$2,900,000
$600K PRICE DROP

Estimated payment $18,273/month

Total Views 4,386
6 Beds
4 Baths
2,160 Sq Ft
$1,343 Price per Sq Ft

Highlights

  • Midcentury Modern Architecture
  • Living Room with Fireplace
  • Laundry Room
  • Venice High School Rated A
  • Community Fire Pit
  • 4-minute walk to Venice Beach Playground

About This Home

Great Duplex 1/2 Block from the sand on a Walk Street in Venice. Each unit is 3 + 2 + private fenced yard for each unit. Possible potential for 1 or 2 ADU's (see attached Doc for estimate). Owner may carry first, call to discuss terms. Rare opportunity to own in the highly desirable Silicon Beach. Both units sold fully furnished, ready to make money as Airbnb. There is a one-car garage with extra parking.Room to build larger garage, or ADU, or tear down garage for more parking. Lots of room to expand, this building does not max out the lot. Property is fully fenced and gated and each unit has its own private fenced yard area. Both units have washer dryers inside unit, fridge, stoves, micros. Both units have fireplaces. Owner is a licensed real estate broker. If units were updated higher rents possible.

Listing Agent

Robert Hurwitz

Hurwitz James Company License #00526195 Listed on: 01/13/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $26,526

Year Built

  • Built in 1963

Lot Details

  • 3,225 Sq Ft Lot
  • South Facing Home
  • Gated Home

Parking

  • 2 Open Parking Spaces
  • 1 Car Garage
  • 2 Carport Spaces
  • Driveway

Home Design

  • Midcentury Modern Architecture
  • Split Level Home
  • Asphalt Roof

Interior Spaces

  • 2,160 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Laminate Flooring

Kitchen

  • Oven or Range
  • Gas Cooktop
  • <<microwave>>
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units
  • Community Fire Pit

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 4286-020-016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$26,526

Year Built

Built in 1963

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Style: Mid-Century
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Advertising Remarks: Great Duplex 1/2 Block from the sand on a Walk Street in Venice. OWNER MAY CARRY FIRST; Call re terms. ADU may be possible resulting in additional rental income. Rare opportunity to own in the highly desirable Silicon Beach. Both units sold fully furnished, ready to make money as Airbnb. There is a one-car garage with extra parking, or room to build larger garage, or an ADU, see attached photos of potential ADU rednering. Lots of room to expand, this building does not max out the lot. Property is fully fenced and gated and each unit has its own private fenced yard area. Both units have washer dryers inside unit, fridge, stoves, micros. Both units have fireplaces. Owner is a licensed real estate broker.
  • Alley: Yes
  • Living Area: 2160
  • Stories: 2
  • Year Built: 1963
  • Number Of Photos: 25
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Carpet: 0
  • Number Dishwasher: 1
  • Number Disposal: 2
  • Number Range: 2
  • Number Refrigerator: 2
  • Fireplace Rooms: Gas, Living Room
  • Flooring: Laminate
  • Appliances: Cooktop - Gas, Microwave, Electric
  • Bedrooms: 6
  • Laundry: Inside
  • Laundry Equipment: Own
  • Total Bathrooms: 4.00
  • Equipment: Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Ice Maker, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 1342.59

Exterior Features

  • Direction Faces: South
  • Other Structures: None
  • Number Patio: 2
  • Pool: No
  • Roof: Asphalt
  • Spa Yn: No
  • View: No

Garage/Parking

  • Carport Spaces: 2
  • Garage Spaces: 1
  • Other Spaces: 2
  • Covered Parking: 1
  • Parking Garage: Driveway - Combination, Garage - 1 Car
  • Total Parking: 3

Utilities

  • Heating: Wall Gas
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Security: Gated
  • Water Heaters: Yes

Association/Amenities

  • Amenities: Fire Pit

Lot Info

  • Assessor Parcel Number: 4286-020-016
  • Lot Size Area: 3225

Rental Info

  • Number Leased: 2
  • Total Actual Rent: 126000.00
  • Owner Pays: Water
  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 23.00
  • Number Of Units: 2
  • Total Annual Expense: 30640
  • Type Of Units: Garden
  • Vacancy Allow Percent: 0.00
  • Vacancy Rate: 0

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

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
2024 $26,526 $2,186,997 $1,530,244 $656,753
2023 $26,009 $2,144,116 $1,500,240 $643,876
2022 $24,791 $2,102,075 $1,470,824 $631,251
2021 $24,491 $2,060,859 $1,441,985 $618,874
2019 $23,751 $1,999,735 $1,399,216 $600,519
2018 $23,674 $1,960,526 $1,371,781 $588,745
2016 $22,653 $1,884,398 $1,318,514 $565,884
2015 $22,318 $1,856,093 $1,298,709 $557,384
2014 $16,662 $1,350,000 $1,024,100 $325,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2025 05/26/25 Price Changed $2,900,000 0.0% $1,343 / Sq Ft
05/14/2025 05/14/25 Price Changed $2,900,000 -9.2% $1,343 / Sq Ft
04/07/2025 04/07/25 Price Changed $3,195,000 0.0% $1,479 / Sq Ft
04/07/2025 04/07/25 Price Changed $3,195,000 -8.7% $1,479 / Sq Ft
01/13/2025 01/13/25 For Sale $3,500,000 0.0% $1,620 / Sq Ft
01/13/2025 01/13/25 For Sale $3,500,000 0.0% $1,620 / Sq Ft
12/26/2023 12/26/23 Rented $5,400 0.0% --
12/14/2023 12/14/23 Price Changed $5,400 -8.5% $5 / Sq Ft
10/11/2023 10/11/23 Price Changed $5,900 -1.7% $5 / Sq Ft
09/08/2023 09/08/23 Price Changed $6,000 -7.7% $6 / Sq Ft
08/17/2023 08/17/23 For Rent $6,500 +32.7% --
01/02/2018 01/02/18 Rented $4,900 -5.8% --
08/11/2017 08/11/17 For Rent $5,200 -- --
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Accommodation
Grant Deed $1,665,000 Alliance Title
Grant Deed -- --
Interfamily Deed Transfer -- First American Title Ins Co
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,332,000 Purchase Money Mortgage
Previous Owner $700,000 Unknown
Previous Owner $500,000 No Value Available
Source: Public Records

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Source: The MLS

MLS Number: 25-481509

The MLS

APN: 4286-020-016