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SOLD 7/7/2022

1133 Harrison Avenue, Venice, CA 90291$1,689,000

3
beds
2
baths
1453
ft2
· 4197
ft2 lot
$1,162 / ft2

Listing provided courtesy of Listing Broker: Jordan Peikin, Clement Partners Real Estate
Source CRMLS;
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Priced to sell! One of the cheapest income properties in Venice! 1131-1133 Harrison Avenue is a tastefully renovated duplex located in the heart of world famous Venice, CA. Live in one and rent out the other! The property consists of one vacant 2+1 and one occupied 1+1. Each unit has been recently remodeled to include chef's kitchens and updated bathrooms. Additionally, each unit has its own laundry, garage parking, and private yards. The property is mostly plumbed in copper and has a newer roof. Featuring a stellar 90 walk score, Harrison Avenue is a walker's paradise and provides residents with many of the best things LA has to offer right outside their front door. The property is an 8-minute bike ride to the beach, a few blocks to the trendy Abbott Kinney Blvd shopping area, and is central to daily errands, including Erewhon Market, the weekly Venice Farmers Market, and Costco. Tenants with young children can walk their kids to Coeur d'Alene Avenue Elementary. Harrison Ave is very convenient to Santa Monica, Marina Del Rey, and major transportation corridors such as Lincoln Blvd and the 90 freeway. Major employers like Google, Loyola Marymount University, and LAX airport are also nearby. Harrison Ave is a trophy asset that would make a wonderful home and an excellent portfolio piece for any investor!

HOA

$0/month

On market

4 months

Year built

1950

Property type

Multi-Family

Parking

2

MLS

21101481

Price / Sq.Ft.

$1,162 / ft2

Status

Closed

Buyer’s Brokerage Commission

2%

Home details for 1133 Harrison Avenue

Interior Features & Layout
Appliances
•   
Laundry Details: Washer Included, Dryer Included
•   
Appliances: Barbecue, Dishwasher, Disposal, Refrigerator
•   
Has Appliances
•   
Laundry: 1
Fireplace Info
•   
Has Fireplaces
•   
Fireplace Details: Fire Pit
Flooring
•   
Flooring: Wood, Tile
Interior Size
•   
Building Area Total: 1453.00
Interior Features
•   
Has Spa
Property, Lot, Community & Exterior Features
Parking Info
•   
Parking Available: 1
•   
Parking Features: Garage - Two Door
•   
Garage Spaces: 2.00
Property Features
•   
View: City Lights
•   
Property Condition: Updated/Remodeled, Repairs Major, Repairs Cosmetic
Building Info
•   
Zoning: LAR2
•   
Stories Total: 1
Community Info
•   
Number Of Buildings: 1
•   
Total Units: 2
Lot Info
•   
Lot Size Acres: 0.0963
•   
Lot Size Dimensions: 40x105
•   
Lot Size Area: 4197.0000
•   
Lot Size Units: Square Feet
Exterior Features
•   
Direction Faces: South
Utilities & Other Information
Water & Sewer Info
•   
Sewer: Other
Listing Details, Costs & Financing Information
Financial Info
•   
Gross Operating Income: 81422.00
•   
Total Expenses: 26598.00
•   
Gross Multiplier: 20.12
•   
Rent Control Yn: 1
Tax/Assessment Info
•   
Gross Income: 83940.00
•   
Tax Year: 2021
•   
Taxes: 13288.49
Lease Info
•   
Net Operating Income: 54824.00
Listing Info
•   
Status: Closed
Multi Unit Information
Unit 2 Information
•   
Unit 2 Actual Rent: 2495.00
•   
Unit 2 Bedrooms: 1
•   
Unit 2 Total Units: 1
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Total Rent: 2495.00
Unit 1 Information
•   
Unit 1 Bedrooms: 2
•   
Unit 1 Total Units: 1
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 0.00
•   
Unit 1 Total Rent: 0.00
Multi Unit Information
•   
# Of Units: 13
School Neighborhood & Directions
School Info
•   
Directions: North of Washington Blvd, South of Venice Blvd, East of Abbot Kinney Blvd, West of Lincoln Blvd.
Other
Calculation
•   
Dom: 228

Neighborhood snapshot

89
Properties for sale
32
Median days on market
$1108.71
Median sold price/sqft
98.47%
Sold/List %
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walk score® :

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Property History for 1133 Harrison Avenue

07/07/2022
07/07/2022
CRMLS #21101481
sold
CRMLS #21101481
$1,689,000
06/19/2022
06/19/2022
CRMLS #21101481
pending
CRMLS #21101481
$1,689,000
05/14/2022
05/14/2022
CRMLS #21101481
active
CRMLS #21101481
$1,689,000
--0.59%
04/11/2022
04/11/2022
CRMLS #21101481
active
CRMLS #21101481
$1,699,000
--5.35%
11/02/2021
11/02/2021
CRMLS #21101481
active
CRMLS #21101481
$1,795,000

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