See Home Value
$1,907,154*
Multifamily - Off Market

740 Flower Avenue

Venice, CA 90291
bedrooms
Studio
bathrooms
0 Bath
$1,530,000 - $1,868,000
Reference Base Price*
12.25%
Since Nov 1, 2021
CA-Los Angeles
Primary Model

About This Property

This sweet ONE STORY owner/user TriPlex exhibits pride of ownership for over 30 years.  The 2367 sq. ft of living space on a 6,000 sq. ft. lot, features (2) two-bedroom, one-bathroom, and (1)  one-bedroom, one-bathroom units - all units include a washer & dryer.  Upgrades over the years are overshadowed only by the meticulous care for the "unseen" items that make this a great investment opportunity. Upgraded copper plumbing, tankless water heater(s), upgraded electrical wiring throughout, as well as upgraded sewer line to the street. Roof was completely stripped and redone in 2000 and exhibits many additional years of maintenance free life. Imagine a ProForma of over $10,000 PLUS a 3 car garage with private access via the alley that can garner additional rent of approximately $300-$500 per garage. Opportunity knocks hard here, as two of the three units will be delivered VACANT at the close of escrow.
Unit Size
-
Days on Market
-
Land Size
0.13 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1951

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Oct 30, 2020 Sold to Lauren Ilona Klein, Peter I... $1,525,000
Sold to Lauren Ilona Klein, Peter I...
Sep 4, 2020 In contract -
In contract
Aug 26, 2020 Price Increased $1,699,000
↑ $9K (0.5%)
Price Increased
Aug 25, 2020 Price Decreased $1,690,000
↓ $35K (2%)
Price Decreased
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Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200605
06/05/2020
Studio
-
-
$1,890,000
bedrooms
Studio
bathrooms
-
-
-
-
-
20190422
04/22/2019
Studio
-
-
$2,277,000
bedrooms
Studio
bathrooms
-
-
-
-
-
20181024
10/24/2018
5 Bed
3 Bath
2367 ft²
$2,300,000
bedrooms
5 Bed
bathrooms
3 Bath
square feet
2367 ft²
-
-
-
-

Building Info

740 Flower Avenue 740 Flower Avenue, Venice, CA 90291
More about this Building
740 Flower Avenue
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