NOT LISTED FOR SALE

29 Navy St Venice, CA 90291

Venice Neighborhood
1 Bed
4 Baths
13,849 Sq Ft
5,871 Sq Ft Lot

Last Sold July 15, 2015

Last sale price $9,000,000 $650 Per Sq Ft

42 Days on Market

About This Home

As of July 2015

Prime Venice Beach LOCATION, LOCATION! World Famous Venice Beach Boardwalk! Totally rehabbed in 1993, copper plumbing, new electrical, tile countertops & much more. Rooftop deck with ocean views & six units have ocean views. Ocean view units will bring higher rents. Currently operating 24 units as monthly/weekly rentals which can be delivered vacant at close of escrow. 25 Covered Parking Spaces One Block Off-site for $135 monthly per space

Last Agent to Sell the Property

Francyne Lambert

Lambert Investments, Inc. License #00827267 Listed on: 03/20/2015

Co-Listed By

Carl Lambert

Lambert Investments, Inc. License #00860625

Last Buyer's Agent

Carl Lambert

Lambert Investments, Inc. License #00860625

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 5,871 Sq Ft Lot

Interior Spaces

  • 4 Bathrooms
  • 13,849 Sq Ft Home
  • 3-Story Property

Community Details

  • 25 Units

Listing and Financial Details

  • Assessor Parcel Number 4288-028-018

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 13849
  • Stories: 3
  • Year Built: 1924
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 4.00
  • Price Per S Q F T: 721.71

Exterior Features

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

Lot Info

  • Assessed Improvement Value: 752275
  • Assessed Land Value: 1504560
  • Assessor Parcel Number: 4288-028-018
  • Geocode Override: No
  • Lot Size Area: 5871

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 25
  • Type Of Units: Flat

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

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2015 07/15/15 Sold $9,000,000 -17.8% $650 / Sq Ft
05/01/2015 05/01/15 Pending -- -- --
03/20/2015 03/20/15 For Sale $10,950,000 -- $791 / 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 $127,280 $10,654,172 $7,457,923 $3,196,249
2024 $127,280 $10,445,268 $7,311,690 $3,133,578
2023 $124,796 $10,240,460 $7,168,324 $3,072,136
2022 $118,971 $10,039,668 $7,027,769 $3,011,899
2021 $117,523 $9,842,813 $6,889,970 $2,952,843
2019 $113,992 $9,555,987 $6,685,610 $2,870,377
2018 $113,764 $9,367,700 $6,554,520 $2,813,180
2016 $108,776 $9,000,000 $6,300,000 $2,700,000
2015 $28,949 $2,301,926 $1,534,621 $767,305
2014 -- $2,256,835 $1,504,560 $752,275
Source: Public Records

Agents Affiliated with this Home

  • Francyne Lambert

    Seller's Agent in 2015

    Francyne Lambert

    Lambert Investments, Inc.

    (310) 720-9299

    6 in this area

    18 Total Sales

    Francyne Lambert
    Section Image

  • C

    Seller Co-Listing Agent in 2015

    Carl Lambert

    Lambert Investments, Inc.

    (310) 453-9656

    3 Total Sales

    Carl Lambert
    Section Image
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Map

Source: The MLS

MLS Number: 15-888807

The MLS
California Los Angeles County Venice 90291 Venice

29 Navy St, Venice, CA

Not Listed for Sale

MultiFamily

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