Rare opportunity to acquire a side-by-side pair of Venice duplexes - 2008 and 2010 Canal Street - each offered at $1,595,000 and configured as two units plus a permitted ADU. Built in 1979–1980 and zoned RD2-1-O, these neighboring properties sit steps from the iconic Venice Canals, with walkable access to… Read More all Venice has to offer. ADU permits and plans are already issued, providing meaningful upside for the value-add investor or owner-operator. Comparable sales in the immediate area support strong per-unit valuations in one of LA's most supply-constrained coastal submarkets.
Available individually or as a combined portfolio - contact us for the full Offering Memorandum. Read Less
Property listed by ADR/Preferred Bus.Prop, Justin Seigel 310-259-7556
Listing Snapshot
Days Online
6
Last Updated
Property Type
Apartment
Lot Size
0.07 Acres
Year Built
1980
MLS Number
SR26126383
Additional Details
Building
Built in 1980, 1 building, 2 stories, Levels: Two, Entry level: 1, Entry location: Side
Community
Sidewalks
Expenses
Operating: $28,890
Garage
2 spaces
Income
Gross Income: $98,664, Gross ScheduledIncome: $95,704, Net Operating Income: $66,814
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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