$1,995,000
Charming 6 - unit investment property in the heart of Venice on a "Walk-Street", just steps to the sand. The property features 2 -Singles, 2 Junior 1 bd + 1ba with a sun porch, 1 - 1bd+1ba and 1 - 2bd+1ba units. Long term owner (over 50 years) with below market rents. The building has copper plumbing. Two of the units (units 2 & 4) have been completely remodeled. Two other units (units 3 & 5) have been partially remodeled including hardwood floors. Master metered for electricity. The electrical panel has been replaced. Individually metered for gas. However, the seller pays the gas for the tenants. There are 4 parking spots. The owner collects $150/mo. for parking from units 1, 3 and 6. The building was earthquake retrofitted in 1994. You can't beat the location, close to the Venice Boardwalk, Santa Monica Pier and Muscle Beach.
Listed by Michael A Salerno with Michael Anthony Salerno (310) 200-1309
Property Type
Residential Income
Status
Active
MLS Number
26870353
Year Built
1904
Lot Size
2,648 sq ft
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