An investor's dream in the heart of Venice!

Discover this newly renovated quadplex on a 4, 999 sq ft lot, each unit offering 1 bed/1 bth. With already approved plans and RTI permits for a open 1, 200 sq ft, 3-bedroom second-floor unit, the upside potential here is unmatched. Three units are equipped with its own entrance from the outside, parking at the rear, separate gas and electric meters and laundry hookups. Nestled in a prime location a few blocks from Abbot Kinney Blvd, Rose Ave, Main St and Venice Beach. Its excellent location is perfectly positioned for an investor who wants a value-add property in a highly appreciating location. It truly doesn't get any better than this!

All units are currently occupied. Showings are available upon accepted offer.

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on 412 Brooks Ave
in Venice, CA
Presented by David Solomon at
Brentwood.


Property MLS #24-403103 from TheMLSCLAW

+ Reveal additional info including schools and tax history

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+ Bedrooms

Bedrooms: 4

+ Bathrooms

Total Bathrooms: 4
Full Bathrooms: 4

+ Heating and Cooling

Cooling Features: Wall Unit(s)
Heating Features: Wall

+ Land Info

Lot Size Acres: 0.1147612
Lot Size Source: Assessor
Lot Size Square Feet: 4999

+ Garage and Parking

Garage Description: Assigned
Parking Total: 4

+ Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

+ Multi-Unit Info

Number of Buildings: 1
Number of Units: 4
Unit Features: 1 BedsTotal: 1, 1 BathsTotal: 1, 2 BedsTotal: 1, 2 BathsTotal: 1, 3 BedsTotal: 1, 3 BathsTotal: 1, 4 BedsTotal: 1, 4 BathsTotal: 1

+ Other Property Info

Source Listing Status: Active
County: Los Angeles
Directions: Use Google maps
Source Property Type: Residential Income
Area: Venice
Source Neighborhood: Venice
Parcel Number: 4239-010-020
Postal Code Plus 4: 3088
Zoning: LARD1.5
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2022	$37,754 + $377,662 $415,416	$5,200
2021	$37,014 + $370,257 $407,271	$5,123
2020	$36,635 + $366,461 $403,096	$5,170
2019	$35,917 + $359,276 $395,193	$4,975
2018	$35,213 + $352,232 $387,445	$4,875
2017	$34,523 + $345,326 $379,849	$4,773
2016	$33,847 + $338,555 $372,402	$4,645
2015	$33,339 + $333,470 $366,809	$4,579
2014	$32,686 + $326,938 $359,624	$4,619
2013	$32,539 + $325,461 $358,000	$4,613
2012	$31,901 + $319,080 $350,981	$4,672
2010	$31,276 + $312,824 $344,100	$4,585
2009	$31,117 + $311,225 $342,342	$4,417
2009	$31,043 + $310,487 $341,530	$4,417
2008	$30,507 + $305,123 $335,630	$4,235
2007	$29,909 + $299,141 $329,050	$4,092

+ Reveal Property Sale History

Listed 2024-06-13
$2,699,000
TheMLSCLAW

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Sold 2022-03-31
$1,938,930
TheMLSCLAW

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Sold 1998-04-16
$276,500
Public Record

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Sold 1990-01-18
$375,000
Public Record

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Sold 1984-07-06
$100,000
Public Record

+ Commercial Info

Net Operating Income: 64178.73999999

+ Building and Construction

Total Square Feet Living: 2355
Year Built: 1964
Levels: One Level
Living Area Source: Assessor
Property Age: 60
Levels or Stories: 1
Building Total Stories: 1
Year Built Source: Assessor

+ Home Features

Other Equipment: Refrigerator, Range/Oven

+ Display Complete School Details

Westminster Avenue Elementary School is a public elementary school located approximately 0.1 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.
Map directions

Venice Senior High School is a public high school located approximately 1.6 miles away.
Map directions

Ecole Claire Fontaine is a private elementary school located approximately 0.2 miles away.
Map directions

Acton Academy Venice Beach is a private elementary, middle and high school located approximately 0.2 miles away.
Map directions