NOT LISTED FOR SALE
18 Beds
17 Baths
10,524 Sq Ft
7,746 Sq Ft Lot

Sale Details

Date Sold: June 1, 2018

Last sale price $4,030,000 $383 Per Sq Ft

52 Days on Market

Highlights

  • 7,746 Sq Ft lot
  • John Muir Elementary School Rated A
  • Built-In Features

About This Home

As of June 2018

Rare opportunity to acquire an 11 unit apartment building in a fabulous Ocean Park location. Built in 1960, this four level building features large rooms and nice floor plans. Situated on an up-sloping parcel, the upper front units have great views looking towards the ocean. All units are separately metered for gas and electricity. There are 17 parking spaces, mostly tandem. Huge roof top deck. Laundry room. Fantastic location in close proximity to Main Street, Venice, and the beach. Long term tenants. Laundry room income is approximately $100/month.

Last Agent to Sell the Property

Dannie Cavanaugh

Cavanaugh Realtors License #00576151 Listed on: 02/08/2018

Last Buyer's Agent

Jessie Gortikov

Compass License #01949774

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 7,746 Sq Ft Lot
  • Lot Dimensions are 50x155

Interior Spaces

  • 10,524 Sq Ft Home
  • 4-Story Property
  • Built-In Features

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 17 Bathrooms

Parking

  • 17 Parking Spaces
  • Carport

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • 11 Units

Listing and Financial Details

  • Assessor Parcel Number 4287-022-013

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

7,746 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 10524
  • Lot Dimensions: 50X155
  • Stories: 4
  • Year Built: 1960
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 18
  • Laundry Equipment: Own
  • Total Bathrooms: 17.00
  • Equipment: Built-Ins
  • Price Per S Q F T: 451.35

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Carport
  • Total Parking: 17

Utilities

  • Heating: Wall

Lot Info

  • Assessor Parcel Number: 4287-022-013
  • Geocode Override: No
  • Lot Size Area: 7746

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114, 2115, 2116
  • Gross Rent Multiplier: 27.80
  • Number Of Units: 11
  • Rent Control: 100
  • Type Of Units: apartments
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/01/2018 06/01/18 Sold $4,030,000 -15.2% $383 / Sq Ft
04/01/2018 04/01/18 Pending -- -- --
02/08/2018 02/08/18 For Sale $4,750,000 -- $451 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $57,624 $4,585,447 $3,561,403 $1,024,044
2024 $54,034 $4,495,537 $3,491,572 $1,003,965
2023 $53,188 $4,407,390 $3,423,110 $984,280
2022 $52,554 $4,320,972 $3,355,991 $964,981
2021 $51,268 $4,236,248 $3,290,188 $946,060
2019 $50,432 $4,112,600 $3,192,600 $920,000
2018 $9,614 $688,341 $326,011 $362,330
2016 $9,105 $659,691 $313,352 $346,339
2015 $8,993 $649,783 $308,646 $341,137
2014 $8,959 $637,056 $302,601 $334,455
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 18-312100

The MLS
Your Personal Tour Guide

Ask me questions while you tour the home.