NOT LISTED FOR SALE

Estimated Value: $1,673,000 - $1,849,000

8 Beds
4 Baths
3,350 Sq Ft
$523/Sq Ft Est. Value

Sale Details

Date Sold: December 2, 2024

Last sale price $2,070,000 $618 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $11,298 / mo

41 Days on Market

About This Home

As of December 2024

This stunning 4-unit quadruplex is located on
one of Venice's picturesque walk streets, just
steps from the beach. The property consists of
four 2-bed, 1-bath units, with one of the
upstairs rear units delivered vacant and
beautifully renovated—featuring an updated
kitchen and bathroom, perfect for an owneruser
or a prime rental opportunity.
Situated in the heart of Venice, this building
offers convenient access to Abbot Kinney,
Rose Avenue, and Main Street, with an
abundance of restaurants, retail shops, and
vibrant nightlife.

Last Agent to Sell the Property

Cameron Samimi

Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-259-7556 License #02035763 Listed on: 10/11/2024

Lyon Stahl Investment Real Estate, Inc.

Co-Listed By

Molly First

Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-259-7556 License #02065583

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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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 2,639 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 3,350 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 1234
  • Tax Tract Number 1234
  • Assessor Parcel Number 4226018010

Community Details

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $39,665
  • Gross Income $120,672
  • Net Operating Income $74,973

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

2,639 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 4226018010
  • Year Built: 1912
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 617.91

Exterior Features

  • Pool Private: No

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2639.00
  • Lot Size Acres: 0.0606

Multi Family

  • Gross Income: 120672.00
  • Gross Scheduled Income: 120672.00
  • Lot Size Area: 2639.0000 Square Feet
  • Net Operating Income: 74973.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 39665.00
  • Rent Control: Yes
  • Total Expenses: 39665.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • Tax Lot: 1234
  • Tax Tract Number: 1234

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2021
Closed on
Feb 14, 2022
Sold by
John Keding Bradley and John Marie Eleana
Bought by
Seller's Agent
Monte Hartman
Coldwell Banker Realty
Buyer's Agent
Esther Hickman
Compass
List Price
$1,799,000
Sold Price
$1,710,000
Premium/Discount to List
-$89,000
-4.95%
Current Estimated Value
$1,725,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,295
Avg. Annual Appreciation
0.53%

Purchase Details

Closed on
Feb 8, 2005
Sold by
William D Dyer Living Trust
Bought by
Keding Bradley John and Keding Eleana Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 1998
Sold by
Dyer William D
Bought by
William D Dyer Living Trust

Purchase Details

Closed on
Mar 31, 1994
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Dyer William D

Purchase Details

Closed on
Sep 10, 1993
Sold by
Resolution Trust Corp
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Venice, CA

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Purchase 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 Buyer Sale Price Title Company
$1,710,000 Equity Title
Keding Bradley John $750,000 Southland Title
William D Dyer Living Trust -- --
Dyer William D $185,000 Gateway Title
Federal Home Loan Mortgage Corporation $290,168 Southland Title
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $582,000
Previous Owner Keding Eleana Marie $610,500
Previous Owner Keding Bradley John $600,000
Previous Owner Dyer William D $30,000
Previous Owner Dyer William D $262,000
Previous Owner Dyer William D $249,500
Previous Owner Dyer William D $5,000
Previous Owner Dyer William D $236,000
Source: Public Records

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 Prior Sale
12/02/2024 12/02/24 Sold $2,070,000 -1.4% $618 / Sq Ft
11/22/2024 11/22/24 Pending -- -- --
10/11/2024 10/11/24 For Sale $2,099,000 +22.7% $627 / Sq Ft
02/23/2022 02/23/22 Sold $1,710,000 -4.9% $1,388 / Sq Ft View Prior Sale
02/05/2022 02/05/22 Pending -- -- --
11/22/2021 11/22/21 For Sale $1,799,000 -- $1,460 / 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
2026 $21,884 $1,850,956 $1,731,890 $119,066
2025 $21,884 $1,814,664 $1,697,932 $116,732
2024 $21,646 $1,779,084 $1,664,640 $114,444
2023 $21,226 $1,744,200 $1,632,000 $112,200
2022 $11,706 $985,121 $919,455 $65,666
2021 $11,562 $965,806 $901,427 $64,379
2019 $11,215 $937,481 $874,691 $62,790
2018 $11,160 $919,107 $857,541 $61,566
2016 $10,678 $883,112 $824,243 $58,869
2015 $10,522 $869,848 $811,863 $57,985
2014 $10,575 $852,810 $795,960 $56,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24208636

California Regional Multiple Listing Service (CRMLS)

APN: 4240-003-014

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