NOT LISTED FOR SALE
12 Beds
8 Baths
6,332 Sq Ft
5,946 Sq Ft Lot

Last Sold August 01, 2021

Last sale price $3,245,000 $512 Per Sq Ft

Highlights

  • Beach Access
  • Canal View
  • Contemporary Architecture
  • Coeur D'Alene Avenue Elementary School Rated A-
  • Deck
  • 2-minute walk to Linnie Canal Park

About This Home

As of August 2021

First time on the market. Only three units are market rate. This building is priced according and the upside potential is there over time. It is a world class location four block from famous Venice Beach and two blocks from Abbott Kinney Blvd's shops and restaurants. This is for the buyer who is interested in the long term upside potential to own a property in a world class location.

Last Agent to Sell the Property

Bruce Schwartz

Rodeo Realty - Pacific Palisades License #01307711 Listed on: 06/07/2021

Rodeo Realty - Pacific Palisades

Last Buyer's Agent

Rob Renshaw

REMAX COMMERCIAL & INVESTMENT REALTY License #01332831

REMAX COMMERCIAL & INVESTMENT REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 5,946 Sq Ft Lot
  • North Facing Home

Home Design

  • Contemporary Architecture
  • Cosmetic Repairs Needed
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 6,332 Sq Ft Home
  • 3-Story Property
  • Garden Windows
  • Canal Views
  • Security Lights
  • Disposal
  • Laundry Room

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 16 Parking Spaces
  • Carport
  • Driveway
  • Assigned Parking

Accessible Home Design

  • ADA Compliant

Outdoor Features

  • Beach Access
  • Property is near a canal
  • Living Room Balcony
  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Property is located within a water district
  • Central Water Heater
  • Sewer in Street
  • Cable TV Available

Community Details

  • 8 Units
  • Laundry Facilities
  • Rent Control
  • Card or Code Access

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • The owner pays for gas
  • Assessor Parcel Number 4227-002-028

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Contemporary
  • Levels: Three Or More
  • Street Number Display: Yes
  • ADA Compliant: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: Yes
  • Building Permit: Yes
  • Entry Floor: 1
  • Living Area: 6332
  • Lot Acreage: 0.1365
  • Probate: No
  • Property Condition: Repair Cosmetic
  • Stories: 3
  • Year Built: 1972
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Mixed
  • Bedrooms: 12
  • Laundry: Community, Laundry Area
  • Laundry Equipment: Own
  • Total Bathrooms: 8.00
  • Equipment: Garbage Disposal
  • Price Per S Q F T: 520.00
  • Windows: Garden Window

Exterior Features

  • Direction Faces: North
  • Construction: Brick, Hard Coat, Wood Siding
  • Other Features: Balcony
  • Other Structures: None
  • Tennis Court Y/N: No
  • Foundation Details: Slab
  • Patio: Deck(s), Balcony, Covered Porch, Living Room Balcony
  • Paved: Yes
  • Pool: No
  • Roof: Composition, Shingle
  • Spa Yn: No
  • View: Canal
  • View: Yes

Garage/Parking

  • Other Spaces: 4
  • Covered Parking: 12
  • Parking Garage: Driveway, Covered Parking, Carport, Assigned
  • Total Parking: 16

Utilities

  • TV Svcs: Cable TV
  • Volt 220: In Laundry
  • Water District: LADWP
  • Water Heater: Central Water Heater
  • Heating: Forced Air
  • Security: Card/Code Access, Exterior Security Lights
  • Sewer: In Street
  • Water: District
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 63.96
  • Assessed Improvement Value: 257794
  • Assessed Land Percent: 36.04
  • Assessed Land Value: 145241
  • Total Assessed Value: 403035
  • Assessor Parcel Number: 4227-002-028
  • Lot Description: Alley Paved, Exterior Security Lights
  • Lot Location: Alley Access, Beach Access, Canal
  • Lot Size Area: 5946

Rental Info

  • Land Lease Type: Fee
  • Lease Per Month Year: Full Term
  • Owner Pays: Gas
  • Rent Control: Yes
  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 8
  • Total Annual Expense: 0
  • Type Of Units: apartments
  • Vacancy Rate: 0

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2021 08/01/21 Sold $3,245,000 -1.5% $512 / Sq Ft
06/07/2021 06/07/21 For Sale $3,295,000 -- $520 / Sq Ft
05/27/2021 05/27/21 Pending -- -- --
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 21-731726

The MLS