703 Machado Drive

    Venice, CA 90291
    • $2,895,000
    • STATUS: Active
    • ON SITE: 114 days
    • ID#: AR19281156
    UPDATED: 96 min ago
    $2,895,000
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,652
      SQFT
    • $1,092
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1946
    County:
    Area:

    School Ratings & Info

    Description

    Extremely rare property on an R-3 lot in the highly desirable Rose Ave. corridor area of Venice. Next door to Ozone Park, steps to Whole Foods and walkable to the beach! Development opportunities like this one are few and far between. Currently, the property is a duplex consisting of two 3BR/2+BA units with rooftops patios and several charming outdoor garden spaces. One of the units has a separate exterior patio and private bedroom entrance, perfect for a home office or in-law unit. Plans for the current building are available upon request. Seller has been advised that at least 6 and possibly 12 units can be built on this 5,155 square foot lot. and buyers are both encouraged and advised to do their own due diligence. This property offers tremendous upside potential through a variety of development pathways.

    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/101724224

    703 Machado Drive Venice, CA 90291

    • Price: $2,895,000
    • Status: Active
    • Updated: 96 min ago
    • ID#: AR19281156
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    2,652
    SQFT
    $1,092
    $/SQFT
    1946
    Built
    Neighborhood:
    C11 - Venice
    County:
    Los Angeles
    Area:
    C11 - Venice
    Property Description
    Extremely rare property on an R-3 lot in the highly desirable Rose Ave. corridor area of Venice. Next door to Ozone Park, steps to Whole Foods and walkable to the beach! Development opportunities like this one are few and far between. Currently, the property is a duplex consisting of two 3BR/2+BA units with rooftops patios and several charming outdoor garden spaces. One of the units has a separate exterior patio and private bedroom entrance, perfect for a home office or in-law unit. Plans for the current building are available upon request. Seller has been advised that at least 6 and possibly 12 units can be built on this 5,155 square foot lot. and buyers are both encouraged and advised to do their own due diligence. This property offers tremendous upside potential through a variety of development pathways.
    Exterior Features

    Garage Spaces 2.00 Lot Features Back YardCorner LotLevel With StreetLevelPark Nearby Lot Size Source Assessor Lot Size Units Square Feet Parking Total 2.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Laundry Features Inside Levels Two

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features CurbsSidewalks Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 0.00 Gross Scheduled Income 0.00 Insurance Expense 0.00 Land Lease YN No Laundry YN Yes Net Operating Income 0.00 New Construction YN No New Taxes Expense 0.00 Number Of Separate Electric Meters 0 Number Of Separate Gas Meters 0 Number Of Separate Water Meters 0 Operating Expense 0.00 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 0.00 Trash Expense 0.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Assessor Zoning Lar3

    Listing provided courtesy of Tricia Harding of Distinctive Properties


    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.

     
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    Carlsbad CA, 92009