NOT LISTED FOR SALE

Estimated Value: $1,755,000 - $2,180,000

2 Beds
3 Baths
1,573 Sq Ft
$1,245/Sq Ft Est. Value

Last Sold September 13, 2021

Last sale price $1,700,000 $1,081 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $12,457/month

51 Days on Market

Highlights

  • Courtyard Views
  • Built-In Features
  • Laundry Facilities
  • Venice High School Rated A
  • Bungalow
  • 4-minute walk to Linnie Canal Park

About This Home

As of September 2021

Best Investment Opportunity in Venice! Welcome to quintessential Venice Beach with this triplex offering options for owner/users or investors alike. Located just a quick stroll from Windward Circle, the Venice Boardwalk and Famed Abbot Kinney. This property has a compound feel exuding privacy and tranquility with meticulous landscaping of native plants and palms. Consisting of 3 units, the back unit is a spacious one-bedroom with a large living room and kitchen with a separate dining area. The center unit is set up as a studio with a designer kitchen, breakfast nook, full bathroom, and large living area that can convert into a sleeping space. The 3rd unit is a studio with a bathroom and walk in closet that is "ready" for a kitchenette as all of the utilities are inside the wall and a large private deck. Units 2 and 3 are currently being used as a 1 bedroom unit with a door that can be opened to connecting the units. This magical property has plenty of outdoor space for dining, entertaining or simply relaxing. This is one not to be missed and all units will be delivered vacant with 2 parking spaces!

Last Agent to Sell the Property

Monica Iris Antola

Rodeo Realty - Pacific Palisades License #01826288 Listed on: 06/21/2021

Rodeo Realty - Pacific Palisades

Last Buyer's Agent

Frankie Levangie

Compass License #02063464

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,482

Year Built

  • Built in 1956

Lot Details

  • 3,106 Sq Ft Lot
  • West Facing Home

Home Design

  • Bungalow

Interior Spaces

  • 1,573 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Courtyard Views

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Uncovered Parking

Utilities

  • Heating System Mounted To A Wall or Window
  • Cable TV Available

Community Details

  • 3 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 4238-021-011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,482

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Bungalow
  • Street Number Display: Yes
  • Advertising Remarks: Best Investment Opportunity in Venice exclusively listed by Monica Antola Berkshire Hathaway. Welcome to quintessential Venice Beach with this triplex offering options for owner/users or investors alike. Located just a quick stroll from Windward Circle, the Venice Boardwalk and Famed Abbot Kinney. This property has a compound feel exuding privacy and tranquility with meticulous landscaping of native plants and palms. Consisting of 3 units, the back unit is a spacious one-bedroom with a large living room and kitchen with a separate dining area. The center unit is set up as a studio with a designer kitchen, breakfast nook, full bathroom, and large living area that can convert into a sleeping space. The 3rd unit is a studio with a bathroom and walk in closet that is "ready" for a kitchenette as all of the utilities are inside the wall and a large private deck.
  • Living Area: 1573
  • Lot Acreage: 0.0713
  • Stories: 1
  • Year Built: 1956
  • Number Of Photos: 35
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 2
  • Common Walls: Attached
  • Laundry: Community
  • Total Bathrooms: 3.00
  • Equipment: Built-Ins, Cable, Range/Oven, Refrigerator, Washer, Dryer, Dishwasher
  • Price Per S Q F T: 1093.45

Exterior Features

  • Direction Faces: West
  • Other Structures: None
  • View: Courtyard, Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Parking Space, Uncovered
  • Total Parking: 2

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 30.00
  • Assessed Improvement Value: 527489
  • Assessed Land Percent: 70
  • Assessed Land Value: 1230810
  • Total Assessed Value: 1758299
  • Assessor Parcel Number: 4238-021-011
  • Lot Size Area: 3106

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Total Annual Expense: 0
  • Type Of Units: 3
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2021
Closed on
Aug 12, 2021
Sold by
Rubinfeld Arthur and Rubinfeld Ellen
Bought by
Vitantonio Daniel and Vitantonio Lidia Anna
Seller's Agent
Monica Iris Antola
Rodeo Realty - Pacific Palisades
Buyer's Agent
Frankie Levangie
Compass
List Price
$1,795,000
Sold Price
$1,700,000
Premium/Discount to List
-$95,000
-5.29%
Current Estimated Value
$1,957,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,767
Avg. Annual Appreciation
3.63%
Original Mortgage
$1,272,000
Outstanding Balance
$1,159,945
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$797,822

Purchase Details

Listed on
Sep 4, 2014
Closed on
Oct 6, 2014
Sold by
Toynton Ian
Bought by
Aer Revocable Trust
Seller's Agent
Suzanne Frank
Abbot Kinney Real Estate Inc.
Buyer's Agent
Tamra Pardee
Pardee Properties
List Price
$1,500,000
Sold Price
$1,600,000
Premium/Discount to List
$100,000
6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.88%

Purchase Details

Closed on
Aug 13, 2009
Sold by
Simpson Gunilla Christina
Bought by
Simpson Michael M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$518,000
Interest Rate
5.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2009
Sold by
Simpson Michael M
Bought by
Toynton Ian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$518,000
Interest Rate
5.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2006
Sold by
Simpson Gunilla Christina
Bought by
Simpson Michael M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.29%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 27, 2000
Sold by
Simpson John A and John A Simpson Living Trust
Bought by
Simpson Michael M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Vitantonio Daniel $1,700,000 California Best Title
Aer Revocable Trust $1,600,000 Lawyers Title
Simpson Michael M -- Lawyers Title Company
Toynton Ian $740,000 Lawyers Title Company
Simpson Michael M -- Fidelity National Title Co
Simpson Michael M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vitantonio Daniel $1,272,000
Previous Owner Toynton Ian $518,000
Previous Owner Simpson Michael M $400,000
Previous Owner Simpson Michael M $325,000
Previous Owner Simpson Michael M $70,000
Previous Owner Simpson Michael M $225,000
Previous Owner Simpson Michael M $75,000
Previous Owner Simpson Michael M $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2021 09/13/21 Sold $1,700,000 -1.2% $1,081 / Sq Ft
08/11/2021 08/11/21 Pending -- -- --
08/06/2021 08/06/21 Price Changed $1,720,000 -4.2% $1,093 / Sq Ft
06/21/2021 06/21/21 For Sale $1,795,000 +12.2% $1,141 / Sq Ft
10/20/2014 10/20/14 Sold $1,600,000 +6.7% $1,214 / Sq Ft
09/16/2014 09/16/14 Pending -- -- --
09/04/2014 09/04/14 For Sale $1,500,000 -- $1,138 / 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 $21,482 $1,804,052 $1,443,242 $360,810
2024 $21,482 $1,768,680 $1,414,944 $353,736
2023 $21,065 $1,734,000 $1,387,200 $346,800
2022 $20,080 $1,700,000 $1,360,000 $340,000
2021 $21,131 $1,776,514 $1,243,561 $532,953
2019 $20,495 $1,724,304 $1,206,677 $517,627
2018 $20,424 $1,690,504 $1,183,017 $507,487
2016 $19,551 $1,624,400 $1,137,080 $487,320
2015 $19,263 $1,600,000 $1,120,000 $480,000
2014 $9,711 $779,212 $673,914 $105,298
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 21-749750

The MLS

APN: 4238-021-011