July 11, 2013

Last sale price $985,000 $222 Per Sq Ft

167 Days on Market

About This Home

As of July 2013

Unique 9 units at Venice and San Vicente intersection. All copper plumbing, New roof put in 2006. Great current income, and unit mix. Huge lot size, with on-site parking. All 8 legal units are separately metered for gas and electricity, and have their individual water heaters. The 3 bedroom unit has its own washer and dryer. Low operating expenses.

Last Agent to Sell the Property

Vinny Jain

Ingenious Asset Group, Inc. License #01413466 Listed on: 09/06/2012

Last Buyer's Agent

Andrew Cha

Andrew Cha License #01327638

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1919

Lot Details

  • 0.32 Acre Lot

Home Design

  • Composition Roof

Interior Spaces

  • 4,445 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Disposal

Parking

  • 9 Parking Spaces
  • Carport

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Sewer in Street

Community Details

  • 8 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water
  • Assessor Parcel Number 5071-018-042

Property Details

Home Type

Multi-Family

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4445
  • Stories: 2
  • Year Built: 1919
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Equipment: Garbage Disposal, Range/Oven
  • Price Per S Q F T: 223.85

Exterior Features

  • Tennis Court Y/N: No
  • Construction: Frame
  • Pool: No
  • Roof: Composition
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Carport
  • Total Parking: 9

Utilities

  • Cooling: Wall/Window
  • Electric Expense: 360.00
  • Heating: Wall
  • Sewer: In Street
  • Water Expense: 4200.00

Fee Information

  • Gas Expense: 180.00
  • Insurance Expense: 1600.00
  • Maintenance Expense: 5427.00
  • Trash Expense: 1403.00

Lot Info

  • Assessed Improvement Percent: 25.00
  • Assessed Improvement Value: 217597
  • Assessed Land Percent: 75
  • Assessed Land Value: 652796
  • Total Assessed Value: 870393
  • Assessor Parcel Number: 5071-018-042
  • Lot Size Area: 13999

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 9.17
  • Number Of Units: 8
  • Rent Control: 100
  • Type Of Units: Multi-family

Tax Info

  • Tax Expense: 11194.00

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
07/11/2013 07/11/13 Sold $985,000 -1.0% $222 / Sq Ft
02/20/2013 02/20/13 Pending -- -- --
09/06/2012 09/06/12 For Sale $995,000 -- $224 / 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: 12-623167

The MLS