Excellent opportunity to purchase a 9-unit building a few blocks from the famous Venice Canals, Ocean Front Walk, and you can purchase the building right next store, 1921 Canal Street, which is also available (also 9-units, Identical unit mix and square footage, can be purchased together or separately). Both Buildings… Read More are Fully leased. Some units have been updated. Most rents under market value with big upside when units become vacant. 8 parking spots allocated to tenants for each building. See Income and unit breakdowns. Inside with accepted offer. Read Less
Property listed by Dogtown Realty, Jeff Konecke 310-562-7429
Listing Snapshot
Days Online
35
Last Updated
Property Type
Other
Beds
7
Square Ft.
6,411
Lot Size
0.14 Acres
Year Built
1972
MLS Number
25520233
30 Days Snapshot Of 90291
$2.71M
-20%
(avg) sold price
17
-22%
homes sold
70
-1%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1972, Building area total: 6,411, Levels: Two, Living area: 6411, 2 stories, 1 building
Cooling
None
Heating
SpaceHeater
Income
Gross income: $160,224, Net operating income: $115,000
Lot
0.1373 acres, 5,981 square feet, Size: 5,981
Parking
8 open parking spaces, 8 totals parking, Driveway
Property
Zoning: LARD1.5
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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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