NOT LISTED FOR SALE

Estimated Value: $1,989,000 - $2,473,000

-- Bed
-- Bath
1,670 Sq Ft
$1,325/Sq Ft Est. Value

Last Sold September 04, 2020

Last sale price $1,575,000 $943 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $13,486/month

10 Days on Market

Highlights

  • Living Room with Fireplace
  • Wood Flooring
  • Front Porch
  • Venice High School Rated A
  • Fenced Yard
  • Side by Side Parking

About This Home

As of September 2020

Opportunity awaits in this original Venice turn of the century colonial revival home. Located on a quintessential treelined walk street, less 1 block to the beach and seconds to Abbot Kinney. //What you need to know: A MAJOR FIXER and is situated in a prime location. Will need to be built new or a complete renovation. Bring your vision and creativity! Situated as multiple units in its current form, this property has not been lived in for many years. 3 car uncovered parking spaces in the back. //Whats special about the neighborhood: Fantastic location on one of the few walk streets just off Venice Beach. Walk to amazing shops and enjoy many local Venice restaurants. Don't miss out on this rare gem in the heart of Venice!

Last Agent to Sell the Property

Tamra Pardee

Pardee Properties License #01421451 Listed on: 08/02/2020

Last Buyer's Agent

Kimberly Roberts Stepp

Keller Williams Beverly Hills License #01251767

Keller Williams Beverly Hills

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,302

Year Built

  • Built in 1908

Lot Details

  • 2,985 Sq Ft Lot
  • Fenced Yard
  • Value in Land
  • Tear Down

Home Design

  • Split Level Home
  • Major Repairs Completed

Interior Spaces

  • 1,670 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Wood Flooring
  • Property Views

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Side by Side Parking
  • Driveway

Additional Features

  • Front Porch
  • Sewer in Street

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 4286-020-026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,302

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: Yes
  • Entry Location: Main Level
  • Living Area: 1670
  • Probate: No
  • Property Condition: Repairs Major, Tear Down, Value Mainly In Land
  • Stories: 2
  • Year Built: 1908
  • Number Of Photos: 8
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Rooms: Wood Burning, Living Room
  • Flooring: Wood
  • Price Per S Q F T: 685.63

Exterior Features

  • Other Structures: None
  • Patio: Porch - Front
  • Pool: No
  • Spa Yn: No
  • View: Walk Street
  • View: Yes

Garage/Parking

  • Other Spaces: 3
  • Garage Structures: 0
  • Parking Garage: Side By Side, Driveway - Concrete, Uncovered
  • Total Parking: 3

Utilities

  • Sewer: In Street

Lot Info

  • Assessor Parcel Number: 4286-020-026
  • Lot Description: Fenced Yard, Walk Street
  • Lot Location: Alley Access
  • Lot Size Area: 2985

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Total Annual Expense: 0
  • Type Of Units: 2
  • Vacancy Rate: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2020
Closed on
Aug 12, 2020
Sold by
49 Dudley Llc
Bought by
49 Dudley Ave Llc
Seller's Agent
Tamra Pardee
Pardee Properties
Buyer's Agent
Kimberly Roberts Stepp
Keller Williams Beverly Hills
List Price
$1,145,000
Sold Price
$1,575,000
Premium/Discount to List
$430,000
37.55%
Current Estimated Value
$2,213,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$638,541
Avg. Annual Appreciation
5.90%

Purchase Details

Listed on
Aug 2, 2020
Closed on
Jul 7, 2020
Sold by
Bryan Judith Lynn and Bryan Susan Mary
Bought by
49 Dudley Llc
Seller's Agent
Tamra Pardee
Pardee Properties
Buyer's Agent
Kimberly Roberts Stepp
Keller Williams Beverly Hills
List Price
$1,145,000
Sold Price
$1,575,000
Premium/Discount to List
$430,000
37.55%
Source: Public Records

Range of Values:

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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
49 Dudley Ave Llc $1,575,000 Fidelity National Title Co
49 Dudley Llc -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 49 Dudley Ave Llc $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2020 09/04/20 Sold $1,575,000 +37.6% $943 / Sq Ft
08/12/2020 08/12/20 Pending -- -- --
08/02/2020 08/02/20 For Sale $1,145,000 -- $686 / 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 $20,302 $1,704,829 $1,407,161 $297,668
2024 $20,302 $1,671,402 $1,379,570 $291,832
2023 $19,908 $1,638,630 $1,352,520 $286,110
2022 $18,977 $1,606,500 $1,326,000 $280,500
2021 $18,747 $1,575,000 $1,300,000 $275,000
2020 $1,281 $87,148 $51,309 $35,839
2019 $1,239 $85,440 $50,303 $35,137
2018 $1,197 $83,766 $49,317 $34,449
2016 $1,130 $80,514 $47,402 $33,112
2015 $1,116 $79,305 $46,690 $32,615
2014 $1,135 $1,657,491 $1,406,356 $251,135
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-572596

The MLS

APN: 4286-020-026