Off market aug 2023 for $3.1M

$3,039,330

Est. refi paymentEst. refi $21,377/mo

•

6 ba

•

3,168

sq ft

227 Ruth Ave, Venice, CA 90291

About this home

Venice living at it's finest. Start earning income immediately with this fully leased turnkey luxury rental property! Steps to restaurant row on Rose Ave, this modern sophisticated duplex is comprised of two luxury units each with 2 primary suites and 2.5 bathrooms. Both with open floor plans and bi-fold accordion doors which seamlessly flow into the exterior living room with built-in gas fireplaces. Ground level unit has a private covered patio and matured garden while the upper unit has a covered balcony and interior with high vaulted ceilings with skylights. Enjoy the outdoor backdrop in the adjacent dining area, attached living room and also from the kitchen with seated counter dining. The residences each feature two primary suites each with fully customized closets, dual sink vanities, enclosed water closets, as well as individual bathtubs and walk-in showers with Porcelanosa tile. All kitchen appliances, full sized side-by-side washer & dryer in laundry room included; security system & speakers wired throughout. Central AC / heat. Gated property comes with parking and additional storage closets. Property was originally built in 1926 and underwent major remodel in 2013. Lower unit has refinished flooring in Aug 2022, termite fumigation tenting completed June 2023 and exterior of building has also just been repainted July 2023. Walk to restaurants, nightlife, yoga, coffee, WholeFoods, ocean.

Multi-familyProperty Type

2013Year Built

4,235 sq ftLot Size

$959Est. Price/Sq.Ft.

1 garage spacesParking

Listed by Jackie Theis •DRE #01919227 • Ashby & Graff

•310-989-1027 (agent)

•jt@jackietheis.com (agent)

Bought with Harry Whelan •DRE #01961478

Redfin checked: 2 minutes ago

•Source:TheMLS #23-292183

Redfin Estimate

$3,039,330

$61K since sold in August 2023$104K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 12.3% lower than the average sale price ($3.47M) of 6 comparable homes.

SOLD MAR 16, 2026
$4,390,000
A
4 beds5 baths3,171 sq ft
518 Sunset Ave, Venice, CA 90291
SOLD AUG 24, 2026
$3,665,000
B
4 beds5 baths2,869 sq ft
1028 Pleasantview Ave, Venice, CA 90291
SOLD JUN 12, 2026
$4,460,000
C
4 beds5 baths3,419 sq ft
752 Palms Blvd, Venice, CA 90291
SOLD AUG 27, 2026
$1,180,000
D
4 beds2 baths1,708 sq ft
247 5th Ave, Venice, CA 90291
BOUGHT WITH REDFIN MAR 2, 2026
$3,435,000
E
4 beds5 baths2,686 sq ft
1000 Indiana Ct, Venice, CA 90291
SOLD JUL 17, 2026
$3,675,000
F
4 beds5 baths2,757 sq ft
24 Dudley Ave, Venice, CA 90291

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Earn from this home

Sell

$536,639

Est. take-home

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Refinance

Est. cash available

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Market trends in North of Rose, CA

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

102.8%

+0.1% MoM

Median sale price

$910K

$95K MoM

Avg. days on market

47d

0 days MoM

Recently sold homes

1 MoM

New listings for sale

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See all

Provided by Redfin

Sale history for 227 Ruth Ave

Year

Property tax

Land + Additions

Assessment*

2025

$37,998 (+1.1%)

$2,376,600 + $785,400

$3,162,000

2024

$37,600 (+228.1%)

$2,376,600 + $785,400

$3,162,000

2023

$11,460 (+4.8%)

$2,330,000 + $770,000

$3,100,000

2022

$10,935 (+1.4%)

$299,660 + $621,356

$921,016

2021

$10,788 (−1.0%)

$293,785 + $609,173

$902,958

2020

$10,895 (+4.1%)

$288,025 + $597,229

$885,254

2019

$10,467 (+0.9%)

$285,072 + $591,106

$876,178

2018

$10,375 (+2.2%)

$279,483 + $579,516

$858,999

2017

$10,153 (+2.5%)

$268,631 + $557,013

$825,644

2016

$9,902 (+1.5%)

$268,631 + $557,013

$825,644

2015

$9,758 (−0.4%)

$263,364 + $546,092

$809,456

2014

$9,798 (+82.1%)

$254,328 + $527,354

$781,682

2012

$5,382 (+3.3%)

$253,179 + $316,657

$569,836

2011

$5,208 (+685.4%)

$248,215 + $163,390

$411,605

2010

$663 (+4.2%)

