$4,625,000
●
House -
Off Market
53 27TH Avenue
Venice, CA 90291
4 Beds
2 Baths,
2
Half Baths
3,522 Ft²
$7,303,115
RealtyHop Estimate
57.91%
Since Aug 1, 2017
CA-Los Angeles
Primary Model
About This Property
THIS CAPTIVATING HOME IS LOCATED ONE ON THE MOST DESIRABLE WALK
STREETS IN VENICE. PERFECTLY SITUATED BETWEEN PACIFIC AND THE
BEACH- THIS HOME LENDS ITSELF PERFECTLY TO THE VENICE BEACH
LIFESTYLE. UPON ENTERING THE HOME YOU ARE INSPIRED BY THE OPEN AND
AIRY KITCHEN AND MAIN LIVING AREA RIGHT OFF THE FRONT COURTYARD
ALLOWING FOR INDOOR/OUTDOOR ENTERTAINING. THIS HOME WAS DESIGNED
WITH FORM AND FUNCTION IN MIND AS WELL AS THE UP-MOST ATTENTION TO
DETAIL. THE BEAUTIFULLY CRAFTED, MODERN KITCHEN SHOWS OFF THE
ROSE GOLD, DORNBRACHT FIXTURES, THE BEACH INSPIRED BACK
SPLASH AND THE ELEGANT HRD WD FLOORING. THE FLOOR PLAN WAS WELL
DESIGNED TO ACCOMMODATE A MODERN FAMILY W/ EACH BDRM HAVING IT'S
OWN BATH. THE STAIRCASES WERE CRAFTED USING SAPPHIRE GLASS AND S
STEEL. THE 2 STORY MASTER STE IS SET W/ A LUXURIOUS BATH
UTILIZING THE HIGHEST QUALITY FINISHES AND FIXTURES THE HOME IS
COMPLETE WITH A 3RD STORY ROOFDECK WITH OCEAN VIEWS AND A FULL
BATH. *MLS ENTRY FOR COMPS PURPOSES ONLY
Unit Size
3,522 Ft²
Days on Market
26 days
Land Size
0.06 acres
Price per sqft
$1,313
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1977
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Cap Rate Calculator
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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 #17249264)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 3, 2017 | Sold | ||
| Sold | |||
| Jun 7, 2017 | Listed by RE/MAX ESTATE PROPERTIES | $4,625,000 | |
| Listed by RE/MAX ESTATE PROPERTIES | |||
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
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About West Los Angeles
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Listed by: Erin Kelly, RE/MAX ESTATE PROPERTIES
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 17249264
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 17249264
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