NOT LISTED FOR SALE

Estimated Value: $1,582,000 - $3,352,000

4 Beds
4 Baths
3,091 Sq Ft
$721/Sq Ft Est. Value

Last Sold September 21, 2021

Last sale price $1,650,000 $534 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $13,431/month

74 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Attached Carport
  • Venice High School Rated A
  • Balcony
  • 4-minute walk to Venice Beach Playground

About This Home

As of September 2021

Rare opportunity to own a residential income property just seconds away from Venice Beach and the Pacific Ocean. 32 Rose Ave. couldnt be more perfect! You can feel the ocean breeze from every room, surrounding yourself in the comfort and beauty of beach living. This oasis is perfect for residents to enjoy a neighborhood filled with character, history, and fabulous offerings such as The Venice Beach Boardwalk, shops & dining on Abbott Kinney Blvd., and numerous other outdoor and indoor activities. This serene pocket of Venice encapsulates natural beauty with a small-town beach vibe. Perfect atmosphere to venture out and take part in all of the community events that Venice has to offer. The property features an excellent unit mix of (1) 2 Bedroom + 2 Bathroom unit, (1) 1 Bedroom + 1 Bathroom unit, and a vacant 1 Bedroom + 1 Bathroom unit (buyer to verify). The exterior and interior are aesthetically pleasing and reflect the idyllic neighborhood charm which savvy owners are seeking and tenants will pay a premium for.

Last Agent to Sell the Property

David Weinberger

Keller Williams Studio City License #01349349 Listed on: 06/03/2021

Keller Williams Studio City

Co-Listed By

David Rothblum

RE/MAX One License #01332525

Last Buyer's Agent

Melissa Zee

Keller Williams Beverly Hills License #01451028

Keller Williams Beverly Hills

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,258

Year Built

  • Built in 1968

Lot Details

  • 3,311

Interior Spaces

  • 3,091 Sq Ft Home
  • 2-Story Property
  • Ocean Views
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Attached Carport

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Balcony

Additional Features

  • 3,311 Sq Ft Lot
  • Cooling System Mounted To A Wall/Window

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 4286-020-013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,258

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 3091
  • Lot Acreage: 0.0760
  • Stories: 2
  • Year Built: 1968
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Mixed
  • Bedrooms: 4
  • Total Bathrooms: 4.00
  • Equipment: Range/Oven
  • Price Per S Q F T: 566.13

Exterior Features

  • Other Features: Balcony
  • Other Structures: None
  • View: Ocean, Walk Street
  • View: Yes

Garage/Parking

  • Covered Parking: 4
  • Parking Garage: Carport Attached
  • Total Parking: 4

Utilities

  • Cooling: Wall/Window

Lot Info

  • Assessed Improvement Percent: 23.08
  • Assessed Improvement Value: 675588
  • Assessed Land Percent: 76.92
  • Assessed Land Value: 2251967
  • Total Assessed Value: 2927555
  • Assessor Parcel Number: 4286-020-013
  • Lot Description: Walk Street, Street Paved
  • Lot Location: Ocean Access, Beach Access
  • Lot Size Area: 3311

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 35.00
  • Number Of Units: 3
  • Type Of Units: 2
  • Vacancy Allow Percent: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2021
Sold by
Goldman Lawrence Ronald
Bought by
Goldman Darlene F
Current Estimated Value
$2,227,327

Purchase Details

Closed on
Mar 6, 2018
Sold by
Goldman Darlene F
Bought by
Forman Richard M and The Mandar Trust

Purchase Details

Closed on
Dec 27, 2017
Sold by
Mandar Llc
Bought by
Goldman Darlene F and The Audrey Forman Revocable Trust

Purchase Details

Closed on
Sep 29, 2004
Sold by
Forman Abraham Harry
Bought by
Mandar Llc

Purchase Details

Closed on
Apr 26, 2002
Sold by
Forman Lorraine
Bought by
Forman Lorraine and Lorraine Forman Revocable 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
Goldman Darlene F -- Ticor Title
Forman Richard M -- None Available
Goldman Darlene F -- None Available
Mandar Llc -- --
Forman Lorraine -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2021 09/21/21 Sold $1,650,000 -5.7% $534 / Sq Ft
08/16/2021 08/16/21 Pending -- -- --
08/10/2021 08/10/21 Price Changed $1,749,900 -14.6% $566 / Sq Ft
07/08/2021 07/08/21 For Sale $2,050,000 0.0% $663 / Sq Ft
06/22/2021 06/22/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $2,050,000 -- $663 / 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 $21,258 $1,750,992 $1,167,328 $583,664
2024 $21,018 $1,716,660 $1,144,440 $572,220
2023 $20,613 $1,683,000 $1,122,000 $561,000
2022 $19,656 $1,650,000 $1,100,000 $550,000
2021 $35,159 $2,957,884 $2,275,297 $682,587
2020 $35,529 $2,927,555 $2,251,967 $675,588
2019 $34,098 $4,080,000 $3,570,000 $510,000
2018 $7,960 $637,784 $382,675 $255,109
2016 $7,592 $613,019 $367,816 $245,203
2015 $7,483 $603,812 $362,292 $241,520
2014 $7,531 $591,985 $355,196 $236,789
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-744600

The MLS

APN: 4286-020-013