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Property Type:Residential Income (Multi-Family)
Lot Size:0.06 Acres
Bungalow style - Duplex investment opportunity located in the heart of Venice Beach, directly across the street from the world famous Venice canals. An opportunity for an investor to add-value and push for market rents. Venice Beach continues to see strong rent growth and high demand. Motivated Seller. Property to be sold as-is.
$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.
Address:2316 Ocean Avenue Venice, CA 90291
Total Units: 2
Unit 1: 1 Bed•1 Bath•Unfurnished•$2,500 actual rent•$2,500 total rent
Unit 6: 1 Bed•1 Bath•Unfurnished•$1,900 actual rent•$1,900 total rent
Features / Amenities
Cooling Type: Wall/Window Unit(s)
Lot Size: 0.06 Acres / 2705 Sq. Ft.
Directions:Located just South of intersection of Ocean Ave. & Venice Blvd.
Tax and Financial Info
Gross Annual Income: 52800.00
Gross Operating Income: 51216.00
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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 4, 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.