NOT LISTED FOR SALE

236 Hampton Dr Venice, CA 90291

Venice Neighborhood

Estimated Value: $2,141,000 - $3,268,000

6 Beds
4 Baths
3,374 Sq Ft
$814/Sq Ft Est. Value

Last Sold March 06, 2018

Last sale price $2,100,000 $622 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $16,847/month

5 Days on Market

Highlights

  • No HOA
  • Venice High School Rated A
  • Laundry Room

About This Home

As of March 2018

The search is ended ~ Charming & Delightful Investment Opportunity! Located a stone away from the world famous Venice Beach and situated in the most sought after area of Venice. This charming fourplex features TWO ~ 2 bedrooms & 1 bath, and TWO ~ 1 bedroom & 1 bath. Property has separate metered utilities. Each unit includes washer and dyer, refrigerator and stove as well as detached garages. Zoning is LARD1.5, built in 1953, combined living space of 3,374 sq. ft. on a large lot measuring 6,409 sq. ft. This property is a block off Main & Rose, two blocks to the Pacific Ocean, near the famous boardwalk, restaurants, shopper’s paradise of Abbot Kinney Blvd & much more… Hurry, this property will not last!

Last Agent to Sell the Property

Victoria Babilonia

Estate Properties License #01294639 Listed on: 02/09/2018

Estate Properties

Last Buyer's Agent

Victoria Babilonia

Estate Properties License #01294639 Listed on: 02/09/2018

Estate Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $28,731

Year Built

  • Built in 1953

Lot Details

  • 6,409 Sq Ft Lot
  • No Common Walls

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 3,374 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 34
  • Tax Tract Number 34
  • Assessor Parcel Number 4286002006

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Trash Expense $4,800
  • Operating Expense $4,800
  • Gross Income $90,780
  • Net Operating Income $85,980

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$28,731

Year Built

Built in 1953

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Road Surface Type: Maintained
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 4286002006
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 622.41

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 4800.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Walkstreet
  • Lot Size Sq Ft: 6409.00

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Operating Income: 90780.00
  • Gross Scheduled Income: 7565.00
  • Net Operating Income: 85980.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Range: 1
  • Number With Refrigerator: 1
  • Operating Expense: 4800.00
  • Rent Control: Yes
  • Total Actual Rent: 7565.00
  • Total Expenses: 4800.00

Tax Info

  • Tax Lot: 34
  • Tax Tract Number: 34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2019
Sold by
Rana Talwinder S and Rana Lakhwinder
Bought by
Rana Talwinder S
Current Estimated Value
$2,747,626

Purchase Details

Closed on
May 28, 2019
Sold by
Rana Talwinder S
Bought by
Rana Talwinder S and Rana Lakhwinder

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,318,867
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$1,428,759

Purchase Details

Closed on
Jul 20, 2018
Sold by
Hampton Drive Llc
Bought by
Rana Talwinder S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,540,000
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 9, 2018
Closed on
Feb 12, 2018
Sold by
Hoo Karen
Bought by
236 Hampton Drivc Llc
Seller's Agent
Victoria Babilonia
Estate Properties
Buyer's Agent
Victoria Babilonia
Estate Properties
List Price
$2,000,000
Sold Price
$2,100,000
Premium/Discount to List
$100,000
5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.58%
Original Mortgage
$1,650,000
Interest Rate
4.22%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Rana Talwinder S -- None Available
Rana Talwinder S -- Western Resources Title
Rana Talwinder S -- Nextitle
236 Hampton Drivc Llc $2,100,000 Progressive Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rana Talwinder S $1,500,000
Closed Rana Talwinder S $1,540,000
Previous Owner 236 Hampton Drivc Llc $1,650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2018 03/06/18 Sold $2,100,000 +5.0% $622 / Sq Ft
02/14/2018 02/14/18 Pending -- -- --
02/09/2018 02/09/18 For Sale $2,000,000 -- $593 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $28,731 $2,389,438 $2,048,091 $341,347
2024 $28,731 $2,342,587 $2,007,933 $334,654
2023 $28,177 $2,296,655 $1,968,562 $328,093
2022 $26,871 $2,251,623 $1,929,963 $321,660
2021 $26,542 $2,207,474 $1,892,121 $315,353
2019 $25,749 $2,142,000 $1,836,000 $306,000
2018 $6,340 $496,238 $238,347 $257,891
2016 $6,040 $476,971 $229,093 $247,878
2015 $5,955 $469,807 $225,652 $244,155
2014 $5,999 $460,605 $221,232 $239,373
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB18032035

California Regional Multiple Listing Service (CRMLS)

APN: 4286-002-006

California Los Angeles County Venice 90291 Venice

236 Hampton Dr, Venice, CA

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California Regional Multiple Listing Service (CRMLS) 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

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