16 Thornton Avenue
16 Thornton Avenue
$5,850,000
3
17
9,546
9,546
$613
Sold 11/18/19
Description
A once in a lifetime opportunity to own a part of Venice history. Built 1913 and renovated in 2019, This 18-unit apartment building is right off the ocean. On the corner of Speedway and Thornton, many of the units have beautiful ocean views. This building comes with the charm you will only find in a few buildings left in Venice of this age. 7 units will be delivered vacant. The above rents only reflect tenant-occupied units. Huge upside in rents!A once in a lifetime opportunity to own a part of Venice history. Built 1913 and renovated in 2019, This 18-unit apartment building is right off the ocean. On the corner of Speedway and Thornton, many of the units have beautiful ocean views. This building comes with the charm you will only find in a few buildings left in Venice of this age. 7 units will be delivered vacant. The above rents only reflect tenant-occupied units. Huge upside in rents!
Property Details for 16 Thornton Avenue
Zoning
LARD1.5
Parcel Number4286024001
Total Units18.0
Living Area9546
Source Living AreaVendor Enhanced
AreaVenice (C11)
Vacancy Rate39
Lot Size Area3597
Location
LISTING UPDATED: 11/18/2019 05:28 PM
Property Details for 16 Thornton Avenue
Status | Sold |
---|---|
MLS # | 19-507968 |
Days on Market | 47 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1913 |
Lot Size | 0.08 AC / 3,597 SF |
County | Los Angeles County |
Building
Location
Building Information for 16 Thornton Avenue
Stories4Residences-Year Built1913Building Size-Lot Size0.08 AC / 3,597 SF
Payment Calculator
$38,185 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 16 Thornton Avenue
Property History for 16 Thornton Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 16 Thornton Avenue
Taxable ValueLand$5,413,569Additions$735,824Total$6,149,393
Tax Record2023$75,107 ($6,259 / month)
Home Facts
Total Finished SqFt9,546 SqFtAbove Grade Finished SqFt9,546 SqFtLot Size3,597 SqFtStyleMulti-Family Res (5+ Units)Year Built1913ZoningLARD1.5CountyLOS ANGELESAPN4286-024-001
Schools near 16 Thornton Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Westminster Avenue Elementary School PublicK to 5 | ||
Venice Senior High School Public9 to 12 | ||
Animo Venice Charter High School Charter9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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