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$3,600,000   Price Analysis
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515 Rose Ave
Venice, CA 90291
8 bed 6 bath 5,636 SqFt ($638/SqFt)
6,124SqFt lot. Built 1947
Listed 2024-05-25, Taxes $27,581
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Welcome to this Historic 6 unit building known as the Morris Abrams Chateau Des Roses.

* Sale Pending *

These units have a 2- 2 bedrooms and 1 bath and 4- 1 bedroom and 1 bath, Located in the heart of Venice Beach, surrounded by Restaurants, Shops and entertainment and 7 blocks to the Beach.

Might be possible this property has a permanent Certificate f Exemption from the Rent Stabilization Ordinance.


Presented by Maggie Monge at
Maggie Monge Broker.


Property MLS #RS24103133 from CRMLS

Bedrooms: 8

Balcony
Ceiling Fan(s)
Ceramic Counters
Copper Plumbing Partial
Crown Molding
Living Room Balcony
Flooring: Tile, Wood
Window Features: Wood Frames

Appliances: Gas Oven, Gas Water Heater
Appliances YN: Yes
Laundry Features: Washer Hookup

All Bedrooms Down

Full Bathrooms: 6

Heating Features: Wall Furnace
Heating: Yes

Fencing: Fence YN: Yes, Fencing: Wrought Iron
Road Frontage Type: City Street
Road Surface Type: Alley Paved, Paved

Lot Description: 6-10 Units/Acre
Lot Size Acres: 0.1405877
Lot Size Source: Assessor
Lot Size Square Feet: 6124

Garage Spaces: 5
Parking Features: Parking Features: Garage - Single Door, Street
Parking Total: 5

View: City Lights

Number of Units: 6
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Bedrooms in Unit-5: 1
Bedrooms in Unit-6: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-5: 1
Total Bathrooms in Unit-6: 1
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 1
Unit-4 Garage Spaces: 1
Unit-5 Garage Spaces: 1
Unit-6 Garage Spaces: 1

Calculated Total Monthly Association Fees: 0

Number of Units Leased: 5
Tenant Pays: Cable TV, Electricity, Gas

Community Features: Biking, Curbs, Dog Park, Fishing, Sidewalks, Street Lights

Annual Tax Amount: 28848.00
Source Listing Status: Pending
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 5960.00
Area: C11 - Venice
Source Neighborhood: C11 - Venice
Number of Separate Electric Meters: 6
Number of Separate Gas Meters: 6
Number of Separate Water Meters: 1
Parcel Number: 4240005001
Postal Code Plus 4: 2680
Trash Expense: 5616.00
Walk Score: 93
Zoning: LAC4
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$412,226 + $1,855,020
$2,267,246
$27,581
2021$404,144 + $1,818,648
$2,222,792
$27,182
2020$175,922 + $315,997
$491,919
$6,957
2019$172,473 + $309,801
$482,274
$6,718
2018$169,092 + $303,727
$472,819
$6,598
2017$165,777 + $297,772
$463,549
$6,428
2016$162,527 + $291,934
$454,461
$6,230
2015$160,086 + $287,549
$447,635
$6,149
2014$156,951 + $281,917
$438,868
$6,208
2013$156,242 + $280,643
$436,885
$6,193
2012$153,179 + $275,141
$428,320
$6,271
2010$150,176 + $269,747
$419,923
$6,083
2009$149,409 + $268,368
$417,777
$5,868
2009$149,054 + $267,731
$416,785
$5,868
2008$146,480 + $263,106
$409,586
$5,643
2007$143,608 + $257,948
$401,556
$5,449

Listed 2024-05-25
$3,600,000
CRMLS
Listing removed 2022-12-10
$0
CRMLS
Price Changed 2022-09-26
$3,750,000
CRMLS
Price Changed 2022-07-23
$3,950,000
CRMLS
Price Changed 2022-07-02
$4,100,000
CRMLS
Listed 2022-06-08
$4,250,000
CRMLS
Sold 1983-08-01
$152,500
Public Record
Sold 1979-12-03
$200,000
Public Record

Net Operating Income: 155904.00

Total Square Feet Living: 5636
Year Built: 1947
Building Features: 2
Common Walls: No Common Walls
Entry Level: 1
Entry Location: 1
Property Age: 77
Roof: Rolled/Hot Mop, Shingle
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Apartment
House Style: French
Year Built Source: Assessor

32 Inch Or More Wide Doors
48 Inch Or More Wide Halls
Entry Slope Less Than 1 Foot

Sewer: Sewer: Public Sewer, Water Sewer Expense: 6000.00
Electricity Available
Electricity Connected
Natural Gas Available
Natural Gas Connected
Sewer Available
Sewer Connected
Water Source: Public

Westminster Avenue Elementary School is a public elementary school located approximately 0.5 miles away.
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Mark Twain Middle School and World Languages Magnet is a public middle school located approximately 1.5 miles away.
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Venice Senior High School is a public high school located approximately 1.7 miles away.
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Acton Academy Venice Beach is a private elementary, middle and high school located approximately 0.3 miles away.
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Ecole Claire Fontaine is a private elementary school located approximately 0.3 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.