NOT LISTED FOR SALE

25 Rose Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $2,878,000 - $6,161,000

4 Beds
3 Baths
1,978 Sq Ft
$2,145/Sq Ft Est. Value

Last Sold March 22, 2017

Last sale price $3,470,000 $1,754 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $26,014/month

13 Days on Market

Highlights

  • 1-Story Property
  • Venice High School Rated A
  • 4-minute walk to Venice Beach Playground

About This Home

As of March 2017

This is an amazing project next to the beach. See drone video under the virtual link to see huge upside on this double size R3 Zoned Lot (6391 sq ft) just 250 ft from Venice Beach. Many options available for developers with 8 off alley parking spots. Existing structure is a vacant 3 unit house consisting of an unfinished 2-bed house with attached 2 finished single units. Offering Memorandum in docs.

Last Agent to Sell the Property

Gabriel Jones

Keller Williams Realty Calabasas License #01314138 Listed on: 02/28/2017

Keller Williams Realty Calabasas

Co-Listed By

Christopher Jones

Jesse Weinberg License #01747179

Last Buyer's Agent

Mark Kitching

Douglas Elliman License #01742148

Douglas Elliman

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1908

Lot Details

  • 6,391

Interior Spaces

  • 1,978 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • 12 Parking Spaces
  • On-Street Parking

Additional Features

  • 6,391 Sq Ft Lot
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 4286-019-010

Property Details

Home Type

Multi-Family

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1978
  • Stories: 1
  • Year Built: 1908
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 3.00
  • Price Per S Q F T: 1766.94

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: On street
  • Total Parking: 12

Utilities

  • Heating: Natural Gas

Lot Info

  • Assessor Parcel Number: 4286-019-010
  • Geocode Override: No
  • Lot Size Area: 6391

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 3
  • Type Of Units: rental

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2017
Closed on
Mar 20, 2017
Sold by
Paul Thomas C
Bought by
Alc Realty Llc
Seller's Agent
Gabriel Jones
Keller Williams Realty Calabasas
Buyer's Agent
Mark Kitching
Douglas Elliman
List Price
$3,495,000
Sold Price
$3,470,000
Premium/Discount to List
-$25,000
-0.72%
Current Estimated Value
$4,242,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$772,758
Avg. Annual Appreciation
2.28%

Purchase Details

Listed on
Jan 13, 2016
Closed on
Feb 11, 2016
Sold by
The Daniel Corporation
Bought by
Paul Thomas C and The Thomas C Paul Family Living Trust
Seller's Agent
Charlie Coronado
Compass
Buyer's Agent
Christopher Jones
Jesse Weinberg
List Price
$2,715,750
Sold Price
$2,220,000
Premium/Discount to List
-$495,750
-18.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.02%
Source: Public Records

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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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
Alc Realty Llc $3,470,000 Lawyers Title
Paul Thomas C $2,220,000 Lawyers Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/22/2017 03/22/17 Sold $3,470,000 0.0% $1,754 / Sq Ft View Prior Sale
03/22/2017 03/22/17 Sold $3,470,000 -0.7% $1,754 / Sq Ft
03/13/2017 03/13/17 Pending -- -- --
03/13/2017 03/13/17 Pending -- -- --
02/28/2017 02/28/17 For Sale $3,495,000 0.0% $1,767 / Sq Ft
01/26/2017 01/26/17 For Sale $3,495,000 +57.4% $1,767 / Sq Ft
03/02/2016 03/02/16 Sold $2,220,000 -18.3% $1,122 / Sq Ft View Prior Sale
01/13/2016 01/13/16 For Sale $2,715,750 -- $1,373 / Sq Ft
Source: The MLS

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 $47,781 $4,027,227 $3,562,995 $464,232
2024 $47,781 $3,948,263 $3,493,133 $455,130
2023 $46,845 $3,870,847 $3,424,641 $446,206
2022 $44,648 $3,794,949 $3,357,492 $437,457
2021 $44,123 $3,720,539 $3,291,659 $428,880
2019 $42,790 $3,610,388 $3,194,028 $416,360
2018 $42,603 $3,539,600 $3,131,400 $408,200
2016 $1,776 $128,772 $90,072 $38,700
2015 $1,753 $126,839 $88,720 $38,119
2014 $1,770 $124,356 $86,983 $37,373
Source: Public Records

Agents Affiliated with this Home

  • Christopher Jones

    Seller's Agent in 2017

    Christopher Jones

    Jesse Weinberg

    (310) 430-9918

    10 Total Sales

    Christopher Jones
    Section Image
  • Gabriel Jones

    Seller's Agent in 2017

    Gabriel Jones

    Keller Williams Realty Calabasas

    (818) 324-3430

    3 Total Sales

    Gabriel Jones
    Section Image
  • Mark Kitching

    Buyer's Agent in 2017

    Mark Kitching

    Douglas Elliman

    (310) 902-0221

    11 in this area

    30 Total Sales

    Mark Kitching
    Section Image
  • Charlie Coronado

    Seller's Agent in 2016

    Charlie Coronado

    Compass

    (323) 841-2911

    46 Total Sales

    Charlie Coronado
    Section Image
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Map

Source: The MLS

MLS Number: 17-206432

The MLS

APN: 4286-019-010

California Los Angeles County Venice 90291 Venice

25 Rose Ave, Venice, CA

Not Listed for Sale

MultiFamily

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