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Closed
- Listed price
- $5,000,000
- Listed Oct 2, 2019
- Sold price
- $5,850,000
- Sold Nov 18, 2019
3,597 sqft lot|1913 Built|23 MLS days on market
16 THORNTON Ave, Venice, CA 90291
Property Description
A once in a lifetime opportunity to own a part of Venice history. Built 1913 and renovated in 2019, This 18-unit apartment building is right off the ocean. On the corner of Speedway and Thornton, many of the units have beautiful ocean views. This building comes with the charm you will only find in a few buildings left in Venice of this age. 7 units will be delivered vacant. The above rents only reflect tenant-occupied units. Huge upside in rents!
Listing agent: Michael SpringerDRE #01265333Springer@compass.com, Listing office: Compass
MLS data updated 10/30/2026, 6:17:54 PM PT
Source: CRMLSMLS #: 19507968
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$5,850,000
Nov 18, 2019
Available records22019
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90291 · Oct 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.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
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.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.