NOT LISTED FOR SALE

634 Westminster Ave Venice, CA 90291

Venice Neighborhood
10 Beds
6 Baths
3,216 Sq Ft
5,201 Sq Ft Lot

Sale Details

Date Sold: November 29, 2021

Last sale price $3,100,000 $964 Per Sq Ft

93 Days on Market

About This Home

As of November 2021

Huge $200,000 Price Reduction! Motivated Seller! 634 Westminster Ave presents a unique pride of ownership apartment building in an A+ location situated in the heart of the Oakwood residential neighborhood of Venice Beach, just steps from the famous Abbot Kinney Blvd. Built in 1960, this completely renovated mid-century, two-story apartment consists of five (5) total units with a great unit mix. The property features gated entry, private patios, 8 on-site parking spaces and in-unit washer/dryers in each unit. All the systems have been upgraded with new plumbing, electrical, roof, and the interior has been renovated with designer upgrades to the flooring, countertops, bathrooms, kitchen, and exterior. This amazing location is blocks away from Abbot Kinney Blvd, and less than 1 mile from Venice Beach Boardwalk, Santa Monica, and Rose Avenue Corridor; steps from all the great shops, restaurants, and nightlife in the area. An investor can capitalize on the highly desirable rental market for year to come due to low operating expenses and well positioned asset.

Last Agent to Sell the Property

Kyle Mirrafati

Matthews Real Estate Investment Services License #01911204 Listed on: 08/03/2021

Last Buyer's Agent

Steve Sawaii

Compass License #00607215

Compass
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 5,201 Sq Ft Lot

Interior Spaces

  • 3,216 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Tandem Parking
  • Driveway

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 4239-024-018

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

5,201 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3216
  • Lot Acreage: 0.1194
  • Probate: No
  • Stories: 2
  • Year Built: 1960
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 10
  • Common Walls: Attached
  • Laundry Equipment: Own
  • Total Bathrooms: 6.00
  • Equipment: Dryer, Washer, Refrigerator, Range/Oven, Dishwasher
  • Price Per S Q F T: 995.02

Exterior Features

  • Other Structures: None

Garage/Parking

  • Other Spaces: 8
  • Parking Garage: Tandem, Driveway
  • Total Parking: 8

Utilities

  • Cooling: Window Unit(s)
  • Heating: Wall Gas

Lot Info

  • Assessed Improvement Percent: 16.44
  • Assessed Improvement Value: 324729
  • Assessed Land Percent: 83.56
  • Assessed Land Value: 1650708
  • Total Assessed Value: 1975437
  • Assessor Parcel Number: 4239-024-018
  • Lot Size Area: 5201

Rental Info

  • Total Actual Rent: 191940.00

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 16.35
  • Number Of Units: 5
  • Type Of Units: Aparments

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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 Prior Sale
11/29/2021 11/29/21 Sold $3,100,000 0.0% $964 / Sq Ft
11/04/2021 11/04/21 Pending -- -- --
11/03/2021 11/03/21 Off Market $3,100,000 -- --
09/28/2021 09/28/21 Price Changed $3,200,000 -5.9% $995 / Sq Ft
08/03/2021 08/03/21 For Sale $3,400,000 +4.6% $1,057 / Sq Ft
02/17/2020 02/17/20 Sold $3,250,000 0.0% $875 / Sq Ft View Prior Sale
12/17/2019 12/17/19 Pending -- -- --
10/08/2019 10/08/19 Price Changed $3,250,000 -3.0% $875 / Sq Ft
09/24/2019 09/24/19 For Sale $3,350,000 0.0% $902 / Sq Ft
03/01/2017 03/01/17 Rented $4,500 +0.1% --
02/24/2017 02/24/17 For Rent $4,495 0.0% --
10/30/2015 10/30/15 Sold $1,825,000 -20.5% $567 / Sq Ft View Prior Sale
10/19/2015 10/19/15 Pending -- -- --
06/19/2015 06/19/15 For Sale $2,295,000 -- $714 / 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 $39,969 $3,289,744 $2,228,536 $1,061,208
2024 $39,559 $3,225,240 $2,184,840 $1,040,400
2023 $38,795 $3,162,000 $2,142,000 $1,020,000
2022 $36,998 $3,100,000 $2,100,000 $1,000,000
2021 $39,430 $3,283,669 $2,465,278 $818,391
2020 $24,555 $1,975,437 $1,650,708 $324,729
2019 $23,590 $1,936,704 $1,618,342 $318,362
2018 $23,473 $1,898,730 $1,586,610 $312,120
2016 $22,421 $1,825,000 $1,525,000 $300,000
2015 $5,723 $423,926 $260,878 $163,048
2014 $5,781 $415,623 $255,768 $159,855
Source: Public Records

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Map

Source: The MLS

MLS Number: 21-768164

The MLS
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