$1,920,500
●
House -
Off Market
1121 CABRILLO Avenue
Venice, CA 90291
2 Beds
1 Bath
1,200 Ft²
$3,082,129
RealtyHop Estimate
56.06%
Since Nov 1, 2017
CA-Los Angeles
Primary Model
About This Property
Charming California craftsman with designer touches. This sweet gem
is found in the heart of Venice just steps to famed Abbot Kinney,
Windward Circle and the beach. Be the lucky one to live the true
Venice beach life style. This stunning 2 Bedroom 2 Bath home boasts
soaring vaulted ceilings, wide plank French hardwood floors
throughout, a desired open floor plan that allows an abundance of
light, an updated chefs kitchen with custom built-ins and stainless
steel appliances, in addition to custom built-ins throughout to
create a seamless feel. The outdoor space is ideal for
entertaining, including an outside shower that will make any surfer
feel right at home! Property is complete with gated parking -
California living at its best!
Unit Size
1,200 Ft²
Days on Market
28 days
Land Size
0.06 acres
Price per sqft
$1,646
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1920
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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 #17267868)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Apr 15, 2021 | In contract | - | |
| In contract | |||
| Apr 9, 2021 | Price Decreased |
$1,875,000
↓ $45K
(2.3%) | |
| Price Decreased | |||
| Feb 26, 2021 | Listed | $1,920,000 | |
| Listed | |||
| | |||
|
Enjoy the ocean breezes on the porch of this adorable bungalow located in the charming neighborhood alongside Abbot Kinney and a short distance to the beach. The 1920 vintage home has a tastefully modernized interior with a light-filled open layout featuring vaulted ceilings, custom built-ins & wide plank French hardwood floors throughout. An updated kitchen comes with exposed brick, subway tiles and stainless steel appliances. Surfers and Swimmers will love the outdoor shower. Leave your car in the gated driveway and shop, eat, drink and play - the ideal Venice Beach lifestyle. The manager has listed the unit size as 1200 square feet.
| |||
| Oct 6, 2017 | Sold | ||
| Sold | |||
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Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Listed by: Nancy Osborne, Halton Pardee and Partners, In
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 17267868
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 17267868
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