NOT LISTED FOR SALE

Estimated Value: $1,610,000 - $2,284,427

3 Beds
2 Baths
2,039 Sq Ft
$890/Sq Ft Est. Value

Last Sold November 28, 2023

Last sale price $1,545,000 $758 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $11,447/month

42 Days on Market

Highlights

  • Wood Flooring
  • 4 Car Attached Garage
  • Floor Furnace
  • Beethoven Street Elementary School Rated 9+
  • Detached Carport Space

About This Home

As of November 2023

Amazing opportunity to purchase an R4, corner lot duplex in Venice. Currently there are 2 detached homes. The main home is a 2+1 spanish with an attached two-car garage, large bedrooms and a laundry room and is oozing with charm. The 2nd home is a cute 1+1 Venice bungalow with a large bedroom and a private front yard/patio. There are plenty of options here. There is tons of unused land for you to add more units, make the detached garage an ADU, tear it down and take advantage of the zoning and build a large complex or move-in or keep it as is for future value. A brand new roof was put on all buildings last year and we even have the original blue prints from the 20's!

Last Agent to Sell the Property

Dahlia Pashaie

Core Realty, Inc. License #01423165 Listed on: 08/30/2023

Last Buyer's Agent

Dahlia Pashaie

Core Realty, Inc. License #01423165 Listed on: 08/30/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,949

Year Built

  • Built in 1921

Lot Details

  • 5,964

Home Design

  • Duplex
  • Split Level Home

Interior Spaces

  • 2,039 Sq Ft Home
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Car Attached Garage
  • 2 Open Parking Spaces
  • Detached Carport Space

Additional Features

  • 5,964 Sq Ft Lot
  • Floor Furnace

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Tenant pays for gas, electricity, trash collection
  • Assessor Parcel Number 4236-006-012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,949

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 2039
  • Lot Acreage: 0.1369
  • Year Built: 1921
  • Number Of Photos: 21
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Flooring: Wood
  • Bedrooms: 3
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 833.74

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No

Garage/Parking

  • Other Spaces: 2
  • Covered Parking: 4
  • Parking Garage: Carport, Garage Is Detached, Garage Is Attached, Carport Detached
  • Total Parking: 4

Utilities

  • Heating: Floor
  • Water Expense: 456.00

Fee Information

  • Management Expense: 2584.00

Lot Info

  • Assessed Improvement Percent: 37.27
  • Assessed Improvement Value: 29081
  • Assessed Land Percent: 62.73
  • Assessed Land Value: 48943
  • Total Assessed Value: 78024
  • Assessor Parcel Number: 4236-006-012
  • Lot Size Area: 5964

Rental Info

  • Tenant Pays: Gas, Electricity, Trash Collection

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 4600.02
  • Type Of Units: duplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2023
Closed on
Oct 19, 2023
Sold by
Martin Mondrus Family Trust
Bought by
Corral Javier
Seller's Agent
Dahlia Pashaie
Core Realty, Inc.
Buyer's Agent
Dahlia Pashaie
Core Realty, Inc.
List Price
$1,700,000
Sold Price
$1,545,000
Premium/Discount to List
-$155,000
-9.12%
Views
305
Current Estimated Value
$1,814,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,607
Avg. Annual Appreciation
9.63%

Purchase Details

Closed on
Mar 6, 2020
Sold by
Miller Philip R and Rangel Marguerite C
Bought by
Miller Philip and Rangel Marguerite C
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
Corral Javier $1,545,000 Chicago Title Company
Miller Philip -- First American Title Ins Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2023 11/28/23 Sold $1,545,000 -9.1% $758 / Sq Ft
10/11/2023 10/11/23 Pending -- -- --
08/30/2023 08/30/23 For Sale $1,700,000 -- $834 / 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 $18,949 $1,575,900 $943,500 $632,400
2024 $18,949 $1,545,000 $925,000 $620,000
2023 $1,372 $79,583 $49,921 $29,662
2022 $1,325 $78,024 $48,943 $29,081
2021 $1,297 $76,495 $47,984 $28,511
2020 $1,303 $75,711 $47,492 $28,219
2019 $1,267 $74,227 $46,561 $27,666
2018 $1,202 $72,773 $45,649 $27,124
2016 $1,135 $69,949 $43,877 $26,072
2015 $1,123 $68,899 $43,218 $25,681
2014 $1,143 $67,550 $42,372 $25,178
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-299803

The MLS

APN: 4236-006-012