NOT LISTED FOR SALE

628 Sunset Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,462,000 - $1,832,542

2 Beds
1 Bath
1,237 Sq Ft
$1,300/Sq Ft Est. Value

Last Sold March 06, 2012

Last sale price $749,000 $605 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $9,341/month

83 Days on Market

Highlights

  • Cottage
  • Wood Siding
  • No Heating
  • Broadway Elementary Rated A

About This Home

As of March 2012

Great Location in Venice Beach. Charming two 2/BR-1BA homes on a lot west of Lincoln. Needs TLC. Vacant & Easy to show - Don't miss this one! Sold 'AS-IS'

Last Agent to Sell the Property

Russell Coats

Horizon Pacific Realty License #00544028 Listed on: 10/27/2011

Last Buyer's Agent

Stephan Klein

California Coastal Real Estate License #01846185

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1908

Lot Details

  • 4,802

Parking

  • 2 Parking Spaces

Home Design

  • 1,237 Sq Ft Home
  • Cottage
  • Wood Siding
  • Stucco

Additional Features

  • 4,802 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Legal Lot and Block 4 / 1
  • Assessor Parcel Number 4240013010

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $4,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Architectural Style: Cottage
  • Property Type: Residential Income
  • Parcel Number: 4240013010
  • Year Built: 1908
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 605.50

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: No
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 4802.00
  • Lot Size Acres: 0.1100

Multi Family

  • Gross Income: 4000.00
  • Lot Size Area: 4802.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2

Tax Info

  • Tax Area: 67
  • Tax Block: 1
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2015
Sold by
Chavez Jonathan H and Dalton Cheryl A
Bought by
Chavez Jonathan H and Dalton Cheryl A
Current Estimated Value
$1,607,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$690,000
Outstanding Balance
$543,050
Interest Rate
4.05%
Mortgage Type
New Conventional
Estimated Equity
$1,064,586

Purchase Details

Listed on
Oct 27, 2011
Closed on
Feb 7, 2012
Sold by
Jones Andrew K
Bought by
Chavez Jonathan and Dalton Cheryl
Seller's Agent
Russell Coats
Horizon Pacific Realty
Buyer's Agent
Stephan Klein
California Coastal Real Estate
List Price
$749,000
Sold Price
$749,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.67%
Original Mortgage
$599,200
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 1999
Sold by
Addison William and Addison Barbara M
Bought by
Jones Andrew K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,650
Interest Rate
10.25%

Purchase Details

Closed on
Jun 9, 1996
Sold by
Addison William R
Bought by
Addison William B and Addison Barbara M
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
Chavez Jonathan H -- Title 365
Chavez Jonathan $749,000 Lawyers Title
Jones Andrew K $307,500 Southland Title Corporation
Jones Andrew K -- Southland Title Corporation
Addison William B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chavez Jonathan H $690,000
Closed Chavez Jonathan $599,200
Previous Owner Jones Andrew K $291,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2012 03/06/12 Sold $749,000 0.0% $605 / Sq Ft
01/18/2012 01/18/12 Pending -- -- --
10/27/2011 10/27/11 For Sale $749,000 -- $605 / 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 $11,317 $940,774 $815,175 $125,599
2024 $11,317 $922,329 $799,192 $123,137
2023 $11,101 $904,245 $783,522 $120,723
2022 $10,587 $886,515 $768,159 $118,356
2021 $10,456 $869,134 $753,098 $116,036
2020 $10,564 $860,223 $745,376 $114,847
2019 $10,144 $843,357 $730,761 $112,596
2018 $10,083 $826,822 $716,433 $110,389
2017 $9,865 $810,611 $702,386 $108,225
2016 $9,647 $794,717 $688,614 $106,103
2015 $9,506 $782,781 $678,271 $104,510
2014 -- $767,448 $664,985 $102,463
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Russell Coats

    Horizon Pacific Realty

    Section Image

  • S

    Buyer's Agent in 2012

    Stephan Klein

    California Coastal Real Estate

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S678126

California Regional Multiple Listing Service (CRMLS)

APN: 4240-013-010

California Los Angeles County Venice 90291 Venice

628 Sunset Ave, Venice, CA

Not Listed for Sale

MultiFamily

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