NOT LISTED FOR SALE

651 Angelus Place Venice, CA 90291

Venice Neighborhood

Estimated Value: $2,127,000 - $2,651,000

4 Beds
4 Baths
2,072 Sq Ft
$1,140/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $1,975,000 $953 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $14,661/month

165 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Laundry Facilities
  • Coeur D'Alene Avenue Elementary School Rated A-
  • 4 Car Garage

About This Home

As of October 2021

651 Angelus Place is a tastefully renovated 4 unit building located in the heart of world famous Venice, CA. The recently painted 1920's classic craftsman consists of four 1 bedroom/1 bath units, all of which are strongly positioned to attain market rents. In an area where parking is at a premium, residents of Angelus Pl enjoy two private 2 car garages, which could also be rented for additional future income or retained for the owner's use. There is on-site laundry with owned machines. All units share a private pet-friendly yard, while each upstairs unit features a private balcony. Featuring a stellar 87 walk score and 83 bike score, 651 Angelus Pl provides residents with many of the best things LA has to offer outside their front door. The property is a 7 minute bike ride to the beach, a 10 minute walk to the trendy Abbott Kinney Blvd shopping area, and central to daily errands, including Erewhon Market, the weekly Venice Farmers Market, and Costco. Tenants with young children can walk their kids to Coeur d'Alene Avenue Elementary in 3 minutes! 651 Angelus Pl is very convenient to Santa Monica, Marina Del Rey, and major transportation corridors such as Lincoln Blvd and the 90 freeway. Major employers like Google, LMU, and LAX are also nearby. 651 Angelus Pl is a cash flow positive portfolio trophy!

Last Agent to Sell the Property

Jordan Peikin

Jordan Peikin License #02015987 Listed on: 04/03/2021

Last Buyer's Agent

Dave Miller

Miller & Desatnik Realty Co. License #02105346

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,917

Year Built

  • Built in 1920 | Remodeled

Lot Details

  • 4,199 Sq Ft Lot
  • Lot Dimensions are 40x105

Parking

  • 4 Car Garage

Interior Spaces

  • 2,072 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

  • Heating System Mounted To A Wall or Window
  • Sewer in Street

Community Details

  • 4 Units
  • Laundry Facilities
  • Rent Control

Listing and Financial Details

  • The owner pays for water, gas, electricity, gardener
  • Assessor Parcel Number 4237-014-020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,917

Year Built

Built in 1920 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Alley: Yes
  • Living Area: 2072
  • Lot Acreage: 0.0964
  • Lot Dimensions: 40x105
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1920
  • Number Of Photos: 20
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 4
  • Laundry: Community
  • Laundry Equipment: Own
  • Total Bathrooms: 4.00
  • Equipment: Microwave, Refrigerator, Range/Oven, Garbage Disposal, Dryer, Washer
  • Price Per S Q F T: 964.77

Exterior Features

  • Other Features: Balcony
  • Other Structures: Other
  • Paved: Yes

Garage/Parking

  • Garage Spaces: 4
  • Covered Parking: 4
  • Parking Garage: Private Garage
  • Total Parking: 4

Utilities

  • Heating: Wall Gas
  • Sewer: In Street

Lot Info

  • Assessed Improvement Percent: 14.28
  • Assessed Improvement Value: 71665
  • Assessed Land Percent: 85.72
  • Assessed Land Value: 430036
  • Total Assessed Value: 501701
  • Assessor Parcel Number: 4237-014-020
  • Lot Size Area: 4199

