$1,300,000
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3 Beds
2 Baths
1,340 SqFt
SOLD DATE : 05/05/2023
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,340 sqft
Price per Sqft $932
MLS Listing ID 22-207091
Sold Date 05/05/23
Bedrooms 3
Year Built 1950
Lot Size 4,378 Sqft
Acres 0.1005
Property Sub-Type Multi-Family
Property Description
Back On the Market. This property is being sold 100% As-Is, Tenants In Place. This Classic Venice Beach Bungalow situated between Abbot Kinney and Lincoln BLVD Won't Last Long. On one of the most iconic and widest streets of Venice with regal Washingtonia palm trees, this Location is hard to beat. Quiet, yet close to it all!!! The property is perched behind an oasis front yard featuring plentiful Guava, Banana, Grapefruit, and Plumeria trees and just moments away from Abbot Kinney. The large lot boasts an undeniable charm and character unique to only Venice. The front unit is a bright and spacious 2-bedroom, 1-bath unit, while the back unit is a cozy 1-bedroom, 1-bath. Each unit offers hardwood floors and abundant natural light. The spacious front and back yards offer ample entertainment and outdoor living space, not to mention additional parking in the alley behind. This duplex is perfect for an owner/user, or as an investment. Live in one unit and rent the other or make use of the huge yard. The large lot also contains an unpermitted converted garage, which has an unfinished bathroom and kitchen. This property offers tremendous potential for development with an ADU or using the LAR2 zoning for larger development. Each unit is currently rented on month to month leases for a total gross rent amount of $4200 per month. 48-HOUR Advance notice required to tour. Disclosures, Home Inspection, Termite Report, etc. available Upon Request.
Location
State CA
County Los Angeles
Area Venice
Zoning LAR2
Rooms
Other Rooms None
Interior
Heating Wall Gas
Cooling None
Equipment Ceiling Fan, Dryer, Washer
Exterior
Parking Features Converted Garage
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 Del Rey Urban Brokerage
