$1,040,000
●
House -
Off Market
1028 PLEASANTVIEW Avenue
Venice, CA 90291
2 Beds
1 Bath
722 Ft²
$1,680,256
RealtyHop Estimate
46.75%
Since Sep 1, 2019
CA-Los Angeles
Primary Model
About This Property
*ALL CASH OFFERS ONLY* Located west of Lincoln Blvd., right in the
heart of Venice is a wonderful development opportunity. Situated on
an expansive 4,600+ sq. ft. lot, this 2 bedroom, 1 bathroom house
has a large backyard with mature orange and avocado trees. Close to
the beach, Abbot Kinney Blvd and trendy restaurants, the
possibilities are endless with this opportunity - do not miss out!
Unit Size
722 Ft²
Days on Market
56 days
Land Size
0.11 acres
Price per sqft
$1,586
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1947
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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 #19484650)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 3, 2022 | No longer available | - | |
| No longer available | |||
| Jan 20, 2022 | In contract | - | |
| In contract | |||
| Jan 14, 2022 | Listed by eXp Realty of California Inc | $1,499,900 | |
| Listed by eXp Realty of California Inc | |||
| | |||
|
Venice California. Just a short walk to the famous Abbott Kinney area of Venice Beach where you will enjoy the arts, cafes, restaurants, festivals and the great vibe the area offers. It's also a short walk to the beach. This property has enough space for an ADU or Duplex with its own private rear entrance. ADU plans included and are attached. This home has been fully remodeled, new wood floors, amazing accents, stones and cabinets. Great enclosed front yard, and very large rear yard. No need to pay big bucks for that Avocado Toast, just walk into your back yard and grab your own delicious California Avocado from your very own tree. (While visiting please do not take any avocados) Words can describe this special Venice Bungalow. Check out the pictures in the tour. The manager has listed the unit size as 722 square feet.
| |||
| Aug 30, 2019 | Sold | ||
| Sold | |||
| Jul 5, 2019 | Listed by Halton Pardee and Partners, In | $1,145,000 | |
| Listed by Halton Pardee and Partners, In | |||
Property Highlights
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: Penny Muck, Halton Pardee and Partners, In
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 19484650
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 19484650
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