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$5,600,000
Est. payment /mo
11 Beds
9 Baths
5,398 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,398 sqft
Price per Sqft $1,037
MLS Listing ID 25532177
Bedrooms 11
HOA Y/N No
Year Built 1925
Lot Size 5,279 Sqft
Property Description
Trophy Venice Beach Property with Income + Future Upside. Offered at a 4.85% Cap Rate on In-Place Income. Located just one block from the beach and the Venice boardwalk on a rare double lot, this 4-unit trophy asset in Venice Beach offers investors a unique blend of stable cash flow and long-term upside. The property features a renovated 3-unit apartment building alongside a beautifully updated 2-story townhome originally built in 1925 and thoughtfully modernized. 2 garages + exterior parking for a total 8 spaces. With strong current income and the potential for future growth, this is a rare chance to own a premier piece of Venice Beach real estate
Location
State CA
County Los Angeles
Area C11 - Venice
Zoning LARD1.5
Interior
Fireplace No
Exterior
Parking Features Garage
Garage Spaces 6.0
Garage Description 6.0
View Y/N Yes
View Ocean
Total Parking Spaces 8
Building
Entry Level Three Or More,Multi/Split
Level or Stories Three Or More, Multi/Split
New Construction No
Others
Senior Community No
Tax ID 4226021026
Special Listing Condition Standard
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Listed by Eli Mashiach • MGB Realty Group
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