Property listed by Lyon Stahl Investment Real Estate, Inc., Jake Glaser 310-425-9838
$2,700,000
PORTFOLIO SALE: 11 19TH AVE (3 UNITS), 20 19th AVE (4 UNITS) & 11 20th AVE (3 UNITS) PROPERTIES CAN BE SOLD TOGETHER OR SEPARATELY... 11 19th Ave in Venice, a fantastic luxury triplex investment opportunity right in the heart of Venice on a charming Walk Street, just steps away… Read More from the beach. Built in 1971, this fully renovated 2,724 square foot building is the perfect owner-user property, featuring a spacious 2-bedroom plus lofted bedroom / 2-bathroom unit with large bright spaces, ocean views and a large private balcony. This fully renovated unit has in-unit washer/dryer and features fireplaces in both the living room & the loft. There is also a large 1-bedroom plus lofted bedroom / 2-bathroom unit spanning three levels with sweeping ocean & coastal views from the loft area and a large rooftop sundeck. This unit also features fireplaces in the living room and lofted bedroom. The final unit is a first-floor studio with a fireplace and a privatized area of the patio (no kitchen).Over the past four years, the property has seen significant capital improvements, including a newly built redwood roof deck, new hardwood, floors, central A/C in the downstairs rear unit, new garage doors & motor, and countless interior upgrades like repainting, new cabinets and appliances. In addition to the sizable units, the property features a shared front patio along 19th Ave with a barbecue & furniture for entertaining. The property also features five, gated tuck-under parking spaces at the back of the building (3 stalls total, 2 are tandem). Additionally, there is a community laundry room by the parking area. While the property is currently fully occupied with very strong rents, it's the perfect opportunity for a buyer looking to live steps from Venice Beach and collect income from the other two units. Read Less
Listing Snapshot
Days Online
92
Last Updated
Property Type
Other
Beds
4
Square Ft.
2,724
Lot Size
0.06 Acres
Year Built
1971
MLS Number
25539061
30 Days Snapshot Of 90291
$2.47M
-3%
(avg) sold price
16
-30%
homes sold
86
+28%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Dishwasher, Dryer, Washer
Building
Built in 1971, Building area total: 2,724, Levels: ThreeOrMore, Living area: 2724, 1 building, Architectural style: , Attached, Common walls: OneCommonWall
Cooling
CentralAir
Heating
WallFurnace
Income
Gross income: $177,156, Net operating income: $120,707
Laundry
CommonArea
Lot
0.0606 acres, 2,640 square feet, Size: 2,640
Parking
5 totals parking, Covered
Property
Zoning: LAR3, FrontPorch, Rooftop
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Confirm your time
Fill in your details and we will contact you to confirm a time.
