Price $1,925,000
Status Active
Beds 0
Baths 0 Bath
Home size n/a
Lot Size 3,050 sqft
Days on Market 41
This 3-unit investment opportunity delivers annual income $120,600 and CAP rate of 5.6 on the always-in-demand beach lifestyle! Tenants are drawn in by ocean breezes, sunny skies, and a location thats just blocks from the Venice Boardwalk, canals, and shops & dining at Abbot Kinney & Main St. An exterior clad in bright Caribbean-inspired colors stands out as fun & playful, putting these charming bungalows on the map. Vintage details are found throughout each unit, with wood floors, solid shaker doors, classic hardware, built-in cabinets & cozy fireplaces. Practical upgrades such as recently updated bathrooms and laundry in each unit are tenant must-haves. Unit A features 2 beds/ 2 baths, deeply hued vaulted ceilings, a kitchen with SS counters, & rustic barn door in the master bedroom. Unit B offers 1 bed/1 bath, with windows bringing in flowing light. Vaulted ceilings & fireplace trimmed in wood are stand-out elements, and the kitchen looks out on a private deck. Unit C is 1 bed/ 1 bath, with a bar counter creating a great hang-out spot that connects the living room, kitchen & dining nook. A bonus mud room opens to a private outdoor space with gorgeous bougainvillea. The bathroom is a pass-through that connects to the bedroom and laundry. Contact us today for a list of recent upgrades, and detailed income information. Showings only with excepted offer
Property Type(s): Residential Income
Last Updated 5/27/2021 Year Built 1922
Community Venice County Los Angeles

Additional Details

APPLIANCES Disposal, Refrigerator
AREA Venice
HEAT Wall Furnace
LOT 3049 sq ft
STYLE Bungalow



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Listing provided by : H. Jasan Sherman CalDRE: 01333986, Rodeo Realty- Brentwood

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