1146 Venice Blvd, Venice, CA 90291 | For Sale

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For Sale $1,990,000 ($638.64 per Sq Ft)

$1,990,000 ($638.64 per Sq Ft)
  • (0)
  • 4 Bedrooms
  • 4.00 Bathrooms
  • 3,116 Sq Ft
  • 4,489 Sq Ft

Description

Fantastic opportunity to acquire this remodeled and very well maintained four-unit building, located in an excellent Venice location. Totaling 3,116 SF on a 4,489 SF lot, this updated two story building, consists of 4 units, each 1 bed /1 bath. All units have been recently renovated with new floors, new appliances, remodeled bathrooms and kitchens. Additional upgrades to the building include new copper plumbing, updated electrical throughout and newer windows. Further features include 4 garage spaces, storage, as well as great patio areas. This is a wonderful investment property, in a great neighborhood.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $1,990,000
Property Type Fourplex (4-units)
Usable Sqft 3,116
Number of Stories 2 stories
Parking Spots 4 spots
Year Built 1952
Last Sold Unknown
Sold Price Unknown
APN # 4236001014
MLS # 25493559
Property ID 293149784
Lot Sqft 4,489
Zoning LAR4
Total Units 4
Days on Market 44
Original List Price $1,990,000
Date Updated February 15, 2025
Date Created February 07, 2025
Unit # Beds Baths Current Rent Proforma Rent
Unit #1 1 1.00 $2,675 $2,600
Unit #2 1 1.00 $1,720 $2,600
Unit #3 1 1.00 $2,080 $2,600
Unit #4 1 1.00 $2,255 $2,600
Gross Income (Yr) $ 104,760
Operating Expenses $ 36,900
Net Income (Yr) $ 65,700
Cap Rate 3.04%
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Listing Provided By

Michael Irvine an agent of . Lic #01839544


© 2025 CARETS and TheMLS. All rights reserved. Based on information from CARETS as of February 15, 2025 The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. 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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