NOT LISTED FOR SALE
12 Beds
7 Baths
4,526 Sq Ft
4,211 Sq Ft Lot

Sale Details

Date Sold: April 30, 2018

Last sale price $2,650,000 $586 Per Sq Ft

134 Days on Market

Highlights

  • Private Yard
  • No HOA
  • 4-minute walk to Westminster Dog Park
  • Venice High School Rated A

About This Home

As of April 2018

Welcome to Park Ave. Indulge in the ultimate Venice beach living experience at 24 Park Ave. Steps away from the beach and the Venice Boardwalk, our community offers all the amenities that California lovers desire in a home.

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Features include:
+new stainless steel kitchen appliances,
+full sized washer/dryer in unit,
+central a/c (yes it’s needed next to the beach)
+large rooftop private ocean view deck
+open living room and kitchen floor plan
+custom tile bathroom with beautiful glass shower doors
+hardwood floors throughout

Unit/Lease Details:
1 year lease agreement
Tenant pays all utilities
(1) parking space available for rent (Ask about additional spaces)
Pet friendly with an additional deposit based on weight. No aggressive breeds
-Parking Leased separately

**All information deemed reliable but not guaranteed, including but not limited to square footage. Photos may not be of the actual unit. Advertised rent is net effective of the current lease special**

Last Agent to Sell the Property

Warren Berzack

Warren Lee Berzack License #01329015 Listed on: 10/09/2017

Warren Lee Berzack

Last Buyer's Agent

Warren Berzack

Warren Lee Berzack License #01329015 Listed on: 10/09/2017

Warren Lee Berzack
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1904

Lot Details

  • 4,211 Sq Ft Lot
  • Two or More Common Walls
  • Private Yard

Parking

  • 1 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached

Interior Spaces

  • 4,526 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 7 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 4286025008

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 6 Units

Building Details

  • 6 Leased Units
  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,361
  • Gardener Expense $1,304
  • Insurance Expense $2,449
  • Maintenance Expense $8,985
  • Other Expense $500
  • Pest Control $525
  • Water Sewer Expense $5,000
  • New Taxes Expense $35,940
  • Operating Expense $57,579
  • Gross Income $179,879
  • Net Operating Income $116,904

Property Details

Home Type

Multi-Family

Year Built

Built in 1904

Lot Details

4,211 Sq Ft Lot

Parking

1

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 5000.00
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Gardener Expense: 1304.00
  • Parcel Number: 4286025008
  • Year Built: 1904
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 585.51

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: No
  • Pest Control Expense: 525.00
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 4211.00

Rental Info

  • Garage Rental Rate: 400.00

Multi Family

  • Electric Expense: 1361.00
  • Gross Income: 179879.00
  • Gross Scheduled Income: 179879.00
  • Insurance Expense: 2449.00
  • Maintenance Expense: 8985.00
  • Net Operating Income: 116904.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Operating Expense: 57579.00
  • Other Expense: 500.00
  • Other Expense Description: misc
  • Rent Control: Yes
  • Total Actual Rent: 14990.00
  • Total Expenses: 57579.00

Tax Info

  • New Taxes Expense: 35940.00
  • Tax Census Tract: 2734.02
  • Tax Lot: 1
  • Tax Tract Number: 1

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

Closed on
Aug 31, 2022
Sold by
Bought by

Purchase Details

Closed on
Dec 13, 2021
Sold by
Bought by

Purchase Details

Closed on
Sep 1, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 9, 2017
Closed on
Apr 3, 2018
Sold by
Bought by
Seller's Agent
Warren Berzack
Warren Lee Berzack
Buyer's Agent
Warren Berzack
Lee & Associates
List Price
$3,175,000
Sold Price
$2,650,000
Premium/Discount to List
-$525,000
-16.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,135,000
Interest Rate
4.45%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 16, 2012
Sold by
Bought by

Purchase Details

Closed on
Mar 13, 2012
Sold by
Bought by

Purchase Details

Closed on
Nov 7, 2001
Sold by
Bought by

Purchase Details

Closed on
Jun 30, 1995
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
-- --
-- --
-- --
-- None Listed On Document
$5,000,000 Ticor Title
$2,650,000 Ticor Title Company
-- None Available
-- None Available
-- --
-- --
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 $3,000,000
Previous Owner $2,825,000
Previous Owner $2,135,000
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
05/27/2025 05/27/25 Off Market $7,495 -- --
05/15/2025 05/15/25 For Rent $7,495 0.0% --
04/30/2018 04/30/18 Sold $2,650,000 -16.5% $586 / Sq Ft
02/20/2018 02/20/18 Pending -- -- --
10/09/2017 10/09/17 For Sale $3,175,000 -- $702 / 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 $63,971 $5,306,040 $4,775,436 $530,604
2024 $63,317 $5,202,000 $4,681,800 $520,200
2023 $62,082 $5,100,000 $4,590,000 $510,000
2022 $59,185 $5,000,000 $4,500,000 $500,000
2021 $33,923 $2,812,396 $2,365,151 $447,245
2019 $32,619 $2,703,000 $2,295,000 $408,000
2018 $8,755 $664,292 $442,865 $221,427
2016 $8,306 $638,499 $425,669 $212,830
2015 $8,193 $628,910 $419,276 $209,634
2014 $8,255 $616,591 $411,063 $205,528
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17232156

California Regional Multiple Listing Service (CRMLS)
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