NOT LISTED FOR SALE

Estimated Value: $3,361,000 - $3,535,000

7 Beds
7 Baths
3,760 Sq Ft
$918/Sq Ft Est. Value

Last Sold December 17, 2024

Last sale price $3,500,000 $931 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $22,343/month

Highlights

  • City Lights View
  • Wood Flooring
  • Side by Side Parking
  • Broadway Elementary Rated A
  • Lawn
  • Air Conditioning

About This Home

As of December 2024

Located in the heart of Venice Beach, this 4-unit building presents one of the most unique offerings in all of the beach cities, featuring 4 detached Single Family Homes with private outdoor patios and rooftop decks. This premier location is just moments from the beach, Venice Boardwalk, Abbot Kinney, and Rose Avenue. The property features 3 detached Single Family Homes, each offering private ground floor patios, and individual oversized rooftop decks with stunning city & mountain views. Front unit with large turf yard is perfect for an investor/end-user looking to live on the property. The 4th unit presents a charming recently updated Venice bungalow with a private yard, separate entrance. Front 3 units have central AC and the back unit has split unit.

Last Agent to Sell the Property

Jagger Kroener

Compass License #01984562 Listed on: 12/17/2024

Compass

Last Buyer's Agent

Jagger Kroener

Compass License #01984562 Listed on: 12/17/2024

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1945 | Remodeled

Lot Details

  • 5,793 Sq Ft Lot
  • South Facing Home
  • Gated Home
  • Lawn
  • Front Yard
  • Property is zoned LARD1.5

Property Views

  • Skyline
  • Mountain

Home Design

  • Split Level Home

Interior Spaces

  • 3,760 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Flooring

Kitchen

  • Oven
  • Gas and Electric Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Side by Side Parking
  • Assigned Parking

Utilities

  • Air Conditioning
  • Cooling System Mounted In Outer Wall Opening
  • Central Heating

Community Details

  • 4 Units
  • Inquire For Property Management Details Association

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 4240-017-058

Home Details

Home Type

Single Family

Year Built

Built in 1945 | Remodeled

Lot Details

5,793 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Style: Architectural
  • Levels: Multi/Split, One
  • Street Number Display: Yes
  • Advertising Remarks: Located in the heart of Venice Beach, this 4-unit building presents one of the most unique offerings in all of the beach cities, featuring 4 detached Single Family Homes with private outdoor patios and rooftop decks. This premier location is just moments from the beach, Venice Boardwalk, Abbot Kinney, and Rose Avenue. The property features 3 detached Single Family Homes, each offering private ground floor patios, and individual oversized rooftop decks with stunning city & mountain views. Front unit with large turf yard is perfect for an investor/end-user looking to live on the property. The 4th unit presents a charming recently updated Venice bungalow with a private yard, separate entrance. Front 3 units have central AC and the back unit has split unit.
  • Alley: Yes
  • Living Area: 3760
  • Lot Acreage: 0.1330
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1945
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood
  • Appliances: Oven, Microwave, Gas/Electric Range
  • Bedrooms: 7
  • Common Walls: Detached/No Common Walls
  • Laundry: In Unit
  • Total Bathrooms: 7.00
  • Equipment: Garbage Disposal, Refrigerator, Ceiling Fan, Range/Oven, Freezer, Dishwasher, Microwave, Washer, Dryer
  • Price Per S Q F T: 930.85

Exterior Features

  • Direction Faces: South
  • Other Structures: None
  • Paved: Yes
  • View: City Lights, Mountains, City, Skyline
  • View: Yes

Garage/Parking

  • Other Spaces: 4
  • Garage Structures: 0
  • Parking Garage: Assigned, Side By Side, Uncovered
  • Total Parking: 4

Utilities

  • Cooling: Wall Unit(s), Air Conditioning
  • Heating: Central
  • Security: Gated
  • Water: Public
  • Water Heaters: Yes

