51 Ozone Avenue

Venice, CA 90291

$2,400,000
Last Sold Price
5
Beds
6
Baths
2,950 Sq. Ft.
$814 / Sq. Ft.
2,950
Sq. Ft.
$814
per Sq. Ft.

Description

Half a block from the sand in Venice beach with spectacular ocean views, this centrally located 4-Plex provides an excellent opportunity to invest in casual coastal living. With a mix of rental units that feature sunlit interiors, upscale finishes, natural wood floors and open-concept layouts - this clean, quiet, well maintained building offers incredible upside income potential! Enclosed by a private, landscaped courtyard perfect for sunset entertaining and sun-drenched relaxation. Few blocks from...Half a block from the sand in Venice beach with spectacular ocean views, this centrally located 4-Plex provides an excellent opportunity to invest in casual coastal living. With a mix of rental units that feature sunlit interiors, upscale finishes, natural wood floors and open-concept layouts - this clean, quiet, well maintained building offers incredible upside income potential! Enclosed by a private, landscaped courtyard perfect for sunset entertaining and sun-drenched relaxation. Few blocks from Abbot Kinney, Rose Avenue, Main Street and the beach, this property is a true coastal oasis in Venice. Please call listing agent for details!

Listing Agent

  1. Isidora Fridman

    Isidora Fridman

    Alternative Listing Agent

    Compass

    DRE #01192964

Property Details for 51 Ozone Avenue

Zoning
LARD1.5
Parcel Number
4286018030
Total Units
4.0
Living Area
2950
Source Living Area
Vendor Enhanced
Area
Venice (C11)
Vacancy Rate
0
Lot Size Area
2996

Location

Listing Courtesy of Compass, Isidora Fridman, DRE #01192964; Compass, Jennifer Saginor, DRE #01379187

Sold By Compass, Jacqueline Chernov, DRE #01361435

Add your commute
LISTING UPDATED: 08/01/2022 09:15 AM

Property Details for 51 Ozone Avenue

StatusSold
MLS #22-132427
Days on Market105
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1906
Lot Size0.07 AC / 2,996 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, Isidora Fridman, DRE #01192964; Compass, Jennifer Saginor, DRE #01379187

Sold By Compass, Jacqueline Chernov, DRE #01361435

Add your commute

Building Information for 51 Ozone Avenue

Stories1Residences-Year Built1906Building Size-Lot Size0.07 AC / 2,996 SF

Payment Calculator

$15,529 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,098

Property Taxes

$2,431

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 51 Ozone Avenue

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 1
  • Type Of Units: mixed
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $949,920
  • Net Operating Income: $89,098.00
  • Gross Income: $949,920
  • Gross Rent Multiplier: $31.00
  • Total Annual Expense: 5894.00
Land / Lot Info
Land / Lot Info
  • Alternate Street Name: Abbott Kinney
  • Lot Acreage: 0.0688
  • Lot Size Square Feet: 2996
Parking Details
Parking Details
  • Parking Garage: Driveway
  • Total Parking: 2
  • Parking Features: Driveway
Interior Features
Interior Features
  • Cooling: Wall/Window Unit(s)
  • Cooling Type: Air Conditioning, Wall/Window
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Built-Ins
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 03-01-2022
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $3,495.00
  • Unit Actual Rent: $3,495.00
  • Unit Projected Rent: $5,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,495.00
  • Unit Actual Rent: $2,495.00
  • Unit Projected Rent: $4,200.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,114.00
  • Unit Actual Rent: $2,114.00
  • Unit Projected Rent: $3,700.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,595.00
  • Unit Actual Rent: $1,595.00
  • Unit Projected Rent: $2,700.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $397,812.00
  • Assessed Improvement Percent: 23.6
  • Assessed Land Value: $1,287,761.00
  • Assessed Land Percent: 76.4
  • Assessed Total Value: $1,685,573.00

Property History for 51 Ozone 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 51 Ozone Avenue

Taxable ValueLand$2,200,000Additions$200,000Total$2,400,000
Tax Record2023$29,178 ($2,431 / month)
Home Facts
Total Finished SqFt2,950 SqFtAbove Grade Finished SqFt2,950 SqFtLot Size2,996 SqFtStyleQuadraplexYear Built1906ZoningLARD1.5CountyLOS ANGELESAPN4286-018-030

Schools near 51 Ozone 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.

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 Compass, Isidora Fridman, DRE #01192964; Compass, Jennifer Saginor, DRE #01379187

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.