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34 Dudley Ave, Venice, CA 90291
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34 Dudley Ave Venice, CA 90291

$1,900,000 Sold Price as of 11/01/2023
  • 4 Beds
  • 5 Baths
  • 2,672 Sq.Ft.
Sold
$1,900,000 Sold Price as of 11/01/2023 Refinance Your Mortgage
Map preview of 34 Dudley Ave, Venice, CA 90291

Property Overview: 34 Dudley Ave Venice, CA has 4 bedrooms, 5 bathrooms, 2,672 living square feet and 3,751 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Once in a lifetime opportunity to acquire 5-unit on a quiet walk street just steps to the famed Venice Beach Boardwalk, and a short walk to Abbot Kinney, Main Street and Rose Ave. Property consists of (1) 2+1, (2) 1+1, and (2) 0+1 units, and is fully occupied. Drive-by only, interior viewings with accepted offer only. Market CAP of 5.16, and a low $439,000/unit price! Where else can you acquire units for less right next to the beach? Tremendous upside and long-term potential.

Listed by Joshua L Barre | BRE #01222605 | Westside Property Management Inc.
Last checked: 6 minutes ago | Last updated: November 3rd, 2023 | Source CRMLS | DOM: 117

Home details

Lot Sq. Ft
3,751
HOA Dues
$0/mo
Year built
1948
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23278729
City
Venice
County
Los Angeles
Time on Site
322 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,600
  • Total Rent: $2,600
  • Pro Forma/Market Rent: $3,995
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,341
  • Total Rent: $3,341
  • Pro Forma/Market Rent: $5,390
Unit Breakdown 3
  • # of Units: 2
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,850
  • Total Rent: $2,850
  • Pro Forma/Market Rent: $4,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 2.46%
  • Gross Rent Multiplier: 20.81
  • Gross Scheduled Income: --
  • Net Operating Income: $56,473
  • Gross Operating Income: $105,492
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 34 Dudley Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Baseboard
Kitchen Information
  • Has Appliances
  • Disposal
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Property Information
  • Total # of Units: 5
  • Parcel Number: 4286021013
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Pacific Ave to Dudley Ave
View more facts & features

Local Venice Agent

Sale History for 34 Dudley Ave

Last sold for $1,900,000 on November 1st, 2023

  • November, 2023

  • Nov 1, 2023

    Date

    Sold

    CRMLS: 23278729

    $1,900,000

    Price

  • Jun 8, 2023

    Date

    Active

    CRMLS: 23278729

    $2,195,000

    Price

  • June, 2023

  • Jun 1, 2023

    Date

    Expired

    CRMLS: 22179587

    $2,195,000

    Price

  • Jul 16, 2022

    Date

    Active

    CRMLS: 22179587

    $2,650,000

    Price

  • Listing provided courtesy of CRMLS

    Fantastic opportunity to acquire 5-unit on a quiet walk street just steps to the famed Venice Beach Boardwalk, and a short walk to Abbot Kinney, Main Street and Rose Ave. Property consists of (1) 2+1, (2) 1+1, and (2) 0+1 units, and is fully occupied. Drive-by only, interior viewings with accepted offer only.

Show More

Tax History for 34 Dudley Ave

Assessed Value (2020): $128,925
Year Land Value Improved Value Assessed Value
2020 $72,607 $56,318 $128,925

Home Value Compared to the Market

This property vs the competition

34 Dudley Ave sold on November 1, 2023 for 4.65% 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 $821.48 per/sqft which puts the price per square foot 28.88% lower than the current median sale per square foot for the city of Venice.

About 34 Dudley Ave

Detailed summary of property

34 Dudley Ave is a multi family that recently sold in Venice, CA 90291. This multi family property offered 4 bedrooms, 5 bathrooms, roughly 2,672 living square feet, and sits on an approximately 3,751 square foot lot. 34 Dudley Ave was first listed on ArdentRealEstateGroup.com on June 9, 2023. The homeowner sold the property for $1,900,000. 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 4.65% lower than the current median priced home. Local homes that are currently for sale include 8607 Airdrome St, 1647 S Holt Ave and 1140 S Shenandoah St. While the average home in Venice, CA is selling in 106 days, 34 Dudley Ave has a days on market of 117 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 34 Dudley 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 34 Dudley Ave

Public county record property details
Beds
4
Baths
5
Year built
1948
Sq. Ft.
2,672
Lot Size
3,751
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
15
APN
4286-021-013

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
$2,599,000
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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