NOT LISTED FOR SALE

Estimated Value: $1,823,000 - $1,965,000

5 Beds
3 Baths
1,604 Sq Ft
$1,172/Sq Ft Est. Value

Sale Details

Date Sold: June 28, 2022

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

Est. 2% decrease in value since last sale

Current estimated payment $12,011 / mo

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

Nexus Prive, Inc. License #01514645 Listed on: 03/08/2022

Last Buyer's Agent

Bijan Raphael

Nexus Prive, Inc. License #01321985

Nexus Prive, Inc.

Property Details

Home Type

  • Multi-Family

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

Year Built

Built in 1930

Lot Details

2,701 Sq Ft Lot

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
  • 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
  • Type Of Units: Rental

Tax Info

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2013
Sold by
Bought by
Current Estimated Value
$1,880,619

Purchase Details

Closed on
Dec 28, 2009
Sold by
Bought by

Purchase Details

Closed on
Dec 14, 2009
Sold by
Bought by

Purchase Details

Closed on
Dec 7, 2009
Sold by
Bought by

Purchase Details

Closed on
Nov 7, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 6, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 8, 2000
Sold by
Bought by

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
Bought by

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
Bought by

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:

--
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$180,000 Chicago Title Company
$180,000 Chicago Title Company
-- Chicago Title Company
$180,000 Chicago Title Company
-- --
-- First American Title Co
-- Equity Title
$375,000 Equity Title
-- Equity Title
-- Equity Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $286,000
Previous Owner $281,250
Closed $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $24,368 $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

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Map

Source: The MLS

MLS Number: 22-134333

The MLS

APN: 4227-007-023

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