$2,695,000
4 unit Venice Beach Trophy property on a highly desirable, quiet walk street. Located just 100 yards from the nicest stretch of Venice Beach, this exceptional property represents a true opportunity in one of Southern California's most coveted coastal neighborhoods. Opportunities like this combining location, unit conditions, and income stability, with room for price appreciation, are exceedingly desirable. The property has been very well maintained with a desirable unit mix of two (2) spacious 2-bedroom units and two (2) studio units. There is also a spacious front patio common area for relaxing, sunbathing & entertaining. Each residence is equipped with its own in-unit washer and dryer, the 2-bedroom units each include two dedicated parking spaces, an invaluable amenity this close to the beach. All units are individually metered for gas and electricity, keeping operating expenses efficient and straightforward. The building falls under rent control, but all units are currently leased at healthy market rents, providing immediate, stable income with long-term upside. Just steps from the sand, dining, shopping, and the best of Venice living, yet tucked away on a peaceful walk street, this property offers the perfect balance of lifestyle, scarcity, and investment quality. Ideal for discerning investors seeking a low-maintenance, blue-chip coastal holding with enduring value.
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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