NOT LISTED FOR SALE

Estimated Value: $2,174,000 - $2,984,000

6 Beds
3 Baths
2,122 Sq Ft
$1,176/Sq Ft Est. Value

Last Sold November 10, 2021

Last sale price $1,650,000 $778 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $14,989/month

79 Days on Market

About This Home

As of November 2021

2-Units Venice Beach Probate....Do not miss this unique opportunity to own this great investment property located 1.1 Miles away from Venice Beach! This is a duplex with 3 Car Garage. Down stairs is a 4 bedroom 2 bath. Upstairs unit is 2 bedroom 1 bath.

This property will not last.... Thank you and good luck!

Last Agent to Sell the Property

Steven Padilla

Century 21 A Better Service License #00957274 Listed on: 07/06/2021

Century 21 A Better Service

Last Buyer's Agent

Laura Mendrin

Beachview, Inc. License #01997962

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,883

Year Built

  • Built in 1963

Lot Details

  • 5,299 Sq Ft Lot
  • 1 Common Wall
  • Back and Front Yard

Parking

  • 3 Car Garage

Home Design

  • 2,122 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 54 / 6
  • Assessor Parcel Number 4241016026

Community Details

Overview

  • 2 Units

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,883

Year Built

Built in 1963

Lot Details

0

Parking

3

Listing Details

  • Price Per Unit: 845000
  • Property Attached: Yes
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 4241016026
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 777.57

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 5299.00
  • Lot Size Acres: 0.1216

Multi Family

  • Lot Size Area: 5299.0000 Square Feet
  • 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 Block: 6
  • Tax Census Tract: 2736.00
  • Tax Lot: 54
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2021
Closed on
Sep 29, 2021
Sold by
Mcconnell Teresa and Estate Of Eulodia Barrozo
Bought by
Bowser Peri F
Seller's Agent
Steven Padilla
Century 21 A Better Service
Buyer's Agent
Laura Mendrin
Beachview, Inc.
List Price
$1,200,000
Sold Price
$1,650,000
Premium/Discount to List
$450,000
37.5%
Current Estimated Value
$2,496,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$846,408
Avg. Annual Appreciation
11.11%
Original Mortgage
$0
Interest Rate
3.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 26, 1999
Sold by
Huizar Ruben R
Bought by
Barrozo Eulodia
Source: Public Records

Range of Values:

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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
Bowser Peri F $1,650,000 Fidelity National Title
Barrozo Eulodia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Bowser Peri F $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2021 11/10/21 Sold $1,650,000 -2.4% $778 / Sq Ft
09/23/2021 09/23/21 Pending -- -- --
08/11/2021 08/11/21 Price Changed $1,690,000 +40.8% $796 / Sq Ft
07/06/2021 07/06/21 For Sale $1,200,000 -- $566 / 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 $20,883 $1,750,992 $1,273,449 $477,543
2024 $20,883 $1,716,660 $1,248,480 $468,180
2023 $20,478 $1,683,000 $1,224,000 $459,000
2022 $19,522 $1,650,000 $1,200,000 $450,000
2021 $1,046 $72,866 $40,738 $32,128
2019 $1,017 $70,707 $39,531 $31,176
2018 $952 $69,321 $38,756 $30,565
2016 $886 $66,631 $37,252 $29,379
2015 $874 $65,631 $36,693 $28,938
2014 $892 $64,347 $35,975 $28,372
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21146555

California Regional Multiple Listing Service (CRMLS)

APN: 4241-016-026