Condo/Co-op/Association

  • Management Company: Inquire for Property Management Details

Lot Info

  • Assessed Improvement Percent: 39.56
  • Assessed Improvement Value: 1648907
  • Assessed Land Percent: 60.44
  • Assessed Land Value: 2518705
  • Total Assessed Value: 4167612
  • Assessor Parcel Number: 4240-017-058
  • Lot Description: Yard, Front Yard, Lawn
  • Lot Size Area: 5793

Rental Info

  • Owner Pays: Water
  • Rent Control: No

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 4
  • Type Of Units: 4 SFR's

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2024
Closed on
Nov 6, 2024
Sold by
Osha Bay Real Estate Llc
Bought by
Mtj-Sunset Llc
Seller's Agent
Jagger Kroener
Compass
Buyer's Agent
Jagger Kroener
Compass
List Price
$3,500,000
Sold Price
$3,500,000
Views
3
Current Estimated Value
$3,452,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$47,135
Avg. Annual Appreciation
-1.09%

Purchase Details

Listed on
Aug 5, 2019
Closed on
Aug 9, 2019
Sold by
Bianchi Mau Jess and Blanchi Mau Malia
Bought by
Osha Bay Real Estate Llc
Seller's Agent
Benjamin Stewart-Kruger
Carolwood Estates
Buyer's Agent
Benjamin Stewart-Kruger
Carolwood Estates
Sold Price
$6,200

Purchase Details

Closed on
Sep 21, 2017
Sold by
Figone John A and Bond James
Bought by
Bianchi Mau Jess and Bianchi Mau Malia

Purchase Details

Closed on
Aug 1, 2005
Sold by
Bond Hazel
Bought by
Figone John A and Bond James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
5.46%
Mortgage Type
Construction

Purchase Details

Closed on
May 1, 2005
Sold by
Figone John A and Bond James
Bought by
Figone John A and Bond James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
4.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 25, 2005
Sold by
Ginnever Jodi and Vernacchio Dorian
Bought by
Figone John A and Bond James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
4.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 2000
Sold by
Ginnever Jodi
Bought by
Ginnever Jodi and Vernacchio Dorian

Purchase Details

Closed on
Nov 11, 1999
Sold by
Gonzales Ray M
Bought by
Ginnever Jodi

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
7.95%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mtj-Sunset Llc $3,500,000 Fidelity National Title
Osha Bay Real Estate Llc -- None Available
Bianchi Mau Jess $3,725,000 None Available
Figone John A -- Ticor Title Co Glendale
Figone John A -- --
Figone John A $1,050,000 Southland Title Company
Ginnever Jodi -- --
Ginnever Jodi $370,000 American Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Figone John A $625,000
Previous Owner Figone John A $840,000
Previous Owner Ginnever Jodi $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2024 12/17/24 Sold $3,500,000 0.0% $931 / Sq Ft
12/17/2024 12/17/24 For Sale $3,500,000 0.0% $931 / Sq Ft
12/17/2021 12/17/21 Rented $5,600 -1.8% --
05/04/2021 05/04/21 Under Contract -- -- --
04/07/2021 04/07/21 Price Changed $5,700 -5.0% $5 / Sq Ft
03/08/2021 03/08/21 For Rent $6,000 -3.2% --
08/13/2019 08/13/19 Rented $6,200 0.0% --
08/05/2019 08/05/19 For Rent $6,200 -- --
Source: The MLS

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 $52,525 $3,500,000 $2,200,000 $1,300,000
2024 $52,525 $4,335,982 $2,620,460 $1,715,522
2023 $51,496 $4,250,964 $2,569,079 $1,681,885
2022 $49,081 $4,167,612 $2,518,705 $1,648,907
2021 $48,494 $4,085,895 $2,469,319 $1,616,576
2020 $46,983 $3,875,990 $2,314,890 $1,561,100
2019 $45,089 $3,800,000 $2,269,500 $1,530,500
2018 $44,971 $3,725,500 $2,225,000 $1,500,500
2017 $19,566 $1,604,989 $1,171,017 $433,972
2016 $19,117 $1,573,519 $1,148,056 $425,463
2015 $18,838 $1,549,885 $1,130,812 $419,073
2014 $18,914 $1,519,525 $1,108,661 $410,864
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-467459

The MLS

APN: 4240-017-058

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