236 Market Street

Venice, CA 90291

$1,590,000
Last Sold Price
2
Beds
4
Baths
1,890 Sq. Ft.
$841 / Sq. Ft.
1,890
Sq. Ft.
$841
per Sq. Ft.

Description

New gross rental income increase. Character craftsman three blocks to beach. Four legal units, two separate buildings. 1 bedroom upper unit delivered vacant. Front units are side by side singles with separate kitchens, h/wood flrs, walk-in closets and 40s style tile bathrooms. Back units are two upper/ lower 1 bedrooms. Great for owner/user. Feature grassy common area between buildings and extemely cool neighbors. Upside potential on rents. $110,000 gross income reflects 5% allowable increase February...New gross rental income increase. Character craftsman three blocks to beach. Four legal units, two separate buildings. 1 bedroom upper unit delivered vacant. Front units are side by side singles with separate kitchens, h/wood flrs, walk-in closets and 40s style tile bathrooms. Back units are two upper/ lower 1 bedrooms. Great for owner/user. Feature grassy common area between buildings and extemely cool neighbors. Upside potential on rents. $110,000 gross income reflects 5% allowable increase February 2024 and market rental value of 1 bedroom owner unit delivered vacant. Please do not disturb tenants.
  1. Listed by Winston Cenac • DRE #01218663 • Brokerage DRE #01218663 • Bulldog Realtors, Inc.
  2. Listed by Mia Hultgren • DRE #02178175 • Brokerage DRE #01218663 • Bulldog Realtors, Inc.

Property Details for 236 Market Street

Zoning
LARD1.5
Style
California Bungalow
Accessibility Features
Entry Slope Less Than 1 Foot
Parcel Number
4238013027
Total Units
4.0
Living Area
1890
Source Living Area
Vendor Enhanced
Area
Venice (C11)

Location

Listing Courtesy of Bulldog Realtors, Inc., Winston Cenac, DRE #01218663; Bulldog Realtors, Inc., Mia Hultgren, DRE #02178175

Sold By Compass, Shelby Ring, DRE #01949380

Add your commute
LISTING UPDATED: 07/28/2023 10:58 AM

Property Details for 236 Market Street

StatusSold
MLS #23-252283
Days on Market96
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1940
Lot Size0.07 AC / 2,850 SF
CountyLos Angeles County

Location

Listing Courtesy of Bulldog Realtors, Inc., Winston Cenac, DRE #01218663; Bulldog Realtors, Inc., Mia Hultgren, DRE #02178175

Sold By Compass, Shelby Ring, DRE #01949380

Add your commute

Building Information for 236 Market Street

Stories2Residences-Year Built1940Building Size-Lot Size0.07 AC / 2,850 SF

Payment Calculator

$9,116 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,677

Property Taxes

$439

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 236 Market Street

Community / Development
Community / Development
  • Tax Mello Roos: Unknown
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Other
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: garden
  • Security Features: Fire and Smoke Detection System, Smoke Detector
  • Direction Faces: North
  • Water: District
  • Sewer: In Street
  • Water Heaters: Yes
  • Water Heater Features: Water Heater Unit
  • Building Permit: Yes
Contract Info
Contract Info
  • Financing: Cash To New Loan
  • Disclosures: As Is, Coastal Zone
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $94,140
  • Gross Scheduled Income: $75,998
  • Gross Rent Multiplier: $16.40
  • Actual Annual Gross Rent: $94,160.00
  • Owner Pays: Electricity, Gardener, Water
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Alley: Yes
  • Lot Acreage: 0.0654
  • Lot Size Square Feet: 2850
  • Lot Location: City
Parking Details
Parking Details
  • Parking Garage: None
  • Total Parking: 0
  • Parking Features: None
Interior Features
Interior Features
  • Cooling: None
  • Cooling Type: None
  • Heating Type: Wall Gas
  • Equipment: Built-Ins, Cable, Garbage Disposal, Refrigerator, Range/Oven
  • Interior Features: Built-Ins
  • Kitchen Features: Counter Top
  • Room Bathroom Features: Shower in Tub
  • Bathroom Features: Shower and Tub
  • Common Walls: Attached
  • Cooking Appliances: Oven-Gas
  • Laundry: None
  • Disability Access: Entry Slope Less than 1 foot
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Roof: Asphalt
  • Sprinklers: None
  • Windows: Window Blinds, Drapes/Curtains, Mini Blinds
  • New Construction: No
  • Foundation Details: Slab
  • Other Structural Features: Historical
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 03-20-2023
  • Listing Terms: Cash To New Loan, Cash
  • Rent Control: Yes
  • Rent Control: 100
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,950.00
  • Unit Actual Rent: $24,624.00
  • Unit Projected Rent: $24,624.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,310.00
  • Unit Actual Rent: $27,720.00
  • Unit Projected Rent: $27,720.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,083.00
  • Unit Actual Rent: $28,811.00
  • Unit Projected Rent: $28,811.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,500.00
  • Unit Actual Rent: $18,947.00
  • Unit Projected Rent: $18,947.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $162,319.00
  • Assessed Improvement Percent: 40.91
  • Assessed Land Value: $234,470.00
  • Assessed Land Percent: 59.09
  • Assessed Total Value: $396,789.00

Property History for 236 Market Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 236 Market Street

Taxable ValueLand$243,942Additions$169,076Total$413,018
Tax Record2023$5,263 ($439 / month)
Home Facts
Total Finished SqFt1,890 SqFtAbove Grade Finished SqFt1,890 SqFtLot Size2,850 SqFtStyleQuadraplexYear Built1940ZoningLARD1.5CountyLOS ANGELESAPN4238-013-027

Schools near 236 Market Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Westminster Avenue Elementary School
PublicK to 5

Venice Senior High School
Public9 to 12

Animo Venice Charter High School
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Bulldog Realtors, Inc., Winston Cenac, DRE #01218663; Bulldog Realtors, Inc., Mia Hultgren, DRE #02178175

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.