NOT LISTED FOR SALE

705 Brooks Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $2,743,000 - $3,179,000

8 Beds
6 Baths
2,958 Sq Ft
$992/Sq Ft Est. Value

Sale Details

Date Sold: December 4, 2018

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

Est. 15% increase in value since last sale

Current estimated payment $18,430 / mo

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

5,004 Sq Ft Lot

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

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
Nov 1, 2018
Closed on
Nov 13, 2018
Sold by
Bought by
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
$2,935,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$386,165
Avg. Annual Appreciation
1.90%
Original Mortgage
$2,039,200
Outstanding Balance
$1,829,878
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,105,287

Purchase Details

Closed on
Nov 8, 1994
Sold by
Bought by

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
Bought by

Purchase Details

Closed on
Oct 6, 1993
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
$2,549,000 Equity Title
$183,000 Fidelity National Title Ins
-- Fidelity National Title
-- Fidelity National Title
$10,000 Investors Title Company
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 $2,039,200
Previous Owner $137,200
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
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

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 $34,241 $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

    4 in this area

    26 Total Sales

    James Allan
    Section Image
  • Julie Kirschbaum

    Buyer's Agent in 2018

    Julie Kirschbaum

    Engel & Volkers Santa Monica

    (310) 460-2525

    7 in this area

    21 Total Sales

    Julie Kirschbaum
    Section Image
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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

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The MLS © 2026 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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