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$1598000   Price Analysis
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712 Sunset Ave
Venice, CA 90291
3 bed 2 bath 1598 SqFt ($1000/SqFt)
4802SqFt lot. Built 1922
Listed 2024-05-20, Taxes $4220
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Your new investment property awaits!

Presenting two storybook private cottages exuding charm and character on a 4, 802-square-foot lot, conveniently located west of Lincoln near trendy Main Street and Rose Avenue. Just moments from the bustling Abbot Kinney and a short stroll to the beach, this property offers unparalleled access to Venice's dining, shopping and coastal activities. The front house is a delightful two-bedroom, one-bath cottage showcasing dramatic vaulted ceilings nd dark wooden beams contrasting beautifully with white walls, creating a vast and ethereal ambiance. Natural light streams in through a skylight, enhancing the inviting architectural design. The charming kitchen is bathed in natural light streaming through elegant white shutters, while the skylight pours in soft, radiant light, creating an ethereal ambiance with perfect luminosity. Speckled granite countertops meet antique white cabinetry with glass and mesh-screened doors, blending modern and traditional elements with elegance. The overall atmosphere exudes timeless warmth.

Hardwood floors, ample closet space and storage solutions make this cottage an ideal investment. The rear cottage is a cozy one-bedroom, one-bath retreat, surrounded by lush greenery and abundant outdoor space. Inside, the living and dining area radiates simplicity and charm with white wainscoted ceilings and walls, complemented by built-in cabinetry that exudes classic elegance. The generously sized bedroom continues this theme of timeless sophisticati on, with every corner of the home infused with warmth and character. This home blends elegance, comfort and charm, creating an inviting haven. This cottage also includes a sleek kitchen with a durable quartz countertop and all essential appliances, ensuring convenience and style. Additionally, a versatile back garage includes laundry facilities and space adaptable for a study or a personal retreat. The verdant garden oasis, with lush foliage and vibrant flowers, provides tranquil seating areas for relaxation or intimate gatherings. Both units boast hardwood flooring throughout, enhancing the aesthetic and comfort of the interiors. Practicality is key, with in-unit laundry, ample storage solutions and independent electric and gas meters for each cottage, promoting easy management. This unique, income-generating property captures the essence of Venice living, offering an irresistible lifestyle opportunity. Don't miss your chance to own this rare gem in one of the most coveted neighborhoods.


Presented by Rinde Philippe at
Berkshire Hathaway HomeServices.
Listing Agent Photo

Property MLS #24-393417 from TheMLSCLAW

Bedrooms: 3

Total Bathrooms: 2
Full Bathrooms: 2

Laundry Facilities: In Unit
Laundry Features: In Unit

Heating Features: Central

Covered Spaces: 1
Garage Description: Driveway, Garage Is Detached
Parking Total: 3
Covered Parking: Yes

Lot Size Acres: 0.1102388
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 4802

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 2
Number of Units: 2
Unit Features: 1 BedsTotal: 2, 1 BathsTotal: 1, 1 SquareFeet: 4500, 2 BedsTotal: 1, 2 BathsTotal: 1, 2 SquareFeet: 3500

Gross Income: 79872

Source Listing Status: Active
County: Los Angeles
Cap Rate: 3.8
Directions: West of Lincoln Blvd Between 7th Ave and Sunset Avenue
Source Property Type: Residential Income
Area: Venice
Source Neighborhood: Venice
Parcel Number: 4240-016-034
Postal Code Plus 4: 2735
Zoning: LARD1.5
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$124534 + $213978
$338512
$4220
2021$122093 + $209783
$331876
$4159
2020$120842 + $207632
$328474
$4199
2019$118473 + $203561
$322034
$4039
2018$116150 + $199570
$315720
$3990
2017$113873 + $195657
$309530
$3907
2016$111641 + $191821
$303462
$3807
2015$109965 + $188940
$298905
$3753
2014$107811 + $185239
$293050
$3779
2013$107324 + $184402
$291726
$3773
2012$105220 + $180787
$286007
$3823
2010$103157 + $177243
$280400
$3752
2009$102631 + $176337
$278968
$3612
2009$102387 + $175919
$278306
$3612
2008$100619 + $172880
$273499
$3462
2007$98647 + $169491
$268138
$3347

Price Changed 2024-06-26
$1598000
TheMLSCLAW
Price Changed 2024-06-13
$1675000
TheMLSCLAW
Listed 2024-05-20
$1725000
TheMLSCLAW
Sold 1985-11-06
$90000
Public Record

Net Operating Income: 60822

Total Square Feet Living: 1598
Year Built: 1922
Levels: One Level
Living Area Source: Vendor Enhanced
Property Age: 102
Year Built Source: Vendor Enhanced

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

Broadway 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 1.1 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 0.2 miles away.
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Acton Academy Venice Beach is a private elementary, middle and high school located approximately 0.2 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.