3000 Grand Canal Venice Ca

Venice, CA 90291

$6,695,000
Price
12
Beds
15
Baths
7,068 Sq. Ft.
$947 / Sq. Ft.
7,068
Sq. Ft.
$947
per Sq. Ft.

Description

Trophy Canal front 5 unit Building on the famed Venice Canals. Newer construction just 2 blocks from the Ocean and minutes from famous Abbott Kinney, Marina Del Rey, Venice boardwalk and all the best Restaurants/hotspots Venice has to offer. Front 3 Story Home boasts sweeping Views of the Venice Canals and Santa Monica mountains from every level. 4BR l 4.5BA Owners unit has private elevator, front lush private garden with decks on every level, perfect for entertaining. Beautiful open chefs kitchen...Trophy Canal front 5 unit Building on the famed Venice Canals. Newer construction just 2 blocks from the Ocean and minutes from famous Abbott Kinney, Marina Del Rey, Venice boardwalk and all the best Restaurants/hotspots Venice has to offer. Front 3 Story Home boasts sweeping Views of the Venice Canals and Santa Monica mountains from every level. 4BR l 4.5BA Owners unit has private elevator, front lush private garden with decks on every level, perfect for entertaining. Beautiful open chefs kitchen with Island, custom cabinets, Travertine counters, large pantry and Stainless-steel appliances throughout opening up to the Canal front garden through French doors perfect for a large Family and entertaining. Large open Living room and dining area with fireplace. Second and third levels have 2 Master suites with spacious walk-in closets, Luxurious Master bathrooms, Seating area and fireplace lead to private decks through sliding doors each with Fantastic Views down the Venice canals. Other 4 Units all comparably appointed consisting of 2x 3BR l 3BA units, and 2x 1BR l 1.5BA units. All with central A/C, heat and fireplaces. Current Gross Income of $422,400/year and Cap Rate of 4.55. Professionally managed currently, perfect owner/user.

Listing Agent

  1. James Allan

    James Allan

    Listing Agent

    Compass

    DRE #01180635

    james.allan@compass.com

    P: (310)-704-0007

Property Details for 3000 Grand Canal Venice Ca

Water Front
Canal
Zoning
LARW1
Parcel Number
4227018033
Total Units
5.0
Living Area
7068
Source Living Area
Vendor Enhanced
Area
Venice (C11)
Vacancy Rate
0
LISTING UPDATED: 11/15/2024 08:43 AM

Property Details for 3000 Grand Canal Venice Ca

StatusActive
MLS #24-415065
Days on Market159
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2010
Lot Size0.14 AC / 5,988 SF
CountyLos Angeles County

Building Information for 3000 Grand Canal Venice Ca

Stories3Residences-Year Built2010Building Size-Lot Size0.14 AC / 5,988 SF

Property Information for 3000 Grand Canal Venice Ca

Community / Development
Community / Development
  • Number Of Units: 5
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Builder
  • Number Of Stories: 3
  • Number Of Buildings: 1
  • Type Of Units: 5
  • View: Yes
  • View Description: Canal, City Lights, Canyon, Coastline
  • View: Canal, City Lights, Canyon, Coastline
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $422,400
  • Net Operating Income: $303,396.00
  • Gross Income: $422,400
  • Cap Rate: 4.55%
  • Gross Rent Multiplier: $15.84
  • Actual Annual Gross Rent: $422,400.00
  • Total Annual Expense: 119003
  • Other Expense: $35,316.00
  • Tax Expense: $83,687
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1375
  • Lot Size Square Feet: 5988
Parking Details
Parking Details
  • Parking Garage: Garage - 3 Car, Garage Is Attached
  • Total Parking: 10
  • Covered Parking: 3
  • Open Other Spaces Total: 7
  • Parking Features: Garage - Three Door
  • Attached Garage: Yes
Interior Features
Interior Features
  • Levels: Multi/Split
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Equipment: Built-Ins, Dryer, Dishwasher, Elevator, Garbage Disposal, Microwave
  • Laundry: Dryer Included
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 07-15-2024
Unit Details
Unit 1 Information
  • Unit Beds: 4
  • Unit Baths: 5
  • Unit Furnished: No
  • Unit Rent: $14,000.00
  • Unit Actual Rent: $14,000.00
  • Unit Projected Rent: $14,000.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $4,900.00
  • Unit Actual Rent: $4,900.00
  • Unit Projected Rent: $4,900.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $4,900.00
  • Unit Actual Rent: $4,900.00
  • Unit Projected Rent: $4,900.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 3
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $4,500.00
  • Unit Actual Rent: $4,500.00
  • Unit Projected Rent: $4,500.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 3
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $6,900.00
  • Unit Actual Rent: $6,900.00
  • Unit Projected Rent: $6,900.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $1,153,325.00
  • Assessed Improvement Percent: 74.61
  • Assessed Land Value: $392,382.00
  • Assessed Land Percent: 25.39
  • Assessed Total Value: $1,545,707.00

Property History for 3000 Grand Canal Venice Ca

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3000 Grand Canal Venice Ca

Taxable ValueLand$420,711Additions$1,238,095Total$1,658,806
Tax Record2024$20,970 ($1,748 / month)
Home Facts
Total Finished SqFt7,068 SqFtAbove Grade Finished SqFt7,068 SqFtLot Size5,988 SqFtStyleMulti-Family Res (5+ Units)Year Built1927ZoningLARW1CountyLOS ANGELESAPN4227-018-033

Schools near 3000 Grand Canal Venice Ca

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Coeur D'Alene Avenue Elementary School
PublicK to 5

Venice Senior High School
Public9 to 12

Westside Global Awareness Magnet
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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3000 Grand Canal Venice Ca is a multi-family home for sale in Venice, CA 90291. This property was listed for sale on July 15, 2024 by Compass, it's currently listed at $6,695,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Coeur D'Alene Avenue Elementary School, Mark Twain Middle School and World Languages Magnet and Venice Senior High School. 3000 Grand Canal Venice Ca is a 12-bed, 15-bath, 7,068 sqft multi-family home built in 2010.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Compass, James Allan, DRE #01180635

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.