NOT LISTED FOR SALE

236 Market St Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,642,550

2 Beds
4 Baths
1,890 Sq Ft
$869/Sq Ft Est. Value

Sale Details

Date Sold: July 28, 2023

Last sale price $1,590,000 $841 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $10,976 / mo

96 Days on Market

Highlights

  • Built-In Features
  • Bathtub with Shower
  • North Facing Home
  • Venice High School Rated A
  • Bungalow
  • Historic Home

About This Home

As of July 2023

New gross rental income increase. Character craftsman three blocks to beach. Four legal units, two separate buildings. 1 bedroom upper unit delivered vacant. Front units are side by side singles with separate kitchens, h/wood flrs, walk-in closets and 40s style tile bathrooms. Back units are two upper/ lower 1 bedrooms. Great for owner/user. Feature grassy common area between buildings and extemely cool neighbors. Upside potential on rents. $110,000 gross income reflects 5% allowable increase February 2024 and market rental value of 1 bedroom owner unit delivered vacant. Please do not disturb tenants.

Last Agent to Sell the Property

Winston Cenac

Bulldog Realtors, Inc. License #01218663 Listed on: 03/20/2023

Co-Listed By

Mia Hultgren

Bulldog Realtors, Inc. License #02178175

Last Buyer's Agent

Shelby Ring

Compass License #01949380

Compass

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 1940

Lot Details

  • 2,850 Sq Ft Lot
  • North Facing Home
  • Historic Home

Home Design

  • Bungalow
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 1,890 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Drapes & Rods
  • Blinds

Kitchen

  • Gas Oven
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 4 Bathrooms
  • Bathtub with Shower

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Location

  • City Lot

Utilities

  • Heating System Mounted To A Wall or Window
  • Property is located within a water district
  • Water Heater
  • Sewer in Street
  • Cable TV Available

Listing and Financial Details

  • The owner pays for electricity, gardener, water
  • Assessor Parcel Number 4238-013-027

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

2,850 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Style: California Bungalow
  • Street Number Display: Yes
  • Alley: Yes
  • Building Permit: Yes
  • Disability Access: Entry Slope Less than 1 foot
  • Living Area: 1890
  • Lot Acreage: 0.0654
  • Stories: 2
  • Year Built: 1940
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Built-Ins
  • Appliances: Oven-Gas
  • Bedrooms: 2
  • Common Walls: Attached
  • Bathroom Features: Shower and Tub
  • Kitchen Features: Counter Top
  • Total Bathrooms: 4.00
  • Equipment: Built-Ins, Cable, Garbage Disposal, Refrigerator, Range/Oven
  • Price Per S Q F T: 846.03
  • Windows: Window Blinds, Drapes/Curtains, Mini Blinds

Exterior Features

  • Direction Faces: North
  • Other Features: Historical
  • Other Structures: None
  • Foundation Details: Slab
  • Pool: No
  • Roof: Asphalt
  • Spa Yn: No

Utilities

  • Water Heater: Water Heater Unit
  • Heating: Wall Gas
  • Security: Fire and Smoke Detection System, Smoke Detector
  • Sewer: In Street
  • Water: District
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 40.91
  • Assessed Improvement Value: 162319
  • Assessed Land Percent: 59.09
  • Assessed Land Value: 234470
  • Total Assessed Value: 396789
  • Assessor Parcel Number: 4238-013-027
  • Lot Location: City
  • Lot Size Area: 2850

Rental Info

  • Owner Pays: Electricity, Gardener, Water
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 16.40
  • Gross Scheduled Income: 75998.00
  • Number Of Units: 4
  • Rent Control: 100
  • Type Of Units: garden

Tax Info

  • Mello Roos: Unknown

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
Mar 20, 2023
Closed on
Jun 14, 2023
Sold by
Island Boy Trust
Bought by
Seller's Agent
Winston Cenac
Bulldog Realtors, Inc.
Buyer's Agent
Shelby Ring
Compass
List Price
$1,689,000
Sold Price
$1,590,000
Premium/Discount to List
-$99,000
-5.86%
Views
265
Current Estimated Value
$1,642,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,550
Avg. Annual Appreciation
1.03%
Original Mortgage
$1,431,000
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2016
Sold by
Cenac Winston and Island Boy Trust
Bought by
Cenac Winston and Island Boy Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,125,000
Interest Rate
3.71%
Mortgage Type
Commercial

Purchase Details

Closed on
May 31, 2012
Sold by
Cenac Winston
Bought by
Cenac Winston and Island Boy Trust
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

  • Rory Cochrane Real Estate Agent - West Shores Realty, Inc.

