NOT LISTED FOR SALE

32 Brooks Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $3,864,000 - $4,667,000

8 Beds
8 Baths
4,531 Sq Ft
$964/Sq Ft Est. Value

Last Sold November 02, 2021

Last sale price $4,100,000 $905 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $27,138/month

54 Days on Market

Highlights

  • Craftsman Architecture
  • Wood Flooring
  • Air Conditioning
  • Venice High School Rated A
  • Furnished
  • 3-minute walk to Westminster Dog Park

About This Home

As of November 2021

TURN-KEY AIRBNB INCOME OPPORTUNITY IN FANTASTIC VENICE BEACH LOCATION. Own a beautifully reimagined craftsman-style Fourplex that's fully furnished with mid-century vibes just steps from the beach and Abbott Kinney. Head into this 8 bedroom + 8 bathroom Airbnb Beach Oasis that's entirely vacant and ready to rent, short-term or long-term, or live in one unit and collect income on the others. The front 2-story building features two three-bedroom 2.5 baths side by side units with approximately 1,720 square feet each. The rear structure features two one-bedroom + 1 bath units stacked on top of each other, with approximately 545 square feet each. Total living square feet is approximately 4,531.

Last Agent to Sell the Property

Frankie Levangie

Coldwell Banker Realty License #02063464 Listed on: 07/13/2021

Coldwell Banker Realty

Last Buyer's Agent

Stephen Udoff

Coldwell Banker Realty License #01870835

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910 | Remodeled

Lot Details

  • 4,486 Sq Ft Lot
  • North Facing Home

Home Design

  • Craftsman Architecture
  • Turnkey
  • Raised Foundation
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 4,531 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan

Kitchen

  • Oven
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry in Kitchen
  • Dryer

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Air Conditioning
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 4286-026-006

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Year Built

Built in 1910 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Craftsman
  • Street Number Display: Yes
  • Living Area: 4531
  • Lot Acreage: 0.1030
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1910
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Furnished, Turnkey
  • Flooring: Cement, Hardwood
  • Appliances: Oven, Gas
  • Bedrooms: 8
  • Kitchen Features: Island
  • Laundry: In Kitchen
  • Total Bathrooms: 8.00
  • Equipment: Ceiling Fan, Dishwasher, Dryer, Gas Or Electric Dryer Hookup
  • Price Per S Q F T: 960.05

Exterior Features

  • Direction Faces: North
  • Construction: Stucco
  • Other Structures: None
  • Foundation Details: Concrete Perimeter, Raised
  • Pool: No
  • Roof: Composition, Shingle
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 1

Utilities

  • Water Heater: Gas
  • Cooling: Air Conditioning, Wall Unit(s), Ceiling Fan
  • Electric Expense: 50.00
  • Heating: Wall
  • Sewer: In Street
  • Water: Public
  • Water Expense: 50.00
  • Water Heaters: Yes

Fee Information

  • Gas Expense: 50.00
  • Insurance Expense: 100.00
  • Maintenance Expense: 1800.00
  • Trash Expense: 30.00

Lot Info

  • Assessed Improvement Percent: 15.07
  • Assessed Improvement Value: 355000
  • Assessed Land Percent: 84.93
  • Assessed Land Value: 2000000
  • Total Assessed Value: 2355000
  • Assessor Parcel Number: 4286-026-006
  • Lot Size Area: 4486

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Rent Control: 100
  • Type Of Units: 4

Tax Info

  • Tax Expense: 28538.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2025
Sold by
Young Jordan and Valdivia Laura
Bought by
Valdivia Young Revocable Trust and Young
Current Estimated Value
$4,369,558

