$2,850,000
SOLD MAY 21, 2025
14 Beds
9 Baths
5,608 Sq Ft
5,667 Sq Ft Lot

Recently Sold

$508 Per Sq Ft

5% Below List Price

135 Days on Market

About This Home

As of May 2025

PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT LISTING TEAM FOR DETAILS. We are pleased to offer for sale a 5-unit apartment community located at 614 6th Avenue in Venice, California. The subject property is located south of Rose Avenue and North of Venice Boulevard, within minutes of vibrant restaurants, cafes, bars, yoga studios, grocery stores, gyms, and entertainment options. Situated on a 5,667 square foot parcel, the property is made up of one two-bedroom unit and four three-bedroom units. Interiors feature in-unit washer/dryers in all units except Unit 5, and four of the units have gated on-site parking. There is potential to add a fifth parking space by modifying the gate post - buyer to verify.614 6th Avenue offers investors the opportunity to acquire a stabilized property in a prime Venice location. The neighborhood's proximity to some of Los Angeles's best bars and restaurants will support continued rent growth for a new investor who is looking for stable returns and long-term growth potential. *A Brand New Roof was Installed (2025) and the Electrical Sub-Panels and Main Panel have been Replaced and Upgraded (2025) Providing an Excellent Physical Plant for New Ownership. Select Units have Stainless Steel Kitchen Appliances, In Unit Washers/Dryers, New Paint, Upgraded Kitchens & Finishes

Last Agent to Sell the Property

Sean Rosenzweig

Marcus & Millichap License #01406343 Listed on: 04/07/2025

Last Buyer's Agent

Sean Rosenzweig

Marcus & Millichap License #01406343 Listed on: 04/07/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 5,667 Sq Ft Lot

Interior Spaces

  • 5,608 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 9 Bathrooms

Parking

  • 4 Parking Spaces
  • Gated Parking

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 4240-013-004

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 5608
  • Lot Acreage: 0.1300
  • Stories: 2
  • Year Built: 1964
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 14
  • Total Bathrooms: 9.00
  • Price Per S Q F T: 526.03

Exterior Features

  • Other Structures: Other

Garage/Parking

  • Parking Garage: Gated
  • Total Parking: 4

Lot Info

  • Assessed Improvement Percent: 37.17
  • Assessed Improvement Value: 289658
  • Assessed Land Percent: 62.83
  • Assessed Land Value: 489527
  • Total Assessed Value: 779185
  • Assessor Parcel Number: 4240-013-004
  • Lot Size Area: 5667

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 11.67
  • Number Of Units: 5
  • Total Annual Expense: 75798
  • Type Of Units: Residential
  • Vacancy Rate: 0

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
05/21/2025 05/21/25 Sold $2,850,000 0.0% $508 / Sq Ft
04/02/2025 04/02/25 Pending -- -- --
03/31/2025 03/31/25 Off Market $2,850,000 -- --
01/17/2025 01/17/25 Price Changed $2,950,000 -1.5% $526 / Sq Ft
11/18/2024 11/18/24 For Sale $2,995,000 -- $534 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-464713

The MLS