NOT LISTED FOR SALE

Estimated Value: $1,887,459 - $1,987,000

3 Beds
3 Baths
1,755 Sq Ft
$1,115/Sq Ft Est. Value

Last Sold April 04, 2019

Last sale price $1,740,000 $991 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $12,191/month

119 Days on Market

About This Home

As of April 2019

Classic Mid-Century 2 Story Venice triplex located on a walkstreet just steps to the world famous Venice Boardwalk. Property has 3 tuck under parking spaces in rear alley. Property recently painted. Front 1br 1ba unit currently vacant. Middle unit currently occupied with month to month long term tenant. Rear unit is a unique 2 story loft style unit and will be delivered vacant. Large fenced in front yard. Property ready for your investors remodel to make a fantastic Venice compound. Property walking distance to Windward Circle, Abbot Kinney Blvd, Venice Beach, and Washington Blvd. Call listing agent for all the details.

Last Agent to Sell the Property

Derrick Ruiz

eXp Realty of Greater Los Angeles License #00919713 Listed on: 10/15/2018

eXp Realty of Greater Los Angeles

Last Buyer's Agent

Janette Reimer

License #01371801

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,111

Year Built

1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1948
  • Price Per Sq Ft: 1025.64
  • Unit Type: 1, 2, 3
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Total Bathrooms: 3.00
  • Living Area: 1755

Exterior Features

  • Stories: 2

Garage/Parking

  • Garage Details: Covered Parking, Side By Side
  • Total Parking: 3

Utilities

  • Heating: Wall Gas

Lot Info

  • Zoning: LAR3
  • Assessor Parcel Number: 4226-013-022
  • Lot Size Area: 2632
  • Assessed Improvement Value: 62997
  • Assessed Land Value: 48561

Multi Family

  • Gross Rent Multiplier: 16.66
  • Number Of Units: 3
  • Rent Control: 100
  • Type Of Units: Triplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2018
Closed on
Mar 25, 2019
Sold by
Webber Steve Vernon
Bought by
Sinn Robert Map and Arunrat Sudsaijai
Seller's Agent
Derrick Ruiz
eXp Realty of Greater Los Angeles
Buyer's Agent
Janette Reimer
List Price
$2,000,000
Sold Price
$1,740,000
Premium/Discount to List
-$260,000
-13%
Current Estimated Value
$1,957,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,365
Avg. Annual Appreciation
1.81%
Original Mortgage
$1,305,000
Outstanding Balance
$1,182,987
Interest Rate
6.08%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$774,378

Purchase Details

Listed on
Oct 15, 2018
Closed on
Feb 12, 2019
Sold by
Webber Nancy Loy
Bought by
Webber Steve Vernon
Seller's Agent
Derrick Ruiz
eXp Realty of Greater Los Angeles
Buyer's Agent
Janette Reimer
List Price
$2,000,000
Sold Price
$1,740,000
Premium/Discount to List
-$260,000
-13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,305,000
Outstanding Balance
$1,182,987
Interest Rate
6.08%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$774,378

Purchase Details

Closed on
Mar 31, 1999
Sold by
Webber Harleigh V and Webber Priscilla J Revoc
Bought by
Webber Steve Vernon

Purchase Details

Closed on
Mar 31, 1998
Sold by
Webber Harleigh V
Bought by
Webber Steve and Harleigh Vernon & Priscilla Jean Webber
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
Sinn Robert Map $1,740,000 Old Republic Title Company
Webber Steve Vernon -- Old Republic Title Company
Webber Steve Vernon -- --
Webber Steve -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sinn Robert Map $1,305,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2019 04/04/19 Sold $1,740,000 -13.0% $991 / Sq Ft
02/11/2019 02/11/19 Pending -- -- --
10/15/2018 10/15/18 For Sale $2,000,000 -- $1,140 / Sq Ft
Source: California Desert Association of REALTORS®

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 $23,111 $1,940,997 $1,896,380 $44,617
2024 $23,111 $1,902,940 $1,859,197 $43,743
2023 $22,661 $1,865,629 $1,822,743 $42,886
2022 $21,602 $1,829,049 $1,787,003 $42,046
2021 $21,341 $1,793,186 $1,751,964 $41,222
2019 $19,423 $116,063 $50,522 $65,541
2018 $1,583 $113,788 $49,532 $64,256
2016 $1,499 $109,371 $47,609 $61,762
2015 $1,480 $107,729 $46,894 $60,835
2014 $1,506 $105,620 $45,976 $59,644
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 18-397352

California Desert Association of REALTORS®

APN: 4226-013-022