700 Angelus Place

Venice, CA 90291

$2,170,000
Last Sold Price
5
Beds
4.5
Baths
2,463 Sq. Ft.
$881 / Sq. Ft.
2,463
Sq. Ft.
$881
per Sq. Ft.

Description

50% vacant. Both The 2 Bed/1.5 Bath Owner's Unit & The 1 Bed/ 1 Bath Free-Standing Cottage Will be Delivered Vacant Upon the Close of Escrow| Three Unit Craftsman Home with a Free-Standing Cottage | Each Unit With Patio/Outdoor Space | A-Class Venice Beach Asset Walking Distance from Abbot Kinney Blvd | Just One Mile from World-Famous Venice Boardwalk, Skate Park, and Nearby Venice Canals | Comprised of (1) 2-BR/1.5-BA Unit. (2) 1-BR/1-BA Units, and (1) 1-BR/1-BA Free Standing Cottage | The Main...50% vacant. Both The 2 Bed/1.5 Bath Owner's Unit & The 1 Bed/ 1 Bath Free-Standing Cottage Will be Delivered Vacant Upon the Close of Escrow| Three Unit Craftsman Home with a Free-Standing Cottage | Each Unit With Patio/Outdoor Space | A-Class Venice Beach Asset Walking Distance from Abbot Kinney Blvd | Just One Mile from World-Famous Venice Boardwalk, Skate Park, and Nearby Venice Canals | Comprised of (1) 2-BR/1.5-BA Unit. (2) 1-BR/1-BA Units, and (1) 1-BR/1-BA Free Standing Cottage | The Main Building has One 2-BR/1.5-BA Unit Upstairs, with a Vaulted LR Plus a Sunroom and Dormer Attic Space | Two 1-BR/1-BA Units on the Ground Floor | One with an Open Design and a Custom-Built Bay Window, the Other with Cozy, Cedar-Lined Walls | The Standalone Cottage in the Back is an Open Design Studio with Vaulted Ceilings, Five Large Skylights, and Unique Building Features Throughout | The Freestanding Two-Car Garage has an Electric Vehicle Charger and a Separate Office | All Units Have Hardwood Floors Throughout, Upgraded Bathrooms and Kitchens | Transform the Main House into a Single-Family Home or Use Some of the Spaces for Live-Work Purposes The Possibilities are Endless
  1. Listed by David Messiah • DRE #02117893 • Brokerage DRE #01856803 • Shield CRE, Inc.
  2. Listed by Gianluca Jacoli • DRE #01938297 • Brokerage DRE #01856803 • Shield CRE, Inc.

Property Details for 700 Angelus Place

Zoning
LAR2
Style
Garden Home
Parcel Number
4237020015
Total Units
4.0
Living Area
2463
Source Living Area
Estimated
Area
Venice (C11)
Vacancy Rate
50%

Location

Listing Courtesy of Shield CRE, Inc., David Messiah, DRE #02117893; Shield CRE, Inc., Gianluca Jacoli, DRE #01938297

Sold By Sotheby's International Realty, Allen Roth, DRE #01272304

Add your commute
LISTING UPDATED: 06/23/2022 06:14 PM

Property Details for 700 Angelus Place

StatusSold
MLS #22-150113
Days on Market31
Taxes$29,688 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1911
Lot Size0.10 AC / 4,210 SF
CountyLos Angeles County

Location

Listing Courtesy of Shield CRE, Inc., David Messiah, DRE #02117893; Shield CRE, Inc., Gianluca Jacoli, DRE #01938297

Sold By Sotheby's International Realty, Allen Roth, DRE #01272304

Add your commute

Building Information for 700 Angelus Place

Stories2Residences-Year Built1911Building Size-Lot Size0.10 AC / 4,210 SF

Payment Calculator

$14,317 per month

30 year fixed, 7.25% Interest

Principal and Interest

$11,843

Property Taxes

$2,474

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 700 Angelus Place

Community / Development
Community / Development
  • Number Of Units: 4
  • Amenities: Outdoor Cooking Area
  • Association Amenities: Outdoor Cooking Area
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: 2+1/1+1
  • Water Heaters: Yes
  • Water Heater Features: Tankless, Gas
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $141,998
  • Net Operating Income: $103,791.00
  • Gross Income: $143,400
  • Cap Rate: 4.46%
  • Gross Rent Multiplier: $16.21
  • Vacancy Allow Dollar: $4,302.00
  • Vacancy Allow Percent: 3.00%
  • Owner Pays: Water
  • Total Annual Expense: 38207
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Paved: Yes
  • Lot Acreage: 0.0967
  • Lot Size Square Feet: 4210
  • Lot Size Dimensions: 40x105
  • Source Lot Size Dimensions: Other
Parking Details
Parking Details
  • Parking Garage: Garage - 2 Car
  • Total Parking: 2
  • Garage Spaces Total: 2
  • Parking Features: Garage - Two Door
Interior Features
Interior Features
  • Room Type: Attic
  • Rooms: Attic, Den/Office
  • Den: Yes
  • Family Room: 0
  • Dining Room: 0
  • Cooling: Wall/Window Unit(s)
  • Cooling Type: Wall/Window, Window Unit(s)
  • Heating: Baseboard
  • Heating Type: Baseboard
  • Equipment: Dishwasher, Dryer, Refrigerator, Range/Oven, Freezer, Washer, Microwave
  • Laundry: Community, Inside
Exterior Features
Exterior Features
  • Windows: Bay Window, Garden Window, Skylights, Double Pane Windows
  • New Construction: No
  • Other Structural Features: Balcony, High Ceilings (9 Feet+), Barbecue Private, Custom Built
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 04-26-2022
  • Tenant Pays: Electricity, Gas
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $4,800.00
  • Unit Actual Rent: $4,800.00
  • Unit Projected Rent: $4,800.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,100.00
  • Unit Actual Rent: $2,100.00
  • Unit Projected Rent: $2,950.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,100.00
  • Unit Actual Rent: $2,100.00
  • Unit Projected Rent: $2,950.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,950.00
  • Unit Actual Rent: $2,950.00
  • Unit Projected Rent: $2,950.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
  • Number of Electric Meters: 4
  • Number of Gas Meters: 4
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $334,561.00
  • Assessed Improvement Percent: 20.0
  • Assessed Land Value: $1,338,262.00
  • Assessed Land Percent: 80
  • Assessed Total Value: $1,672,823.00

Property History for 700 Angelus Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 700 Angelus Place

Taxable ValueLand$1,836,000Additions$377,620Total$2,213,620
Tax Record2023$26,902 ($2,242 / month)
Home Facts
Total Finished SqFt2,463 SqFtAbove Grade Finished SqFt2,463 SqFtLot Size4,210 SqFtStyleQuadraplexYear Built1911ZoningLAR2CountyLOS ANGELESAPN4237-020-015

Schools near 700 Angelus Place

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
Coeur D'Alene 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 Shield CRE, Inc., David Messiah, DRE #02117893; Shield CRE, Inc., Gianluca Jacoli, DRE #01938297

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.