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$3,295,000   Price Analysis
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414 Grand Blvd
Venice, CA 90291
8 bed 4 bath unknown SqFt ($0/SqFt)
6,755SqFt lot. Built 1947
Listed 2024-07-03, Taxes $32,852
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Classic

4 unit building situ ated on a triple lot in a prime location in the heart of Venice! This property is locted off of the well known Windward Circle on Grand Boulevard. It is nestled between Venice Beach and Abbot Kinney Boulevard with easy access to all restaurants, shopping, biking and beaches! All units consist of 2 bed/1 bath with a living room, dining nook and full kitchen.

Property is tenant occupied with long-term tenants.


Presented by Henrik Sarkisian at
Pacific Horizon Bancorp Inc.


Property MLS #P1-18320 from CRMLS

Bedrooms: 8

Appliances YN: Yes
Laundry Features: Community

Cooling Features: Wall/Window Unit(s)
Heating Features: Wall Furnace
Heating: Yes

Full Bathrooms: 4

Flooring: Wood

Fencing: Fence YN: Yes, Fencing: Wood

Lot Size Acres: 0.1550735
Lot Size Source: Public Records
Lot Size Square Feet: 6755

Garage Spaces: 8
Parking Features: Parking YN: Yes, Parking Features: Garage - Single Door
Parking Total: 8

Association: No
Calculated Total Monthly Association Fees: 0

Number of Units: 4
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Unit-1 Garage Spaces: 2
Unit-2 Garage Spaces: 2
Unit-3 Garage Spaces: 2
Unit-4 Garage Spaces: 2

Number of Units Leased: 4
Rent Control: Yes

Community Features: Biking, Park, Hiking

Source Listing Status: Active
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 2681.52
Area: C11 - Venice
Source Neighborhood: C11 - Venice
Parcel Number: 4238020003
Trash Expense: 720.00
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$831,000 + $1,940,000
$2,771,000
$32,852
2021$63,841 + $111,186
$175,027
$2,584
2020$63,187 + $110,046
$173,233
$2,602
2019$61,949 + $107,889
$169,838
$2,518
2018$60,735 + $105,774
$166,509
$2,435
2017$59,545 + $103,700
$163,245
$2,392
2016$58,378 + $101,667
$160,045
$2,301
2015$57,502 + $100,140
$157,642
$2,273
2014$56,376 + $98,179
$154,555
$2,310
2013$56,122 + $97,736
$153,858
$2,304
2012$55,022 + $95,820
$150,842
$2,333
2010$53,944 + $93,942
$147,886
$2,312
2009$53,669 + $93,462
$147,131
$2,229
2009$53,541 + $93,240
$146,781
$2,229
2008$52,617 + $91,630
$144,247
$2,150
2007$51,586 + $89,834
$141,420
$2,072

Listed 2024-07-03
$3,295,000
CRMLS
Sold 2021-10-01
$2,771,000
TheMLSCLAW

Net Operating Income: 95976.00

Electric: Standard
Electric Expense: 3600.00
Sewer: Water Sewer Expense: 3120.00

Year Built: 1947
Building Features: 1
Common Walls: No Common Walls
Property Age: 77
Levels or Stories: Two
Year Built Source: Public Records

Westminster Avenue Elementary School is a public elementary school located approximately 0.3 miles away.
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Mark Twain Middle School and World Languages Magnet is a public middle school located approximately 1.4 miles away.
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Venice Senior High School is a public high school located approximately 1.5 miles away.
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Acton Academy Venice Beach is a private elementary, middle and high school located approximately 0.6 miles away.
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Ecole Claire Fontaine is a private elementary school located approximately 0.6 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.