$243,349 + $160,187

$403,536

2009

$636 (+3.6%)

$27,143 + $17,459

$44,602

2008

$614

$27,208 + $17,501

$44,709

Tax history for 227 Ruth Ave

Year

Property tax

Land + Additions

Assessment*

2025

$37,998 (+1.1%)

$2,376,600 + $785,400

$3,162,000

2024

$37,600 (+228.1%)

$2,376,600 + $785,400

$3,162,000

2023

$11,460 (+4.8%)

$2,330,000 + $770,000

$3,100,000

2022

$10,935 (+1.4%)

$299,660 + $621,356

$921,016

2021

$10,788 (−1.0%)

$293,785 + $609,173

$902,958

2020

$10,895 (+4.1%)

$288,025 + $597,229

$885,254

2019

$10,467 (+0.9%)

$285,072 + $591,106

$876,178

2018

$10,375 (+2.2%)

$279,483 + $579,516

$858,999

2017

$10,153 (+2.5%)

$268,631 + $557,013

$825,644

2016

$9,902 (+1.5%)

$268,631 + $557,013

$825,644

2015

$9,758 (−0.4%)

$263,364 + $546,092

$809,456

2014

$9,798 (+82.1%)

$254,328 + $527,354

$781,682

2012

$5,382 (+3.3%)

$253,179 + $316,657

$569,836

2011

$5,208 (+685.4%)

$248,215 + $163,390

$411,605

2010

$663 (+4.2%)

$243,349 + $160,187

$403,536

2009

$636 (+3.6%)

$27,143 + $17,459

$44,602

2008

$614

$27,208 + $17,501

$44,709

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Permits

Beds

Baths

Stories

—

Lot width

—

Lot depth

—

Lot size

4,235 Sq. Ft.

Year renovated

1982

Sq. Ft.

3,168

Year built

1926

Style

Multi-Family (2-4 Unit)

County

Los Angeles County

APN

4240003025

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 21, 2026.

Property details

Parking

Garage
Assigned, Auto Driveway Gate, Driveway - Concrete, Side By Side, Gated

Parking
# of Parking Spaces (Total): 3
# of Open Other Spaces: 3

Interior

Bedroom Information
2 Master Bedrooms, WalkInCloset, Master Suite

Bathroom Information
2 Master Baths, Double Shower, Double Vanity(s), Shower and Tub, Powder Room, Low Flow Toilet(s)

Kitchen Information
Range, Gas, Microwave
Open to Family Room

Laundry Information
Laundry Room, Laundry in Unit

Additional Rooms
Master Bedroom, Walk-In Closet, Patio Covered, Powder Room, Dining Area

Interior Features
Built-Ins, Drywall Walls, Open Floor Plan, Mirrored Closet Door(s), High Ceilings (9 Feet+), Turnkey
Ground Level - no steps
Windows: Double Pane Windows, Custom Window Covering

Fireplace Information
Gas Fireplace, On Patio

Flooring Information
Tile Floors, Wood Floors

Equipment
Alarm System, Dishwasher, Dryer, Garbage Disposal, Microwave, Built-Ins, Water Line to Refrigerator, Washer, Vented Exhaust Fan, Refrigerator, Range/Oven
Cable TV

Heating & Cooling
A/C, Central Cooling
Central Heat, Forced Air Heating
Water Heater Features: Tankless

Multi-Unit Income
Actual Rent Total: $14,298
Actual Annual Gross Rent: $171,576
Actual Gross Annual Income: $171,576
Gross Income: 14298
Gross Operating Income: $13,869
Net Operating Income: $10,807

Multi-Unit Expenses
Total Annual Expense: $3,061

Multi-Unit Other Financial Information
Rent Control: 100
Cap Rate: 4.22
Gross Rent Multiplier: 18.62
Vacancy Allow %: 3
Scheduled Actual: Actual

Multi-Unit Information
Owner Pays: Gardener, Water, Other
Tenant Pays: Electric, Gas, Trash
Unit Type Type: 1, 2
Type Of Units: Luxury
# of Units Leased: 2
# of Buildings: 1
# of Disposals: 2
# of Gas Meters: 2
# of Dishwashers: 2
# of Patios: 2
# of Electric Meters: 2
# of Refrigerators: 2
# of Ranges: 2
# of Drapes: 2
Has Water Heaters: True
Laundry Equipment: Own

Unit 1 Information
# of Beds: 2
# of Baths: 2.50
Rent: $7,500
Projected Rent: $7,500
Actual Rent: $7,500
# of Units: 1

