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$1800000   Price Analysis
Agent Details  share icon     map icon  QR
1201 Venice Blvd
Venice, CA 90291
10 bed 8 bath 5857 SqFt ($307/SqFt)
6111SqFt lot. Built 1956
Listed 2024-05-07, Taxes $16930
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Back on Market!

* Has Contingent Offer *

Huge Price Reductin. Take another look! Great bread and butter apartment on Venice Blvd east of Lincoln. HUGE upside potential. Soft story remediation has already been done with Certificate of Completion available.

Excellent unit mix. Some units have been updated. Buyer to cooperate in Sellers 1031 exchange at no cost to buyer.


Presented by Jack Davis at
RE/MAX Estate Properties.


Property MLS #24-389117 from TheMLSCLAW

Bedrooms: 10

Total Bathrooms: 8
Full Bathrooms: 8

Laundry Facilities: Community
Laundry Features: Community

Heating Features: Wall

Flooring: Mixed

Covered Spaces: 5
Garage Description: Carport, Covered Parking
Parking Total: 5

Lot Size Acres: 0.1402893
Lot Size Source: Assessor
Lot Size Square Feet: 6111

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 1
Number of Units: 8
Unit Features: 1 BedsTotal: 2, 1 BathsTotal: 1.5, 1 SquareFeet: 3200, 2 BedsTotal: 1, 2 BathsTotal: 1, 2 SquareFeet: 3000, 3 BathsTotal: 1, 3 SquareFeet: 1800, 4 BedsTotal: 1, 4 BathsTotal: 1, 4 SquareFeet: 2500, 5 BedsTotal: 2, 5 BathsTotal: 1.5, 5 SquareFeet: 3200, 6 BedsTotal: 1, 6 BathsTotal: 1, 6 SquareFeet: 2500, 7 BedsTotal: 1, 7 BathsTotal: 1, 7 SquareFeet: 2500, 8 BedsTotal: 2, 8 BathsTotal: 1, 8 SquareFeet: 3000

Source Listing Status: Active Under Contract
County: Los Angeles
Directions: East side of street, 1 1/2 blocks east of Lincoln Blvd
Source Property Type: Residential Income
Area: Venice
Source Neighborhood: Venice
Parcel Number: 4242-030-002
Postal Code Plus 4: 5065
Zoning: LAR4
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$404790 + $946884
$1351674
$16930
2021$396853 + $928318
$1325171
$16703
2020$392784 + $918800
$1311584
$16864
2019$385083 + $900785
$1285868
$16223
2018$377533 + $883123
$1260656
$16108
2017$370131 + $865807
$1235938
$15730
2016$362874 + $848831
$1211705
$15339
2015$357424 + $836081
$1193505
$15124
2014$350423 + $819704
$1170127
$15218
2013$348840 + $816000
$1164840
$15202
2012$342000 + $800000
$1142000
$15401
2010$247042 + $77165
$324207
$4976
2009$245779 + $76771
$322550
$4804
2009$245196 + $76589
$321785
$4804
2008$240960 + $75266
$316226
$4631
2007$236236 + $73791
$310027
$4471

Price Changed 2024-06-25
$1800000
TheMLSCLAW
Listed 2024-05-07
$2500000
TheMLSCLAW
Listing removed 2020-04-09
$0
TheMLSCLAW
Listed 2019-08-26
$2500000
TheMLSCLAW
Listing removed 2016-05-15
$3030
Rentlingo
Listed for rent 2016-05-07
$3030
Rentlingo
Listing removed 2015-04-01
$1850000
TheMLSCLAW
Listed 2015-03-26
$1850000
TheMLSCLAW
Sold 2011-08-26
$1142000
ITECH
Listing removed 2011-08-23
$1249000
TheMLSCLAW
Listed 2011-06-06
$1249000
ITECH
Listed 2011-06-06
$1249000
TheMLSCLAW
Listing removed 2007-10-16
$1495000
ITECH
Listed 2007-04-12
$1495000
ITECH
Sold 1977-04-14
$180000
Public Record
Sold 1976-07-13
$133000
Public Record

Net Operating Income: 34790

Total Square Feet Living: 5857
Year Built: 1956
Direction Faces: South
Levels: Two Level
Living Area Source: Assessor
Property Age: 68
Property Condition: Repair Cosmetic
Roof: Asphalt
Levels or Stories: 2
Building Total Stories: 2
House Style: Traditional
Year Built Source: Vendor Enhanced
Architectural Style: Traditional

Sewer: In Connected and Paid

Other Equipment: Range/Oven

Mark Twain Middle School and World Languages Magnet is a public middle school located approximately 0.4 miles away.
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Venice Senior High School is a public high school located approximately 0.4 miles away.
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Beethoven Street Elementary School is a public elementary school located approximately 0.7 miles away.
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Acton Academy Venice Beach is a private elementary, middle and high school located approximately 0.1 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.