NOT LISTED FOR SALE

Estimated Value: $2,289,000 - $3,183,000

4 Beds
4 Baths
3,600 Sq Ft
$760/Sq Ft Est. Value

Last Sold June 02, 2017

Last sale price $2,065,000 $574 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $17,068/month

16 Days on Market

About This Home

As of June 2017

27 Ozone Avenue, a charming four unit property in the heart of Venice Beach, California. Built in 1907, the interior and exterior of this property is filled with historic charm that holds great potential for an investor seeking a desirable asset to renovate. The building consists of one (1) one bedroom/ one bathroom unit, two (2) two bedroom/ one bathroom units, and one (1) two bedroom/two bathroom unit. A walk through the units includes original hardwood floors, custom craftsman built-ins, original molding details, and touches of craftsman wood throughout. The upstairs units offer bedrooms that lookout to the private yard space through picturesque windows, while the downstairs units step out onto the buildings quaint front wooden porch. the building is a total of 3,600 square feet, offering spacious units for the Venice community, on a lot of 3,000 square feet. The property offers three (3) parking spaces for the tenants.

Last Agent to Sell the Property

Alicia Shepherd

KW Advisors License #01916304 Listed on: 12/19/2016

Last Buyer's Agent

Alicia Shepherd

KW Advisors License #01916304 Listed on: 12/19/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1907

Lot Details

  • 3,001 Sq Ft Lot

Interior Spaces

  • 3,600 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 3 Parking Spaces
  • Unassigned Parking

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 4286-018-022

Property Details

Home Type

Multi-Family

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3600
  • Stories: 2
  • Year Built: 1907
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 652.78

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Unassigned
  • Total Parking: 3

Lot Info

  • Assessed Improvement Value: 41601
  • Assessed Land Value: 60449
  • Assessor Parcel Number: 4286-018-022
  • Geocode Override: No
  • Lot Size Area: 3001

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 23.94
  • Number Of Units: 4
  • Type Of Units: Standard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2018
Sold by
Naderi Ben
Bought by
27 Ozone Llc
Current Estimated Value
$2,734,249

Purchase Details

Listed on
Dec 19, 2016
Closed on
Apr 21, 2017
Sold by
Yamtoobian Ilana
Bought by
Duel David
Seller's Agent
Alicia Shepherd
KW Advisors
Buyer's Agent
Alicia Shepherd
KW Advisors
List Price
$2,690,000
Sold Price
$2,065,000
Premium/Discount to List
-$625,000
-23.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.28%
Original Mortgage
$1,548,750
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2017
Sold by
Harrison Properties Llc
Bought by
Naderi Benjamin and Duel David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,548,750
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2016
Sold by
Harrison Harvey E
Bought by
Harrison Properties Llc

Purchase Details

Closed on
Dec 28, 2012
Sold by
Harrison Laura C and Harrison Living Trust
Bought by
Harrison Laura C and Harrison Credit Shelter Trust
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
27 Ozone Llc -- None Available
Duel David -- North American Title Co Inc
Naderi Benjamin $2,065,000 North American Title Co Inc
Harrison Properties Llc -- None Available
Harrison Laura C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Naderi Benjamin $1,548,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2017 06/02/17 Sold $2,065,000 -12.1% $574 / Sq Ft
03/01/2017 03/01/17 Price Changed $2,350,000 -1.7% $653 / Sq Ft
01/24/2017 01/24/17 Price Changed $2,390,000 -11.2% $664 / Sq Ft
01/06/2017 01/06/17 For Sale $2,690,000 0.0% $747 / Sq Ft
01/04/2017 01/04/17 Pending -- -- --
12/19/2016 12/19/16 For Sale $2,690,000 -- $747 / 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 $30,680 $2,571,490 $2,457,709 $113,781
2024 $30,680 $2,521,069 $2,409,519 $111,550
2023 $30,084 $2,471,637 $2,362,274 $109,363
2022 $28,678 $2,423,174 $2,315,955 $107,219
2021 $28,324 $2,375,662 $2,270,545 $105,117
2020 $28,620 $2,351,304 $2,247,264 $104,040
2019 $25,630 $2,148,426 $1,976,760 $171,666
2018 $25,548 $2,106,300 $1,938,000 $168,300
2016 $1,519 $102,050 $60,449 $41,601
2015 $1,501 $100,518 $59,541 $40,977
2014 $1,534 $98,550 $58,375 $40,175
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-187496

The MLS

APN: 4286-018-022

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