NOT LISTED FOR SALE

486 Carroll Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,864,335 - $2,023,000

5 Beds
3 Baths
1,604 Sq Ft
$1,228/Sq Ft Est. Value

Last Sold June 28, 2022

Last sale price $1,910,000 $1,191 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $12,450/month

48 Days on Market

About This Home

As of June 2022

486-488-490 Carroll Ave. is 150 feet from Historic Venice Canal. Rare opportunity to own income property on ideal corner lot with an alley. Great value triplex consisting of a free-standing 2-bed 1-bath unit and two 1-bed 1-bath units stacked with a lovely courtyard in between. Location in the epicenter of LA fashion, art, restaurants and hot spots that Venice has to offer. Walking distance to the ocean. Minutes from Marina Del Rey and Venice Boardwalk.

Last Agent to Sell the Property

Tikva Nemani

Casey Bohn License #01514645 Listed on: 03/08/2022

Last Buyer's Agent

Bijan Raphael

Casey Bohn License #01321985

Casey Bohn

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,110

Year Built

  • Built in 1930

Lot Details

  • 2,701 Sq Ft Lot
  • Lot Dimensions are 30x90

Interior Spaces

  • 1,604 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Shared Driveway

Listing and Financial Details

  • Assessor Parcel Number 4227-007-023

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,110

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: Yes
  • Living Area: 1604
  • Lot Dimensions: 30x90
  • Price Per Unit: 616666.66
  • Stories: 2
  • Year Built: 1930
  • Number Of Photos: 6
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Total Bathrooms: 3.00
  • Equipment: Garbage Disposal, Range/Oven, Refrigerator
  • Price Per S Q F T: 1184.54

Exterior Features

  • Other Structures: None
  • Paved: Yes

Garage/Parking

  • Other Spaces: 3
  • Parking Garage: Shared Driveway
  • Total Parking: 3

Fee Information

  • Other Expense: 26440.00

Lot Info

  • Additions Alterations: No
  • Assessed Improvement Percent: 16.29
  • Assessed Improvement Value: 111189
  • Assessed Land Percent: 83.71
  • Assessed Land Value: 571567
  • Total Assessed Value: 682756
  • Assessor Parcel Number: 4227-007-023
  • Lot Size Area: 2701

Rental Info

  • Total Actual Rent: 82632.00
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 22.99
  • Number Of Units: 3
  • Rent Control: 100
  • Total Annual Expense: 30040
  • Type Of Units: Rental
  • Vacancy Rate: 0%

Tax Info

  • Tax New: 23054.00
  • Tax Percent: 1.21
  • Tax Rate: 1.21
  • Tax Total: 8281.41
  • Tax Rate Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2022
Closed on
May 26, 2022
Sold by
Matthew L Hecht Trust
Bought by
Mahinda Mithun Jonathan
Seller's Agent
Tikva Nemani
Casey Bohn
Buyer's Agent
Bijan Raphael
Casey Bohn
List Price
$1,900,000
Sold Price
$1,910,000
Premium/Discount to List
$10,000
0.53%
Current Estimated Value
$1,969,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,334
Avg. Annual Appreciation
0.95%
Original Mortgage
$1,527,900
Outstanding Balance
$1,486,777
Interest Rate
8.38%
Mortgage Type
New Conventional
Estimated Equity
$482,557

Purchase Details

Closed on
May 14, 2013
Sold by
Hecht Matthew Lynd
Bought by
Hecht Matthew L and The Matthew L Hecht Trust

Purchase Details

Closed on
Dec 28, 2009
Sold by
Hecht Mathew L
Bought by
Hecht Matthew Lynd

Purchase Details

Closed on
Dec 14, 2009
Sold by
Port Peng
Bought by
Port Jonathan

Purchase Details

Closed on
Dec 7, 2009
Sold by
Port Jonathan
Bought by
Hecht Matthew Lynd

Purchase Details

Closed on
Nov 7, 2003
Sold by
Hecht Mathew
Bought by
Port Jonathan and Hecht Mathew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.98%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 6, 2003
Sold by
Port Jonathan
Bought by
Hecht Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.98%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 8, 2000
Sold by
Port Pheng T
Bought by
Port Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
8.21%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Feb 3, 2000
Sold by
Ickowicz Jenette
Bought by
Hecht Matthew and Port Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
8.21%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 28, 2000
Sold by
Fellows Ilona
Bought by
Fellows Walt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
8.21%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

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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
Mahinda Mithun Jonathan $1,910,000 First American Title Company O
Hecht Matthew L -- None Available
Hecht Matthew Lynd $180,000 Chicago Title Company
Hecht Matthew Lynd $180,000 Chicago Title Company
Port Jonathan -- Chicago Title Company
Hecht Matthew Lynd $180,000 Chicago Title Company
Port Jonathan -- --
Hecht Matthew -- First American Title Co
Port Jonathan -- Equity Title
Hecht Matthew $375,000 Equity Title
Fellows Walt -- Equity Title
Iskowitz Moury -- Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mahinda Mithun Jonathan $1,527,900
Previous Owner Hecht Matthew $286,000
Previous Owner Hecht Matthew $281,250
Closed Hecht Matthew Lynd $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2022 06/28/22 Sold $1,910,000 +0.5% $1,191 / Sq Ft
04/25/2022 04/25/22 Pending -- -- --
03/08/2022 03/08/22 For Sale $1,900,000 -- $1,185 / 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 $24,110 $2,026,907 $1,857,114 $169,793
2024 $24,110 $1,987,164 $1,820,700 $166,464
2023 $23,640 $1,948,200 $1,785,000 $163,200
2022 $8,389 $696,410 $582,998 $113,412
2021 $8,281 $682,756 $571,567 $111,189
2020 $8,365 $675,756 $565,707 $110,049
2019 $8,035 $662,507 $554,615 $107,892
2018 $7,989 $649,518 $543,741 $105,777
2016 $7,637 $624,298 $522,628 $101,670
2015 $7,527 $614,921 $514,778 $100,143
2014 $7,567 $602,877 $504,695 $98,182
Source: Public Records

Agents Affiliated with this Home

  • Tikva Nemani

    Seller's Agent in 2022

    Tikva Nemani

    Casey Bohn

    (310) 777-5134

    2 in this area

    4 Total Sales

    Tikva Nemani
    Section Image
  • Bijan Raphael

    Buyer's Agent in 2022

    Bijan Raphael

    Casey Bohn

    (310) 367-1222

    2 in this area

    6 Total Sales

    Bijan Raphael
    Section Image
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Map

Source: The MLS

MLS Number: 22-134333

The MLS

APN: 4227-007-023

California Los Angeles County Venice 90291 Venice

486 Carroll Ave, Venice, CA

This home is located at 486 Carroll Ave, Venice, CA 90291 since 08 March 2022 and is currently estimated at $1,969,334, approximately $1,227 per square foot. This property was built in 1930. 486 Carroll Ave is a home located in Los Angeles County with nearby schools including Coeur D'Alene Avenue Elementary School, Mark Twain Middle School, and Venice High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 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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