NOT LISTED FOR SALE

310 Grand Blvd Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,554,000 - $2,397,833

3 Beds
2 Baths
1,653 Sq Ft
$1,214/Sq Ft Est. Value

Last Sold March 29, 2018

Last sale price $1,750,000 $1,059 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $12,912/month

48 Days on Market

Highlights

  • Property is near a park
  • No HOA
  • Front Yard
  • Venice High School Rated A

About This Home

As of March 2018

Situated in Venice's trendy Windward Circle area, just a couple blocks to the beach. 310 - 312 is a 50' x 90' lot and the legal description lists: lots 15 & 16, zoned LARD 1.5. The units are all occupied (rent controlled) and consist of a one bedroom unit and a two bedroom unit. Grand Blvd is loaded with newer homes built within the past couple years. Preference to be sold with 314 -316 Grand Blvd.

Last Agent to Sell the Property

Woody Stahl

Lyon Stahl Investment Real Est License #01399621 Listed on: 05/30/2017

Lyon Stahl Investment Real Est

Co-Listed By

Brett Lyon

Lyon Stahl Investment Real Estate, Inc. License #01717818

Last Buyer's Agent

Ardy Ishal

BRC Advisors- BH License #01769601

BRC Advisors- BH

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,785

Year Built

  • Built in 1947

Lot Details

  • 4,499 Sq Ft Lot
  • No Common Walls
  • Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • 1,653 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Rain Gutters
  • Property is near a park

Listing and Financial Details

  • Legal Lot and Block 16 / 2
  • Tax Tract Number 9358
  • Assessor Parcel Number 4238021008

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $579
  • Trash Expense $50
  • Water Sewer Expense $750
  • New Taxes Expense $23,125
  • Operating Expense $26,144
  • Gross Income $1,876
  • Net Operating Income $1,876

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,785

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 750.00
  • Zoning: LARD1.5
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 4238021008
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 1058.68

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Public Sewer
  • Trash Expense: 50.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, Park Nearby
  • Lot Size Sq Ft: 4499.00
  • Lot Size Acres: 0.1033
  • Latitude Manual: 33.98789800

Multi Family

  • Gross Income: 1876.00
  • Gross Scheduled Income: 28020.00
  • Insurance Expense: 579.00
  • Lot Size Area: 4499.0000 Square Feet
  • Net Operating Income: 1876.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 26144.00
  • Rent Control: Yes
  • Total Actual Rent: 2335.00
  • Total Expenses: 26144.00

Tax Info

  • New Taxes Expense: 23125.00
  • Tax Block: 2
  • Tax Census Tract: 2735.02
  • Tax Lot: 16
  • Tax Tract Number: 9358

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2017
Closed on
Mar 26, 2018
Sold by
Lewis Kent
Bought by
Slh Fund Llc
Seller's Agent
Woody Stahl
Lyon Stahl Investment Real Est
Buyer's Agent
Ardy Ishal
BRC Advisors- BH
List Price
$1,850,000
Sold Price
$1,750,000
Premium/Discount to List
-$100,000
-5.41%
Current Estimated Value
$2,005,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,958
Avg. Annual Appreciation
1.86%
Original Mortgage
$2,275,000
Outstanding Balance
$1,957,946
Interest Rate
4.38%
Mortgage Type
Commercial
Estimated Equity
$48,012

Purchase Details

Listed on
May 30, 2017
Closed on
Feb 13, 2018
Sold by
Hodges Wayne D
Bought by
Hodges Wayne D and The Wayne D Hodges Revocable Trust
Seller's Agent
Woody Stahl
Lyon Stahl Investment Real Est
Buyer's Agent
Ardy Ishal
BRC Advisors- BH
List Price
$1,850,000
Sold Price
$1,750,000
Premium/Discount to List
-$100,000
-5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,275,000
Outstanding Balance
$1,957,946
Interest Rate
4.38%
Mortgage Type
Commercial
Estimated Equity
$48,012

Purchase Details

Closed on
Aug 13, 2015
Sold by
Hodges Wayne D
Bought by
Hodges Wayne D

Purchase Details

Closed on
Jul 29, 2010
Sold by
Lewis Kent
Bought by
Lewis Kent and The Kent Lewis 2010 Trust

Purchase Details

Closed on
Feb 6, 1996
Sold by
Chesterfield Alan Bruce
Bought by
Chesterfield Alan Bruce and The Alan Bruce Chesterfield Revocable Tr
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
Slh Fund Llc $3,500,000 Usa National Title Company
Hodges Wayne D -- Usa National Title Company
Hodges Wayne D -- None Available
Lewis Kent -- None Available
Chesterfield Alan Bruce -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Slh Fund Llc $1,075,200
Open Slh Fund Llc $2,275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2018 03/29/18 Sold $1,750,000 -5.4% $1,059 / Sq Ft
07/17/2017 07/17/17 Pending -- -- --
05/30/2017 05/30/17 For Sale $1,850,000 -- $1,119 / 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 $23,785 $1,991,196 $1,934,307 $56,889
2024 $23,785 $1,952,154 $1,896,380 $55,774
2023 $23,324 $1,913,878 $1,859,197 $54,681
2022 $22,237 $1,876,352 $1,822,743 $53,609
2021 $21,971 $1,839,561 $1,787,003 $52,558
2019 $21,311 $1,785,000 $1,734,000 $51,000
2018 $1,333 $87,213 $59,014 $28,199
2016 $1,265 $83,828 $56,723 $27,105
2015 $1,250 $82,569 $55,871 $26,698
2014 $1,270 $80,953 $54,777 $26,176
Source: Public Records

Agents Affiliated with this Home

  • Woody Stahl

    Seller's Agent in 2018

    Woody Stahl

    Lyon Stahl Investment Real Est

    (310) 710-3829

    2 in this area

    154 Total Sales

    Woody Stahl
    Section Image
  • Brett Lyon

    Seller Co-Listing Agent in 2018

    Brett Lyon

    Lyon Stahl Investment Real Estate, Inc.

    (310) 780-1899

    2 in this area

    148 Total Sales

    Brett Lyon
    Section Image
  • Ardy Ishal

    Buyer's Agent in 2018

    Ardy Ishal

    BRC Advisors- BH

    (310) 433-2739

    16 Total Sales

    Ardy Ishal
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17117629

California Regional Multiple Listing Service (CRMLS)

APN: 4238-021-008

California Los Angeles County Venice 90291 Venice

310 Grand Blvd, Venice, CA

This home is located at 310 Grand Blvd, Venice, CA 90291 since 30 May 2017 and is currently estimated at $2,005,958, approximately $1,213 per square foot. This property was built in 1947. 310 Grand Blvd 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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