25
Map
2615 Beach Avenue
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 11, 2026 | In contract | - | |
| In contract | |||
| Aug 10, 2026 | Listed by Nourmand & Associates-BW | $1,699,000 | |
| Listed by Nourmand & Associates-BW | |||
| May 12, 2026 | Price Decreased |
$1,799,000
↓ $50K
(2.7%) | |
| Price Decreased | |||
| Mar 4, 2026 | Listed by Nourmand & Associates-BW | $1,849,000 | |
| Listed by Nourmand & Associates-BW | |||
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Discover this private retreat in a quiet enclave within the sought-after Silver Triangle area of Venice Beach, California. This stylish 3-bedroom, 2-bathroom bungalow is nestled on a corner lot, just steps away from the enchanting Venice Canals. It boasts a bright and airy open floor plan, ideal for both relaxation and entertaining. Enjoy the modern kitchen with skylight, granite counters, new refrigerator and dishwasher, a peninsula bar counter and eat-in area with bay window and built-in bench seating. The spacious living area has plenty of natural light from the remote-controlled skylight. Catch ocean breezes in the serene backyard with its new romantic fire-pit and flat-screen TV, perfect for outdoor gatherings and alfresco dining. The oversized one-car garage is equipped with a Tesla charger and features French doors leading to the backyard, so that it could be used as a versatile bonus room, office or entertaining space. Additional features include: Newer central AC, solar panels, white oak floors, plantation shutters and Ring alarm system with exterior cameras. With a surprising amount of street parking, even on peak summer weekends, entertaining is a breeze. This hidden gem is just just a short stroll or roll from Venice beach, world-class restaurants and the trendy Abbott Kinney area. This is your chance to enjoy the wonderful vibrant Venice lifestyle and have the beach as your back yard.
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| Oct 16, 2025 | Price Decreased |
$1,899,000
↓ $40K
(2.1%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017