$1,900,000
$2,195,000
13.4%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
5 Baths
2,672 SqFt
SOLD DATE : 11/01/2023
Key Details
Sold Price $1,900,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,672 sqft
Price per Sqft $711
MLS Listing ID 23278729
Sold Date 11/01/23
Bedrooms 4
HOA Y/N No
Year Built 1948
Lot Size 3,750 Sqft
Acres 0.0861
Property Description
Once in a lifetime opportunity to acquire 5-unit on a quiet walk street just steps to the famed Venice Beach Boardwalk, and a short walk to Abbot Kinney, Main Street and Rose Ave. Property consists of (1) 2+1, (2) 1+1, and (2) 0+1 units, and is fully occupied. Drive-by only, interior viewings with accepted offer only. Market CAP of 5.16, and a low $439,000/unit price! Where else can you acquire units for less right next to the beach? Tremendous upside and long-term potential.
Location
State CA
County Los Angeles
Area C11 - Venice
Zoning LARD1.5
Interior
Heating Baseboard
Cooling None
Fireplace No
Appliance Disposal
Exterior
Garage None
Parking Type None
Building
Story 1
New Construction No
Others
Senior Community No
Tax ID 4286021013
Special Listing Condition Standard
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Bought with Daniel Sloan • Daniel Sloan
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "