ActiveResidential · sale

38 Dudley Avenue

Venice, CA 90291

$2,499,000

  • 6 beds
  • 5 baths
  • 2,943 sq ft
  • 0.09 acres
  • Built 1921

Listed by Zuniga Realty · MLS #OC26157135

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PROPERTY QUESTIONS & SHOWINGS

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38 Dudley Avenue, Venice, CA 90291 · MLS #OC26157135

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A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1921.

Garage parking

2 garage spaces listed.

Property size

0.09 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Finally, "ALL UNITS ARE UNOCCUPIED," including the front House. This is an exquisite residence with an income-generating cash flow situated in the heart of Venice Beach, CA. This property effortlessly combines classic charm with modern amenities, making it an ideal choice for those seeking both comfort and sophistication in one of Los Angeles' most vibrant neighborhoods. Nestled just steps away from the iconic Venice Beach, this home offers unparalleled access to the sun, sand, and surf. Enjoy the vibrant beach lifestyle with the famous Venice Boardwalk, Muscle Beach, and a variety of eclectic shops, cafes, and restaurants all within walking distance. This residence exudes character with its charming architecture and thoughtful design. The exterior showcases a perfect blend of classic and contemporary elements, creating a visually stunning façade that captures the essence of Venice Beach living. In addition to the main residence, 38 Dudley Ave offers an exceptional opportunity with its income property potential. The back of the property includes a separate four-unit building, providing an excellent source of rental income. Each unit is thoughtfully designed to offer comfortable living spaces, ensuring high tenant satisfaction. Living at 38 Dudley Ave means embracing the unique and dynamic lifestyle that Venice Beach is famous for. From artistic expression to a thriving food scene, the community offers something for everyone. Enjoy leisurely bike rides along the beach, explore the trendy boutiques on Abbot Kinney Boulevard, or take in the vibrant street performances and murals that define Venice Beach culture. 38 Dudley Ave is more than just a home; it’s a lifestyle. With its prime location, charming architecture, and lucrative income potential, this property represents a rare opportunity to own a piece of Venice Beach. Whether you’re looking for a family home, an investment property, or a vacation retreat, this residence offers endless possibilities. Contact us today to schedule a private tour and discover all that 38 Dudley Ave has to offer. Don’t miss out on this incredible opportunity to live in one of the most sought-after neighborhoods in Los Angeles.

THE NEIGHBORHOOD

Explore the location.

38 Dudley Avenue, Venice, CA 90291

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1921
Full baths
5
Garage spaces
2
Cooling
None
Heating
EnergyStarQualifiedEquipment,NaturalGas,WallFurnace
Appliances
EnergyStarQualifiedAppliances,EnergyStarQualifiedWaterHeater,ElectricRange,GasCooktop,GasOven,GasRange,GasWaterHeater,HighEfficiencyWaterHeater,Refrigerator,RangeHood,WaterHeater
Flooring
Carpet,Tile,Wood
Pool
No
Pool features
None
Spa
No
Zoning
LARD1.5
Parcel
4286021015
HOA fee
$0.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$10,412.50
Cap rate

Annual operating income:

HOA: No HOA cost is included because the listing source reports a $0 fee. Confirm current dues and special assessments before relying on this estimate.

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Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
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Listing information

MLS #OC26157135 · California Regional MLS

Listing brokerage: Zuniga Realty
Listing agent: Keren Zuniga

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.