638 Rose Avenue

Venice, CA 90291

$2,275,000
Price
8
Beds
4
Baths
3,040 Sq. Ft.
$748 / Sq. Ft.
3,040
Sq. Ft.
$748
per Sq. Ft.

Description

Fantastic 4-unit building on vibrant Rose Ave, in the heart of Venice on large 5,277 sft lot zoned commercial LAC4, completely fenced and private. Each unit has 2 bedrooms and 1 bathroom. Both upstairs units have washer+dryer+ balcony and will be delivered vacant. Upgraded building with large outdoor spaces and separate 4-car garage structure with potential for ADU as future value-add.Fantastic 4-unit building on vibrant Rose Ave, in the heart of Venice on large 5,277 sft lot zoned commercial LAC4, completely fenced and private. Each unit has 2 bedrooms and 1 bathroom. Both upstairs units have washer+dryer+ balcony and will be delivered vacant. Upgraded building with large outdoor spaces and separate 4-car garage structure with potential for ADU as future value-add.

Listing Agent

  1. Sabine Pleissner

    Sabine Pleissner

    Listing Agent

    Compass

    DRE #01908450

    sabine@compass.com

    P: 310.745.1055

Property Details for 638 Rose Avenue

Zoning
LAC4
Style
Traditional
Parcel Number
4240011009
Total Units
4.0
Living Area
3040
Source Living Area
Vendor Enhanced
Area
Venice (C11)
Vacancy Rate
50%

Location

Listing Courtesy of Compass, Sabine Pleissner, DRE #01908450
Add your commute
LISTING UPDATED: 03/22/2024 07:29 AM

Property Details for 638 Rose Avenue

StatusPending
MLS #23-293599
Days on Market216
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built-
Lot Size0.12 AC / 5,277 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, Sabine Pleissner, DRE #01908450
Add your commute

Virtual Tour

Building Information for 638 Rose Avenue

Stories2Residences-Year Built-Building Size-Lot Size0.12 AC / 5,277 SF

Payment Calculator

$13,381 per month

30 year fixed, 7.25% Interest

Principal and Interest

$12,416

Property Taxes

$965

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 638 Rose Avenue

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: attached
Contract Info
Contract Info
  • Probate: No
  • Disclosures: Coastal Commission Restrictions, As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $144,000
  • Net Operating Income: $.00
  • Gross Income: $144,000
  • Gross Rent Multiplier: $.00
  • Other Income1: $144,000.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1211
  • Lot Size Square Feet: 5277
Parking Details
Parking Details
  • Parking Garage: Garage, Garage - 1 Car, Garage Is Detached, Gated, Assigned
  • Total Parking: 8
  • Covered Parking: 4
  • Open Other Spaces Total: 4
  • Garage Spaces Total: 4
  • Parking Features: Garage, Garage - Single Door, Gated, Assigned
  • Attached Garage: No
Interior Features
Interior Features
  • Levels: Two
  • Cooling: None
  • Cooling Type: None
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Flooring: Laminate, Mixed
  • Equipment: Range/Oven
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 08-05-2023
  • Rent Control: Yes
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,158.00
  • Unit Actual Rent: $2,158.00
  • Unit Projected Rent: $3,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,850.00
  • Unit Actual Rent: $2,850.00
  • Unit Projected Rent: $3,500.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,500.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $3,500.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,500.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $3,500.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
  • Number of Dishwasher: 1
  • Number Range: 4
  • Number Refrigerator: 4
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $272,950.00
  • Assessed Improvement Percent: 29.63
  • Assessed Land Value: $648,273.00
  • Assessed Land Percent: 70.37
  • Assessed Total Value: $921,223.00

Property History for 638 Rose 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 638 Rose Avenue

Taxable ValueLand$661,238Additions$278,409Total$939,647
Tax Record2023$11,583 ($965 / month)
Home Facts
Total Finished SqFt3,040 SqFtAbove Grade Finished SqFt3,040 SqFtLot Size5,277 SqFtStyleQuadraplexZoningLAC4CountyLOS ANGELESAPN4240-011-009

Schools near 638 Rose 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.

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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, Sabine Pleissner, DRE #01908450

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.