NOT LISTED FOR SALE
4 Beds
6 Baths
3,200 Sq Ft
3,001 Sq Ft Lot

Sale Details

Date Sold: May 15, 2014

Last sale price $1,490,000 $466 Per Sq Ft

4 Days on Market

Highlights

  • Wood Flooring
  • Built-In Features
  • Ceiling Fan

About This Home

As of May 2014

Two story traditional Venice Beach bldg, great location for tenants due to proximity to shops, restaurants, beach and parks. Low vacancy factor. Two bedroom units good size and one unit has basement/bonus room. One bedrm units and bachelors are upstairs. Do not disturb tenants. Photos are of the 1bedrm when it was last vacated- they are not current photos.

Last Agent to Sell the Property

Irma Vargas

Tierra Properties License #00467438 Listed on: 03/11/2014

Co-Listed By

Rod Vargas

Tierra Properties License #01792503

Last Buyer's Agent

Rod Vargas

Tierra Properties License #01792503

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 3,001

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Partial Basement

Kitchen

  • Oven or Range
  • Disposal

Flooring

  • Wood
  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 6 Bathrooms

Parking

  • 5 Parking Spaces
  • Uncovered Parking
  • Assigned Parking

Additional Features

  • 3,001 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 4286-013-016

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

3,001 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3200
  • Stories: 2
  • Year Built: 1962
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Basement - Partial
  • Flooring: Carpet, Hardwood, Linoleum, Mixed
  • Bedrooms: 4
  • Total Bathrooms: 6.00
  • Equipment: Built-Ins, Garbage Disposal, Range/Oven
  • Price Per S Q F T: 445.31

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Assigned, Uncovered
  • Total Parking: 5

Utilities

  • Cooling: Ceiling Fan
  • Heating: Wall Gas
  • Water Expense: 957.00

Fee Information

  • Gas Expense: 571.00
  • Insurance Expense: 1744.00
  • Maintenance Expense: 4626.00
  • Trash Expense: 1300.00

Lot Info

  • Assessed Improvement Value: 259779
  • Assessed Land Value: 606158
  • Assessor Parcel Number: 4286-013-016
  • Geocode Override: No
  • Lot Size Area: 3001

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 15.40
  • Number Of Units: 6
  • Rent Control: 100
  • Type Of Units: frm/stucco

Tax Info

  • Tax Expense: 17812.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
3.64%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 11, 2014
Closed on
May 5, 2014
Sold by
Bought by
Seller's Agent
Irma Vargas
Tierra Properties
Buyer's Agent
Rod Vargas
Tierra Properties
List Price
$1,425,000
Sold Price
$1,490,000
Premium/Discount to List
$65,000
4.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Interest Rate
4.31%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 1, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$770,000
Interest Rate
6.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 28, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 1, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,000
Interest Rate
5.79%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 9, 1998
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Venice, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Chicago Title Company
$1,490,014 Pacific Coast Title Company
-- None Available
-- Accommodation
$750,000 Commonwealth Land Title Co
$295,000 Southland Title Corporation
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,785,000
Closed $1,400,000
Previous Owner $760,000
Previous Owner $770,000
Previous Owner $225,000
Previous Owner $525,000
Previous Owner $517,000
Previous Owner $90,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/15/2014 05/15/14 Sold $1,490,000 +4.6% $466 / Sq Ft
03/15/2014 03/15/14 Pending -- -- --
03/11/2014 03/11/14 For Sale $1,425,000 -- $445 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $22,581 $1,826,527 $1,225,859 $600,668
2024 $22,332 $1,790,714 $1,201,823 $588,891
2023 $21,909 $1,755,603 $1,178,258 $577,345
2022 $27,617 $2,296,655 $1,968,562 $328,093
2021 $27,284 $2,251,623 $1,929,963 $321,660
2019 $26,486 $2,185,040 $1,872,720 $312,320
2018 $26,396 $2,142,200 $1,836,000 $306,200
2016 $19,072 $1,542,945 $1,035,534 $507,411
2015 $18,798 $1,519,770 $1,019,980 $499,790
2014 $11,328 $869,867 $608,909 $260,958
Source: Public Records

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Map

Source: The MLS

MLS Number: 14-743513

The MLS
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