About this home

Presenting 3833 Beethoven Street, a well-located 3-unit multifamily investment opportunity in the desirable Mar Vista neighborhood of Los Angeles. Offered at $1,450,000, the property features approximately 2,112 SF of building area situated on a 5,256 SF lot. Built in 1949, the property consists of (2) 1-bedroom/1-bathroom units and (1) 2-bedroom/1-bathroom unit, offering an attractive unit mix in a highly sought-after Westside rental market. The property generates $103,020 in annual scheduled gross income, providing investors with a 4.87% current cap rate and 14.07 GRM. With approximately 11% rental upside, projected annual scheduled income increases to $114,000, resulting in a 5.59% pro forma cap rate and 12.72 GRM. This opportunity allows investors to benefit from existing rental income while capturing additional value through future rent growth. Located in the heart of Mar Vista, the property offers convenient access to Venice, Culver City, Santa Monica, and the greater Westside employment centers. Its desirable residential setting, three-unit configuration, and income potential make 3833 Beethoven Street an appealing opportunity for investors seeking long-term appreciation and rental growth. The property may also appeal to an owner-user looking to occupy one unit while generating income from the remaining residences, subject to applicable tenancy and occupancy requirements

Facts and features

Schools

• Venice Senior High School

  high · 9-12 · 0.2 mi

  8

• Beethoven Street Elementary School

  elementary · K-5 · 0.3 mi

  8

• Mark Twain Middle School and World Languages Magnet

  middle · 6-8 · 0.4 mi

  8

• Wildwood School

  elementary · K-12 · 0.7 mi

• Phoenix Continuation School

  high · 9-12 · 0.3 mi

  3

• James J. Mcbride Special Education Center

  middle · 6-12 · 0.6 mi

Price history

• Nov 5, 2026 · Listed$1,450,000
• Oct 2, 2024 · Listing Removed$3,995
• Sep 21, 2023 · Listing Removed—
• Sep 16, 2023 · Price Changed For Rent$3,995
• Sep 7, 2023 · Listed For Rent$4,500
• Aug 2, 2023 · Listing Removed—
• Jul 19, 2023 · Price Changed For Rent$3,995
• Jul 2, 2023 · Price Changed For Rent$4,200

Tax history

• 2025$4,232 tax · $321,584 assessed
• 2024$4,157 tax · $315,279 assessed
• 2023$4,087 tax · $303,038 assessed
• 2022$3,914 tax · $297,097 assessed
• 2021$3,855 tax · $291,273 assessed
• 2020$3,889 tax · $288,287 assessed
• 2019$3,748 tax · $282,635 assessed
• 2018$3,670 tax · $277,094 assessed

Home value

$1,514,000

• Collateral Analytics$1,514,000

Where it is