NOT LISTED FOR SALE

436 Venice Way Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,268,000 - $2,276,000

8 Beds
4 Baths
3,362 Sq Ft
$562/Sq Ft Est. Value

Last Sold February 28, 2024

Last sale price $2,085,000 $620 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $10,113/month

207 Days on Market

Highlights

  • Engineered Wood Flooring
  • Bathtub with Shower
  • 4-minute walk to Centennial Park
  • Venice High School Rated A

About This Home

As of February 2024

Situated on a double-size lot, 6,159 sqft, sits a well-maintained 4-plex, with (4) 2 bed, 1 bath units. Over the years, each unit has been updated with granite countertops new kitchen cabinets, and updated bathrooms. A few of the units have wood floors while the others have updated engineered or laminate floors. Each unit has its own washer and dryer hookups to accommodate stackable units. There is a large landscaped yard and an inviting communal patio with charming overhead white lights. There are (2) 2 car garages (4 parking spots total) behind the property which are accessed from the alley. The property will be delivered with the existing tenants in place. Just blocks to the beach and Abbot Kinney, on an oversized lot, this 4-plex is an ideal investment property or even future development potential.

Last Agent to Sell the Property

Briar Pecsok

Amalfi Estates License #01053841 Listed on: 06/10/2023

Co-Listed By

Anthony Marguleas

Amalfi Estates License #01173073

Last Buyer's Agent

Briar Pecsok

Amalfi Estates License #01053841 Listed on: 06/10/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 6,159 Sq Ft Lot

Parking

  • 4 Car Garage
  • Assigned Parking

Interior Spaces

  • 3,362 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven
  • Gas Cooktop
  • Dishwasher

Flooring

  • Engineered Wood
  • Laminate

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer Hookup

Community Details

  • 4 Units
  • Superlative Property Management Association

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for gardener, water
  • Assessor Parcel Number 4238-020-026

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

6,159 Sq Ft Lot

Parking

4

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 3362
  • Lot Acreage: 0.1414
  • Probate: No
  • Stories: 2
  • Year Built: 1947
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood, Engineered Hardwood, Laminate
  • Appliances: Cooktop - Gas, Oven
  • Bedrooms: 8
  • Common Walls: Attached
  • Bathroom Features: Shower and Tub
  • Laundry: In Unit
  • Total Bathrooms: 4.00
  • Equipment: Gas Dryer Hookup, Dishwasher, Stackable W/D Hookup, Refrigerator, Range/Oven
  • Price Per S Q F T: 742.12

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No

Garage/Parking

  • Garage Spaces: 4
  • Covered Parking: 4
  • Garage Structures: 1
  • Parking Garage: Assigned, Covered Parking
  • Total Parking: 4

Condo/Co-op/Association

  • Management Company: Superlative Property Management
  • Mgmt Co Phone: 3103911557|

Lot Info

  • Assessed Improvement Percent: 38.23
  • Assessed Improvement Value: 124402
  • Assessed Land Percent: 61.77
  • Assessed Land Value: 200968
  • Total Assessed Value: 325370
  • Assessor Parcel Number: 4238-020-026
  • Lot Size Area: 6159

Rental Info

  • Owner Pays: Gardener, Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106
  • Number Of Units: 4
  • Type Of Units: 2/1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2023
Closed on
Jan 3, 2024
Sold by
Gordon Mcgilvray Revocable Trust
Bought by
436 Venice Way Llc
Seller's Agent
Briar Pecsok
Amalfi Estates
Buyer's Agent
Briar Pecsok
Amalfi Estates
List Price
$2,495,000
Sold Price
$2,085,000
Premium/Discount to List
-$410,000
-16.43%
Views
258
Current Estimated Value
$1,888,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$196,039
Avg. Annual Appreciation
-4.82%
Original Mortgage
$1,900,000
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2015
Sold by
Mcgilvray Gordon B
Bought by
Mcgilvray Gordon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
436 Venice Way Llc $2,085,000 Usa National Title Company
Mcgilvray Gordon -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 436 Venice Way Llc $1,900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2024 02/28/24 Sold $2,085,000 -16.4% $620 / Sq Ft
01/03/2024 01/03/24 Pending -- -- --
06/10/2023 06/10/23 For Sale $2,495,000 -- $742 / 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 $4,586 $2,126,700 $1,595,280 $531,420
2024 $4,586 $338,513 $209,086 $129,427
2023 $4,509 $331,877 $204,987 $126,890
2022 $4,318 $325,370 $200,968 $124,402
2021 $4,246 $318,991 $197,028 $121,963
2019 $4,129 $309,532 $191,185 $118,347
2018 $4,059 $303,464 $187,437 $116,027
2016 $3,855 $291,681 $180,159 $111,522
2015 $3,804 $287,300 $177,453 $109,847
2014 $3,844 $281,673 $173,977 $107,696
Source: Public Records

Agents Affiliated with this Home

  • Briar Pecsok

    Seller's Agent in 2024

    Briar Pecsok

    Amalfi Estates

    (310) 922-4241

    5 in this area

    32 Total Sales

    Briar Pecsok
    Section Image
  • Anthony Marguleas

    Seller Co-Listing Agent in 2024

    Anthony Marguleas

    Amalfi Estates

    (310) 293-9280

    12 in this area

    305 Total Sales

    Anthony Marguleas
    Section Image
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Map

Source: The MLS

MLS Number: 23-279389

The MLS

APN: 4238-020-026

California Los Angeles County Venice 90291 Venice

436 Venice Way, Venice, CA

Not Listed for Sale

MultiFamily

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The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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