$1,930,000
●
House -
Off Market
2818 CLUNE Avenue
Venice, CA 90291
2 Beds
1 Bath
865 Ft²
$2,944,799
RealtyHop Estimate
56.06%
Since Nov 1, 2017
CA-Los Angeles
Primary Model
About This Property
Charming Venice beach home in a prime location one block from the
historical canals & a short stroll to trendy Abbot Kinney, Marina,
& beach. This 2 bed 1 bath traditional home features an open living
room w/ vaulted ceiling, skylights & hardwood flooring. The kitchen
includes ample cabinets & built-ins along with a separate laundry
room. There are 2 bright & airy bedrooms, one w/ French doors
opening up to the spacious rear yard with patio. Light-filled
separate garage conversion offers private space for office,
artist's studio, or your imagination. Enjoy this ideal neighborhood
setting with a walk and bike score of 89 and the highly rated Coeur
d'Alen school. Take a short stroll to the nearby shops and cafes on
Washington & Abbot Kinney as well as the locally held Venice
farmer's market. Owner users and developers alike will enjoy the
expansive lot allowing for possible expansion of the current
property or build your dream home. Don't miss out on this amazing
opportunity!
Unit Size
865 Ft²
Days on Market
92 days
Land Size
0.12 acres
Price per sqft
$2,182
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1939
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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 #17243200)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 17, 2021 | No longer available | - | |
| No longer available | |||
| Oct 16, 2021 | In contract | - | |
| In contract | |||
| Sep 29, 2021 | Price Decreased |
$1,895,000
↓ $80K
(4.1%) | |
| Price Decreased | |||
| Jul 15, 2021 | Listed by Compass | $1,975,000 | |
| Listed by Compass | |||
| | |||
|
Incredible opportunity to own a prime canals adjacent location! The storybook home of acclaimed artist Laura Kimpton featuring her iconic 'LOVE' word sculpture and original works. This beautiful and enchanting 2bd/1ba traditional is the perfect hideaway for anyone desiring something special and proximity to Abbot Kinney, Washington, Marina and beaches. Updated single story living with ample gated outdoor space as well as a delightful detached creative studio. Work and play from home. There are plenty of outdoor entertainment areas on the large lot over 5,000 sqft. Updates throughout including kitchen, bathroom and two wall A/C units keep this sun-kissed cutie cool in the hot summer. Completely unique and overflowing with warmth and charm. Offering rarity and an unrivaled location, this is the perfect home to further update or develop to your artistic vision. 'All you need is love.' The manager has listed the unit size as 865 square feet.
| |||
| Oct 27, 2017 | Sold | ||
| Sold | |||
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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: Jonathan Pearson, Halton Pardee and Partners, In
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 17243200
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 17243200
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