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Sold for $1,940,000 on 03/04/25
  • $1,940,000

    2428 Ocean Ave, Venice, CA 90291

    7beds
    5baths
    2,048sqft
    Multi Family
    Built in 1949
    -- sqft lot
    $2,412,100 Zestimate®
    $947/sqft
    $7,757 Estimated rent

    Home value

    $2,412,100

    $2.15M - $2.70M

    $7,757/mo

    Zestimate® history
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    What's special

    We are excited to present an incredible triplex* for sale at 2426-2428 Ocean Ave, located in the highly sought-after Venice neighborhood. This property includes two spacious 2-bedroom, 2-bathroom units, each featuring a den/office and approximately 1,000 square feet of living space. Both units will be delivered vacant! Additionally, the property includes a converted garage unit at the rear, offering approximately 300 square feet of living space.Ocean Ave boasts a prime location, making it an ideal opportunity for an owner-user interested in occupying one or both of the two-bedroom units. Situated just 100 feet from the iconic Venice Canals and within a 10-minute walk to Abbott Kinney and Erewhon, the property is nestled in an exceptionally charming neighborhood.Unit 2428 Ocean Ave is a beautifully renovated, single-level unit featuring 2 bedrooms, 2 baths, and a versatile den/office space. It also includes an in-unit washer and dryer and is separately metered for gas and electricity. The estimated market rent for this unit is $5,000 per month.Unit 2426 Ocean Ave, located upstairs, is also renovated and offers 2 bedrooms, 2 baths, and a den/office, along with the added benefit of a private rooftop deck. The estimated market rent for this unit is $5,500 per month.Both units (2426 and 2428) come with two tandem parking spaces, accommodating a total of four vehicles.Unit 2426 is a garage that was legally converted to a recreational room, not as a unit, and is currently rented for $2,000 per month. Buyers are encouraged to conduct their own due diligence regarding the potential legalization of this space as an Accessory Dwelling Unit (ADU).This property is a rare find and is expected to sell quickly. With its unbeatable location, two vacant and renovated units, converted garage and ample parking, it's an opportunity you don't want to miss!

    Zillow last checked: 8 hours ago

    Listing updated: March 04, 2025 at 10:37am

    Listed by:

    Adam Zunder DRE # 01821053 747-214-0470,

    Iconic Investments 747-444-3300

    Bought with:

    Thomas Neill, DRE # 02071601

    Stigler Homes

    Source: CLAW,MLS#: 25-488399MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 5
    Heating
    • Wall
    Cooling
    • Wall Unit(s)
    Appliances
    • Included: Disposal, Freezer, Dishwasher
    • Laundry: Gas Dryer Hookup, Gas Or Electric Dryer Hookup
    Features
    • Ceiling Fan(s)
    Interior area
    • Total structure area: 2,048
    • Total interior livable area: 2,048 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Driveway
    • Has uncovered spaces: Yes
    Features
    • Levels: Multi/Split
    • Stories: 2
    Lot
    • Size: 3,415 sqft
    • Dimensions: 38 x 90
    Details
    • Additional structures: None
    • Parcel number: 4228004023
    • Zoning: LARD1.5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1949

    Community & neighborhood

    Location
    • Region: Venice

    Price history

    DateEventPrice
    3/4/2025Sold$1,940,000-2.8%$947/sqft
    Source: CLAW #25-488399
    2/21/2025Pending sale$1,995,000$974/sqft
    Source: CLAW #25-488399
    1/23/2025Listed for sale$1,995,000$974/sqft
    Source: CLAW #25-488399

    Public tax history

    YearProperty taxesTax assessment
    2025$3,383 +2.1%$255,434 +2%
    2024$3,312 +1.7%$250,426 +2%
    2023$3,256 +4.5%$245,517 +2%

    Find assessor info on the county website

    Neighborhood: Venice

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $2,412,100

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $2,412,100