NOT LISTED FOR SALE

526 Victoria Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,664,000 - $3,291,000

2 Beds
2 Baths
1,152 Sq Ft
$1,877/Sq Ft Est. Value

Last Sold July 01, 2016

Last sale price $1,950,000 $1,693 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $13,614/month

12 Days on Market

Highlights

  • 1-Story Property
  • Coeur D'Alene Avenue Elementary School Rated A-
  • 5-minute walk to Triangle Park

About This Home

As of July 2016

Prime Venice location, Developers DREAM!!!! Double lot zoned M1, live/work, multiple options to build on this once in a lifetime opportunity. Currently a duplex both 1+1, needs a complete makeover from top to bottom!!! One of the only lots on the block that has driveway access from Victoria as well as alleyway access. Seconds from Abbot Kinney, the beach. Do not miss out! Property is being sold in "As-Is" condition.

Last Agent to Sell the Property

Diana Tangalakis

Cavanaugh Realtors License #01813820 Listed on: 05/05/2016

Last Buyer's Agent

Daniel Pickart

Newmark Estates License #01914551

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1938

Lot Details

  • 5,001

Home Design

  • Duplex

Interior Spaces

  • 1,152 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Car Garage
  • Driveway

Additional Features

  • 5,001 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 4237-007-021

Property Details

Home Type

Multi-Family

Year Built

Built in 1938

Lot Details

5,001 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1152
  • Stories: 1
  • Year Built: 1938
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 2
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 1671.01

Exterior Features

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

Garage/Parking

  • Parking Garage: Driveway, Garage - 2 Car
  • Total Parking: 4

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 24256
  • Assessed Land Value: 77906
  • Assessor Parcel Number: 4237-007-021
  • Geocode Override: No
  • Lot Size Area: 5001

Multi Family

  • Unit Type: 2106
  • Number Of Units: 2
  • Type Of Units: duplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2019
Sold by
Peed John
Bought by
Victoria Creative Space Llc
Current Estimated Value
$2,162,599

Purchase Details

Listed on
May 5, 2016
Closed on
Jun 22, 2016
Sold by
Sarn Audrey Pearmain
Bought by
Peed John
Seller's Agent
Diana Tangalakis
Cavanaugh Realtors
Buyer's Agent
Daniel Pickart
Newmark Estates
List Price
$1,925,000
Sold Price
$1,950,000
Premium/Discount to List
$25,000
1.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.07%
Original Mortgage
$1,462,500
Interest Rate
3.58%
Mortgage Type
Commercial

Purchase Details

Listed on
May 5, 2016
Closed on
May 25, 2016
Sold by
Myers Nancy and The Helen Dyess Living Trust
Bought by
Peed John
Seller's Agent
Diana Tangalakis
Cavanaugh Realtors
Buyer's Agent
Daniel Pickart
Newmark Estates
List Price
$1,925,000
Sold Price
$1,950,000
Premium/Discount to List
$25,000
1.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,462,500
Interest Rate
3.58%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 27, 2006
Sold by
Dyess Helen
Bought by
The Helen Dyess Living Trust
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
Victoria Creative Space Llc -- None Available
Peed John -- North American Title
Peed John $1,950,000 North American Title
The Helen Dyess Living Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peed John $1,462,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2016 07/01/16 Sold $1,950,000 +1.3% $1,693 / Sq Ft
05/17/2016 05/17/16 Pending -- -- --
05/05/2016 05/05/16 For Sale $1,925,000 -- $1,671 / 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 $26,859 $2,263,136 $2,205,110 $58,026
2024 $26,859 $2,218,762 $2,161,873 $56,889
2023 $26,334 $2,175,258 $2,119,484 $55,774
2022 $25,099 $2,132,607 $2,077,926 $54,681
2021 $24,803 $2,090,792 $2,037,183 $53,609
2019 $24,054 $2,028,780 $1,976,760 $52,020
2018 $23,938 $1,989,000 $1,938,000 $51,000
2016 $1,284 $103,719 $79,094 $24,625
2015 $1,266 $102,162 $77,906 $24,256
2014 $1,284 $100,161 $76,380 $23,781
Source: Public Records

Agents Affiliated with this Home

  • Diana Tangalakis

    Seller's Agent in 2016

    Diana Tangalakis

    Cavanaugh Realtors

    (310) 837-7161

    8 Total Sales

    Diana Tangalakis
    Section Image
  • Daniel Pickart

    Buyer's Agent in 2016

    Daniel Pickart

    Newmark Estates

    (310) 407-6515

    1 in this area

    8 Total Sales

    Daniel Pickart
    Section Image
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Map

Source: The MLS

MLS Number: 16-121618

The MLS

APN: 4237-007-021

California Los Angeles County Venice 90291 Venice

526 Victoria Ave, Venice, CA

Not Listed for Sale

MultiFamily

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