724 Machado Dr
Venice, CA 90291
Venice- 5 Beds
- 4 Baths
- 2,036 sqft
5 Beds
4 Baths
2,036 sqft
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1947
Living Area
2,036 sqft
Price/Sqft
$812
Parking
Garage
About this House
After filtering through those deals that have no Growth opportunity, no meat on the bone, and absolutely make NO SENSE - Here it is! A chance to invest in a Prime area with tons of rental upside. During this pandemic there is a flight to Quality and this location will remain resilient under challenging circumstances - as evidenced by ALL TENANTS having paid through COVID-19. Location, location, location + upside, upside, upside.. Well maintained bread and butter asset with plenty of value to capture. ADU option is realizable adding an additional income stream. There are separate private garage structures located in the rear of the property. These units sit on a lot zoned C-2 and are within minutes to some of silicon beaches' hottest spots; walk score of 92. The confluence of low expenses, low price per unit, & low interest rates, make this investment a safe, opportunistic and well positioned winner to act on now. This deal will not last. Priced to sell... Contact me for more info
Home Details for 724 Machado Dr
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Heating & Cooling Heating: GasHeating Fuel: Gas |
Levels, Entrance, & Accessibility Stories: 2 |
Appliances & Utilities Refrigerator |
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Year Built Year Built: 1947Year Updated: 1947 |
Property Type / Style Property Type: Multi Family |
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Exterior Home Features DeckPatio |
Parking & Garage GarageParking Spaces: 3Parking: Garage Detached |
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Units in Building: 4 |
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Lot Area: 3798 sqft |
Price History for 724 Machado Dr
| Date | Price | Event | Source |
|---|---|---|---|
| 02/02/2021 | $1,300,000 | Sold | N/A |
| 12/28/2020 | $1,450,000 | Pending | Agent Provided |
| 10/15/2020 | $1,450,000 | Listed For Sale | Agent Provided |
| 06/13/2020 | $1,749,500 | ListingRemoved | Agent Provided |
| 05/15/2020 | $1,749,500 | PriceChange | Agent Provided |
| 01/22/2020 | $1,775,000 | Listed For Sale | Agent Provided |
| 07/19/2019 | $1,750,000 | ListingRemoved | Agent Provided |
| 04/11/2019 | $1,750,000 | PriceChange | Agent Provided |
| 04/05/2019 | $1,995,000 | PendingToActive | Agent Provided |
| 04/01/2019 | $1,995,000 | Pending | Agent Provided |
| 01/17/2019 | $1,995,000 | Listed For Sale | Agent Provided |
| 09/29/1997 | $195,000 | Sold | N/A |
| 07/28/1997 | $130,005 | Sold | N/A |
| 03/21/1997 | $130,005 | Sold | N/A |
Market trends in Venice
Last updated June 2026
Avg. sale price
$1.87M
$121KMoM
Sale-to-List Price
97.7%
Price per sq ft
$1.06K
$35MoM
Available listings
231
16MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $17,109 |
| Assessment | $1,407,159 |
Home facts updated by county records
Comparable Sales for 724 Machado Dr
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.29 | Multi-Family Home | $1,730,000 | 07/16/26 | 6 | 4 | 2,334 | |
0.32 | Multi-Family Home | $1,884,415 | 07/07/26 | 4 | 4 | 2,076 | |
0.13 | Multi-Family Home | $2,200,000 | 07/30/26 | 4 | 4 | 2,436 | |
0.69 | Multi-Family Home | $1,585,000 | 06/29/26 | 4 | 4 | 2,042 | |
0.26 | Multi-Family Home | $2,450,000 | 02/27/26 | 6 | 6 | 3,749 | |
0.65 | Multi-Family Home | $1,700,000 | 01/29/26 | 5 | 2 | 1,927 | |
0.58 | Multi-Family Home | $1,770,000 | 09/18/25 | 4 | 3 | 1,830 | |
0.52 | Multi-Family Home | $1,770,000 | 06/16/26 | 4 | 2 | 1,616 | |
0.76 | Multi-Family Home | $1,575,000 | 09/26/25 | 4 | 3 | 1,725 | |
0.62 | Multi-Family Home | $1,562,500 | 04/16/26 | 4 | 3 | 2,222 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 724 Machado Dr.
What Locals Say about Venice
At least 457 Trulia users voted on each feature.
97 % Say it's dog friendly
93 % Say it's walkable to restaurants
93 % Say there are sidewalks
80 % Say it's walkable to grocery stores
65 % Say car is needed
64 % Say people would walk alone at night
62 % Say neighbors are friendly
60 % Say yards are well-kept
56 % Say they plan to stay for at least 5 years
54 % Say parking is easy
54 % Say there's holiday spirit
49 % Say streets are well-lit
43 % Say there are community events
43 % Say it's quiet
42 % Say kids play outside
37 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
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