601 Coeur D Alene Avenue

Venice, CA 90291

$7,995,000
Price
8
Beds
3
Baths
11,338 Sq. Ft.
$705 / Sq. Ft.
11,338
Sq. Ft.
$705
per Sq. Ft.

Property Details for 601 Coeur D Alene Avenue

StatusActive
MLS #19466024
Year Built1974
DOM163
Compass TypeMulti Family
MLS TypeResidential Income / Apartment Building
Lot Size0.20 AC / 8,901 SF
Taxes-
Condo/Co-op Fees-
HOA Fees-
CountyLos Angeles County

Listing Agent

Contact Agent(s)

Property Details for 601 Coeur D Alene Avenue

Area
Venice (C11)
Parking Spaces Total
16
Pool
No
Cooling Type
None

Description

Prime Venice Beach investment property. 12 units + office located on Abbot Kinney Blvd. Extra large units over 11,000 sqft of building. Each has private balcony/deck, gas fireplace, dishwasher and 16 garage parking spaces. Great unit mix with 4 studios, 4 one bedrooms and 4 one bedroom + loft with roof deck and high ceilings. Huge upside potential with over 50% upside in market rents. Possible condo conversion. Close to Abbot Kinney restaurants and shops. Minutes to the beach. Inside with accepted... offer.

Location

Listing Courtesy of Compass, Mike Springer, DRE #01265333

Listing Agent

  1. Mike Springer

    Listing Agent

    Compass

    DRE #01265333

Building Information for 601 Coeur D Alene Avenue

Stories2Residences13Year Built1974Building Size-Lot Size0.20 AC / 8,901 SF

Payment Calculator

$28,757 per month

30 year fixed, 3.51% Interest

Principal and Interest

$28,757

Property Taxes

HOA Dues

$0

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Property Information for 601 Coeur D Alene Avenue

Property Features
    Interior Features
  • Appliances: Refrigerator
  • Heating Fuel: Radiant
  • Interior Features: Other
    Parking Info
  • Parking Features: Garage
Community/Development / Location Info
    School/Location Info
  • County: Los Angeles
  • Driving Directions: On the corner of Abbot Kinney between Washington and Venice Blvd
    Association Information
  • Association/HOA: No
Income / Expense / Tax / Assessment Details
    Income Details
  • Adjusted Gross Income: $328,440
  • Gross Operating Income: $328,440
  • Gross Rent Multiplier: 24.3
  • Net Operating Income: $187,046
    Expense Details
  • Expense Total Annual: $131,540
Land/Lot Info
    Land/Lot Info
  • Lot Size Source: Vendor Enhanced
  • Lot Size SQFT: 8901
  • Tax Parcel Number: 4237020032
  • Zoning: LAR3
Structure Info
    Structure Info
  • Units Total In Complex: 13
  • Number Of Buildings: 1
  • Property Sub Type: Apartment Building
  • Property Type: Residential Income
  • Square Footage Source: Vendor Enhanced
  • Total Floors: 2
  • Year Built: 1974
Unit Information
    Unit 1 Info
  • Unit Furnished 1: Unfurnished
  • Unit Monthly Rent 1: $2,158
  • Unit Number Of Bath 1: 1.0
  • Unit Number Of Bed 1: 1.0
  • Unit Projected Total Monthly Rent 1: $3,000
  • Unit Total Monthly Rent 1: $2,158
  • Unit Type 1: 4.0
    Unit 2 Info
  • Unit Furnished 2: Unfurnished
  • Unit Monthly Rent 2: $1,601
  • Unit Number Of Bath 2: 1.0
  • Unit Number Of Bed 2: 0.0
  • Unit Projected Total Monthly Rent 2: $1,850
  • Unit Total Monthly Rent 2: $1,601
  • Unit Type 2: 4.0
    Unit 3 Info
  • Unit Furnished 3: Unfurnished
  • Unit Monthly Rent 3: $2,589
  • Unit Number Of Bath 3: 1.0
  • Unit Number Of Bed 3: 2.0
  • Unit Projected Total Monthly Rent 3: $3,600
  • Unit Total Monthly Rent 3: $2,589
  • Unit Type 3: 4.0
    Unit 4 Info
  • Unit Furnished 4: Partially
    Unit 5 Info
  • Unit Furnished 5: Partially
    Unit 6 Info
  • Unit Furnished 6: Partially
    Unit 7 Info
  • Unit Furnished 7: Partially
    Unit 8 Info
  • Unit Furnished 8: Partially
    Unit 9 Info
  • Unit Furnished 9: Partially
    Unit 10 Info
  • Unit Furnished 10: Partially
    Unit 11 Info
  • Unit Furnished 11: Partially
    Unit 12 Info
  • Unit Furnished 12: Partially
    Unit 13 Info
  • Unit Furnished 13: Partially

Property History for 601 Coeur D Alene Avenue

DateEvent & SourcePriceAppreciation
May 13, 2019Listed (Active)

CARETS #19466024

$7,995,000
DateEvent & SourcePrice
05/13/2019
Listed (Active)

CARETS #19466024

$7,995,000

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

Public Records for 601 Coeur D Alene Avenue

Taxable ValueLand$1,059,454Additions$529,723Total$1,589,177
Tax Record2018$20,365
Home Facts
Beds8Finished Sq.Ft.11,338 SqFtLot Size8,901 SqFtStyleMulti-Family Res (5+ Units)Year Built1974Year Renovated1974ZoningLAR3CountyLOS ANGELES

Schools near 601 Coeur D Alene Avenue

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
Coeur D'Alene Avenue Elementary SchoolPublicK-50.1 mi
9
St. Mark SchoolPrivateK-80.3 mi
NR
Animo Venice Charter High SchoolCharter9-120.7 mi
4
Phoenix Continuation SchoolPublic9-120.8 mi
NR

Coeur D'Alene Avenue Elementary School

K-5, 0.1 mi, Public

9

St. Mark School

K-8, 0.3 mi, Private

NR

Animo Venice Charter High School

9-12, 0.7 mi, Charter

4

Phoenix Continuation School

9-12, 0.8 mi, Public

NR

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.

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

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601 Coeur D Alene Avenue is a multi-family home for sale in Venice, CA 90291. This property was listed for sale on May 13, 2019 by Compass at $7,995,000. Nearby schools include Mark Twain Middle School and World Languages Magnet, Teach Academy Of Technologies and Math, Science, & Technology Magnet Academy At Roosevelt High. 601 Coeur D Alene Avenue is a 8-bed, 3-bath, 11,338 sqft multi-family home built in 1974.

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, Mike Springer, DRE #01265333
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