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658 Westminster Ave

Venice, CA 90291
  • $2,225,000
  • STATUS: Active Under Contract
  • ON SITE: 35 days
  • MLS #: 21-747638
Under Contract
UPDATED: 158 min ago
$2,225,000
  • 6
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,934
    SQFT
  • $758
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1945
County:
Area:

School Ratings & Info

Description

Delightful triplex compound on a quiet residential street. The freshly painted two story front building consists of 2 - 2 bed 1 bath apartments with hardwood floors & lots of light. The separate back 2 story house features a bright, airy 2 bed 2 bath upstairs with bamboo floors, large skylight, central heat and air and access to a huge attic space. The sliding doors off the living area open up to a balcony, perfect for morning coffee or evening barbeque. The downstairs has a large laundry room and a separate large bonus/office/storage room with its own entrance and direct access to the 2-car garage (possible ADU?). Numerous fruit trees and flowers enrich the landscape. Enjoy the Venice outdoor lifestyle with three distinct patio areas. The compound is private, gated and includes additional parking. This great live/ work space is blocks to Abbot Kinney, Rose, Whole Foods and the neighborhood's amazing selection of restaurants & shopping including Intelligentsia, Gjelina, Gjusta, Cafe Gratitude, Erewhon, etc. And of course Venice Beach and the Pacific Ocean. Perfect for an owner-user with potential for an investor as well. 2 of the units are vacant and easy to show.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-07-24T23:42:36.89. 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/118521378
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658 Westminster Ave Venice, CA 90291

  • Price: $2,225,000
  • Status: Active Under Contract
  • Updated: 158 min ago
  • MLS #: 21-747638
6
Beds
0
Baths
0
½ Baths
0.12
Acres
2,934
SQFT
$758
$/SQFT
1945
Built
Neighborhood:
Venice
County:
Los Angeles
Area:
Venice
Property Description
Delightful triplex compound on a quiet residential street. The freshly painted two story front building consists of 2 - 2 bed 1 bath apartments with hardwood floors & lots of light. The separate back 2 story house features a bright, airy 2 bed 2 bath upstairs with bamboo floors, large skylight, central heat and air and access to a huge attic space. The sliding doors off the living area open up to a balcony, perfect for morning coffee or evening barbeque. The downstairs has a large laundry room and a separate large bonus/office/storage room with its own entrance and direct access to the 2-car garage (possible ADU?). Numerous fruit trees and flowers enrich the landscape. Enjoy the Venice outdoor lifestyle with three distinct patio areas. The compound is private, gated and includes additional parking. This great live/ work space is blocks to Abbot Kinney, Rose, Whole Foods and the neighborhood's amazing selection of restaurants & shopping including Intelligentsia, Gjelina, Gjusta, Cafe Gratitude, Erewhon, etc. And of course Venice Beach and the Pacific Ocean. Perfect for an owner-user with potential for an investor as well. 2 of the units are vacant and easy to show.
Exterior Features

Covered Parking 2 Cross Streets Westminster And 7th Levels Multi/Split Lot Description Automatic GateFenced YardFront YardStreet LightingYard Lot Location Alley Access Lot Size Area 5202 Other Structures None Parking Garage Garage - 2 CarCovered ParkingGarage Is AttachedSide By Side Patio Features Living Room Balcony Total Parking 4

Interior Features

Bathroom Features Shower Over TubTub With Jets Baths Total 4.00 Bedroom Features Master Suite Common Walls Detached/No Common Walls Cooking Appliances Oven-Gas Cooling Air ConditioningCentral Den No Dining Room No Equipment IntercomDishwasherRange/OvenGas Dryer Hookup Family Room No Flooring LinoleumHardwoodTile Heating CentralWallWall Gas Interior Features Storage SpacePull Down Stairs To Attic Laundry Room Rooms AtticBonus RoomDining AreaLiving RoomMaster BedroomOfficeStudy/Office

Property Features

Alley YN Yes Assessed Total Value 350594 Gardener Expense 1200.00 Gross Income 140400 Gross Operating Income 140400 Insurance Expense 2000.00 Like Units1 658 Like Units2 660 Like Units3 662 Net Operating Income 110000.00 Number Of Buildings 2 Number Of Units 3 Owner Pays WaterGardener Rent Control YN Yes Sale Type Standard Security Features Gated Source Living Area Assessor Source Lot Size Area Assessor Tenant Pays ElectricityGas Total Annual Expense 30000 Type Of Units 3 Water District Water Expense 2400.00 Water Heaters YN Yes Year Built Source Assessor Zoning Lard1.5

Listing provided courtesy of Janin Paine DRE#00926341 of Keller Williams-Santa Monica.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-07-24T23:42:36.89. 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