Seller's Agent in 2020
Norb Kohler
Zutila, Inc
(714) 600-4061
1 in this area
47 Total Sales
740 Flower Ave Venice, CA 90291
Venice NeighborhoodEstimated Value: $1,737,558 - $2,306,000
5
Beds
3
Baths
2,367
Sq Ft
$864/Sq Ft
Est. Value
Highlights
- No HOA
- Laundry Room
- Wall Furnace
- Broadway Elementary Rated A-
About This Home
As of October 2020PRICE REDUCTION... Conveniently located near Rose Ave and Abbot Kinney, where tenants are a short walk or bike ride away from popular shops, restaurants and galleries, this sweet ONE STORY owner/user TriPlex exhibits pride of ownership for over 30 years. The 2367 sq. ft of living space on a 6,000 sq. ft. lot, features (2) two-bedroom, one-bathroom, and (1) one-bedroom, one-bathroom units - all units include a washer & dryer. Upgrades over the years are overshadowed only by the meticulous care for the unseen items that make this a great investment opportunity. Upgraded copper plumbing, tankless water heater in two units, conventional water heater in other unit. Upgraded plumbing throughout, as well as upgraded sewer line. Roof was completely stripped and redone in 2000 and exhibits many additional years of maintenance free life. PLUS a 3 car garage with private access via the alley that can garner additional income. Opportunity knocks hard here, as two of the three units will be delivered clear of tenants at the close of escrow.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $19,866
Year Built
- Built in 1951
Lot Details
- 5,795 Sq Ft Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
Parking
- 3 Car Garage
Home Design
- 2,367 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Location
- Suburban Location
Utilities
- Wall Furnace
- Private Water Source
Listing and Financial Details
- Tenant pays for electricity, gas, insurance, trash collection
- Legal Lot and Block 11 / B
- Tax Tract Number 4372
- Assessor Parcel Number 4240017050
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- 1 Leased Unit
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 7, 2020
Closed on
Sep 30, 2020
Sold by
Cabrera Peter Isaac and Cabrera Lauren Ilona
Bought by
Klein-Cabrera Family Revocable Trust
Seller's Agent
Norb Kohler
Zutila, Inc
Buyer's Agent
Brett Kleinman
JohnHart Real Estate
List Price
$1,699,000
Sold Price
$1,525,000
Premium/Discount to List
-$174,000
-10.24%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$519,890
Avg. Annual Appreciation
6.28%
Original Mortgage
$1,220,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 7, 2020
Closed on
Sep 4, 2020
Sold by
Stople Victor Wray
Bought by
Cabrera Peter Isaac and Klein Lauren Ilona
Seller's Agent
Norb Kohler
Zutila, Inc
Buyer's Agent
Brett Kleinman
JohnHart Real Estate
List Price
$1,699,000
Sold Price
$1,525,000
Premium/Discount to List
-$174,000
-10.24%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,220,000
Interest Rate
2.8%
Mortgage Type
New Conventional
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Klein-Cabrera Family Revocable Trust | -- | -- | |
| Cabrera Peter Isaac | $1,525,000 | Wfg National Title Co Of Ca |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Cabrera Peter Isaac | $1,220,000 | |
| Previous Owner | Cabrera Peter Isaac | $1,220,000 | |
| Previous Owner | Cabrera Peter Isaac | $1,220,000 | |
| Previous Owner | Stolpe Victor Wray | $383,000 | |
| Previous Owner | Stolpe Victor Wray | $250,000 | |
| Previous Owner | Stolpe Victor Wray | $188,000 | |
| Previous Owner | Stolpe Victor Wray | $195,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/30/2020 10/30/20 | Sold | $1,525,000 | -10.2% | $644 / Sq Ft |
| 10/20/2020 10/20/20 | For Sale | $1,699,000 | 0.0% | $718 / Sq Ft |
| 10/12/2020 10/12/20 | For Sale | $1,699,000 | 0.0% | $718 / Sq Ft |
| 09/01/2020 09/01/20 | Pending | -- | -- | -- |
| 08/25/2020 08/25/20 | Price Changed | $1,699,000 | +0.5% | $718 / Sq Ft |
| 08/24/2020 08/24/20 | Price Changed | $1,690,000 | -2.0% | $714 / Sq Ft |
| 08/06/2020 08/06/20 | Price Changed | $1,725,000 | -1.4% | $729 / Sq Ft |
| 07/28/2020 07/28/20 | Price Changed | $1,749,000 | -1.1% | $739 / Sq Ft |
| 07/21/2020 07/21/20 | Price Changed | $1,769,000 | -1.7% | $747 / Sq Ft |
| 07/08/2020 07/08/20 | Price Changed | $1,799,000 | -1.4% | $760 / Sq Ft |
| 07/02/2020 07/02/20 | Price Changed | $1,825,000 | -3.4% | $771 / Sq Ft |
| 06/07/2020 06/07/20 | For Sale | $1,890,000 | -- | $798 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $19,866 | $1,650,707 | $1,407,161 | $243,546 |
| 2024 | $19,866 | $1,618,341 | $1,379,570 | $238,771 |
| 2023 | $19,484 | $1,586,610 | $1,352,520 | $234,090 |
| 2022 | $18,582 | $1,555,500 | $1,326,000 | $229,500 |
| 2021 | $18,354 | $1,525,000 | $1,300,000 | $225,000 |
| 2019 | $4,950 | $385,022 | $104,997 | $280,025 |
| 2018 | $4,825 | $377,474 | $102,939 | $274,535 |
| 2016 | $4,599 | $362,818 | $98,943 | $263,875 |
| 2015 | $4,535 | $357,369 | $97,457 | $259,912 |
| 2014 | $4,570 | $350,369 | $95,548 | $254,821 |
Source: Public Records
Agents Affiliated with this Home
-
Norb Kohler
-
Brett Kleinman
Buyer's Agent in 2020
Brett Kleinman
JohnHart Real Estate
(818) 744-4434
1 in this area
16 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC20109136
APN: 4240-017-050
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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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