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239 3rd Avenue

Venice, CA 90291
  • $2,200,000
  • STATUS: Active
  • ON SITE: 34 Days
  • ID#: PW21235640
UPDATED: 79 min ago
$2,200,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1953
County:
Area:

School Ratings & Info

Listing provided courtesy of Daniel Lewin of Dan Lewin, Broker

Description

DESIRABLE VENICE BEACH FOURPLEX WITH 41% POTENTIAL UPSIDE IN RENTS. Excellent location walkable to the beach, The Venice Boardwalk, World-Class dining and entertainment, and across the street from Googles Venice campus | Walk Score: 93. One unit will be delivered without tenants *underwriting reflects proforma rent for non-occupied unit. Property features two Two-Bedroom and Two One Bedroom with laundry in each unit. Large 6,435 sqft lot | Potential to add up to 2 ADUs per State of California standards. buyer to verify.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-02T21:29:04.5. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
www.themarellygroup.com/homes/122856515
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239 3rd Avenue Venice, CA 90291

  • Price: $2,200,000
  • Status: Active
  • On Site: 34 Days
  • Updated: 79 min ago
  • ID#: PW21235640
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1953
Built
Neighborhood:
C11 - Venice
County:
Los Angeles
Area:
C11 - Venice
Property Description
DESIRABLE VENICE BEACH FOURPLEX WITH 41% POTENTIAL UPSIDE IN RENTS. Excellent location walkable to the beach, The Venice Boardwalk, World-Class dining and entertainment, and across the street from Googles Venice campus | Walk Score: 93. One unit will be delivered without tenants *underwriting reflects proforma rent for non-occupied unit. Property features two Two-Bedroom and Two One Bedroom with laundry in each unit. Large 6,435 sqft lot | Potential to add up to 2 ADUs per State of California standards. buyer to verify.
Exterior Features

Fencing Needs Repair Lot Features Street Level Number Of Separate Electric Meters 5 Open Parking Spaces 4 Parking Total 8 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls Cooling None Cooling YN No Heating Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 3.52 Common Interest Community Apartment Community Features Curbs Electric Expense 532 Fuel Expense 532 Garage YN Yes Gross Income 1100 Gross Scheduled Income 163200 Insurance Expense 1529 Land Lease YN No Laundry Features Inside Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan Maintenance Expense 2800 Net Operating Income 77495 New Construction YN No New Taxes Expense 26395 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Number Of Units Leased 3 Operating Expense 35820 Other Expense 2620 Pest Control Expense 200 Property Sub Type Quadruplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 532 Vacancy Allowance 3505 Water Sewer Expense 532 Water Source Public Zoning Lard1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-02T21:29:04.5. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
 
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The Marelly Group | Sentry Residential
5256 South Mission Rd, Suite 1006
Bonsall CA, 92003
Listing provided courtesy of Daniel Lewin of Dan Lewin, Broker