$1,295,000
PENDING $200K PRICE DROP

Estimated payment $8,357/month

Total Views 3,024
2 Beds
2 Baths
1,473 Sq Ft
$879 Price per Sq Ft

Highlights

  • Floor Furnace
  • 1-Story Property
  • 4-minute walk to Linnie Canal Park
  • Venice High School Rated A

About This Home

Fantastic Venice Beach Duplex - This charming duplex offers incredible potential for both owner-users and savvy investors. Situated just blocks from the beach and all of Venice's iconic shops, cafes, and hot spots, this property delivers the ultimate coastal lifestyle.The back unit, perfect for an owner-occupant, is vacant and move-in ready, featuring a generously sized 1 bed, 1 bath layout with direct access to a huge private backyard, ideal for entertaining, gardening, or relaxing under the sun. The second unit is also a spacious 1 bed, 1 bath, each unit offering approximately 750 square feet of living space and both with in unit laundry. A massive detached garage offers excellent storage or the opportunity to convert into an additional bedroom, office, or studio. There are two dedicated parking spaces in the rear, a major plus in this beachside neighborhood. Zoned R1.5, this lot opens the door for future development potential, including multi-unit construction or expansion for increased rental income.The property needs some updating, but with the right vision, a buyer can transform this into their dream home or a high-performing income property. Location, potential, and flexibility make this property a must see.

Listing Agent

Tyler Kunkle

Pardee Properties License #01965642 Listed on: 05/29/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,455

Year Built

  • Built in 1947

Interior Spaces

  • 1,473 Sq Ft Home
  • 1-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Driveway

Additional Features

  • 4,490 Sq Ft Lot
  • Floor Furnace

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 4238-020-022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,455

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 1473
  • Lot Acreage: 0.1031
  • Stories: 1
  • Year Built: 1947
  • Number Of Photos: 15
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 2
  • Total Bathrooms: 2.00
  • Equipment: Refrigerator, Range/Oven, Washer, Dryer
  • Price Per S Q F T: 879.16

Exterior Features

  • Other Structures: None

Garage/Parking

  • Other Spaces: 2
  • Parking Garage: Driveway
  • Total Parking: 2

Utilities

  • Heating: Floor

Lot Info

  • Assessed Improvement Percent: 15.03
  • Assessed Improvement Value: 177650
  • Assessed Land Percent: 84.97
  • Assessed Land Value: 1004433
  • Total Assessed Value: 1182083
  • Assessor Parcel Number: 4238-020-022
  • Lot Size Area: 4490

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 23.87
  • Number Of Units: 2
  • Total Annual Expense: 29940
  • Type Of Units: occupied
  • Vacancy Rate: 0

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $14,455 $1,205,724 $1,024,521 $181,203
2024 $14,455 $1,182,083 $1,004,433 $177,650
2023 $14,177 $1,158,906 $984,739 $174,167
2022 $13,519 $1,136,183 $965,431 $170,752
2021 $13,353 $1,113,905 $946,501 $167,404
2019 $12,953 $1,080,868 $918,428 $162,440
2018 $12,890 $1,059,675 $900,420 $159,255
2016 $12,333 $1,018,528 $865,456 $153,072
2015 $12,152 $1,003,230 $852,457 $150,773
2014 $12,197 $983,579 $835,759 $147,820
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 Pending -- -- --
07/01/2025 07/01/25 Price Changed $1,295,000 -13.4% $879 / Sq Ft
05/29/2025 05/29/25 For Sale $1,495,000 -- $1,015 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Grant Deed $865,000 Fidelity National Title Co
Individual Deed -- Southland Title Corporation
Grant Deed $225,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $150,000 Credit Line Revolving
Previous Owner $605,500 Purchase Money Mortgage
Previous Owner $240,000 Unknown
Previous Owner $590,000 Purchase Money Mortgage
Previous Owner $220,000 Unknown
Previous Owner $200,000 Unknown
Previous Owner $50,000 Credit Line Revolving
Previous Owner $180,000 No Value Available
Closed $86,500 No Value Available
Source: Public Records

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Source: The MLS

MLS Number: 25545545

The MLS

APN: 4238-020-022