$2,700,000
-$550,000649 Rose Avenue, Venice CA 90291
Multi-Family (4 Units)
Property type
58 days
On market
$1,108
Price per sqft
4 cars
Garage
1939
Year built
7,446 sqft
Lot size
Open Houses
Overview
Location is everything. A rare opportunity to own a prime corner double lot on Rose Avenue, just a few blocks from Venice Beach. This unique property spans 7,444 sq ft across two combined parcels and features four individual 1-bedroom, 1-bathroom bungalows, totaling approximately 2,436 sq ft. There are two remodeled units which will be delivered vacant. One of the units has a...
Listing provided by: Victor Gonzalez DRE #01921075 323-848-4948, Horizon Real Estate Management Group
Listing updated: May 29, 2026 at 01:13am.
Last checked: Jun 4, 2026 at 01:00pm
Source: CRMLS #26664387
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | 1 | $1,463 | $1,463 | $3,400 | Unfurnished |
| 1 | 1 | 1 | 1 | $2,402 | $2,402 | $3,400 | Unfurnished |
| 1 | 1 | 1 | 1 | $3,400 | $3,400 | $3,400 | Unfurnished |
| 1 | 1 | 1 | 1 | $3,400 | $3,400 | $3,400 | Unfurnished |
# of Buildings: 4
# of Units Total: 4
Disposal: 4
Refrigerator: 4
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
16.5x
List Price / Annual Gross Rent
Cap Rate
4.62%
NOI / List Price
Net Operating Income: $124,786
Interior
Interior Features: Ceiling Fans
Cooling: Wall Window Units
Heating: Wall Furnace
Appliances: Disposal, Refrigerator, Dryer, Washer
Laundry: Dryer Included, Washer Included
Exterior
Architectural Style: Bungalow
Property Attached: No
Stories Total: 0
Levels: One
Common Walls: No Common Walls
Garage and Parking
Garage Spaces: 4
Garage: Detached
Parking Total: 4
Lot Information
Land Lease: No
Parcel #: 4240002006
Zoning: LAC4
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 649 Rose Avenue, Venice, CA 90291. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$2,160,000
Total Interest
$2,754,961
Total Payment
$4,914,961
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$16,615
per month
Property History for 649 Rose Avenue
Venice Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90291.
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