31 S Venice Blvd, Venice, CA 90291
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31 S Venice Blvd Venice, CA 90291

$2,850,000
  • 4 Beds
  • 4 Baths
  • 1,968 Sq.Ft.
For Sale
$2,850,000 Get Pre-Qualified

Map preview of 31 S Venice Blvd, Venice, CA 90291

Property Overview: 31 S Venice Blvd Venice, CA has 4 bedrooms, 4 bathrooms, 1,968 living square feet and 2,641 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: This triplex, with a rich history as an investment property, presents an incredible opportunity for real estate buyers and investors. Two of the three units will be delivered VACANT! Situated just steps away from the breathtaking shoreline, this vintage gem offers unrivaled views of the Pacific Ocean and Venice Beach from its impressive roof deck. One of the standout features of this lot is its highly valuable LAR3 zoning and three separate addresses (31, 33, & 33.5 ), opening up a world of possibilities for potential buyers. Whether you envision developing luxurious condos, utilizing it as an owner/user property, or simply maintaining it as an income-producing investment, the choice is yours. Its well-designed layout consists of two charming 1BR/1BA units, both located on the ground floor, and a spacious 2BR/2BA unit with exclusive access to the 360-degree view roof deck (refer to floor plan pics for a closer look at the layouts of all three units). All residents can enjoy the shared open-air patio located behind the building. Each unit also comes with a dedicated one-car garage, and the three-bay garage conveniently opens to the alley behind the building, ensuring easy access and parking. The property boasts several noteworthy amenities, including stainless-steel appliances, newer water heaters, a shared laundry room, and secure code key gates. You'll also appreciate the proximity to the area's finest attractions, including world-class shopping and renowned restaurants along the iconic Abbot Kinney Boulevard. Immerse yourself in the vibrant Venice Beach community and embrace the California dream life.

Listed by Richard Schulman | BRE #01427211 | KW Advisors
Co-listed by Daniel Lipshutz | BRE #02115020 | KW Advisors
Last checked: 14 minutes ago | Last updated: April 16th, 2024 | Source CRMLS | DOM: 87
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Home details

Lot Sq. Ft
2,641
HOA Dues
$0/mo
Year built
1938
Garage
3 Car
Property Type:
Multi Family
Status
Active
MLS#
24350423
City
Venice
County
Los Angeles
Time on Site
87 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $4,350
  • Total Rent: $4,350
  • Pro Forma/Market Rent: $6,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 31 S Venice Blvd

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Property Details for 31 S Venice Blvd

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Community
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Wood
  • Primary Bathroom, Living Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Refrigerator
Interior Features
  • Levels: Multi/Split
  • Security Features: Gated Community
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Garage - Three Door
Property Information
  • Has View
  • View: Ocean
  • Total # of Units: 3
  • Parcel Number: 4226014013
  • Architectural Style: Traditional
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: East of Speedway, West of Pacific Ave
View more facts & features

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Sale History for 31 S Venice Blvd

Last leased for $2,450 on October 30th, 2021
  • March, 2024

  • Mar 14, 2024

    Date

    Withdrawn

    CRMLS: 24349345

    $2,850,000

    Price

  • Jan 23, 2024

    Date

    Active

    CRMLS: 24349345

    $2,950,000

    Price

  • Listing provided courtesy of CRMLS

  • January, 2024

  • Jan 23, 2024

    Date

    Active

    CRMLS: 24350423

    $2,950,000

    Price

  • October, 2023

  • Oct 1, 2023

    Date

    Expired

    CRMLS: 23279879

    $3,195,000

    Price

  • Jun 15, 2023

    Date

    Active

    CRMLS: 23279879

    $3,295,000

    Price

  • Listing provided courtesy of CRMLS

    This triplex, with a rich history as an investment property, presents an incredible opportunity for real estate buyers and investors. Situated just steps away from the breathtaking shoreline, this vintage gem offers unrivaled views of the Pacific Ocean and Venice Beach from its impressive roof deck. Additionally, you can catch glimpses of the glistening waters right outside the front door, adding to the allure of this remarkable property.One of the standout features of this lot is its highly valuable LAR3 zoning and three separate addresses (31, 33, & 33 ), opening up a world of possibilities for potential buyers. Whether you envision developing luxurious condos, utilizing it as an owner/user property, or simply maintaining it as an income-producing investment, the choice is yours. Currently, all units are rented, ensuring a steady stream of income right from the start.Nestled in the most coveted part of Venice Beach, specifically west of Pacific and just six lots east of Speedway, this triplex sits securely in an ideal location. Its well-designed layout consists of two charming 1BR/1BA units, both conveniently located on the ground floor, and a spacious 2BR/2BA unit with exclusive access to the awe-inspiring 360-degree view roof deck. The primary bedroom in the 2BR unit is en suite, offering both comfort and privacy (refer to floor plan pics for a closer look at the layouts of all three units).In addition to the individual unit features, all residents can enjoy the shared open-air patio located behind the building. Embrace the refreshing ocean breezes, savor delicious barbecues, and bask in the glorious sunshine. Each unit also comes with a dedicated one-car garage, and the three-bay garage conveniently opens to the alley behind the building, ensuring easy access and parking. Three dedicated parking spaces: What a rare concept in this part of Venice!The property boasts several noteworthy amenities, including stainless-steel appliances, newer water heaters, a shared laundry room equipped with side-by-side full-size machines, and secure code key gates.You'll also appreciate the proximity to the area's finest attractions, including world-class shopping and renowned restaurants along the iconic Abbot Kinney Boulevard. Immerse yourself in the vibrant Venice Beach community and embrace the California dream life.Don't miss this extraordinary opportunity to own a piece of Venice Beach's history and unlock the potential of this exceptional vintage triplex.

