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Sold on 10/29/2019
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49 Thornton Ave, Venice, CA 90291

$2,000,000

Last sold 10/29/2019 after 244 Days

  • 5

    bed

  • 5

    bath

House not for sale
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About 49 Thornton Ave

Property type House
Neighborhood
Year built 1902
HOA fee $0/month
Lot size 4,548 Sqft
Property description
The Thornton Apartments is located in a prime Venice location only steps away from Venice Beach and Boardwalk. With 134% upside potential rents, this property offers investors a value-add opportunity for immediate rent growth. The desirable unit mix includes One - 2 bed/1 bath, One - 1 bed/2 bath and Three - 1 bed/1 bath. Unit features include hardwood floors, laundry hookups and ample parking. Tenants can enjoy the close proximity of Abbot Kinney Boulevard shopping and nightlife. Call Broker for more inf
Listed by
Listing Agent - Kimberly
Listing Office - KWSM
Source: San Diego MLS mls logo
MLS#19438404 • last updated 6 years ago
Movoto checked San Diego MLS for data 7 minutes ago
Overview
Levels/Style 0
Status SOLD
SubType Res Income 2-4 Units
MLS # 19438404
Lot Size (SqFt) 4548
Year Built 1902
Interior
Exterior
Lot Desc 4, 000-7, 499 SF
Location
County Los Angeles
APN 4286023024
Zoning LARD1.5
Directions West Of Pacific Avenue, Between Pacific Avenue And Ocean Front Walk, One Block To Venice Beach.
Multifamily Details
Unit 2: # Bedrooms 1
Unit 3: # Bedrooms 1
Unit 1: # Total Baths 1
Unit 2: # Total Baths 1
Unit 3: # Total Baths 2
Unit 4: # Total Baths 1
Unit 4: # Bedrooms 2
Unit 1: # Bedrooms 1
Unit 2: Actual Rent 1030
Unit 3: Actual Rent 1500
Unit 4: Actual Rent 1319
Total # of Units 5
Gross Rent Multiplier (Actual) 10.8
  • Oct 2019
    mls logo MLS # 19438404
  • Oct 30, 2019 Sold
    $2,000,000
  • Oct 29, 2019 Sold
    $2,000,000 (+17.6%)
  • Oct 29, 2019 Sold
    $1,700,000 (-21.8%)
  • Apr 2, 2019 Active
    —
  • Feb 27, 2019 Listed
    $2,175,000
  • Feb 27, 2019 Listed
    $2,175,000
  • Oct 2019
    Public Records
  • Oct 29, 2019 Sold
    $2,000,000
  • Year Property taxes Tax assessment
  • 2024
    $26,541 +1.9%
    $2,144,641 +2.0%
  • 2023
    $26,034 +4.8%
    $2,102,595
  • 2022
    $24,839 +1.2%
    $2,102,595 +4.04%
  • 2021
    $24,539 -8.4%
    $2,020,960 +1.04%
  • 2020
    $26,802
    $2,000,240
  • 49 Thornton Ave
    $2M
  • Venice
    $2.6M +4% y/y
  • 90291
    $2.75M +5% y/y
  • Venice
    $2.75M +5% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
39 Thornton Ave, Venice, CA 90291 $2,747,000 4/1 3,170 0.02
38 Thornton Ave, Venice, CA 90291 $2,083,000 3/3 1,924 0.03
48 Sunset Ave, Venice, CA 90291 $1,653,000 3/2 1,134 0.03
44 Sunset Ave, Venice, CA 90291 $3,935,000 4/4 2,926 0.04
52 Sunset Ave, Venice, CA 90291 $1,592,000 3/1 858 0.04
34 Sunset Ave, Venice, CA 90291 $2,399,000 4/1 2,474 0.04
710 Pacific Ave, Venice, CA 90291 $1,361,000 2/2 1,132 0.05
30 Thornton Ave, Venice, CA 90291 $1,436,000 4/4 3,260 0.05

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.

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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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