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$2799000   Price Analysis
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521 Venice Way
Venice, CA 90291
4 bed 5 bath 2673 SqFt ($1047/SqFt)
4493SqFt lot. Built 1947
Listed 2024-07-16, Taxes $10144
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Welcome to this FULLY FURNISHED and completely VACANT triplex in the vibrant neighborhood of Venice

California. This proprty offers the p erfect opportunity for an owner/user to generate income or an investor looking to rent all three units. Located in close proximity to the Venice Canals, the beach and all that Abbot Kinney Blvd has to offer - this is quintessential Venice living! The recently renovated 2 bed, 2.5 bath back unit lives like a single family townhome featuring dual en suites that provide ample space and privacy for residents and guests.

With vaulted bedroom ceilings and a private balcony, this 1200 sqft unit has an airy, open atmosphere. The two front units are 1 bed/1 bath bungalows each filled with sunlight and charm. All of the three units have upgraded appliances, their own washer/dryer and recently replaced gas lines and roof. The property has 5 car parking and beautifully landscaped shared outdoor space with an outdoor shower. Whether you're an owner/user or investor, this triplex presents unlimited opportunities!


Presented by Simon Mashian at
Christie's AKG.


Property MLS #24-415909 from TheMLSCLAW

Bedrooms: 4

Total Bathrooms: 5
Full Bathrooms: 5

Laundry Facilities: In Unit
Laundry Features: In Unit

Cooling Features: Window Unit(s)
Fireplace Features: Living Room
Heating Features: Central

Patio And Porch Features: Balcony
Patio Features: Balcony

Lot Description: Landscaped, Fenced, Fenced Yard, Front Yard, Alley Paved, Yard
Lot Size Acres: 0.1031451
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 4493

Garage Description: Assigned
Parking Total: 5

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 3
Number of Units: 3
Unit Features: 1 BedsTotal: 2, 1 BathsTotal: 2.5, 1 SquareFeet: 7500, 2 BedsTotal: 1, 2 BathsTotal: 1, 2 SquareFeet: 3500, 3 BedsTotal: 1, 3 BathsTotal: 1, 3 SquareFeet: 3500

Source Listing Status: Active
County: Los Angeles
Directions: West of Abbot Kinney, North of Venice Blvd.
Source Property Type: Residential Income
Area: Venice
Source Neighborhood: Venice
Parcel Number: 4238-019-020
Postal Code Plus 4: 4243
Property Location: City, Alley Access
Zoning: LARD1.5
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$346725 + $488890
$835615
$10144
2020$343170 + $483878
$827048
$10244
2019$336442 + $474391
$810833
$9842
2018$329846 + $465090
$794936
$9744
2017$323379 + $455971
$779350
$9535
2016$317039 + $447031
$764070
$9303
2015$312277 + $440317
$752594
$9168
2014$306160 + $431692
$737852
$9211
2013$304777 + $429741
$734518
$9206
2012$298801 + $421315
$720116
$9327
2010$290754 + $409967
$700721
$9131
2009$291445 + $410941
$702386
$8785
2008$285731 + $402884
$688615
$8408

Listed 2024-07-16
$2799000
TheMLSCLAW
Listing removed 2024-05-23
$0
TheMLSCLAW
Listed 2024-04-11
$2950000
TheMLSCLAW
Listing removed 2023-11-17
$0
TheMLSCLAW
Relisted 2023-11-15
$2999999
TheMLSCLAW
Listing removed 2023-10-09
$0
TheMLSCLAW
Price Changed 2023-08-24
$2999999
TheMLSCLAW
Listed 2023-08-02
$3099999
TheMLSCLAW

Total Square Feet Living: 2673
Year Built: 1947
Common Walls: Attached
Direction Faces: South
Levels: Multi Levels
Living Area Source: Vendor Enhanced
Property Age: 77
Property Condition: Updated/Remodeled
House Style: Bungalow
Year Built Source: Vendor Enhanced
Architectural Style: Bungalow

Other Equipment: Built-Ins, Dishwasher, Dryer, Microwave, Refrigerator, Range/Oven, Garbage Disposal, Washer
Security Features: Gated

Westminster Avenue Elementary School is a public elementary school located approximately 0.4 miles away.
directions icon Map directions

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.
directions icon Map directions

Acton Academy Venice Beach is a private elementary, middle and high school located approximately 0.6 miles away.
directions icon Map directions

Ecole Claire Fontaine is a private elementary school located approximately 0.6 miles away.
directions icon Map directions

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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.