NOT LISTED FOR SALE

617 6th Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $2,537,000 - $3,325,000

8 Beds
4 Baths
3,652 Sq Ft
$793/Sq Ft Est. Value

Last Sold February 07, 2019

Last sale price $2,400,000 $657 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $18,418/month

40 Days on Market

About This Home

As of February 2019

The interiors of all four units have been completely remodeled over the past few years and are really beautiful inside. New Kitchens, bathrooms, refinished hardwood floors, some updated plumbing, etc. Owner will be installing a new exterior front fence. This is two buildings that were originally two houses on a lot. In the 80's the houses were raised up and new units were built under each one of them, thereby making 4 units in total. Some units have private yard/patios. Good rents, but most are greatly under market. Large units (approximately 900 sq.ft. each)

Last Agent to Sell the Property

Don Glunts

D.G. Realty License #00431030 Listed on: 12/05/2018

Last Buyer's Agent

Jake Zacuto

Zacuto Group License #01377441

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $31,996

Year Built

  • Built in 1949

Lot Details

  • 5,670

Parking

  • 4 Parking Spaces

Interior Spaces

  • 3,652 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Additional Features

  • 5,670 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 4240-014-029

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$31,996

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Alley: Yes
  • Living Area: 3652
  • Stories: 2
  • Year Built: 1949
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Hardwood
  • Bedrooms: 8
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 698.25

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Parking Space
  • Total Parking: 4

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 320554
  • Assessed Land Value: 933711
  • Assessor Parcel Number: 4240-014-029
  • Geocode Override: No
  • Lot Size Area: 5670

Rental Info

  • Total Actual Rent: 134160.00
  • Land Lease Type: Fee

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 19.00
  • Number Of Units: 4
  • Total Annual Expense: 40248
  • Type Of Units: 2 bedrooms
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2018
Closed on
Apr 4, 2019
Sold by
Stacey Lynn Sobel Revocable Trust
Bought by
Sls Venice Holdings Llc
Seller's Agent
Don Glunts
D.G. Realty
Buyer's Agent
Jake Zacuto
Zacuto Group
List Price
$2,550,000
Sold Price
$2,400,000
Premium/Discount to List
-$150,000
-5.88%
Current Estimated Value
$2,896,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$496,446
Avg. Annual Appreciation
2.90%

Purchase Details

Listed on
Dec 5, 2018
Closed on
Feb 3, 2019
Sold by
617 6Th Avenue Llc
Bought by
Sobel Stacey Lynn and Stacey Lynn Sobel Revocable Tr
Seller's Agent
Don Glunts
D.G. Realty
Buyer's Agent
Jake Zacuto
Zacuto Group
List Price
$2,550,000
Sold Price
$2,400,000
Premium/Discount to List
-$150,000
-5.88%

Purchase Details

Closed on
Jul 26, 2012
Sold by
Bean Henry and Barish Leora
Bought by
617 6Th Avenue Llc

Purchase Details

Closed on
Oct 7, 2011
Sold by
617 6Th Avenue Llc
Bought by
Bean Henry and Barish Leora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2010
Sold by
Bean Henry and Barish Leora
Bought by
617 6Th Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$708,000
Interest Rate
4.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2010
Sold by
617 6Th Avenue Llc
Bought by
Bean Henry and Barish Leora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$708,000
Interest Rate
4.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2009
Sold by
Bean Henry and Barish Leora
Bought by
617 6Th Avenue Llc

Purchase Details

Closed on
May 6, 2008
Sold by
Morales Donato
Bought by
Bean Henry and Barish Leora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$770,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 21, 2002
Sold by
Maldonado Dina Angel
Bought by
Morales Donato

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,900
Interest Rate
5.97%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 28, 2001
Sold by
Morales Dina
Bought by
Morales Donato

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
7.75%

Purchase Details

Closed on
Jul 20, 1999
Sold by
Morales Donato
Bought by
Morales Donato

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,000
Interest Rate
5.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 17, 1997
Sold by
Mendez Roberto
Bought by
Morales Rocelia

Purchase Details

Closed on
Dec 18, 1995
Sold by
Mendez Roberto
Bought by
Morales Rocelia

Purchase Details

Closed on
Sep 29, 1995
Sold by
Home Svgs Of America Fsb
Bought by
Morales Donato and Morales Rocelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,850
Interest Rate
7.37%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 30, 1994
Sold by
Kaplan Leon S and Home Svgs Of America Fsb
Bought by
Home Svgs Of America Fsb
Source: Public Records

Range of Values:

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Average Value
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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
Sls Venice Holdings Llc -- None Available
Sobel Stacey Lynn $2,450,000 None Available
617 6Th Avenue Llc -- Accommodation
Bean Henry -- Lawyers Title Company
617 6Th Avenue Llc -- Accommodation
Bean Henry -- Lawyers Title Company
617 6Th Avenue Llc -- None Available
Bean Henry $1,100,000 Southland Title Company
Morales Donato -- Landsafe Title
Morales Donato -- Lawyers Title Company
Morales Donato -- Orange Coast Title
Morales Donato -- Orange Coast Title
Morales Rocelia -- Stewart Title
Morales Rocelia -- Investors Title
Morales Donato $200,000 Investors Title
Home Svgs Of America Fsb $225,000 Investors Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bean Henry $704,000
Previous Owner Bean Henry $700,000
Previous Owner Bean Henry $708,000
Previous Owner Bean Henry $770,000
Previous Owner Morales Donato $900,000
Previous Owner Morales Donato $735,000
Previous Owner Morales Donato $20,000
Previous Owner Morales Donato $490,000
Previous Owner Morales Donato $74,900
Previous Owner Morales Donato $20,000
Previous Owner Morales Donato $360,000
Previous Owner Morales Donato $273,000
Previous Owner Morales Donato $213,740
Previous Owner Morales Donato $212,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2019 02/07/19 Sold $2,400,000 -5.9% $657 / Sq Ft
12/05/2018 12/05/18 For Sale $2,550,000 -- $698 / 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 $31,996 $2,677,242 $1,673,277 $1,003,965
2024 $31,996 $2,624,748 $1,640,468 $984,280
2023 $31,374 $2,573,283 $1,608,302 $964,981
2022 $29,911 $2,522,827 $1,576,767 $946,060
2021 $29,544 $2,473,360 $1,545,850 $927,510
2020 $29,852 $2,448,000 $1,530,000 $918,000
2019 $15,796 $1,304,936 $971,432 $333,504
2018 $15,714 $1,279,350 $952,385 $326,965
2016 $15,014 $1,229,672 $915,403 $314,269
2015 $14,796 $1,211,202 $901,653 $309,549
2014 $14,861 $1,187,477 $883,991 $303,486
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    Don Glunts

    D.G. Realty

    (310) 413-6127

    1 in this area

    6 Total Sales

    Don Glunts
    Section Image
  • Jake Zacuto

    Buyer's Agent in 2019

    Jake Zacuto

    Zacuto Group

    (310) 469-9300

    3 in this area

    24 Total Sales

    Jake Zacuto
    Section Image
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Map

Source: The MLS

MLS Number: 18-413856

The MLS

APN: 4240-014-029

California Los Angeles County Venice 90291 Venice

617 6th Ave, Venice, CA

This home is located at 617 6th Ave, Venice, CA 90291 since 05 December 2018 and is currently estimated at $2,896,446, approximately $793 per square foot. This property was built in 1949. 617 6th Ave is a home located in Los Angeles County with nearby schools including Westminster Avenue Elementary School, Mark Twain Middle School, and Venice High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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