NOT LISTED FOR SALE

345 6th Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $2,372,000 - $2,756,747

0.15 Acre
$17,356,714 Price per Acre
6,402 Sq Ft Lot

Last Sold April 08, 2021

Last sale price $1,950,000 $1,086 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $15,462/month

11 Days on Market

Highlights

  • Fenced Yard
  • Venice High School Rated A
  • Level Lot

About This Lot

As of April 2021

The two units on the property are vacant. Property is offered principally for lot value. Here's a prime development opportunity in a great Venice Beach location. With it's walk score of 93 this area is a walker's paradise. Transit is good, with many nearby public transportation options. It's a biker's paradise daily errands can be accomplished on a bike, and from the property it is only a short walk to the beach. City of Los Angeles Venice Community Plan, and City of Los Angeles Department of City Planning/Zoning Information File I Z.I. NO. 2406 Small lot Subdivision revised Director's Interpretation are provided for informational purposes only, Buyer to independently verify said information provided.

Last Agent to Sell the Property

Crosby Doe

Crosby Doe Associates, Inc. License #00463731 Listed on: 02/25/2021

Co-Listed By

Julia Hodges

Crosby Doe Associates, Inc. License #01885197

Last Buyer's Agent

Lauren Narozniak

Pardee Properties License #01958051

Property Details

Property Type

  • Land

Lot Details

  • 6,402 Sq Ft Lot
  • Lot Dimensions are 40 x 160
  • Fenced Yard
  • Level Lot
  • Irregular Lot
  • Value in Land
  • Tear Down
  • Property is zoned LARD1.5

Additional Features

  • City Lot
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 4240-010-016

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Lot Acreage: 0.1470
  • Lot Dimensions: 40 x 160
  • Probate: No
  • Builders Tract Name: Carnation Park Tract
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fence Condition: Average
  • Fenced: Yes
  • Public Street: Yes
  • Street Description: Asphalt, Curbed, Sidewalk
  • View: No

Utilities

  • Cable: No
  • Electric: On Site
  • Telephone: Yes
  • Water: Public

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4240-010-016
  • Lot Description: Curbs, Front Yard, Lot Shape-Irregular, Lot-Level/Flat, Back Yard, Fenced Yard, Sidewalks, Street Asphalt, Tear Down On Lot, Value In Land, Yard, Alley Paved, Fenced
  • Lot Location: Alley Access, City
  • Lot Size Area: 6402
  • Present Use: Duplex
  • Site Decription: City
  • Topography: Flat

Rental Info

  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2014
Sold by
Baldessari John
Bought by
345 6Th Avenue Llc
Current Estimated Value
$2,551,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$770,400
Outstanding Balance
$591,925
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$1,959,512

Purchase Details

Closed on
Nov 6, 2014
Sold by
345 6Th Avenue Llc
Bought by
Baldessari John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$770,400
Outstanding Balance
$591,925
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$1,959,512

Purchase Details

Closed on
Feb 12, 2014
Sold by
Baldessari John
Bought by
345 6Th Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$777,000
Interest Rate
4.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2008
Sold by
Baldessari John and John Baldessari Trust
Bought by
Baldessari Annamarie and John Baldessari Irrevocable Li

Purchase Details

Closed on
Mar 5, 2008
Sold by
Baldessari John and John Baldessari Trust 1991
Bought by
345 6Th Avenue Llc

Purchase Details

Closed on
Jul 13, 2007
Sold by
Polsky Patricia
Bought by
Baldessari John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$845,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 2003
Sold by
Brody Scott
Bought by
Polsky Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6%

Purchase Details

Closed on
Apr 25, 2002
Sold by
Brody Scott
Bought by
Polsky Patricia

Purchase Details

Closed on
Apr 9, 1996
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Brody Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,700
Interest Rate
7.84%

Purchase Details

Closed on
Oct 17, 1995
Sold by
Polsky Patricia C and Federal Home Loan Mortgage Cor
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
345 6Th Avenue Llc -- Accommodation
Baldessari John -- Wfg Title Company
345 6Th Avenue Llc -- Accommodation
Baldessari John -- Accommodation
Baldessari Annamarie -- None Available
Baldessari John -- None Available
345 6Th Avenue Llc -- None Available
Baldessari John -- Southland Title Company
Polsky Patricia -- Chicago Title Co
Polsky Patricia -- --
Brody Scott $133,000 First American Title Co
Federal Home Loan Mortgage Corporation $238,325 American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baldessari John $770,400
Previous Owner Baldessari John $777,000
Previous Owner Baldessari John $845,000
Previous Owner Polsky Patricia $150,000
Previous Owner Brody Scott $119,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2021 04/08/21 Sold $1,950,000 -9.3% $1,086 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
02/25/2021 02/25/21 For Sale $2,150,000 -- $1,197 / 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 $25,452 $2,110,741 $2,056,620 $54,121
2024 $25,146 $2,069,355 $2,016,295 $53,060
2023 $24,657 $2,028,780 $1,976,760 $52,020
2022 $23,505 $1,989,000 $1,938,000 $51,000
2021 $20,531 $1,720,997 $1,110,322 $610,675
2020 $20,746 $1,703,352 $1,098,938 $604,414
2019 $19,914 $1,669,954 $1,077,391 $592,563
2018 $19,822 $1,637,211 $1,056,266 $580,945
2017 $19,390 $1,605,109 $1,035,555 $569,554
2016 $18,969 $1,573,637 $1,015,250 $558,387
2015 $18,690 $1,550,000 $1,000,000 $550,000
2014 $12,474 $1,004,540 $652,951 $351,589
Source: Public Records

Agents Affiliated with this Home

  • Crosby Doe

    Seller's Agent in 2021

    Crosby Doe

    Crosby Doe Associates, Inc.

    (310) 275-2222

    2 in this area

    38 Total Sales

    Crosby Doe
    Section Image

  • J

    Seller Co-Listing Agent in 2021

    Julia Hodges

    Crosby Doe Associates, Inc.

    (310) 459-5886

    1 in this area

    3 Total Sales

    Julia Hodges
    Section Image
  • Lauren Narozniak

    Buyer's Agent in 2021

    Lauren Narozniak

    Pardee Properties

    (310) 907-6188

    9 in this area

    41 Total Sales

    Lauren Narozniak
    Section Image
  • Tamra Pardee

    Buyer Co-Listing Agent in 2021

    Tamra Pardee

    Pardee Properties

    (310) 907-6517

    232 in this area

    855 Total Sales

    Tamra Pardee
    Section Image
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Map

Source: The MLS

MLS Number: 21-697916

The MLS

APN: 4240-010-016

California Los Angeles County Venice 90291 Venice

345 6th Ave, Venice, CA

Not Listed for Sale

Lots

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