NOT LISTED FOR SALE
6 Beds
6 Baths
6,339 Sq Ft
9,452 Sq Ft Lot

Sale Details

Date Sold: August 18, 2021

Last sale price $3,050,000 $481 Per Sq Ft

174 Days on Market

Highlights

  • 0.22 Acre Lot
  • Contemporary Architecture
  • Zoned Cooling
  • Broadway Elementary Rated A
  • Corner Lot
  • Laundry Facilities

About This Home

As of August 2021

A fantastic investment opportunity awaits in prime Venice with this 5-unit loft-style building on a corner lot in the heart of Silicon Beach, just a block south of the restaurants and shops of bustling Rose Ave. Designed by internationally recognized LA architect Ted Tanaka, each spacious apartment stuns with high ceilings, an open floor plan, and an abundance of natural light. The majority of the units have new HVAC mini-split systems, and some feature other modern upgrades such as newer kitchens, bathrooms, and flooring. Two units include private patios/garden space, three feature large skylights, and there's off-street parking allotted for 8-9 cars. The building is comprised of four 1-bed, 1 bath units plus one larger 2-bed, 2 bath two-story unit.

Last Agent to Sell the Property

Diana Braun

Compass License #01362342 Listed on: 01/06/2021

Compass

Last Buyer's Agent

Diana Braun

Compass License #01362342 Listed on: 01/06/2021

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 9,452 Sq Ft Lot
  • Gated Home
  • Corner Lot

Home Design

  • Contemporary Architecture

Interior Spaces

  • 6,339 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Parking

  • 8 Parking Spaces
  • Uncovered Parking

Utilities

  • Zoned Cooling

Community Details

  • 5 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 4240-012-001

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

9,452 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 6339
  • Lot Acreage: 0.2170
  • Stories: 2
  • Year Built: 1987
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Laundry: Community
  • Total Bathrooms: 6.00
  • Price Per S Q F T: 528.47

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No

Garage/Parking

  • Parking Garage: Uncovered
  • Total Parking: 8

Utilities

  • Cooling: Air Conditioning, Multi/Zone
  • Security: Gated

Lot Info

  • Assessed Improvement Percent: 52.66
  • Assessed Improvement Value: 705424
  • Assessed Land Percent: 47.34
  • Assessed Land Value: 634092
  • Total Assessed Value: 1339516
  • Assessor Parcel Number: 4240-012-001
  • Lot Location: Corner Lot
  • Lot Size Area: 9452

Rental Info

  • Rent Control: No

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 17.02
  • Number Of Units: 5
  • Type Of Units: Residential
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
08/18/2021 08/18/21 Sold $3,050,000 -9.0% $481 / Sq Ft
06/29/2021 06/29/21 Pending -- -- --
05/19/2021 05/19/21 Price Changed $3,350,000 -4.3% $528 / Sq Ft
04/19/2021 04/19/21 Price Changed $3,500,000 -7.8% $552 / Sq Ft
01/27/2021 01/27/21 Price Changed $3,795,000 -4.5% $599 / Sq Ft
01/06/2021 01/06/21 For Sale $3,975,000 -- $627 / 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 $39,791 $3,236,683 $1,942,010 $1,294,673
2024 $39,311 $3,173,220 $1,903,932 $1,269,288
2023 $38,559 $3,111,000 $1,866,600 $1,244,400
2022 $36,787 $3,050,000 $1,830,000 $1,220,000
2021 $18,067 $1,436,228 $679,873 $756,355
2020 $18,241 $1,422,552 $672,902 $749,650
2019 $17,547 $1,394,680 $659,708 $734,972
2018 $17,396 $1,367,355 $646,773 $720,582
2016 $16,566 $1,313,252 $621,659 $691,593
2015 $16,333 $1,293,527 $612,322 $681,205
2014 $16,410 $1,268,190 $600,328 $667,862
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-676408

The MLS
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