NOT LISTED FOR SALE

Estimated Value: $1,644,000 - $2,162,000

4 Beds
2 Baths
1,410 Sq Ft
$1,402/Sq Ft Est. Value

Last Sold April 05, 2018

Last sale price $1,525,000 $1,082 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $11,989/month

372 Days on Market

Highlights

  • Property is near public transit
  • Broadway Elementary Rated A
  • Private Yard

About This Home

As of April 2018

Great VENICE BEACH DUPLEX !!!!!!!!!!!!!!!!!!!!!!!!!!!!!! 2 unit property front House has 3 bed room one bath rear unit has been totally upgraded Bathroom, Kitchen ,flooring and many more upgrades with multiple opportunities. With LAC2 Zoning this property has many choices for Residential, Retail, or Commercial and would be a great choice for a developer to get into the hot Venice Market . Walking distance to the World Famous Venice beach and the Many fine shops and restaurants nearby.

Last Agent to Sell the Property

Noe Blanco

RE/MAX Alliance Group License #01787137 Listed on: 03/22/2017

RE/MAX Alliance Group

Last Buyer's Agent

Bree Hughes

Compass License #01440050

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 4,802 Sq Ft Lot
  • No Common Walls
  • Private Yard

Home Design

  • 1,410 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Location

  • Property is near public transit

Listing and Financial Details

  • Tax Lot 27
  • Tax Tract Number 1694
  • Assessor Parcel Number 4240016055

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Attached: No
  • Zoning: LAC2
  • Property Type: Residential Income
  • Parcel Number: 4240016055
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 1081.56

Exterior Features

  • Pool Private: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit, Yard
  • Lot Size Sq Ft: 4802.00

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2732.00
  • Tax Lot: 27
  • Tax Tract Number: 1694

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2017
Sold by
Vazquez Abraham and Vazquez Guadalupe
Bought by
Brick And Mortar Llc
Current Estimated Value
$1,976,625
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

Date Buyer Sale Price Title Company
Brick And Mortar Llc $1,525,000 Old Republic Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2018 04/05/18 Sold $1,525,000 -15.2% $1,082 / Sq Ft
03/29/2018 03/29/18 Pending -- -- --
03/22/2017 03/22/17 For Sale $1,799,000 -- $1,276 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $20,695 $1,735,185 $1,649,850 $85,335
2024 $20,695 $1,701,162 $1,617,500 $83,662
2023 $20,293 $1,667,807 $1,585,785 $82,022
2022 $19,346 $1,635,106 $1,554,692 $80,414
2021 $19,114 $1,603,046 $1,524,208 $78,838
2020 $19,315 $1,586,930 $1,508,580 $78,350
2019 $18,539 $1,555,820 $1,479,000 $76,820
2018 $1,086 $73,790 $54,030 $19,760
2016 $1,028 $70,619 $51,933 $18,686
2015 $1,016 $69,559 $51,153 $18,406
2014 $1,035 $68,197 $50,151 $18,046
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IN17058595

California Regional Multiple Listing Service (CRMLS)

APN: 4240-016-055