NOT LISTED FOR SALE

38 Dudley Ave Venice, CA 90291

Venice Neighborhood
8 Beds
6 Baths
2,943 Sq Ft
3,751 Sq Ft Lot

Last Sold April 04, 2022

Last sale price $2,273,000 $772 Per Sq Ft

42 Days on Market

Highlights

  • Craftsman Architecture
  • Built-In Features
  • North Facing Home
  • Venice High School Rated A
  • Baseboard Heating

About This Home

As of April 2022

This 1920's Venice Beach Walk street Craftsman is ready to be rejuvenated and have income from the back 4 units as a bonus. Nestled in the North Venice Walk Street Historic District this Craftsman-style beach cottage is located a few properties from the sand. The main house is 4 bedrooms 2 bathrooms with shaker style siding, exposed wood beams, wood wainscoting, and a few original stained glass windows. The downstairs has 2 bedrooms, 1 bathroom and upstairs has 2 bedrooms, 1 bathroom, a nice sized front yard, and a large front porch. The back building is 4 single units, each with full kitchens and baths. Two parking spaces in between buildings in the back, plus extra parking on a long driveway. Amazing beach location! House is vacant, and the units are all tenant-occupied. Two utility meters on the property one for the house and one for the back building. The landlord pays all utilities currently.

Last Agent to Sell the Property

Rebecca Saenz

Estate Properties License #01783407 Listed on: 01/25/2022

Estate Properties

Co-Listed By

Brooke Bryant

Estate Properties License #02044801

Last Buyer's Agent

Donald Heilbrun

JohnHart Real Estate License #01065560

JohnHart Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 3,751 Sq Ft Lot
  • Lot Dimensions are 30x125
  • North Facing Home

Home Design

  • Craftsman Architecture
  • Entry on the 1st floor
  • Fixer Upper

Interior Spaces

  • 2,943 Sq Ft Home
  • 2-Story Property
  • Built-In Features

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Driveway

Utilities

  • Baseboard Heating

Community Details

  • 2 Buildings
  • 5 Units

Listing and Financial Details

  • The owner pays for electricity, gardener, gas, water
  • Assessor Parcel Number 4286-021-015

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Craftsman
  • Levels: Two
  • Street Number Display: Yes
  • Advertising Remarks: This 1920's Venice Beach Walk street Craftsman is ready to be rejuvenated and have income from the back 4 units as a bonus. Nestled in the North Venice Walk Street Historic District this Craftsman-style beach cottage is located a few properties from the sand. The main house is 4 bedrooms 2 bathrooms with shaker style siding, exposed wood beams, wood wainscoting, and a few original stained glass windows. The downstairs has 2 bedrooms, 1 bathroom and upstairs has 2 bedrooms, 1 bathroom, a nice sized front yard, and a large front porch. The back building is 4 single units, each with full kitchens and baths. Two parking spaces in between buildings in the back, plus extra parking on a long driveway. Amazing beach location! House is vacant, and the units are all tenant-occupied. 2 utility meters one for the house & one for the back building. Landlord pays all utilities.
  • Entry Floor: 1
  • Exclusions: Tenant personal
  • Living Area: 2943
  • Lot Acreage: 0.0861
  • Lot Dimensions: 30x125
  • Property Condition: Fixer
  • Stories: 2
  • Year Built: 1921
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 6.00
  • Equipment: Built-Ins, Refrigerator, Range/Oven, Microwave
  • Price Per S Q F T: 679.24

Exterior Features

  • Direction Faces: North
  • Other Structures: None

Garage/Parking

  • Other Spaces: 4
  • Parking Garage: Driveway
  • Total Parking: 4

Utilities

  • Electric Expense: 1200.00
  • Heating: Baseboard
  • Water Expense: 800.00
  • Water Heaters: Yes

Fee Information

  • Gas Expense: 200.00
  • Insurance Expense: 400.00
  • Trash Expense: 100.00

Lot Info

  • Assessed Improvement Percent: 29.81
  • Assessed Improvement Value: 225320
  • Assessed Land Percent: 70.19
  • Assessed Land Value: 530497
  • Total Assessed Value: 755817
  • Assessor Parcel Number: 4286-021-015
  • Lot Size Area: 3751

Rental Info

  • Owner Pays: Electricity, Gardener, Gas, Water

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 7.14
  • Number Of Units: 5
  • Type Of Units: House/4 unit

Tax Info

  • Tax Expense: 1999.00

Range of Values:

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Value Increase
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Percent Increase
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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

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2022 04/04/22 Sold $2,273,000 +13.7% $772 / Sq Ft
03/08/2022 03/08/22 Pending -- -- --
02/22/2022 02/22/22 For Sale $1,999,000 0.0% $679 / Sq Ft
02/03/2022 02/03/22 Pending -- -- --
01/25/2022 01/25/22 For Sale $1,999,000 -- $679 / 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 $29,178 $2,412,125 $2,122,416 $289,709
2024 $29,178 $2,364,829 $2,080,800 $284,029
2023 $28,619 $2,318,460 $2,040,000 $278,460
2022 $9,713 $770,932 $541,106 $229,826
2021 $9,634 $755,817 $530,497 $225,320
2020 $9,674 $748,308 $525,058 $223,250
2019 $9,310 $733,641 $514,763 $218,878
2018 $9,221 $719,261 $504,670 $214,591
2016 $8,768 $691,103 $485,074 $206,029
2015 $8,646 $680,723 $477,788 $202,935
2014 $8,701 $667,389 $468,429 $198,960
Source: Public Records

Agents Affiliated with this Home

  • Rebecca Saenz

    Seller's Agent in 2022

    Rebecca Saenz

    RE/MAX

    (310) 924-4210

    2 in this area

    18 Total Sales

    Rebecca Saenz
    Section Image
  • Brooke Bryant

    Seller Co-Listing Agent in 2022

    Brooke Bryant

    Estate Properties

    (323) 646-7780

    1 in this area

    24 Total Sales

    Brooke Bryant
    Section Image
  • Donald Heilbrun

    Buyer's Agent in 2022

    Donald Heilbrun

    JohnHart Real Estate

    (818) 325-9634

    1 in this area

    7 Total Sales

    Donald Heilbrun
    Section Image
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Map

Source: The MLS

MLS Number: 22-121328

The MLS
California Los Angeles County Venice 90291 Venice

38 Dudley Ave, Venice, CA

Not Listed for Sale

MultiFamily

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