Seller's Agent in 2021
Louis Perez
Tradewind Realty
(310) 717-1592
2 in this area
31 Total Sales
2914 Pacific Ave Venice, CA 90291
Venice NeighborhoodEstimated Value: $2,410,336 - $2,964,000
6
Beds
6
Baths
3,576
Sq Ft
$751/Sq Ft
Est. Value
Highlights
- City View
- Contemporary Architecture
- Wood Flooring
- Coeur D'Alene Avenue Elementary School Rated A-
- Living Room with Fireplace
- Furnished
About This Home
As of September 2021Bread & Butter Building - Pacific Avenue apartment complex located in a prime Venice location steps away from Venice Beach. Duplex + 2 bonus units. Used as 4 Plex for many years. Presently, front 3 bedroom and 4th large single are vacant. 3 bed is being marketed at $4,950 with rental applications in hand. JADU or ADU ordinance to convert bonus units (Buyer to do due diligence). Ideal for an owner-occupant to purchase & reside with income from the other units for affordability. All rents are actual per listing. A desirable unit mix includes One - 3 bed/2 baths, One - 2 bed/2 bath and TWO - 0 bed/1 bath studios one of which is the bonus unit. The 2 Bedroom 2 bath unit is recently renovated and is a Townhouse style unit. The building can be a perfect owner/user opportunity or a straight investment for cash flow. Close proximity to restaurants, bars, Marina Del Rey, Santa Monica and the Venice Boardwalk. Come and enjoy living in this Venice property or simply add this prime real estate to your portfolio of properties. Call Broker for more information. (See attached for layout of 2 & 3 bedroom). Acceptance subject to cancellation of present escrow.
Last Agent to Sell the Property
Tradewind Realty License #01218758 Listed on: 06/29/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1974 | Remodeled
Lot Details
- 2,830 Sq Ft Lot
- South Facing Home
Home Design
- Contemporary Architecture
- Split Level Home
- Turnkey
- Combination Foundation
- Composition Roof
- Concrete Perimeter Foundation
- Copper Plumbing
- Stucco
Interior Spaces
- 3,576 Sq Ft Home
- 2-Story Property
- Furnished
- Double Pane Windows
- Living Room with Fireplace
- City Views
- Leased Washer and Dryer
- Basement
Kitchen
- Oven or Range
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Bathrooms
Parking
- 8 Parking Spaces
- Attached Carport
Outdoor Features
- Balcony
- Front Porch
Location
- City Lot
Utilities
- Radiant Heating System
- Heating System Mounted To A Wall or Window
- Gas Water Heater
- Sewer in Street
- Cable TV Available
Community Details
- 2 Units
- Laundry Facilities
- Rent Control
Listing and Financial Details
- Tenant pays for gas, cable TV, electricity, trash collection
- The owner pays for water, gardener
- Assessor Parcel Number 4227-018-004
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 30, 2014
Sold by
Abouaf Henry R
Bought by
Best Westside Properties Llc
Current Estimated Value
Purchase Details
Closed on
May 2, 2000
Sold by
Rostker Terry
Bought by
Abouaf Henry R and Abouaf Sondra E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,000
Interest Rate
8.22%
Mortgage Type
Stand Alone First
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Best Westside Properties Llc | -- | None Available | |
| Abouaf Henry R | -- | Southland Title Corporation |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Abouaf Henry R | $441,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/30/2021 09/30/21 | Sold | $2,275,000 | -0.9% | $636 / Sq Ft |
| 07/19/2021 07/19/21 | Pending | -- | -- | -- |
| 06/29/2021 06/29/21 | For Sale | $2,295,000 | -- | $642 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $28,857 | $2,414,247 | $1,697,932 | $716,315 |
| 2024 | $28,857 | $2,366,910 | $1,664,640 | $702,270 |
| 2023 | $28,297 | $2,320,500 | $1,632,000 | $688,500 |
| 2022 | $26,977 | $2,275,000 | $1,600,000 | $675,000 |
| 2021 | $10,944 | $894,541 | $638,964 | $255,577 |
| 2019 | $10,620 | $868,011 | $620,013 | $247,998 |
| 2018 | $10,561 | $850,992 | $607,856 | $243,136 |
| 2016 | $10,078 | $817,949 | $584,253 | $233,696 |
| 2015 | $9,933 | $805,663 | $575,477 | $230,186 |
| 2014 | $9,979 | $789,882 | $564,205 | $225,677 |
Source: Public Records
Agents Affiliated with this Home
-
Louis Perez
-
Raul Aldama
Buyer's Agent in 2021
Raul Aldama
Realty One Group West
(949) 422-9690
1 in this area
19 Total Sales
Map
Source: The MLS
MLS Number: 21-754478
APN: 4227-018-004
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