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    2460 Venice Boulevard

    Los Angeles (City), CA 90019
    • $3,925,000
    • STATUS: Active
    • ON SITE: 44 days
    • ID#: 20628498
    UPDATED: 66 min ago
    $3,925,000
    • 0
      BEDS
    • 0.28
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1951
    County:

    School Ratings & Info

    Description

    The Venice Blvd. Apartment Complex is a 14 unit apartment building located in Mid-City area of Los Angeles. The building has a great mix; (5) 2bed / 1 bath units, (9) 1bed / 1bath units. There is parking on an adjacent carport and open parking spaces. All of the tenants are current on rents and theres a significant upside potential in rents. The property is in a TIER 2 within the Transit Oriented Communities (TOC).

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-19T11:26:24.477. 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 | Compass. Licensed in the State of California, USA.

    www.themarellygroup.com/homes/109735248
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    2460 Venice Boulevard Los Angeles (City), CA 90019

    • Price: $3,925,000
    • Status: Active
    • Updated: 66 min ago
    • ID#: 20628498
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.28
    Acres
    1951
    Built
    Neighborhood:
    C16 - Mid Los Angeles
    County:
    Los Angeles
    Area:
    C16 - Mid Los Angeles
    Property Description
    The Venice Blvd. Apartment Complex is a 14 unit apartment building located in Mid-City area of Los Angeles. The building has a great mix; (5) 2bed / 1 bath units, (9) 1bed / 1bath units. There is parking on an adjacent carport and open parking spaces. All of the tenants are current on rents and theres a significant upside potential in rents. The property is in a TIER 2 within the Transit Oriented Communities (TOC).
    Exterior Features

    Architectural Style Traditional Carport Spaces 6.00 Construction Materials Stucco Direction Faces North Entry Location Ground Level W/Steps Foundation Details Block Garage Spaces 0.00 Lot Features Front Yard Lot Size Source Assessor Lot Size Units Square Feet Parking Features Carport Parking Total 6.00 Parking YN Yes Pool Features None Pool Private YN No Roof CompositionShingle Spa Features None Spa YN No View None View YN No

    Interior Features

    Fireplace Features None Fireplace YN No Flooring CarpetLaminateTile Heating Wall Furnace Heating YN Yes Interior Features 2 Staircases Laundry Features Individual RoomOutsideCommunity Levels Two

    Property Features

    Accessibility Features None Additional Parcels YN No Country Us Financial Info As Of 2020-08-31 00:00:00 Gross Income 2400.00 Gross Multiplier 14.29 Gross Operating Income 210240.00 Land Lease YN No Laundry Income 2400.00 Laundry YN Yes Net Operating Income 140620.00 Property Condition Updated/Remodeled Rent Control YN Yes Security Features Carbon Monoxide Detector(S)Gated CommunitySmoke Detector(S) Senior Community YN No Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 17120.00 Total Expenses 63384.00 Vacancy Allowance Rate 0.00 Zoning Lar3

    Listing provided courtesy of Cesar Gonzalez of Keller Williams Realty Encino-


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-19T11:26:24.477. 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 | Compass. Licensed in the State of California, USA.

     
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    The Marelly Group | Compass
    5256 South Mission Rd, Suite 1006
    Bonsall CA, 92003