$3,888,000
250 3rd Avenue, Venice CA 90291
Multi-Family (8 Units)
Property type
44 days
On market
$1,182
Price per sqft
N/A
Garage
1956
Year built
6,324 sqft
Lot size
Home highlights
Open Houses
Overview
250 3rd Avenue, an eight-unit multifamily property situated in the heart of Venice, California one of the most coveted and supply-constrained coastal submarkets in Los Angeles. Thoughtfully redesigned by the acclaimed Teague Designs, the building embodies the refined, architecturally intentional aesthetic that defines modern Venice living, offering a rare convergence of...
Listing provided by: John Swartz DRE #01873487 310-779-9929, Compass, Jacqueline Carroll DRE #02139996 917-757-3442, Compass
Listing updated: Apr 30, 2026 at 07:18am.
Last checked: Jun 4, 2026 at 04:31pm
Source: CRMLS #26771865
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 4 | 0 | 1 | — | $1,900 | $7,599 | $10,000 | Unfurnished |
| 4 | 1 | 1 | — | $3,385 | $13,540 | $14,290 | Unfurnished |
# of Buildings: 1
# of Units Total: 8
Dishwasher: 8
Refrigerator: 8
Financial Snapshot
Gross Rent Multiplier
15.7x
List Price / Annual Gross Rent
Cap Rate
4.17%
NOI / List Price
Net Operating Income: $161,958
Interior
Interior Features: Ceiling Fans
Heating: Wall Furnace
Appliances: Dishwasher, Refrigerator
Exterior
Stories Total: 0
Levels: Two
Garage and Parking
Parking: Uncovered
Parking Total: 0
Lot Information
Land Lease: No
Parcel #: 4286001012
Zoning: LARD1.5
Lot Size Dimensions: 43x145
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 250 3rd Avenue, Venice, CA 90291. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$3,110,400
Total Interest
$3,967,144
Total Payment
$7,077,544
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$23,860
per month
Property History for 250 3rd Avenue
Venice Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90291.
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