NOT LISTED FOR SALE

Estimated Value: $1,939,000 - $2,468,000

7 Beds
5 Baths
2,068 Sq Ft
$1,037/Sq Ft Est. Value

Sale Details

Date Sold: December 23, 2022

Last sale price $1,750,000 $846 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $13,640 / mo

49 Days on Market

Highlights

  • Views of Trees
  • Wood Flooring
  • Balcony
  • Craftsman Architecture
  • Fenced Yard
  • 2 Car Attached Garage

About This Home

As of December 2022

Opportunity awaits in this rare gem situated on a quintessential treelined walk street, less than 1 block to the ocean! This craftsman duplex oozes with charm and is a fantastic investment opportunity, ready for your vision. With the beach at your front door, you are mere minutes to Abbot Kinney, the Venice Canals, and more! This classic property in the heart of Venice comes fully rented, with 8 established tenants -- all rooms in the property being rented separately as well as a studio off the garage. As you enter the serene open-air patio in the front yard, you are greeted by magical towering trees - the perfect setting to dine under the stars, or soak in the ocean breezes while unwinding with a book. The darling front house offers 7 individual bedrooms, two upstairs with their own bathrooms, and two with balconies. All bedrooms are currently being rented by separate tenants, creating a communal ambiance. Spacious common areas allow for gathering and relaxation. Make your way back and you'll find a private detached studio with a full kitchen, and bathroom with direct access to the garage, which is also being rented. Perfect to work from home, or as another rental! Enjoy outdoor spaces galore! Whether on the balcony of one of the second-story bedrooms, or one of the many outdoor moments! Located on one of the few walk streets off the beach, enjoy excellent restaurants, coffee shops, boutiques, and more. ** Property consists of Tenants renting rooms in the property, there are 8 tenants with leases in place on the property. The property will not be delivered vacant** ** Access with Accepted Offer Only** **Property is a Probate Sale, Subject to Court Confirmation! ** **All income details presented are estimated**

Last Agent to Sell the Property

Tamra Pardee

Pardee Properties License #01421451 Listed on: 08/26/2022

Co-Listed By

Samantha Kinnon

Pardee Properties License #01858397

Last Buyer's Agent

Sagiv Rosano

Rosano Partners License #01380809

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1909

Lot Details

  • 3,752 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Back and Front Yard

Parking

  • 2 Car Attached Garage
  • Attached Carport
  • Tandem Parking

Home Design

  • Duplex
  • Craftsman Architecture

Interior Spaces

  • 2,068 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Living Room
  • Dining Area
  • Views of Trees

Kitchen

  • Gas Oven
  • Range Hood
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms
  • Bathtub with Shower
  • Shower

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Heating System Mounted To A Wall or Window
  • Sewer in Street

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for electricity, water, gas, cable TV, move out fee, move in fee
  • Assessor Parcel Number 4286-021-025

Property Details

Home Type

Multi-Family

Year Built

Built in 1909

Lot Details

3,752 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Style: Craftsman
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Alley: Yes
  • Entry Location: Ground Level w/steps
  • Living Area: 2068
  • Lot Acreage: 0.0861
  • Probate: Yes
  • Stories: 2
  • Year Built: 1909
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Wood, Tile
  • Appliances: Range Hood, Oven-Gas, Oven, Free Standing Gas
  • Bedrooms: 7
  • Common Walls: Attached
  • Bathroom Features: Shower Over Tub, Shower Stall
  • Laundry: Laundry Area, In Unit, Inside, In Kitchen, Community
  • Total Bathrooms: 5.00
  • Equipment: Ceiling Fan, Dishwasher, Dryer, Washer, Refrigerator, Range/Oven, Freezer, Garbage Disposal, Hood Fan
  • Price Per S Q F T: 1061.41

Exterior Features

  • Other Features: Balcony, Sliding Glass Doors
  • Other Structures: None
  • Patio: Patio Open, Balcony
  • Pool: No
  • Spa Yn: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Tandem, Garage - 2 Car, Garage Is Attached, Uncovered, Carport Attached
  • Total Parking: 4

Utilities

  • Cooling: Ceiling Fan
  • Heating: Wall
  • Sewer: In Street
  • Water: Public

Lot Info

  • Assessor Parcel Number: 4286-021-025
  • Lot Description: Back Yard, Fenced, Fenced Yard, Front Yard, Landscaped, Walk Street
  • Lot Size Area: 3752

Rental Info

  • Court Approve: Yes
  • Tenant Pays: Electricity, Water, Gas, Cable TV, Move Out Fee, Move In Fee

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 16.00
  • Number Of Units: 2
  • Type Of Units: Duplex

MLS Schools

  • School District: Los Angeles Unified

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
Sep 22, 2025
Sold by
Bought by
Current Estimated Value
$2,144,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,388,750
Outstanding Balance
$1,377,378
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$767,089

Purchase Details

Listed on
Aug 26, 2022
Closed on
Dec 2, 2022
Sold by
Bought by
Seller's Agent
Tamra Pardee
Pardee Properties
Buyer's Agent
Sagiv Rosano
Rosano Partners
List Price
$2,195,000
Sold Price
$1,750,000
Premium/Discount to List
-$445,000
-20.27%
Views
39

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.79%
Original Mortgage
$950,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2022
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
$950,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2006
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Venice, CA

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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
-- Chicago Title Company
-- Fidelity National Title
$1,750,000 Fidelity National Title
-- None Available
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
Open $1,388,750
Closed $950,000
Previous Owner $195,000
Previous Owner $845,000
Previous Owner $624,000
Previous Owner $144,000
Previous Owner $649,900
Previous Owner $492,000
Previous Owner $120,500
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
12/23/2022 12/23/22 Sold $1,750,000 -20.3% $846 / Sq Ft
10/14/2022 10/14/22 Pending -- -- --
08/26/2022 08/26/22 For Sale $2,195,000 -- $1,061 / 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 $21,958 $1,820,700 $1,560,600 $260,100
2024 $21,865 $1,785,000 $1,530,000 $255,000
2023 $21,294 $1,750,000 $1,500,000 $250,000
2022 $2,373 $177,595 $112,781 $64,814
2021 $2,331 $174,114 $110,570 $63,544
2019 $2,266 $168,952 $107,292 $61,660
2018 $2,206 $165,640 $105,189 $60,451
2016 $2,091 $159,209 $101,105 $58,104
2015 $2,063 $156,819 $99,587 $57,232
2014 $2,084 $153,748 $97,637 $56,111
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-190253

The MLS

APN: 4286-021-025

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