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Map
$1,907,154*
●
Multifamily -
Off Market
740 Flower Avenue
Venice, CA 90291
Studio
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 | |||
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 | |||
Aug 8, 2020 | Price Decreased |
$1,725,000
↓ $24K
(1.4%)
|
|
Price Decreased |
Show More
Property Highlights
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
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
06/05/2020
|
|
Studio
|
-
|
-
|
$1,890,000
Studio
-
|
-
-
|
-
|
-
|
04/22/2019
|
|
Studio
|
-
|
-
|
$2,277,000
Studio
-
|
-
-
|
-
|
-
|
10/24/2018
|
|
5 Bed
|
3 Bath
|
2367 ft²
|
$2,300,000
5 Bed
3 Bath
2367 ft²
|
-
-
|
-
|
-
|