NOT LISTED FOR SALE

52 Paloma Ave Venice, CA 90291

Venice Neighborhood
8 Beds
8 Baths
5,359 Sq Ft
3,522 Sq Ft Lot

Last Sold July 15, 2015

Last sale price $4,000,000 $746 Per Sq Ft

88 Days on Market

About This Home

As of July 2015

Prime Venice Beach LOCATION, LOCATION! World Famous Venice Beach Boardwalk! Totally renovated in 2008, copper plumbing, new electrical, Caesar stone counter tops, air conditioned & much more. Currently 6 units can be vacant at close of escrow. Actual Rents for Units 2 & 3, other rents are projected for 6 vacant units at close. 8 Covered Parking One Block Off-Site for $135 monthly per space.

Last Agent to Sell the Property

Francyne Lambert

Lambert Investments, Inc. License #00827267 Listed on: 03/20/2015

Last Buyer's Agent

Carl Lambert

Lambert Investments, Inc. License #00860625

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 3,522

Interior Spaces

  • 5,359 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Additional Features

  • 3,522 Sq Ft Lot
  • Air Conditioning

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 4286-022-026

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 5359
  • Stories: 2
  • Year Built: 1925
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 8.00
  • Equipment: Dishwasher, Garbage Disposal, Range/Oven, Refrigerator
  • Price Per S Q F T: 765.07

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Utilities

  • Cooling: Air Conditioning

Lot Info

  • Assessed Improvement Value: 107149
  • Assessed Land Value: 1865494
  • Assessor Parcel Number: 4286-022-026
  • Geocode Override: No
  • Lot Size Area: 3522

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
  • Gross Rent Multiplier: 14.65
  • Number Of Units: 8
  • Type Of Units: Flat

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

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2015 07/15/15 Sold $4,000,000 -5.9% $746 / Sq Ft
06/16/2015 06/16/15 Pending -- -- --
03/20/2015 03/20/15 For Sale $4,250,000 -- $793 / 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 $56,693 $4,735,184 $3,551,390 $1,183,794
2024 $56,693 $4,642,338 $3,481,755 $1,160,583
2023 $55,591 $4,551,313 $3,413,486 $1,137,827
2022 $53,003 $4,462,072 $3,346,555 $1,115,517
2021 $52,364 $4,374,582 $3,280,937 $1,093,645
2019 $50,795 $4,245,832 $3,183,624 $1,062,208
2018 $50,665 $4,162,600 $3,121,200 $1,041,400
2016 $48,438 $4,000,000 $3,000,000 $1,000,000
2015 $24,748 $2,012,055 $1,902,766 $109,289
2014 -- $1,972,643 $1,865,494 $107,149
Source: Public Records

Agents Affiliated with this Home

  • Francyne Lambert

    Seller's Agent in 2015

    Francyne Lambert

    Lambert Investments, Inc.

    (310) 720-9299

    6 in this area

    18 Total Sales

    Francyne Lambert
    Section Image

  • C

    Buyer's Agent in 2015

    Carl Lambert

    Lambert Investments, Inc.

    (310) 453-9656

    3 Total Sales

    Carl Lambert
    Section Image
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Map

Source: The MLS

MLS Number: 15-888829

The MLS
California Los Angeles County Venice 90291 Venice

52 Paloma Ave, Venice, CA

Not Listed for Sale

MultiFamily

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