Courtesy of: Meredith Gruszka, Pardee Properties, meredith@pardeeproperties.com
Courtesy of: Meredith Gruszka, Pardee Properties, meredith@pardeeproperties.com
$2,950,000
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4 bed
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Lot: 0.10 Acres
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Other
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$2,950,000
521 Venice Way Welcome to this completely VACANT triplex in the vibrant neighborhood of Venice, California. This property offers the perfect opportunity for an owner/user to generate income or an investor looking to rent all three units, at an estimated 4% cap rate. Located in close proximity to the Venice Canals, the beach, and all that Abbot Kinney Blvd has to offer - this is quintessential Venice living! The recently renovated 2 bed, 2.5 bath back unit lives like a single family townhome featuring dual en suites that provide ample space and privacy for residents and guests. With vaulted bedroom ceilings and a private balcony, this 1200 sqft unit has an airy, open atmosphere. The two front units are 1 bed/1 bath bungalows each filled with sunlight and charm. All of the three units have upgraded appliances, their own washer/dryer, and recently replaced gas lines and roof. The property has 5 car parking, and beautifully landscaped shared outdoor space with an outdoor shower. Whether you're an owner/user, or investor, this triplex presents endless opportunities!
Courtesy of: Meredith Gruszka, Pardee Properties, meredith@pardeeproperties.com
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