$1,980,000
SOLD DEC 3, 2024
6 Beds
6 Baths
3,476 Sq Ft
2,656 Sq Ft Lot

Recently Sold

$570 Per Sq Ft

29% Below List Price

106 Days on Market

Highlights

  • Traditional Architecture
  • Coeur D'Alene Avenue Elementary School Rated A-
  • Laundry Room

About This Home

As of December 2024

Huge Price Improvement!! Amazing Owner-User investment opportunity on the cusp of Venice Beach and the Marina Peninsula! One block north from famous Venice Pier and Washington Square. Minutes from the Venice Canals, Abbot Kinney, and Marina del Rey. Large units with outdoor space.This building is the epitome of coastal living, perfect for an Owner-User that wants to live steps from the beach! Ground floor 3-Bedroom, 3-Bathroom unit with private patio.

Last Agent to Sell the Property

William Dawson

Sullivan-Dituri Co.Realtors License #01059814 Listed on: 06/17/2024

Co-Listed By

Ryan Dawson

Sullivan-Dituri Co.Realtors License #01962971

Last Buyer's Agent

William Dawson

Sullivan-Dituri Co.Realtors License #01059814 Listed on: 06/17/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,468

Year Built

  • Built in 1971

Home Design

  • Traditional Architecture

Interior Spaces

  • 3,476 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Kitchen

  • Oven or Range
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Parking

  • 3 Parking Spaces
  • Carport

Additional Features

  • 2,656 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 4227-018-028

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,468

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 3476
  • Lot Acreage: 0.0610
  • Stories: 2
  • Year Built: 1971
  • Number Of Photos: 8
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Laundry: Room
  • Total Bathrooms: 6.00
  • Equipment: Microwave, Refrigerator, Range/Oven, Dishwasher
  • Price Per S Q F T: 647.30

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Carport
  • Total Parking: 3

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 29.77
  • Assessed Improvement Value: 171120
  • Assessed Land Percent: 70.23
  • Assessed Land Value: 403614
  • Total Assessed Value: 574734
  • Assessor Parcel Number: 4227-018-028
  • Lot Size Area: 2656

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 20.49
  • Number Of Units: 2
  • Total Annual Expense: 49875
  • Type Of Units: 3 bed
  • Vacancy Rate: 50%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2024
Closed on
Oct 14, 2024
Sold by
Lynne Conomikes Trust and Moffett Laura Lynne
Bought by
Turov Igor and Tsander Anzhela
Seller's Agent
William Dawson
Sullivan-Dituri Co.Realtors
Buyer's Agent
William Dawson
Sullivan-Dituri Co.Realtors
List Price
$2,795,000
Sold Price
$1,980,000
Premium/Discount to List
-$815,000
-29.16%
Views
15
Current Estimated Value
$2,044,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,069
Avg. Annual Appreciation
5.55%
Original Mortgage
$1,584,000
Interest Rate
6.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2022
Sold by
George And Lynne Conomikes Trust
Bought by
Lynne Conomikes Trust

Purchase Details

Closed on
Oct 7, 2008
Sold by
Conomikes Lynne
Bought by
Conomikes George S

Purchase Details

Closed on
Dec 27, 2007
Sold by
Conomikes George S and Conomikes Lynne
Bought by
Conomikes Lynne

Purchase Details

Closed on
Feb 23, 2005
Sold by
Conomikes George S and Conomikes Lynne
Bought by
Conomikes George S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 1999
Sold by
Rowland Lynne
Bought by
Conomikes George S

Purchase Details

Closed on
Apr 24, 1998
Sold by
Conomikes Lynne and Rowland Lynne
Bought by
Conomikes George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,000
Interest Rate
7.06%

Purchase Details

Closed on
Apr 6, 1995
Sold by
Conomikes George
Bought by
Rowland Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,000
Interest Rate
8.6%

Purchase Details

Closed on
Feb 23, 1995
Sold by
Ge Capital Asset Management Corp
Bought by
Rowland Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,000
Interest Rate
8.6%

