NOT LISTED FOR SALE
9 Beds
6 Baths
3,010 Sq Ft
5,180 Sq Ft Lot

Last Sold April 02, 2013

Last sale price $1,750,000 $581 Per Sq Ft

77 Days on Market

Highlights

  • Tandem Parking
  • Broadway Elementary Rated A-
  • 4-minute walk to Oakwood Park

About This Home

As of April 2013

Great income property in the heart of Venice/Silicon Beach. All units were renovated in 2006 and are very well maintained. The building is located six blocks to Abbot Kinney and close to the beach. Unique mix of one three bedroom, three two bedrooms and one guest. The property is gated front and back with a yard for the tenant's use. There is parking for six cars in back. There is additional upside potential to rents. Great cash flow and great tenants. There is rarely a vacancy. Laundry facility provides extra income yearly of approximately $1,800.00. Don't miss this one!!

Last Listed By

Linda Scheft

Coldwell Banker Realty License #01383000 Listed on: 11/28/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 5,180

Interior Spaces

  • 3,010 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Parking

  • 6 Parking Spaces
  • Tandem Parking
  • Uncovered Parking

Additional Features

  • 5,180 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 4239-019-014

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3010
  • Stories: 2
  • Year Built: 1959
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 9
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Garbage Disposal, Range/Oven, Refrigerator
  • Price Per S Q F T: 596.35

Exterior Features

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

Garage/Parking

  • Parking Garage: Tandem, Uncovered
  • Total Parking: 6

Utilities

  • Heating: Wall

Lot Info

  • Assessor Parcel Number: 4239-019-014
  • Lot Size Area: 5180

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 15.15
  • Number Of Units: 5
  • Total Annual Expense: 23025
  • Type Of Units: 5 plex
  • Vacancy Rate: 0

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2013 04/02/13 Sold $1,750,000 -2.5% $581 / Sq Ft
02/13/2013 02/13/13 Pending -- -- --
11/28/2012 11/28/12 For Sale $1,795,000 -- $596 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-638501

The MLS