$1,722,000
●
House -
Off Market
2900 BEACH Avenue
Venice, CA 90291
3 Beds
2 Baths
1,300 Ft²
$2,596,019
RealtyHop Estimate
49.80%
Since May 1, 2018
CA-Los Angeles
Primary Model
About This Property
Located in one of the best Venice Beach neighborhoods, this
quintessential home is in the sought-after Silver Triangle &
moments to the canals, beach, Abbot Kinney Blvd, & trendy
Washington Blvd. Throughout this darling home, all of the windows
have been thoughtfully placed to bring in ample natural light. The
kitchen boasts beautiful granite countertops, stainless steel
appliances, a large skylight, & a 3-paned bay window. Step down
into the sun-drenched dining area w/French doors flanked by windows
on each side, drawing your eye outside to views of your beautiful
backyard. The private & tranquil yard includes a delightful outdoor
patio area creating the perfect place for entertaining. The
original garage has been converted to a large master suite with
ample closet space, en-suite bathroom, & French doors that lead
outside to the covered patio. Moments to everything that Venice has
to offer, this bright beach cottage is a true hidden oasis.
Unit Size
1,300 Ft²
Days on Market
42 days
Land Size
0.08 acres
Price per sqft
$1,333
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1947
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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 #18317820)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 11, 2018 | Sold | ||
| Sold | |||
| Feb 28, 2018 | Listed by Halton Pardee and Partners, In | $1,733,000 | |
| Listed by Halton Pardee and Partners, In | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Asking Price
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Sold On
Sold On
HOA + Taxes
About West Los Angeles
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Listed by: Penny Muck, Halton Pardee and Partners, In
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 18317820
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 18317820
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