3 UNITS DELIVERED VACANT. Venice Beach fourplex with significant upside and rare owner-user potential. The front house and two additional units will be delivered vacant, along with a vacant garage, offering flexibility to owner-occupy the front residence or reposition the property as a prime income asset. The property also offers… Read More future potential to add ADUs. Ideally located just steps from Abbott Kinney, with walkable access to some of Venice's best shops, restaurants, and amenities.Situated on a large 3,200 SF corner lot, the property benefits from strong curb appeal and exceptional rental demand. Only one unit will remain occupied at close of escrow, allowing for renovations and lease-up at current market rents. Directly across the street, a $95M new mixed-use luxury development is underway, bringing additional retail, hotel, and residential uses and further elevating the neighborhood. A rare opportunity to acquire a prime Venice asset with immediate vacancy and upside. Read Less
Property listed by Keller Williams Beverly Hills, Navid Toomarian 310-259-7556
Listing Snapshot
Days Online
20
Last Updated
Beds
4
Square Ft.
2,042
Lot Size
0.07 Acres
Year Built
1947
MLS Number
26655501
Additional Details
Building
Built in 1947, Living area: 2042.0, 2 buildings, Levels: Two
Heating
Combination
Income
Gross Income: $157,800, Net Operating Income: $120,960
Lot
0.0729 acres
Parking
DoorSingle, Driveway, Garage
Taxes
Parcel Number: 4286014037, Zoning: LARD1.5
Tenant Pays
Electricity, Gas
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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