$2,650,000
4 unit turnkey property on a highly desirable Venice beach walk street, just 100 yards from the sand - a true opportunity for both an investor or as an owner occupied situation. There is a nice mix of two (2) turnkey 2-bedroom units & two (2) studio units & also a massive front patio common area for relaxing, sunbathing & entertaining. Each residence is equipped with its own in-unit washer / dryer & they are individually metered for gas & electricity. The 2-bedroom units each include two dedicated parking spaces. All units are currently leased at healthy market rents, providing immediate, stable income with long-term upside. Just steps from the sand, near dining & shopping, yet tucked away on a peaceful walk street, this property offers the perfect balance of lifestyle, scarcity, & investment quality. Considering also upcoming events nearby including the Olympics & the ongoing filming of Baywatch down the street, makes this property ideal for a discerning investor seeking a low-maintenance, blue-chip coastal holding with enduring value & also a great opportunity to live in these units as well.
Listed by Robert Maschio with Compass (310) 437-7500
Property Type
Residential Income
Status
Active
MLS Number
26644109
Year Built
1965
Lot Size
2,640 sq ft
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521 Venice Way, Venice
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