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Off market
  • $5,493,300

    407 Ocean Front Walk, Venice, CA 90291

    12beds
    12baths
    9,300sqft
    MultiFamily
    Built in 1909
    -- sqft lot
    $5,493,300 Zestimate®
    $591/sqft
    $3,586 Estimated rent

    Home value

    $5,493,300

    $4.67M - $6.48M

    $3,586/mo

    Zestimate® history
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    Owner options

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    $3,586/mo

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    $3,586/mo

    Rent Zestimate®

    Refinance and save

    $34,495/mo

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    $34,495/mo

    Est. payment

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    What's special

    THIS IS YOUR CHANCE TO FINALLY OWN PROPERTY DIRECTLY ON THE BOARDWALK OF VENICE BEACH!! Located in one of the most desirable locations in Los Angeles, if not all of California, this ocean front property consists of two structures built in 1905 and 1909 that sit on a 4,719 square-foot lot, zoned LAR3. 407 Ocean Front Walk offers 12 large and well laid out one-bedroom/one-bathroom units, which are in extremely high demand this close to the beach. Over the past several years, Venice has transformed into part of what is known as "Silicon Beach", Los Angeles' newest entertainment, media and technology hub, which covers approximately a four-mile stretch along the Los Angeles coast from Santa Monica down to Playa Vista. This location is at the epicenter of Silicon Beach, which attracts one of the strongest rental demographics available, the Gen Y / Millennials. With over 49% in rental upside, this is a terrific investment opportunity for both new or seasoned apartment investors.

    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: 12
    • Bathrooms: 12
    Appliances
    • Laundry: Community
    Features
    • Common walls with other units/homes: 2+ common walls
    Interior area
    • Total interior livable area: 9,300 sqft

    Property

    Features
    • Levels: Three Or More
    Lot
    • Size: 4,717 sqft
    • Features: Lot Shape-Rectangular, Lot-Level/Flat, Level with Street, Near Public Transit, Value In Land
    Details
    • Parcel number: 4286029002
    • Special conditions: Standard, Probate Listing

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1909

    Utilities & green energy

    • Water: Public

    Community & neighborhood

    Location
    • Region: Venice

    Other

    Other facts
    • CommunityFeatures: Curbs, Sidewalks, Street Lighting, Urban
    • CommunityFeatures: Storm Drains
    • PropertyType: Residential Income
    • SpecialListingConditions: Standard, Probate Listing
    • CommonWalls: 2+ common walls
    • PreviousStandardStatus: Active
    • MLSAreaMajor: 699 - Not Defined
    • LotFeatures: Lot Shape-Rectangular, Lot-Level/Flat, Level with Street, Near Public Transit, Value In Land
    • LaundryFeatures: Community
    • Levels: Three Or More
    • BuildingAreaUnits: Square Feet
    • ElevationUnits: Feet
    • WaterSource: Public
    • ParcelNumber: 4286029002
    • TaxTractNumber: 2734

    Price history

    DateEventPrice
    7/26/2023Listing removed--
    Source: CLAW #22-225585 Report a problem
    6/6/2023Price change$6,200,000-6.8%$667/sqft
    Source: CLAW #22-225585 Report a problem
    12/16/2022Listed for sale$6,650,000+11.8%$715/sqft
    Source: CLAW #22-225585 Report a problem
    10/2/2018Listing removed$5,950,000$640/sqft
    Source: Keller Williams Beach Cities #SB18168168 Report a problem
    8/2/2018Pending sale$5,950,000$640/sqft
    Source: Keller Williams Beach Cities #SB18168168 Report a problem
    7/13/2018Listed for sale$5,950,000$640/sqft
    Source: Keller Williams Beach Cities #SB18168168 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Venice

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $5,493,300
    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
    $5,493,300