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712 6Th Ave, Venice, CA 90291
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712 6Th Ave Venice, CA 90291

$2,500,000
  • 8 Beds
  • 4 Baths
  • 3,192 Sq.Ft.
For Sale
$2,500,000 Get Pre-Qualified
Map preview of 712 6Th Ave, Venice, CA 90291

Property Overview: 712 6Th Ave Venice, CA has 8 bedrooms, 4 bathrooms, 3,192 living square feet and 5,658 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: Ocean breeze, many amazing restaurants, and shops is only the beginning for this amazing three unit home. Live in one, rent the rest, this property is an amazing opportunity for owner/user or developer. This property has tremendous upside potential and is ready for you. With beautiful southern California weather, and a walk, jog, or bike ride away to the famous Venice beach. Two of the three units will be delivered vacant. Ask your agent about the third unit. The down stairs unit features 3 bedrooms, 2 bathrooms, tile, laminate flooring, recces lights, and a second story featuring a master bedroom. The second unit features two bedrooms, one bath, recces lights, and was recently remodeled a few years ago. Unit number three features three bedrooms, and one bath and also features a balcony. This property will be ready for you to increase your portfolio revenue as two of the three units will be delivered vacant. This property has a tremendous back yard that is currently being used for parking. Schedule a tour today and lets get you into escrow.

Listed by Julio Midolo | BRE #01470385 | ReMax Sky
Co-listed by Kristina Schatzel | BRE #02168274 | The Executive Realty Group
Last checked: 7 minutes ago | Last updated: September 15th, 2022 | Source CRMLS | DOM: 604
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Home details

Lot Sq. Ft
5,658
HOA Dues
$0/mo
Year built
1953
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
DW22156412
City
Venice
County
Los Angeles
Time on Site
639 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $36,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,000
  • Total Rent: $36,000
  • Pro Forma/Market Rent: $36,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $18,000
  • Pro Forma/Market Rent: $30,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $102,000
  • Net Operating Income: $99,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $3,000
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $3,000
  • Water/Sewer: $3,000

Open Houses for 712 6Th Ave

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Property Details for 712 6Th Ave

Interior Features
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Individual Room
Fireplace Information
  • Has Fireplace
  • Kitchen, Living Room
Exterior Features
Exterior Information
  • Roof: Composition
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 2-5 Units/Acre, Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 3
  • Parcel Number: 4239003003
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Available
Location / Neighborhood
Location Information
  • Directions: Exit 10 west Lincoln Blvd, merge onto Olympic, Left on PCH, Right on Rose Ave, left onto 6th Ave
Neighborhood Information
  • Community Features: Watersports, Sidewalks, Street Lights
View more facts & features

Local Venice Agent

Sale History for 712 6Th Ave

Last sold on April 24th, 2012

  • March, 2024

  • Mar 17, 2024

    Date

    Hold

    CRMLS: SB23164954

    $2,250,000

    Price

  • Sep 8, 2023

    Date

    Active

    CRMLS: SB23164954

    $2,400,000

    Price

  • Listing provided courtesy of CRMLS

    This is a great opportunity for owner/user, value add, or investor/developer with vision to add ADU’s and take advantage of breathtaking tree lined streets. There is also a carport area and a back yard that fits 6 cars tandem or more. Large 5,658 sft lot zoned LARD1.5, completely fenced and private, with endless possibilities to keep as-is or develop. Well-maintained building Some basic Upgrades completed, such As a 5yr old roof, copper plumbing and Electrical panels. This amazing property is near popular Venice eateries.

  • July, 2022

  • Jul 15, 2022

    Date

    Active

    CRMLS: DW22156412

    $3,150,000

    Price

  • April, 2012

  • Apr 24, 2012

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 712 6Th Ave

Assessed Value (2020): $1,102,556
Year Land Value Improved Value Assessed Value
2020 $769,495 $333,061 $1,102,556

Home Value Compared to the Market

This property vs the competition

712 6Th Ave is listed 0% higher than the median list price for the city of Venice which has a median list price of $2,500,000. The median price per/sqft for Venice is $1,290 and this home is listed at $783.21 per/sqft which puts the price per square foot 39.29% lower than the median price per square foot for the city of Venice.

About 712 6Th Ave

Detailed summary of property

712 6Th Ave is a multi family located in Venice, CA 90291 and is currently for sale. This multi family property offers 8 bedrooms, 4 bathrooms, roughly 3,192 living square feet, and sits on an approximately 5,658 square foot lot. 712 6Th Ave was first listed on ArdentRealEstateGroup.com on July 26, 2022. The homeowner is currently asking $2,500,000 and was originally asking $3,150,000. The median priced home in Venice is $2,500,000 with a median price per square foot of $1,290. Based on Ardent Real Estate Group's Venice Market Data, this home is listed 0% higher than the median priced home. Local competing homes currently for sale include 132 S Kenter Ave, 1818 Midvale Ave and 12214 W Sunset Blvd. While the average home in Venice, CA is selling in 97 days, 712 6Th Ave has a days on market of 604 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 712 6Th 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 712 6Th Ave

Public county record property details
Beds
6
Baths
3
Year built
1953
Sq. Ft.
3,192
Lot Size
5,658
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
3
APN
4239-003-003

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%)

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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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