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Sold on 12/31/2025
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19 Wavecrest Ave, Venice, CA 90291

$4,545,000

Last sold 12/31/2025 after 126 Days

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Multi-family not for sale
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About 19 Wavecrest Ave

Property type Multi-family
Neighborhood
Year built 1912
HOA fee $0/month
Lot size 2,698 Sqft
Rental estimate
Property description
19 Wavecrest Ave Apartments is a 10-unit apartment community located 130+ feet from the Venice Boardwalk and beach. Residents enjoy the benefits of living in the heart of Venice as he property is in close proximity to Abbot Kinney, Santa Monica Pier, and much more. 19 Wavecrest Ave offers (7) one-bedroom apartments each measuring approximately 650 square feet, (2) two bedroom/one bath apartments each measuring approximately 815 square feet, and (1) two bedroom-two bath Penthouse unit measuring approximately 1,100 square feet. The penthouse unit features a jacuzzi, rooftop deck, and has views of the Pacific Ocean and entire city of Los Angeles. Potential to have (8) units delivered vacant at the close of escrow, with the penthouse unit having potential to be leased back at market rate. Units feature ocean views, Spanish tiling, and private patios. There is laundry on site.
Listed by
Listing Agent - Cameron Samimi
Listing Office - Lyon Stahl Investment Real Estate, Inc.
Source: CRMLS mls logo
MLS#SB25193353 • last updated 9 months ago
Movoto checked CRMLS for data 6 minutes ago
Overview
Type Residential Income
SubType Apartment
Status Closed
Lot Size (Acres) 0.0619
Lot Size (SqFt) 2698
Year Built 1912
Interior
Laundry Community
Exterior
Building Area Square Feet, 7280
Lot Description 0-1 Unit/Acre
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Los Angeles
Community Features Urban
Zoning LARD1.5
Directions Near Pacific Ave And Abbot Kinney Blvd
APN 4226003010
Multifamily Details
Vacancy Allowance Rate 3
Operating Expense 129155
Cap Rate 6.32
Total Expenses 129155
Gross Income 419826
Gross Operating Income 419826
Gross Multiplier 10.63
Gross Scheduled Income 419826
Rental est.: $1,758/month
Gross rent multiplier: 215.5
  • Jan 2026
    mls logo MLS # SB25193353
  • Jan 2, 2026 Sold
    $4,545,000
  • Aug 27, 2025 Listed
    $4,599,999
  • Dec 2025
    Public Records
  • Dec 31, 2025 Sold
    $4,545,000 (-1.2%)
  • May 2025
    mls logo MLS # SB25096121
  • May 1, 2025 Listed
    $4,599,999 (-5.2%)
  • Jan 2025
    mls logo MLS # SB25010256
  • Jan 15, 2025 Listed
    $4,850,000 (-6.7%)
  • Sep 2024
    mls logo MLS # SB24011415
  • Sep 17, 2024 Price Change
    $5,200,000 (-1.9%)
  • Jun 25, 2024 Price Change
    $5,300,000 (-3.6%)
  • Jan 18, 2024 Listed
    $5,500,000 (-21.4%)
  • Oct 2022
    mls logo MLS # 22208067
  • Oct 12, 2022 Listed
    $6,999,000
  • Aug 2019
    mls logo MLS # 19496890
  • Aug 6, 2019 Listed
    $6,995,000
  • Aug 6, 2019 Listed
    $6,995,000
  • Year Property taxes Tax assessment
  • 2025
    $59,325 +1.1%
    $4,896,000 +2.0%
  • 2024
    $58,667 +187.9%
    $4,800,000 +198.31%
  • 2023
    $20,375 +4.7%
    $1,609,083
  • 2022
    $19,455 +1.4%
    $1,609,083 +4.04%
  • 2021
    $19,186 -1.0%
    $1,546,603 +1.04%
  • 2020
    $19,374
    $1,530,746
  • 19 Wavecrest Ave
    $4.54M
  • Venice
    $2.59M +4% y/y
  • 90291
    $2.74M +5% y/y
  • Venice
    $2.74M +5% y/y
No chart available
Statistics calculated by Movoto

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7/10
Venice Senior High School
public Grades 9-12
Los Angeles Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
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