NOT LISTED FOR SALE

705 Brooks Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $2,418,000 - $3,336,000

8 Beds
6 Baths
2,958 Sq Ft
$969/Sq Ft Est. Value

Last Sold December 04, 2018

Last sale price $2,549,000 $862 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $17,436/month

14 Days on Market

Highlights

  • Mountain View
  • Spanish Architecture
  • Breakfast Bar
  • Broadway Elementary Rated A
  • Loft
  • 4-minute walk to Oakwood Park

About This Home

As of December 2018

Remodeled Venice triplex in the heart of Venice in a gated charming compound perfect for owner user or investor. Charming 1920 remodeled 2 Bd 1 Ba house w/ new kitchen, granite counters and new appliances with private front yard. 2 New York style 2 bd 2 ba lofts with private decks. Unique spiral staircases lead to upper bedroom loft and views of the Santa Monica mountains. All units and front house are vacant making this a very unique property for either owner/user or as an income property with $190,000 year potential income. An additional 4th non-confirming 2 bd 1 ba unit with potential to convert to legal rental unit. Ample parking for 8 cars and located blocks from Trendy Rose Ave and Abbott Kinney plus walking distance to Whole Foods. Move in front house and have rear 3 units pay for the mortgage. Great Income building with a cap of 5.6 with 4th unit rented. Zoned RD 1.5

Last Agent to Sell the Property

James Allan

Compass License #01180635 Listed on: 11/01/2018

Compass

Last Buyer's Agent

Julie Kirschbaum

Engel & Völkers License #01897701

Engel & Völkers

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 5,004 Sq Ft Lot

Home Design

  • Spanish Architecture

Interior Spaces

  • 2,958 Sq Ft Home
  • 2-Story Property
  • Decorative Fireplace
  • Living Room
  • Loft
  • Mountain Views
  • Breakfast Bar

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 8 Parking Spaces
  • Attached Carport

Utilities

  • Central Heating
  • Floor Furnace
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 4239-007-033

Community Details

Overview

  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 2958
  • Stories: 2
  • Year Built: 1927
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Rooms: Decorative
  • Bedrooms: 8
  • Laundry: Community
  • Total Bathrooms: 6.00
  • Equipment: Dryer, Washer
  • Price Per S Q F T: 861.73

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Mountains
  • View: Yes

Garage/Parking

  • Parking Garage: Carport Attached
  • Total Parking: 8

Utilities

  • Heating: Central, Floor Furnace
  • Sewer: In Street

Lot Info

  • Assessed Improvement Value: 73800
  • Assessed Land Value: 191033
  • Assessor Parcel Number: 4239-007-033
  • Geocode Override: No
  • Lot Size Area: 5004

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 14.00
  • Number Of Units: 3
  • Type Of Units: Rental

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2018
Closed on
Nov 13, 2018
Sold by
Hyatt Tatiana F
Bought by
Rosenberg Joel
Seller's Agent
James Allan
Compass
Buyer's Agent
Julie Kirschbaum
Engel & Völkers
List Price
$2,549,000
Sold Price
$2,549,000
Current Estimated Value
$2,794,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,718
Avg. Annual Appreciation
1.67%
Original Mortgage
$2,039,200
Outstanding Balance
$1,829,878
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,037,536

Purchase Details

Closed on
Nov 8, 1994
Sold by
Emc Mtg Corp
Bought by
Hyatt Herbert W and Hyatt Tatiana F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,200
Interest Rate
9.28%

Purchase Details

Closed on
Feb 22, 1994
Sold by
California Loan Partners Lp
Bought by
Emc Mtg Corp

Purchase Details

Closed on
Oct 6, 1993
Sold by
Serrano Reconveyance Company
Bought by
Home Savings Of America Fsb
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Rosenberg Joel $2,549,000 Equity Title
Hyatt Herbert W $183,000 Fidelity National Title Ins
Emc Mtg Corp -- Fidelity National Title
California Loan Partners Lp -- Fidelity National Title
Home Savings Of America Fsb $10,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosenberg Joel $2,039,200
Previous Owner Hyatt Herbert W $137,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2018 12/04/18 Sold $2,549,000 0.0% $862 / Sq Ft
11/01/2018 11/01/18 For Sale $2,549,000 -- $862 / 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 $33,873 $2,843,453 $2,119,483 $723,970
2024 $33,873 $2,787,700 $2,077,925 $709,775
2023 $33,213 $2,733,040 $2,037,182 $695,858
2022 $31,660 $2,679,452 $1,997,238 $682,214
2021 $31,277 $2,626,915 $1,958,077 $668,838
2020 $31,605 $2,599,980 $1,938,000 $661,980
2019 $30,334 $2,549,000 $1,900,000 $649,000
2018 $3,564 $270,129 $194,853 $75,276
2016 $3,383 $259,641 $187,288 $72,353
2015 $3,337 $255,742 $184,475 $71,267
2014 $3,369 $250,733 $180,862 $69,871
Source: Public Records

Agents Affiliated with this Home

  • James Allan

    Seller's Agent in 2018

    James Allan

    Compass

    (310) 704-0007

    5 in this area

    28 Total Sales

    James Allan
    Section Image
  • Julie Kirschbaum

    Buyer's Agent in 2018

    Julie Kirschbaum

    Engel & Volkers Santa Monica

    (310) 460-2525

    9 in this area

    20 Total Sales

    Julie Kirschbaum
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 18-403570

The MLS

APN: 4239-007-033

California Los Angeles County Venice 90291 Venice

705 Brooks Ave, Venice, CA

Not Listed for Sale

MultiFamily

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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes