$1,625,000
SOLD AUG 29, 2025
4 Beds
4 Baths
2,328 Sq Ft
2,640 Sq Ft Lot

Recently Sold

$698 Per Sq Ft

17% Below List Price

78 Days on Market

Highlights

  • Deck
  • Laundry Facilities
  • 3-minute walk to Windward Plaza
  • Venice High School Rated A

About This Home

As of August 2025

PORTFOLIO SALE: 11 19TH AVE (3 UNITS), 20 19th AVE (4 UNITS) & 11 20th AVE (3 UNITS) PROPERTIES CAN BE SOLD TOGETHER OR SEPARATELY.... 20 19th Ave, a charming 4-plex investment opportunity right in the heart of Venice on a "Walk-Street", just steps away from the beach. This 2,328 square foot property features four bright 1-bedroom / 1-bathroom units with two units on each floor.Current ownership has held the property for almost 40 years and has made significant capital investments into the asset. Three of the four units have been tastefully renovated with wood flooring, recessed lighting in two, and upgraded kitchens & bathrooms. Almost the entire property is redwood construction (except the deck which has supports and steps that were replaced with redwood). The roof is approximately 7 years old and utilizes fireproof composite material. Electrical wiring and plumbing have also been replaced (now copper). Working gas lines were installed in the four wood-burning fireplaces. Lastly, one of the upstairs units was upgraded with A/C.All of the units come with ample outdoor space, with the upstairs units sharing a large sundeck, and the downstairs units sharing a private & fenced front yard along 19th Ave with beautiful landscaping. Additionally, there are four uncovered parking spaces in the back of the lot, one stall for each unit. There is also a community laundry room on the property, which provides additional monthly income. The building's location is unbeatable, just a few parcels over from the Venice Boardwalk and Muscle Beach.

Last Agent to Sell the Property

Jake Glaser

Lyon Stahl Investment Real Estate, Inc. License #02128816 Listed on: 05/14/2025

Lyon Stahl Investment Real Estate, Inc.

Last Buyer's Agent

Jake Glaser

Lyon Stahl Investment Real Estate, Inc. License #02128816 Listed on: 05/14/2025

Lyon Stahl Investment Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1908

Interior Spaces

  • 2,328 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Additional Features

  • Deck
  • 2,640 Sq Ft Lot

Community Details

  • 4 Units
  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for water, gardener
  • Assessor Parcel Number 4226-012-024

Property Details

Home Type

Multi-Family

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 2328
  • Lot Acreage: 0.0606
  • Probate: No
  • Stories: 2
  • Year Built: 1908
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Laundry: Community
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 751.72

Exterior Features

  • Other Structures: None
  • Patio: Deck(s)

Garage/Parking

  • Other Spaces: 4
  • Parking Garage: Uncovered
  • Total Parking: 4

Lot Info

  • Assessed Improvement Percent: 53.33
  • Assessed Improvement Value: 366409
  • Assessed Land Percent: 46.67
  • Assessed Land Value: 320611
  • Total Assessed Value: 687020
  • Assessor Parcel Number: 4226-012-024
  • Lot Size Area: 2640

Rental Info

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

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 15.03
  • Number Of Units: 4
  • Type Of Units: 1+1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2025
Closed on
Aug 25, 2025
Sold by
Hickerson Living Trust and Hickerson Glenn L
Bought by
Gahm Gregory A and Johnson Patti L
Seller's Agent
Jake Glaser
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Jake Glaser
Lyon Stahl Investment Real Estate, Inc.
List Price
$1,950,000
Sold Price
$1,625,000
Premium/Discount to List
-$325,000
-16.67%
Views
32
Current Estimated Value
$1,690,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,901
Avg. Annual Appreciation
14.69%
Original Mortgage
$1,022,500
Outstanding Balance
$1,021,620
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$669,281

Purchase Details

Closed on
Feb 1, 2018
Sold by
Hickerson Glenn L
Bought by
Hickerson Glenn L and Hickerson Jane F

Purchase Details

Closed on
Feb 22, 1998
Sold by
Hickerson Glenn L
Bought by
Hickerson Glenn L and Hickerson Jane F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Grant Deed $1,650,000 Old Republic Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,022,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2025 08/29/25 Sold $1,625,000 -7.1% $698 / Sq Ft
07/31/2025 07/31/25 Pending -- -- --
07/02/2025 07/02/25 Price Changed $1,750,000 -10.3% $752 / Sq Ft
05/14/2025 05/14/25 For Sale $1,950,000 -- $838 / 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 $8,590 $700,760 $327,023 $373,737
2024 $8,590 $687,020 $320,611 $366,409
2023 $8,430 $673,550 $314,325 $359,225
2022 $8,046 $660,344 $308,162 $352,182
2021 $7,937 $647,397 $302,120 $345,277
2020 $8,016 $640,980 $299,023 $341,957
2019 $7,703 $628,417 $293,160 $335,257
2018 $7,644 $616,100 $287,412 $328,688
2016 $7,299 $591,966 $276,252 $315,714
2015 $7,194 $583,075 $272,103 $310,972
2014 $7,240 $571,654 $266,773 $304,881
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25539009

The MLS

APN: 4226-012-024