For Sale
(MLS-listed)
$850,000
11345 VENICE Los Angeles, CA 90066
| Beds: | 7 |
| Baths: | 4 |
| Sq. Ft.: | 3,310 |
| $/Sq. Ft.: | $257 |
| Lot Size: | 4,748 Sq. Ft. |
| Property Type: | Multi-Family |
| Year Built: | 1962 |
| Community: | Palms/Mar Vista |
| County: | Los Angeles |
| MLS#: | 09-407207 |
| Source: | TheMLS |
| Status: | Active |
| On Redfin: | 35 days |
Low maintenance four-plex in Mar Vista, tenants pay gas, electricity, water, power & trash. One unit has been totally rehabbed, new exterior paint, copper plumbing upgrades, new water heaters, electrical upgrades. This investment is an excellent fit for any investor interested in breaking into the West side apartment market with minimal up front capital.
Kitchen Information
- Range Hood
- Range
Parking Information
- # of Parking Spaces (Total): 4
- # of Other Spaces: 4
- Other (See Remarks)
Multi-Family Information
- # Leased: 4
- # of Buildings: 1
- # of Carpets: 4
- # of Disposals: 4
- # of Electric Meters: 4
- # of Gas Meters: 4
- Tenant Pays Electricity
- Tenant Pays Gas
- Tenant Pays Water
Unit 3 Information
- Number: 1
- # of Beds: 2
- # of Baths: 1
- Monthly Rent: $886.43
Land Information
- Assessed Land Value: $918,000
Financial Information
- Capitalization Rate (%): 5.11
- Net Operating Income: $43,469
- Adjusted Gross Income: $57,137
- Gross Operating Income: $60,144
- Actual Annual Gross Rent: $60,144
- Gross Rent Multiplier: 14.13
Equipment
- Dishwasher
- Garbage Disposal
- Refrigerator
Building Information
- Total Floors: 2
- Shingle Roof
Unit 1 Information
- Number: 1
- # of Beds: 2
- # of Baths: 1
- Monthly Rent: $1,419.60
Unit 4 Information
- Number: 1
- # of Beds: 2
- # of Baths: 1
- Monthly Rent: $1,405.96
Location Information
- Cross Streets: VENICE & SAWTELLE
- Driving Directions: 1/2 Block W. of Sawtelle on Venice Blvd.
Expense Information
- Total Annual: $13,668
- Gardener: $900
- Insurance: $1,468
- Maintenance: $2,000
Heating & Cooling
- Wall Heater
- No Cooling
Community Features
- Units in Complex (Total): 4
Unit 2 Information
- Number: 1
- # of Beds: 1
- # of Baths: 1
- Monthly Rent: $1,300
Lot Information
- Lot Size (Sq. Ft.): 4,748
- Lot Size Source: Vendor Enhanced
- Paved
- Not on Alley
- Zoning: LAR3
Property Information
- Square Footage Source: Vendor Enhanced
- Assessed Improvement Value: $153,000
- Tax Parcel Number: 4234003054
- Legal Disclosures: Take Property As Is
- Legal Disclosures: Court Approval Not Required
- Legal Disclosures: Probate
- Legal Disclosures: Trust/Conservatorship
- Legal Disclosures: Rent Control
Listing Information
- MLS: CLAW
- Probate
- Listing Terms: Cash To New Loan
- Listing Terms: New
Listing last changed
November 3, 2009, 12:01 AM
Overhead View of 11345 VENICE, Los Angeles, CA 90066
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Property History for 11345 VENICE
| Date | Event | Price | Appreciation | Source |
|---|---|---|---|---|
| Oct 26, 2009 | Listed | $850,000 | -- | TheMLS #09-407207 |
| Jun 24, 2008 | Sold (Public Records) | $845,000 | -12.9%/yr | Public Records |
| Nov 29, 2006 | Sold (Public Records) | $1,050,000 | 20.3%/yr | Public Records |
| Jun 18, 2003 | Sold (Public Records) | $555,000 | -- | Public Records |
NOTICE: There are past MLS listings for this property which are not being shown. In order to see these listings, MLS Rules require that you Sign In.
Public Facts for 11345 VENICE
| Beds: | 7 |
| Baths: | 4.0 |
| Finished Sqft: | 3310 |
| Unfinished Sqft: | - |
| Total Sqft: | 3310 |
| Floors: | - |
| Lot Size: | 4,748 |
| Style: | Multi-Family (2-4 Unit) |
| Year Built: | 1962 |
| Year Renovated: | 1962 |
| County: | Los Angeles County |
| APN: | 4234003054 |
| Last Updated: | November 19, 2009 |
These facts may not match MLS-provided listing facts.
Learn more.
Source: Public Records
Property Tax
| Taxable Value | |
| Land | $689,520 |
| Additions | $172,278 |
| Total | $861,798 |
| Tax (2009) | $13,192 |
Home Value Estimates for 11345 VENICE
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| Average: | $279/Sq. Ft. |
Nearby Similar Sales
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Closest homes similar to 11345 VENICE, which sold within the past six months:
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| Range: | $560,000 - $1,035,000 |
| Average: | $261/Sq. Ft. |
Link to this page at
http://www.redfin.com/CA/Los-Angeles/11345-Venice-Blvd-90066/home/6738824
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