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Sold for $1,835,000
  • $1,835,000

    123 Park Pl, Venice, CA 90291

    2beds
    0baths
    2,008sqft
    Multi Family
    Built in 1965
    -- sqft lot
    $1,757,800 Zestimate®
    $914/sqft
    $6,578 Estimated rent

    Home value

    $1,757,800

    $1.58M - $1.95M

    $6,578/mo

    Zestimate® history
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    What's special

    Welcome to the walk Streets of Venice, one block from the Beach at the end of Abbot Kinney/Brooks and just south of Main street.The location is outstanding. Enter through the white picket fence into a shared sun trap of a garden, to be enjoyed by all. This is a four unit building, fully occupied. On the ground floor is unit 1, a 1 bedroom, 1 bathroom unit, and on the 2nd floor are three units, 2 studios and another 1 bedroom, 1 bathroom unit. The units on the upper floor have all been updated. The one bedroom unit upstairs has an exposed wood ceiling, stainless steel appliances, wood floors, cool light fixtures, wood blinds, a little desk area and a light and airy bathroom. There is also a communal laundry, and a carport that fits 6 cars tandem. There are 4 storage bins for the tenants use. Good steady income, low expenses. Expenses include projected property taxes for new owner. An all round great investment. Will need 72 hours notice to show Monday - Saturday.

    Zillow last checked:

    Source: Douglas Elliman,MLS#: 23-267293MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 0
    Interior area
    • Total structure area: 2,008
    • Total interior livable area: 2,008 sqft

    Property

    Parking
    • Total spaces: 6
    Features
    • Stories: 2
    Lot
    • Size: 2,178 Square Feet
    Details
    • Parcel number: 4286014022

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Multi Family
    Condition
    • Year built: 1965

    Community & HOA

    Community
    • Subdivision: Venice
    Location
    • Region: Venice

    Financial & listing details

    • Price per square foot: $914/sqft
    • Tax assessed value: $1,871,700
    • Annual tax amount: $22,549
    • Date on market: 5/4/2023
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    6/21/2024Sold$1,835,000-5.9%$914/sqft
    Source: Public Record Report a problem
    4/22/2024Pending sale$1,950,000$971/sqft
    Source: Douglas Elliman #23-267293 Report a problem
    4/22/2024Contingent$1,950,000$971/sqft
    Source: CLAW #23-267293 Report a problem
    5/5/2023Listed for sale$1,950,000+77.3%$971/sqft
    Source: CLAW #23-267293 Report a problem
    7/3/2013Sold$1,100,000-10.2%$548/sqft
    Source: CLAW #13644885 Report a problem
    1/14/2013Listed for sale$1,225,000+185.5%$610/sqft
    Source: RE/MAX Execs #13644885 Report a problem
    10/29/1999Sold$429,000$214/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$22,549 +39.5%$1,871,700 +41.5%
    2024$16,166 +2%$1,322,839 +2%
    2023$15,855 +4.9%$1,296,919 +2%
    2022$15,118 +1.3%$1,271,507 +2%
    2021$14,930 -1%$1,246,593 +1%
    2020$15,085 $1,233,820 +2%
    2019$15,085 +4.5%$1,209,645 +2%
    2018$14,433 $1,185,944 +2.1%
    2017$14,433 +2.2%$1,161,868 +2%
    2016$14,120 +2.3%$1,139,087 +1.5%
    2015$13,805 +1%$1,121,978 +2%
    2014$13,664 $1,100,000 +109.5%
    2012-- $524,940 +2%
    2011-- $514,648 +0.8%
    2010-- $510,803 -0.2%
    2009-- $512,017 +2%
    2008-- $501,978 +2%
    2007-- $492,137 +2%
    2006-- $482,488
    2005-- $482,488 +4%
    2004-- $463,755 +1.9%
    2003-- $455,256 +2%
    2002-- $446,331 +4%
    2000-- $429,000
    Find assessor info on the county website

    Neighborhood: Venice

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,757,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,757,800