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3000 Grand Canal

Venice, CA 90291
  • $7,295,000
  • STATUS: Active
  • ON SITE: 15 Days
  • ID#: 21105791
UPDATED: 43 min ago
$7,295,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1927
County:
Area:

School Ratings & Info

Listing Agent: James Allan of Compass


Description

Trophy Canal front 5 unit Building on the famed Venice Canals. Newer construction just 3 blocks from the Ocean and minutes from famous Abbott Kinney, Marina Del Rey, Venice boardwalk and all the best Restaurants/hotspots Venice has to offer. Front 3 Story Home boasts sweeping Views of the Venice Canals and Santa Monica mountains from every level. 4BR l 4.5BA Owners unit has private elevator, front lush private garden with decks on every level, perfect for entertaining. Beautiful open chefs kitchen with Island, custom cabinets, Travertine counters, large pantry and Stainless-steel appliances throughout opening up to the Canal front garden through French doors perfect for a large Family and entertaining. Large open Living room and dining area with fireplace. Second and third levels have 2 Master suites with spacious walk-in closets, Luxurious Master bathrooms, Seating area and fireplace lead to private decks through sliding doors each with Fantastic Views down the Venice canals. Other 4 Units all comparably appointed consisting of 2x 3BR l 3BA units, and 2x 1BR l 1.5BA units. All with central A/C, heat and fireplaces. Current Gross Income of $380,000/year and Cap Rate of 3.3%.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-05T18:25:55.747. 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/123423226
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3000 Grand Canal Venice, CA 90291

  • Price: $7,295,000
  • Status: Active
  • On Site: 15 Days
  • Updated: 43 min ago
  • ID#: 21105791
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1927
Built
Neighborhood:
C11 - Venice
County:
Los Angeles
Area:
C11 - Venice
Property Description
Trophy Canal front 5 unit Building on the famed Venice Canals. Newer construction just 3 blocks from the Ocean and minutes from famous Abbott Kinney, Marina Del Rey, Venice boardwalk and all the best Restaurants/hotspots Venice has to offer. Front 3 Story Home boasts sweeping Views of the Venice Canals and Santa Monica mountains from every level. 4BR l 4.5BA Owners unit has private elevator, front lush private garden with decks on every level, perfect for entertaining. Beautiful open chefs kitchen with Island, custom cabinets, Travertine counters, large pantry and Stainless-steel appliances throughout opening up to the Canal front garden through French doors perfect for a large Family and entertaining. Large open Living room and dining area with fireplace. Second and third levels have 2 Master suites with spacious walk-in closets, Luxurious Master bathrooms, Seating area and fireplace lead to private decks through sliding doors each with Fantastic Views down the Venice canals. Other 4 Units all comparably appointed consisting of 2x 3BR l 3BA units, and 2x 1BR l 1.5BA units. All with central A/C, heat and fireplaces. Current Gross Income of $380,000/year and Cap Rate of 3.3%.
Exterior Features

Parking Features Door-MultiGarage Parking Total 10 View CanalCity LightsCoastlineCanyon View YN Yes Waterfront Features Canal Front

Interior Features

Appliances DishwasherDisposalMicrowaveDryer Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes

Property Features

Association Fee 0 Gross Income 380400 Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 332400 New Construction YN No Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0 Zoning Larw1



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-05T18:25:55.747. 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 Agent: James Allan of Compass