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1146 Venice Blvd
For Sale $1,990,000 ($638.64 per Sq Ft)
$1,990,000 ($638.64 per Sq Ft)
- 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
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% |
Listing Provided By
Michael Irvine an agent of . Lic #01839544
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