NOT LISTED FOR SALE

Estimated Value: $1,817,000 - $2,333,806

3 Beds
2 Baths
1,437 Sq Ft
$1,499/Sq Ft Est. Value

Last Sold November 22, 2021

Last sale price $2,000,000 $1,392 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $13,582/month

12 Days on Market

Highlights

  • Guest House
  • Gated Parking
  • Floor Furnace
  • Broadway Elementary Rated A-
  • Built-In Features
  • 3-minute walk to Ozone Park

About This Home

As of November 2021

Experience ultimate Venice living in this ultra-cool, private compound. A true duplex offering a combo of both original beach charm and modern touches. The 2BR, 1 BA front home-currently tenant occupied- is dripping with touches from the 1920's, including Douglas Fir hardwood floors, vintage stove, romantic arches, built-ins and a cozy fireplace. Enjoy a glass of wine at sunset in the private front yard, complete with a putting green and palm trees. The quiet, secluded 1BR/1BA back home defines laid back, with an indoor/outdoor flow made for the California lifestyle. Rinse off in the outdoor shower after the perfect surf, then entertain friends at your outdoor kitchen, complete with BBQ, farmhouse sink and cold beer on tap. Get creative with the versatile bonus guest house, which can be used as a yoga studio, home office or additional bedroom. Located in the perfect pocket of the neighborhood, just North of Rose Ave. Walkable to famed Venice Beach, and all the best local restaurants, coffee joints and shops. If sunshine, ocean breezes and good vibes are your jam, this is the one you've been waiting for.

Last Agent to Sell the Property

Alexis Gallardo

Compass License #01924003 Listed on: 10/21/2021

Compass

Last Buyer's Agent

Solo Scott

Compass License #01340093

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $25,222

Year Built

  • Built in 1926

Lot Details

  • 4,224

Interior Spaces

  • 1,437 Sq Ft Home
  • 1-Story Property
  • Built-In Features

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Gated Parking

Utilities

  • Floor Furnace
  • Heating System Mounted To A Wall or Window

Additional Features

  • 4,224 Sq Ft Lot
  • Guest House

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 4240-003-012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$25,222

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1437
  • Lot Acreage: 0.0970
  • Stories: 1
  • Year Built: 1926
  • Number Of Photos: 41
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 3
  • Total Bathrooms: 2.00
  • Equipment: Built-Ins, Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 1249.13

Exterior Features

  • Other Structures: GuestHouse

Garage/Parking

  • Parking Garage: Gated
  • Total Parking: 1

Utilities

  • Heating: Wall, Floor Furnace

Lot Info

  • Assessed Improvement Percent: 23.18
  • Assessed Improvement Value: 213628
  • Assessed Land Percent: 76.82
  • Assessed Land Value: 708173
  • Total Assessed Value: 921801
  • Assessor Parcel Number: 4240-003-012
  • Lot Size Area: 4224

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Attached
  • Vacancy Rate: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2021
Closed on
Nov 9, 2021
Sold by
Villaiuna Jill and Patterson Lachlan
Bought by
Copeland Jeffery L and Jeffery C Copeland Family Trus
Seller's Agent
Alexis Gallardo
Compass
Buyer's Agent
Solo Scott
Compass
List Price
$1,795,000
Sold Price
$2,000,000
Premium/Discount to List
$205,000
11.42%
Current Estimated Value
$2,154,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,702
Avg. Annual Appreciation
2.85%

Purchase Details

Closed on
Aug 5, 2009
Sold by
Oles Stephen G
Bought by
Villaluna Jill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,850
Interest Rate
5.05%
Mortgage Type
New Conventional
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
Copeland Jeffery L $2,000,000 Fidelity National Title
Villaluna Jill -- Fidelity National Title
Villaluna Jill $781,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jeffery C Copeland Family Trus $1,400,000
Previous Owner Villaluna Jill $533,850
Previous Owner Oles Stephen G $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2021 11/22/21 Sold $2,000,000 +11.4% $1,392 / Sq Ft
11/02/2021 11/02/21 Pending -- -- --
10/21/2021 10/21/21 For Sale $1,795,000 -- $1,249 / 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 $25,222 $2,122,415 $1,804,053 $318,362
2024 $25,222 $2,080,800 $1,768,680 $312,120
2023 $24,731 $2,040,000 $1,734,000 $306,000
2022 $23,573 $2,000,000 $1,700,000 $300,000
2021 $11,111 $931,350 $715,509 $215,841
2019 $10,776 $903,728 $694,288 $209,440
2018 $10,716 $886,009 $680,675 $205,334
2016 $10,248 $851,606 $654,245 $197,361
2015 $10,097 $838,815 $644,418 $194,397
2014 $10,136 $822,385 $631,795 $190,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-795476

The MLS

APN: 4240-003-012