Purchase Details

Closed on
Mar 23, 1994
Sold by
Glendale Federal Bank Fsb
Bought by
Ge Capital Asset Management Corp
Source: Public Records

Similar Homes in the area

  • 3315 Strongs Dr, Marina Del Rey, CA 90292

    $1,950,000

    • 4 Beds
    • 4 Baths
    • 2,192 Sq Ft
    • 3315 Strongs Dr
    • Marina Del Rey, CA

    Prime Venice Beach investment property! Welcome to 3315 Strong Dr, a rare and highly desirable four-unit property perfectly situated in the heart of Venice just a couple blocks from the beach and adjacent to the Venice canal. This exceptional asset features two charming studio units and two well appointed 2-bedroom, 1-bath units. Located within a mile of iconic Abbot Kinney Blvd. Great upside

    Frances Baldwin Excel Funding Real Estate Services, Inc.

    Section Image
  • 12 1/2 25th Place Unit 2, Venice, CA 90291

    $1,725,000

    • 4 Beds
    • 4 Baths
    • 2,314 Sq Ft
    • 12 1/2 25th Place
    • Unit 2
    • Venice, CA

    4-plex right on the beach currently operating at a 5.11%CAP RATE! 12.5 25th Pl, Venice is a primeopportunity for any buyer looking to take advantage ofresidential financing and own in an A+ neighborhood. Oneunit is currently renovated and vacant - perfect forowner-user!Each unit offers comfortable living spaces and modernamenities, ensuring a desirable rental experience fortenants. Most units are

    Cameron Samimi Lyon Stahl Investment Real Estate, Inc.

    Section Image
  • 12 25th Place, Venice, CA 90291

    $1,745,000

    • 4 Beds
    • 4 Baths
    • 1,948 Sq Ft
    • 12 25th Place
    • Venice, CA

    4-plex right on the beach currently operating at a 5.34%CAP RATE! 12 25th Pl, Venice is a primeopportunity for any buyer looking to take advantage ofresidential financing and own in an A+ neighborhood. Allunits have been remodeled! One unit is currently vacant,ideal for owner-user opportunity.Each unit offers comfortable living spaces and modernamenities, ensuring a desirable rental experience

    Cameron Samimi Lyon Stahl Investment Real Estate, Inc.

    Section Image
  • 22 20th Ave, Los Angeles, CA 90291

    $1,799,000

    • 4 Beds
    • 6 Baths
    • 2,980 Sq Ft
    • 22 20th Ave
    • Los Angeles, CA

    Prime Venice Beach location with 6 total rental units! Introducing an incredible opportunity to own an investment property, nestled on a lovely walk street, just 1.5 blocks from the world-famous Venice Beach Boardwalk. Located between Speedway and Pacific Avenue, this pride-of-ownership asset has been in the same family for generations. The property consists of six units (4 one-bedrooms and 2

    Dennis Hsii Highland Premiere Real Estate

    Section Image
  • 1921 Canal St, Los Angeles, CA 90291

    $2,497,500

    • 7 Beds
    • 10 Baths
    • 6,411 Sq Ft
    • 1921 Canal St
    • Los Angeles, CA

    Price Improvement! Excellent opportunity to purchase a 9-unit building a few blocks from the famous Venice Canals, Ocean Front Walk, and you can purchase the building right next store, 1921 Canal Street, which is also available (also 9-units, Identical unit mix and square footage, can be purchased together or separately). Both Buildings are Fully leased. Some units have been updated. Current

    Jeff Konecke Dogtown Realty

    Section Image
  • 1917 Canal St, Los Angeles, CA 90291

    $2,497,500

    • 7 Beds
    • 10 Baths
    • 6,411 Sq Ft
    • 1917 Canal St
    • Los Angeles, CA

