$1,825,000
SOLD AUG 24, 2017
4 Beds
2 Baths
1,584 Sq Ft
5,195 Sq Ft Lot

Recently Sold

$1,152 Per Sq Ft

3% Below List Price

47 Days on Market

About This Home

As of January 2025

Shovel ready development opportunity located in highly desirable Venice Beach. Build your own house! The current property is vacant. Only a few walking blocks from Abbott Kinney's shops and Venice's boardwalk this property gives you the best lifestyle for California living. This property has approved plans, ready to issue, for a 4229 sq ft home. The current duplex is 1584 sq ft and new build is 2645 sq ft designed by The Code Solution, totaling the new home to be 4229 sq ft. Completed property is expected to be worth in the mid $4m range conservatively.

Last Agent to Sell the Property

Justin Naoe

Real Broker License #01855054 Listed on: 06/01/2017

Real Broker

Co-Listed By

Gilad Schiowitz

Real Broker License #01977124

Last Buyer's Agent

Jalda Hoff

The Bluewave Group, Inc. License #01911600

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $53,583

Year Built

  • Built in 1945

Lot Details

  • 5,195 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 1,584 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 4239-012-014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$53,583

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1584
  • Stories: 2
  • Year Built: 1945
  • Number Of Photos: 4
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 1193.18

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Driveway - Concrete
  • Total Parking: 2

Lot Info

  • Assessed Improvement Value: 49646
  • Assessed Land Value: 113504
  • Assessor Parcel Number: 4239-012-014
  • Geocode Override: No
  • Lot Size Area: 5195

Multi Family

  • Unit Type: 2106
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: duplex
  • Vacancy Rate: 0%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2024
Closed on
Dec 30, 2024
Sold by
634 Brooks Llc
Bought by
Christopher H Den Uijl Revocable Trust and Uijl
Seller's Agent
Paige Ogden
Pardee Properties
Buyer's Agent
Cameron Christensen
Compass
List Price
$5,850,000
Sold Price
$5,100,000
Premium/Discount to List
-$750,000
-12.82%
Views
284
Current Estimated Value
$5,103,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,664
Avg. Annual Appreciation
1.52%
Original Mortgage
$3,570,000
Outstanding Balance
$3,555,677
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$1,581,442

Purchase Details

Listed on
Jul 31, 2020
Closed on
Nov 10, 2020
Sold by
Bdp 16 Llc
Bought by
634 Brooks Llc
Seller's Agent
Jalda Hoff
The Bluewave Group, Inc.
Buyer's Agent
Brita Kleingartner
TRG Real Estate Co., Inc.
List Price
$4,495,000
Sold Price
$4,175,000
Premium/Discount to List
-$320,000
-7.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.89%

Purchase Details

Listed on
Jun 1, 2017
Closed on
Aug 14, 2017
Sold by
Arko Group Llc
Bought by
Bdp 16 Llc
Seller's Agent
Justin Naoe
Real Broker
Buyer's Agent
Jalda Hoff
The Bluewave Group, Inc.
List Price
$1,890,000
Sold Price
$1,825,000
Premium/Discount to List
-$65,000
-3.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.10%
Original Mortgage
$585,000
Interest Rate
3.96%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 28, 2016
Sold by
Hyatt Tatiana F
Bought by
Arko Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$775,000
Interest Rate
3.68%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 30, 1994
Sold by
Dunn Stephen P and Dunn Carolyn V
Bought by
Hyatt Herbert W and Hyatt Tatiana F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,200
Interest Rate
8.61%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $5,100,000 Fidelity Title
Grant Deed $4,175,000 Chicago Title Company
Grant Deed $1,825,000 First American Title
Grant Deed $1,600,000 Lawyers Title
Grant Deed $115,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,570,000 New Conventional
Previous Owner $3,100,000 Commercial
Previous Owner $175,000 Commercial
Previous Owner $1,920,000 Commercial
Previous Owner $585,000 Unknown
Previous Owner $195,000 Stand Alone Second
Previous Owner $1,170,000 Purchase Money Mortgage
Previous Owner $775,000 Commercial
Previous Owner $775,000 Commercial
Previous Owner $1,100,000 Purchase Money Mortgage
Previous Owner $86,200 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2025 01/24/25 Sold $5,100,000 -7.2% $1,187 / Sq Ft
12/18/2024 12/18/24 Pending -- -- --
12/04/2024 12/04/24 Price Changed $5,497,000 -6.0% $1,280 / Sq Ft
09/26/2024 09/26/24 For Sale $5,850,000 +40.1% $1,362 / Sq Ft
11/17/2020 11/17/20 Sold $4,175,000 -7.1% $953 / Sq Ft
10/12/2020 10/12/20 Pending -- -- --
07/31/2020 07/31/20 For Sale $4,495,000 +146.3% $1,026 / Sq Ft
08/24/2017 08/24/17 Sold $1,825,000 -3.4% $1,152 / Sq Ft
07/18/2017 07/18/17 Pending -- -- --
06/01/2017 06/01/17 For Sale $1,890,000 +18.1% $1,193 / Sq Ft
04/12/2016 04/12/16 Sold $1,600,000 -8.6% $1,010 / Sq Ft
11/21/2015 11/21/15 Pending -- -- --
06/06/2015 06/06/15 For Sale $1,750,000 -- $1,105 / 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
2024 $53,583 $4,430,542 $2,865,261 $1,565,281
2023 $52,532 $4,343,670 $2,809,080 $1,534,590
2022 $50,064 $4,258,500 $2,754,000 $1,504,500
2021 $49,460 $4,175,000 $2,700,000 $1,475,000
2020 $28,869 $2,373,030 $1,716,660 $656,370
2019 $27,710 $2,326,500 $1,683,000 $643,500
2018 $22,045 $1,825,000 $1,650,000 $175,000
2016 $2,138 $163,150 $113,504 $49,646
2015 $2,109 $160,701 $111,800 $48,901
2014 $2,132 $157,554 $109,610 $47,944
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-237384

The MLS

APN: 4239-012-014