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Listed by Eric Eide • RE/MAX MASTERS REALTY
$2,695,000
Est. payment /mo
2,947 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 2,947 sqft
Price per Sqft $914
MLS Listing ID CRCV25215931
HOA Y/N No
Year Built 1950
Lot Size 5,858 Sqft
Property Sub-Type Other
Source Datashare California Regional
Property Description
This property is located along Venice Blvd and features 5 units including a large 2 bedroom/1 bath owners unit with private patio. All units have been renovated with new two tone paint, dual pane windows, vinyl flooring, stainless steel appliances, ceiling fans, window treatments, vanities, toilets, fixtures, tubs, garage door openers etc. Several units include patio's or balconies. Added value with below market rents make this investment very attractive. Increase revenue by leasing out the garage spaces and increasing the rents. Also, there is an on-site laundry room for tenants to use. This property has an ideal location in the heart of Silicon Beach's “Tech Hub†with close proximity to major employers (Snap Inc., Google, System1, Headspace, and more. Less than a mile away from the famous Venice Beach & Boardwalk and in close proximity to other well-known surrounding amenities and locations, including Muscle Beach, Venice Skatepark, Venice Canals Historic District, Abbot Kinney Boulevard, and Santa Monica Pier. The submarket median home values are expected to increase by approximately 12% in the next 5 years. Adjacent to Culver City, Marina Del Rey, and Santa Monica. Easy access to public transportation and near the 10 and 405 Freeways. This property is only 7 miles away fr
Location
State CA
County Los Angeles
Interior
Heating Wall Furnace
Cooling None
Flooring Tile, Vinyl
Fireplace No
Laundry Laundry Room, Other, See Remarks
Exterior
View Other
Handicap Access See Remarks
Building
Lot Description Corner Lot, Level, Other, Back Yard, Front Yard
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Deeana Owens
Broker | Owner | CA BRE#CA: 02015510, GA: 295613
Broker | Owner CA BRE#CA: 02015510, GA: 295613