    Price Improvement! Excellent opportunity to purchase a 9-unit building a few blocks from the famous Venice Canals, Ocean Front Walk, and you can purchase the building right next store, 1921 Canal Street, which is also available (also 9-units, Identical unit mix and square footage, can be purchased together or separately). All the Bachelor units in both buildings have kitchenettes. Both Buildings

    Jeff Konecke Dogtown Realty

    Section Image
  • 20 19th Ave, Venice, CA 90291

    $1,750,000

    • 4 Beds
    • 4 Baths
    • 2,328 Sq Ft
    • 20 19th Ave
    • Venice, CA

    PORTFOLIO SALE: 11 19TH AVE (3 UNITS), 20 19th AVE (4 UNITS) & 11 20th AVE (3 UNITS) PROPERTIES CAN BE SOLD TOGETHER OR SEPARATELY.... 20 19th Ave, a charming 4-plex investment opportunity right in the heart of Venice on a "Walk-Street", just steps away from the beach. This 2,328 square foot property features four bright 1-bedroom / 1-bathroom units with two units on each floor.Current ownership

    Jake Glaser Lyon Stahl Investment Real Estate, Inc.

    Section Image
  • 1702 Abbot Kinney Blvd, Venice, CA 90291

    $1,545,000

    • 4 Beds
    • 2 Baths
    • 1,867 Sq Ft
    • 1702 Abbot Kinney Blvd
    • Venice, CA

    Side by side light filled duplex in a prime location, the highly visible intersection of Venice Blvd. and Abbot Kinney Blvd. The gateway to Venice Beach, Abbot Kinney dining and Marina Del Rey. One tenant occupies this entire well-maintained duplex, 2 bedroom and 1 bathroom each, and is on a month to month. Both units have wood floors, and there is a nice dining area by the kitchen. One unit is

    Ron Wolotzky Rodeo Realty

    Section Image
  • 14 Northstar St, Marina Del Rey, CA 90292

    $2,495,000

    • 4 Beds
    • 4 Baths
    • 2,092 Sq Ft
    • 14 Northstar St
    • Marina Del Rey, CA

    Welcome to 14 Northstar Street, an exceptional ocean-view property on a prime corner lot, just steps to the sand on one of the Marina Peninsula's premier walk streets. Ideally situated at Northstar and oceanfront walk, this beautifully renovated building offers flexible use and strong income potential, with the added bonus of future development opportunities thanks to its unparalleled location.

    Jennifer Portnoy Compass

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,980,000 Usa National Title
Grant Deed $1,980,000 Usa National Title
Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Progressive Title
Interfamily Deed Transfer -- Progressive Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Equity Title
Interfamily Deed Transfer -- Equity Title Company
Interfamily Deed Transfer -- Stewart Title
Corporate Deed $356,000 Stewart Title
Corporate Deed -- Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,907,250 New Conventional
Previous Owner $1,584,000 New Conventional
Previous Owner $710,000 New Conventional
Previous Owner $650,000 New Conventional
Previous Owner $283,000 No Value Available
Previous Owner $281,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2024 12/03/24 Sold $1,980,000 -12.0% $570 / Sq Ft
10/01/2024 10/01/24 Pending -- -- --
08/07/2024 08/07/24 Price Changed $2,250,000 -9.8% $647 / Sq Ft
07/08/2024 07/08/24 Price Changed $2,495,000 -10.7% $718 / Sq Ft
06/17/2024 06/17/24 For Sale $2,795,000 -- $804 / 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
2024 $7,468 $586,228 $411,686 $174,542
2023 $7,332 $574,734 $403,614 $171,120
2022 $7,003 $563,465 $395,700 $167,765
2021 $6,899 $552,418 $387,942 $164,476
2019 $6,697 $536,036 $376,437 $159,599
2018 $6,642 $525,526 $369,056 $156,470
2016 $6,325 $505,121 $354,726 $150,395
2015 $6,235 $497,534 $349,398 $148,136
2014 $6,273 $487,789 $342,554 $145,235
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 24-405043

The MLS

APN: 4227-018-028