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$1530000   Price Analysis
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540 Grand Blvd
Venice, CA 90291
2 bed 2 bath 1473 SqFt ($1038/SqFt)
4500SqFt lot. Built 1947
Listed 2024-05-06, Taxes $1245
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Charming duplex in the heart of Venice!

* Has Contingent Offer *

Just minutes from Venice Beach, Abbot Kinney and the Venice Canals. This property is mde up of two 1 bed + 1 bath units featuring hardwood floors throughout, central A/C and Heat, in-unit laundry, 2 car garage.

The rear unit has a large private backyard with covered patio. Built in 1947, this property is under LARSO/LA City Rent Control. The property is well maintained and in fantastic condition .


Presented by Kacey Barnett at
Sail Realty.


Property MLS #24-388415 from TheMLSCLAW

Bedrooms: 2

Total Bathrooms: 2
Full Bathrooms: 2

Laundry Facilities: In Unit
Laundry Features: In Unit

Cooling Features: Central
Heating Features: Central

Flooring: Hardwood

Lot Size Acres: 0.1033058
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 4500

Garage Spaces: 2
Garage Description: Garage - 2 Car
Parking Total: 2

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 1
Number of Units: 2
Unit Features: 1 BedsTotal: 1, 1 BathsTotal: 1, 1 SquareFeet: 3500, 2 BedsTotal: 1, 2 BathsTotal: 1, 2 SquareFeet: 3800

Source Listing Status: Active Under Contract
County: Los Angeles
Cap Rate: 4.26
Directions: East on Windward Ave, Turn on Grand Blvd at traffic circle
Source Property Type: Residential Income
Area: Venice
Source Neighborhood: Venice
Parcel Number: 4238-019-009
Postal Code Plus 4: 4225
Zoning: LARD1.5
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$28155 + $54034
$82189
$1245
2021$27603 + $52975
$80578
$1220
2020$27320 + $52432
$79752
$1228
2019$26785 + $51404
$78189
$1189
2018$26260 + $50397
$76657
$1130
2017$25746 + $49409
$75155
$1110
2016$25242 + $48441
$73683
$1069
2015$24863 + $47714
$72577
$1056
2014$24376 + $46780
$71156
$1075
2013$24266 + $46569
$70835
$1070
2012$23791 + $45656
$69447
$1083
2010$23325 + $44761
$68086
$1076
2009$23207 + $44533
$67740
$1034
2009$23151 + $44427
$67578
$1034
2008$22752 + $43660
$66412
$998
2007$22306 + $42804
$65110
$963

Listed 2024-05-06
$1530000
TheMLSCLAW

Net Operating Income: 65246

Total Square Feet Living: 1473
Year Built: 1947
Common Walls: Attached
Levels: One Level
Living Area Source: Vendor Enhanced
Property Age: 77
Levels or Stories: 1
Building Total Stories: 1
Year Built Source: Vendor Enhanced

Other Equipment: Microwave, Range/Oven, Washer, Dryer, Refrigerator, Dishwasher

Westminster Avenue Elementary School is a public elementary school located approximately 0.4 miles away.
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Mark Twain Middle School and World Languages Magnet is a public middle school located approximately 1.3 miles away.
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Venice Senior High School is a public high school located approximately 1.4 miles away.
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Ecole Claire Fontaine is a private elementary school located approximately 0.6 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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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.