$1,495,000
●
House -
Off Market
1008 VERNON Avenue
Venice, CA 90291
4 Beds
1 Bath
1,482 Ft²
$2,308,815
RealtyHop Estimate
49.05%
Since Jun 1, 2018
CA-Los Angeles
Primary Model
About This Property
Well located, Venice Original, A 1951 Home on a Large 6,500 SQ.FT,
Corner lot. East of Lincoln Blvd., in the Penmar Park and Golf
neighborhood. 4 Bedrooms, the rear master bedroom was added on and
has its own entrance. A nice sized and sunny, eat-in kitchen
and separate laundry room. Original hard wood under carpet in
living room and front 3 bedrooms. 2 car detached garage! Come
remodel into to your own Venice dream home and bike down Rose Ave
to Whole Foods, Restaurants and the Beach. East to view daily and
open Sunday April 8TH 2-5:00 PM.
Unit Size
1,482 Ft²
Days on Market
31 days
Land Size
0.15 acres
Price per sqft
$1,045
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1951
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (CLAW #18328512)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 30, 2019 | Sold | ||
| Sold | |||
| May 13, 2019 | Listed by Keller Williams Beach Cities | $2,099,000 | |
| Listed by Keller Williams Beach Cities | |||
| | |||
|
Welcome to 1008 E. Vernon & 714 S. Appleby. Sexy, one-story, remodeled Venice chic CA bungalow is located on a sprawling corner lot & ready for the modern day family! There's a separate, detached remodeled ADU w/own entry, outdoor space & parking that's ideal for rental/extended family. Main hse has 4 beds 3 baths, vaulted ceiling, Viking appliances, White Oak floors, pre-wired, beautiful custom tile in baths, & a layout perfect for family functionality. Kitchen opens to living/dining area w/easy flow to the outdoor space perfect for entertaining & dining. Master suite has own private patio, soaking tub & walk-in shower. There are 3 spacious secondary bedrooms that include Jack n Jill floorplan, a spacious laundry room & pantry. Generous size fenced & grassy yard comes w/lots of add'l out-door tucked-away areas perfect for privacy & seclusion. Located in a quiet pocket of Venice w/easy parking. Walk to Abbot Kinney & a short ride to the beach. Come enjoy all Venice has to offer!
| |||
| May 1, 2018 | Sold | ||
| Sold | |||
| Mar 31, 2018 | Listed by RE/MAX ESTATE PROPERTIES | $1,549,000 | |
| Listed by RE/MAX ESTATE PROPERTIES | |||
Property Highlights
Parking Available
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About West Los Angeles
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Listed by: Janet Jung, RE/MAX ESTATE PROPERTIES
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 18328512
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 18328512
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