$1,800,000
SOLD APR 24, 2025
8 Beds
4 Baths
3,192 Sq Ft
5,660 Sq Ft Lot

Recently Sold

$564 Per Sq Ft

10% Below List Price

129 Days on Market

Highlights

  • No HOA
  • Balcony
  • Tankless Water Heater
  • Broadway Elementary Rated A
  • Laundry Room
  • Tile Flooring

About This Home

As of April 2025

BACK ON THE MARKET / This is the ultimate investment opportunity just minutes from the iconic Venice Beach Boardwalk! Whether you’re an investor or developer with a vision, this rare triplex is a dream come true. Live in one unit and rent out the others, or reimagine the property entirely—one of the three units can be delivered vacant. unit #1 witch is the biggest unit of the three.
The property sits on a generous 5,658 sqft lot zoned R1.5, offering ample room for additional units, 2 ADU or redevelopment. The expansive backyard doubles as parking space, fitting 6-8 cars—perfect for tenants or guests in this high-demand area. Recent upgrades include, updated electrical panels, recessed lighting, and a 10 year roof, giving you peace of mind and saving on renovation costs.
The first unit boasts 3 spacious bedrooms and 2 bathrooms, offering a comfortable layout for families or roommates. The second unit features 2 bedrooms and 1 bathroom, ideal for smaller households or individuals. The third unit includes 3 bedrooms and 1 bathroom, providing versatility and rental income potential.
Don’t miss out on this opportunity to own a property in one of LA's hottest locations, just steps from the beach, restaurants, and vibrant local culture. Whether you’re looking to add value with new units or enjoy the income from an existing rental, this Venice Beach triplex has limitless potential!

Last Agent to Sell the Property

Esteban Federovsky

Keller Williams VIP Properties Brokerage Phone: 818-917-2414 License #01962657 Listed on: 10/03/2024

Keller Williams VIP Properties

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 5,660 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Block Wall Fence
  • Density is up to 1 Unit/Acre

Home Design

  • Triplex
  • Entry on the 1st floor
  • Cosmetic Repairs Needed
  • Shingle Roof

Interior Spaces

  • 3,192 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Gas Oven
  • Laundry Room

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • Carport
  • Public Parking
  • Driveway
  • On-Street Parking

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Central Heating
  • Tankless Water Heater

Listing and Financial Details

  • Legal Lot and Block 3 / E
  • Tax Tract Number 1
  • Assessor Parcel Number 4239003003
  • $477 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Recreation

  • Water Sports
  • Bike Trail

Building Details

  • 3 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Water Sewer Expense $150
  • Gross Income $156,000
  • Net Operating Income $147,900

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Water Sewer Expenses: 150.00
  • Zoning: LARD1.5
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 4239003003
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 563.91
  • Room Type: Family Room, Kitchen

Exterior Features

  • Fence: Yes
  • Fencing: Block, Wood
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Parking Features: Carport, Driveway, Private, Public, Street

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Tankless Water Heater
  • Electric: 220V Other - See Remarks
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Watersports, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5660.00
  • Lot Size Acres: 0.1299

Multi Family

  • Gross Income: 156000.00
  • Gross Scheduled Income: 156000.00
  • Lot Size Area: 5660.0000 Square Feet
  • Net Operating Income: 147900.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Patio: 2
  • Operating Expense: 6300.00
  • Rent Control: Yes

Tax Info

  • Tax Block: E
  • Tax Census Tract: 2732.00
  • Tax Lot: 3
  • Tax Tract Number: 1
  • TaxOtherAnnualAssessmentAmount: 477.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2024
Closed on
Apr 21, 2025
Sold by
Gonzalez-De Leon Family Trust and Gonzalez Romeo
Bought by
Weber Alon
Seller's Agent
Esteban Federovsky
Keller Williams VIP Properties
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$1,990,000
Sold Price
$1,800,000
Premium/Discount to List
-$190,000
-9.55%
Views
22
Current Estimated Value
$1,830,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,279
Avg. Annual Appreciation
2.73%

Purchase Details

Closed on
Oct 1, 2024
Sold by
Gonzalez Romeo
Bought by
Gonzalez-De Leon Family Trust and Gonzalez

Purchase Details

Closed on
Apr 24, 2012
Sold by
Deleon Jose Anibal
Bought by
Gonzalez Romeo

Purchase Details

Closed on
Mar 15, 2011
Sold by
Gonzalez Romeo
Bought by
Deleon Jose Anibal

Purchase Details

Closed on
Mar 16, 2005
Sold by
Gonzalez Julia Elizabeth
Bought by
Gonzalez Romeo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
5.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2001
Sold by
Gonzalez Romeo and Gonzalez Julia Elizabeth
Bought by
Gonzalez Romeo and Gonzalez Julia Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$454,750
Interest Rate
7.99%

Purchase Details

Closed on
Jan 22, 2000
Sold by
Gonzalez Romeo and Gonzalez Julia
Bought by
Gonzalez Romeo and Gonzalez Julia Elizabeth
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,800,000 None Listed On Document
Deed -- None Listed On Document
Grant Deed -- None Available
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- Ticor Title Co Of California
Interfamily Deed Transfer -- Gateway Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $700,000 New Conventional
Previous Owner $454,750 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2025 04/24/25 Sold $1,800,000 -9.5% $564 / Sq Ft
02/09/2025 02/09/25 Pending -- -- --
01/28/2025 01/28/25 For Sale $1,990,000 0.0% $623 / Sq Ft
11/28/2024 11/28/24 Pending -- -- --
10/03/2024 10/03/24 For Sale $1,990,000 -- $623 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

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 $14,656 $1,800,000 $1,620,000 $180,000
2024 $14,656 $1,182,159 $825,052 $357,107
2023 $14,378 $1,158,980 $808,875 $350,105
2022 $13,718 $1,136,256 $793,015 $343,241
2021 $13,539 $1,113,977 $777,466 $336,511
2019 $13,137 $1,080,938 $754,407 $326,531
2018 $13,033 $1,059,744 $739,615 $320,129
2016 $12,450 $1,018,595 $710,896 $307,699
2015 $12,269 $1,003,296 $700,218 $303,078
2014 $12,322 $983,644 $686,502 $297,142
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24203367

California Regional Multiple Listing Service (CRMLS)

APN: 4239-003-003