$2,750,000
Total Views 3,162
4 Beds
6 Baths
2,642 Sq Ft
$1,041 Price per Sq Ft

Highlights

  • Property has ocean access
  • In Ground Pool
  • Balcony
  • Coeur D'Alene Avenue Elementary School Rated A-
  • Engineered Wood Flooring
  • Open Patio

About This Home

4 unit Venice Beach Trophy property on a highly desirable, quiet walk street. Located just 100 yards from the nicest stretch of Venice Beach, this exceptional property represents a true opportunity in one of Southern California's most coveted coastal neighborhoods. Opportunities like this combining location, unit conditions, and income stability, with room for price appreciation, are exceedingly desirable. The property has been very well maintained with a desirable unit mix of two (2) spacious 2-bedroom units and two (2) studio units. There is also a spacious front patio common area for relaxing, sunbathing & entertaining. Each residence is equipped with its own in-unit washer and dryer, the 2-bedroom units each include two dedicated parking spaces, an invaluable amenity this close to the beach. All units are individually metered for gas and electricity, keeping operating expenses efficient and straightforward. The building falls under rent control, but all units are currently leased at healthy market rents, providing immediate, stable income with long-term upside. Just steps from the sand, dining, shopping, and the best of Venice living, yet tucked away on a peaceful walk street, this property offers the perfect balance of lifestyle, scarcity, and investment quality. Ideal for discerning investors seeking a low-maintenance, blue-chip coastal holding with enduring value.

Listing Agent

Robert Maschio

Compass License #02010887 Listed on: 03/03/2026

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965 | Remodeled

Lot Details

  • 2,641 Sq Ft Lot
  • South Facing Home
  • Gated Home

Home Design

  • Split Level Home
  • Flat Roof Shape
  • Slab Foundation
  • Stucco

Interior Spaces

  • 2,642 Sq Ft Home
  • 2-Story Property
  • Engineered Wood Flooring
  • Security Lights

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Brick Driveway
  • Shared Driveway

Pool

  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Balcony
  • Open Patio

Utilities

  • Radiant Heating System
  • Tankless Water Heater

Community Details

  • 4 Units
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 4226-015-014

Property Details

Home Type

Multi-Family

Year Built

Built in 1965 | Remodeled

Lot Details

2,641 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Advertising Remarks: 4 unit Venice Beach trophy property located on a quiet walk street just 100 yards from the nicest stretch of Venice Beach. This extremely well-maintained property features an ideal unit mix of two (2) 2-bedroom units and two (2) studio units. Each unit includes its own washer and dryer and is separately metered for gas and electricity. The 2-bedroom units each come with two dedicated parking spaces, a rare amenity this close to the beach. Rent-controlled building with all units currently leased at healthy market rents, providing stable income in one of the most sought-after coastal locations. Exceptional opportunity to own a blue-chip Venice multifamily asset steps from the sand.
  • Entry Location: Ground Level - no steps
  • Living Area: 2642
  • Lot Acreage: 0.0606
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1965
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Engineered Hardwood
  • Appliances: Oven-Gas, Cooktop - Gas, Oven
  • Bedrooms: 4
  • Laundry: In Unit
  • Total Bathrooms: 6.00
  • Equipment: Dishwasher, Refrigerator, Washer, Dryer, Range/Oven
  • Price Per S Q F T: 1040.88

Exterior Features

  • Direction Faces: South
  • Construction: Stucco
  • Other Features: Balcony
  • Other Structures: None
  • Foundation Details: Slab
  • Patio: Patio Open
  • Pool Description: Fenced
  • Pool: Yes
  • Roof: Flat

Garage/Parking

  • Other Spaces: 4
  • Parking Garage: Driveway - Brick, Parking Space, Shared Driveway
  • Total Parking: 4

Utilities

  • Water Heater: Tankless, Multi-Tank
  • Heating: Radiant
  • Security: Gated, Exterior Security Lights
  • Water Expense: 3000.00

Fee Information

  • Insurance Expense: 5000.00
  • Maintenance Expense: 2500.00

Lot Info

  • Assessed Improvement Percent: 20.41
  • Assessed Improvement Value: 568913
  • Assessed Land Percent: 79.59
  • Assessed Land Value: 2218765
  • Total Assessed Value: 2787678
  • Assessor Parcel Number: 4226-015-014
  • Lot Description: Exterior Security Lights, Fenced, Walk Street
  • Lot Location: Beach Access, Ocean Access
  • Lot Size Area: 2641

Rental Info

  • Lease Per Month Year: Full Term, Year
  • Owner Pays: Water
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 16.54
  • Number Of Units: 4
  • Rent Control: 100
  • Type Of Units: 2

Tax Info

  • Tax Expense: 32940.00

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2025 $33,158 $2,787,678 $2,218,765 $568,913
2024 $33,158 $2,733,018 $2,175,260 $557,758
2023 $32,510 $2,679,430 $2,132,608 $546,822
2022 $30,988 $2,626,893 $2,090,793 $536,100
2021 $30,614 $2,575,387 $2,049,798 $525,589
2020 $30,936 $2,549,780 $2,028,780 $521,000
2019 $29,691 $2,499,800 $1,989,000 $510,800
2018 $10,361 $841,730 $662,154 $179,576
2016 $9,897 $808,278 $636,443 $171,835
2015 $9,754 $796,138 $626,884 $169,254
2014 $9,806 $780,544 $614,605 $165,939
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/03/2026 03/03/26 For Sale $2,750,000 +12.2% $1,041 / Sq Ft
05/01/2018 05/01/18 Sold $2,450,000 0.0% $927 / Sq Ft View Prior Sale
09/18/2017 09/18/17 Off Market $2,450,000 -- --
08/28/2017 08/28/17 For Sale $2,500,000 -- $946 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Trustee Deed -- None Listed On Document
Grant Deed $2,450,000 Provident Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $635,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,837,500 Adjustable Rate Mortgage/ARM
Previous Owner $500,000 No Value Available
Source: Public Records

Source: The MLS

MLS Number: 26644109

The MLS

APN: 4226-015-014

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