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547 Venice Way, Venice, CA 90291$3,195,000

8
beds
4
baths
3362
ft2
· 7398
ft2 lot
$950 / ft2

Listing provided courtesy of Alan M. Quon, PILLARS REAL ESTATE GROUP
Source CRMLS;
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HOA

No HOA

On market

2 months

Year built

1947

Property type

Multi-Family

Parking

7

MLS

22155463

Price / Sq.Ft.

$950 / ft2

Status

Active

Buyer’s Brokerage Commission

2%

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Home details for 547 Venice Way

Interior Features & Layout
Heating & Cooling
•   
Has Heating
•   
Heating Details: Natural Gas
Flooring
•   
Flooring: Wood, Laminate, Carpet
Interior Size
•   
Building Area Total: 3362.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Parking Available: 1
•   
Parking Features: Detached Carport, Driveway
•   
Garage Spaces: 4.00
Building Info
•   
Zoning: LAR3
•   
Stories Total: 2
Community Info
•   
Number Of Buildings: 2
•   
Total Units: 4
Lot Info
•   
Lot Size Acres: 0.1698
•   
Lot Size Area: 7398.0000
•   
Lot Size Units: Square Feet
Listing Details, Costs & Financing Information
Financial Info
•   
Gross Operating Income: 81896.00
•   
Vacancy Allowance Rate: 0.00
•   
Total Expenses: 32476.00
•   
Gross Multiplier: 25.00
Tax/Assessment Info
•   
Gross Income: 81896.00
•   
Tax Year: 2021
•   
Taxes: 26370.33
Lease Info
•   
Net Operating Income: 44534.88
Listing Info
•   
Status: Active
Multi Unit Information
Unit 3 Information
•   
Unit 3 Bedrooms: 2
•   
Unit 3 Actual Rent: 1352.00
•   
Unit 3 Total Units: 3
•   
Unit 3 Furnished Units: Unfurnished
•   
Unit 3 Bathrooms: 1
•   
Unit 3 Total Rent: 1352.00
Unit 2 Information
•   
Unit 2 Actual Rent: 1920.00
•   
Unit 2 Bedrooms: 2
•   
Unit 2 Total Units: 2
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Total Rent: 1920.00
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: 2200.00
•   
Unit 1 Total Rent: 2200.00
Unit 4 Information
•   
Unit 4 Actual Rent: 1352.00
•   
Unit 4 Total Units: 4
•   
Unit 4 Furnished Units: Unfurnished
•   
Unit 4 Total Rent: 1352.00
•   
Unit 4 Bathrooms: 1
•   
Unit 4 Bedrooms: 2
Multi Unit Information
•   
# Of Units: 13
School Neighborhood & Directions
School Info
•   
Directions: Off of Venice Blvd and Venice Way
Other
Calculation
•   
Dom: 92

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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Property History for 547 Venice Way

05/16/2022
05/16/2022
CRMLS #22155463
active
CRMLS #22155463
$3,195,000

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