239 3RD Avenue

    Venice, CA 90291
    • $2,495,000
    • STATUS: Active
    • ON SITE: 18 days
    • ID#: 20565270
    UPDATED: 202 min ago
    $2,495,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1953
    County:
    Area:

    School Ratings & Info

    Description

    Prime Venice Silicon Beach fourplex for sale 1/2 block from Rose Ave and few blocks to Main Street and the Beach. 4 units consisting of (2) 2bed/1ba units and (1) 1bed/1ba. There is one vacant 2bed/1ba that can be delivered with tenants if preferred. Highly coveted location just blocks from world-class eateries, shopping, Whole Foods market, Main Street, Venice Boardwalk and the beach. Four detached single-car garages. Tremendous upside and options for value-add and/or re-development opportunities. 4.19% CAP Rate proforma with minimal updating.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-07T00:27:25.58. 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/104294834

    239 3RD Avenue Venice, CA 90291

    • Price: $2,495,000
    • Status: Active
    • Updated: 202 min ago
    • ID#: 20565270
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    1953
    Built
    Neighborhood:
    C11 - Venice
    County:
    Los Angeles
    Area:
    C11 - Venice
    Property Description
    Prime Venice Silicon Beach fourplex for sale 1/2 block from Rose Ave and few blocks to Main Street and the Beach. 4 units consisting of (2) 2bed/1ba units and (1) 1bed/1ba. There is one vacant 2bed/1ba that can be delivered with tenants if preferred. Highly coveted location just blocks from world-class eateries, shopping, Whole Foods market, Main Street, Venice Boardwalk and the beach. Four detached single-car garages. Tremendous upside and options for value-add and/or re-development opportunities. 4.19% CAP Rate proforma with minimal updating.
    Exterior Features

    Lot Size Units Square Feet Parking Features Garage Parking YN Yes

    Interior Features

    Appliances DisposalRefrigerator Appliances YN Yes Cooling None Cooling YN No

    Property Features

    Gross Income 99983.00 Gross Multiplier 24.95 Gross Operating Income 99983.00 Net Operating Income 56970.00 Senior Community YN No Special Listing Conditions Standard Zoning Lard1.5

    Listing provided courtesy of Joshua L Barre of Westside Property Management Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-07T00:27:25.58. 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
    2100 Costa Del Mar
    Carlsbad CA, 92009