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521 Venice Way
Venice CA 90291 US

$2,950,000

Active Listing ID 24-376551
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4 bed
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Lot: 0.10 Acres
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Other

$2,950,000

Active Listing ID 24-376551
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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!

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Property Features

  • Facts
  • Lot Size: 0.10 Acres
  • Property Type: Residential
  • Property Sub-type: Other
  • Features
  • Cooling System: Window Unit(s) A/C
  • Heating Fuels: Central Furnace

Property

  • propertytype: Residential
  • propertysubtype: Other
  • listprice: 2950000
  • unparsedaddress: 521 Venice Way
  • postalcity: Venice
  • stateorprovince: CA
  • country: US
  • postalcode: 90291
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.1031
  • lotsizeunits: Acres
  • lotsizearea: 0.1031
  • livingarea: 2673
  • livingareaunits: Square Feet
  • latitude: 33.987761
  • longitude: -118.466489
  • listagentfullname: Meredith Gruszka
  • listagentemail: meredith@pardeeproperties.com
  • listagentkey: 3yd-CLAWCA-C126957
  • listagentmlsid: C126957
  • listagentpreferredphone: 3109076517
  • listagentofficephone: 3109076517
  • listofficekey: 3yd-CLAWCA-X77543
  • listofficemlsid: X77543
  • disclaimer: Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CLAWCA
  • yearbuilt: 1947
  • listingcontractdate: 2024-04-11
  • listagenturl: https://www.pardeeproperties.com
  • countyorparish: Los Angeles
  • parcelnumber: 4238-019-020
  • cooling: Window Unit(s) A/C
  • heating: Central Furnace
  • numberofunitstotal: 3
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • architecturalstyle: Bungalow
  • rooms: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -118.466489, 33.987761
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Listing Changed: 4/14/2024 9:06:51 PM GMT
Source Updated Date: 5/6/2024 6:38:53 AM GMT

Courtesy of: Meredith Gruszka, Pardee Properties, meredith@pardeeproperties.com

Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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