NOT LISTED FOR SALE

39 25th Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $2,452,991 - $2,965,000

4 Beds
4 Baths
3,048 Sq Ft
$893/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $2,320,000 $761 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $16,705/month

122 Days on Market

Highlights

  • Wood Flooring
  • Ceiling Fan
  • 4-minute walk to Linnie Canal Park
  • Coeur D'Alene Avenue Elementary School Rated A-

About This Home

As of December 2021

FANTASTIC 25TH AVE BEACH HOME & INCOME FROM TENANTS BELOW! This unique Venice Beach property is covered in deep red bougainvillea and sits on one of the most coveted walk-streets in all of Venice 25th Avenue between Speedway & Pacific. Step inside, and you will find two ground floor 1+1 units with a front patio covered in a lush garden for privacy. Then head up to the second floor, and you will see a beautifully designed beach home that includes a spacious two bedroom two bathroom with views of the Surf. You can utilize this property as an owner-occupied space or tenant income. You must see this unique property to appreciate all its natural light, seven tandem parking spaces, and two-story corner lot.

Last Agent to Sell the Property

Frankie Levangie

Coldwell Banker Realty License #02063464 Listed on: 07/16/2021

Coldwell Banker Realty

Last Buyer's Agent

Frankie Levangie

Compass License #02063464

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 2,642

Interior Spaces

  • 3,048 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Flooring
  • Dishwasher
  • Gas Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 7 Parking Spaces
  • Driveway

Additional Features

  • 2,642 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 4226-017-016

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3048
  • Lot Acreage: 0.0606
  • Stories: 2
  • Year Built: 1922
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 4
  • Total Bathrooms: 4.00
  • Equipment: Dishwasher, Gas Dryer Hookup
  • Price Per S Q F T: 803.48

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 7

Utilities

  • Cooling: Ceiling Fan
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 8.13
  • Assessed Improvement Value: 127446
  • Assessed Land Percent: 91.87
  • Assessed Land Value: 1440250
  • Total Assessed Value: 1567696
  • Assessor Parcel Number: 4226-017-016
  • Lot Size Area: 2642

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 4
  • Type Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2010
Sold by
Rose Robert and Rose Lee
Bought by
Rose Equity Holdings Llc
Current Estimated Value
$2,721,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,000
Outstanding Balance
$215,255
Interest Rate
4.26%
Mortgage Type
New Conventional
Estimated Equity
$2,506,243

Purchase Details

Closed on
Oct 4, 2010
Sold by
Rose Equity Holdings Llc
Bought by
Rose Robert and Rose Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,000
Outstanding Balance
$215,255
Interest Rate
4.26%
Mortgage Type
New Conventional
Estimated Equity
$2,506,243

Purchase Details

Closed on
Dec 31, 2008
Sold by
Rose Equity Holdings Llc
Bought by
Rose Equity Holdings Llc

Purchase Details

Closed on
Aug 9, 2005
Sold by
Rose Robert and Rose Robert Scott
Bought by
Roje Equity Holdings Llc

Purchase Details

Closed on
May 18, 2005
Sold by
Sykulski George and Sykulski Annette
Bought by
Rose Robert S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 8, 1996
Sold by
Sykulski George
Bought by
Sykulski George and Sykulski Annette
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
Rose Equity Holdings Llc -- None Available
Rose Robert -- None Available
Rose Robert -- None Available
Rose Equity Holdings Llc -- None Available
Roje Equity Holdings Llc -- --
Rose Robert S $1,230,000 Southland Title
Sykulski George -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rose Robert $329,000
Previous Owner Rose Robert S $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2021 12/17/21 Sold $2,320,000 -5.3% $761 / Sq Ft
11/16/2021 11/16/21 Pending -- -- --
11/12/2021 11/12/21 Price Changed $2,449,000 -2.0% $803 / Sq Ft
11/11/2021 11/11/21 Price Changed $2,499,999 -2.0% $820 / Sq Ft
11/03/2021 11/03/21 Price Changed $2,550,000 -3.8% $837 / Sq Ft
11/01/2021 11/01/21 Price Changed $2,650,000 -3.6% $869 / Sq Ft
10/19/2021 10/19/21 Price Changed $2,750,000 -2.1% $902 / Sq Ft
07/16/2021 07/16/21 For Sale $2,810,000 -- $922 / 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 $29,691 $2,462,001 $2,095,885 $366,116
2024 $29,364 $2,413,728 $2,054,790 $358,938
2023 $28,793 $2,366,400 $2,014,500 $351,900
2022 $27,448 $2,320,000 $1,975,000 $345,000
2021 $18,997 $1,583,936 $1,455,170 $128,766
2019 $18,427 $1,536,958 $1,412,010 $124,948
2018 $18,361 $1,506,823 $1,384,324 $122,499
2016 $17,555 $1,448,314 $1,330,570 $117,744
2015 $17,298 $1,426,560 $1,310,584 $115,976
2014 $17,368 $1,398,617 $1,284,912 $113,705
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2021

    Frankie Levangie

    Coldwell Banker Realty

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Map

Source: The MLS

MLS Number: 21-759166

The MLS

APN: 4226-017-016

California Los Angeles County Venice 90291 Venice

39 25th Ave, Venice, CA

Not Listed for Sale

MultiFamily

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