facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

California

/

Multifamily

/

Sale

/

1341 Vienna Way

Updated Dec 4, 2024

Compass & Westside Property Management Broker Venice Duplex Sale For $2.17M
SOLDMultiFamily

Compass & Westside Property Management Broker Venice Duplex Sale For $2.17M

1341 Vienna Way

$2,169,375

$960/SF

Building Size

2,259 SF

Asset Type

MultiFamily

Closing

Mar 19, 2024

About this deal

AI

Located at 1341 Vienna Way in Venice, this multifamily property was recently sold for $2,169,375. The asset encompasses a duplex with a main house and a rented rear unit, all sitting on a .25-acre lot in a prime Venice location near beaches and amenities. With a square footage of 2,259 and a price per square foot of $960, this property offers a lucrative investment opportunity.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,169,375
  • Address: 1341 Vienna Way
  • Market: Venice
  • Asset Type: Multifamily
  • Acres: 0.25

Heather Rogers and Heather Shawver from Compass represented the buyer in this transaction, while the seller was represented by Joshua Barre from Westside Property ManagementInc. This successful deal highlights the expertise of these real estate professionals in facilitating a significant property transaction in the vibrant Venice market.

Players

Joshua Barre

Westside Property Management

Broker

$2.2M

vol

1 deal

Broker

Venice MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Deal FAQ

About $960 per square foot on a published $2.2M for 2,259 square feet (2024).

Visit Compass to view all their deals.

Browse Venice multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.31%

Cash-on-Cash

-2.09%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets