A
Seller's Agent in 2023
Alex Wolf
Compass
(310) 499-6823
2 in this area
35 Total Sales
2016 Alberta Ave Venice, CA 90291
Venice NeighborhoodEstimated Value: $2,302,000 - $2,620,426
3
Beds
4
Baths
2,415
Sq Ft
$1,042/Sq Ft
Est. Value
Highlights
- Property has ocean access
- Heated Spa
- Fireplace in Primary Bedroom
- Venice High School Rated A
- Primary Bedroom Suite
- 3-minute walk to Linnie Canal Park
About This Home
As of August 2023Sometimes a property comes along that checks all the boxes.... Welcome to 2016 Alberta Avenue! Tucked away on a quiet street only two blocks from the sand in Venice Beach, this turnkey duplex offers something for everyone. Perfect for owner-users, live in one unit and rent out the other to pay your mortgage, or simply consider this excellent portfolio piece for its steady income and low maintenance. Location-wise, you are in the bullseye of one of the hottest rental markets in Los Angeles: anchored by the white-hot tech hub of Silicon Beach and world-famous Venice Beach, this property is mere steps to the sunny sand, the exciting Boardwalk, hip Abbot Kinney, the Venice Farmers Market, Ospi, James Beach, Windward Circle, Great White, Gjusta Grocer… too much to list within a 5 minute walk! Whether considering short or long term tenants, get ready for high rental rates and low vacancies! // While only minutes from the action, this duplex is hidden on a nearly private street, away from the noise and hustle. Gated and private, this is your own little beach retreat. The large back unit, with 2 spacious bedrooms and 2.5 bathrooms is overflowing with charm: soaring vaulted ceilings, oversized skylights and windows, 2 fireplaces, a balcony off of the primary bedroom, indoor and outdoor dining areas, and a private tropical oasis with a jacuzzi and outdoor shower… this feels like heaven. The elevated second unit has a west-facing balcony and an open floor plan filled natural light and ocean breezes, reminding owners and tenants why they chose to live here in the first place. Each unit has in-unit washer and dryer hookups, and to top things off, a RARE 4-car garage to keep your bikes, surfboards, and four wheeled friends protected from the elements. like we said, this one checks all the boxes. Perfect for the savvy investor or first-time buyer, come take a look… this one won’t last!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $27,910
Year Built
- Built in 1979
Lot Details
- 3,125 Sq Ft Lot
- No Common Walls
- Landscaped
- Back Yard
- Density is up to 1 Unit/Acre
Parking
- 4 Car Garage
- 1 Open Parking Space
- Parking Available
- Front Facing Garage
- Two Garage Doors
- Garage Door Opener
Home Design
- Duplex
- Turnkey
Interior Spaces
- 2,415 Sq Ft Home
- 2-Story Property
- Cathedral Ceiling
- Recessed Lighting
- Entrance Foyer
- Family Room with Fireplace
- Living Room
- Neighborhood Views
- Laundry Room
- Attic
Kitchen
- Built-In Range
- Range Hood
- Microwave
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- 4 Bathrooms
Outdoor Features
- Heated Spa
- Property has ocean access
- Balcony
Location
- Urban Location
- Suburban Location
Utilities
- Cooling System Mounted To A Wall/Window
- Central Heating
Listing and Financial Details
- Legal Lot and Block 16 / 15
- Assessor Parcel Number 4238023033
Community Details
Overview
- 2 Units
Building Details
- 2 Leased Units
- Rent Control
- Operating Expense $45,000
- Gross Income $138,600
- Net Operating Income $93,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 13, 2022
Sold by
Bick-Forrester Family Trust
Bought by
Bick-Forrester Family Trust
Current Estimated Value
Purchase Details
Closed on
Jul 18, 2017
Sold by
Forrester James
Bought by
Forrester James S and Bick Barbara
Purchase Details
Listed on
Dec 23, 2014
Closed on
Jan 16, 2015
Sold by
Bick Barbara A
Bought by
Forrester James
Seller's Agent
Jesse Weinberg
Jesse Weinberg
Buyer's Agent
Tony Yollin
Engel & Völkers
List Price
$2,049,000
Sold Price
$1,974,000
Premium/Discount to List
-$75,000
-3.66%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.42%
Original Mortgage
$900,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Dec 23, 2014
Closed on
Jan 5, 2015
Sold by
Marss Properties Llc
Bought by
Bick Forrester Justin and Forrester James
Seller's Agent
Jesse Weinberg
Jesse Weinberg
Buyer's Agent
Tony Yollin
Engel & Völkers
List Price
$2,049,000
Sold Price
$1,974,000
Premium/Discount to List
-$75,000
-3.66%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Jul 16, 2014
Closed on
Sep 9, 2014
Sold by
Nikitina Maria
Bought by
Marss Properties Llc
Seller's Agent
Robert Howell
Keller Williams Beverly Hills
Buyer's Agent
