SOLDMAR 31, 2022
412 Brooks Ave
Venice, CA 90291
Venice
4 Beds
4 Baths
- 4 Beds
- 4 Baths
$1,938,930
Last Sold: Mar 31, 2022
1% below list $1.95M
Est. Refi. Payment $9,561/mo*
Refinance Your Home$1,938,930
Last Sold: Mar 31, 2022
1% below list $1.95M
Est. Refi. Payment $9,561/mo*
Refinance Your Home4 Beds
4 Baths
Local Information
© Google
-- mins to
Commute Destination
New Local Information
Description
This property is no longer available to rent or to buy. This description is from April 01, 2022
We are proud to present this very rare opportunity to acquire a quadplex in the heart of Venice, CA. Three units to be delivered vacant. This quadplex in the heart of Venice, is conveniently located just steps from Abbot Kinney Blvd., close to beaches, trendy shops, and Marina Del Rey. It's Ideal for an owner-user or entry-level investment. This 4-unit, 2,355 SqFt multifamily building sits on a 4,999 SqFt lot, and it has a unit mix of (4) 1-Bed / 1-Bath units. With the upside in rent potential of 445%, its excellent location is perfectly positioned for an investor who wants a value-add property in a highly appreciating location. This property is perfect for an investor who wants to capitalize on the upside potential in rental income and the historically strong appreciation of this Venice market. It is also perfect for an owner-occupied buyer who wants to live in one of the units and collect rent on the other three. Furthermore, this property's zoning (LARD1.5) also offers an investor the potential for future redevelopment of 4 units/condos. Lastly, since this property has 4-units, it qualifies for residential financing. Three of these units will be delivered vacant.
Home Highlights
Parking
4 Open Spaces
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
49 days ago
Home Details for 412 Brooks Ave
Interior Features |
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Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 4 |
Dimensions and Layout Living Area: 2355 Square Feet |
Appliances & Utilities Appliances: DisposalLaundry: In Kitchen,Gas Dryer Hookup |
Heating & Cooling Heating: Wall GasNo CoolingAir Conditioning: NoneHas Heating |
Levels, Entrance, & Accessibility Stories: 1Levels: Ground Level |
Security Security: Gated |
Exterior Features |
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Exterior Home Features Other Structures: None |
Parking & Garage Open Parking Spaces: 4No CarportNo GarageNo Attached GarageHas Open ParkingParking Spaces: 4Parking: Assigned |
Property Information |
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Year Built Year Built: 1964 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Active Status |
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MLS Status: Sold |
Location |
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Direction & Address City: Venice |
Building |
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Building Area Building Area: 2355 Square Feet |
Lot Information |
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Lot Area: 5000.688 Square Feet |
Listing Info |
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Special Conditions: Standard |
Compensation |
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Buyer Agent Commission: 2.5Buyer Agent Commission Type: % |
Business |
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Expense Tenant Pays: Electricity, Gas |
Rental |
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Owner Pays: Water, Grounds Care, Other |
Last check for updates: about 6 hours ago
Listed by Ra-Son Theus DRE # 01843711, (323) 898-2953
Keller Williams Inglewood
Heather Presha DRE # 01493661, (323) 559-9081
Keller Williams Inglewood
Bought with: Betty Huang DRE # 02121350, Berkshire Hathaway Home Srvcs, (626) 913-2808
Source: CLAW, MLS#22-119704
Price History for 412 Brooks Ave
| Event Details | Price |
|---|---|
03/31/2022 Sold CLAW #22-119704 | $1.94M |
03/23/2022 Pending CLAW #22-119704 | $1.95M |
01/19/2022 Listed For Sale CLAW #22-119704 | $1.95M |
06/06/2021 PriceChange CRMLS #21722902 | $1.85M |
04/28/2021 Listed For Sale CRMLS #21722902 | $2.1M |
04/16/1998 Sold Public Records | $277K |
Property Taxes and Assessment
| Year | 2021 |
|---|---|
| Tax | $5,124 |
| Assessment | $407,271 |
Home facts updated by county records
LGBT Local Legal Protections
LGBT Local Legal Protections
LGBT Legal Protections updated by Movement Advancement Project
© 2022 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2022-05-21 06:10:53 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Homes for Rent Near 412 Brooks Ave
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Off Market Homes Near 412 Brooks Ave
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412 Brooks Ave, Venice, CA 90291 is a 4 bedroom, 4 bathroom multi-family built in 1964. 412 Brooks Ave is located in Venice, Venice. This property is not currently available for sale. 412 Brooks Ave was last sold on Mar 31, 2022 for $1,938,930 (1% lower than the asking price of $1,950,000). The current Trulia Estimate for 412 Brooks Ave is $2,316,700.
