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13051 Venice Blvd Los Angeles, CA 90066

$1,295,000 Sold Price as of 03/16/2020

6 Beds
4 Baths
2,368 Sq.Ft.

Sold

$1,295,000 Sold Price as of 03/16/2020 Refinance Your Mortgage

Map preview of 13051 Venice Blvd, Los Angeles, CA 90066

Property Overview: 13051 Venice Blvd Los Angeles, CA has 6 bedrooms, 4 bathrooms, 2,368 living square feet and 3,520 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Amazing Value Add Duplex in Mar Vista. Two identical (2) 3 br + 2 ba with laundry hook ups and parking. Upper unit is currently Vacant (Market Rent reflected in schedule and income details) and the tenant in the lower unit has given notice. Please DO NOT DISTURB tenants or owners.

Listed by Derek Reilly | BRE #02072548 | Keller Williams-Santa Monica

Last checked: 5 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 1

Home details

Lot Sq. Ft: 3,520
HOA Dues: $0/mo
Year built: 1952
Garage: --
Property Type:: Multi Family

Status: Sold
MLS#: 20561652
City: Los Angeles
County: Los Angeles
Time on Site: 1201 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 2
Total # of Buildings: 1

Unit Breakdown 1

# of Units: 1
# of Beds: 3
# of Baths: 2
Furnishing: Unfurnished
Actual Rent: $3,450
Total Rent: $3,400
Pro Forma/Market Rent: $3,450

Unit Breakdown 2

# of Units: 1
# of Beds: 3
# of Baths: 2
Furnishing: Unfurnished
Actual Rent: $1,700
Total Rent: $1,700
Pro Forma/Market Rent: $3,450

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: 20.95
Gross Scheduled Income: --
Net Operating Income: $46,289
Gross Operating Income: $61,800

Annual Expense Breakdown

Total Operating Expense: --

Property Details for 13051 Venice Blvd

Interior Features

Cooling Information

No Cooling
None

Heating Information

Has Heating
Forced Air, Wall Furnace

Kitchen Information

Has Appliances
Disposal

Lot Details / Garage and Parking

Parking/Garage Information

Has Parking
Parking Features: Driveway, Garage

Property Information

Total # of Units: 2
Parcel Number: 4245020008

Location / Neighborhood

Location Information

Directions: Westbound side of Venice Blvd, East of Walgrove and West of Beethoven. Right across the street from Venice High School.

View more facts & features

Local Los Angeles Agent

Sale History for 13051 Venice Blvd

Last sold for $1,295,000 on March 16th, 2020

March, 2020
Mar 16, 2020

Date

Sold

CRMLS: 20561652

$1,295,000

Price
Mar 7, 2020

Date

Active Under Contract

CRMLS: 20561652

$1,295,000

Price
March, 2020
Mar 16, 2020

Date

Sold (Public Records)

Public Records

$1,295,000

Price
March, 2020
Mar 4, 2020

Date

Expired

CRMLS: 19534050

$1,388,888

Price
Feb 8, 2020

Date

Price Change

CRMLS: 19534050

$1,388,888

Price
Jan 25, 2020

Date

Price Change

CRMLS: 19534050

$1,450,000

Price
Jan 18, 2020

Date

Active

CRMLS: 19534050

$1,495,000

Price
Jan 8, 2020

Date

Pending

CRMLS: 19534050

$1,495,000

Price
Dec 4, 2019

Date

Active

CRMLS: 19534050

$1,495,000

Price
Listing provided courtesy of CRMLS

PRICE SLASHED! This duplex will go quick! Check out this Nice and Spacious Value-Add Duplex located across the street from Venice High School. Approximately a 2 mile straight shot to Venice Muscle Beach. Located in Mar Vista, this property also has close proximity to Venice and Culver City. Upstairs and downstairs, 3 bedroom, 2 bathroom units on each floor. Zoned LAR1.5. Big kitchens. Each unit has a laundry room. Nice sized detached 2 car garage in the back with alley access and 2 additional parking spaces. Downstairs unit can use upgrades, but is still in good condition. 10 minute bike ride to the beach, Abbot Kinney shopping and Top Notch restaurants. 10 and 405 freeway access. Public transportation right on Venice Blvd. This is a great investment opportunity to get into this neighborhood at this great price point!

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September, 2019
Sep 1, 2019

Date

Expired

CRMLS: 18404310

$1,600,000

Price
Jun 4, 2019

Date

Active

CRMLS: 18404310

$1,600,000

Price
Jun 1, 2019

Date

Expired

CRMLS: 18404310

$1,600,000

Price
Feb 14, 2019

Date

Price Change

CRMLS: 18404310

$1,600,000

Price
Nov 26, 2018

Date

Active

CRMLS: 18404310

$1,650,000

Price
Listing provided courtesy of CRMLS

Spacious Duplex. Great for owner user or investor. Desirable area of Mar Vista. Close to Venice Beach, trendy shops and restaurants. Great public transportation nearby. Don't miss out on this fantastic investment opportunity.

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March, 2006
Mar 27, 2006

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 13051 Venice Blvd

Assessed Value (2020): $1,374,514

Year	Land Value	Improved Value	Assessed Value
2020	$937,171	$437,343	$1,374,514

Home Value Compared to the Market

This property vs the competition

13051 Venice Blvd sold on March 16, 2020 for 23.33% higher than the current median sold price for the city of Los Angeles which is $1,050,000. The median sold price per/sqft for Los Angeles is $738 and this home is sold at $546.88 per/sqft which puts the price per square foot 25.9% lower than the current median sale per square foot for the city of Los Angeles.

About 13051 Venice Blvd

Detailed summary of property

13051 Venice Blvd is a multi family that recently sold in Los Angeles, CA 90066. This multi family property offered 6 bedrooms, 4 bathrooms, roughly 2,368 living square feet, and sits on an approximately 3,520 square foot lot. 13051 Venice Blvd was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,295,000. Home in Los Angeles are selling for a median price of $1,050,000 and a median price per square foot of $738. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 23.33% higher than the current median priced home. Local homes that are currently for sale include 6268 S La Brea Ave, 5346 Smiley Dr and 1847 S Curson Ave. While the average home in Los Angeles, CA is selling in 97 days, 13051 Venice Blvd has a days on market of 1 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. For more information on this home for sale at 13051 Venice Blvd Los Angeles, CA 90066 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 13051 Venice Blvd

Public county record property details

Beds: 6
Baths: 4
Year built: 1952
Sq. Ft.: 2,368
Lot Size: 3,519
Stories: --

Type: Duplex (2 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 29
APN: 4245-020-008

The source for these homes facts are from public records.

90066 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$2,100,000

Median List Price/Sq.Ft.

$1,002

Median Sold Price

$1,925,000

Median Sold Price/Sq.Ft.

$1,050

Total Inventory

112

Median Sale to List Price %

104.05%

Avg Days on Market

Loan Type

Conventional (17.39%), FHA (0%), VA (0%), Cash (0%), Other (13.04%)

Thinking of Selling?

Is this your property?
Thinking of Selling?
Call, Text or Message

(714) 706-1823

Homes for Sale Near 13051 Venice Blvd

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.