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2914 Pacific Ave, Venice, CA 90291
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2914 Pacific Ave Venice, CA 90291

$2,275,000 Sold Price as of 09/30/2021
  • 5 Beds
  • 6 Baths
  • 3,576 Sq.Ft.
Sold
$2,275,000 Sold Price as of 09/30/2021 Refinance Your Mortgage
Map preview of 2914 Pacific Ave, Venice, CA 90291

Property Overview: 2914 Pacific Ave Venice, CA has 5 bedrooms, 6 bathrooms, 3,576 living square feet and 2,830 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Bread & Butter Building - Pacific Avenue apartment complex located in a prime Venice location steps away from Venice Beach. Duplex + 2 bonus units. Used as 4 Plex for many years. Presently, front 3 bedroom and 4th large single are vacant. 3 bed is being marketed at $4,950 with rental applications in hand. JADU or ADU ordinance to convert bonus units (Buyer to do due diligence). Ideal for an owner-occupant to purchase & reside with income from the other units for affordability. All rents are actual per listing. A desirable unit mix includes One - 3 bed/2 baths, One - 2 bed/2 bath and TWO - 0 bed/1 bath studios one of which is the bonus unit. The 2 Bedroom 2 bath unit is recently renovated and is a Townhouse style unit. The building can be a perfect owner/user opportunity or a straight investment for cash flow. Close proximity to restaurants, bars, Marina Del Rey, Santa Monica and the Venice Boardwalk. Come and enjoy living in this Venice property or simply add this prime real estate to your portfolio of properties. Call Broker for more information. (See attached for layout of 2 & 3 bedroom). Acceptance subject to cancellation of present escrow.

Listed by Louis Perez | BRE #01218758 | Tradewind Realty
Last checked: 12 minutes ago | Last updated: August 2nd, 2023 | Source CRMLS | DOM: 20

Home details

Lot Sq. Ft
2,830
HOA Dues
$0/mo
Year built
1974
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21754478
City
Venice
County
Los Angeles
Time on Site
1030 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $4,500
  • Total Rent: $4,500
  • Pro Forma/Market Rent: $5,150
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,850
  • Total Rent: $3,850
  • Pro Forma/Market Rent: $4,850
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,090
  • Total Rent: $2,090
  • Pro Forma/Market Rent: $2,850
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,400
  • Total Rent: $1,400
  • Pro Forma/Market Rent: $2,150
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16.15
  • Gross Scheduled Income: --
  • Net Operating Income: $99,341
  • Gross Operating Income: $142,080
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 2914 Pacific Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Radiant
Laundry Information
  • Has Laundry
  • Washer Included, Community
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Wood, Tile
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Refrigerator
Interior Features
  • Furnished
  • Levels: Multi/Split
  • Window Features: Double Pane Windows
Exterior Features
Exterior Information
  • Roof: Composition
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Attached Carport
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 2
  • Parcel Number: 4227018004
  • Architectural Style: Contemporary
  • Foundation Details: Concrete Perimeter, Combination
  • Accessibility Features: None
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: Pacific Avenue North of Washington Boulevard
View more facts & features

Local Venice Agent

Sale History for 2914 Pacific Ave

Last leased for $7,375 on July 22nd, 2023

  • July, 2023

  • Jul 22, 2023

    Date

    Leased

    CRMLS: OC23105511

    $7,375

    Price

  • Jun 14, 2023

    Date

    Active

    CRMLS: OC23105511

    $7,500

    Price

  • Listing provided courtesy of CRMLS

    This is a highly upgraded 3 bedroom 2 bath home only 1 block away from the sand at Venice Beach. A great floor plan to take advantage of the views. As you enter the home on the 1st level there are 2 secondary bedrooms, a full bathroom and a private laundry area with a newer washer/dryer. Upstairs you'll enjoy open concept livign witha a large living room, a granite faced gas burning fireplace, dining room, spacious kitchen and a large Primary en-suite bedroom with a walk in closet finished with California Closet wardrobe system. This home has undergon a complete renovation to include new stainless Counter depth refrigerator, electric range, built in microwave and dishwasher. Cabinets have been recently painted and topped with Quartz stone counters. Bathrooms have been remodeled to include shower, tub, vanities with quartz counters and led lighting. Newer dual glazed Milgard windows and 12' wide patio door in the living room. All interior doors are craftsman style. Warm toned Luxury Vinyl flooring throughout. Staircase is Black frame with Glass Panels. 2 Parking spots included. What a great place to call home with lots of great dining close by.

