OFF_MARKETRisky Deal2 days on market

302 S Venice Blvd

302 S Venice Blvd, Venice, CA 90291, Venice, CA 90291
$1,875,000
Zestimate®:$1,835,200

Listing Price

Property image 1
302 S Venice Blvd, Venice, CA 90291
Loc: Venice, CA
Days Listed
2
Tax Assessed
$1958k
Zestimate®
$1835k
Market Rate
Lot Size
1,431 sqft
Rent Estimate
$7,417/mo
Est. Cash Flow base
Type
single 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
0.9 mi away
8

Mark Twain Middle School and World Languages Magnet

6-8
1.7 mi away
8

Venice Senior High School

9-12
1.5 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
3.29%
Total ROI
6.1%
Cash Flow
$-4,346/mo
DSCR
0.54
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-04-07Listed for sale$1,875,000$1,125
2025-12-23Listing removed$1,999,000$1,200
2025-09-02Listed for sale$1,999,000$1,200
2025-05-01Listing removed$1,999,000$1,200
2025-04-18Price change$1,999,000$1,200
2025-04-03Listed for sale$2,050,000$1,230
2023-07-22Listing removed$1,845,000$1,107
2022-07-19Sold$1,845,000$1,107
2022-07-15Pending sale$1,845,000$1,107
2022-06-23Contingent$1,845,000$1,107
2022-06-11Listed for sale$1,845,000$1,107
2011-08-04Sold$950,000$570
2003-10-02Sold$626,000$376

Tax History

YearProperty TaxTax Assessment
2026$0$1,957,927
2025$23,009.01$1,919,537
2024$22,759.22$1,881,900
2023$22,314.82$1,845,000
2022$20,935.2$1,124,421
2021$13,042.14$1,102,375
2020$13,177.02$1,091,072
2019$13,177.02$1,069,680
2018$12,606.32$1,048,707
2017$12,606.32$1,028,145
2016$12,329.8$1,007,986
2015$12,052.41$992,846
2014$11,909.99$973,398
2012$0$950,000
2011$0$691,310
2010$0$686,144
2009$0$687,775
2006$0$1,425,000
2005$0$651,290
2004$0$626,000
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
2
Baths
3
Sq Ft
1,666
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: $1,875,000Rent Basis: Observed Comp Model ($7,417/mo)State Tax Benchmark: 0.75% (CA)Hazard Reserve: $938/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
2.27%

NOI: $42,593/yr

Cash-on-Cash Yield
-17.2%

On $431,250 invested

DSCR Ratio
0.36x

Negative debt coverage

5-Yr Leveraged ROI
+8.2%

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)-$1,224/mo
Homeowner / Hazard Insurance-$938/mo
Vacancy Reserve (5% of rent)-$371/mo
Repairs & Maintenance (10% of rent)-$742/mo
Property Management (8% of rent)-$593/mo
Total Pure Operating Expenses-$3,868/mo
Net Investor Cash Flow
Gross Scheduled Rent+$7,417/mo
Less: Operating Expenses-$3,868/mo
Net Operating Income (NOI)+$3,549/mo
Less: Debt Service (30yr @ 6.75%)-$9,729/mo
Net Cash Flow
$-6,180/mo
$-74,155/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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