Thank you
Richard Schulman
KW Advisors
310-482-2200
This triplex, with a rich history as an investment property, presents an incredible opportunity for real estate buyers and investors. Two of the three units will be delivered VACANT! Situated just steps away from the breathtaking shoreline, this vintage gem offers unrivaled views of the Pacific Ocean and Venice Beach from its impressive roof deck. One of the standout features of this lot is its highly valuable LAR3 zoning and three separate addresses (31, 33, & 33.5 ), opening up a world of possibilities for potential buyers. Whether you envision developing luxurious condos, utilizing it as an owner/user property, or simply maintaining it as an income-producing investment, the choice is yours. Its well-designed layout consists of two charming 1BR/1BA units, both located on the ground floor, and a spacious 2BR/2BA unit with exclusive access to the 360-degree view roof deck (refer to floor plan pics for a closer look at the layouts of all three units). All residents can enjoy the shared open-air patio located behind the building. Each unit also comes with a dedicated one-car garage, and the three-bay garage conveniently opens to the alley behind the building, ensuring easy access and parking. The property boasts several noteworthy amenities, including stainless-steel appliances, newer water heaters, a shared laundry room, and secure code key gates. You'll also appreciate the proximity to the area's finest attractions, including world-class shopping and renowned restaurants along the iconic Abbot Kinney Boulevard. Immerse yourself in the vibrant Venice Beach community and embrace the California dream life.
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Total Bedrooms : 4
Total Baths: 4
Full Baths: 0
Half Baths: 0
Property Appliances: Dishwasher,Refrigerator,Washer
Fireplace: None
Flooring: Wood
Central Air
Air Conditioning
Central
Has Heating
Fireplace Features: None
Has Fireplace: 0
Year Built: 1938
Building Area Total: 1,968
Gated Community
None
Common Area
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.0606
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 2641
Original List Price: 2,850,000
Listing Contract Date: 2024-01-23
Listing Agreement: Seller Reserved
Parcel Number: 4226014013
Garage Description: Door-Multi,Garage
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: C11 - Venice
Postal Code Plus 4: 4381
Directions: East of Speedway, West of Pacific Ave
Zoning: LAR3
Source Property Type: Residential Income
Area: C11 - Venice
Property Age: 86
Year Built Source: Vendor Enhanced
Total Square Feet Living: 1968
Levels or Stories: Multi/Split
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 |
123 Park Place, Venice, CA,90291 | $1,950,000 | 2 | -- | 2,008 | 2250 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 |
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ByOwner last updated this listing 05/04/2024 @ 19:51
MLS: 24350423
LISTED BY: Richard Schulman, KW Advisors
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.