NOT LISTED FOR SALE
6 Beds
8 Baths
12,321 Sq Ft
0.29 Acre Lot

Sale Details

Date Sold: August 17, 2021

Last sale price $6,200,000 $503 Per Sq Ft

16 Days on Market

Highlights

  • 0.29 Acre Lot
  • Bike Trail
  • Laundry Facilities

About This Home

As of August 2021

4 WEEKS FREE SPECIAL! Advertised rent is a net rent, the 4 weeks free is applicable to a 13 month lease term and the special is applied on the 13th month of the lease. Inquire for more details.

Discover The Coastal, a meticulously renovated residential community featuring studio, one-bedroom, and two-bedroom apartments. Situated between Venice and Santa Monica, these residences offer expansive layouts and modern finishes, with select units providing views of the California coastline. The property includes updated amenities such as landscaped outdoor common areas and proximate access to the beach. Each kitchen is outfitted with premium stainless steel appliances and quartz countertops, while bathrooms feature rainfall showerheads and refined tilework.

Residents at The Coastal benefit from a central location that provides immediate access to the coastline and local attractions. The surrounding area offers a variety of dining options, retail shops, and local cultural centers, all located moments from the property. With its contemporary design and proximity to the sand and surf, The Coastal provides a streamlined connection to the diverse landmarks of these iconic beachside communities.

Contact our leasing team today to schedule your tour!

Parking: Assigned parking is available for an additional monthly fee. Availability is limited and not guaranteed for all units; please inquire for current status.

**Photos may not be of the exact unit available and have been virtually staged**

**Rent shown is net effective rent based on concessions offered; gross rent will apply**

Last Agent to Sell the Property

Cameron Samimi

Lyon Stahl Investment Real Estate, Inc. License #02035763 Listed on: 05/02/2021

Lyon Stahl Investment Real Estate, Inc.

Co-Listed By

Kelly Giery

Lyon Stahl Investment Real Estate, Inc. License #02097805

Last Buyer's Agent

Cameron Samimi

Lyon Stahl Investment Real Estate, Inc. License #02035763 Listed on: 05/02/2021

Lyon Stahl Investment Real Estate, Inc.
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

Lot Details

  • 12,782 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 12,321 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 8 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 2 / 11
  • Tax Tract Number 7020
  • Assessor Parcel Number 4289013017

Community Details

Recreation

  • Bike Trail

Building Details

  • Rent Control
  • 16 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Operating Expense $143,427
  • Gross Income $387,144
  • Net Operating Income $232,103

Additional Features

  • 16 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1905

Lot Details

0.29 Acres

Listing Details

  • Property Attached: Yes
  • Zoning: SMOP2*
  • Property Type: Residential Income
  • Parcel Number: 4289013017
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 503.21

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Curbs

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 12782.00
  • Lot Size Acres: 0.2934

Multi Family

  • Gross Income: 387144.00
  • Gross Scheduled Income: 387144.00
  • Lot Size Area: 12782.0000 Square Feet
  • Net Operating Income: 232103.00
  • Number Of Separate Electric Meters: 16
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 16
  • Operating Expense: 143427.00
  • Rent Control: Yes
  • Total Expenses: 143427.00

Tax Info

  • Tax Block: 11
  • Tax Census Tract: 7020.02
  • Tax Lot: 2
  • Tax Tract Number: 7020.0

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/03/2026 08/03/26 Off Market $2,585 -- --
06/18/2026 06/18/26 Price Changed $2,585 -3.4% --
06/11/2026 06/11/26 Price Changed $2,677 -18.3% --
05/21/2026 05/21/26 Price Changed $3,277 -2.8% --
04/08/2026 04/08/26 Price Changed $3,370 -2.6% --
03/05/2026 03/05/26 Price Changed $3,460 0.0% --
03/05/2026 03/05/26 For Rent $3,460 -17.6% --
02/04/2026 02/04/26 Off Market $4,200 -- --
12/28/2025 12/28/25 Price Changed $4,200 +11.0% --
11/19/2025 11/19/25 Price Changed $3,785 -4.7% --
11/10/2025 11/10/25 Price Changed $3,970 +39.3% --
08/28/2025 08/28/25 Price Changed $2,850 +14.2% --
08/17/2025 08/17/25 Price Changed $2,495 -10.9% --
06/08/2025 06/08/25 Price Changed $2,800 +2.8% --
03/26/2025 03/26/25 Price Changed $2,725 -1.6% --
03/22/2025 03/22/25 Price Changed $2,770 -3.3% --
03/11/2025 03/11/25 Price Changed $2,865 +0.1% --
03/01/2025 03/01/25 Price Changed $2,862 -6.0% --
12/12/2024 12/12/24 Price Changed $3,045 -21.5% --
12/02/2024 12/02/24 Price Changed $3,877 +31.2% --
11/26/2024 11/26/24 Price Changed $2,954 +2.7% --
11/23/2024 11/23/24 Price Changed $2,877 -7.6% --
10/01/2024 10/01/24 For Rent $3,115 0.0% --
08/17/2021 08/17/21 Sold $6,200,000 -3.1% $503 / Sq Ft
05/02/2021 05/02/21 For Sale $6,400,000 -- $519 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $82,143 $6,579,489 $3,501,986 $3,077,503
2024 $77,060 $6,450,480 $3,433,320 $3,017,160
2023 $75,849 $6,324,000 $3,366,000 $2,958,000
2022 $74,951 $6,200,000 $3,300,000 $2,900,000
2021 $34,694 $2,770,534 $1,923,921 $846,613
2020 $34,457 $2,745,177 $1,904,194 $840,983
2019 $34,123 $2,691,410 $1,866,857 $824,553
2018 $32,031 $2,638,698 $1,830,252 $808,446
2016 $30,735 $2,533,304 $1,759,182 $774,122
2015 $30,347 $2,740,832 $1,921,144 $819,688
2014 $32,768 $2,687,144 $1,883,512 $803,632
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21076716

California Regional Multiple Listing Service (CRMLS)
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