$1,930,000
●
House -
Off Market
718 BOCCACCIO Avenue
Venice, CA 90291
2 Beds
1 Bath
1,781 Ft²
$2,838,694
RealtyHop Estimate
49.80%
Since May 1, 2018
CA-Los Angeles
Primary Model
About This Property
This is your chance to snag a beautiful Craftsman in Venice's
coveted President's Row neighborhood, moments to the best of the
shops and restaurants on Abbot Kinney Blvd. From the moment you
walk in, feel the character and charm with coiffured ceilings,
hardwood floors, and a decorative brick fireplace. The large living
room and dining room are filled with natural light streaming in
through the plethora of windows while the adjacent sun room
provides an additional space perfect for a study or playroom. Each
bedroom is generously sized and includes a cozy sitting area
underneath each window that is great for afternoon reading. The
permitted rec room above the 2 car garage is a welcoming bonus
space and with the tall ceilings and treetop views, you'll be
delighted to spend time relaxing or working. Central to all of
Venice, Marina del Rey, Santa Monica, and Playa Vista, this Venice
Craftsman is a dream to come home to!
Unit Size
1,781 Ft²
Days on Market
49 days
Land Size
0.11 acres
Price per sqft
$1,064
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1914
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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 #18318878)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 25, 2018 | Sold | ||
| Sold | |||
| Mar 7, 2018 | Listed by Halton Pardee and Partners, In | $1,895,000 | |
| Listed by Halton Pardee and Partners, In | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About West Los Angeles
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Listed by: Kerry Ann Sullivan, Halton Pardee and Partners, In
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 18318878
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 18318878
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