NOT LISTED FOR SALE

2010 Lincoln Blvd Venice, CA 90291

Venice Neighborhood

Estimated Value: $3,269,357

1 Bed
1 Bath
3,535 Sq Ft
$925/Sq Ft Est. Value

Last Sold November 01, 2013

Last sale price $1,620,000 $458 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $19,407/month

21 Days on Market

About This Home

As of November 2013

A true mixed use commercial building on Lincoln Boulevard which is poised to become the next venice retail district. Three stores each measuring about 700 square feet with store front windows, front and rear entrances, restrooms, and 10' ceilings. Upstairs is a large one bedroom plus den apartment with a large open deck. Parking off alley for 2 cars plus a detached 2 car garage. Property is vacant and needs some renovation.

Last Agent to Sell the Property

Dannie Cavanaugh

Cavanaugh Realtors License #00576151 Listed on: 08/09/2013

Co-Listed By

Ron Wynn

Compass License #00420587

Last Buyer's Agent

Tamra Pardee

Pardee Properties License #01421451

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,864

Year Built

  • Built in 1950

Lot Details

  • 3,500 Sq Ft Lot

Interior Spaces

  • 3,535 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Parking

  • 4 Car Garage
  • Uncovered Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 4242-003-013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,864

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3535
  • Stories: 2
  • Year Built: 1950
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 1
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 1.00
  • Den: 0
  • Price Per S Q F T: 495.05

Exterior Features

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

Garage/Parking

  • Parking Garage: Garage, Uncovered
  • Total Parking: 4

Utilities

  • Cooling: Wall/Window
  • Heating: Wall

Lot Info

  • Assessor Parcel Number: 4242-003-013
  • Geocode Override: No
  • Lot Size Area: 3500

Rental Info

  • Owner Pays: Water

Multi Family

  • Unit Type: 2106
  • Number Of Units: 4
  • Total Annual Expense: 0
  • Type Of Units: comm/mixed
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2014
Sold by
Tay Bay Llc
Bought by
2010 Lincoln Blvd Llc
Current Estimated Value
$3,269,357

Purchase Details

Listed on
Aug 9, 2013
Closed on
Oct 23, 2013
Sold by
Connelly Kathleen Quigley
Bought by
Tay Bay Llc
Seller's Agent
Dannie Cavanaugh
Cavanaugh Realtors
Buyer's Agent
Tamra Pardee
Pardee Properties
List Price
$1,750,000
Sold Price
$1,620,000
Premium/Discount to List
-$130,000
-7.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.05%
Original Mortgage
$1,200,000
Interest Rate
4.27%
Mortgage Type
Commercial
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
2010 Lincoln Blvd Llc -- Fidelity National Title Co
Tay Bay Llc $1,620,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tay Bay Llc $1,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2013 11/01/13 Sold $1,620,000 -7.4% $458 / Sq Ft
08/30/2013 08/30/13 Pending -- -- --
08/09/2013 08/09/13 For Sale $1,750,000 -- $495 / 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 $23,864 $1,985,885 $1,471,029 $514,856
2024 $23,864 $1,946,947 $1,442,186 $504,761
2023 $23,404 $1,908,772 $1,413,908 $494,864
2022 $22,318 $1,871,346 $1,386,185 $485,161
2021 $22,038 $1,834,654 $1,359,005 $475,649
2019 $21,378 $1,780,240 $1,318,698 $461,542
2018 $21,273 $1,745,335 $1,292,842 $452,493
2016 $20,339 $1,677,564 $1,242,641 $434,923
2015 $20,041 $1,652,367 $1,223,976 $428,391
2014 -- $1,620,000 $1,200,000 $420,000
Source: Public Records

Agents Affiliated with this Home

  • Dannie Cavanaugh

    Seller's Agent in 2013

    Dannie Cavanaugh

    Cavanaugh Realtors

    (310) 837-7198

    2 in this area

    90 Total Sales

    Dannie Cavanaugh
    Section Image

  • R

    Seller Co-Listing Agent in 2013

    Ron Wynn

    Compass

    (310) 395-7090

    3 in this area

    193 Total Sales

    Ron Wynn
    Section Image
  • Tamra Pardee

    Buyer's Agent in 2013

    Tamra Pardee

    Pardee Properties

    (310) 907-6517

    259 in this area

    924 Total Sales

    Tamra Pardee
    Section Image
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Map

Source: The MLS

MLS Number: 13-696375

The MLS

APN: 4242-003-013

California Los Angeles County Venice 90291 Venice

2010 Lincoln Blvd, Venice, CA

This home is located at 2010 Lincoln Blvd, Venice, CA 90291 since 09 August 2013 and is currently estimated at $3,269,357, approximately $924 per square foot. This property was built in 1950. 2010 Lincoln Blvd is a home located in Los Angeles County with nearby schools including Beethoven Street Elementary School, Mark Twain Middle School, and Venice High School.

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