Unit 2 Information
# of Beds: 2
# of Baths: 2.50
Rent: $6,798
Projected Rent: $7,500
Actual Rent: $6,798
# of Units: 1

Exterior

Building Information
Total Floors: 2
Two Level
Faces East
Foundation - Concrete Slab
Exterior Construction: Cement Board, Combination, Stone

Exterior Features
Roof: Composition, Shingle
Patio Features: Covered, Balcony, Tile, Covered Porch
Other Structural Features: Balcony, Custom Built, High Ceilings (9 Feet+), Rain Gutters

Property Information
Land Lease Type: Fee
Property Type: Residential Income
Property Condition: Updated/Remodeled

Land Information
Other Structures: None

Lot Information
Lot Size (Sq. Ft.): 4,235
Lot Size (Acres): 0.0972
Lot Size Dimensions: 42 x 102
Zoning: LARD2
Lot Location: Alley Access
Lot Description: Automatic Gate, Front Yard, Fenced, Landscaped, Lot Shape-Rectangular, Exterior Security Lights

Property Features
Has View
View: Tree Top
Alley: True

Financial

Assessment Information
Assessed Total Value: $902,958
Assessed Land Value: $293,785
Assessed Land %: 32.54
Assessed Improvement Value: $609,173
Assessed Improvement %: 67.46
Assessor Parcel Number: 4240-003-025

Tax Information
Private Transfer Taxes: False
Tax Rate Year: 2022

Lease Information
Tenant Pays: Electric, Gas, Trash

Utilities

Utility Information
Sewer: In Street
Water: Meter on Property, Public

Location

Community Information
# of Units in Complex (Total): 2
Athletic Court: None

School Information
School District: Los Angeles Unified

Location Information
Directions: West of Lincoln Blvd, just north of Rose Ave and south of Ozone Park. 7 blocks east of the beach.

Public facts

Beds: 4
Baths: 6.0
Sq. Ft.: 3,168
Stories: —
Lot Size: 4,235 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1926
Year Renovated: 1982
County: Los Angeles County
APN: 4240003025

Home facts updated by county records on Sep 21, 2026

Other

Documents & Disclosures
Disclosures: As Is, Coastal Zone, Coastal Commission Restrictions, Flood Zone, Rent Control, Listing Broker Advantage

Listing Information
Possession: Tenant Rights

Around this home

Schools

Broadway Elementary School

Public K-5 • Assigned • 0.7mi

9/10

Mark Twain Middle School and World Languages Magnet

Public 6-8 • Assigned • 1.6mi

8/10

Venice Senior High School

Public 9-12 • Assigned • 1.6mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Local insights from Redfin agents

The LA market is rewarding realistic pricing and good strategy. Buyers have more choices and are taking their time, while sellers who price correctly are still getting results. The days of simply “testing the market” are behind us—in this market,...
3 weeks ago • Los Angeles
Peter Santos
Redfin Premier agent
85 deals
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Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 83° expected this year, 20 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

4/10 Air Factor

5 unhealthy days expected this year, 6 days in 30 years

Provided by First Street

Historical weather

Venice, CA • 90291

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.5 hours in June and 6.6 hours in December, placing it above the U.S. average for solar exposure.

9.5 hrs

6.6 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$2.89M – $3.50M

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Home values near 227 Ruth Ave

Data from public records.

Address	Redfin Estimate
244 Ruth Ave, Venice, CA 3 Beds \| 3 Baths \| 1254 Sq. Ft.	$1,366,536
234 Ruth Ave, Venice, CA 2 Beds \| 2 Baths \| 1319 Sq. Ft.	$1,755,325

Address	Redfin Estimate
242 Ruth Ave, Venice, CA 2 Beds \| 1 Baths \| 884 Sq. Ft.	$1,276,572
230 Ruth Ave, Venice, CA 2 Beds \| 2 Baths \| 1312 Sq. Ft.	$1,955,351

Address	Redfin Estimate
238 Ruth Ave, Venice, CA 3 Beds \| 1 Baths \| 1168 Sq. Ft.	$1,569,473
226 Ruth Ave, Venice, CA 2 Beds \| 1 Baths \| 1130 Sq. Ft.	$1,934,544

Property information provided by TheMLS when last listed in 2023. This data may not match . Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in North of Rose, CA

Sale history for 227 Ruth Ave

Tax history for 227 Ruth Ave

Public record

Property details

Around this home

Schools

Lifestyle

Local insights from Redfin agents

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 90291

Home values near 227 Ruth Ave

More real estate resources