$3,125,000
$265K PRICE DROP

1411 Innes Place Unit 5 Los Angeles, CA 90291

Venice Neighborhood

Estimated payment $19,628/month

Total Views 3,766
10 Beds
5 Baths
4,032 Sq Ft
$775 Price per Sq Ft

About This Home

Well maintained two-story 5-unit apartment near Venice Beach. The property consists of four 2+1 and one 2+1.75 units. New roof, electrical main panel and water heaters. Units 1, 2 and 5 have been renovated and Unit 4 is being renovated, which can be delivered vacant. Great location with high rental demand area and stable income stream.

Listing Agent

Kimiyasu Murayoshi

Andrew C. Lee License #01329437 Listed on: 06/18/2025

Co-Listing Agent

Andrew Lee

Andrew C. Lee License #01046440

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Home Design

  • Split Level Home

Interior Spaces

  • 4,032 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Bathrooms

Parking

  • 4 Parking Spaces
  • Assigned Parking

Additional Features

  • 4,000 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 4238-011-015

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 4032
  • Lot Acreage: 0.0918
  • Stories: 2
  • Year Built: 1958
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 10
  • Total Bathrooms: 5.00
  • Equipment: Microwave, Garbage Disposal, Dishwasher, Refrigerator, Range/Oven
  • Price Per S Q F T: 775.05

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 4

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 30.00
  • Assessed Improvement Value: 1039359
  • Assessed Land Percent: 70
  • Assessed Land Value: 2425172
  • Total Assessed Value: 3464531
  • Assessor Parcel Number: 4238-011-015
  • Lot Size Area: 4000

Rental Info

  • Total Actual Rent: 200952.00

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 16.74
  • Number Of Units: 5
  • Type Of Units: 2+1

Map

Range of Values:

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Value Increase
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Percent Increase
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2025 11/19/25 Price Changed $3,125,000 +1.6% $775 / Sq Ft
11/19/2025 11/19/25 Price Changed $3,075,000 -9.3% $763 / Sq Ft
06/18/2025 06/18/25 For Sale $3,390,000 -- $841 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 25554049

The MLS
California Los Angeles County Los Angeles 90291 Venice

1411 Innes Place Unit 5, Los Angeles, CA

For Sale

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Kimiyasu Murayoshi
Listing Agent
Kimiyasu Murayoshi
Section Image
Andrew C. Lee
(310) 340-7821