Property listed by Christie's International Real Estate SoCal, Donald Heller 310-893-6223
$2,800,000
Presenting a trophy three-unit multifamily offering located on a highly coveted Venice walk street, just half a block from the sand. Fully leased and ideally positioned, this property provides immediate income with significant development and repositioning potential in one of Los Angeles' most dynamic coastal markets. The unit mix includes… Read More a spacious three-bedroom, two-bath unit, a one-bedroom, one-bath unit, and a three-bedroom, three-bath unit. This diversified layout appeals to a wide range of tenants, supporting consistent rental demand in a submarket defined by its limited supply and enduring desirability. The property's location is unmatched, steps from the Venice Beach Paddle Tennis Courts, Muscle Beach, and surrounded by some of the area's most popular dining destinations, including Ospi, Kassi Rooftop, Si! Mon, Great White, Ggiata, and Bells Beach House. Residents enjoy easy walkability to the Venice Boardwalk, Abbot Kinney, Rose Avenue, and major employment hubs across Silicon Beach.This is a compelling opportunity to acquire a walk street triplex with both immediate yield and long-term growth prospects. Showings are available only with an accepted LOI or offer. Please do not disturb tenants. Read Less
Listing Snapshot
Days Online
79
Last Updated
Beds
7
Square Ft.
3,216
Lot Size
0.06 Acres
Year Built
1966
MLS Number
25593477
Additional Details
Appliances & Equipment
Dishwasher, Disposal, Refrigerator
Building
Built in 1966, Living area: 3216.0, 1 building, Building faces South, 2 stories, Levels: Two
Community
Gated
Cooling
CentralAir
Disclosures
CoastalCommissionRestrictions
Fireplaces
Bath, GreatRoom, Kitchen, Outside
Heating
Central
Income
Gross Income: $16,549, Net Operating Income: $143,002
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.
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