Property listed by Compass, Robert Maschio 310-437-7500
$2,750,000
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,… Read More 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. Read Less
Built in 1965, Living area: 2642.0, 1 building, Building faces South, 2 stories, Levels: MultiSplit, Entry location: Ground Level - no steps, Construction Materials: Stucco
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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