Rental Info

  • Owner Pays: Water, Gas, Electricity, Gardener
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 15.38
  • Number Of Units: 4
  • Rent Control: 100
  • Total Annual Expense: 36702
  • Type Of Units: Apartments
  • Vacancy Allow Percent: 3.00
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2021
Closed on
Oct 8, 2021
Sold by
Kolodziejski Dan and Kolodziejski Sommer
Bought by
Niaki Neman and Showrai Atiyeh
Seller's Agent
Jordan Peikin
Jordan Peikin
Buyer's Agent
Dave Miller
Miller & Desatnik Realty Co.
List Price
$2,200,000
Sold Price
$1,975,000
Premium/Discount to List
-$225,000
-10.23%
Current Estimated Value
$2,362,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$387,009
Avg. Annual Appreciation
4.29%
Original Mortgage
$1,283,750
Outstanding Balance
$1,173,198
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,156,112

Purchase Details

Closed on
Feb 5, 2014
Sold by
Kolodziejski Arlene Sommer and Sommer Arlene
Bought by
Kolodziejski Dan and Kolodziejski Arlene Sommer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 1998
Sold by
Kolodziejski Dan
Bought by
Sommer Arlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
7%

Purchase Details

Closed on
Nov 16, 1998
Sold by
Glasser William L Trust
Bought by
Sommer Arlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
7%

Purchase Details

Closed on
Jul 15, 1995
Sold by
Glasser William Lawton and Bailey Lisa
Bought by
Glasser William L and Bailey Lisa R

Purchase Details

Closed on
Jan 24, 1995
Sold by
Bailey Stephen and Robinson Bruce
Bought by
Bailey Lisa and Robinson Carol
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
Niaki Neman $1,975,000 Provident Title Company
Kolodziejski Dan -- Lsi
Sommer Arlene -- Chicago Title Co
Sommer Arlene $350,000 --
Glasser William L -- --
Bailey Lisa -- --
Glasser William Lawton -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Niaki Neman $1,283,750
Previous Owner Kolodziejski Dan $650,000
Previous Owner Kolodziejski Dan $445,000
Previous Owner Sommer Arlene $500,000
Previous Owner Sommer Arlene $374,500
Previous Owner Sommer Arlene $280,000
Closed Sommer Arlene $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $1,975,000 -1.2% $953 / Sq Ft
09/15/2021 09/15/21 Pending -- -- --
07/09/2021 07/09/21 Price Changed $1,999,000 -9.1% $965 / Sq Ft
04/03/2021 04/03/21 For Sale $2,200,000 -- $1,062 / 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 $24,917 $2,095,885 $1,804,053 $291,832
2024 $24,917 $2,054,790 $1,768,680 $286,110
2023 $24,431 $2,014,500 $1,734,000 $280,500
2022 $23,287 $1,975,000 $1,700,000 $275,000
2021 $6,206 $506,898 $434,491 $72,407
2019 $6,022 $491,864 $421,604 $70,260
2018 $5,962 $482,221 $413,338 $68,883
2017 $5,835 $472,767 $405,234 $67,533
2016 $5,687 $463,498 $397,289 $66,209
2015 $5,605 $456,537 $391,322 $65,215
2014 $5,635 $447,595 $383,657 $63,938
Source: Public Records

Agents Affiliated with this Home

  • Jordan Peikin

    Seller's Agent in 2021

    Jordan Peikin

    Jordan Peikin

    (310) 467-5167

    2 in this area

    27 Total Sales

    Jordan Peikin
    Section Image
  • Dave Miller

    Buyer's Agent in 2021

    Dave Miller

    Miller & Desatnik Realty Co.

    (310) 939-9300

    3 in this area

    25 Total Sales

    Dave Miller
    Section Image
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Map

Source: The MLS

MLS Number: 21-713522

The MLS

APN: 4237-014-020

California Los Angeles County Venice 90291 Venice

651 Angelus Place, Venice, CA

This home is located at 651 Angelus Place, Venice, CA 90291 since 03 April 2021 and is currently estimated at $2,362,009, approximately $1,139 per square foot. This property was built in 1920. 651 Angelus Place is a home located in Los Angeles County with nearby schools including Coeur D'Alene Avenue Elementary School, Mark Twain Middle School, and Venice High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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