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Off market
  • $2,589,900

    538 Brooks Ave, Venice, CA 90291

    9beds
    8baths
    3,824sqft
    MultiFamily
    Built in 1961
    -- sqft lot
    $2,589,900 Zestimate®
    $677/sqft
    $6,097 Estimated rent

    Home value

    $2,589,900

    $2.28M - $2.95M

    $6,097/mo

    Zestimate® history
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    Owner options

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    $6,097/mo

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    $6,097/mo

    Rent Zestimate®

    Refinance and save

    $16,613/mo

    Est. payment

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    $16,613/mo

    Est. payment

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    What's special

    Silicon Beach investors rejoice. This privately gated and updated 4-Plex will not disappoint. This is a special owner/user property with current rents below market, allowing for great upside in rental income potential. All units have been updated with granite counter-tops, gas stoves, updated bathrooms, hardwood floors, and a washer and dryer (in each unit). Park your car in the secure gated garage and get your beach cruiser out or just walk a few blocks to mingle with locals and hipsters on Abbot Kinney Blvd, known for some of the hottest restaurants, bars and boutiques in LA. Take advantage of this unique investment opportunity to own an updated stylish 4-Plex in this highly desirable Venice Beach, Abbott Kinney neighborhood. It's only a 10 minute walk to the beach! Seller welcomes 1031 exchange buyers as well.

    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: 9
    • Bathrooms: 8
    Heating
    • None, Forced air
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Refrigerator, Washer
    Features
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 3,824 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Carport, Garage - Detached, Off-street, On-street
    Features
    • Exterior features: Other
    Lot
    • Size: 5,201 Square Feet
    Details
    • Parcel number: 4239011008

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Other
    Condition
    • Year built: 1961

    Community & HOA

    Location
    • Region: Venice

    Financial & listing details

    • Price per square foot: $677/sqft
    • Tax assessed value: $2,123,553
    • Annual tax amount: $25,801

    Price history

    DateEventPrice
    1/9/2020Listing removed$4,925,000$1,288/sqft
    Source: Sotheby's International Realty #19486230 Report a problem
    7/9/2019Listed for sale$4,925,000+24.7%$1,288/sqft
    Source: Sotheby's International Realty #19-486230 Report a problem
    1/20/2016Listing removed$4,000$1/sqft
    Source: RealtyZoom.com #SW15194249 Report a problem
    12/11/2015Price change$4,000-3.6%$1/sqft
    Source: RYAN L. CALL #SW15194249 Report a problem
    9/2/2015Listed for rent$4,150+18.3%$1/sqft
    Source: RYAN L. CALL #SW15194249 Report a problem
    6/9/2015Listing removed$3,509$1/sqft
    Source: Postlets Report a problem
    6/7/2015Price change$3,509-6.4%$1/sqft
    Source: Postlets Report a problem
    6/6/2015Listed for rent$3,750+4.2%$1/sqft
    Source: Postlets Report a problem
    4/8/2014Listing removed$3,600$1/sqft
    Source: RYAN L. CALL #SW13213803 Report a problem
    12/18/2013Listed for rent$3,600+20%$1/sqft
    Source: RYAN L. CALL #SW13213803 Report a problem
    10/24/2013Listing removed$3,950,000$1,033/sqft
    Source: Sotheby's International Realty - #13-667657 Report a problem
    10/1/2013Listed for sale$3,950,000+207.4%$1,033/sqft
    Source: Sotheby's International Realty - #13-667657 Report a problem
    6/1/2012Listing removed$2,999$1/sqft
    Source: LA UR Home Report a problem
    5/25/2012Listed for rent$2,999-1.7%$1/sqft
    Source: LA UR Home Report a problem
    7/24/2011Listing removed$3,050$1/sqft
    Source: LA UR Home Report a problem
    6/24/2011Price change$3,050-4.7%$1/sqft
    Source: LA UR Home Report a problem
    6/23/2011Listed for rent$3,200$1/sqft
    Source: LA UR Home Report a problem
    5/18/2005Sold$1,285,000$336/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$25,801 +1.2%$2,123,553 +2%
    2024$25,502 +2%$2,081,916 +2%
    2023$25,010 +4.9%$2,041,095 +2%
    2022$23,849 +1.3%$2,001,074 +2%
    2021$23,549 -1%$1,961,838 +1%
    2020$23,793 $1,941,723 +2%
    2019$23,793 +4.7%$1,903,651 +2%
    2018$22,734 $1,866,326 +2%
    2017$22,734 +2.2%$1,829,733 +22%
    2016$22,242 +22%$1,500,000
    2015$18,233 -2.3%$1,500,000
    2014$18,667 $1,500,000 +30.4%
    2012-- $1,150,000
    2011-- $1,150,000
    2010-- $1,150,000 -30.3%
    2009-- $1,649,034 +2%
    2008-- $1,616,700 +20.9%
    2007-- $1,336,914 +2%
    2006-- $1,310,700 +195.9%
    2005-- $442,918 +4%
    2004-- $425,720 +1.9%
    2003-- $417,918 +2%
    2002-- $409,725 +19.1%
    2000-- $344,000
    Find assessor info on the county website

    Neighborhood: Venice

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,589,900
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,589,900