1801 Shell Avenue

Venice, CA 90291

$2,037,500
Last Sold Price
3
Beds
2
Baths
2,646 Sq. Ft.
$770 / Sq. Ft.
2,646
Sq. Ft.
$770
per Sq. Ft.

Description

High Equity Venice Fixer, just 3 blocks from Abbot Kinney Blvd. Charming classic craftsman and detached artist’s unit, in one of the most tranquil nooks in Venice. The main house shows as a 3+1, with approx 1800 SF, and plenty of space to potentially reconfigure. There are also multiple bonus areas, including a large enclosed sunroom that adds to the spacious, open feel of the home. Most of the original details and built-ins are still in place, providing an opportunity to update the property while...High Equity Venice Fixer, just 3 blocks from Abbot Kinney Blvd. Charming classic craftsman and detached artist’s unit, in one of the most tranquil nooks in Venice. The main house shows as a 3+1, with approx 1800 SF, and plenty of space to potentially reconfigure. There are also multiple bonus areas, including a large enclosed sunroom that adds to the spacious, open feel of the home. Most of the original details and built-ins are still in place, providing an opportunity to update the property while still respecting the original character of the house and neighborhood. Other craftsmans in the area have also added a 2nd story to the original homes. In the back of the lot sits an 856 SF, detached, 1 + 1 unit, which can also be accessed through its own private fence on Superba. A current average sales price of $1290 / SF for homes in 90291, would give a possible after repair value in the mid 3s. With many of the properties in the immediate vicinity being listed or sold for well above the average, there is significant upside potential for an investor who can bring the property up to the current neighborhood standards, or an owner/builder who is willing to put in the sweat equity to customize their dream home while maximizing ROI. This is a fixer and the entire property is in need of significant updating and repairs.
  1. Listed by Mike Motamedi • DRE #01517869 • Brokerage DRE #01265262 • Big Block Realty

Property Details for 1801 Shell Avenue

View
Neighborhood
Parking Spaces Total
3
Private Pool
No
Cooling Type
None
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2646

Location

Listing Courtesy of Big Block Realty, Mike Motamedi, DRE #01517869

Sold By None MRML, NONE NONE, DRE #N/A

Add your commute
LISTING UPDATED: 01/26/2021 09:40 PM

Property Details for 1801 Shell Avenue

StatusClosed
MLS #SR20164329
Days on Market112
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential
Year Built1912
Lot Size0.09 AC / 4,122 SF
CountyLos Angeles County

Location

Listing Courtesy of Big Block Realty, Mike Motamedi, DRE #01517869

Sold By None MRML, NONE NONE, DRE #N/A

Add your commute

Building Information for 1801 Shell Avenue

Stories1Residences-Year Built1912Building Size-Lot Size0.09 AC / 4,122 SF

Payment Calculator

$13,264 per month

30 year fixed, 7.25% Interest

Principal and Interest

$11,119

Property Taxes

$2,145

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1801 Shell Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $115,200
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Financing: Conventional
Expense Details
  • Operating Expense: $44,000
  • New Taxes Expense: $39,800
  • Fuel Expense: $0
  • Electric Expense: $1,200
  • Insurance Expense: $1,200
  • Trash Expense: $600
  • Water Sewer Expense: $1,200
  • Total Expenses: $44,000
Tax / Assessment Info
  • Tax Block: 1
  • Tax Tract Number: 67
  • Tax Census Tract: 2736.00
  • Tax Lot: 1
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Street Lights
Property / Structure Info
Interior Features
  • Interior Features: Balcony, Beamed Ceilings
  • Room Type: Kitchen, Main Floor Bedroom
Exterior Features
  • Structure Type: Duplex
  • Property Condition: Fixer
  • Pool Features: None
  • Pool Description: None
  • Spa Features: None
Land/Lot Info
  • Sign on Property: Yes
  • Lot Features: Corner Lot
  • Lease Considered: No
  • Number Of Units: 2
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Multi/Split
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Attached Garage: No
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 6350
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 3250
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 0
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Property History for 1801 Shell Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1801 Shell Avenue

Taxable ValueLand$1,801,972Additions$317,842Total$2,119,814
Tax Record2023$25,742 ($2,145 / month)
Home Facts
Total Finished SqFt2,646 SqFtAbove Grade Finished SqFt2,646 SqFtLot Size4,123 SqFtStyleDuplexYear Built1912ZoningLAR2CountyLOS ANGELESAPN4241-027-001

Schools near 1801 Shell Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 5
Public - K to 6
Public - 6 to 8
Rating
School
Distance
Westminster Avenue Elementary School
PublicK to 5

Walgrove Avenue Elementary School
PublicK to 5

Broadway Elementary School
PublicK to 6

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.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Big Block Realty, Mike Motamedi, DRE #01517869

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.