808 Venice

    Venice, CA 90291
    • $2,595,000
    • STATUS: Active
    • ON SITE: 19 days
    • ID#: 18308938
    UPDATED: 39 min ago
    $2,595,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,526
      SQFT
    • $1,027
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1939
    County:
    Area:

    School Ratings & Info

    Description

    Prime development opportunity in the heart of Silicon Beach on burgeoning Venice Blvd. Potential to build approximately 6,400 Square feet ( see schematic for (4) 3 bedroom, 3 bath town homes approximately 1,700 square feet each). Property currently generates $112,200 in annual revenue or can be delivered vacant. Existing tenants pay all utilities, landlord responsible for property taxes and gardener. 96' feet of frontage on Venice Blvd. just East of Abbot Kinney and alley access. Broker does not guarantee the accuracy of square footage, lot size or other information concerning the condition or features of property provided by seller or obtained from public records or other sources, and the Buyer is advised to independently verify the accuracy of that information through personal inspection and with appropriate professionals.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-02-21T09:25:54.41. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.inlandempiresold.com/homes/80449664

    808 Venice Venice, CA 90291

    • Price: $2,595,000
    • Status: Active
    • Updated: 39 min ago
    • ID#: 18308938
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    2,526
    SQFT
    $1,027
    $/SQFT
    1939
    Built
    Neighborhood:
    C11 - Venice
    County:
    Los Angeles
    Area:
    C11 - Venice
    Property Description
    Prime development opportunity in the heart of Silicon Beach on burgeoning Venice Blvd. Potential to build approximately 6,400 Square feet ( see schematic for (4) 3 bedroom, 3 bath town homes approximately 1,700 square feet each). Property currently generates $112,200 in annual revenue or can be delivered vacant. Existing tenants pay all utilities, landlord responsible for property taxes and gardener. 96' feet of frontage on Venice Blvd. just East of Abbot Kinney and alley access. Broker does not guarantee the accuracy of square footage, lot size or other information concerning the condition or features of property provided by seller or obtained from public records or other sources, and the Buyer is advised to independently verify the accuracy of that information through personal inspection and with appropriate professionals.
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet Parking Features PrivateGarage Parking YN Yes

    Interior Features

    Appliances Refrigerator Appliances YN Yes

    Property Features

    Gross Multiplier 23.00 Gross Operating Income 112200.00 Improvements Amount 101525 Land Value 1066012 Net Operating Income 99200.00 Special Listing Conditions Standard Total Expenses 13000.00 Zoning Lar3

    Listing provided courtesy of Jesper Inglis of Coldwell Banker Residential Br.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-02-21T09:25:54.41. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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    Hemet CA, 92545