$2,260,000
●
House -
Off Market
2328 OCEAN Avenue
Venice, CA 90291
3 Beds
3 Baths,
1
Half Bath
2,740 Ft²
$3,430,259
RealtyHop Estimate
49.14%
Since Sep 1, 2018
CA-Los Angeles
Primary Model
About This Property
Back on the market - buyers could not get financing. Beyond the
home's private gated entrance, a wraparound balcony offers two
separate areas perfect for ample outdoor entertaining and dining
under the sun coupled with the relaxing ocean breeze. Step inside
this light-infused modern coastal home with vaulted ceiling and
fireplace. Transition into the kitchen through the open floor plan
boasting a center island with granite countertops and custom
cabinetry. Bonus room next to the kitchen serves as an office or
fourth bedroom. Head upstairs to two bedrooms both with ensuite
bathrooms. The master bedroom, accessed by a quaint hallway, boasts
high ceilings, a walk-in-closet with built-ins, double-sided
fireplace and a private balcony. Versatility rounds out the third
bedroom, easily useable as either a second living room or third
bedroom with ensuite bathroom and large outdoor space. Centrally
located across from Venice canals and a short distance to Abbot
Kinney, the beach, and shops.
Unit Size
2,740 Ft²
Days on Market
109 days
Land Size
0.06 acres
Price per sqft
$839
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2004
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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 #18337886)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 14, 2018 | Sold | ||
| Sold | |||
| Aug 13, 2018 | No longer available | - | |
| No longer available | |||
| Jun 8, 2018 | Listed | $2,300,000 | |
| Listed | |||
| | |||
|
Back on the market - buyers could not get financing. Beyond the home's private gated entrance, a wraparound balcony offers two separate areas perfect for ample outdoor entertaining and dining under the sun coupled with the relaxing ocean breeze. Step inside this light-infused modern coastal home with vaulted ceiling and fireplace. Transition into the kitchen through the open floor plan boasting a center island with granite countertops and custom cabinetry. Bonus room next to the kitchen serves as an office or fourth bedroom. Head upstairs to two bedrooms both with ensuite bathrooms. The master bedroom, accessed by a quaint hallway, boasts high ceilings, a walk-in-closet with built-ins, double-sided fireplace and a private balcony. Versatility rounds out the third bedroom, easily useable as either a second living room or third bedroom with ensuite bathroom and large outdoor space. Centrally located across from Venice canals and a short distance to Abbot Kinney, the beach, and shops. The manager has listed the unit size as 2740 square feet.
| |||
| Apr 27, 2018 | Listed by The Agency | $2,300,000 | |
| Listed by The Agency | |||
| Aug 20, 2017 | Listed | $2,598,000 | |
| Listed | |||
| | |||
|
There's a touch of the Hamptons in this chic contemporary-style Craftsman perfectly situated between the Venice Canals & the cool boutiques & restaurants of Abbot Kinney. You'll feel welcome the moment you enter the dramatic sun-drenched 2-story living room with wood-beamed ceilings, skylights & a wood-burning fireplace. A Gourmet kitchen w/Thermador Pro oven & French farmhouse-style cabinetry opens to a dining room that flows outdoors to a garden patio, perfect for gracious entertaining. Upstairs a gallery-style hallway leads to the airy Master Retreat w/cathedral ceilings, double-facing fireplace, balcony & luxurious bath with soaking tub & spa shower. Completing the 2nd floor is a Hamptons-style Master suite w/ balcony. Escape to the top level & relax in the spacious Den (or 3rd Master Suite) w/ wood-beamed ceilings open to a roof deck to enjoy the sunsets & cool ocean breezes. Come discover the wonders of coastal living, moments away from Venice Beach. The manager has listed the unit size as 2740 square feet.
| |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Beds
Baths
ft²
Price/ft²
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Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
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Listed by: Michael Grady, The Agency
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 18337886
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 18337886
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