NOT LISTED FOR SALE

426 Grand Blvd Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,507,000 - $2,119,000

2 Beds
2 Baths
1,473 Sq Ft
$1,267/Sq Ft Est. Value

Last Sold April 11, 2016

Last sale price $1,350,000 $916 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $11,407/month

115 Days on Market

About This Home

As of April 2016

REDUCED! Wonderful investment in the heart of Venice! This duplex situated on a double lot offers endless opportunity to all Buyers alike. Seconds from the Farmers Market, a short bike ride to the beach, and just off Abbot Kinney. Please see private remarks.

Last Agent to Sell the Property

Tamra Pardee

Pardee Properties License #01421451 Listed on: 11/19/2015

Last Buyer's Agent

Tamra Pardee

Pardee Properties License #01421451 Listed on: 11/19/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 4,506 Sq Ft Lot

Parking

  • Automatic Gate

Home Design

  • Duplex

Interior Spaces

  • 1,473 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 4238-020-006

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

4,506 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1473
  • Stories: 1
  • Year Built: 1947
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 2
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 1493.55

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Auto Driveway Gate

Lot Info

  • Assessor Parcel Number: 4238-020-006
  • Geocode Override: No
  • Lot Size Area: 4506

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Rent Control: 100%
  • Type Of Units: Duplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2015
Closed on
Apr 7, 2016
Sold by
426 Grand Blvd Llc
Bought by
Xingyun Llc
Seller's Agent
Tamra Pardee
Pardee Properties
Buyer's Agent
Tamra Pardee
Pardee Properties
List Price
$3,600,000
Sold Price
$1,350,000
Premium/Discount to List
-$2,250,000
-62.5%
Current Estimated Value
$1,866,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$516,337
Avg. Annual Appreciation
3.31%

Purchase Details

Listed on
Jun 11, 2012
Closed on
Jul 30, 2012
Sold by
Brock D Ann and D Ann Brock Living Trust
Bought by
426 Grand Blvd Llc
Seller's Agent
Tina Hale
Estate Properties
Buyer's Agent
Tamra Pardee
Pardee Properties
List Price
$888,000
Sold Price
$957,000
Premium/Discount to List
$69,000
7.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.80%

Purchase Details

Closed on
Mar 30, 2007
Sold by
Brock D Ann and D Ann Brock Living Trust
Bought by
Brock D Ann and D Ann Brock Living Trust

Purchase Details

Closed on
Jul 24, 1998
Sold by
Brock D Ann and Elrie L Brock Trust
Bought by
Brock D Ann and Elrie L Brock Non Exempt Marital Trust

Purchase Details

Closed on
Jul 12, 1995
Sold by
Brock Elrie L
Bought by
Brock Elrie L

Purchase Details

Closed on
Apr 24, 1995
Sold by
Esser Robert and The Grace E Wood Family Trust
Bought by
Brock Elrie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8.37%

Purchase Details

Closed on
Apr 19, 1995
Sold by
Brock Dann P
Bought by
Brock Elrie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8.37%

Purchase Details

Closed on
Sep 13, 1994
Sold by
Wood Grace E
Bought by
Esser Robert and Grace E Wood Family Trust
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
Xingyun Llc $1,350,000 Fidelity National Title Co
426 Grand Blvd Llc $957,009 Equity Title
Brock D Ann -- None Available
Brock D Ann -- --
Brock Elrie L -- --
Brock Elrie L $225,000 Old Republic Title
Brock Elrie L -- Old Republic Title Company
Esser Robert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brock Elrie L $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/11/2016 04/11/16 Sold $1,350,000 -62.5% $916 / Sq Ft
11/19/2015 11/19/15 For Sale $3,600,000 +276.2% $2,444 / Sq Ft
08/07/2012 08/07/12 Sold $957,000 +7.8% $650 / Sq Ft View Prior Sale
07/18/2012 07/18/12 Pending -- -- --
06/11/2012 06/11/12 For Sale $888,000 -- $603 / 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 $19,074 $1,598,120 $1,538,934 $59,186
2024 $19,074 $1,566,785 $1,508,759 $58,026
2023 $18,705 $1,536,065 $1,479,176 $56,889
2022 $17,832 $1,505,947 $1,450,173 $55,774
2021 $17,617 $1,476,420 $1,421,739 $54,681
2019 $17,087 $1,432,830 $1,379,570 $53,260
2018 $17,015 $1,404,740 $1,352,520 $52,220
2016 $12,059 $995,503 $728,164 $267,339
2015 $11,882 $980,551 $717,227 $263,324
2014 $11,927 $961,344 $703,178 $258,166
Source: Public Records

Agents Affiliated with this Home

  • Tamra Pardee

    Seller's Agent in 2016

    Tamra Pardee

    Pardee Properties

    (310) 907-6517

    222 in this area

    834 Total Sales

    Tamra Pardee
    Section Image

  • T

    Seller's Agent in 2012

    Tina Hale

    Estate Properties

  • Ian Hale

    Seller Co-Listing Agent in 2012

    Ian Hale

    Estate Properties

    (310) 862-1761

    5 in this area

    10 Total Sales

    Ian Hale
    Section Image
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Map

Source: The MLS

MLS Number: 15-960105

The MLS

APN: 4238-020-006

California Los Angeles County Venice 90291 Venice

426 Grand Blvd, Venice, CA

Not Listed for Sale

MultiFamily

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