354 4th Avenue

Venice, CA 90291

$9,150,000
Price
11
Beds
6
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Located on a larger corner lot walking distance to the beach - one block South of Rose Ave. and two blocks east of Main St. The almost 12,000 sq. ft. two-story building is comprised of (1) three-bedroom and one-bath townhouse, (1) two-bedroom and one-bath townhouse, (2) three-bedroom and two-bath units, (9) two-bedroom and one-bath units and (2) one-bedroom and one-bath units. 7 out of 15 units have been remodeled to include quartz countertops, stainless steel Frigidaire appliances, soft-close custom...

Amenities

Parking Included

Location

Listing Courtesy of Compass, Kenny Stevens, DRE #01090251

Listing Agent

  1. Kenny Stevens

    Listing Agent

    Compass

    DRE #01090251

Building Information for 354 4th Avenue

Stories2Residences-Year Built1964Building Size-Lot Size0.26 AC / 11,528 SF

Payment Calculator

$32,911 per month

30 year fixed, 3.51% Interest

Principal and Interest

$32,911

Property Taxes

HOA Dues

$0

Property Information for 354 4th Avenue

Property Features
    Interior Features
  • Appliances: Dishwasher, Refrigerator
  • Heating Type: Central
  • Total Units: 15.0
    Parking Info
  • Parking: Yes
  • Parking Features: Covered, Tandem Garage
Property / Structure Info
    Property / Structure Info
  • Parcel Number: 4240008022
  • Property Type: Residential Income
  • Stories Total: 2
  • Year Built: 1964
Community/Development / Location Info
    School/Location Info
  • Status: Active
  • Zip Code: 90291
  • Street Number Numeric: 354.0
  • Street Name: 4TH
  • Street Suffix: Avenue
  • County Or Parish: Los Angeles
  • Directions: One block South of Rose Ave. and two blocks East of Main St.
  • MLS Area Major: Venice (C11)
    Association Information
  • Senior Community: No
Income / Expense / Tax / Assessment Details
    Tax / Assessment Info
  • Zoning: LAR4
    Income Details
  • Gross Income: $136,025
  • Gross Multiplier: 19.72
  • Gross Operating Income: $452,427
  • Net Operating Income: $283,850
Unit Information
    Unit 1
  • Unit Type Actual Rent: $3,052
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Type: 1
    Unit 2
  • Unit Type Type: 10
    Unit 3
  • Unit Type Type: 11
    Unit 4
  • Unit Type Type: 12
    Unit 5
  • Unit Type Type: 13
    Unit 6
  • Unit Type Actual Rent: $1,604
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Type: 2
    Unit 7
  • Unit Type Actual Rent: $1,465
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Type: 3
    Unit 8
  • Unit Type Actual Rent: $2,803
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Type: 4
    Unit 9
  • Unit Type Actual Rent: $2,033
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Type: 5
    Unit 10
  • Unit Type Type: 6
    Unit 11
  • Unit Type Type: 7
    Unit 12
  • Unit Type Type: 8
    Unit 13
  • Unit Type Type: 9
    Multi-Unit Info
  • Number Of Buildings: 1
Land/Lot Info
    Land/Lot Info
  • Lot Size Source: Other
  • Lot Size Square Feet: 11528
  • Lot Size Units: Square Feet
Listing / Showing Information / Virtual Tour
    Showing Info
  • List Price: 9150000.0

Property History for 354 4th Avenue

DateEvent & SourcePriceAppreciation
Mar 2, 2020

Price Change

CRMLS #20550964

$9,150,000
Feb 12, 2020

Listed (Active)

CRMLS #20550964

$9,400,000
Apr 21, 2016

Sold (Public Records)

Public Record #568955226

$4,525,000
DateEvent & SourcePrice
03/02/2020

Price Change

CRMLS #20550964

$9,150,000
02/12/2020

Listed (Active)

CRMLS #20550964

$9,400,000
04/21/2016

Sold (Public Records)

Public Record #568955226

$4,525,000

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

Public Records for 354 4th Avenue

Taxable ValueLand$3,740,758Additions$1,061,208Total$4,801,966
Tax Record2018$57,908
Home Facts
Beds31Finished Sq.Ft.11,958 SqFtLot Size11,528 SqFtStyleMulti-Family Res (5+ Units)Year Built1964Year Renovated1964ZoningLARD1.5CountyLOS ANGELESAPN4240008022

Schools near 354 4th Avenue

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
Venice Skills CenterPublic0.1 mi
NR
Westminster Avenue Elementary SchoolPublicK-50.3 mi
5
Animo Venice Charter High SchoolCharter9-120.6 mi
3
Westside Global Awareness MagnetPublicK-81.3 mi
5

Venice Skills Center

0.1 mi, Public

NR

Westminster Avenue Elementary School

K-5, 0.3 mi, Public

5

Animo Venice Charter High School

9-12, 0.6 mi, Charter

3

Westside Global Awareness Magnet

K-8, 1.3 mi, Public

5

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.

Property Details for 354 4th Avenue

StatusActive
MLS #20550964
Year Built1964
DOM53
Compass TypeMulti Family
MLS TypeResidential Income
Lot Size0.26 AC / 11,528 SF
Taxes-
Condo/Co-op Fees-
HOA Fees-
CountyLos Angeles County

Listing Agent

Contact Agent(s)

Venice
Home to a vibrant surfing and skate culture, Venice maintains an edgy coolness that has long attracted the city’s free spirits.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

354 4th Avenue is a multi-family home for sale in Venice, CA 90291. This property was listed for sale on February 12, 2020 by Compass at $9,150,000. It has been on the market for a total of 54 days and was last sold on April 21, 2016. Nearby schools include Mark Twain Middle School and World Languages Magnet, Teach Academy Of Technologies and Math, Science, & Technology Magnet Academy At Roosevelt High. 354 4th Avenue is a 11-bed, 6-bath, multi-family home built in 1964.

All data, including all measurements and calculations of area, is obtained from various sources, is approximate, and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of such measurements and Compass expressly disclaims any liability in connection with such measurements.
Listing Courtesy of Compass, Kenny Stevens, DRE #01090251
The information being provided by CARETS and CRMLS 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 CARETS, CLAW, CRISNet MLS, i-Tech MLS, VCRDS and/or CRMLS and 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 CARETS or CRMLS. 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.