  • June, 2023

  • Jun 1, 2023

    Date

    Expired

    CRMLS: 22160787

    $3,295,000

    Price

  • May 25, 2022

    Date

    Active

    CRMLS: 22160787

    $3,450,000

    Price

  • Listing provided courtesy of CRMLS

    Rare, vintage triplex first time on the market in 18 years! The highly valuable LAR3 zoning is perfect for owner/user or developer with countless opportunities and development potential! Nestled in the heart of Venice Beach, it is the best of Southern California living! Feel the ocean breezes everyday as you walk outside your door as your stroll to nearby Abbot Kinney for all the best shopping and restaurants in the area! As you enter the property from your private garage, you walk through a common area tranquil patio with shady trees and abundant foliage. There is plenty of room on the patio for a barbeque and lounge chairs. The downstairs units are one bedroom and one bath each with one of those units having a front door with street access and a side door entrance. The upstairs two bedroom apartment has an amazing large roof top deck with ocean views! Large open layout design with classic Venice kitchen, tiled countertops, living room and dining room with stainless steel appliances. Primary bedroom has an en suite bathroom. Common area has shared laundry room with washer and dryer. Don't miss this once in a lifetime opportunity to own your very own piece of Venice Beach! PERFECT for owner/user. live upstairs, home office downstairs! ALL OFFERS WILL BE PRESENTED TO OWNER.. SUBMIT!!!! PLEASE DO NOT DISTURB OWNERS. LISTING AGENT HAS VALID LISTING AGREEMENT. THANK YOU.

  • May, 2023

  • May 2, 2023

    Date

    Expired

    CRMLS: 22164389

    $3,450,000

    Price

  • May 1, 2022

    Date

    Active

    CRMLS: 22164389

    $3,450,000

    Price

  • Listing provided courtesy of CRMLS

    ******DO NOT CONTACT OWNER, PROPERTY HAS BEEN RELISTITED****** Rare, vintage triplex first time on the market in 18 years! The highly valuable LAR3 zoning is perfect for owner/user or developer with countless opportunities and development potential! Nestled in the heart of Venice Beach, it is the best of Southern California living! Feel the ocean breezes everyday as you walk outside your door as your stroll to nearby Abbot Kinney for all the best shopping and restaurants in the area! As you enter the property from your private garage, you walk through a common area tranquil patio with shady trees and abundant foliage. There is plenty of room on the patio for a barbeque and lounge chairs. The downstairs units are one bedroom and one bath each with one of those units having a front door with street access and a side door entrance. The upstairs two bedroom apartment has an amazing large roof top deck with ocean views! Large open layout design with classic Venice kitchen, tiled countertops, living room and dining room with stainless steel appliances. Primary bedroom has an en suite bathroom. Common area has shared laundry room with washer and dryer. Don't miss this once in a lifetime opportunity to own your very own piece of Venice Beach!

  • September, 2021

  • Sep 15, 2021

    Date

    Active

    CRMLS: 21784044

    $2,500

    Price

  • Listing provided courtesy of CRMLS

    TWO ONE BEDROOM, ONE BATH APARTMENTS AVAILABLE AT $2500.00 EACH!! Walk to Venice beach. Venice beach one bedroom with wood floors and PRIVATE SECURE PARKING! AVAILABLE IMMEDIATE!!! Contact Listing agent for private showing! IN ADDITION TO THIS UNIT, THE ADJACENT ONE BEDROOM WILL BE AVAILABLE OCTOBER 31, 2020.. ABSOLUTELY NO SMOKING ALLOWED ON THE PREMISES, PATIO OR GARAGE AREAS!!!!!! UNDER NO CIRCUMSTANCES WILL APARTMENT BE RENTED UNSEEN, THAT MEANS ZOOM SHOWINGS AS WELL. LANDLORD RESERVES RIGHT TO DO SHORT TERMS RENTALS IN EITHER OF THE 2 OTHER UNITS IN BUILDING!!!!

  • October, 2020

  • Oct 24, 2020

    Date

    Leased

    CRMLS: 20632808

    $2,300

    Price

  • Oct 5, 2020

    Date

    Price Change

    CRMLS: 20632808

    $2,400

    Price

  • Sep 15, 2020

    Date

    Active

    CRMLS: 20632808

    $2,500

    Price

  • Listing provided courtesy of CRMLS

    TWO ONE BEDROOM, ONE BATH APARTMENTS AVAILABLE AT $2500.00 EACH!! Walk to Venice beach. Venice beach one bedroom with wood floors and PRIVATE SECURE PARKING! AVAILABLE IMMEDIATE!!! Contact Listing agent for private showing! IN ADDITION TO THIS UNIT, THE ADJACENT ONE BEDROOM WILL BE AVAILABLE OCTOBER 31, 2020.. ABSOLUTELY NO SMOKING ALLOWED ON THE PREMISES, PATIO OR GARAGE AREAS!!!!!!

