NOT LISTED FOR SALE

Estimated Value: $2,246,000 - $2,678,000

4 Beds
5 Baths
3,550 Sq Ft
$681/Sq Ft Est. Value

Sale Details

Date Sold: February 23, 2021

Last sale price $2,100,000 $592 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $15,485 / mo

51 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Air Conditioning
  • Broadway Elementary Rated A
  • Intercom
  • 4-minute walk to Oakwood Park

About This Home

As of February 2021

Charming 1920's Spanish home with 2 Detached tri-level contemporary townhouses located in the rear of the property. Gated multi-unit compound with parking for 6 cars. Both townhouses are 1 Bd and a loft built in 1990-no rent control. Large spacious units w/New kitchens, granite counters and new appliances, New hardwood floors, high ceilings in the living room with large fireplace with French doors leading to two balconies. Great live/ work space with excellent light throughout. Loft area with 1/2 bath. Front house is tenant occupied and has original cove ceilings, breakfast nook and 1920's charm and detail. Located close to trendy Abbott Kinney and Rose ave and walking distance to Whole foods. Best Value multi unit in Venice at $609 sq ft. Cap rate 4.4 and projected cap of 5.75.

Last Agent to Sell the Property

James Allan

Compass License #01180635 Listed on: 12/01/2020

Compass

Last Buyer's Agent

Jagger Kroener

The Agency License #01984562

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926 | Remodeled

Lot Details

  • 5,280 Sq Ft Lot

Home Design

  • Contemporary Architecture
  • Fixer Upper
  • Asphalt Roof

Interior Spaces

  • 3,550 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Intercom

Kitchen

  • Gas and Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry in Garage
  • Gas And Electric Dryer Hookup

Parking

  • 6 Parking Spaces
  • Attached Carport

Utilities

  • Air Conditioning
  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Heating System Mounted To A Wall or Window
  • Sewer in Street

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • Assessor Parcel Number 4239-008-022

Property Details

Home Type

Multi-Family

Year Built

Built in 1926 | Remodeled

Lot Details

5,280 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 3550
  • Property Condition: Fixer, Updated/Remodeled
  • Stories: 1
  • Year Built: 1926
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood
  • Appliances: Gas/Electric Range
  • Bedrooms: 4
  • Laundry: Garage
  • Total Bathrooms: 5.00
  • Equipment: Dishwasher, Electric Dryer Hookup, Gas Or Electric Dryer Hookup, Hood Fan, Intercom
  • Price Per S Q F T: 605.35

Exterior Features

  • Other Structures: None
  • Roof: Asphalt

Garage/Parking

  • Other Spaces: 3
  • Covered Parking: 3
  • Parking Garage: Carport Attached
  • Total Parking: 6

Utilities

  • Cooling: Air Conditioning, Wall/Window
  • Heating: Baseboard, Wall Gas
  • Sewer: In Street

Lot Info

  • Assessed Improvement Value: 50089
  • Assessed Land Value: 229015
  • Assessor Parcel Number: 4239-008-022
  • Lot Size Area: 5280

Rental Info

  • Total Actual Rent: 135000.00
  • Tenant Pays: Gas, Electricity, Cable TV

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 16.26
  • Number Of Units: 3
  • Type Of Units: Townhouses

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2020
Closed on
Feb 9, 2021
Sold by
Bought by
Seller's Agent
James Allan
Compass
Buyer's Agent
Jagger Kroener
The Agency
List Price
$2,149,000
Sold Price
$2,100,000
Premium/Discount to List
-$49,000
-2.28%
Current Estimated Value
$2,419,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$319,092
Avg. Annual Appreciation
2.66%
Original Mortgage
$1,050,000
Interest Rate
0.0462%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 1995
Sold by
Bought by

Purchase Details

Closed on
Jan 17, 1995
Sold by
Bought by
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

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 Buyer Sale Price Title Company
$2,100,000 Equity Title
$195,000 Continental Land Title
$397,228 Continental Lawyers Title Co
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $1,050,000
Source: Public Records

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
02/23/2021 02/23/21 Sold $2,100,000 -2.3% $592 / Sq Ft
01/21/2021 01/21/21 Pending -- -- --
12/01/2020 12/01/20 For Sale $2,149,000 -- $605 / 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 $27,652 $2,273,106 $1,591,174 $681,932
2024 $27,300 $2,228,536 $1,559,975 $668,561
2023 $26,769 $2,184,840 $1,529,388 $655,452
2022 $25,517 $2,142,000 $1,499,400 $642,600
2021 $4,034 $299,251 $245,548 $53,703
2020 $4,065 $296,184 $243,031 $53,153
2019 $3,918 $290,377 $238,266 $52,111
2018 $3,843 $284,685 $233,595 $51,090
2016 $3,579 $273,632 $224,525 $49,107
2015 $3,531 $269,523 $221,153 $48,370
2014 $3,563 $264,244 $216,821 $47,423
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-665570

The MLS

APN: 4239-008-022

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