    Rory Cochrane

    West Shores Realty, Inc.

    (424) 372-8596

    5 Total Sales

    2 in Venice

    $912,500 Price Range

    Rory Cochrane
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  • Megan Husri Real Estate Agent - Keller Williams Studio City

    Megan Husri

    Responds Quickly

    Keller Williams Studio City

    (747) 279-3321

    88 Total Sales

    1 in Venice

    $1,700,000 Price

    Megan Husri
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  • Chad Singer Real Estate Agent - Amalfi Estates

    Chad Singer

    Amalfi Estates

    (855) 936-0705

    94 Total Sales

    1 in Venice

    $1,050,000 Price

    Chad Singer
     Section Image
  • Jackie Lira Real Estate Agent - eXp Realty of Greater Los Angeles

    Jackie Lira

    eXp Realty of Greater Los Angeles

    (424) 523-8009

    3 Total Sales

    1 in Venice

    $1,697,500 Price

    Jackie Lira
     Section Image
  • Michelle Price Real Estate Agent - Equity Union Real Estate

    Michelle Price

    Equity Union Real Estate

    (747) 250-7398

    58 Total Sales

    1 in Venice

    $950,000 Price

    Michelle Price
     Section Image
  • Nikolai Medvedev Real Estate Agent - Berkshire Hathaway HomeServices California Properties

    Nikolai Medvedev

    Berkshire Hathaway HomeServices California Properties

    (213) 652-6289

    20 Total Sales

    1 in Venice

    $2,437,500 Price

    Nikolai Medvedev
     Section Image
See All Agents

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
$1,590,000 Orange Coast Title
Cenac Winston -- Lawyers Title Company
Cenac Winston -- 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
Closed $2,475,000
Closed 90018 Collection Llc $1,431,000
Previous Owner Cenac Winston $250,000
Previous Owner Cenac Winston $1,125,000
Previous Owner Cenac Winston $140,000
Previous Owner Cenac Winston $760,000
Previous Owner Cenac Winston $516,000
Previous Owner Cenac Winston $410,000
Previous Owner Cenac Winston $299,000
Previous Owner Cenac Winston $64,000
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
07/28/2023 07/28/23 Sold $1,590,000 -0.6% $841 / Sq Ft
06/24/2023 06/24/23 Pending -- -- --
06/04/2023 06/04/23 Price Changed $1,599,000 -0.7% $846 / Sq Ft
06/02/2023 06/02/23 Price Changed $1,610,000 -2.4% $852 / Sq Ft
05/18/2023 05/18/23 Price Changed $1,649,000 -2.4% $872 / Sq Ft
03/20/2023 03/20/23 For Sale $1,689,000 0.0% $894 / Sq Ft
12/03/2019 12/03/19 Rented $1,950 0.0% --
11/12/2019 11/12/19 For Rent $1,950 -- --
Source: The MLS

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 $19,586 $1,654,236 $1,248,480 $405,756
2025 $19,586 $1,621,800 $1,224,000 $397,800
2024 $19,383 $1,590,000 $1,200,000 $390,000
2023 $5,263 $412,818 $243,942 $168,876
2022 $5,027 $404,724 $239,159 $165,565
2021 $4,956 $396,789 $234,470 $162,319
2019 $4,812 $385,221 $227,516 $157,705
2018 $4,770 $377,672 $223,055 $154,617
2016 $4,551 $362,817 $214,395 $148,422
2015 $4,487 $357,368 $211,175 $146,193
2014 $4,527 $350,369 $207,039 $143,330
Source: Public Records

Agents Affiliated with this Home

  • WC

    Seller's Agent in 2023

    Winston Cenac

    Bulldog Realtors, Inc.

    Section Image

  • MH

    Seller Co-Listing Agent in 2023

    Mia Hultgren

    Bulldog Realtors, Inc.

    Section Image
  • Shelby Ring Real Estate Agent - Compass

    Buyer's Agent in 2023

    Shelby Ring

    Compass

    (213) 973-7435

    2 in this area

    20 Total Sales

    Shelby Ring
    Section Image

  • CG

    Buyer's Agent in 2019

    Claudia Gomez de Padilla

    Mary Lou Properties

See All Agents

Map

Source: The MLS

MLS Number: 23-252283

The MLS

APN: 4238-013-027

California Los Angeles County Venice 90291 Venice

236 Market St, Venice, CA

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The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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