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Map
$2,696,045*
●
Multifamily -
Off Market
486 CARROLL Avenue
Venice, CA 90291
5 Beds
3 Baths
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.
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
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
In Contract
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
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
03/08/2022
|
|
Studio
|
-
|
-
|
$1,900,000
Studio
-
|
-
-
|
-
|
Tikva Nemani
Real Estate eBroker Inc.
|
10/17/2019
|
|
4 Bed
|
3 Bath
|
1604 ft²
|
$1,800,000
4 Bed
3 Bath
1604 ft²
|
-
-
|
-
|
-
|
02/16/2019
|
|
5 Bed
|
3 Bath
|
1604 ft²
|
$1,850,000
5 Bed
3 Bath
1604 ft²
|
-
-
|
-
|
-
|