NOT LISTED FOR SALE

2445 Walnut Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,293,000 - $1,341,000

4 Beds
2 Baths
1,620 Sq Ft
$812/Sq Ft Est. Value

Last Sold October 08, 2024

Last sale price $1,280,000 $790 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $7,203/month

130 Days on Market

About This Home

As of October 2024

This property is great opportunity for an owner user or a developer. Duplex in Venice Beach that features two bedrooms and one bathroom and huge kitchen in each unit, each unit has its own private yard, and a shared private garage. Conveniently located near the beach. Enjoy the ideal coastal lifestyle with this charming property that offers the perfect opportunity for both relaxation and entertainment. Explore the trendy shops and restaurants nearby or take a leisurely stroll to the sandy shores of Venice Beach. Don't miss out on this rare chance to own a piece of paradise in this coveted neighborhood. Contact us today to schedule a showing and make this duplex your new home sweet home. By appointment only must give tenants 24 hour notice.

Last Agent to Sell the Property

Robin Zacha

Power Brokers License #01263946 Listed on: 05/02/2024

Last Buyer's Agent

Erick Uribe

South Park Group, Inc. License #02106084

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,356

Year Built

  • Built in 1958

Lot Details

  • 5,829

Interior Spaces

  • 1,620 Sq Ft Home
  • 1-Story Property
  • Gas Dryer Hookup

Kitchen

  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Car Garage
  • On-Street Parking

Additional Features

  • 5,829 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 4236-004-014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,356

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 1620
  • Lot Acreage: 0.1338
  • Year Built: 1958
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 2.00
  • Equipment: Gas Dryer Hookup, Garbage Disposal, Range/Oven
  • Price Per S Q F T: 864.20

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Garage - 2 Car, On street

Utilities

  • Heating: Wall Gas, Wall

Lot Info

  • Assessed Improvement Percent: 21.86
  • Assessed Improvement Value: 53431
  • Assessed Land Percent: 78.14
  • Assessed Land Value: 190958
  • Total Assessed Value: 244389
  • Assessor Parcel Number: 4236-004-014
  • Lot Size Area: 5829

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 33.25
  • Number Of Units: 2
  • Type Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2024
Closed on
Sep 13, 2024
Sold by
Frick Family Trust and Brunnenkant Shelly M
Bought by
Schmidt Alexander Franz and Zhang Rebecca Lan
Seller's Agent
Robin Zacha
Power Brokers
Buyer's Agent
Erick Uribe
South Park Group, Inc.
List Price
$1,700,000
Sold Price
$1,280,000
Premium/Discount to List
-$420,000
-24.71%
Views
1760
Current Estimated Value
$1,316,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,001
Avg. Annual Appreciation
2.68%
Original Mortgage
$830,000
Outstanding Balance
$820,652
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$495,349

Purchase Details

Closed on
Nov 23, 2010
Sold by
Frick Helen A
Bought by
Frick Helen A and The Frick Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2003
Sold by
Frick Helen A
Bought by
Frick Helen A and The Frick Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
5.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 2003
Sold by
Frick Helen A
Bought by
Frick Helen A and The Frick Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.83%

Purchase Details

Closed on
May 13, 1999
Sold by
Frick Helen A
Bought by
Frick Helen A and The Frick Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.96%

Purchase Details

Closed on
May 4, 1999
Sold by
Frick Helen A Tr Frick Trust
Bought by
Frick Helen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.96%

Purchase Details

Closed on
Sep 22, 1994
Sold by
Frick Helen A
Bought by
Frick Helen A and The Frick Trust
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
Schmidt Alexander Franz $1,280,000 Fidelity National Title
Frick Helen A -- Fidelity National Title Co
Frick Helen A -- Fidelity National Title Co
Frick Helen A -- Fidelity National Title Co
Frick Helen A -- Fidelity National Title Co
Frick Helen A -- Fidelity National Title Co
Frick Helen A -- Fidelity National Title Co
Frick Helen A -- Fidelity National Title Co
Frick Helen A -- Fidelity National Title Ins
Frick Helen A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmidt Alexander Franz $830,000
Previous Owner Frick Helen A $380,000
Previous Owner Frick Helen A $224,000
Previous Owner Frick Helen A $220,000
Previous Owner Frick Helen A $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2024 10/08/24 Sold $1,280,000 -8.6% $790 / Sq Ft
09/09/2024 09/09/24 Pending -- -- --
08/05/2024 08/05/24 Price Changed $1,400,000 -6.7% $864 / Sq Ft
07/09/2024 07/09/24 Price Changed $1,500,000 -7.7% $926 / Sq Ft
06/22/2024 06/22/24 Price Changed $1,625,000 -4.4% $1,003 / Sq Ft
05/02/2024 05/02/24 For Sale $1,700,000 -- $1,049 / 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 $3,356 $1,280,000 $1,000,000 $280,000
2024 $3,356 $249,276 $194,777 $54,499
2023 $3,296 $244,389 $190,958 $53,431
2022 $3,148 $239,598 $187,214 $52,384
2021 $3,096 $234,901 $183,544 $51,357
2019 $3,005 $227,935 $178,100 $49,835
2018 $2,947 $223,466 $174,608 $48,858
2016 $2,806 $214,790 $167,829 $46,961
2015 $2,767 $211,565 $165,309 $46,256
2014 $2,742 $207,421 $162,071 $45,350
Source: Public Records

Agents Affiliated with this Home

  • Robin Zacha

    Seller's Agent in 2024

    Robin Zacha

    Power Brokers

    (310) 293-3043

    1 in this area

    72 Total Sales

    Robin Zacha
    Section Image
  • Erick Uribe

    Buyer's Agent in 2024

    Erick Uribe

    South Park Group, Inc.

    (323) 216-2168

    1 in this area

    13 Total Sales

    Erick Uribe
    Section Image
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Map

Source: The MLS

MLS Number: 24-387233

The MLS

APN: 4236-004-014

California Los Angeles County Venice 90291 Venice

2445 Walnut Ave, Venice, CA

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