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$3,095,000

Beds
Unknown
sq ft
Unknown

414 Grand Blvd, Venice, CA 90291

414 Grand Blvd

Venice, CA 90291

  • 5 days on market
Perfect opportunity to purchase an income generating property! This beautiful quadruplex is situated on a triple lot in a prime location in the heart of Venice! The property is located off of the well known Windward Circle on Grand Boulevard. It is nestled between Venice Beach and Abbot Kinney Boulevard with easy access to all amenities, including restaurants, shopping, biking, hiking and beaches! All units consist of 2bed/1 bath with a living room, dining nook and full kitchen. Three of the units are tenant occupied with long-term tenants. The 4th unit is vacant. Please do not disturb tenants!

Details

Property type

Est. home value

$2,904,206

Lot size

6,755 sq ft

Price per sq ft

Unknown

Year built

1947

Price History

01/17/2025
CRMLS

CRMLS #P1-20506

Listed
$3,095,000
-3.13%
11/06/2024
CRMLS

CRMLS #P1-18320

Removed
$3,195,000
09/09/2024
CRMLS

CRMLS #P1-18320

Listed
$3,195,000

Schools & Community

Neighborhood: 

Venice

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Park

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,874,853
Asking price
$3,095,000
Closing costs (~8% of asking)
-$247,600
Est. remaining loan balance
-$972,547
Cash to seller
$1,874,853

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Pacific Horizon Bancorp

Loan start date

August 2021

Original loan amount

$1,050,000

Est. remaining balance

$972,547

Interest rate

3.02%

Loan type

New Conventional, 30 year

Seller

William Elias Freije and David Gomez

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/22/2025 at 2:20 PM

Listing updated: 01/17/2025 at 5:57 PM

Listed by: Pattyl Kasparian, Paramount Financial Group Phone #: (818) 957-2025

MLS: CRMLS #P1-20506

CRMLS logo

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