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Map
$5,897,002*
●
House -
Off Market
1220 Cabrillo Ave
Venice, CA 90291
3 Beds
3 Baths,
1
Half Bath
3457 Sqft
$4,046,000 - $4,944,000
Reference Base Price*
31.19%
Since Jan 1, 2021
CA-Los Angeles
Primary Model
About This Property
Prime investment property w/ premium established rents in the heart
of Venice Beach, offered turn-key fully furnished. Consistently &
currently leased for $25,000/month. A track record of high
net-worth & celebrity renters plus a prime location next to Abbot
Kinney make this one of the most profitable, coolest investment
opportunities in LA's hippest blue chip area. Unheard of 15%+ cash
on cash returns based on current mortgage rates. Completely private
& gated w/ lush greenery inside & out w/ lots of outdoor space to
work & relax under the sun. Crafted designer details, luscious
walnut millwork, & timeless finishes throughout. An estate-like
master enjoys the entire top floor w/ separate formal sitting area,
expansive deck, & 15 ft vaulted glass ceiling w/ Velux skylights
that open, a wow factor upon entry. Start & finish your days on the
resort rooftop patio, ideal for entertaining year-round w/ 360
degree views from the coast to the hills.
The manager has listed the unit size as 3457 square feet.
The manager has listed the unit size as 3457 square feet.
Unit Size
3,457Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$1,300
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2008
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 21, 2023 | No longer available | - | |
| No longer available | |||
| Jul 9, 2023 | Price Decreased |
$4,995,000
↓ $500K
(9.1%)
|
|
| Price Decreased | |||
| Jun 9, 2023 | Listed | $5,495,000 | |
| Listed | |||
|
|
|||
|
Designer curated architectural compound, bright and airy, between
Abbot Kinney and the beach, on the quiet side of Cabrillo Avenue.
An idyllic Venice hideaway for your own beach setting, or a turnkey
investment property with a substantial rental history occupied by
A-list and top-tier tenants. Steps away from eateries and shopping.
A great low maintenance space to live & work. Gentle entry fountain
leads to a voluminous living room with brass modern chandelier,
fireplace, and rich…
|
|||
| May 4, 2021 | No longer available | - | |
| No longer available | |||
| Apr 13, 2021 | Listed | $4,250,000 | |
| Listed | |||
|
|||
|
Exquisite Venice style w/ strong artistic pedigree, this
sophisticated architectural is an idyllic Abbot Kinney hideaway.
With a rich history of celebrity occupants consistently leasing out
at $25,000/month, this rare gem is an ideal investment property,
weekend getaway, or primary residence. Perfectly situated on one of
Venice's best streets, this furnished home offers a classy
California beach life. Completely private & gated w/ lush greenery
inside & out, there's an array of…
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Show More
Property Highlights
Air Conditioning
Garage
1220 Cabrillo Ave
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Active
House
4
Beds
3.5
Baths
3,272 ft²
$1,129/ft²
$3,695,000
Apr 27, 2023
-
-
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
06/09/2023
|
|
3 Bed
|
3 Bath
|
3457 ft²
|
$5,495,000
3 Bed
3 Bath
3457 ft²
|
-
-
|
-
|
Justin Alexander
Compass
|
|
11/16/2020
|
|
3 Bed
|
3 Bath
|
3457 ft²
|
$4,495,000
3 Bed
3 Bath
3457 ft²
|
-
-
|
-
|
-
|
|
11/13/2019
|
|
3 Bed
|
3 Bath
|
3457 ft²
|
$4,500,000
3 Bed
3 Bath
3457 ft²
|
-
-
|
-
|
-
|
Building Info
