NOT LISTED FOR SALE

Estimated Value: $2,109,000 - $2,352,000

4 Beds
4 Baths
1,940 Sq Ft
$1,133/Sq Ft Est. Value

Last Sold March 29, 2022

Last sale price $2,250,000 $1,160 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $13,798/month

11 Days on Market

Highlights

  • A-Frame Home
  • Living Room with Fireplace
  • Ceiling Fan
  • Venice High School Rated A
  • Wood Flooring
  • 5-minute walk to Windward Plaza

About This Home

As of March 2022

Incredible Investment Opportunity in Venice! Delivered fully vacant and move-in ready, this quintessential Venice Beach triplex offers options for both investors and owner/users. Located 1 block from the beach on a walk street, it's minutes away from the Canals, the Venice Boardwalk, Windward Circle, and Abbot Kinney Blvd. This magical property has a compound feel with a private front patio surrounded by mature hedges. The secluded garden and deck are exclusive for the Main House, Unit # A, which is a 2 bed, 2 bath + office, loft-inspired beauty. The vaulted ceilings lead you to the airy second floor that hosts 1 bedroom and an open concept office/yoga room that sits perched above the living area. Hardwood floors, a full kitchen, laundry, and a large working fireplace are yours to enjoy in this modern yet hip property. The Back Studio, Unit # B, is attached to the main house and has a spacious deck that makes outdoor dining an option all year long. Units A & B have a common wall that currently has a door connecting the two, should someone like to reside in the entire front house. The wall in the back studio can also be reset into the 1 bedroom it had been when the sellers purchased it. Set up as the seller's Music Room, this studio has been soundproofed for jamming. Unit # C is a bright and breezy 1 Bedroom Apartment that sits above the 3 garages at the rear of the property. Each unit has its own full kitchen, laundry, hardwood flooring, and 1 enclosed garage space. The back area has a secured entrance from the garages with plenty of room to store bikes and surfboards. Come see it today! Move-in tomorrow!

Last Agent to Sell the Property

Marikka Dargel Johnson

Century 21 On Target License #01995468 Listed on: 02/11/2022

Century 21 On Target

Last Buyer's Agent

Leah Smith

Christie's International Real Estate SoCal License #02023068

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 2,626 Sq Ft Lot
  • North Facing Home
  • Fenced
  • Back and Front Yard

Parking

  • 3 Car Garage
  • Assigned Parking

Home Design

  • Triplex
  • A-Frame Home

Interior Spaces

  • 1,940 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room with Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Located Outside
  • Laundry in Kitchen
  • Dryer
  • Washer

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 4226-013-018

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

2,626 Sq Ft Lot

Parking

3

Listing Details

  • Property Type: Residential Income
  • Style: A-Frame
  • Levels: Two
  • Street Number Display: Yes
  • Advertising Remarks: Delivered fully vacant and move-in ready, this quintessential Venice Beach triplex offers options for both investors and owner/users. Located 1 block from the beach on a walk street, close to the best that Venice Beach offers! The Main House, Unit # A, is a 2 bed, 2 bath + office. The vaulted ceilings lead you to the airy second floor that hosts 1 bedroom and an open concept office/yoga room above the living area which includes a large working fireplace. The Back Studio, Unit # B, is attached to the main house with a sizable deck for outdoor entertaining. Unit # C is a bright and breezy 1 Bedroom Apartment that sits above the 3 garages at the rear of the property. Each unit has its own full kitchen, laundry, hardwood flooring, and 1 enclosed garage space. The back area has a secured entrance from the garages with plenty of room to store bikes and surfboards.
  • Alley: Yes
  • Exclusions: Staging accessories including artwork, rugs, bedding, poufs, and coffee table.
  • Living Area: 1940
  • Lot Acreage: 0.0603
  • Stories: 2
  • Year Built: 1924
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dishwasher: 3
  • Fireplace Rooms: Living Room
  • Flooring: Wood, Tile
  • Bedrooms: 4
  • Common Walls: Attached
  • Laundry: In Kitchen, Outside
  • Total Bathrooms: 4.00
  • Equipment: Ceiling Fan, Dryer, Dishwasher, Washer, Range/Oven, Microwave
  • Price Per S Q F T: 1074.74

