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602 Venezia Avenue

Venice, CA 90291
  • $1,995,000
  • STATUS: Active
  • ON SITE: 46 Days
  • ID#: 22141995
UPDATED: 38 min ago
$1,995,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1924
County:
Area:

School Ratings & Info

Listing Agent(s): Steve Sawai of Compass (310-395-7090)


Description

Incredible Investment Opportunity in Venice! Located just a few blocks from Venice Beach and buzzing Abbot Kinney shops and restaurants. This property has a compound feel with large, lush private outdoor spaces and tall secure fencing. The duplex contains a 1 bed + 1 bath and a studio + 1 bath. The 1 bedroom has tall vaulted ceilings with a loft area that sits perched above the living area. The second detached structure contains a 1 bed + 1 bath with separate access and large yard. Value add property located on a quiet back street. Property zoned LAR3, which provides the possibility of added density now or in the future. Property sold as-is. Motivated seller. All units are presently occupied. The garage is currently being rented out by a fourth tenant. Please do not disturb tenants.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-23T19:30:30.077. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
www.legacy15.com/homes/127431801
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602 Venezia Avenue Venice, CA 90291

  • Price: $1,995,000
  • Status: Active
  • On Site: 46 Days
  • Updated: 38 min ago
  • ID#: 22141995
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1924
Built
Neighborhood:
C11 - Venice
County:
Los Angeles
Area:
C11 - Venice
Property Description
Incredible Investment Opportunity in Venice! Located just a few blocks from Venice Beach and buzzing Abbot Kinney shops and restaurants. This property has a compound feel with large, lush private outdoor spaces and tall secure fencing. The duplex contains a 1 bed + 1 bath and a studio + 1 bath. The 1 bedroom has tall vaulted ceilings with a loft area that sits perched above the living area. The second detached structure contains a 1 bed + 1 bath with separate access and large yard. Value add property located on a quiet back street. Property zoned LAR3, which provides the possibility of added density now or in the future. Property sold as-is. Motivated seller. All units are presently occupied. The garage is currently being rented out by a fourth tenant. Please do not disturb tenants.
Exterior Features

Parking Features Driveway Parking Total 2

Interior Features

Appliances DishwasherMicrowaveRefrigeratorWasher Cooling Wall/Window Unit(S) Cooling YN Yes Flooring Wood

Property Features

Association Fee 0 Gross Income 67200 Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 66271 New Construction YN No Possession Close Of Escrow Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0 Zoning Lar3



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-23T19:30:30.077. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
 
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Legacy 15 Real Estate Brokers
22521 Avenida Empresa Suites 100 & 102
Rancho Santa Margarita CA, 92688
Listing Agent(s): Steve Sawai of Compass (310-395-7090)