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Trophy Silicon Beach 6 unit building 100 yards from the famed Venice Beach. Consists of 5 x 1 Bd 1ba units and 1 studio. All units are remodeled and delivered fully furnished. All units are being rented for 30 day or more rentals and can be delivered vacant by close. Located by famed Venice Boardwalk and vibrant Abbot Kinney shops and famous Venice surfing beach. 5 parking spaces and secured building with private courtyard area. Current gross income of $208,800 yearly. Property is under LA rent control. Cap rate 4.2 GRM 17 at current rents. Cap 4.6 and GRM 16 at Market rents. Great upside potential. Drive by only and inside w/accepted offer.
Listing agent: James Allan DRE #01180635 james.allan@compass.com, Listing office: Compass
MLS data updated 10/26/2026, 1:37:44 PM PT
Source: CRMLS, MLS #: 21776210
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jan 6, 2022
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
$3,460,000Closed sale · Jan 6, 2022ZIP 90291 · Jan 2022
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.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.
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.