$2,850,000 Price Analysis   ♡   Venice, CA 90291 4 bed 4 bath 1,968 SqFt ($1448/SqFt) 2,641SqFt lot. Built 1938 Listed 2024-01-23, Taxes $17,034 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
This triplex
With a rich history as an investment property, presents an incredible opportunity for real estate buyers and investors. Two of the three units will be delivered VACANT! Situated steps away from the breathtaking shoreline, this vintage gem offers unrivaled views of the Pacific Ocean and Venice Beach from its impressive roof deck. One of the standout features of this lot is its highly valuable LAR3 zoning and three separate addresses (31, 33 and 33.5 ), opening up a world of possibilities for potential buyers. Whether you envision developing luxurious condos, utilizing it as an owner/user property or simply mai ntaining it as an income-producing investment, the choice is yours.
Its well-designed layout consists of two charming 1BR/1BA units, both located on the ground floor and a roomy 2BR/2BA unit with exclusive access to the 360-degree view rof deck (refer to floor plan pics for a closer look at the layouts of all three units). All residents can enjoy the shared open-air patio located behind the building. Each unit also comes with a dedicated one-car garage and the three-bay garage conveniently opens to the alley behind the building, ensuring easy access and parking. The property boasts several noteworthy amenities, including stainless-steel appliances, newer water heaters, a shared laundry room and secure code key gates. You'll also appreciate the proximity to the area's finest attractions, including world-class shopping and renowned restaurants along the iconic Abbot Kinney Boulevard. Immerse yourself in the vibrant Venice Beach community and embrace the California dream life.
Presented by Richard Schulman at
KW Advisors.
Property MLS #24-350423 from TheMLSCLAW
Full Bathrooms: 4
Laundry Features: Community
Heating Features: Central, Wall Electric
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 2641
Garage Description: Garage - 3 Car
Parking Total: 3
Other Equipment: Refrigerator, Washer, Built-Ins, Range/Oven, Dishwasher
Security Features: Gated
Calculated Total Monthly Association Fees: 0
Number of Units: 3
Unit Features: 1 BedsTotal: 1, 1 BathsTotal: 1, 1 SquareFeet: 3500, 2 BedsTotal: 1, 2 BathsTotal: 1, 2 SquareFeet: 3500, 3 BedsTotal: 2, 3 BathsTotal: 2, 3 SquareFeet: 6000
County: Los Angeles
Directions: East of Speedway, West of Pacific Ave
Source Property Type: Residential Income
Area: Venice
Source Neighborhood: Venice
Parcel Number: 4226-014-013
Postal Code Plus 4: 4381
Zoning: LAR3
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $445,945 + $991,702 $1,437,647 | $17,034 |
| 2021 | $437,201 + $972,257 $1,409,458 | $16,824 |
| 2020 | $432,719 + $962,288 $1,395,007 | $16,999 |
| 2019 | $424,235 + $943,420 $1,367,655 | $16,317 |
| 2018 | $415,917 + $924,922 $1,340,839 | $16,268 |
| 2017 | $407,762 + $906,787 $1,314,549 | $15,914 |
| 2016 | $399,767 + $889,007 $1,288,774 | $15,562 |
| 2015 | $393,763 + $875,654 $1,269,417 | $15,333 |
| 2014 | $386,050 + $858,502 $1,244,552 | $15,392 |
| 2013 | $384,306 + $854,623 $1,238,929 | $15,387 |
| 2012 | $278,800 + $621,200 $900,000 | $11,611 |
| 2010 | $350,000 + $780,000 $1,130,000 | $14,587 |
| 2009 | $367,495 + $817,236 $1,184,731 | $14,685 |
| 2009 | $350,000 + $780,000 $1,130,000 | $14,685 |
| 2008 | $360,290 + $801,212 $1,161,502 | $14,046 |
| 2007 | $353,226 + $785,502 $1,138,728 | $13,508 |
$0
TheMLSCLAW
Price Changed 2024-03-12
$2,850,000
TheMLSCLAW
Price Changed 2024-03-12
$2,850,000
TheMLSCLAW
Listed 2024-01-23
$2,950,000
TheMLSCLAW
Listed 2024-01-23
$2,950,000
TheMLSCLAW
Listing removed 2023-10-09
$0
TheMLSCLAW
Price Changed 2023-08-09
$3,195,000
TheMLSCLAW
Listed 2023-06-15
$3,295,000
TheMLSCLAW
Listing removed 2022-12-03
$0
TheMLSCLAW
Price Changed 2022-06-17
$3,295,000
TheMLSCLAW
Listing removed 2022-06-06
$0
TheMLSCLAW
Listed 2022-06-04
$3,450,000
TheMLSCLAW
Listed 2022-05-26
$3,450,000
TheMLSCLAW
Listing removed 2020-10-24
$2,400
TheMLSCLAW
Price Changed for rent 2020-10-05
$2,400
TheMLSCLAW
Listed for rent 2020-09-15
$2,500
TheMLSCLAW
Listing removed 2019-06-01
$0
TheMLSCLAW
Listed for rent 2019-05-15
$2,500
TheMLSCLAW
Listing removed 2013-04-11
$1,895
ITECH
Listed for rent 2013-03-21
$1,895
ITECH
Listing removed 2012-07-21
$3,495
ITECH
Listing removed 2012-07-21
$1,795
ITECH
Listing removed 2011-10-26
$1,695
ITECH
Listed for rent 2011-10-04
$1,795
ITECH
Listed for rent 2011-01-01
$3,495
ITECH
Listing removed 2010-11-06
$1,695
TheMLSCLAW
Listed for rent 2010-10-26
$1,695
ITECH
Listed for rent 2010-10-26
$1,695
TheMLSCLAW
Listing removed 2008-09-28
$499,000
ITECH
Sold 2004-11-09
$1,080,000
ITECH
Listed 2004-08-17
$1,099,000
ITECH
Sold 2003-08-16
$860,000
ITECH
Listed 2003-06-13
$899,900
ITECH
Sold 1999-03-11
$440,000
ITECH
Listed 1998-08-11
$475,000
ITECH
Listed 1998-07-30
$499,000
ITECH
Sold 1992-11-06
$296,000
Public Record
Year Built: 1938
Common Walls: Attached
Levels: Multi Levels
Living Area Source: Vendor Enhanced
Property Age: 86
Levels or Stories: 2
Building Total Stories: 2
House Style: Traditional
Year Built Source: Vendor Enhanced
Architectural Style: Traditional
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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.