NOT LISTED FOR SALE

Estimated Value: $1,955,000 - $2,566,000

3 Beds
2 Baths
1,467 Sq Ft
$1,546/Sq Ft Est. Value

Last Sold March 30, 2018

Last sale price $2,001,000 $1,364 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $14,609/month

9 Days on Market

Highlights

  • Bungalow
  • Central Heating
  • 1-Story Property
  • Broadway Elementary Rated A-

About This Home

As of March 2018

Prime Venice DUPLEX - One unit delivered vacant! Back Unit: 2BD/1BA plus finished garage/office delivered vacant. (previously leased for $4995) Front Unit: 1BD/1BA leases for $3500 per month. Both units feature hardwood floors, beautifully updated kitchens w/dishwashers & vintage stoves, washer/dryers (in each unit) and bathrooms with colorful glass mosaic tiles. Detached finished garage/office at rear of property. Each unit's French doors open to private, beautifully landscaped garden with Ipe deck. Live in one unit & get income from 2nd. Wonderful palm tree lined street location. "Attached" duplex is also suitable for use as a single family home with minor adjustments to combining both units and create a 3BR + 2BA residence with finished garage/office. Perfectly located in one of the best residential areas of Venice, the Historic Venice Walk Streets, close to Abbot Kinney and the BEACH!

Last Agent to Sell the Property

Jennifer Hughes

Compass License #01440438 Listed on: 02/22/2018

Compass

Last Buyer's Agent

Ashlee Van Sickle

Keller Williams Beverly Hills License #01912980

Keller Williams Beverly Hills

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $26,996

Year Built

  • Built in 1949

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 40x100

Home Design

  • Duplex
  • Bungalow

Interior Spaces

  • 1,467 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces

Utilities

  • Central Heating
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 4241-031-015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$26,996

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: California Bungalow
  • Street Number Display: Yes
  • Living Area: 1467
  • Lot Dimensions: 40X100
  • Stories: 1
  • Year Built: 1949
  • Number Of Photos: 26
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 3
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 1294.48

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car
  • Total Parking: 2

Utilities

  • Heating: Central, Wall
  • Water Heaters: Yes

Lot Info

  • Assessor Parcel Number: 4241-031-015
  • Geocode Override: No
  • Lot Size Area: 4000

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Duplex
  • Vacancy Rate: 50%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2021
Sold by
Boone Dudley W and Boone Valarie J
Bought by
Boone Dudley W and Boone Valarie J
Current Estimated Value
$2,268,319

Purchase Details

Closed on
Jan 5, 2021
Sold by
Rees Oreet
Bought by
Rees Oreet and Oreet Rees Trust

Purchase Details

Closed on
Apr 23, 2020
Sold by
Boone Dudley W and Boone Valarie J
Bought by
Boone Dudley Wayne and Boone Valarie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,500
Outstanding Balance
$221,894
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$2,046,425

Purchase Details

Listed on
Feb 22, 2018
Closed on
Mar 6, 2018
Sold by
Krasny Robert Mary
Bought by
Boone Dudley W and Boone Valarie J
Seller's Agent
Jennifer Hughes
Compass
Buyer's Agent
Ashlee Van Sickle
Keller Williams Beverly Hills
List Price
$1,899,000
Sold Price
$2,001,000
Premium/Discount to List
$102,000
5.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.71%
Original Mortgage
$1,400,000
Outstanding Balance
$1,204,890
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$1,063,429

Purchase Details

Closed on
Mar 8, 2017
Sold by
Krasny Robert Mark
Bought by
Krasny Robert Mark

Purchase Details

Closed on
Jun 12, 2012
Sold by
Sklar Mitchell J and Sklar Fay K
Bought by
Sklar Mitchell Jay and Sklar Fay Krasny

Purchase Details

Closed on
Mar 7, 2012
Sold by
Krasny Robert Mark and Krasny Lauren Siegel
Bought by
Robert Mark Krasny Separate Property Tru and Lauren Siegel Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$824,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2012
Sold by
Krasny Yulia
Bought by
Krasny Robert Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$824,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2012
Sold by
Krasny Robert Mark
Bought by
Krasny Robert Mark and Robert Mark Krasny Separate Property Tru

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$824,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2011
Sold by
Siegel Lauren
Bought by
Siegel Lauren and Lauren Siegel Living Trust

Purchase Details

Closed on
Nov 18, 2011
Sold by
Krasny Robert Mark and Krasny Lauren Siegel
Bought by
Krasny Robert Mark and Siegel Lauren

Purchase Details

Closed on
Nov 13, 2007
Sold by
Krasny Robert M and Krasny Lauren S
Bought by
Krasny Robert Mark

Purchase Details

Closed on
May 25, 2006
Sold by
Baer Emily S
Bought by
Krasny Robert M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$727,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 11, 2004
Sold by
Mankin Donald A and Mankin Katherine
Bought by
Baer Emily S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,150
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 2001
Sold by
Mankin Donald
Bought by
Mankin Donald A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,950
Interest Rate
7.11%
Source: Public Records

Range of Values:

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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
Boone Dudley W -- None Available
Rees Oreet -- None Available
Boone Dudley Wayne -- Provident Title Co
Boone Dudley W $2,001,000 Lawyers Title Company
Krasny Robert Mark -- None Available
Sklar Mitchell Jay -- None Available
Robert Mark Krasny Separate Property Tru -- Ticor Title Company Of Ca
Krasny Robert Mark -- None Available
Krasny Robert Mark -- None Available
Siegel Lauren -- None Available
Krasny Robert Mark -- None Available
Krasny Robert Mark -- None Available
Krasny Robert M $1,040,000 Fidelity National Title Co
Baer Emily S $850,000 Southland Title Corporation
Baer Emily S -- Southland Title Corporation
Mankin Donald A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boone Dudley Wayne $248,500
Open Boone Dudley W $1,400,000
Previous Owner Robert Mark Krasny Separate Property Tru $824,000
Previous Owner Krasny Robert M $835,000
Previous Owner Krasny Robert M $727,000
Previous Owner Baer Emily S $427,150
Previous Owner Mankin Donald A $381,000
Previous Owner Mankin Donald A $382,500
Previous Owner Mankin Donald A $351,950
Previous Owner Mankin Donald $285,000
Closed Mankin Donald A $29,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2018 03/30/18 Sold $2,001,000 +5.4% $1,364 / Sq Ft
03/03/2018 03/03/18 Pending -- -- --
02/22/2018 02/22/18 For Sale $1,899,000 -- $1,294 / Sq Ft
Source: The MLS

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 $26,996 $2,276,792 $2,048,091 $228,701
2024 $26,996 $2,232,150 $2,007,933 $224,217
2023 $26,468 $2,188,383 $1,968,562 $219,821
2022 $25,225 $2,145,474 $1,929,963 $215,511
2021 $24,925 $2,103,407 $1,892,121 $211,286
2020 $25,188 $2,081,840 $1,872,720 $209,120
2019 $24,171 $2,041,020 $1,836,000 $205,020
2018 $15,097 $1,249,080 $1,098,955 $150,125
2016 $14,445 $1,200,579 $1,056,282 $144,297
2015 $14,232 $1,182,546 $1,040,416 $142,130
2014 $14,282 $1,159,382 $1,020,036 $139,346
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-313254

The MLS

APN: 4241-031-015