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
Vinyl
Excellent Condition
Tile
Slab
Heating - Wall Furnace
Recessed Lighting
Laundry Room
Privacy
Stucco Wall
Wood
Wrought-iron
Cooling - Ceiling Fans
Gas Dryer Hookup
Electric Dryer Hookup
Lot - Walkstreet
Lot - Street Level
Lot - Rectangular Lot
Water Heater
Refrigerator
Gas Range
Gas Cooktop
Freezer
Construction - Concrete
Construction - Frame
Construction - Stucco
Community - Curbs
Lot - Front Yard
Lot - Lawn
Lot - Near Public Transit
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
Community - Sidewalks
Style - Traditional
Disposal
Free-standing Range
Flat
Tar and Gravel Roof
Community - Gutters
TOTAL MONTHLY COST
$0
$0
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