NOT LISTED FOR SALE

Estimated Value: $1,972,000 - $3,448,000

5 Beds
6 Baths
2,950 Sq Ft
$903/Sq Ft Est. Value

Last Sold August 01, 2022

Last sale price $2,400,000 $814 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $16,612/month

105 Days on Market

Highlights

  • Built-In Features
  • Air Conditioning
  • 4-minute walk to South Beach Park
  • Venice High School Rated A
  • 1-Story Property

About This Home

As of August 2022

Half a block from the sand in Venice beach with spectacular ocean views, this centrally located 4-Plex provides an excellent opportunity to invest in casual coastal living. With a mix of rental units that feature sunlit interiors, upscale finishes, natural wood floors and open-concept layouts - this clean, quiet, well maintained building offers incredible upside income potential! Enclosed by a private, landscaped courtyard perfect for sunset entertaining and sun-drenched relaxation. Few blocks from Abbot Kinney, Rose Avenue, Main Street and the beach, this property is a true coastal oasis in Venice. Please call listing agent for details!

Last Agent to Sell the Property

Jennifer Saginor

The Beverly Hills Estates License #01379187 Listed on: 03/01/2022

The Beverly Hills Estates

Co-Listed By

Isidora Fridman

Christie's International Real Estate SoCal License #01192964

Last Buyer's Agent

Jacqueline Chernov

The Beverly Hills Estates License #01361435

The Beverly Hills Estates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1906

Lot Details

  • 2,996 Sq Ft Lot

Interior Spaces

  • 2,950 Sq Ft Home
  • 1-Story Property
  • Built-In Features

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Air Conditioning
  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 4286-018-030

Property Details

Home Type

Multi-Family

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: call Jennifer for details 310-467-7051
  • Living Area: 2950
  • Lot Acreage: 0.0688
  • Stories: 1
  • Year Built: 1906
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Total Bathrooms: 6.00
  • Equipment: Built-Ins
  • Price Per S Q F T: 844.07

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Wall/Window
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 23.60
  • Assessed Improvement Value: 397812
  • Assessed Land Percent: 76.4
  • Assessed Land Value: 1287761
  • Total Assessed Value: 1685573
  • Assessor Parcel Number: 4286-018-030
  • Lot Size Area: 2996

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 31.00
  • Number Of Units: 4
  • Type Of Units: mixed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2022
Sold by
Garrick Austin and Garrick Bronwyn Patricia
Bought by
Anb Lp
Current Estimated Value
$2,662,929

Purchase Details

Closed on
Apr 4, 2005
Sold by
Sarlo Michael J
Bought by
Cohen Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$730,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 2005
Sold by
Nussbaum Bernice
Bought by
Cohen Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$730,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 17, 2004
Sold by
Venice Ozone Properties
Bought by
Sarlo Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 27, 2004
Sold by
Venice Ozone Properties
Bought by
Venice Ozone Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 2004
Sold by
Boserup Anne Marie
Bought by
Boserup Viggo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
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

Date Buyer Sale Price Title Company
Anb Lp -- --
Cohen Jason $1,000,000 Southland Title Corporation
Cohen Jason -- Southland Title Corporation
Sarlo Michael J $1,000,000 Southland Title Corporation
Venice Ozone Properties -- Southland Title Corporation
Boserup Viggo -- Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cohen Jason $730,000
Previous Owner Sarlo Michael J $750,000
Closed Cohen Jason $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2022 08/01/22 Sold $2,400,000 -3.6% $814 / Sq Ft
06/14/2022 06/14/22 Pending -- -- --
05/24/2022 05/24/22 Price Changed $2,490,000 -6.0% $844 / Sq Ft
04/25/2022 04/25/22 Price Changed $2,650,000 -7.0% $898 / Sq Ft
03/31/2022 03/31/22 Price Changed $2,850,000 -5.0% $966 / Sq Ft
03/01/2022 03/01/22 For Sale $2,999,000 -- $1,017 / 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 $29,757 $2,496,960 $2,288,880 $208,080
2024 $29,757 $2,448,000 $2,244,000 $204,000
2023 $29,178 $2,400,000 $2,200,000 $200,000
2022 $20,428 $1,719,284 $1,313,516 $405,768
2021 $20,173 $1,685,573 $1,287,761 $397,812
2020 $20,382 $1,668,290 $1,274,557 $393,733
2019 $19,567 $1,635,579 $1,249,566 $386,013
2018 $19,497 $1,603,510 $1,225,065 $378,445
2016 $18,644 $1,541,246 $1,177,496 $363,750
2015 $18,371 $1,518,096 $1,159,809 $358,287
2014 $18,444 $1,488,359 $1,137,090 $351,269
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-132427

The MLS

APN: 4286-018-030