740-738 Brooks Avenue

Venice, CA 90291

$1,499,000
Price
4
Beds
3
Baths
1,921 Sq. Ft.
$780 / Sq. Ft.
1,921
Sq. Ft.
$780
per Sq. Ft.

Description

Whether you're an investor seeking a profitable venture or a homeowner seeking a retreat to call your own, this property is an opportunity that cannot be overlooked. Situated in the heart of Venice and steps from Abbott Kinney, one of the most vibrant and sought-after neighborhoods in Venice, residents will enjoy the proximity to popular attractions, trendy restaurants, boutique shops, and cultural hotspots, this location attracts a wide range of tenants/ homeowners seeking a vibrant and dynamic...Whether you're an investor seeking a profitable venture or a homeowner seeking a retreat to call your own, this property is an opportunity that cannot be overlooked. Situated in the heart of Venice and steps from Abbott Kinney, one of the most vibrant and sought-after neighborhoods in Venice, residents will enjoy the proximity to popular attractions, trendy restaurants, boutique shops, and cultural hotspots, this location attracts a wide range of tenants/ homeowners seeking a vibrant and dynamic beach lifestyle. The property boasts the perfect Venice climate –never too hot—creating a green oasis with fruit trees in a vibrant neighborhood. This triplex consists of a 2-bedroom 1 bath house and a duplex with two (2) one bedroom/one bath apartments (one of which is vacant) in back. Ideal for owner-occupants, this property is perfect for those seeking to house extended family members together. There is parking available for the new owner in the rear of the property as well a storage unit that was used by the owner as an art studio. This is a probate sale and is being sold as is, the seller will make no repairs. Seller will consider all offers.
  1. Listed by Todd Wohl • DRE #01912556 • Brokerage DRE #01375969 • Premiere Estates International Real Estate • 310-704-3616

Property Details for 740-738 Brooks Avenue

Parking Spaces Total
0
Private Pool
No
Total Units
3.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
1921
Assessor Parcel Number
4239-013-027
Property Attached YN
false
LISTING UPDATED: 11/14/2024 09:06 AM

Property Details for 740-738 Brooks Avenue

StatusActive
MLS #SB24096707
Days on Market193
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1924
Lot Size0.12 AC / 5,205 SF
CountyLos Angeles County

Building Information for 740-738 Brooks Avenue

Stories1Residences-Year Built1924Building Size-Lot Size0.12 AC / 5,205 SF

Property Information for 740-738 Brooks Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $53,784
  • Gross Scheduled Income: $53,784
  • Net Operating Income: $0
Expense Details
  • Operating Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Tract Number: 8415
  • Tax Census Tract: 2732.00
  • Tax Lot: 37
Community / Development
Community / Development
  • Community Features: Biking
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
Exterior Features
  • Entry Location: front
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: On Site
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,657
  • Unit Type Total Rent: $2,657
  • Unit Type Pro Forma: 4000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,825
  • Unit Type Total Rent: $1,825
  • Unit Type Pro Forma: 3200
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 3200
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 2

Property History for 740-738 Brooks Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 740-738 Brooks 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
Westminster Avenue Elementary School
PublicK to 5

Walgrove Avenue Elementary School
PublicK to 5

Broadway 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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740-738 Brooks Avenue is a multi-family home for sale in Venice, CA 90291. This property was listed for sale on May 13, 2024 by Premiere Estates International Real Estate, it's currently listed at $1,499,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Westminster Avenue Elementary School, Walgrove Avenue Elementary School and Broadway Elementary School. 740-738 Brooks Avenue is a 4-bed, 3-bath, 1,921 sqft multi-family home built in 1924.

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 Premiere Estates International Real Estate, Todd Wohl, DRE #01912556

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.