NOT LISTED FOR SALE

Estimated Value: $1,461,000 - $1,753,585

1 Bed
1 Bath
1,317 Sq Ft
$1,182/Sq Ft Est. Value

Last Sold July 12, 2024

Last sale price $1,480,000 $1,124 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $9,690/month

49 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Primary Bedroom
  • Granite Countertops
  • Venice High School Rated A
  • Bonus Room
  • Private Yard

About This Home

As of July 2024

PRIME VENICE LOCATION...DUPLEX + DETACHED REC ROOM...PAID OFF SOLAR. Enjoy the ocean breezes for this amazing proeprty located in the heart of Venice and only three blocks from the ocean. This is a great property with lots of potential. There are two 1-bedroom/1-bathroom units and each unit is approx. 500SF with a detached studio Rec Room is located above the carport. The detached Rec Room is permitted and an additional 367SF. The front unit is gated with a private front yard. The kitchen has been remodeled and there is newer laminate flooring in the living area and carpet in the bedroom. The full bathroom has been partially upgraded and the vintage tile shower was left intact. The back unit also has 1-bedroom/1-bathroom with approx. 500SF. with hardwood floors and tile in the living areas and carpet in the bedroom. There are two sliding glass doors that go out onto relaxing and serene patio with lush landscaping. The kitchen has been updated and the bathroom partially updated. The detached Rec Room is a studio type of layout with open space and a 3/4 bathroom. There are also solar panels, which are owned and paid off. The front of the proeprty is gated - and the back of the property has an automatic roll-up door that provides security for the carport. Refrigerators/washer & dryer are included.

Last Agent to Sell the Property

Michelle Risser

RE/MAX HORIZON Brokerage Phone: 714-206-6611 License #01435646 Listed on: 04/30/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 3,028 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall
  • Wood Fence
  • Electric Fence
  • Private Yard

Home Design

  • Duplex
  • Bungalow
  • Entry on the 1st floor
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,317 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Sliding Doors
  • Family Room
  • Bonus Room

Kitchen

  • Galley Kitchen
  • Built-In Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • 1 Bathroom

Laundry

  • Laundry Room
  • Laundry in Carport

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 3 Parking Spaces
  • 3 Attached Carport Spaces
  • Parking Available
  • Automatic Gate
  • Controlled Entrance

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Sewer Paid
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 6622
  • Assessor Parcel Number 4286001005
  • $188 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Recreation

  • Bike Trail

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Assessments: Yes
  • Inclusions: Refrigerators/Washer & Dryer, Patio Furniture, Potted Plants
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Paved
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Smoke Detector(s)
  • Zoning: LARD1.5
  • Architectural Style: Bungalow
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 4286001005
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Recessed Lighting
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile, Wood
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 1123.77
  • Room Type: Bonus Room, Family Room, Galley Kitchen, Kitchen, Main Floor Bedroom, Main Floor Primary Bedroom
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Electric, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Carport Spaces: 3.00
  • Parking: Yes
  • Parking Features: Carport, Attached Carport, Controlled Entrance
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Gas Range
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, In Carport
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 3028.00
  • Lot Size Acres: 0.0695
  • Latitude Manual: 33.99734500

Multi Family

  • Lot Size Area: 3028.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Carpet: 3
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2733.00
  • Tax Lot: 5
  • Tax Tract Number: 6622
  • TaxOtherAnnualAssessmentAmount: 188.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2024
Closed on
Jul 5, 2024
Sold by
John Agustus Cook Jr Living Trust and Proctor Albert
Bought by
Lorin Jeanette
Seller's Agent
Michelle Risser
RE/MAX HORIZON
List Price
$1,599,000
Sold Price
$1,480,000
Premium/Discount to List
-$119,000
-7.44%
Views
37
Current Estimated Value
$1,556,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,396
Avg. Annual Appreciation
3.53%

Purchase Details

Closed on
Nov 2, 2017
Sold by
Cook John A
Bought by
The John Augustus Cook Jr Living Trust

Purchase Details

Closed on
May 4, 1999
Sold by
Gonzales Ray M
Bought by
Cook John A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,400
Interest Rate
8.62%
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
Lorin Jeanette $1,480,000 Pacific Coast Title Company
The John Augustus Cook Jr Living Trust -- None Available
Cook John A $233,000 American Coast Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cook John A $186,400
Closed Cook John A $34,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2024 07/12/24 Sold $1,480,000 -7.4% $1,124 / Sq Ft
06/18/2024 06/18/24 Pending -- -- --
04/30/2024 04/30/24 For Sale $1,599,000 -- $1,214 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $18,420 $1,480,000 $1,280,000 $200,000
2024 $18,420 $1,520,000 $1,400,000 $120,000
2023 $5,139 $419,761 $245,604 $174,157
2022 $4,903 $411,532 $240,789 $170,743
2021 $4,837 $403,464 $236,068 $167,396
2019 $4,691 $391,499 $229,067 $162,432
2018 $4,654 $383,824 $224,576 $159,248
2017 $4,553 $376,299 $220,173 $156,126
2016 $4,447 $368,921 $215,856 $153,065
2015 $4,381 $363,380 $212,614 $150,766
2014 $4,406 $356,263 $208,450 $147,813
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV24085757

California Regional Multiple Listing Service (CRMLS)

APN: 4286-001-005