NOT LISTED FOR SALE

Estimated Value: $3,101,000 - $3,620,000

7 Beds
7 Baths
3,642 Sq Ft
$928/Sq Ft Est. Value

Sale Details

Date Sold: February 4, 2022

Last sale price $3,300,000 $906 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $21,645 / mo

25 Days on Market

Highlights

  • Ocean View
  • Two Primary Bedrooms
  • Wood Flooring
  • Venice High School Rated A
  • Craftsman Architecture
  • 3-minute walk to Westminster Dog Park

About This Home

As of February 2022

TURN-KEY INCOME OPPORTUNITY IN FABULOUS VENICE BEACH LOCATION! Breeze Ave. is a rare beach walk street. Come see this amazing Silicon beach property delivered VACANT. This incredible EXTENSIVELY REMODELED Tri-Plex, just steps from the sand, and minutes away from trendy Abbot Kinney, with wonderful shopping and restaurants. The property consists of three units. Unit one is a large 3 bedroom, 3.5 bath with bonus room and open kitchen and deck that looks out to the private yard. Unit 2 is a 2 bedroom, 2 baths and eat-in kitchen and a peek of ocean view. The 3rd unit is a 2 bedroom, 1.5 bath. All units have laundry in each unit. The building has up to 4 car parking. Must see!

Last Agent to Sell the Property

Lena Jemelian

Compass License #01906176 Listed on: 11/14/2021

Compass

Co-Listed By

Patti Spencer

Compass License #01857602

Last Buyer's Agent

Frankie Levangie

Compass License #02063464

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910 | Remodeled

Lot Details

  • 3,140 Sq Ft Lot
  • Fenced Yard
  • Front Yard

Home Design

  • Craftsman Architecture

Interior Spaces

  • 3,642 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Sliding Doors
  • Insulated Doors
  • Living Room
  • Sun or Florida Room
  • Utility Room
  • Ocean Views
  • Alarm System

Kitchen

  • Oven or Range
  • Gas and Electric Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Split Bathroom
  • Powder Room
  • 7 Bathrooms
  • Low Flow Toliet
  • Bathtub with Shower
  • Shower Only

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Private Parking
  • Side by Side Parking
  • Driveway
  • Uncovered Parking

Outdoor Features

  • Rain Gutters

Utilities

  • Central Heating
  • Heating System Mounted To A Wall or Window
  • Tankless Water Heater
  • Sewer in Street

Community Details

  • 3 Units
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 4286-026-017

Property Details

Home Type

Multi-Family

Year Built

Built in 1910 | Remodeled

Lot Details

3,140 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Style: Craftsman
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 3642
  • Lot Acreage: 0.0721
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1910
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Mixed, Hardwood
  • Appliances: Gas/Electric Range, Range
  • Bedrooms: 7
  • Bedroom Features: 2 Master Bedrooms, Master Bedroom
  • Bathroom Features: Tile, Tub Only, Split Bath, Shower Stall, Shower and Tub, Remodeled, Powder Room, Low Flow Toilet(s)
  • Laundry: In Unit, In Closet, Laundry Closet Stacked
  • Laundry Equipment: Own
  • Total Bathrooms: 7.00
  • Equipment: Alarm System, Microwave, Dishwasher, Dryer, Freezer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 947.28

Exterior Features

  • Other Features: High Ceilings (9 Feet+), Insulated Doors, Sliding Glass Doors, Rain Gutters
  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Uncovered, Private, Side By Side, Driveway
  • Total Parking: 4

Utilities

  • Water Heater: Tankless
  • Heating: Central, Wall, Wall Electric
  • Sewer: In Street
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 30.11
  • Assessed Improvement Value: 820827
  • Assessed Land Percent: 69.89
  • Assessed Land Value: 1905521
  • Total Assessed Value: 2726348
  • Assessor Parcel Number: 4286-026-017
  • Lot Description: Fenced Yard, Front Yard, Alley Paved
  • Lot Size Area: 3140

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Rent Control: 100
  • Type Of Units: 3

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2014
Closed on
Apr 9, 2014
Sold by
Bought by
Seller's Agent
Jennifer Hughes
Compass
Buyer's Agent
Patti Spencer
Compass
List Price
$2,490,000
Sold Price
$2,300,000
Premium/Discount to List
-$190,000
-7.63%
Current Estimated Value
$3,378,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,078,103
Avg. Annual Appreciation
3.22%

Purchase Details

Closed on
Jun 3, 2004
Sold by
Bought by

Purchase Details

Closed on
May 14, 1998
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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 Buyer Sale Price Title Company
$2,300,000 Lawyers Title
$2,300,000 Lawyers Title
-- --
-- --
-- --
-- --
-- --
-- --
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 Prior Sale
02/04/2022 02/04/22 Sold $3,300,000 0.0% $906 / Sq Ft
01/08/2022 01/08/22 Off Market $3,300,000 -- --
01/08/2022 01/08/22 For Sale $3,450,000 +4.5% $947 / Sq Ft
12/09/2021 12/09/21 Off Market $3,300,000 -- --
12/09/2021 12/09/21 Pending -- -- --
11/14/2021 11/14/21 For Sale $3,450,000 +50.0% $947 / Sq Ft
05/21/2014 05/21/14 Sold $2,300,000 -7.6% $648 / Sq Ft View Prior Sale
03/27/2014 03/27/14 Pending -- -- --
01/17/2014 01/17/14 For Sale $2,490,000 -- $701 / 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 $42,073 $3,501,986 $3,077,503 $424,483
2024 $41,630 $3,433,320 $3,017,160 $416,160
2023 $40,816 $3,366,000 $2,958,000 $408,000
2022 $33,188 $2,809,683 $1,963,767 $845,916
2021 $32,783 $2,754,592 $1,925,262 $829,330
2019 $31,794 $2,672,891 $1,868,158 $804,733
2018 $31,684 $2,620,482 $1,831,528 $788,954
2016 $28,670 $2,381,728 $1,760,408 $621,320
2015 $28,247 $2,345,954 $1,733,966 $611,988
2014 $1,511 $98,753 $54,777 $43,976
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-105177

The MLS

APN: 4286-026-017

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