NOT LISTED FOR SALE

Estimated Value: $1,562,000 - $2,702,000

6 Beds
5 Baths
2,940 Sq Ft
$762/Sq Ft Est. Value

Last Sold November 15, 2012

Last sale price $950,000 $323 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $13,272/month

36 Days on Market

Highlights

  • Spanish Architecture
  • Venice High School Rated A
  • Built-In Features

About This Home

As of November 2012

Triplex building with 2 enclosed yards. Spanish style front unit with 2BR/1 Bath, fireplace, remodeled kitchen, bathroom, windows, laminate hardwood floors, carpet and private patio. Two units 2 story townhouse with 2 BR/1.5 Baths each unit with laminate hardwood floors and copper plumbing. The triplex total bedroom count is 6. Laundry room on site. Shared yard enclosed with grass and community patio. There are a total of 6 parking spaces, 2 double tandem carport and 2 driveway spaces. R3 zoning which allows Investor to build condo complex, please verify with City. Biking distance to Marina Dey Rey, Venice Beach and Pier.

Last Agent to Sell the Property

Juanita Tiu

Power Brokers License #00973673 Listed on: 08/29/2012

Last Buyer's Agent

Afshin Eskandari

License #01803613

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,282

Year Built

  • Built in 1925

Lot Details

  • 5,401

Home Design

  • Triplex
  • Spanish Architecture
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,940 Sq Ft Home
  • Built-In Features

Parking

  • 6 Parking Spaces
  • Carport

Additional Features

  • 5,401 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 4236-015-020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,282

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 2940
  • Year Built: 1925
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Dining Room: 0
  • Family Room: 0
  • Den: 0
  • Equipment: Built-Ins
  • Price Per S Q F T: 326.36

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Composition, Shingle
  • View: No

Garage/Parking

  • Parking Garage: Carport
  • Total Parking: 6

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 231000
  • Assessed Land Value: 624000
  • Assessor Parcel Number: 4236-015-020
  • Lot Size Area: 5401

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 12.50
  • Number Of Units: 3
  • Rent Control: 100
  • Total Annual Expense: 0
  • Type Of Units: Triplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2022
Sold by
Samimi Soheil and Samimi Noura
Bought by
Beethoven Property Llc
Current Estimated Value
$2,217,502

Purchase Details

Closed on
Mar 17, 2021
Sold by
Beethoven Property Llc
Bought by
Samimi Soheil and Samimi Noura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2013
Sold by
Samimi Soheil and Samimi Noura
Bought by
Beethoven Property Llc

Purchase Details

Listed on
Aug 29, 2012
Closed on
Oct 10, 2012
Sold by
Cheng Denise and Cheng Jennifer
Bought by
Samimi Soheil and Samimi Noura
Seller's Agent
Juanita Tiu
Power Brokers
Buyer's Agent
Afshin Eskandari
List Price
$959,500
Sold Price
$950,000
Premium/Discount to List
-$9,500
-0.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.57%
Original Mortgage
$645,300
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2010
Sold by
Cheng Gang Llc
Bought by
Cheng Denise and Cheng Jennifer

Purchase Details

Closed on
Jul 20, 2006
Sold by
Cheng Denise and Cheng Jennifer
Bought by
Cheng Gang Llc

Purchase Details

Closed on
Nov 4, 2003
Sold by
Bolland Andrew S and Bolland Linda R
Bought by
Cheng Denise and Cheng Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 15, 2002
Sold by
Ho Gail L
Bought by
Bolland Andrew S and Bolland Linda R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
6.84%

Purchase Details

Closed on
Apr 9, 1999
Sold by
Toye Arthur S
Bought by
Ho Gail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.98%

Purchase Details

Closed on
Mar 16, 1998
Sold by
Toye Arthur S
Bought by
Ho Gail

Purchase Details

Closed on
Oct 21, 1994
Sold by
First Nationwide Bank Fsb
Bought by
First Madison Bank Fsb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.04%

Purchase Details

Closed on
Oct 12, 1994
Sold by
First Madison Bank Fsb
Bought by
Ho Gail and Toye Arthur S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.04%

Purchase Details

Closed on
Jul 7, 1994
Sold by
Master Mtg Company
Bought by
First Nationwide Bank Fsb
Source: Public Records

Range of Values:

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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
Beethoven Property Llc -- --
Samimi Soheil -- First American Title Ins Co
Beethoven Property Llc -- None Available
Samimi Soheil $950,000 Equity Title Los Angeles
Cheng Denise -- None Available
Cheng Gang Llc -- None Available
Cheng Denise $745,000 Equity Title Company
Bolland Andrew S $485,000 Fidelity National Title Co
Ho Gail -- California Counties Title Co
Ho Gail -- --
First Madison Bank Fsb -- Southland Title Company
Ho Gail $220,000 Southland Title Company
First Nationwide Bank Fsb $283,334 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Samimi Soheil $550,000
Previous Owner Samimi Soheil $645,300
Previous Owner Cheng Denise $618,900
Previous Owner Cheng Denise $540,000
Previous Owner Bolland Andrew S $388,500
Previous Owner Bolland Andrew S $388,000
Previous Owner Ho Gail $240,000
Previous Owner Ho Gail $176,000
Closed Cheng Denise $107,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2012 11/15/12 Sold $950,000 -1.0% $323 / Sq Ft
10/04/2012 10/04/12 Pending -- -- --
08/29/2012 08/29/12 For Sale $959,500 -- $326 / 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 $14,282 $1,169,845 $818,894 $350,951
2024 $14,282 $1,146,908 $802,838 $344,070
2023 $14,013 $1,124,421 $787,097 $337,324
2022 $13,372 $1,241,340 $869,040 $372,300
2021 $13,200 $1,080,760 $756,534 $324,226
2020 $13,333 $1,069,679 $748,777 $320,902
2019 $12,810 $1,048,706 $734,096 $314,610
2018 $12,717 $1,028,144 $719,702 $308,442
2016 $12,154 $988,222 $691,756 $296,466
2015 $11,979 $973,379 $681,366 $292,013
2014 $12,031 $954,312 $668,019 $286,293
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-621549

The MLS

APN: 4236-015-020