  • July, 2022

  • Jul 1, 2022

    Date

    Leased

    CRMLS: OC22083084

    $7,000

    Price

  • Apr 22, 2022

    Date

    Active

    CRMLS: OC22083084

    $7,000

    Price

  • Listing provided courtesy of CRMLS

    This is a highly upgraded 3 bedroom 2 bath home only 1 block away from Venice Beach. Highly upgraded and a unique floor plan to take advantage of views. As you enter the home on the 1st level there are 2 secondary bedrooms, a full bathroom and a private laundry area with a newe washer/dryer. Upstairs youll enjoy open comcept livign witha a large living room with a granite faced gas burning fireplace, dining room, spacious kitchen and a large Primary en-suite bedroom with a walk in closet finished with California Closet wardrobe system. This home has undergon a complete renovation to include new stainless Counter depth refrigerator, electric range, built in microwave and dishwasher. Cabinets have been freshly painted and topped with Quartz stone counters. Bathrooms have new shower, tub, vanity with quartz counters, led lighting. New dual glazed Milgard windows and 12' wide patio door in the living room. All new craftsman style interior doors and door hardware. Warm toned Luxry Vinyl flooring throughout. Staircase is Black frame with Glass Panels. 2 Parking spots included. This property will continually be enhaced for the tenants enjoyment. What a great place to call home with lots of great dining close by.

  • August, 2021

  • Aug 24, 2021

    Date

    Pending

    CRMLS: 21754478

    $2,295,000

    Price

  • Jul 21, 2021

    Date

    Active Under Contract

    CRMLS: 21754478

    $2,295,000

    Price

  • Jun 29, 2021

    Date

    Active

    CRMLS: 21754478

    $2,295,000

    Price

  • August, 2020

  • Aug 29, 2020

    Date

    Expired

    CRMLS: 20574398

    $2,395,000

    Price

  • Jul 29, 2020

    Date

    Active

    CRMLS: 20574398

    $2,395,000

    Price

  • Jul 29, 2020

    Date

    Hold

    CRMLS: 20574398

    $2,395,000

    Price

  • Apr 29, 2020

    Date

    Active

    CRMLS: 20574398

    $2,395,000

    Price

  • Listing provided courtesy of CRMLS

    This Pacific Avenue apartment complex is located in a prime Venice location steps away from Venice Beach and the Boardwalk. 3 Bedroom unit vacant perfect for a owner-occupant to purchase a residential building with income from the other units for a affordability. Income projected for that unit. A desirable unit mix includes One - 3 bed/2 baths, One - 2 bed/1 bath and TWO - 0 bed/1 bath studios. The 2 Bedroom 2 bath unit was recently renovated as a Townhouse style unit. The building can be a perfect owner/user opportunity or a straight investment. Close proximity to restaurants, bars, Marina Del Rey, Santa Monica and the Venice Boardwalk. Come and enjoy living in this Venice property or simply add this prime real estate to your portfolio of properties. Call Broker for more information. (Layout of 2 & 3 bedroom units).

  • May, 2020

  • May 7, 2020

    Date

    Expired

    CRMLS: 20541668

    $2,395,000

    Price

  • Mar 7, 2020

    Date

    Withdrawn

    CRMLS: 20541668

    $2,395,000

    Price

  • Jan 8, 2020

    Date

    Active

    CRMLS: 20541668

    $2,395,000

    Price

  • Listing provided courtesy of CRMLS

    This Pacific Avenue apartment complex is located in a prime Venice location steps away from Venice Beach and the Boardwalk. Just received notice that 3 bedroom unit will vacate. Income for that unit newly projected in listing. The desirable unit mix includes One - 3 bed/2 baths, One - 2 bed/1 bath and TWO - 0 bed/1 bath studios. The 2 Bedroom 2 bath unit was recently renovated as a Townhouse style unit. The building can be a perfect owner/user opportunity or a straight investment. Close proximity to restaurants, bars, Marina Del Rey, Santa Monica and the Venice Boardwalk. Come and enjoy living in this Venice property or simply add this prime real estate to your portfolio of properties. Call Broker for more information. (Layout of 2 & 3 bedroom units).

  • January, 2020

  • Jan 1, 2020

    Date

    Expired

    CRMLS: 19515548

    $2,495,000

    Price

  • Dec 11, 2019

    Date

    Withdrawn

    CRMLS: 19515548

    $2,495,000

    Price

  • Nov 14, 2019

    Date

    Price Change

    CRMLS: 19515548

    $2,495,000

    Price

  • Sep 28, 2019

    Date

    Active

    CRMLS: 19515548

    $2,595,000

    Price

  • Listing provided courtesy of CRMLS

    This Pacific Avenue apartment complex is located in a prime Venice location steps away from Venice Beach and the Boardwalk. The desirable unit mix includes One - 3 bed/2 baths, One - 2 bed/1 bath and TWO - 0 bed/1 bath studios. The 2 Bedroom 2 bath unit was recently renovated as a Townhouse style unit. The building can be a perfect owner/user opportunity or a straight investment. Close proximity to restaurants, bars, Marina Del Rey, Santa Monica and the Venice Boardwalk. Come and enjoy living in this Venice property or simply add this prime real estate to your portfolio of properties. Call Broker for more information. (Layout of 2 & 3 bedroom units).

