3004 Pacific Ave, Venice, CA 90291

8 beds6 baths3,476 sqft Edit

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Off Market
Zestimate®: $2,814,073
Rent Zestimate®: $4,078/mo
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A Rent Zestimate® is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property.

My Notes

Edit
Looking for the ultimate Venice beach lifestyle? This is it!!! This apartment complex is just steps away from the Marina Peninsula and its pristine beach, the C & O Trattoria, The Cow's End Coffee Shop, Baja Cantina, and the World Famous Venice Canals! It is absolutely the perfect Venice location! This beautiful property consists of 3476 sq. ft, with 8 bedrooms and 6 bathrooms on title and potential to legally add 800 more square feet from the basement plus a massive 1700 sq. foot ocean view roof top deck. It is currently being rented as 3 units. In the past it was rented as 5 units. There is a very large basement with a finished guest room/apartment not included in the square footage which has not been permitted. The income currently is roughly a bit more than $55,200. Proforma income could be as high as 102,000 per year or more perhaps. Included in this listing are the architectural renderings of the buildings potential use.  More Less 

Facts

  • Lot: 2,655 sqft
  • Multiple Occupancy
  • Built in 1971
  • Last sold: Sep 2010 for $1,200,000

    Construction

    • Unit count: 3

    Other

    • Floor size: 3,476 sqft
    • Last remodel year: 1971
    • Parcel #: 4227018009
    • Zillow Home ID: 20444270

    Zestimate Details

    Zestimate
    A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

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    $2,814,073
    -$28,794 Last 30 days
    $2.34M
    $3.32M
    Zestimate range
    Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

    The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
    $4,078/mo
    -$83 Last 30 days
    $2.2K
    $8.2K
    Zestimate range

    Popularity on Zillow

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    235 forecasted views of this home
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    Comparable Homes

    Homes like this sold for $1.75-2.99M.

    $1.54M
    $3.2M

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    Neighborhood

    Market guide

    Zillow predicts Venice home values will increase 10.4% next year, compared to a 7% increase for Los Angeles as a whole. Among Venice homes, this home is valued 115.2% more than the midpoint (median) home, but is valued 3.5% less per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In Venice, the number of foreclosures waiting to be sold is 41.6% less than in Los Angeles, and 61% less than the national average. This lower local number could help Venice home values rise more quickly than other regions in Los Angeles.

    Learn more about forecast calculations or Venice home values.
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      Nearby Schools in Los Angeles

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