240 Hampton Dr Venice, CA 90291
Venice NeighborhoodEstimated payment $14,172/month
Highlights
- No HOA
- Laundry closet
- Front Yard
- Venice High School Rated A
- Central Air
About This Home
Located in the heart of Venice Beach, just moments from the beach, Venice Boardwalk, Main Street, and Rose Avenue, 240 Hampton Drive presents a rare multi-family opportunity on an oversized 6,422-square-foot lot. The property features 4 residential units within the main structure, along with a detached garage flex space (not a legal unit) with a bathroom and air conditioning. The main building comprises 2 two-bedroom units and 2 one-bedroom units, each offering air conditioning, individual laundry, generous storage, and bright, light-filled interiors. One of the two-bedroom units, currently serving as the owner’s unit, can be delivered vacant at close, creating an ideal opportunity for an investor or end-user looking to live on-site while benefiting from additional rental income. The detached garage flex space has been loosely converted into an office/lounge space and can also be delivered vacant at close. Ideally positioned just a few short blocks from the beach, the property offers convenient access to some of Venice’s most iconic destinations, including Gold’s Gym, Abbot Kinney, Rose Avenue, and the neighborhood’s shops and restaurants. With its prime location, versatile unit mix, and oversized lot, 240 Hampton Drive offers a compelling opportunity in one of Los Angeles’ most sought-after coastal communities.
* RENT ROLL: Unit 1 (2BD): $3,500/mo | Unit 2 (2BD): $3,500 - $4,000/mo projected rent — owner’s unit, can be delivered vacant at close | Unit 3 (1BD): $3,000/mo | Unit 4 (1BD): $2,700/mo | Garage Flex Space: Can be delivered vacant at close. Several of the rents are estimated to be under market. This is a legal Fourplex and should qualify for owner-occupied financing given 4 units and 1 of the units can be delivered vacant.
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Listing Agent
Compass Brokerage Phone: 310-901-8512 License #01295248 Listed on: 08/26/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1953
Lot Details
- 6,422 Sq Ft Lot
- No Common Walls
- Front Yard
Parking
- 6 Open Parking Spaces
- 4 Car Garage
- Parking Available
- Driveway
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 3,374 Sq Ft Home
- 2-Story Property
- Laundry closet
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Bathrooms
Utilities
- Cooling System Mounted To A Wall/Window
- Central Air
Listing and Financial Details
- Tax Lot 35
- Tax Tract Number 1
- Assessor Parcel Number 4286002007
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 3 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gross Income $152,400
- Net Operating Income $106,680
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $15,217 | $1,247,177 | $957,143 | $290,034 |
| 2025 | $15,217 | $1,222,724 | $938,376 | $284,348 |
| 2024 | $15,022 | $1,198,750 | $919,977 | $278,773 |
| 2023 | $14,740 | $1,175,246 | $901,939 | $273,307 |
| 2022 | $14,070 | $1,152,203 | $884,254 | $267,949 |
| 2021 | $13,888 | $1,129,612 | $866,916 | $262,696 |
| 2019 | $13,480 | $1,096,108 | $841,203 | $254,905 |
| 2018 | $13,341 | $1,074,616 | $824,709 | $249,907 |
| 2016 | $12,749 | $1,032,889 | $792,686 | $240,203 |
| 2015 | $12,565 | $1,017,375 | $780,780 | $236,595 |
| 2014 | $12,626 | $997,447 | $765,486 | $231,961 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/26/2026 08/26/26 | For Sale | $2,350,000 | 0.0% | $697 / Sq Ft |
| 11/06/2024 11/06/24 | Off Market | $3,000 | -- | -- |
| 10/11/2024 10/11/24 | For Rent | $3,000 | 0.0% | -- |
| 10/08/2024 10/08/24 | Off Market | $3,000 | -- | -- |
| 10/05/2024 10/05/24 | For Rent | $3,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Usa National Title Co | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $860,000 | Equity Title | |
| Quit Claim Deed | -- | Equity Title | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Quit Claim Deed | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $479,000 | New Conventional | |
| Closed | $500,000 | Credit Line Revolving | |
| Closed | $250,000 | Credit Line Revolving | |
| Closed | $510,000 | Purchase Money Mortgage |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB26181932
APN: 4286-002-007
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Ask me questions while you tour the home.