Jesse Weinberg
Jesse Weinberg
List Price
$1,445,000
Sold Price
$1,445,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
80.14%
Purchase Details
Listed on
Jul 16, 2014
Closed on
Aug 12, 2014
Sold by
Nitao Osamu
Bought by
Nikitina Maria
Seller's Agent
Robert Howell
Keller Williams Beverly Hills
Buyer's Agent
Jesse Weinberg
Jesse Weinberg
List Price
$1,445,000
Sold Price
$1,445,000
Purchase Details
Closed on
Jun 17, 2003
Sold by
Sommer Arlene
Bought by
Nitao Osamu and Toya Janis
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 22, 2000
Sold by
Kolodziejski Dan
Bought by
Sommer Arlene
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,600
Interest Rate
7.71%
Purchase Details
Closed on
Dec 19, 2000
Sold by
Sabin Shirley G
Bought by
Sommer Arlene and Cuneo Angela Petillo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,600
Interest Rate
7.71%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bick-Forrester Family Trust | -- | Price Postel & Parma Llp | |
| Forrester James S | -- | None Available | |
| Forrester James | -- | Fidelity National Title Co | |
| Bick Forrester Justin | $1,974,000 | Fidelity National Title | |
| Marss Properties Llc | -- | None Available | |
| Nikitina Maria | $1,445,000 | Fatcola | |
| Nitao Osamu | $900,000 | First American Title Co | |
| Sommer Arlene | -- | Provident Title Company | |
| Cuneo Angela Petillo | -- | Provident Title Company | |
| Sommer Arlene | -- | Provident Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Bick Forrester Justin | $900,000 | |
| Previous Owner | Nitao Osamu | $940,000 | |
| Previous Owner | Nitao Osamu | $720,000 | |
| Previous Owner | Sommer Arlene | $250,000 | |
| Previous Owner | Sommer Arlene | $392,600 | |
| Previous Owner | Sabin Shirley Gwen | $276,000 | |
| Closed | Sommer Arlene | $113,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/17/2023 08/17/23 | Sold | $2,301,400 | -4.1% | $953 / Sq Ft |
| 07/14/2023 07/14/23 | Pending | -- | -- | -- |
| 06/19/2023 06/19/23 | For Sale | $2,400,000 | +21.6% | $994 / Sq Ft |
| 02/24/2015 02/24/15 | Sold | $1,974,000 | -3.7% | $817 / Sq Ft |
| 12/31/2014 12/31/14 | Pending | -- | -- | -- |
| 12/23/2014 12/23/14 | For Sale | $2,049,000 | +41.8% | $848 / Sq Ft |
| 08/15/2014 08/15/14 | Sold | $1,445,000 | 0.0% | $611 / Sq Ft |
| 07/23/2014 07/23/14 | Pending | -- | -- | -- |
| 07/16/2014 07/16/14 | For Sale | $1,445,000 | -- | $611 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $27,910 | $2,347,428 | $1,734,000 | $613,428 |
| 2024 | $27,910 | $2,301,400 | $1,700,000 | $601,400 |
| 2023 | $27,654 | $2,280,320 | $1,598,768 | $681,552 |
| 2022 | $26,359 | $2,235,609 | $1,567,420 | $668,189 |
| 2021 | $26,040 | $2,191,775 | $1,536,687 | $655,088 |
| 2019 | $25,253 | $2,126,767 | $1,491,109 | $635,658 |
| 2018 | $25,171 | $2,085,067 | $1,461,872 | $623,195 |
| 2016 | $24,083 | $2,004,103 | $1,405,106 | $598,997 |
| 2015 | $17,421 | $1,445,000 | $1,000,000 | $445,000 |
| 2014 | $12,935 | $1,043,843 | $927,864 | $115,979 |
Source: Public Records
Agents Affiliated with this Home
-
Alex Wolf
-
Tyler Wolf
T
Seller Co-Listing Agent in 2023
Tyler Wolf
Compass
(310) 376-8871
2 in this area
48 Total Sales
-
Jesse Weinberg
Seller's Agent in 2015
Jesse Weinberg
Jesse Weinberg
(800) 804-9132
104 in this area
486 Total Sales
-
Tony Yollin
Buyer's Agent in 2015
Tony Yollin
Engel & Volkers Santa Monica
(310) 213-3948
5 in this area
8 Total Sales
-
Csaba Yollin
C
Buyer Co-Listing Agent in 2015
Csaba Yollin
Engel & Volkers Santa Monica
(310) 460-2525
5 in this area
9 Total Sales
-
Robert Howell
Seller's Agent in 2014
Robert Howell
Keller Williams Beverly Hills
(310) 729-2807
1 in this area
96 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB23107451
APN: 4238-023-033
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Nearby Homes
- 1921 Canal St
- 420 Venice Way
- 1917 Canal St
- 302 S Venice Blvd
- 417 Venice Way
- 2014 Pacific Ave
- 304 Grand Blvd
- 510 Venice Way
- 416 Carroll Canal
- 421 Grand Blvd
- 22 20th Ave
- 11 20th Ave
- 408 Linnie Canal
- 215 Windward Ave
- 410 Linnie Canal
- 1909 Ocean Front Walk
- 219 Howland Canal
- 415 Sherman Canal
- 404 Linnie Canal
- 453 Sherman Canal
- 2020 Alberta Ave
- 2016 Alberta Ave Unit B
- 2016 Alberta Ave Unit A
- 305 -307 N Venice Blvd
- 305 N Venice Blvd
- 307 N Venice Blvd
- 309 N Venice Blvd
- 2022 Alberta Ave
- 301 N Venice Blvd
- 2019 Alberta Ave Unit B
- 2019 Alberta Ave
- 1998 Alberta Ave Unit 20
- 1998 Alberta Ave Unit 14
- 1998 Alberta Ave Unit 5
- 311 N Venice Blvd Unit 1
- 311 N Venice Blvd
- 2021 Alberta Ave
- 2000 Alberta Ave
- 2000 Alberta Ave Unit 5
- 2000 Alberta Ave Unit 23