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Closed
- Listed price
- $4,188,000
- Listed Aug 30, 2017
- Sold price
- $3,850,000
- Sold Dec 8, 2017
5,701 sqft lot|1931 Built|27 MLS days on market
1312 1/2 RIVIERA Ave, Venice, CA 90291
Property Description
Great opportunity to invest in a classic 1930's Spanish style 8- unit property. This trophy property is situated on 2 lots and is located on the corner of Market & Riviera in Venice. There are 5 garages rented for storage that have a large upside for rental increases. The tenants have street parking. The property is about 1/2 way between Abbott Kinney Blvd and Venice Beach. 1 block to Main Street. Upgrades to the property include electrical, plumbing, sewer line and more. The property will be delivered with 2 units vacant and there is huge potential for increased value in both rental increases as well as the location itself is a huge bonus. The property is located within blocks to some of finest shops and restaurants that Venice has to offer. The beach, the shopping, and the upside potential make this a property that will move fast. Showing with offers only so not to disturb tenants. The interior photos are of the units that will be delivered vacant. Buyer to cooperate with seller
Listing agent: Ian HaleDRE #01120121ian@2hales.com, Listing office: RE/MAX ESTATE PROPERTIES
MLS data updated 11/3/2026, 9:00:47 AM PT
Source: CRMLSMLS #: 17265668
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Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$3,850,000
Dec 8, 2017
Available records22017
From MLS recordsActual listing and closing events
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90291 · Nov 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 90291 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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