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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Venice at 59 Rose Ave APT 3, Venice, CA, 90291 with 5% annual appreciation on a $1,349,000 basis while $6,738/mo rent supports operations. 49% in year one. Equity gained on principal adds $8,705/yr, and five-year appreciation sums $372,704 alongside rental yield of 5.99%. Five-year ROI measures 69.23% and total cumulative return in cash totals $302,607. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,738/mo property income versus a $6,603/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1974
5,410 sqft lot
$N/A/sqft
$400 monthly HOA
Neighborhood data shown for ZIP Code: 90291, Venice, CA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,662 (100%) |
| Owner Occupied HU | 4,668 (28.0%) |
| Renter Occupied HU | 10,056 (60.4%) |
| Vacant Housing Units | 1,938 (11.6%) |
| Median Home Value | $1,996,664 |
| Average Home Value | $1,825,395 |
Residential
15,689
Single Family
9,601
Multi-Family
6,088
Businesses
1,190
Date | Event | Price |
|---|---|---|
| 2025-04-04 | Listed for sale | $1,349,000 |
| 2022-01-24 | Sold | $1,275,000 |
| 2022-01-07 | Pending sale | $1,299,800 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-04 | $16078.68 | 1.98% | $1,326,510 | 2.00% |
| 2023-04-04 | $15766.51 | 4.72% | $1,300,500 | 30.77% |
| 2022-04-04 | $15055.20 | 27.68% | $994,500 | 280.27% |
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Listed by: Rya Meyers • Pardee Properties
Mls Name: CLAW
Mls Provider:
Mls ID: #25514983
Disclaimer: 2025 The MLS - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS - Combined L.A. Westside MLS (CLAW as of 2025-04-04 10:28:57 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
