See Home Value
$2,696,045*
Multifamily - Off Market

486 CARROLL Avenue

Venice, CA 90291
bedrooms
5 Beds
bathrooms
3 Baths
square feet
1604 Sqft
$1,665,000 - $2,035,000
Reference Base Price*
45.73%
Since Nov 1, 2019
CA-Los Angeles
Primary Model

About This Property

486-488-490 Carroll Ave. is in the prime location of Venice, only 150 feet from the Canals. Corner lot with an alley. Walk to Beach and Canals from this adorable triplex consisting of a free-standing 2-bed 1-bath unit and two 1-bed 1-bath units stacked with a lovely courtyard in between. Great property in a great area. A true value-add with potential CAP of 5.06% and GRM of 15.42. This property may be purchased along with adjacent property, 2309 Ocean Ave., a Single Family Residence fully leased for $4,995 a month, that forms 2 contiguous parcels. Buy 2 properties together with $100,000 discount. Call Listing Agent for more info on the house. A unique opportunity to acquire 2 adjacent properties in Venice for immediate cash flow, and future development. Please do not contact/disturb the tenants of either property. Purchase of the property is subject to 3 tenants' month-to-month leases.

The manager has listed the unit size as 1604 square feet.
Unit Size
1,604Ft²
Days on Market
-
Land Size
2,701.00 acres
Price per sqft
$1,153
Property Type
Multifamily
Property Taxes
$7,637
HOA Dues
-
Year Built
1930

Price History

Date / Event Date Event Price
Jun 28, 2022 Sold to Mithun Jonathan Mahinda $1,910,000
Sold to Mithun Jonathan Mahinda
Oct 4, 2019 No longer available -
No longer available
Jul 1, 2019 Price Increased $1,850,000
↑ $100K (5.7%)
Price Increased
May 10, 2019 Price Decreased $1,750,000
↓ $100K (5.4%)
Price Decreased
Feb 16, 2019 Listed $1,850,000
Listed

Property Highlights

Fireplace


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
2 Beds
2.5 Baths
1,755 ft²
$1,248/ft²
$2,190,000 Dec 13, 2023
-
-
House
3 Beds
2 Baths
1,716 ft²
$1,104/ft²
$1,895,000 Nov 17, 2023
-
-
Other
Loft
-
1,604 ft²
$1,347/ft²
$2,160,000 Jan 10, 2024
-
-
Other
Loft
-
1,867 ft²
$1,004/ft²
$1,875,000 Jan 25, 2023
-
-
House
3 Beds
3 Baths
1,900 ft²
$895/ft²
$1,700,000 Nov 21, 2023
-
-
Townhouse
3 Beds
3 Baths
1,950 ft²
$1,000/ft²
$1,950,000 Jan 9, 2024
-
$963/mo
Other
Loft
-
1,196 ft²
$1,325/ft²
$1,585,000 Oct 3, 2023
-
-
Other
Loft
-
1,139 ft²
$1,752/ft²
$1,995,000 Jun 16, 2023
-
-
House
3 Beds
3.5 Baths
2,258 ft²
$753/ft²
$1,700,000 Nov 30, 2023
-
-
House
2 Beds
1 Bath
864 ft²
$2,301/ft²
$1,988,000 Jan 22, 2024
-
-
House
2 Beds
1.5 Baths
720 ft²
$2,493/ft²
$1,795,000 Jan 23, 2024
-
-
House
1 Bed
1 Bath
720 ft²
$2,292/ft²
$1,650,000 Nov 15, 2023
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220308
03/08/2022
Studio
-
-
$1,900,000
bedrooms
Studio
bathrooms
-
-
-
-
Tikva Nemani
Real Estate eBroker Inc.
20191017
10/17/2019
4 Bed
3 Bath
1604 ft²
$1,800,000
bedrooms
4 Bed
bathrooms
3 Bath
square feet
1604 ft²
-
-
-
-
20190216
02/16/2019
5 Bed
3 Bath
1604 ft²
$1,850,000
bedrooms
5 Bed
bathrooms
3 Bath
square feet
1604 ft²
-
-
-
-

Building Info

486 Carroll Avenue 486 Carroll Avenue, Venice, CA 90291
  • 1 Unit for Sale
More about this Building
486 Carroll Avenue
Want to find out who owns 486 Carroll Avenue, Venice, CA 90291? Get detailed property transactions here .

About West Los Angeles


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