Exterior Features

  • Direction Faces: North
  • Other Structures: None

Garage/Parking

  • Garage Spaces: 3
  • Garage Structures: 1
  • Parking Garage: Assigned
  • Total Parking: 3

Utilities

  • Heating: Combination
  • Number Electric Meters: 3
  • Number Gas Meters: 3
  • Number Water Meters: 3
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 25.00
  • Assessed Improvement Value: 519852
  • Assessed Land Percent: 75
  • Assessed Land Value: 1559572
  • Total Assessed Value: 2079424
  • Assessor Parcel Number: 4226-013-018
  • Lot Description: Front Yard, Fenced, Walk Street, Back Yard
  • Lot Size Area: 2626

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Number Wall A C: 1
  • Type Of Units: Triplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2023
Sold by
Jackson Brooke L and Jackson John
Bought by
Frye Jackson Revocable Trust and Frye
Current Estimated Value
$2,198,866

Purchase Details

Listed on
Feb 11, 2022
Closed on
Mar 17, 2022
Sold by
Fami Brian and Fami Helen
Bought by
Jackson Brooke L and Frye John
Seller's Agent
Marikka Dargel Johnson
Century 21 On Target
Buyer's Agent
Leah Smith
Christie's International Real Estate SoCal
List Price
$2,085,000
Sold Price
$2,250,000
Premium/Discount to List
$165,000
7.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.58%
Original Mortgage
$1,800,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2013
Sold by
Stotler Helen F and Helen F Stotler Trust
Bought by
Mcdonough Brian and Stotler Helen F

Purchase Details

Closed on
Aug 23, 2013
Sold by
Stotler Helen F and Helen F Stotler Trust
Bought by
Stotler Helen F and Helen F Stotler Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,125,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2007
Sold by
Stotler Helen F
Bought by
Stotler Helen F and Helen F Stotler Trust

Purchase Details

Closed on
May 10, 2007
Sold by
Harris Gary
Bought by
Stotler Helen F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,092,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 2005
Sold by
Diaz Carla Rosa Campos
Bought by
Harris Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2004
Sold by
Kapilow Alan and Awk Separate Property Trust
Bought by
Harris Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 15, 2003
Sold by
Kapilow Alan W
Bought by
Kapilow Alan and Awk Separate Property Trust

Purchase Details

Closed on
May 5, 2003
Sold by
Kapilow Maria Lourdes
Bought by
Kapilow Alan W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 2003
Sold by
Wells Fargo Bank
Bought by
Kapilow Alan W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Frye Jackson Revocable Trust -- None Listed On Document
Jackson Brooke L $2,250,000 Usa National Title
Mcdonough Brian -- None Available
Stotler Helen F -- Old Republic Title Company
Stotler Helen F -- None Available
Stotler Helen F -- Southland Title
Harris Gary -- Southland Title
Harris Gary $1,000,000 Landamerica Commonwealth Lan
Kapilow Alan -- --
Kapilow Alan W -- Commonwealth Land Title Co
Kapilow Alan W $700,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jackson Brooke L $1,800,000
Previous Owner Stotler Helen F $1,125,000
Previous Owner Stotler Helen F $1,092,000
Previous Owner Harris Gary $1,000,000
Previous Owner Harris Gary $700,000
Previous Owner Kapilow Alan W $560,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2022 03/29/22 Sold $2,250,000 +7.9% $1,160 / Sq Ft
02/22/2022 02/22/22 Pending -- -- --
02/11/2022 02/11/22 For Sale $2,085,000 -- $1,075 / Sq Ft
Source: The MLS

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 $28,288 $2,387,718 $2,122,416 $265,302
2024 $28,288 $2,340,900 $2,080,800 $260,100
2023 $27,818 $2,295,000 $2,040,000 $255,000
2022 $25,012 $2,121,012 $1,590,763 $530,249
2021 $24,712 $2,079,424 $1,559,572 $519,852
2020 $24,972 $2,058,103 $1,543,581 $514,522
2019 $23,967 $2,017,749 $1,513,315 $504,434
2018 $23,881 $1,978,187 $1,483,643 $494,544
2017 $1 $1,939,400 $1,454,552 $484,848
2016 $22,857 $1,901,374 $1,426,032 $475,342
2015 $15,691 $1,300,000 $975,000 $325,000
2014 $16,061 $1,300,000 $975,000 $325,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-119359

The MLS

APN: 4226-013-018

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