2008 Strongs Drive

    Venice, CA 90291
    • $4,200,000
    • STATUS: Active Under Contract
    • ON SITE: 72 days
    • ID#: 20546498
    Under Contract
    UPDATED: 38 min ago
    $4,200,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1922
    County:
    Area:

    School Ratings & Info

    Description

    2008-2012 Strongs Dr. is a Venice charmer located directly in the heart of Silicon Beach. The property sits less than a block away from the Venice Grand Canals, is a 5-minute stroll to the famed Venice Beach Boardwalk, a three block walk to the pristine oceanfront, and a quick bike ride to the celebrated Santa Monica Pier! With its impeccable location, this highly sought-after property offers a duplex, a 4plex, and a house, with each beautiful unit containing 1Bed+1Bath. The property was built in 1922, provides excellent natural light, and showcases a tasteful modern mural along the side of the house. The seller will provide preliminary renderings to more than double the square footage of the property, designed by famed Venice Beach architect, Matthew Royce. Regarded as one of the highest demand rental markets in the country, this prime asset is well positioned to be a terrific source of cash-flow and accelerated appreciation.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-04T16:30:10.537. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.

    www.northsdrealty.com/homes/102506190

    2008 Strongs Drive Venice, CA 90291

    • Price: $4,200,000
    • Status: Active Under Contract
    • Updated: 38 min ago
    • ID#: 20546498
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    1922
    Built
    Neighborhood:
    C11 - Venice
    County:
    Los Angeles
    Area:
    C11 - Venice
    Property Description
    2008-2012 Strongs Dr. is a Venice charmer located directly in the heart of Silicon Beach. The property sits less than a block away from the Venice Grand Canals, is a 5-minute stroll to the famed Venice Beach Boardwalk, a three block walk to the pristine oceanfront, and a quick bike ride to the celebrated Santa Monica Pier! With its impeccable location, this highly sought-after property offers a duplex, a 4plex, and a house, with each beautiful unit containing 1Bed+1Bath. The property was built in 1922, provides excellent natural light, and showcases a tasteful modern mural along the side of the house. The seller will provide preliminary renderings to more than double the square footage of the property, designed by famed Venice Beach architect, Matthew Royce. Regarded as one of the highest demand rental markets in the country, this prime asset is well positioned to be a terrific source of cash-flow and accelerated appreciation.
    Exterior Features

    Lot Size Source Other Lot Size Units Square Feet

    Property Features

    Gross Income 257400.00 Gross Multiplier 16.32 Gross Operating Income 199044.00 Net Operating Income 195801.00 Senior Community YN No Special Listing Conditions Standard Zoning Lard1.5 & Lar3

    Listing provided courtesy of Elijah Korobkin of Central Realty Advisors Inc


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-04T16:30:10.537. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.

     
    The Houston Team | Compass CA DRE#01991628
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    Carlsbad CA, 92009