712 6th Avenue

Venice, CA 90291

$1,990,000
Price
8
Beds
4
Baths
3,192 Sq. Ft.
$623 / Sq. Ft.
3,192
Sq. Ft.
$623
per Sq. Ft.

Description

Location, Location, Location! This is the ultimate investment opportunity just 3 minutes from the iconic Venice Beach Boardwalk! Whether you’re an investor or developer with a vision, this rare triplex is a dream come true. Live in one unit and rent out the others, or reimagine the property entirely—two of the three units can potentially be delivered vacant, and with the right offer, the third could be as well! The property sits on a generous 5,658 sqft lot zoned R1.5, offering ample room for additional...Location, Location, Location! This is the ultimate investment opportunity just 3 minutes from the iconic Venice Beach Boardwalk! Whether you’re an investor or developer with a vision, this rare triplex is a dream come true. Live in one unit and rent out the others, or reimagine the property entirely—two of the three units can potentially be delivered vacant, and with the right offer, the third could be as well! The property sits on a generous 5,658 sqft lot zoned R1.5, offering ample room for additional units or redevelopment. The expansive backyard doubles as parking space, fitting 6-8 cars—perfect for tenants or guests in this high-demand area. Recent upgrades include copper plumbing, updated electrical panels, recessed lighting, and a 10 year roof, giving you peace of mind and saving on renovation costs. The first unit boasts 3 spacious bedrooms and 2 bathrooms, offering a comfortable layout for families or roommates. The second unit features 2 bedrooms and 1 bathroom, ideal for smaller households or individuals. The third unit includes 3 bedrooms and 1 bathroom, providing versatility and rental income potential. Don’t miss out on this opportunity to own a property in one of LA's hottest locations, just steps from the beach, restaurants, and vibrant local culture. Whether you’re looking to add value with new units or enjoy the income from an existing rental, this Venice Beach triplex has limitless potential!
  1. Listed by Esteban Federovsky • DRE #01962657 • Brokerage DRE #01893839 • Keller Williams North Valley • 818-917-2414

Property Details for 712 6th Avenue

View
None
Parking Spaces Total
0
Private Pool
No
Cooling Type
N/K
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3192
LISTING UPDATED: 10/21/2024 06:16 AM

Property Details for 712 6th Avenue

StatusActive
MLS #SR24203367
Days on Market33
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1953
Lot Size0.13 AC / 5,660 SF
CountyLos Angeles County

Building Information for 712 6th Avenue

Stories2Residences-Year Built1953Building Size-Lot Size0.13 AC / 5,660 SF

Property Information for 712 6th Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $156,000
  • Gross Scheduled Income: $156,000
  • Net Operating Income: $147,900
Expense Details
  • Operating Expense: $6,300
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $150
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Block: E
  • Tax Tract Number: 1
  • Tax Census Tract: 2732.00
  • CFD/Mello-Roos Fee: $477
  • Tax Lot: 3
Community / Development
Community / Development
  • Community Features: Biking, Watersports, Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Appliances: Gas Oven, Tankless Water Heater
  • Equipment: Room
  • Interior Features: Balcony
  • Room Type: Family Room, Kitchen
  • Water Heater Features: Tankless
  • Water Heater Type: Tankless
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Central
  • Heating: Central
  • Flooring: Laminate, Tile
Exterior Features
  • Roof: Shingle
  • Entry Location: /
  • Fence: Yes
  • Fence: Wood
  • Fencing: Block, Wood
  • Property Condition: Repairs Cosmetic
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Available
  • Electric: 220V Other - See Remarks
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage: Carport, Driveway, On street, Private, Public
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Carport, Driveway, Private, Public, Street
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 3
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $5,200
  • Unit Type Pro Forma: 5200
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,000
  • Unit Type Total Rent: $3,750
  • Unit Type Pro Forma: 3750
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,100
  • Unit Type Total Rent: $4,100
  • Unit Type Pro Forma: 4100
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 3
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number With Patio: 2

Property History for 712 6th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 712 6th Avenue

Taxable ValueLand$825,052Additions$357,107Total$1,182,159
Tax Record2024$14,656 ($1,221 / month)
Home Facts
Total Finished SqFt3,192 SqFtAbove Grade Finished SqFt3,192 SqFtLot Size5,658 SqFtStyleTriplexYear Built1953ZoningLARD1.5CountyLOS ANGELESAPN4239-003-003

Schools near 712 6th Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 5
Public - K to 5
Public - 6 to 8
Rating
School
Distance
Broadway Elementary School
PublicK to 5

Walgrove Avenue Elementary School
PublicK to 5

Westminster Avenue Elementary School
PublicK to 5

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.

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712 6th Avenue is a multi-family home for sale in Venice, CA 90291. This property was listed for sale on October 1, 2024 by Keller Williams North Valley, it's currently listed at $1,990,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Broadway Elementary School, Walgrove Avenue Elementary School and Westminster Avenue Elementary School. 712 6th Avenue is a 8-bed, 4-bath, 3,192 sqft multi-family home built in 1953.

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.

Listing Courtesy of Keller Williams North Valley, Esteban Federovsky, DRE #01962657

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.