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2418 Pacific Ave
For Sale $2,150,000
$2,150,000
- Unknown Bedrooms
- Unknown Bathrooms
- Unknown Sq Ft
- 2,755 Sq Ft
Description
For the first time in nearly five decades, 2418 Pacific
Ave is now on the market. The sellers own an identical
4-plex next door at 2420 Pacific and are open to offers
on both properties, either together or separately.
These exceptional A-Class Venice assets are on the
walk streets of the Venice Canals and are mere
seconds from the beach. This offering presents an
outstanding opportunity for an investor or owneroccupant
to acquire a trophy asset in a highly
desirable area of Venice Beach. The building boasts
strong in-place rents and is being offered at a 4.68%
cap rate and 15.21 GRM. With parking and outdoor
space available for 3 out of 4 units, a buyer will have
ease when renting, minimizing vacancy loss.
Each property is a 2,802 square feet 4-unit building on
a 2,755-square foot lot. They feature on 3bed/2bath
unit with a patio and 2 parking spaces, one
2bed/1bath unit with a large back deck and 2 parking
spaces, and 2 studio units with one parking space
each and a patio. Reach out for more information
regarding 2420 Pacific Ave.
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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 | $2,150,000 |
| Property Type | Fourplex (4-units) |
| Usable Sqft | Unknown |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1965 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 4227004038 |
| MLS # | SB24081257 |
| Property ID | 293154212 |
| Lot Sqft | 2,755 |
| Zoning | LARD1.5 |
| Total Units | 4 |
| Days on Market | 218 |
| Original List Price | $2,200,000 |
| Date Updated | November 21, 2024 |
| Date Created | April 23, 2024 |
Listing Provided By
Cameron Samimi an agent of Lyon Stahl Investment Real Estate, Inc.. Lic #02035763
© 2024 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of November 21, 2024 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT