This property is located along Venice Blvd and features 5 units including a large 2 bedroom/1 bath owners unit with private patio. All units have been renovated with new two tone paint, dual pane windows, vinyl flooring, stainless steel appliances, ceiling fans, window treatments, vanities, toilets, fixtures, tubs, garage door openers etc. Several units include patio's or balconies. Added value with below market rents make this investment very attractive. Increase revenue by leasing out the garage spaces and increasing the rents. Also, there is an on-site laundry room for tenants to use. This property has an ideal location in the heart of Silicon Beach’s “Tech Hub” with close proximity to major employers (Snap Inc., Google, System1, Headspace, and more. Less than a mile away from the famous Venice Beach & Boardwalk and in close proximity to other well-known surrounding amenities and locations, including Muscle Beach, Venice Skatepark, Venice Canals Historic District, Abbot Kinney Boulevard, and Santa Monica Pier. The submarket median home values are expected to increase by approximately 12% in the next 5 years. Adjacent to Culver City, Marina Del Rey, and Santa Monica. Easy access to public transportation and near the 10 and 405 Freeways. This property is only 7 miles away from Los Angeles Airport (LAX) and 2.5 miles away from Santa Monica Airport. In addition, the subject property is 4.5 miles away from West Los Angeles College (WLAC) and 8 miles away from UCLA.
2,947 Sq Ft
5,858 Sq Ft Lot Size
investment
Built in 1950
MLS/Listing ID CV25215931
1 Stories
5 Units
Lot - Near Public Transit
Lot - Lawn
Lot - Front Yard
Lot - Drip Irrigation Bubblers
Lot - Corner Lot
Lot - Backyard
Parking - On Street
Parking - Garage Faces Rear
Parking - Garage
Parking - Driveway Level
Parking - Door Single
Parking - Covered
Parking - Concrete
Parking - Assigned
Parking - Asphalt
Neighborhood View
Screens
Blinds
Composition
Flat
Tar and Gravel Roof
Sewer
Public Sewer
Public Water
Community - Gutters
Community - Curbs
Construction - Stucco
Construction - Frame
Construction - Concrete
Cooling - Ceiling Fans
Wrought-iron
Wood
Stucco Wall
Privacy
Excellent Condition
Vinyl
Tile
Slab
Heating - Wall Furnace
Recessed Lighting
Laundry Room
Gas Dryer Hookup
Electric Dryer Hookup
Lot - Walkstreet
Community - Sidewalks
Style - Traditional
Disposal
Free-standing Range
Freezer
Gas Cooktop
Gas Range
Refrigerator
Water Heater
Lot - Rectangular Lot
Lot - Street Level
TOTAL MONTHLY COST
$0
$0
$0