NOT LISTED FOR SALE

Estimated Value: $1,677,000 - $2,495,000

4 Beds
2 Baths
1,812 Sq Ft
$1,248/Sq Ft Est. Value

Last Sold August 30, 2013

Last sale price $1,345,000 $742 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $14,284/month

5 Days on Market

Highlights

  • Wood Flooring
  • Built-In Features
  • 4-minute walk to Oakwood Park
  • Broadway Elementary Rated A-
  • Central Heating

About This Home

As of August 2013

AMAZING OPPORTUNITY to own this fabulous duplex in a prime Venice location, seconds to Abbot Kinney, Rose & the beach! Property is zoned R1.5 on a 5,271 sq.ft lot has endless possibilities & opportunity. Upstairs owner's unit has been completely redone w/beautiful finishes; 2 bedrooms have been combined into an expansive master suite w/ endless storage & an open walk in closet. Stained hardwood floors throughout, new windows, 3 skylights & a peaceful balcony make this a charming high-end home w/ steady income potential. Open kitchen is complete w/ fabulous granite counters, stainless steel appliances & concrete flooring. This space is ideally designed for owner-occupancy. Separate 2+1 downstairs unit w/ all updated finishes. Hardwood flooring, new windows, large kitchen w/ stainless appliances, and ample storage throughout this sunny space. Each unit is private w/ a separate entrance & individual outdoor space that is beautifully landscaped/hardscaped. Once in a lifetime investment!

Last Agent to Sell the Property

Tamra Pardee

Pardee Properties License #01421451 Listed on: 06/26/2013

Last Buyer's Agent

Stuart Banerjee

D.G. Realty License #00893654

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,609

Year Built

  • Built in 1946

Lot Details

  • 5,280 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 1,812 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Alarm System

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces

Utilities

  • Central Heating
  • Sewer in Street

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas, move in fee, move out fee, water
  • Assessor Parcel Number 4239-008-019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,609

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1812
  • Stories: 2
  • Year Built: 1946
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood, Tile
  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Alarm System, Built-Ins, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 744.48

Exterior Features

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

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car
  • Total Parking: 2

Utilities

  • Electric Expense: 750.00
  • Heating: Central
  • Sewer: In Street

Fee Information

  • Gas Expense: 120.00
  • Insurance Expense: 1200.00

Lot Info

  • Assessed Improvement Value: 94700
  • Assessed Land Value: 805300
  • Assessor Parcel Number: 4239-008-019
  • Geocode Override: No
  • Lot Size Area: 5280

Rental Info

  • Tenant Pays: Electricity, Gas, Move In Fee, Move Out Fee, Water

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Rent Control: 100
  • Total Annual Expense: 0
  • Type Of Units: Duplex
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 16862.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2013
Closed on
Aug 13, 2013
Sold by
Weinstein William
Bought by
Fertel Owen and Fertel Randy
Seller's Agent
Tamra Pardee
Pardee Properties
Buyer's Agent
Stuart Banerjee
D.G. Realty
List Price
$1,349,000
Sold Price
$1,345,000
Premium/Discount to List
-$4,000
-0.3%
Current Estimated Value
$2,260,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$915,666
Avg. Annual Appreciation
4.48%
Original Mortgage
$941,500
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 28, 2005
Sold by
The Leona Preatto Trust
Bought by
Weinstein William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 7, 2004
Sold by
Preatto Leona
Bought by
Preatto Leona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,800
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2004
Sold by
Preatto Leona
Bought by
Preatto Leona and The Leona Preatto Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,800
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2003
Sold by
Preatto Leona
Bought by
Preatto Leona and The Leona Preatto Trust

Purchase Details

Closed on
Jun 13, 2001
Sold by
Preatto Leona
Bought by
Preatto Willie and Preatto Leona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
6.5%

Purchase Details

Closed on
Dec 7, 1998
Sold by
Zuniga Doris
Bought by
Preatto Leona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
2.9%

Purchase Details

Closed on
Oct 15, 1998
Sold by
Preatto Leona
Bought by
Preatto Leona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
2.9%

Purchase Details

Closed on
Jul 14, 1998
Sold by
Smash George A Trust
Bought by
Preatto Leona

Purchase Details

Closed on
May 8, 1995
Sold by
Smash George A
Bought by
Smash George A and The George A Smash Trust

Purchase Details

Closed on
Apr 28, 1995
Sold by
Smash George A
Bought by
Smash George A and The George A Smash Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Fertel Owen $1,345,000 Fidelity National Title Co
Weinstein William $950,000 United Title Company
Preatto Leona -- Diversified Title Company
Preatto Leona -- --
Preatto Leona -- --
Preatto Willie -- American Title Co
Preatto Leona -- --
Preatto Leona -- Lawyers Title Company
Preatto Leona -- --
Smash George A -- --
Smash George A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fertel Owen $1,610,000
Closed Fertel Owen $941,500
Previous Owner Weinstein William $760,000
Previous Owner Preatto Leona $396,800
Previous Owner Preatto Leona $341,000
Previous Owner Preatto Leona $375,000
Previous Owner Preatto Willie $235,000
Previous Owner Preatto Leona $37,647
Previous Owner Preatto Leona $130,000
Closed Weinstein William $142,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2013 08/30/13 Sold $1,345,000 -0.3% $742 / Sq Ft
07/01/2013 07/01/13 Pending -- -- --
06/26/2013 06/26/13 For Sale $1,349,000 -- $744 / 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 $23,609 $1,981,069 $1,403,610 $577,459
2024 $23,609 $1,942,226 $1,376,089 $566,137
2023 $23,150 $1,904,144 $1,349,107 $555,037
2022 $22,069 $1,866,808 $1,322,654 $544,154
2021 $21,803 $1,830,205 $1,296,720 $533,485
2019 $21,146 $1,775,921 $1,258,259 $517,662
2018 $20,027 $1,655,100 $1,233,588 $421,512
2016 $16,804 $1,392,793 $1,185,687 $207,106
2015 $16,557 $1,371,873 $1,167,877 $203,996
2014 $16,613 $1,345,000 $1,145,000 $200,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 13-683915

The MLS

APN: 4239-008-019