602 Venezia Avenue

Venice, CA 90291 View Map $2,100,000 Schedule a Tour
Acres0.12
Year1924
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Status: Active
Property Type:Residential Income (Multi-Family)
MLS #:20563316
Lot Size:0.12 Acres
County:Los Angeles
Triplex investment opportunity located within walking distance of Abbot Kinney Blvd and heart of Venice Beach. Delivered with one unit vacant, a value-add opportunity with large upside in current rents. Land is zoned LAR3, and may provide an opportunity for an investor/developer to add more density now or in the future. Motivated seller. Property sold in as-is condition.

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$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.

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Community Information

Address:602 Venezia Avenue Venice, CA 90291
City:Venice
Zip Code:90291

Architecture

Year Built:1924
Total Units: 3
Unit 1: 1 Bed•1 Bath•Unfurnished•$2,000 actual rent•$2,000 total rent
Unit 6: 1 Bath•Unfurnished•$2,100 actual rent•$2,100 total rent
Unit 7: 1 Bed•1 Bath•Unfurnished•$1,700 actual rent•$1,700 total rent
Parking: Detached Carport
Garage Spaces: 2

Features / Amenities

Parking Total: 2
Cooling Type: Wall/Window Unit(s)

Property Features

Lot Size: 0.12 Acres / 5312 Sq. Ft.
Zoning:LAR3
Directions:Located on South-West corner of Venezia Avenue & Zeno Place, in Venice, CA

Tax and Financial Info

Gross Annual Income: 67512.00
Gross Operating Income: 69600.00

Schools

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602 Venezia Avenue Venice, CA 90291
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602 Venezia Avenue Venice, CA 90291
 
ASAP
Wed
8
Apr
Thu
9
Apr
Fri
10
Apr
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Apr
Sun
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Apr
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Apr
Tue
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Apr
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Listing provided courtesy of Alexander Frapech, Cb Richard Ellis, Inc..
Based on information from California Regional Multiple Listing Service, Inc. as of April 7, 2020. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. IDX provided by Sierra Interactive.