$1,550,000
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5 Beds
4 Baths
2,036 SqFt
SOLD DATE : 02/03/2021
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,036 sqft
Price per Sqft $638
MLS Listing ID 20-646502
Sold Date 02/03/21
Bedrooms 5
Year Built 1947
Lot Size 3,800 Sqft
Acres 0.0872
Property Sub-Type Multi-Family
Property Description
After filtering through those deals that have no Growth opportunity, no meat on the bone, and absolutely make NO SENSE - Here it is! A chance to invest in a Prime area with tons of rental upside. During this pandemic there is a flight to Quality and this location will remain resilient under challenging circumstances - as evidenced by ALL TENANTS having paid through COVID-19. Location, location, location + upside, upside, upside.. Well maintained bread and butter asset with plenty of value to capture. ADU option is realizable adding an additional income stream. There are separate private garage structures located in the rear of the property. These units sit on a lot zoned C-2 and are within minutes to some of silicon beaches hottest spots; walk score of 92. The confluence of low expenses, low price per unit, & low interest rates, make this investment a safe, opportunistic and well positioned winner to act on now. This deal will not last. Priced to sell... Contact me for more info
Location
State CA
County Los Angeles
Area Venice
Zoning LAC2
Rooms
Other Rooms Other
Kitchen Tile Counters
Interior
Heating Wall
Cooling None
Flooring Mixed
Fireplaces Type None
Equipment Built-Ins, Garbage Disposal
Laundry None
Exterior
Parking Features Driveway - Combination, Garage
Garage Spaces 3.0
Pool None
Building
Lot Description 2-4 Lots
Story 2
Others
Special Listing Condition Standard
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with Lee & Associates Commercial Real Estate
