Property listed by Horizon Real Estate Management Group, Victor Gonzalez 323-848-4948
$3,250,000
Location is everything. A rare opportunity to own a prime corner double lot on Rose Avenue, just a few blocks from Venice Beach. This unique property spans 7,444 sq ft across two combined parcels and features four individual 1-bedroom, 1-bathroom bungalows, totaling approximately 2,436 sq ft. There are two remodeled… Read More units which will be delivered vacant. One of the units has a split air-conditioning system and a washer and dryer. All of the units have washer and dryer hookups. The property also includes four detached garages, a valuable asset in this highly desirable coastal neighborhood. There is valuable ADU potential with the garage and the yard next to the garages. Zoned LAC4, this is a true developer's dream, offering exceptional potential to build a mixed-use development in one of Los Angeles' most sought-after locations. Did I mention that two remodeled units will be delivered vacant? This will provide immediate flexibility for an owner-user or investor. Enjoy unbeatable walkability with Whole Foods Market, popular restaurants, and vibrant Main Street just minutes away, along with the iconic Venice Beach lifestyle. Read Less
Listing Snapshot
Days Online
17
Last Updated
Beds
4
Square Ft.
2,436
Lot Size
0.17 Acres
Year Built
1939
MLS Number
26664387
Additional Details
Appliances & Equipment
Disposal, Refrigerator, Dryer, Washer
Building
Built in 1939, Living area: 2436.0, 4 buildings, Levels: One
Cooling
WallWindowUnits
Disclosures
CoastalCommissionRestrictions, CoastalZone
Garage
4 spaces
Heating
WallFurnace
Income
Gross Income: $163,200, Net Operating Income: $124,786
Interior Features
CeilingFans
Lot
0.1709 acres
Parking
4 total parking spaces
Taxes
Parcel Number: 4240002006, Zoning: LAC4
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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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