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621 Rose Ave, Venice, CA 90291
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621 Rose Ave Venice, CA 90291

$1,800,000 Sold Price as of 07/21/2023
  • 4 Beds
  • 5 Baths
  • 1,850 Sq.Ft.
Sold
$1,800,000 Sold Price as of 07/21/2023 Refinance Your Mortgage
Map preview of 621 Rose Ave, Venice, CA 90291

Property Overview: 621 Rose Ave Venice, CA has 4 bedrooms, 5 bathrooms, 1,850 living square feet and 3,551 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: SELLER IS WILLING TO CARRY A 50% FIRST WITH 50% DOWN AT 4%! Large 2 story duplex located in the popular Rose Ave commercial district. Close to restaurants, coffee shops, retail, Whole Foods, and Venice Beach. Originally a small 1 story duplex, the seller built a 2 story modern townhouse style unit out of the front unit in 2008 and left the original 2 bed 1 bath unit in the rear. Main unit has 2 beds and 3 baths, nice open kitchen & living room space with a large private open patio in front. The two large bedrooms upstairs have 12 foot ceilings which gives a nice feeling to the space. The en suite master bedroom is very spacious with a balcony. There is also a skylight over the stairwell for additional light. Attached two car garage in rear off of alley has been turned into a studio rental unit with 3/4 bath and kitchenette, w/o permits. Studio unit is connected to the main unit for electrical service. May be a good candidate for an ADU, buyer to investigate. There is a gated concrete parking pad in the rear with room to park 3 cars. Property currently tenant occupied but will be delivered VACANT at the close of escrow. Great opportunity to purchase a vacant building and remodel or upgrade and re-tenant. Call agent for more info. Property under LA rent control and is zoned LAC4.

Listed by Derrick Ruiz | BRE #00919713 | eXp Realty of California Inc
Last checked: 10 minutes ago | Last updated: March 7th, 2024 | Source CRMLS | DOM: 92

Home details

Lot Sq. Ft
3,551
HOA Dues
$0/mo
Year built
1954
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23247781
City
Venice
County
Los Angeles
Time on Site
415 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $4,000
  • Total Rent: $4,000
  • Pro Forma/Market Rent: $5,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $3,250
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,750
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 25.2
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 621 Rose Ave

Interior Features
Heating Information
  • Has Heating
  • Combination
Laundry Information
  • Has Laundry
  • Stackable
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate
Kitchen Information
  • Has Appliances
  • Disposal, Refrigerator, Gas Range, Gas Oven
Interior Features
  • Beamed Ceilings
  • Levels: Two
  • Security Features: Gated Community
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Side by Side, Uncovered, Gated
Property Information
  • No View
  • View: None
  • Total # of Units: 2
  • Parcel Number: 4240003004
  • Architectural Style: Contemporary
  • Foundation Details: Slab
  • Accessibility Features: None
  • Property Condition: Updated/Remodeled, Additions/Alterations
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: 3 Blocks West of Lincoln Blvd
View more facts & features

Local Venice Agent

Sale History for 621 Rose Ave

Last leased for $5,350 on March 6th, 2024

  • March, 2024

  • Mar 6, 2024

    Date

    Leased

    CRMLS: 23334277

    $5,350

    Price

  • Dec 29, 2023

    Date

    Active

    CRMLS: 23334277

    $5,500

    Price

  • Listing provided courtesy of CRMLS

    Luxurious Furnished Apartment in Venice, CA - Ideal for Corporate Executives and Discerning Travelers! Experience the convenience and freedom of flexible short rental terms at our furnished 2-bedroom apartment in Venice, CA. Flexible Short Rental Terms: Positioned at the heart of the local lifestyle, it invites you to experience the best of Venice living. Whether you're a corporate executive, freelancer, or tourist, our flexible short-term leases are tailored to meet your specific accommodation needs in Venice, CA. Choose your stay duration, from 30 days to several months, and tailor your visit without long-term commitments. Our fully furnished apartment features a full kitchen, dishwasher, and in-unit washer and dryer, along with monthly maid service, internet, and ADT security included. Benefit from clear, inclusive rental rates with no hidden fees and a streamlined booking process that respects your time and travel needs. Situated conveniently close to the beach, Whole Foods, trendy dining and shopping options, it's perfect for both business trips and leisurely escapes. With flexible rental terms, easy extensions, and comprehensive services, focus on what matters most during your stay in Venice.

  • July, 2023

  • Jul 21, 2023

    Date

    Sold

    CRMLS: 23247781

    $1,800,000

    Price

  • Mar 5, 2023

    Date

    Active

    CRMLS: 23247781

    $2,149,000

    Price

Show More

Tax History for 621 Rose Ave

Assessed Value (2020): $376,294
Year Land Value Improved Value Assessed Value
2020 $214,208 $162,086 $376,294

Home Value Compared to the Market

This property vs the competition

621 Rose Ave sold on July 21, 2023 for 10.99% 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 $1107.57 per/sqft which puts the price per square foot 4.11% lower than the current median sale per square foot for the city of Venice.

About 621 Rose Ave

Detailed summary of property

621 Rose Ave is a multi family that recently sold in Venice, CA 90291. This multi family property offered 4 bedrooms, 5 bathrooms, roughly 1,850 living square feet, and sits on an approximately 3,551 square foot lot. 621 Rose Ave was first listed on ArdentRealEstateGroup.com on March 6, 2023. The homeowner sold the property for $1,800,000. 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 10.99% 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, 621 Rose Ave has a days on market of 92 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 621 Rose 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 621 Rose Ave

Public county record property details
Beds
3
Baths
3
Year built
1954
Sq. Ft.
1,700
Lot Size
3,550
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
179
APN
4240-003-004

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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Other Venice Resources

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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