Movoto Real Estate
Sold on 07/24/2026
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123 Wavecrest Ave, Venice, CA 90291

$2,075,000

Last sold 07/24/2026 after 79 Days

  • 3

    bed

  • 3

    bath

  • 1,802

    Sqft ($1,151/Sqft)

Multi-family not for sale

About 123 Wavecrest Ave

Property type Multi-family
Neighborhood
Year built 1919
HOA fee $0/month
Lot size 2,245 Sqft
Movoto estimate
Rental estimate
Property description
First time on the market in 47 years! This charming and updated duplex is located on a quiet walk street in a secluded part of Venice. Centrally located, this property is a short walk to Venice Beach, Abbot Kinney, Venice Boardwalk, Windward, Rose, etc. making it a truly unique property. In 2017, ground floor unit was remodeled as well as new electrical, plumbing & new roof. Both units have in-unit laundry. Private front and rear yards. Detached 2 car garage. A buyer can make this property their dream home, rent one and live in the other, or use it as a pure investment property with the possibility to add an ADU in the detached garage for additional income. The opportunities are endless! Both units are vacant. This property is under LA RSO and is legally a Duplex per the Certificate of Occupancy.
Listed by
Listing Agent - Kacey Barnett
Listing Office - Sail Realty
Source: The MLS mls logo
MLS#26830043 • last updated 1 month ago
Movoto checked The MLS for data 8 minutes ago
Overview
Levels/Style Two
MLS # 26830043
Type Residential Income
Status Sold
SqFt 1802
Lot Size (SqFt) 2245
Lot Size (Acres) 0.0515
Year Built 1919
Interior
Total # of Baths 3
Total # of Bedrooms 3
Exterior
# Parking Spaces 2
Parking Desc Garage - 2 Car
Add'l Structures None
Amenities / Utilities
Equipment Dishwasher, Dryer, Microwave, Refrigerator, Range/Oven, Washer
Location
County Los Angeles
Zoning LARD1.5
APN 4238-001-023
Multifamily Details
Unit 1: Furnished No
Unit 1: Projected Rent 5000
Unit 1: # Beds 1
Unit 2: Furnished No
Unit 2: Projected Rent 5000
Unit 2: # Beds 2
Unit 2: # Baths 2
Unit 1: # Baths 1
Unit Type 2106, 2107
Total # Of Buildings 1
Vacancy Rate 100%
$2.18M
Range: $1.94M-$2.42M
Last 30 days 
Rental est.: $4,002/month
Gross rent multiplier: 43.2
  • Sep 2026
    mls logo MLS # 26830159
  • Sep 22, 2026 Sold
    $2,075,000
  • Jul 24, 2026 Pending
    —
  • May 5, 2026 Listed
    $2,200,000
  • Sep 2026
    mls logo MLS # 26830043
  • Sep 22, 2026 Sold
    $2,075,000 (-5.7%)
  • Jul 24, 2026 Pending
    —
  • May 5, 2026 Listed
    $2,200,000
  • Year Property taxes Tax assessment
  • 2024
    $4,616 +1.8%
    $364,838
  • 2023
    $4,533 +4.7%
    $364,838 +2.0%
  • 2022
    $4,329 +1.5%
    $357,686 +4.04%
  • 2021
    $4,265 -0.9%
    $343,798
  • 2020
    $4,306 +4.9%
    $343,798 +3.06%
  • 2018
    $4,104 +2.1%
    $333,603 +4.04%
  • 2017
    $4,018 +2.7%
    $320,651 +2.0%
  • 2016
    $3,912 +1.4%
    $314,364
  • 2015
    $3,856
    —
  • 123 Wavecrest Ave
    $2.07M
  • Venice
    $2.6M +4% y/y
  • 90291
    $2.75M +5% y/y
  • Venice
    $2.77M +6% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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