• 123 Park Place Venice, CA 90291

  • $1,950,000
  • 2
    Bed(s)
  • 0
    Baths
  • 2,008
    Sq Ft
  • 2250
    Sqft
  • Listed By: Michelle Nissani, Douglas Elliman, DRE #01330453
  • Source: CRMLS

Welcome to the walk Streets of Venice, one block from the Beach at the end of Abbot Kinney/Brooks and just south of Main street.The location is outstanding. Enter through the white picket fence into a shared sun trap of a garden, to be enjoyed by all. This is a four unit building, fully occupied. On the ground floor is unit 1, a 1 bedroom, 1 bathroom unit, and on the 2nd floor are three units, 2 studios and another 1 bedroom, 1 bathroom unit. The units on the upper floor have all been updated. The one bedroom unit upstairs has an exposed wood ceiling, stainless steel appliances, wood floors, cool light fixtures, wood blinds, a little desk area and a light and airy bathroom. There is also a communal laundry, and a carport that fits 6 cars tandem. There are 4 storage bins for the tenants use. Good steady income, low expenses. Expenses include projected property taxes for new owner. An all round great investment. Will need 72 hours notice to show Monday - Saturday.

Property Type :

Residential Income

County :

Los Angeles

Style :

Residential Income

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Property Details

 

Bedroom Information

Total Bedrooms : 2

Bathroom Information

Total Baths: 4

Full Baths: 0

Half Baths: 0

Interior Features

Interior Features: Ceiling Fan(s)

Property Appliances: Dishwasher,Refrigerator

Cooling Features

None

Air Conditioning

Heating Source

Wall Furnace

Has Heating

Building Information

Year Built: 1965

Building Area Total: 2,008

Laundry Features

Common Area

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.0517

Lot Size Source: Vendor Enhanced

Lot Size Square Feet: 2250

Listing Price Information

Original List Price: 1,950,000

Listing Contract Date: 2023-05-04

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 4286014022

Garage and Parking

Garage Description: Carport

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active Under Contract

Source Neighborhood: C11 - Venice

Postal Code Plus 4: 3286

Directions: West of Main, East of Pacific, South of Rose and North of Abbot Kinney/Brooks

Zoning: LARD1.5

Source Property Type: Residential Income

Area: C11 - Venice

Building and Construction

Property Age: 59

Year Built Source: Vendor Enhanced

Total Square Feet Living: 2008

Levels or Stories: Multi/Split

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
11 20th Avenue, Venice, CA,90291 $3,290,000 -- -- -- 2642 Sqft
1352 Palms Boulevard, Venice, CA,90291 $4,190,000 6 4 4,476 10893 Sqft
1113 Electric Avenue #1, Venice, CA,90291 $1,250,000 1 1 1,010 14390 Sqft
325 Brooks Avenue, Venice, CA,90291 $3,699,000 2 2 1,896 5279 Sqft
1702 Abbot Kinney Boule.., Venice, CA,90291 $1,875,000 4 -- 1,867 3000 Sqft
1706 Abbot Kinney Boule.., Venice, CA,90291 $1,875,000 3 -- 2,842 3001 Sqft
580 Venice Boulevard, Venice, CA,90291 $2,500,000 4 -- 1,914 3907 Sqft
537 W Westminster Avenue, Venice, CA,90291 $2,900,000 6 -- 2,389 10408 Sqft
14 Brooks Avenue #6, Venice, CA,90291 $3,550 -- 1 448 6011 Sqft
241 Horizon Avenue, Venice, CA,90291 $2,899,000 7 5 3,408 3060 Sqft

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ByOwner last updated this listing 04/28/2024 @ 16:24

MLS: 23267293
LISTED BY: Michelle Nissani, Douglas Elliman
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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