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705 4th Ave, Venice, CA 90291
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705 4th Ave Venice, CA 90291

$2,140,000 Sold Price as of 03/12/2021
  • 6 Beds
  • 4 Baths
  • 2,424 Sq.Ft.
Sold
$2,140,000 Sold Price as of 03/12/2021 Refinance Your Mortgage
Map preview of 705 4th Ave, Venice, CA 90291

Property Overview: 705 4th Ave Venice, CA has 6 bedrooms, 4 bathrooms, 2,424 living square feet and 6,002 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Savvy investors will delight in this exciting opportunity of four units in a superb location just blocks from lively restaurants and shops on Abbot Kinney Blvd. With the potential to be used in any way that suits your liking. Choose to live in one and rent out the rest while relishing this unbeatable location, or take advantage of income from all four units. All four, classic bungalow-style homes have open-plan living and high ceilings to enhance the sense of space. Three of the units are updated with fresh, refined color palettes, on-trend finishes, and recessed lighting to ensure a vibrant, modern look to light up the environment. The quality kitchens have shaker-style cabinetry, a suite of stainless steel appliances, and gas ranges. The bedrooms are all generously sized, and the bathrooms offer plenty of room for picky tenants. Some of the units have small yet delightful courtyards or a porch for outdoor entertaining, while all of the homes are surrounded by easy-care landscaping. Fences ensure privacy while the colorful doors set each unit apart from the other. This amazing investment opportunity is located right across the street from an art studio and only a short distance from everything this area has to offer, such as the renowned Abbot Kinney Blvd featuring trendy eateries and exceptional shopping options. The iconic Venice Beach along with Dudley Market, the Venice Skate Park, local parks, and shopping are all within easy access.

Listed by Brian Cooper | BRE #01434286 | The Firm
Last checked: 15 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 11

Home details

Lot Sq. Ft
6,002
HOA Dues
$0/mo
Year built
1925
Garage
--
Property Type:
Single Family Home
Status
Sold
MLS#
SR21026960
City
Venice
County
Los Angeles
Time on Site
1171 days

Property Details for 705 4th Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Floor Furnace
Laundry Information
  • Has Laundry
  • Outside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 6
  • Downstairs Bathrooms: 6
  • All Bedrooms Down
Kitchen Information
  • Has Appliances
  • Gas Oven
Bathroom Information
  • # of Baths (Full): 4
Interior Features
  • Cathedral Ceiling(s), Open Floorplan
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 4286008021
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Schools
School Information
  • High School: Venice
  • High School: VENICE
  • High School District: Los Angeles Unified
Location / Neighborhood
Location Information
  • Directions: ON the Corner of 4th and Vernon
Neighborhood Information
  • Community Features: Biking, Dog Park, Sidewalks, Urban
View more facts & features

Local Venice Agent

Sale History for 705 4th Ave

Last sold for $2,140,000 on March 12th, 2021

  • March, 2021

  • Mar 14, 2021

    Date

    Sold

    CRMLS: SR21026960

    $2,140,000

    Price

  • Feb 27, 2021

    Date

    Pending

    CRMLS: SR21026960

    $2,499,995

    Price

  • Feb 22, 2021

    Date

    Active Under Contract

    CRMLS: SR21026960

    $2,499,995

    Price

  • Feb 9, 2021

    Date

    Active

    CRMLS: SR21026960

    $2,499,995

    Price

  • July, 2020

  • Jul 28, 2020

    Date

    Canceled

    CRMLS: SR20001530

    $2,399,995

    Price

  • May 27, 2020

    Date

    Price Change

    CRMLS: SR20001530

    $2,399,995

    Price

  • Jan 3, 2020

    Date

    Active

    CRMLS: SR20001530

    $2,499,995

    Price

  • Listing provided courtesy of CRMLS

    First time on the market in over 60 years in the heart of Venice. The property is within walking distance to the beach and Abbott Kiney. 3 separate structures on one parcel. Corner house is a 2 bedroom 1 bath, with 2 attached duplexes in the middle which are 1 bedroom 1 bath and another house on the ally side which is also 1 bedroom 1 bath. All units are currently occupied with tenants. This property has a ton of potential, with either rehab opportunity or a complete development.

  • January, 2020

  • Jan 1, 2020

    Date

    Expired

    CRMLS: 219010924

    $2,599,000

    Price

  • Aug 31, 2019

    Date

    Active

    CRMLS: 219010924

    $2,599,000

    Price

  • Listing provided courtesy of CRMLS

    First time on the market in over 60 years in the heart of Venice. The property is within walking distance to the beach and Abbott Kiney. 3 separate structures on one parcel. Corner house is a 2 bedroom 1 bath, with 2 attached duplexes in the middle which are 1 bedroom 1 bath and another house on the ally side which is also 1 bedroom 1 bath. All units are currently occupied with tenants. This property has a ton of potential, with either rehab opportunity or a complete development.

  • September, 2017

  • Sep 22, 2017

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 705 4th Ave

Assessed Value (2020): $1,846,710
Year Land Value Improved Value Assessed Value
2020 $1,638,630 $208,080 $1,846,710

Home Value Compared to the Market

This property vs the competition

705 4th Ave sold on March 12, 2021 for 8.6% higher 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 $1031.35 per/sqft which puts the price per square foot 10.71% lower than the current median sale per square foot for the city of Venice.

About 705 4th Ave

Detailed summary of property

705 4th Ave is a single family home that recently sold in Venice, CA 90291. This house offered 6 bedrooms, 4 bathrooms, roughly 2,424 living square feet, and sits on an approximately 6,002 square foot lot. 705 4th Ave was first listed on ArdentRealEstateGroup.com on February 9, 2021. The homeowner sold the property for $2,140,000. 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 8.6% higher than the current median priced home. Local homes that are currently for sale include 12400 Pacific Ave, 3857 S Centinela Ave and 2831 Stoner Ave. While the average home in Venice, CA is selling in 97 days, 705 4th Ave has a days on market of 11 days. There are currently 154 homes for sale in the Venice real estate market and 139 of them are single family homes while 11 of them are condos and 4 are townhomes. For more information on this home for sale at 705 4th 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 705 4th Ave

Public county record property details
Beds
4
Baths
3
Year built
1925
Sq. Ft.
2,424
Lot Size
6,002
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
20
APN
4286-008-021

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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(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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