845 Brooks Ave APT 1, Venice, CA, 90291 | $395/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

845 Brooks Ave APT 1, Venice, CA, 90291 | $395/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
1243 sft

20 Catamaran St APT 103, Marina Del Rey, CA, 90292

Rental Income+ 1 more

11 Bed
9 Bath
5398 sft

22 28th Pl, Venice, CA, 90291

3 Bed
3 Bath
1978 sft

613 Mildred Ave, Venice, CA, 90291

4 Bed
3 Bath
2670 sft

721 Indiana Ave, Venice, CA, 90291

Nearby investment properties with comparable prices

3 Bed
2 Bath
1330 sft

305-307 N Venice Blvd, Venice, CA, 90291

1 Bed
2 Bath
1115 sft

2940 Neilson Way UNIT 303, Santa Monica, CA, 90405

2 Bed
2 Bath
1188 sft

255 Main St APT 103, Venice, CA, 90291

2 Bed
2 Bath
970 sft

519 1/2 Rose Ave, Venice, CA, 90291

Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

Explore more listings using simple english

Investment Highlights

Investment property for sale in Venice at 845 Brooks Ave APT 1, Venice, CA, 90291 uses $328,671 cash to close to unlock $4,735/yr annual cash flow and $395/mo monthly cash flow. Total monthly income runs $6,575/mo, and a $4,890/mo payment keeps the spread at $395/mo. Purchase price stands at $999,000, and rental yield measures 7.9% with $6,575/mo rent. Return on cash invested shows 21.5% in year one, and 5% annual appreciation builds toward $276,005 over five years. Five-year ROI reaches 111.34% and total cumulative return in cash records $365,942. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,575/mo property income covering a $4,890/mo payment rather than investor’s personal income.

Condo

Built in 1989

7,387 sqft lot

$N/A/sqft

No HOA

More details about the property

A three-bedroom charmer in the heart of Venice, 845 Brooks is a modern gem just inches from top shopping, dining, and coffee spots. This light-filled end unit features hardwood floors throughout, a bright kitchen with modern finishes and generous counter space, and the convenience of in-unit laundry. Double-pane windows with blinds keep the space quiet and comfortable, while central air and heat ensure year-round comfort.Enjoy two deeded parking spaces in the secure gated underground garage, plus extra storage outside the unit. Guests will appreciate the ample street parking nearby. A lovely communal outdoor space with a teak dining table and barbecue sits beneath the trees, perfect for entertaining or relaxing.Highlights include a private balcony, gas water heater, and the peace of mind of a well-maintained complex. From here, you can walk to Abbot Kinney, Zinqu Coffee, Venice West, Chulita on Rose, and even a grocery store right across the street. Venice beach is just a short bike ride away, close enough to enjoy daily, yet far enough to retreat from the busy boardwalk.Don't miss the rare chance to own a thoughtfully designed home in one of Venice's most sought-after West of Lincoln locations, offering the perfect blend of convenience, lifestyle, and retreat. See PVT remarks for showing requests.

Neighborhood Data

Neighborhood data shown for ZIP Code: 90291, Venice, CA area.

Housing Distribution

Housing Statistics

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