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Off market
  • $2,549,800

    1312 1/2 Riviera Ave, Venice, CA 90291

    8beds
    8baths
    5,268sqft
    MultiFamily
    Built in 1931
    -- sqft lot
    $2,549,800 Zestimate®
    $484/sqft
    $4,619 Estimated rent

    Home value

    $2,549,800

    $2.14M - $3.03M

    $4,619/mo

    Zestimate® history
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    Owner options

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    $4,619/mo

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    Rent Zestimate®

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    $16,159/mo

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    $16,159/mo

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    What's special

    Great opportunity to invest in a classic 1930's Spanish style 8- unit property. This trophy property is situated on 2 lots and is located on the corner of Market & Riviera in Venice. There are 5 garages rented for storage that have a large upside for rental increases. The tenants have street parking. The property is about 1/2 way between Abbott Kinney Blvd and Venice Beach. 1 block to Main Street. Upgrades to the property include electrical, plumbing, sewer line and more. The property will be delivered with 2 units vacant and there is huge potential for increased value in both rental increases as well as the location itself is a huge bonus. The property is located within blocks to some of finest shops and restaurants that Venice has to offer. The beach, the shopping, and the upside potential make this a property that will move fast. Showing with offers only so not to disturb tenants. The interior photos are of the units that will be delivered vacant. Buyer to cooperate with seller

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 8
    Cooling
    • None
    Appliances
    • Laundry: Community
    Interior area
    • Total interior livable area: 5,268 sqft

    Property

    Lot
    • Size: 5,662 sqft

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1931

    Community & neighborhood

    Location
    • Region: Venice

    Other

    Other facts
    • County: Los Angeles
    • Heating: Wall
    • PropertyType: Residential Income
    • SourceLotSizeArea: Assessor
    • UnitTypeType: 1, 2, 3, 4, 5, 6, 7, 8
    • Equipment: Other
    • SourceLivingArea: Assessor
    • Laundry: Community
    • ParkingGarage: On street
    • ListingArea: Venice
    • ListingStatus: Pending

    Price history

    DateEventPrice
    12/8/2017Listing removed$4,188,000$795/sqft
    Source: RE/MAX ESTATE PROPERTIES #17265668 Report a problem
    10/31/2017Pending sale$4,188,000$795/sqft
    Source: RE/MAX ESTATE PROPERTIES #17265668 Report a problem
    9/2/2017Listed for sale$4,188,000$795/sqft
    Source: RE/MAX ESTATE PROPERTIES #17265668 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Venice

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
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    Estimated market value
    $2,549,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,549,800