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$1,725,000   Price Analysis
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740-738 Brooks Ave
Venice, CA 90291
4 bed 3 bath 1,921 SqFt ($897/SqFt)
5,205SqFt lot. Built 1924
Listed 2024-05-14, Taxes $3,718
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Whether you're an investor seeking a profitable venture or a homeowner seeking a retreat to call your own

Ths property is an opportunity that cannot be overlooked. Situated in the heart of Oakwood and steps from Abbott Kinney, one of the most vibrant and sought-after neighborhoods in Venice, residents will enjoy the unique atmosphere and charm that the area offers. With its proximity to popular attractions, trendy restaurants, boutique shops and cultural hotspots, this location attracts a wide range of tenants/ homeowners seeking a vibrant and dynamic lifestyle.

This triplex consists of a 2-bedroom 1 bath house and a duplex with (2) one bedroom/one bath apartments. One apartment in the duplex will be delivered vacant which will provide for opportunities for the buyer to reposition the property. There is parking available for the new owner in the rear of the property as well a storage unit that was used by the owner as an art studio. This is a probate sale and is being sold as is, the seller will make no repairs. Seller will consider all offers.


Presented by Todd Wohl at
Premiere Estates International Real Estate.


Property MLS #SB24096707 from CRMLS

Bedrooms: 4

Laundry Features: Inside

Full Bathrooms: 3

Lot Description: 0-1 Unit/Acre
Lot Size Acres: 0.1194904
Lot Size Source: Assessor
Lot Size Square Feet: 5205

Parking Features: Parking YN: Yes, Parking Features: On Site

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

Rent Control: Yes

Community Features: Biking

Source Listing Status: Active
County: Los Angeles
Source Property Type: Residential Income
Area: C11 - Venice
Source Neighborhood: C11 - Venice
Number of Separate Electric Meters: 1
Number of Separate Gas Meters: 1
Number of Separate Water Meters: 2
Parcel Number: 4239013027
Postal Code Plus 4: 3425
Zoning: LARD1.5
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$183,963 + $108,524
$292,487
$3,718
2021$180,356 + $106,397
$286,753
$3,658
2020$178,507 + $105,307
$283,814
$3,689
2019$175,007 + $103,243
$278,250
$3,551
2018$171,576 + $101,219
$272,795
$3,467
2017$168,212 + $99,235
$267,447
$3,383
2016$164,914 + $97,290
$262,204
$3,289
2015$162,437 + $95,829
$258,266
$3,242
2014$159,256 + $93,952
$253,208
$3,272
2013$158,537 + $93,528
$252,065
$3,266
2012$155,429 + $91,695
$247,124
$3,307
2010$152,382 + $89,898
$242,280
$3,249
2009$151,604 + $89,439
$241,043
$3,130
2009$151,244 + $89,227
$240,471
$3,130
2008$148,632 + $87,686
$236,318
$3,002
2007$145,718 + $85,967
$231,685
$2,900

Price Changed 2024-08-06
$1,725,000
CRMLS
Price Changed 2024-06-05
$1,799,000
CRMLS
Listed 2024-05-14
$1,920,000
CRMLS
Sold 1986-12-02
$159,000
Public Record
Sold 1984-06-15
$96,000
Public Record
Sold 1982-11-12
$135,000
Public Record

Total Square Feet Living: 1921
Year Built: 1924
Building Features: 3
Common Walls: No Common Walls
Entry Level: 1
Entry Location: front
Property Age: 100
Levels or Stories: One
Building Total Stories: 1
Structure Type: Triplex
Year Built Source: Assessor

Sewer: Sewer: Public Sewer, Water Sewer Expense: 0.00
Water Source: Public

Broadway Elementary School is a public elementary school located approximately 0.2 miles away.
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Mark Twain Middle School and World Languages Magnet is a public middle school located approximately 1 miles away.
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Venice Senior High School is a public high school located approximately 1.2 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.