NOT LISTED FOR SALE
6 Beds
6 Baths
4,693 Sq Ft
3,049 Sq Ft Lot

Sale Details

Date Sold: June 1, 2017

Last sale price $4,250,000 $906 Per Sq Ft

65 Days on Market

Highlights

  • 11 Car Garage
  • Venice High School Rated A
  • 4-minute walk to Venice Beach Playground

About This Home

As of June 2017

The property features 4,693 square feet of gross area, situated on a 3,215 square foot lot. The 6-unit building is composed of one (1) studio/one-bathroom unit, one (1) studio/one-bathroom unit plus a loft, two (2) one-bedroom/one-bathroom units and two (2) one-bedroom/one-bathroom units plus a loft. The Building is well maintained and offers exceptional panoramic views of the Pacific Ocean from its balconies.Exceptionally located the offering is steps from the world-famous Venice Beach, west of Pacific Avenue, south of Navy Court and north of Rose Avenue. This prime location offers a tremendous amount of dining, shopping, and entertainment destinations in walking distance from the property, while being within a short commute of major employment centers such as Silicone Beach, Santa Monica, Brentwood, West Los Angeles, Culver City, and Westchester making it one of the strongest multifamily investment areas in the region.

Last Agent to Sell the Property

Tony Azzi

Tony Azzi License #00910513 Listed on: 02/08/2017

Last Buyer's Agent

Tony Azzi

Tony Azzi License #00910513 Listed on: 02/08/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 3,216 Sq Ft Lot

Parking

  • 11 Car Garage

Interior Spaces

  • 4,693 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 4286-019-001

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

3,216 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4693
  • Stories: 3
  • Year Built: 1973
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 6.00
  • Price Per S Q F T: 1021.73

Exterior Features

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

Garage/Parking

  • Parking Garage: Garage
  • Total Parking: 11

Lot Info

  • Assessed Improvement Value: 478641
  • Assessed Land Value: 1468563
  • Assessor Parcel Number: 4286-019-001
  • Geocode Override: No
  • Lot Size Area: 3216

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 15.41
  • Number Of Units: 6
  • Type Of Units: Standard
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2017 06/01/17 Sold $4,250,000 -11.4% $906 / Sq Ft
04/14/2017 04/14/17 Pending -- -- --
03/17/2017 03/17/17 Price Changed $4,795,000 -6.0% $1,022 / Sq Ft
02/08/2017 02/08/17 For Sale $5,100,000 -- $1,087 / Sq Ft
Source: The MLS

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 $58,915 $4,932,484 $2,843,432 $2,089,052
2024 $58,915 $4,835,770 $2,787,679 $2,048,091
2023 $57,768 $4,740,952 $2,733,019 $2,007,933
2022 $55,074 $4,647,993 $2,679,431 $1,968,562
2021 $54,414 $4,556,857 $2,626,894 $1,929,963
2019 $52,780 $4,421,700 $2,548,980 $1,872,720
2018 $52,656 $4,335,000 $2,499,000 $1,836,000
2016 $23,899 $1,947,204 $1,468,563 $478,641
2015 $23,553 $1,917,956 $1,446,504 $471,452
2014 $23,652 $1,880,386 $1,418,169 $462,217
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-200812

The MLS
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