444 S Venice

    Venice, CA 90291
    • $6,195,000
    • STATUS: Active
    • ON SITE: 85 days
    • ID#: 20541774
    UPDATED: 18 min ago
    $6,195,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1962
    County:
    Area:

    School Ratings & Info

    Description

    An incredible opportunity for two contiguous lots in a prime Venice Beach location. 440 and 444 S. Venice Blvd are being sold together - the two buildings house 8 units, a great mix of studios and 1 & 2 bedroom apartments, and will be delivered fully vacant. Beautifully remodeled and impeccably maintained, the tremendous pride of ownership shines through. Charming community patios, a Walk Score of 91 PLUS parking for at least 8 cars - there is tremendous upside potential. A perfect addition to any investor's portfolio or a prime re-development opportunity in the heart of Venice, located adjacent to the Canals, and only 3 blocks from both Abbot Kinney and the beach.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-04T17:31:31.33. 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/102181366

    444 S Venice Venice, CA 90291

    • Price: $6,195,000
    • Status: Active
    • Updated: 18 min ago
    • ID#: 20541774
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    1962
    Built
    Neighborhood:
    C11 - Venice
    County:
    Los Angeles
    Area:
    C11 - Venice
    Property Description
    An incredible opportunity for two contiguous lots in a prime Venice Beach location. 440 and 444 S. Venice Blvd are being sold together - the two buildings house 8 units, a great mix of studios and 1 & 2 bedroom apartments, and will be delivered fully vacant. Beautifully remodeled and impeccably maintained, the tremendous pride of ownership shines through. Charming community patios, a Walk Score of 91 PLUS parking for at least 8 cars - there is tremendous upside potential. A perfect addition to any investor's portfolio or a prime re-development opportunity in the heart of Venice, located adjacent to the Canals, and only 3 blocks from both Abbot Kinney and the beach.
    Exterior Features

    Lot Size Units Square Feet Parking Features Uncovered Parking YN Yes

    Interior Features

    Appliances Refrigerator Appliances YN Yes

    Property Features

    Gross Income 286800.00 Gross Multiplier 21.60 Gross Operating Income 286800.00 Insurance Expense 5820.00 Net Operating Income 219490.00 Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 100.00 Zoning Lar3

    Listing provided courtesy of Tiffany Rochelle of Compass and Tracey Becker of Compass


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-04T17:31:31.33. 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