  • June, 2019

  • Jun 1, 2019

    Date

    Leased

    CRMLS: 19466720

    $4,500

    Price

  • May 15, 2019

    Date

    Active

    CRMLS: 19466720

    $4,500

    Price

  • Listing provided courtesy of CRMLS

    Wonderful 2 bedroom 2 bath Venice beach rental with awesome private rooftop deck! Walk to all the shops and beaches nearby!Open kitchen and tile flooring. Available July 2019. Will consider pet

  • June, 2019

  • Jun 1, 2019

    Date

    Leased

    CRMLS: 19466828

    $2,500

    Price

  • May 15, 2019

    Date

    Active

    CRMLS: 19466828

    $2,500

    Price

  • Listing provided courtesy of CRMLS

    ONE BEDROOM ONE BATH COZY APARTMENT IN THE HEART OF VENICE BEACH. WOOD FLOORS, COMMON GARDEN AREA IN A FANTASTIC LOCATION! COMMON AREA LAUNDRY AND ONE CAR GARAGE. FANTASTIC VENICE BEACH LOCATION.

  • November, 2017

  • Nov 4, 2017

    Date

    Leased

    CRMLS: 17272080

    $4,300

    Price

  • Oct 18, 2017

    Date

    Price Change

    CRMLS: 17272080

    $4,300

    Price

  • Oct 13, 2017

    Date

    Price Change

    CRMLS: 17272080

    $4,560

    Price

  • Oct 10, 2017

    Date

    Price Change

    CRMLS: 17272080

    $4,750

    Price

  • Oct 6, 2017

    Date

    Price Change

    CRMLS: 17272080

    $4,850

    Price

  • Sep 19, 2017

    Date

    Active

    CRMLS: 17272080

    $5,100

    Price

  • Listing provided courtesy of CRMLS

    Great location at Venice Beach! Two bedroom and two bath upper floor unit with a large view deck. Private one car garage with storage shelves. Will consider small pet! Private community patio area with BBQ. Community Laundry included at no extra charge!

  • October, 2017

  • Oct 3, 2017

    Date

    Leased

    CRMLS: 17272114

    $2,350

    Price

  • Sep 19, 2017

    Date

    Active

    CRMLS: 17272114

    $2,400

    Price

  • Listing provided courtesy of CRMLS

    Great Location just off Venice Beach! One bedroom and one bath walking distance to Venice Beach! One car parking.

  • October, 2004

  • Oct 29, 2004

    Date

    Sold (Public Records)

    Public Records

    $1,080,000

    Price

  • August, 2003

  • Aug 15, 2003

    Date

    Sold (Public Records)

    Public Records

    $860,000

    Price

Show More

Tax History for 31 S Venice Blvd

Assessed Value (2020): $1,395,007
Year Land Value Improved Value Assessed Value
2020 $962,288 $432,719 $1,395,007

Home Value Compared to the Market

This property vs the competition

31 S Venice Blvd is listed 9.66% higher than the median list price for the city of Venice which has a median list price of $2,599,000. The median price per/sqft for Venice is $1,264 and this home is listed at $1448.17 per/sqft which puts the price per square foot 14.57% higher than the median price per square foot for the city of Venice.

About 31 S Venice Blvd

Detailed summary of property

31 S Venice Blvd is a multi family located in Venice, CA 90291 and is currently for sale. This multi family property offers 4 bedrooms, 4 bathrooms, roughly 1,968 living square feet, and sits on an approximately 2,641 square foot lot. 31 S Venice Blvd was first listed on ArdentRealEstateGroup.com on January 23, 2024. The homeowner is currently asking $2,850,000 and was originally asking $2,950,000. The median priced home in Venice is $2,599,000 with a median price per square foot of $1,264. Based on Ardent Real Estate Group's Venice Market Data, this home is listed 9.66% higher than the median priced home. Local competing homes currently for sale include 3610 Westwood Blvd, 10772 Woodbine St and 3344 Keystone Ave. While the average home in Venice, CA is selling in 106 days, 31 S Venice Blvd has a days on market of 87 days. There are currently 141 homes for sale in the Venice real estate market and 127 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 31 S Venice Blvd Venice, CA 90291 contact Ardent Real Estate Group and we will put you in touch with one of our Venice agents.

Public Facts for 31 S Venice Blvd

Public county record property details
Beds
4
Baths
4
Year built
1938
Sq. Ft.
1,968
Lot Size
2,641
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
15
APN
4226-014-013

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
$2,650,000
Median List Price/Sq.Ft.
$1,289
Median Sold Price
$2,302,000
Median Sold Price/Sq.Ft.
$1,423
Total Inventory
137
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%)

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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.