$1,799,000
$251K PRICE DROP

Estimated payment $11,583/month

Total Views 4,093
4 Beds
6 Baths
2,980 Sq Ft
$604 Price per Sq Ft

Highlights

  • Wood Flooring
  • Venice High School Rated A
  • 4-minute walk to Windward Plaza

About This Home

Prime Venice Beach location with 6 total rental units! Introducing an incredible opportunity to own an investment property, nestled on a lovely walk street, just 1.5 blocks from the world-famous Venice Beach Boardwalk. Located between Speedway and Pacific Avenue, this pride-of-ownership asset has been in the same family for generations. The property consists of six units (4 one-bedrooms and 2 studios), offering a rare blend of timeless Craftsman character and income potential. A gated front yard (with astroturf and fencing) offers a great communal space for playing, relaxing and/or barbecuing. Located just one block from the beach and a short stroll to Abbot Kinney, the Venice Canals, and iconic local spots like Hotel Erwin, The Venice Whaler, Great White, Ospi, and Gjusta. There is tremendous potential for this property in the heart of Silicon Beach, the prime hotbed for technological and creative innovation.

Listing Agent

Dennis Hsii

Highland Premiere Real Estate License #01919746 Listed on: 04/04/2025

Co-Listing Agent

Vivian Yoon

Highland Premiere Real Estate License #01925833

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 2,634 Sq Ft Lot

Home Design

  • Split Level Home

Interior Spaces

  • 2,980 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 6 Bathrooms

Community Details

  • 2 Buildings
  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 4226-013-023

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 2980
  • Lot Acreage: 0.0605
  • Stories: 2
  • Year Built: 1912
  • Number Of Photos: 14
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 4
  • Total Bathrooms: 6.00
  • Price Per S Q F T: 603.69

Exterior Features

  • Other Structures: Other

Lot Info

  • Assessed Improvement Percent: 34.66
  • Assessed Improvement Value: 47795
  • Assessed Land Percent: 65.34
  • Assessed Land Value: 90106
  • Total Assessed Value: 137901
  • Assessor Parcel Number: 4226-013-023
  • Lot Size Area: 2634

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 23.87
  • Number Of Units: 6
  • Total Annual Expense: 26884
  • Type Of Units: Single
  • Vacancy Rate: no

Map

Range of Values:

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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 Change Sq Ft Price
07/02/2025 07/02/25 Price Changed $1,799,000 -12.2% $604 / Sq Ft
04/04/2025 04/04/25 For Sale $2,050,000 -- $688 / Sq Ft
Source: The MLS

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Source: The MLS

MLS Number: 25521353

The MLS