NOT LISTED FOR SALE

306 Market St Los Angeles, CA 90291

Venice Neighborhood

Estimated Value: $2,364,568 - $2,484,000

6 Beds
5 Baths
3,544 Sq Ft
$684/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $1,200,000 $339 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $15,584/month

About This Home

As of October 2021

Cute Venice 6-plex in great area.

Last Agent to Sell the Property

Richard Buckisch

Exp Realty of California Inc. License #01756276 Listed on: 08/13/2021

Exp Realty of California Inc.

Last Buyer's Agent

Richard Buckisch

Exp Realty of California Inc. License #01756276 Listed on: 08/13/2021

Exp Realty of California Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $28,498

Year Built

  • Built in 1924

Lot Details

  • 5,696 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • 3,544 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Legal Lot and Block 28 / 12
  • Assessor Parcel Number 4238008028
  • $910 per year additional tax assessments

Community Details

Overview

  • 3 Buildings
  • 6 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gross Income $77,844
  • Net Operating Income $77,844

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$28,498

Year Built

Built in 1924

Lot Details

0

Parking

4

Listing Details

  • Price Per Unit: 300000
  • Property Attached: Yes
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 4238008028
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 338.60

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5696.00
  • Lot Size Acres: 0.1308

Multi Family

  • Gross Income: 77844.00
  • Gross Scheduled Income: 77844.00
  • Lot Size Area: 5696.0000 Square Feet
  • Net Operating Income: 77844.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Rent Control: Yes

Tax Info

  • Tax Block: 12
  • Tax Census Tract: 2735.02
  • Tax Lot: 28
  • Tax Tract Number: 000
  • TaxOtherAnnualAssessmentAmount: 910.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2022
Sold by
Burbank Apartments Llc and Insta Properties Llc
Bought by
Kalnel Gardens Llc
Current Estimated Value
$2,424,284

Purchase Details

Listed on
Aug 13, 2021
Closed on
Nov 15, 2021
Sold by
Burbank Apartments Llc and Burbank Properties Llc
Bought by
Burbank Apartments Llc
Seller's Agent
Richard Buckisch
Exp Realty of California Inc.
Buyer's Agent
Richard Buckisch
Exp Realty of California Inc.
List Price
$1,800,000
Sold Price
$1,200,000
Premium/Discount to List
-$600,000
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.49%
Original Mortgage
$5,000,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 13, 2021
Closed on
Oct 12, 2021
Sold by
Hupp Trust and Dunne Rosalie R
Bought by
Burbank Properties Llc and Insta Properties Llc
Seller's Agent
Richard Buckisch
Exp Realty of California Inc.
Buyer's Agent
Richard Buckisch
Exp Realty of California Inc.
List Price
$1,800,000
Sold Price
$1,200,000
Premium/Discount to List
-$600,000
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 13, 2021
Closed on
Sep 29, 2021
Sold by
Carole W Liotta Trust and Dunne Rosalie R
Bought by
Dunne Rosalie R
Seller's Agent
Richard Buckisch
Exp Realty of California Inc.
Buyer's Agent
Richard Buckisch
Exp Realty of California Inc.
List Price
$1,800,000
Sold Price
$1,200,000
Premium/Discount to List
-$600,000
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2021
Sold by
Dunne Rosalie R
Bought by
Dunne Rosalie R

Purchase Details

Closed on
Jan 13, 2021
Sold by
Hupp Lois Liotta
Bought by
Hupp Robert L and Hupp Lois L

Purchase Details

Closed on
Oct 15, 2018
Sold by
Liotta Carole W
Bought by
Liotta Carole W and The Carole W Liotta Trust

Purchase Details

Closed on
Aug 27, 2018
Sold by
Liotta Carole W and Liotta Victor L
Bought by
Liotta Carole W

Purchase Details

Closed on
Jul 8, 2004
Sold by
Liotta Gaspar Joseph and Liotta Family Trust
Bought by
Liotta Gaspar Joseph and Liotta Family Trust
Source: Public Records

Range of Values:

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Average Value
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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
Kalnel Gardens Llc $2,250,000 Fidelity National Title
Burbank Apartments Llc -- New Title Company Name
Burbank Properties Llc $1,200,000 New Title Company Name
Dunne Rosalie R -- None Listed On Document
Carole W Liotta Trust -- None Listed On Document
Dunne Rosalie R -- None Available
Hupp Robert L -- None Available
Hupp Lois Liotta -- None Available
Liotta Carole W -- None Available
Liotta Carole W -- None Available
Liotta Gaspar Joseph -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burbank Properties Llc $5,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $1,200,000 -33.3% $339 / Sq Ft
08/13/2021 08/13/21 For Sale $1,800,000 -- $508 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $28,498 $2,340,900 $1,560,600 $780,300
2024 $28,498 $2,295,000 $1,530,000 $765,000
2023 $27,955 $2,250,000 $1,500,000 $750,000
2022 $2,905 $166,497 $87,022 $79,475
2021 $2,854 $163,233 $85,316 $77,917
2020 $2,871 $163,361 $84,442 $78,919
2019 $2,792 $160,194 $82,787 $77,407
2018 $2,691 $157,089 $81,164 $75,925
2017 $1 $152,245 $79,573 $72,672
2016 $2,514 $149,261 $78,013 $71,248
2015 $2,488 $147,020 $76,842 $70,178
2014 $2,539 $144,141 $75,337 $68,804
Source: Public Records

Agents Affiliated with this Home

  • Richard Buckisch

    Seller's Agent in 2021

    Richard Buckisch

    Exp Realty of California Inc.

    (626) 945-9545

    2 in this area

    101 Total Sales

    Richard Buckisch
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB21178377

California Regional Multiple Listing Service (CRMLS)

APN: 4238-008-028

California Los Angeles County Los Angeles 90291 Venice

306 Market St, Los Angeles, CA

This home is located at 306 Market St, Los Angeles, CA 90291 since 13 August 2021 and is currently estimated at $2,424,284, approximately $684 per square foot. This property was built in 1924. 306 Market St is a home located in Los Angeles County with nearby schools including Westminster Avenue Elementary School, Mark Twain Middle School, and Venice High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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