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Map
$3,316,481*
●
Multifamily -
Off Market
716 MACHADO Drive
Venice, CA 90291
7 Beds
5 Baths
4734 Sqft
$2,025,000 - $2,475,000
Reference Base Price*
47.40%
Since Aug 1, 2019
CA-Los Angeles
Primary Model
About This Property
Available by itself or as an assemblage. The property stands
on its own as a good purchase. FIVE ADJACENT PROPERTIES FOR SALE.
708, 712, 716, 724 AND 728 MACHADO DR. BUY ONE, BUY
SOME, OR BUY THEM ALL. Amazingly cool 4734 sq ft, 4 unit
building. Public records says 3 units, LAHD says 4.
Nice large units with nice room sizes, balconies, patios, and
an 8000 sq ft RD 1.5 lot. Public records say 4000 sq ft lot,
but this property is also being sold with APN 4240-019-044 for
total lot size 8000 sq ft. Walk to Whole Foods, CVS, rose
ave, Abbot Kinney, the beach, Gold's Gym, and all the amenities
Venice has to offer. Shown with accepted offer. Buyers to
provide pre approval and proof of funds with offer. Do not
disturb tenants. Call listing agent to show. Possible
assumable financing with Union Bank 3.5% fixed with approximately
30 years remaining. P&I $2773, loan balance approximately
$648,000. Expenses only include taxes based on $2,250,000
purchase price at 1.25% tax rate.
The manager has listed the unit size as 4734 square feet.
The manager has listed the unit size as 4734 square feet.
Unit Size
4,734Ft²
Days on Market
-
Land Size
8,000.00 acres
Price per sqft
$475
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1949
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jul 21, 2019 | No longer available | - | |
No longer available | |||
Apr 14, 2019 | Price Decreased |
$2,250,000
↓ $245K
(9.8%)
|
|
Price Decreased | |||
Apr 7, 2019 | Relisted | $2,495,000 | |
Relisted | |||
Apr 4, 2019 | No longer available | - | |
No longer available | |||
Jan 17, 2019 | Listed | $2,495,000 | |
Listed |
Property Highlights
Garage
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
Active
Condo
3
Beds
2
Baths
2,228 ft²
$851/ft²
$1,895,000
Jan 19, 2024
-
$884/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
01/17/2019
|
|
7 Bed
|
5 Bath
|
4734 ft²
|
$2,495,000
7 Bed
5 Bath
4734 ft²
|
-
-
|
-
|
-
|