486 Carroll Avenue Venice, CA ^$ 1,899,000

486 Carroll Avenue

^$ 1,899,000

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486 Carroll Avenue

Venice, CA, 90291

^$ 1,899,000

Bedrooms4 Baths3.0 Sq 1,604

Monthly Estimate*

^$ 11,373

Listed by Casey Bohn

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486 Carroll Avenue, Venice, CA 90291 - Image 12

Multi-Family Home for sale in Venice, CA

for $1,899,000 with 4 bedrooms and 3 full baths. This 1,604 square foot home was built in 1930 on a lot size of 0.062.

Located just 150 feet from the Historic Venice Canal, Carroll Ave presents a compelling opportunity for investors to acquire a triplex property. Positioned on a coveted corner lot with alley access and private parking spaces, this free-standing property boasts one 2-bed 1-bath unit, and two 1-bed 1-bath units, centered around a charming courtyard. Situated in the epicenter of LA's fashion, art, and culinary scene, with renowned hot spots like Abbot Kinney and the lively Venice Boardwalk - in one of LA's most dynamic neighborhoods. This income property is an ideal choice for those seeking a lucrative investment, with close proximity to both ocean and city living.

Multi-Family Active

Price

^$ 1,899,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.062

Year Built

1930

Town/City

Venice

County/Region

Los Angeles

MLS | Web ID

24394015

Days on Market

123

Features

General

Possession CloseOfEscrow

Zoning LARD3

Year Built 1930

Stories 1

Levels One

Gross Income 86300.0

County Los Angeles

Net Operating Income 57000.0

Insurance Expense 2200.0

New Construction N

Property Type ResidentialIncome

Home Owner Assoc N

Attached Garage Y

Garage Y/N N

Full Baths 0

Special Listing Conditions Standard

Status Active

Directions South of Venice Blvd West of Abbot Kinney at the corner of Ocean Ave and Carroll Ave

City Venice

Disclosures ListingBrokerAdvantage

View Y/N N

Senior Community Y/N N

NumberOfUnitsTotal 3

MLS Area C11 - Venice

Lot Size Units SquareFeet

Lot Size Square Feet 2701.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Land Lease Y/N N

Electric Expense 500.0

Home Warranty Y/N N

Water Sewer Expense 1500.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 80

Standard Status Active

Taxes 23050.0

Cap Rate 3.0

Exterior

Parking Features Assigned Private OneSpace

Total Parking 3.0

Lot Size Area 2701.0

Number of Buildings 2

Spa N

Building Area Total 1604.0

Lot Size Acres 0.062

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Common Walls NoCommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Total Bedrooms 4

Entry Level 1

Electric On Property Y/N N

Total Baths 3

Internal Only

Street Number 1 486

* Excluded Features

List By

Casey Bohn

Broker

(310) 275-9595

Phone

Affordability Calculator

$11,373

Per Month

Monthly Principal & Interest: $11,373
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Venice, CA

Average List Price ^$3,130,616

Percent of Sale Price 65%

About Venice, CA

29,124 Population

-6% Since 2002

^$89,009 Median Income

41.51 Median Age

14% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/25/2024	$1,899,000		Listed Price

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486 Carroll Avenue, Venice, CA, 90291 is a Multi-Family Home for sale at $1,899,000 with 1,604 sqft and a lot size of 0.062. 486 Carroll Avenue has 4 bedrooms, 3.0 baths, and was built in 1930. The property's zip code is 90291 which is in Venice, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 9/25/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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486 Carroll Avenue

Multi-Family Home for sale in Venice, CA

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