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$1,899,000

Beds
4
sq ft
1,604

486 Carroll Ave, Venice, CA 90291

486 Carroll Ave

Venice, CA 90291

  • 37 days on market
Located just 150 feet from the Historic Venice Canal, Carroll Ave presents a compelling opportunity for investors to acquire a triplex property. Positioned on a coveted corner lot with alley access and private parking spaces, this free-standing property boasts one 2-bed 1-bath unit, and two 1-bed 1-bath units, centered around a charming courtyard. Situated in the epicenter of LA's fashion, art, and culinary scene, with renowned hot spots like Abbot Kinney and the lively Venice Boardwalk - in one of LA's most dynamic neighborhoods. This income property is an ideal choice for those seeking a lucrative investment, with close proximity to both ocean and city living.

Details

Property type

Est. home value

$1,834,268

Lot size

2,701 sq ft

Price per sq ft

$1,184

Year built

1930

HOA

No

Price History

05/25/2024
CLAW

CLAW #24394015

Listed
$1,899,000
-9.36%
04/28/2024
CLAW

CLAW #24345799

Removed
$2,095,000
03/11/2024
CLAW

CLAW #24345799

Price change
$2,095,000
-3.01%

Schools & Community

Neighborhood: 

Venice

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

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

Lender

Champions Funding Llc

Loan start date

May 2022

Original loan amount

$1,527,900

Est. remaining balance

Not provided

Interest rate

8.37%

Loan type

New Conventional, 30 year

Seller

Mithun Jonathan Mahinda

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: 07/01/2024 at 11:20 AM

Listing updated: 06/02/2024 at 5:23 AM

Listed by: Bijan Raphael, Casey Bohn Phone #: (310) 367-1222

MLS: CLAW #24394015

CLAW logo

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