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412 Brooks Avenue

Venice, CA 90291

– beds
– baths
– sqft
4,999 sqft lot
1964 build
– on site

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We are proud to present this very rare opportunity to acquire a quadplex in the heart of Venice, CA. Three units to be delivered vacant. This quadplex in the heart of Venice, is conveniently located just steps from Abbot Kinney Blvd., close to beaches, trendy shops, and Marina Del Rey. It's Ideal for an owner-user or entry-level investment. This 4-unit, 2,355 SqFt multifamily building sits on a 4,999 SqFt lot, and it has a unit mix of (4) 1-Bed / 1-Bath units. With the upside in rent potential of 445%, its excellent location is perfectly positioned for an investor who wants a value-add property in a highly appreciating location. This property is perfect for an investor who wants to capitalize on the upside potential in rental income and the historically strong appreciation of this Venice market. It is also perfect for an owner-occupied buyer who wants to live in one of the units and collect rent on the other three. Furthermore, this property's zoning (LARD1.5) also offers an investor the potential for future redevelopment of 4 units/condos. Lastly, since this property has 4-units, it qualifies for residential financing. Three of these units will be delivered vacant.

Listed By CRMLS_CA / Ra-Son Theus / Keller Williams Inglewood

Last checked: Checking… • Last updated Apr 29, 2025 •

MLS# 22119704 —

The Building

Year Built:

1964
New Construction:

No
Building Area Total:

2355.00
Total Number Of Units:

4
# of Buildings:

1
Stories Total:

1
Faces:

North
# of Separate Gas Meters:

4
# of Separate Electric Meters:

4

Interior

Features:

Ceiling Fan(s)
Laundry:

In Kitchen
Laundry:

1

Location

Directions:

Two blocks east of Abbot Kinney Blvd.
Latitude:

33.99377200
Longitude:

-118.47128300

The Property

Property Type:

Residential Income
Zoning:

LARD1.5
Lot Size Area:

4999.0000
Lot Size Dimensions:

40 x 125
Lot Size Acres:

0.1148
Lot Size SqFt:

4999.00
Lot Dimensions Source:

Assessor
Security Features:

Gated Community

Listing Agent

Contact info:

The Listing

Special Listing Conditions:

Standard
Parcel Number:

4239010020

Heating & Cooling

Cooling:

No
Cooling:

None

Appliances

Appliances:

Disposal
Included:

Yes

The Community

Senior Community:

No

Parking

Parking:

Yes
Parking:

Assigned
Parking Spaces:

4.00

Extra Units

Number With Disposal:

4

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Sale history

Date	Event	Source	Price	% Change
9/12/24 Sep 12, 2024	Listed / Active	BRIDGE
6/12/24 Jun 12, 2024	Listed / Active	BRIDGE
3/31/22 Mar 31, 2022	Sold	CRMLS_CA	$1,938,930	-0.6%

Multifamily Sold on 3/31/2022

$1,938,930

Listing provided by broker:

Ra-Son Theus

Keller Williams Inglewood

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Listing Courtesy of: CRMLS_CA and Keller Williams Inglewood. Based on information from California Regional Multiple Listing Service, Inc. as of 00:02 on May 14.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

412 Brooks Avenue

Venice, CA 90291