NOT LISTED FOR SALE

645 Rose Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $2,099,000 - $2,732,000

6 Beds
4 Baths
2,624 Sq Ft
$900/Sq Ft Est. Value

Last Sold October 13, 2015

Last sale price $1,900,000 $724 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $14,837/month

23 Days on Market

About This Home

As of October 2015

645 Rose Avenue is on one of the most trendy streets in all of Los Angeles! Walk to Whole Foods, Cafe Gratitude and the beach! The apartment building features four units, plus two non-conforming units. The unit mix includes (2) two-bedroom, one-bath apartments, (2) non-conforming studios and (2) guest rooms / bachelors. Three units will be delivered vacant. Walk score is 84 and bike score is 88.

Last Agent to Sell the Property

Kenny Stevens

Compass License #01090251 Listed on: 08/31/2015

Compass

Last Buyer's Agent

Todd Stein

Campbell Wellman Properties License #01879814

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 3,480 Sq Ft Lot

Interior Spaces

  • 2,624 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 3 Parking Spaces
  • Assigned Parking

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 4240-002-005

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 2624
  • Stories: 2
  • Year Built: 1964
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 685.98

Exterior Features

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

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 3

Lot Info

  • Assessed Improvement Value: 400000
  • Assessed Land Value: 1000000
  • Assessor Parcel Number: 4240-002-005
  • Geocode Override: No
  • Lot Size Area: 3480

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 15.51
  • Number Of Units: 4
  • Type Of Units: Apartments

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2016
Sold by
Murphy Robert
Bought by
Kinfolk Dudley Rose Llc
Current Estimated Value
$2,404,466

Purchase Details

Listed on
Aug 31, 2015
Closed on
Sep 30, 2015
Sold by
Calabro Steven A
Bought by
Murphy Robert
Seller's Agent
Kenny Stevens
Compass
Buyer's Agent
Todd Stein
Campbell Wellman Properties
List Price
$1,800,000
Sold Price
$1,900,000
Premium/Discount to List
$100,000
5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.14%

Purchase Details

Closed on
Aug 6, 2013
Sold by
Simsara Property Group 2 Llc
Bought by
Calabro Steven A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 2013
Sold by
Calabro Steven A
Bought by
Simsara Property Group 2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 2013
Sold by
Calabro Steven
Bought by
Simsara Property Group 2 Llc

Purchase Details

Closed on
Mar 25, 2013
Sold by
Simsara Property Group 2 Llc
Bought by
Calabro Steve

Purchase Details

Closed on
Jan 30, 2007
Sold by
Novack Donald P and Novack Linda
Bought by
Calabro Steven A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.13%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 11, 2005
Sold by
Sperling Renee and Socher Karen S
Bought by
Novack Donald P and Novack Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$730,000
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage
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
Kinfolk Dudley Rose Llc -- Stewart Title Guaranty Co
Murphy Robert $1,900,000 Lawyers Title
Calabro Steven A -- Chicago Title
Simsara Property Group 2 Llc -- Chicago Title Company
Simsara Property Group 2 Llc -- None Available
Calabro Steve -- None Available
Calabro Steven A $1,440,000 Southland Title
78 Design Inc -- Southland Title
Novack Donald P $974,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Simsara Property Group 2 Llc $70,000
Previous Owner 78 Design Inc $80,000
Previous Owner Calabro Steven A $1,000,000
Previous Owner Novack Donald P $730,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2015 10/13/15 Sold $1,900,000 +5.6% $724 / Sq Ft
09/23/2015 09/23/15 Pending -- -- --
08/31/2015 08/31/15 For Sale $1,800,000 -- $686 / 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 $27,168 $2,249,208 $1,894,072 $355,136
2024 $27,168 $2,205,107 $1,856,934 $348,173
2023 $26,647 $2,161,871 $1,820,524 $341,347
2022 $25,418 $2,119,482 $1,784,828 $334,654
2021 $25,112 $2,077,925 $1,749,832 $328,093
2019 $24,366 $2,016,294 $1,697,932 $318,362
2018 $24,304 $1,976,760 $1,664,640 $312,120
2016 $23,221 $1,900,000 $1,600,000 $300,000
2015 $17,597 $1,427,972 $1,019,980 $407,992
2014 $17,668 $1,400,000 $1,000,000 $400,000
Source: Public Records

Agents Affiliated with this Home

  • Kenny Stevens

    Seller's Agent in 2015

    Kenny Stevens

    Compass

    (424) 284-4453

    2 in this area

    43 Total Sales

    Kenny Stevens
    Section Image
  • Todd Stein

    Buyer's Agent in 2015

    Todd Stein

    Campbell Wellman Properties

    (310) 437-5333

    11 in this area

    41 Total Sales

    Todd Stein
    Section Image
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Map

Source: The MLS

MLS Number: 15-937273

The MLS

APN: 4240-002-005

California Los Angeles County Venice 90291 Venice

645 Rose Ave, Venice, CA

Not Listed for Sale

MultiFamily

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