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123 Park Place, Venice, CA 90291 (MLS # 23267293)

Price $1,950,000
Status Conditional
Beds 2
Baths 4 Baths
Home size 2,008 sqft
Lot Size 2,253 sqft
Days on Market 359
Welcome to the walk Streets of Venice, one block from the Beach at the end of Abbot Kinney/Brooks and just south of Main street.The location is outstanding. Enter through the white picket fence into a shared sun trap of a garden, to be enjoyed by all. This is a four unit building, fully occupied. On the ground floor is unit 1, a 1 bedroom, 1 bathroom unit, and on the 2nd floor are three units, 2 studios and another 1 bedroom, 1 bathroom unit. The units on the upper floor have all been updated. The one bedroom unit upstairs has an exposed wood ceiling, stainless steel appliances, wood floors, cool light fixtures, wood blinds, a little desk area and a light and airy bathroom. There is also a communal laundry, and a carport that fits 6 cars tandem. There are 4 storage bins for the tenants use. Good steady income, low expenses. Expenses include projected property taxes for new owner. An all round great investment. Will need 72 hours notice to show Monday - Saturday.
Property Type(s): Residential Income
Last Updated 4/22/2024 Year Built 1965
Community Venice County Los Angeles

Additional Details

AIR None
APPLIANCES Dishwasher, Refrigerator
AREA Venice
BUYER'S BROKERAGE COMPENSATION 2.500 %
GARAGE Carport
HEAT Wall Furnace
INTERIOR Ceiling Fan(s)
LOT 2250 sq ft
PARKING Carport
STORIES 2
ZONING LARD1.5

Location

 

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Listed with Douglas Elliman

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