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
GARAGE None
HEAT Wall Furnace
LOT 3049 sq ft
PARKING None
POOL DESCRIPTION None
SEWER Other
STYLE Bungalow
VIEW DESCRIPTION None
ZONING LARD1.5

Location

 

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

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Based on information from California Regional Multiple Listing Service, Inc. as of 6/19/21 6:18 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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