$1,500,000
$400K PRICE DROP

Estimated payment $10,137/month

Total Views 5,372
4 Beds
5 Baths
2,672 Sq Ft
$561 Price per Sq Ft

Highlights

  • Wood Flooring
  • Venice High School Rated A
  • Bungalow

About This Home

Great Beach Oasis in the Heart of Venice Beach! Welcome to this charming 5 unit building located on a rare pedestrian only street and half a block from the beach and the infamous Venice Boardwalk. Easy access to the 10 freeway and Lincoln Blvd. Seconds away from delicious restaurants including Dudley market, Venice ale house and Fig tree. Property consists of One - 2+1, Two - 1+1, and Two - Studio units. Interior viewing with accepted offer. Listing agent is related to seller. Buyer to cooperate with sellers 1031 tax deferred exchange at no additional cost.

Listing Agent

James Dutton

J. D. Realty Company License #00864227 Listed on: 04/14/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,572

Year Built

  • Built in 1948

Home Design

  • Bungalow

Interior Spaces

  • 2,672 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Disposal
  • Stacked Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces

Additional Features

  • 3,751 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 4286-021-013

Community Details

Overview

  • 2 Buildings
  • 5 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,572

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Bungalow
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 2672
  • Lot Acreage: 0.0861
  • Year Built: 1948
  • Number Of Photos: 4
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 4
  • Total Bathrooms: 5.00
  • Equipment: Garbage Disposal, Stackable W/D Hookup
  • Price Per S Q F T: 561.38

Exterior Features

  • Other Structures: None

Garage/Parking

  • Other Spaces: 3
  • Total Parking: 3

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 15.79
  • Assessed Improvement Value: 300000
  • Assessed Land Percent: 84.21
  • Assessed Land Value: 1600000
  • Total Assessed Value: 1900000
  • Assessor Parcel Number: 4286-021-013
  • Lot Size Area: 3751

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 6.60
  • Number Of Units: 5
  • Rent Control: 100
  • Total Annual Expense: 86400
  • Type Of Units: apartment
  • Vacancy Rate: 14400

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $23,572 $1,938,000 $1,632,000 $306,000
2024 $23,572 $1,900,000 $1,600,000 $300,000
2023 $2,403 $135,205 $76,322 $58,883
2022 $1,980 $132,555 $74,826 $57,729
2021 $1,939 $129,957 $73,359 $56,598
2019 $1,890 $126,404 $71,184 $55,220
2018 $1,813 $123,933 $69,789 $54,144
2016 $1,711 $118,834 $67,080 $51,754
2015 $1,690 $117,050 $66,073 $50,977
2014 $1,732 $114,758 $64,779 $49,979
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2025 04/17/25 Price Changed $1,500,000 -21.1% $561 / Sq Ft
04/14/2025 04/14/25 For Sale $1,900,000 0.0% $711 / Sq Ft
03/05/2025 03/05/25 Off Market $2,995 -- --
01/10/2025 01/10/25 Price Changed $2,995 +30.5% $9 / Sq Ft
11/22/2024 11/22/24 Price Changed $2,295 -23.4% $7 / Sq Ft
11/21/2024 11/21/24 For Rent $2,995 0.0% --
11/01/2023 11/01/23 Sold $1,900,000 -13.4% $711 / Sq Ft
10/03/2023 10/03/23 Pending -- -- --
06/08/2023 06/08/23 For Sale $2,195,000 -- $821 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,900,000 Usa National Title
Source: Public Records

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Source: The MLS

MLS Number: 25525129

The MLS

APN: 4286-021-013