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    402 N Venice Blvd

    Venice, CA 90291
    • $1,925,000
    • STATUS: Active
    • ON SITE: 32 days
    • MLS #: 21-729990
    UPDATED: 30 min ago
    $1,925,000
    • 4
      BEDS
    • 0.07
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,825
      SQFT
    • $1,055
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1922
    County:
    Area:

    School Ratings & Info

    Description

    This 3-unit investment opportunity delivers annual income $120,600 and CAP rate of 5.6 on the always-in-demand beach lifestyle! Tenants are drawn in by ocean breezes, sunny skies, and a location thats just blocks from the Venice Boardwalk, canals, and shops & dining at Abbot Kinney & Main St. An exterior clad in bright Caribbean-inspired colors stands out as fun & playful, putting these charming bungalows on the map. Vintage details are found throughout each unit, with wood floors, solid shaker doors, classic hardware, built-in cabinets & cozy fireplaces. Practical upgrades such as recently updated bathrooms and laundry in each unit are tenant must-haves. Unit A features 2 beds/ 2 baths, deeply hued vaulted ceilings, a kitchen with SS counters, & rustic barn door in the master bedroom. Unit B offers 1 bed/1 bath, with windows bringing in flowing light. Vaulted ceilings & fireplace trimmed in wood are stand-out elements, and the kitchen looks out on a private deck. Unit C is 1 bed/ 1 bath, with a bar counter creating a great hang-out spot that connects the living room, kitchen & dining nook. A bonus mud room opens to a private outdoor space with gorgeous bougainvillea. The bathroom is a pass-through that connects to the bedroom and laundry. Contact us today for a list of recent upgrades, and detailed income information. Showings only with excepted offer

    Monthly Payment Calculator



    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-12T20:42:41.517. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.markwiseproperties.com/homes/116979026
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    402 N Venice Blvd Venice, CA 90291

    • Price: $1,925,000
    • Status: Active
    • Updated: 30 min ago
    • MLS #: 21-729990
    4
    Beds
    0
    Baths
    0
    ½ Baths
    0.07
    Acres
    1,825
    SQFT
    $1,055
    $/SQFT
    1922
    Built
    Neighborhood:
    Venice
    County:
    Los Angeles
    Area:
    Venice
    Property Description
    This 3-unit investment opportunity delivers annual income $120,600 and CAP rate of 5.6 on the always-in-demand beach lifestyle! Tenants are drawn in by ocean breezes, sunny skies, and a location thats just blocks from the Venice Boardwalk, canals, and shops & dining at Abbot Kinney & Main St. An exterior clad in bright Caribbean-inspired colors stands out as fun & playful, putting these charming bungalows on the map. Vintage details are found throughout each unit, with wood floors, solid shaker doors, classic hardware, built-in cabinets & cozy fireplaces. Practical upgrades such as recently updated bathrooms and laundry in each unit are tenant must-haves. Unit A features 2 beds/ 2 baths, deeply hued vaulted ceilings, a kitchen with SS counters, & rustic barn door in the master bedroom. Unit B offers 1 bed/1 bath, with windows bringing in flowing light. Vaulted ceilings & fireplace trimmed in wood are stand-out elements, and the kitchen looks out on a private deck. Unit C is 1 bed/ 1 bath, with a bar counter creating a great hang-out spot that connects the living room, kitchen & dining nook. A bonus mud room opens to a private outdoor space with gorgeous bougainvillea. The bathroom is a pass-through that connects to the bedroom and laundry. Contact us today for a list of recent upgrades, and detailed income information. Showings only with excepted offer
    Exterior Features

    Direction Faces West Lot Size Area 3102 Other Structures None Parking Garage None Patio Features Deck(S)PorchEnclosed Pool Description None Pool YN No Roof CompositionShingle Spa None Spa YN No Sprinklers None Style Bungalow Tennis Court None Tennis YN No Total Parking 0 View Description None View YN No Water Frontage None

    Interior Features

    Baths Total 4.00 Cooking Appliances Gas Cooling Window Unit(S) Equipment DryerGarbage DisposalWasherRefrigeratorRange/Oven Flooring Hardwood Heating Wall Laundry In Unit Water Heater Features Water Heater Unit

    Property Features

    Assessed Total Value 1120889 Disability Access None Gross Income 0 Gross Operating Income 0 Like Units1 1 Like Units2 2 Like Units3 3 Net Operating Income 0.00 Number Of Buildings 3 Number Of Units 3 Owner Pays Water Sale Type Standard Security Features None Sewer In Street Source Living Area Assessor Source Lot Size Area Vendor Enhanced Total Annual Expense 0 Type Of Units Three Separa Water District Year Built Source Vendor Enhanced Zoning Lard1.5

    Listing provided courtesy of H. Jasan Sherman DRE#01333986 of Rodeo Realty- Brentwood.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-12T20:42:41.517. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Mark Wise | Bennion Deville Homes
    71691 Highway 111
    Rancho Mirage CA, 92270