Purchase Details

Listed on
Jul 13, 2021
Closed on
Sep 14, 2021
Sold by
Georgianne Levangie Living Trust
Bought by
Young Jordan and Valdivia Laura
Seller's Agent
Frankie Levangie
Coldwell Banker Realty
Buyer's Agent
Stephen Udoff
Coldwell Banker Realty
List Price
$4,350,000
Sold Price
$4,100,000
Premium/Discount to List
-$250,000
-5.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.53%
Original Mortgage
$3,075,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 3, 2016
Closed on
Sep 2, 2016
Sold by
Brown Sandra Lewis and Aronoff Ruth Elaine
Bought by
Aronoff Ruth Elaine and Brown Sandra Lewis
Seller's Agent
Claire Burns
Compass
Buyer's Agent
David Brundige
Coldwell Banker Realty
List Price
$2,650,000
Sold Price
$2,355,000
Premium/Discount to List
-$295,000
-11.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.41%
Original Mortgage
$1,413,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 3, 2016
Closed on
Sep 1, 2016
Sold by
Aronoff Ruth Elaine and Brown Sandra Lewis
Bought by
Levangle Georgianne and Georgianne Levangie Living Tru
Seller's Agent
Claire Burns
Compass
Buyer's Agent
David Brundige
Coldwell Banker Realty
List Price
$2,650,000
Sold Price
$2,355,000
Premium/Discount to List
-$295,000
-11.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,413,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2001
Sold by
Brown Sandra Lewis and Aronoff Ruth Elaine
Bought by
Brown Sandra Lewis and Brown Family Trust

Purchase Details

Closed on
Jul 26, 1999
Sold by
Flint Joyce and Last Will & Testament Of Selma
Bought by
Brown Sandra

Purchase Details

Closed on
Nov 25, 1996
Sold by
Lewis Trust and Jenny
Bought by
The Lewis Survivors Trust
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

Date Buyer Sale Price Title Company
Valdivia Young Revocable Trust -- None Listed On Document
Young Jordan $4,100,000 Fidelity National Title
Aronoff Ruth Elaine -- Chicago Title Company
Levangle Georgianne $2,355,000 Chicago Title Company
Brown Sandra Lewis -- --
Aronoff Ruth Elaine -- --
Brown Sandra -- --
The Lewis Survivors Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Young Jordan $3,075,000
Previous Owner Levangle Georgianne $1,413,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/02/2021 11/02/21 Sold $4,100,000 -5.7% $905 / Sq Ft
09/06/2021 09/06/21 Pending -- -- --
07/13/2021 07/13/21 For Sale $4,350,000 +84.7% $960 / Sq Ft
09/15/2016 09/15/16 Sold $2,355,000 -11.1% $719 / Sq Ft View Prior Sale
02/03/2016 02/03/16 For Sale $2,650,000 -- $809 / 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
2025 $51,753 $4,350,952 $3,183,624 $1,167,328
2024 $51,753 $4,265,640 $3,121,200 $1,144,440
2023 $50,741 $4,182,000 $3,060,000 $1,122,000
2022 $48,364 $4,100,000 $3,000,000 $1,100,000
2021 $30,217 $2,525,034 $2,144,404 $380,630
2019 $29,309 $2,450,262 $2,080,800 $369,462
2018 $29,172 $2,402,220 $2,040,000 $362,220
2016 $3,893 $294,996 $189,629 $105,367
2015 $3,840 $290,566 $186,781 $103,785
2014 $3,880 $284,875 $183,123 $101,752
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2021

    Frankie Levangie

    Coldwell Banker Realty

    Section Image
  • Stephen Udoff

    Buyer's Agent in 2021

    Stephen Udoff

    Coldwell Banker Realty

    (310) 701-6848

    3 in this area

    26 Total Sales

    Stephen Udoff
    Section Image
  • Claire Burns

    Seller's Agent in 2016

    Claire Burns

    Compass

    (310) 880-5288

    10 in this area

    82 Total Sales

    Claire Burns
    Section Image

  • D

    Buyer's Agent in 2016

    David Brundige

    Coldwell Banker Realty

See All Agents

Map

Source: The MLS

MLS Number: 20-611912

The MLS

APN: 4286-026-006

California Los Angeles County Venice 90291 Venice

32 Brooks Ave, Venice, CA

Not Listed for Sale

MultiFamily

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