923-933 Venice Blvd.
Description
- Listed by Stephen Lampe • DRE #01164364 • Brokerage DRE #01508014 • Re/Max Commercial & Investment • slampe@remaxcir.com
Property Details for 923-933 Venice Blvd.
Property Details for 923-933 Venice Blvd.
| Status | Active |
|---|---|
| MLS # | SB24135652 |
| Days on Market | 142 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income / Apartment |
| Year Built | 1925 |
| County | Los Angeles County |
Building Information for 923-933 Venice Blvd.
Property Information for 923-933 Venice Blvd.
- Gross Income: $362,527
- Gross Scheduled Income: $315,928
- Vacancy Allowance: 6319
- Gross Operating Income: $362,527
- Net Operating Income: $213,173
- Other Income Description: Billboard
- Other Income 1: $4,400
- Gross Multiplier: 15.18
- Cap Rate: 3.81
- Operating Expense: $149,354
- New Taxes Expense: $67,144
- Gardener Expense: $3,460
- Fuel Expense: $5,540
- Electric Expense: $2,770
- Insurance Expense: $7,737
- Maintenance Expense: $13,500
- Professional Management Expense: $12,500
- Other Expense: $1,600
- Other Expense Description: RSO
- Trash Expense: $1,600
- Water Sewer Expense: $2,770
- Supplies Expense: $8,110
- Total Expenses: $149,354
- Tax Block: D
- Tax Tract Number: 0
- Tax Census Tract: 2736.00
- Tax Lot: 11
- Community Features: Biking, Curbs, Sidewalks
- Laundry: Yes
- Laundry Features: Common Area
- Fireplace Features: None
- Fireplace Rooms: None
- Security Features: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Smoke Detector(s)
- Entry Location: ground
- Fence: No
- Fence: None
- Fencing: None
- Pool Features: None
- Pool Description: None
- Spa Features: None
- Lot Features: Corner Lot, Lot 6500-9999
- Number Of Units: 15
- Land Lease: No
- Land Lease Type: Fee
- Road Surface Type: Paved
- Road Frontage Type: City Street
- Levels: Two
- Water: Public
- Sewer: Public Sewer
- Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
- Electric: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
- Water Source: Public
- Garage Spaces: 0
- Parking: No
- Parking Garage: None
- Uncovered Spaces: 0
- Open Other Spaces Total: 0
- Parking Garage Spaces: 0
- Carport Spaces: 0
- Parking Features: None
- Unit Type Units Total: 3
- Unit Type Beds Total: 0
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,686
- Unit Type Total Rent: $5,057
- Unit Type Pro Forma: 1770
- Unit Type Type: 1
- Unit Type Units Total: 10
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,717
- Unit Type Total Rent: $17,171
- Unit Type Pro Forma: 1802
- Unit Type Type: 2
- Unit Type Units Total: 2
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,905
- Unit Type Total Rent: $3,810
- Unit Type Pro Forma: 2057
- Unit Type Type: 3
- Rent Controlled: Yes
- Number Of Buildings: 1
- Number Of Separate Electric Meters: 15
- Number Of Separate Gas Meters: 15
- Number Of Separate Water Meters: 1
Property History for 923-933 Venice Blvd.
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 923-933 Venice Blvd.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | K to 5 | |||
| Public - | K to 5 | |||
| Public - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
Walgrove Avenue Elementary School PublicK to 5 | ||
Westminster 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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Listing Courtesy of Re/Max Commercial & Investment, Stephen Lampe, DRE #01164364
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.