NOT LISTED FOR SALE

544 Sunset Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $2,118,000 - $4,288,000

5 Beds
1 Bath
1,292 Sq Ft
$2,168/Sq Ft Est. Value

Last Sold July 17, 2015

Last sale price $1,315,000 $1,018 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $16,172/month

86 Days on Market

About This Home

As of July 2015

Venice Duplex in a highly desirable area located just blocks from Venice Beach, Abbot Kinney Blvd, and Rose Avenue. Take advantage of this excellent Venice location! Front Unit features 4 Bedrooms and 1.75 Bath. Back Unit features 1 Bedroom and 1 Bath. Property needs TLC. Please see private remarks.

Last Agent to Sell the Property

Juanita Urzua

Century 21 Jervis & Associates License #01322219 Listed on: 05/31/2015

Century 21 Jervis & Associates

Last Buyer's Agent

George Kpachavi

LPT Realty, Inc License #01839703

LPT Realty, Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1907

Lot Details

  • 4,800 Sq Ft Lot
  • No Common Walls
  • Back Yard

Parking

  • 4 Parking Spaces

Home Design

  • 1,292 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 1 Bathroom

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 22
  • Tax Tract Number 2733
  • Assessor Parcel Number 4240014023

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 4240014023
  • Year Built: 1907
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 1017.80

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Sewer: Unknown

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: Back Yard
  • Lot Size Sq Ft: 4800.00
  • Price Per Lot Square Foot: 273.96
  • Lot Size Acres: 0.1100

Multi Family

  • Lot Size Area: 4800.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 22
  • Tax Tract Number: 2733.
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2015
Closed on
Jul 9, 2015
Sold by
Rodriguez Zenaido M
Bought by
Series Thomas Dominique
Seller's Agent
Juanita Urzua
Century 21 Jervis & Associates
Buyer's Agent
George Kpachavi
LPT Realty, Inc
List Price
$1,400,000
Sold Price
$1,315,000
Premium/Discount to List
-$85,000
-6.07%
Current Estimated Value
$2,801,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,486,410
Avg. Annual Appreciation
7.48%
Original Mortgage
$980,000
Outstanding Balance
$763,879
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,037,531

Purchase Details

Closed on
May 27, 2014
Sold by
Rodriguez Zenaido M
Bought by
Rodriguez Zenaido M and Rodriguez Evangelina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.27%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 15, 2005
Sold by
Rodriguez Zenaido M
Bought by
Rodriguez Zenaido M and Rodriguez Evangelina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2004
Sold by
Rodriguez Evangelina V
Bought by
Rodriguez Zenaido

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2001
Sold by
Orozco Sophia A
Bought by
Rodriguez Jose and Rodriguez Miriam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,481
Interest Rate
6.57%
Mortgage Type
FHA

Purchase Details

Closed on
May 17, 1999
Sold by
Rodriguez Ramiro R
Bought by
Rodriguez Sophia A
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
Series Thomas Dominique $1,315,000 Pacific Coast Title Company
Rodriguez Zenaido M -- None Available
Rodriguez Zenaido M -- --
Rodriguez Zenaido -- New Century Title Glendale
Rodriguez Jose $163,000 Old Republic Title
Rodriguez Sophia A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Series Thomas Dominique $980,000
Previous Owner Rodriguez Zenaido M $150,000
Previous Owner Rodriguez Zenaido $75,000
Previous Owner Rodriguez Jose $160,481
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2015 07/17/15 Sold $1,315,000 -6.1% $1,018 / Sq Ft
06/17/2015 06/17/15 Pending -- -- --
03/23/2015 03/23/15 For Sale $1,400,000 -- $1,084 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $18,454 $1,556,687 $1,319,931 $236,756
2024 $18,454 $1,526,164 $1,294,050 $232,114
2023 $18,094 $1,496,240 $1,268,677 $227,563
2022 $17,248 $1,466,902 $1,243,801 $223,101
2021 $17,042 $1,438,140 $1,219,413 $218,727
2019 $16,527 $1,395,487 $1,183,246 $212,241
2018 $16,437 $1,368,126 $1,160,046 $208,080
2017 $16,199 $1,341,300 $1,137,300 $204,000
2016 $15,851 $1,315,000 $1,115,000 $200,000
2015 $5,721 $465,037 $322,787 $142,250
2014 $540 $35,241 $20,561 $14,680
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Juanita Urzua

    Century 21 Jervis & Associates

    (562) 862-2226

    5 Total Sales

    Juanita Urzua
    Section Image
  • George Kpachavi

    Buyer's Agent in 2015

    George Kpachavi

    LPT Realty, Inc

    (310) 525-0528

    342 Total Sales

    George Kpachavi
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW15062812

California Regional Multiple Listing Service (CRMLS)

APN: 4240-014-023

California Los Angeles County Venice 90291 Venice

544 Sunset Ave, Venice, CA

Not Listed for Sale

MultiFamily

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