  • September, 2019

  • Sep 1, 2019

    Date

    Expired

    CRMLS: 19473210

    $2,579,000

    Price

  • Jul 11, 2019

    Date

    Price Change

    CRMLS: 19473210

    $2,579,000

    Price

  • Jun 21, 2019

    Date

    Price Change

    CRMLS: 19473210

    $2,580,000

    Price

  • Jun 3, 2019

    Date

    Active

    CRMLS: 19473210

    $2,659,000

    Price

  • Listing provided courtesy of CRMLS

    This Pacific Avenue apartment complex is located in a prime Venice location steps away from Venice Beach and the Boardwalk. The desirable unit mix includes One - 3 bed/2 baths, One - 2 bed/1 bath and One - Single unit. The 2 Bedroom 2 bath unit was recently renovated is a Townhouse style unit. The building can be a perfect owner/user opportunity or a straight investment. Close proximity to restaurants, bars, Marina Del Rey, Santa Monica and the Venice Boardwalk. Come and enjoy this Venice property to add to your portfolio of properties. Call Broker for more information. (Layout of 2 & 3 bedroom units).

  • October, 2018

  • Oct 28, 2018

    Date

    Expired

    CRMLS: 18370262

    $2,750,000

    Price

  • Sep 4, 2018

    Date

    Price Change

    CRMLS: 18370262

    $2,750,000

    Price

  • Aug 28, 2018

    Date

    Withdrawn

    CRMLS: 18370262

    $3,075,000

    Price

  • Jul 30, 2018

    Date

    Active

    CRMLS: 18370262

    $3,075,000

    Price

  • Listing provided courtesy of CRMLS

    ***$325,000 PRICE REDUCTION!** Please refer to private remarks, please read offer submittal information carefully.Prime Venice 4 Unit walking distance to the Venice Pier. Renovated 2 Bedroom +2 Bathroom Townhouse to be delivered vacant at the close of escrow. Great owner-user opportunity with long term fixed rate debt options. Rare opportunity to acquire a pride of ownership investment in one of the most coveted cities in the world.The building allows tenants access to multiple dining, entertainment and shopping options. Another reason Venice is one of the most sought after rental markets in Los Angeles is its close proximity to multiple major employment hubs such as Santa Monica, West Los Angeles, Century City, Marina Del Rey and El Segundo.

  • December, 2014

  • Dec 24, 2014

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • May, 2000

  • May 17, 2000

    Date

    Sold (Public Records)

    Public Records

    $230,000

    Price

Show More

Tax History for 2914 Pacific Ave

Assessed Value (2020): $885,370
Year Land Value Improved Value Assessed Value
2020 $632,413 $252,957 $885,370

Home Value Compared to the Market

This property vs the competition

2914 Pacific Ave sold on September 30, 2021 for 0.3% lower than the current median sold price for the city of Venice which is $2,302,000. The median sold price per/sqft for Venice is $1,155 and this home is sold at $641.78 per/sqft which puts the price per square foot 44.43% lower than the current median sale per square foot for the city of Venice.

About 2914 Pacific Ave

Detailed summary of property

2914 Pacific Ave is a multi family that recently sold in Venice, CA 90291. This multi family property offered 5 bedrooms, 6 bathrooms, roughly 3,576 living square feet, and sits on an approximately 2,830 square foot lot. 2914 Pacific Ave was first listed on ArdentRealEstateGroup.com on June 29, 2021. The homeowner sold the property for $2,275,000. Home in Venice are selling for a median price of $2,302,000 and a median price per square foot of $1,155. Based on Ardent Real Estate Group's Venice Market Data, this home is sold 0.3% lower than the current median priced home. Local homes that are currently for sale include 12188 W Sunset Blvd, 12188 W Sunset Blvd and 8819 Reading Ave. While the average home in Venice, CA is selling in 106 days, 2914 Pacific Ave has a days on market of 20 days. There are currently 144 homes for sale in the Venice real estate market and 130 of them are single family homes while 10 of them are condos and 4 are townhomes. For more information on this home for sale at 2914 Pacific Ave Venice, CA 90291 contact Ardent Real Estate Group and we will put you in touch with one of our Venice agents.

Public Facts for 2914 Pacific Ave

Public county record property details
Beds
6
Baths
5
Year built
1974
Sq. Ft.
3,576
Lot Size
2,829
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
48
APN
4227-018-004

The source for these homes facts are from public records.

90291 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,599,000
Median List Price/Sq.Ft.
$1,308
Median Sold Price
$2,302,000
Median Sold Price/Sq.Ft.
$1,423
Total Inventory
139
Median Sale to List Price %
92.26%
Avg Days on Market
77
Loan Type
Conventional (11.11%), FHA (0%), VA (0%), Cash (0%), Other (33.33%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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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