$2,495,000
About this home
This property is located along Venice Blvd and features 5 units including a large 2 bedroom/1 bath owners unit with private patio. All units have been renovated with new two tone paint, dual pane windows, vinyl flooring, stainless steel appliances, ceiling fans, window treatments, vanities, toilets, fixtures, tubs, garage door openers etc. Several units include patio's or balconies. Added value with below market rents make this investment very attractive. Increase revenue by leasing out the garage spaces and increasing the rents. Also, there is an on-site laundry room for tenants to use. This property has an ideal location in the heart of Silicon Beach’s “Tech Hub” with close proximity to major employers (Snap Inc., Google, System1, Headspace, and more. Less than a mile away from the famous Venice Beach & Boardwalk and in close proximity to other well-known surrounding amenities and locations, including Muscle Beach, Venice Skatepark, Venice Canals Historic District, Abbot Kinney Boulevard, and Santa Monica Pier. The submarket median home values are expected to increase by approximately 12% in the next 5 years. Adjacent to Culver City, Marina Del Rey, and Santa Monica. Easy access to public transportation and near the 10 and 405 Freeways. This property is only 7 miles away from Los Angeles Airport (LAX) and 2.5 miles away from Santa Monica Airport. In addition, the subject property is 4.5 miles away from West Los Angeles College (WLAC) and 8 miles away from UCLA.
Facts & features
- Interior features
- Ceiling Fans, Recessed Lighting
- Appliances
- Free Standing Range, Freezer, Gas Cooktop, Disposal, Gas Range, Refrigerator, Water Heater
- Flooring
- Tile, Vinyl
- Fireplace
- None
- Heating
- Wall Furnace
- Cooling
- None
- Laundry
- Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room, See Remarks
- Levels
- One, Two
- Spa
- None
- Lot size
- 0.135 acres (5,858 sq ft)
- Pool
- None
- View
- Neighborhood
- Architectural style
- Traditional
- Year built
- 1950
- Parking
- Assigned, Asphalt, Concrete, Covered, Driveway Level, Door Single, Garage, Garage Faces Rear, On Street
- Parking spaces
- 4
- Area
- C 11 - Venice
- County
- Los Angeles
- Community features
- Curbs, Gutters, Sidewalks
- Status
- Active
- Property type
- Mixed Use
- Days on market
- 228
- Listed
- 2025-09-26
- Original price
- $2,795,000
- Terms
- Cash, Cash To New Loan, Conventional, Contract, Exchange 1031, Submit
- Parcel #
- 4236006006
- MLS #
- CV25215931
