OFF_MARKETRisky Deal1 days on market

2419 Ocean Front Walk

2419 Ocean Front Walk, Venice, CA 90291, Venice, CA 90291
$9,500,000
Zestimate®:$8,372,700

Listing Price

Property image 1
2419 Ocean Front Walk, Venice, CA 90291
Loc: Venice, CA
Days Listed
1
Tax Assessed
$4164k
Zestimate®
$8373k
Market Rate
Lot Size
2,522 sqft
Rent Estimate
$7,809/mo
Est. Cash Flow base
Type
multi family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

10

Coeur D'Alene Avenue Elementary School

K-5
1.1 mi away
8

Mark Twain Middle School and World Languages Magnet

6-8
1.9 mi away
8

Venice Senior High School

9-12
1.7 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
0.36%
Total ROI
-8.5%
Cash Flow
$-45,192/mo
DSCR
0.06
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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-05-29Listed for sale$9,200,000$1,847
2026-04-17Listing removed$9,500,000$1,907
2026-03-03Listed for sale$9,500,000$1,907
2025-06-23Listing removed$16,500$3
2025-06-04Price change$16,500$3
2025-06-02Price change$18,000$4
2025-05-14Listed for rent$19,500$4
2025-01-12Listing removed$35,000$7
2024-12-20Listed for rent$35,000$7
2023-10-19Listing removed$0
2023-08-14Listed for rent$40,000$8
2013-04-08Sold$3,315,000$665
2012-08-21Sold$3,315,033$665
2012-06-09Listed for sale$3,895,000$782

Tax History

YearProperty TaxTax Assessment
2026$0$4,164,217
2025$49,120.01$4,082,575
2024$48,608.09$4,002,534
2023$47,658.83$3,924,062
2022$45,429.35$3,847,128
2021$44,883.68$3,771,703
2020$45,355.08$3,733,034
2019$45,355.08$3,659,846
2018$43,418.74$3,588,093
2017$43,418.74$3,517,347
2016$42,521.6$3,448,380
2015$41,550.57$3,396,584
2014$41,063.5$3,330,050
2012$0$1,428,000
2011$0$220,418
2010$0$218,772
2009$0$219,293
2008$0$214,995
2007$0$210,780
2006$0$206,648
2005$0$206,648
2004$0$198,625
2003$0$194,985
2002$0$191,162
2000$0$183,741
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
7
Sq Ft
3,833
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $9,500,000Rent Basis: Observed Comp Model ($7,809/mo)State Tax Benchmark: 0.75% (CA)Hazard Reserve: $4,750/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
-0.17%

NOI: $-16,076/yr

Cash-on-Cash Yield
-27.8%

On $2,185,000 invested

DSCR Ratio
-0.03x

Negative debt coverage

5-Yr Leveraged ROI
+-44.8%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.75% of basis)-$2,603/mo
Homeowner / Hazard Insurance-$4,750/mo
Vacancy Reserve (5% of rent)-$390/mo
Repairs & Maintenance (10% of rent)-$781/mo
Property Management (8% of rent)-$625/mo
Total Pure Operating Expenses-$9,149/mo
Net Investor Cash Flow
Gross Scheduled Rent+$7,809/mo
Less: Operating Expenses-$9,149/mo
Net Operating Income (NOI)+$-1,340/mo
Less: Debt Service (30yr @ 6.75%)-$49,293/mo
Net Cash Flow
$-50,633/mo
$-607,598/year
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