See Home Value
Los Angeles 90291 Venice
515 Santa Clara Avenue
$2,025,000 - $2,475,000
Multifamily - Off Market

515 Santa Clara Avenue

Venice, CA 90291
bedrooms
Studio
bathrooms
4 Baths
square feet
2268 Sqft

About This Property

This is the opportunity you've been waiting for. Location, location, location - just a short distance to the famous Abbott Kinney and some of the finest restaurants and coffee shops. This is a beautifully landscaped income property consisting of 6 spacious sun filled bungalow units with No LA Rent Control. The current cap rate is 4.3% and with rent increases easily over 5%. Each units has individual circuit breaker boxes in the apartment, updated kitchens, bathrooms, flooring and water heaters. All 6 units have private decks with the 2 front units having incredibly huge decks within a private yard. The 2 middle units have newer mini split hvac units.  There is a garage consisting of 2 units and an attached common laundry room. In the back of the property there is also a barbeque and dining area. There is financing that can be assumed, please inquire as to the specifics. The location of this property makes it easy for groceries, coffee, dining and just walking to the beach.

The manager has listed the unit size as 2268 square feet.
Unit Size
2,268Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$992
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1923

Price History

Date / Event Date Event Price
Jan 26, 2024 No longer available -
No longer available
Jan 24, 2024 Sold $1,224,000
Sold
Nov 28, 2023 Price Decreased $2,250,000
↓ $135K (5.7%)
Price Decreased
Nov 9, 2023 Price Increased $2,385,000
↑ $90K (3.9%)
Price Increased
Sep 30, 2023 Relisted $2,295,000
Relisted
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Property Highlights

Air Conditioning
Exterior Details

Exterior Information

Stucco


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
4 Beds
2.5 Baths
1,755 ft²
$1,248/ft²
$2,190,000 Jun 11, 2023
-
-
Multifamily
4 Beds
3 Baths
1,512 ft²
$1,250/ft²
$1,890,000 Sep 13, 2023
-
-
Townhouse
3 Beds
3 Baths
2,480 ft²
$963/ft²
$2,389,000 Sep 25, 2023
-
$550/mo
House
3 Beds
4 Baths
2,152 ft²
$1,201/ft²
$2,585,000 Jul 31, 2023
-
-
House
4 Beds
4 Baths
1,799 ft²
$1,334/ft²
$2,400,000 Sep 7, 2023
-
-
Townhouse
3 Beds
3 Baths
2,830 ft²
$882/ft²
$2,495,000 Aug 10, 2023
-
$514/mo
House
3 Beds
2 Baths
1,700 ft²
$1,235/ft²
$2,099,000 Sep 8, 2023
-
-
House
3 Beds
3 Baths
1,552 ft²
$1,514/ft²
$2,350,000 Aug 31, 2023
-
-
House
3 Beds
3 Baths
1,504 ft²
$1,326/ft²
$1,995,000 Jul 12, 2023
-
-
Multifamily
4 Beds
-
-
$1,999,000 Oct 16, 2023
-
-
Multifamily
6 Beds
-
-
$2,500,000 Oct 4, 2023
-
-
House
3 Beds
2 Baths
1,134 ft²
$2,337/ft²
$2,650,000 Oct 5, 2023
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230628
06/28/2023
Studio
-
-
$2,388,000
bedrooms
Studio
bathrooms
-
-
-
-
Tamra (Tami) Pardee
Pardee Properties
20201118
11/18/2020
Studio
-
-
$2,250,000
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

515 Santa Clara Avenue 515 Santa Clara Avenue, Venice, CA 90291
  • 1 Unit for Sale
More about this Building
515 Santa Clara Avenue
Want to find out who owns 515 Santa Clara Avenue, Venice, CA 90291? Get detailed property transactions here .

About West Los Angeles


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