NOT LISTED FOR SALE

Estimated Value: $1,973,000 - $2,242,055

4 Beds
5 Baths
2,496 Sq Ft
$833/Sq Ft Est. Value

Last Sold November 21, 2012

Last sale price $900,000 $361 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $11,992/month

92 Days on Market

Highlights

  • Spanish Architecture
  • Beethoven Street Elementary School Rated 9+
  • 4 Car Garage

About This Home

As of November 2012

Charming Spanish legal four-plex with garden entry located on a quiet residential street in Venice! All units are 1 bedroom, 1 bath, three have been updated. Huge lot, mature plants make this the ultimate owner/ user investment property. New owner can rent garages out for an additional $600.00 a month, currently all garages are being used for storage, and was once considered the 5th unit! Standard Sale, motivated but rational owner! Rents are actual, with a large upside to charge more. Standard Sale, INSIDE SHOWN WITH AN ACCEPTED OFFER ONLY, DO NOT DISTURB TENANTS UNDER ANY CIRCUMSTANCES! PLEASE READ PRIVATE REMARKS or call agent for submission of offer details!

Last Agent to Sell the Property

Ian Brooks

Berkshire Hathaway HomeServices California Properties License #00954065 Listed on: 08/21/2012

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Ian Brooks

Berkshire Hathaway HomeServices California Properties License #00954065 Listed on: 08/21/2012

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1903

Lot Details

  • 5,848

Home Design

  • 2,496 Sq Ft Home
  • Spanish Architecture

Parking

  • 4 Car Garage
  • 4 Carport Spaces
  • Uncovered Parking

Utilities

  • Heating System Mounted To A Wall or Window
  • Sewer in Street
  • Cable TV Available

Additional Features

  • Low Flow Toliet
  • 5,848 Sq Ft Lot

Community Details

  • 5 Units

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • The owner pays for gardener
  • Assessor Parcel Number 4236-009-027

Property Details

Home Type

Multi-Family

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 2496
  • Year Built: 1903
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bathroom Features: Low Flow Toilet(s)
  • Equipment: Cable
  • Price Per S Q F T: 356.57

Exterior Features

  • Pool: No

Garage/Parking

  • Carport Spaces: 4
  • Covered Parking: 4
  • Parking Garage: Garage, Uncovered
  • Total Parking: 4

Utilities

  • Heating: Wall
  • Sewer: In Street

Lot Info

  • Assessed Improvement Value: 218103
  • Assessor Parcel Number: 4236-009-027
  • Lot Size Area: 5848

Rental Info

  • Total Actual Rent: 5186.00
  • Owner Pays: Gardener
  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 62232.00
  • Number Of Units: 5
  • Type Of Units: 1 bedrooms

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2012
Closed on
Nov 8, 2012
Sold by
Wimmers Paul
Bought by
Chen Louise
Seller's Agent
Ian Brooks
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Ian Brooks
Berkshire Hathaway HomeServices California Properties
List Price
$1,399,000
Sold Price
$900,000
Premium/Discount to List
-$499,000
-35.67%
Current Estimated Value
$2,078,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,178,014
Avg. Annual Appreciation
6.56%
Original Mortgage
$675,000
Outstanding Balance
$465,554
Interest Rate
3.35%
Mortgage Type
New Conventional
Estimated Equity
$1,612,460

Purchase Details

Listed on
Aug 21, 2012
Closed on
Oct 26, 2012
Sold by
Rodriguez Pablo
Bought by
Chen Louise
Seller's Agent
Ian Brooks
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Ian Brooks
Berkshire Hathaway HomeServices California Properties
List Price
$1,399,000
Sold Price
$900,000
Premium/Discount to List
-$499,000
-35.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Outstanding Balance
$465,554
Interest Rate
3.35%
Mortgage Type
New Conventional
Estimated Equity
$1,612,460

Purchase Details

Closed on
Jun 26, 2009
Sold by
Rodriguez Pablo
Bought by
Rodriguez Pablo and Rodriguez Antonia

Purchase Details

Closed on
Jun 25, 2003
Sold by
Rodriguez Carmen
Bought by
Rodriguez Pablo and Rodriguez Antonia

Purchase Details

Closed on
Aug 23, 2002
Sold by
Rodriguez Daniel
Bought by
Rodriguez Pablo and Rodriguez Antonia

Purchase Details

Closed on
Sep 17, 1997
Sold by
Quinto David
Bought by
Rodriguez Daniel and Rodriguez Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,175
Interest Rate
7.26%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chen Louise -- California Title Company
Chen Louise $900,000 California Title Company
Rodriguez Pablo -- None Available
Rodriguez Pablo -- --
Rodriguez Pablo -- United Title
Rodriguez Daniel $325,000 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Louise $675,000
Previous Owner Rodriguez Daniel $292,175
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2025 06/22/25 Off Market $2,545 -- --
05/21/2025 05/21/25 Price Changed $2,545 -2.1% $4 / Sq Ft
05/20/2025 05/20/25 For Rent $2,600 0.0% --
11/21/2012 11/21/12 Sold $900,000 -35.7% $361 / Sq Ft
11/21/2012 11/21/12 Pending -- -- --
08/21/2012 08/21/12 For Sale $1,399,000 -- $560 / 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 $13,511 $1,108,276 $775,795 $332,481
2024 $13,511 $1,086,546 $760,584 $325,962
2023 $13,256 $1,065,242 $745,671 $319,571
2022 $12,650 $1,044,355 $731,050 $313,305
2021 $12,489 $1,023,878 $716,716 $307,162
2019 $12,120 $993,870 $695,458 $298,412
2018 $12,006 $974,390 $681,822 $292,568
2016 $11,478 $936,209 $655,347 $280,862
2015 $11,311 $922,148 $645,504 $276,644
2014 $11,369 $904,085 $632,860 $271,225
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-620219

The MLS

APN: 4236-009-027