See Home Value
Los Angeles 90291 Venice
565 WESTMINSTER Avenue #1
$4,880,570*
Multifamily - Off Market

565 WESTMINSTER Avenue #1

Venice, CA 90291
bedrooms
9 Beds
bathrooms
5 Baths
square feet
4014 Sqft
$3,015,000 - $3,683,000
Reference Base Price*
45.73%
Since Nov 1, 2019
CA-Los Angeles
Primary Model

About This Property

This beach neighborhood 4-plex offers great rental income, upside -- and value. Generating $198,000 income annually, this  garden style contemporary  features  numerous tenant  "extras"  including generous front deck/patio  (see photos)  extended upper back patio,gated four car parking, storage , and garden style landscaping.  All units offer hardwood floors, contemporary  fixtures and light bright ambiance  All rents are based on month to month  agreements. Building has been well managed with almost no  deferred maintenance ,and with co-operative tenants.  This a perfect property for family owner-occupants or boutique investors.  Location is just a short distance to beach, Google  and globally famous  Abbot Kinney shopping and dining.

The manager has listed the unit size as 4014 square feet.
Unit Size
4,014Ft²
Days on Market
-
Land Size
5,205.00 acres
Price per sqft
$834
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
-

Price History

Date / Event Date Event Price
Oct 4, 2019 No longer available -
No longer available
Aug 25, 2019 Price Decreased $3,349,000
↓ $49K (1.4%)
Price Decreased
Jul 13, 2019 Price Decreased $3,398,000
↓ $600K (15%)
Price Decreased
Jul 4, 2019 Listed $3,998,000
Listed

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
4.5 Baths
3,100 ft²
$1,065/ft²
$3,299,999 Oct 21, 2022
-
-
House
5 Beds
4.5 Baths
3,000 ft²
$1,183/ft²
$3,549,000 Dec 2, 2022
-
-
House
6 Beds
4 Baths
2,160 ft²
$1,479/ft²
$3,195,000 Apr 4, 2022
-
-
Multifamily
Stu
-
-
$3,595,000 Nov 2, 2022
-
-
Multifamily
14 Beds
-
-
$3,295,000 Oct 27, 2022
-
-
Multifamily
Stu
-
-
$3,250,000 Jan 13, 2023
-
-
Multifamily
4 Beds
-
-
$2,950,000 Jan 25, 2023
-
-
Multifamily
3 Beds
-
-
$2,950,000 Jan 23, 2023
-
-
Multifamily
4 Beds
-
-
$3,950,000 Jan 24, 2023
-
-
In Contract
House
3 Beds
2.5 Baths
1,803 ft²
$1,772/ft²
$3,195,000 Sep 7, 2022
-
-
Multifamily
3 Beds
-
-
$3,990,000 Feb 3, 2023
-
-
House
4 Beds
2 Baths
1,710 ft²
$2,325/ft²
$3,975,000 Sep 23, 2022
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190704
07/04/2019
9 Bed
5 Bath
4014 ft²
$3,249,000
bedrooms
9 Bed
bathrooms
5 Bath
square feet
4014 ft²
-
-
-
-
20190704 Unit 1
07/04/2019
1
9 Bed
5 Bath
4014 ft²
$3,998,000
bedrooms
9 Bed
bathrooms
5 Bath
square feet
4014 ft²
-
-
-
-

Building Info

565 Westminster Avenue 565 Westminster Avenue, Venice, CA 90291
More about this Building
565 Westminster Avenue
Want to find out who owns 565 Westminster Avenue, Venice, CA 90291? Get detailed property transactions here .

About West Los Angeles


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