705 4th Avenue

Venice, CA 90291

$2,140,000
Last Sold Price
6
Beds
4
Baths
2,424 Sq. Ft.
$883 / Sq. Ft.
2,424
Sq. Ft.
$883
per Sq. Ft.

Description

Savvy investors will delight in this exciting opportunity of four units in a superb location just blocks from lively restaurants and shops on Abbot Kinney Blvd. With the potential to be used in any way that suits your liking. Choose to live in one and rent out the rest while relishing this unbeatable location, or take advantage of income from all four units. All four, classic bungalow-style homes have open-plan living and high ceilings to enhance the sense of space. Three of the units are updated...Savvy investors will delight in this exciting opportunity of four units in a superb location just blocks from lively restaurants and shops on Abbot Kinney Blvd. With the potential to be used in any way that suits your liking. Choose to live in one and rent out the rest while relishing this unbeatable location, or take advantage of income from all four units. All four, classic bungalow-style homes have open-plan living and high ceilings to enhance the sense of space. Three of the units are updated with fresh, refined color palettes, on-trend finishes, and recessed lighting to ensure a vibrant, modern look to light up the environment. The quality kitchens have shaker-style cabinetry, a suite of stainless steel appliances, and gas ranges. The bedrooms are all generously sized, and the bathrooms offer plenty of room for picky tenants. Some of the units have small yet delightful courtyards or a porch for outdoor entertaining, while all of the homes are surrounded by easy-care landscaping. Fences ensure privacy while the colorful doors set each unit apart from the other. This amazing investment opportunity is located right across the street from an art studio and only a short distance from everything this area has to offer, such as the renowned Abbot Kinney Blvd featuring trendy eateries and exceptional shopping options. The iconic Venice Beach along with Dudley Market, the Venice Skate Park, local parks, and shopping are all within easy access.
  1. Listed by Brian Cooper • DRE #01434286 • Brokerage DRE #01918684 • The Firm

Property Details for 705 4th Avenue

View
Neighborhood
Parking Spaces Total
0
Private Pool
No
Cooling Type
None
Total Units
4.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2424

Location

Listing Courtesy of The Firm, Brian Cooper, DRE #01434286

Sold By Hilton & Hyland, Stuart Vetterick, DRE #01984753

Add your commute
LISTING UPDATED: 03/14/2021 06:07 AM

Property Details for 705 4th Avenue

StatusClosed
MLS #SR21026960
Days on Market11
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1925
Lot Size0.14 AC / 6,002 SF
CountyLos Angeles County

Location

Listing Courtesy of The Firm, Brian Cooper, DRE #01434286

Sold By Hilton & Hyland, Stuart Vetterick, DRE #01984753

Add your commute

Building Information for 705 4th Avenue

Stories1Year Built1925Building Size-Lot Size0.14 AC / 6,002 SF

Payment Calculator

$13,942 per month

30 year fixed, 7.25% Interest

Principal and Interest

$11,679

Property Taxes

$2,263

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 705 4th Avenue

Income / Expense / Tax Details
Income Details
  • Current Financing: Conventional
  • Financing: Cash
Tax / Assessment Info
  • Tax Block: B
  • Tax Tract Number: N/A
  • Tax Census Tract: 2733.00
  • Tax Lot: 20
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Biking, Dog Park, Sidewalks, Urban
Property / Structure Info
Interior Features
  • Appliances: Gas Oven
  • Equipment: Outside
  • Interior Features: Cathedral Ceiling(s), Open Floorplan
  • Room Type: All Bedrooms Down
  • Main Level Bathrooms: 6
  • Main Level Bedrooms: 6
  • Bedroom Features: All Bedrooms Down
  • Laundry: Yes
  • Laundry Features: Outside
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Floor Furnace
  • Heating: Floor Furnace
Exterior Features
  • Structure Type: Quadruplex
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Sign on Property: Yes
  • Lot Features: Rectangular Lot
  • Lease Considered: No
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0

Property History for 705 4th 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 705 4th Avenue

Taxable ValueLand$1,781,164Additions$445,291Total$2,226,455
Tax Record2023$27,152 ($2,263 / month)
Home Facts
Total Finished SqFt2,424 SqFtAbove Grade Finished SqFt2,424 SqFtStories1Lot Size6,002 SqFtStyleOffice BuildingYear Built1925ZoningLARD1.5CountyLOS ANGELESAPN4286-008-021

Schools near 705 4th 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 The Firm, Brian Cooper, DRE #01434286

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.